What is Lojistic?
Lojistic specializes in providing advanced transportation software and related technologies designed to reduce costs, automate shipping processes, and enhance supply chain efficiencies. Since its inception in 2004, the company has focused on assisting businesses with high shipping volumes to optimize their logistics operations. Lojistic leverages its freight management services, a team of experienced former carrier employees, and innovative cloud-based multi-carrier rate shopping and shipment routing software to deliver substantial cost savings for clients nationwide. The company is based in Costa Mesa, CA.
How much funding has Lojistic raised?
Lojistic has raised a total of $931K across 2 funding rounds:
Debt
$350K
Debt
$581K
Debt (2020): $350K with participation from PPP
Debt (2021): $581K led by PPP
Key Investors in Lojistic
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Lojistic?
The recent major strategic investment and the overall enterprise-level funding context suggest Lojistic is poised for significant expansion. This capital infusion is likely to fuel further development of its proprietary shipping automation technologies, enhance its market reach, and potentially support strategic acquisitions or partnerships within the logistics technology sector. The company's focus on cost reduction and efficiency for high-volume shippers positions it well to capitalize on ongoing trends in e-commerce and supply chain optimization.
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