Introduction: In the fast-evolving world of ecommerce, efficient logistics play a pivotal role in a brand’s success. That’s where LOCAD, a digital logistics startup, is making waves. The
In the fast-evolving world of ecommerce, efficient logistics play a pivotal role in a brand’s success. That’s where LOCAD, a digital logistics startup, is making waves. The company has just raised $9 million in a pre-Series B funding round, with plans to accelerate its international growth and enhance its AI-powered logistics platform. Co-led by Global Ventures and Reefknot Investments, this funding will help LOCAD expand its cloud-based supply chain services into new markets, including the UAE and Saudi Arabia.
LOCAD is a smart digital logistics engine that offers a Cloud Supply Chain-As-a-Service platform. This platform is designed to help consumer brands streamline their supply chain operations, enabling them to connect all their sales channels—both online and retail—to a centralized pool of inventory. LOCAD’s system is powered by a Control Tower orchestration platform that provides real-time visibility, advanced analytics, and AI-enhanced workflow automation.
Simply put, LOCAD simplifies the complexities of ecommerce logistics by integrating various aspects of supply chain management into one seamless platform, making it easier for brands to manage their inventory, track shipments, and deliver products on time.
LOCAD’s platform offers several key features that are transforming the way consumer brands manage their logistics:
By using LOCAD’s platform, brands can unify their omnichannel distribution and access localized fulfillment options, making it easier to meet customer demand across multiple regions.
The $9 million in funding will play a crucial role in supporting LOCAD’s growth strategy. The startup plans to use the capital to accelerate its expansion into new markets, starting with the Middle East in Q4 2024. LOCAD’s “Grow Global, Go Local” strategy focuses on helping brands expand internationally while maintaining localized fulfillment solutions tailored to specific markets.
Additionally, LOCAD aims to enhance its AI-driven logistics capabilities, further improving the platform’s efficiency and optimization. The company will also continue to expand its presence in key growth regions such as Southeast Asia, Australia, and China, where demand for smarter logistics solutions is rapidly growing.
“We are on a mission to enable smart digital logistics for consumer brands. Over the last four years, we have built a cloud supply chain platform in APAC that allows brands to unify their omnichannel distribution and access localized fulfillment in growth markets of SEA and AU,” said Constantin Robertz, CEO and Co-Founder of LOCAD.
The investors backing LOCAD are excited about the startup’s potential to revolutionize ecommerce logistics. Noor Sweid, Founder and Managing Partner of Global Ventures, emphasized LOCAD’s ability to provide a localized, efficient solution for supply chain management. “LOCAD is a prime example of this shift—offering a localized, efficient solution that aligns with our vision for the future of supply chains. We are confident LOCAD is well-positioned to capitalize on opportunities in rapidly evolving markets like MENA, embodying the future of agile and sustainable logistics,” said Sweid.
Marc Dragon, Managing Director of Reefknot Investments, also expressed strong support for LOCAD’s expansion. “At Reefknot, we are excited to co-lead this oversubscribed funding round and deepen our commitment to LOCAD as they expand their global reach and impact. Since our Series A investment, LOCAD has demonstrated a strong ability to execute, scaling their asset-light fulfillment model across markets in Southeast Asia, Australia, and China, while continuously deepening their product capabilities with AI-driven features,” Dragon added.
The confidence from investors like Global Ventures and Reefknot highlights LOCAD’s strong potential to lead the future of ecommerce logistics by helping brands scale their operations efficiently and sustainably.
Looking ahead, LOCAD is positioning itself as a key player in the global logistics space. The startup’s international expansion plans, beginning with the Middle East, will be a major focus over the next year. As ecommerce continues to grow, there will be an increasing demand for smarter, more efficient logistics solutions, and LOCAD is well-equipped to meet that need.
By enhancing its AI-driven platform and expanding into new regions, LOCAD is on track to help brands optimize their global supply chains, reduce costs, and improve delivery times. The startup is also committed to building a sustainable logistics model that minimizes environmental impact while maximizing operational efficiency.
LOCAD’s innovative platform is reshaping the future of ecommerce logistics by offering a cloud-based solution that integrates inventory management, AI-driven automation, and smart logistics. With the recent $9 million funding, LOCAD is poised to accelerate its international expansion and strengthen its position in key markets. As the logistics industry continues to evolve, LOCAD’s smart digital supply chain solutions are set to play a vital role in helping brands scale effectively and efficiently across the globe.
With strong investor support and a clear vision for the future, LOCAD is undoubtedly a startup to watch in the growing ecommerce logistics space.
