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Locad logo — company profile

Locad

Founded 2020 Singapore Singapore 140 employees Series A Total: $16.30M Cloud Infrastructure, E-Commerce +2

General Information

Company Name Locad
Founded Year 2020
Location Singapore Singapore +6
Employees 140
Industries Cloud Infrastructure, E-Commerce, Logistics +1
Funding Stage Series A
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About Locad

Locad is a Singapore-based startup founded in 2020 that has garnered attention for its logistics platform targeting e-commerce brands. The company's mission is to revolutionize the supply chain and logistics industry by offering a comprehensive solution that covers storage, packing, shipping, and order tracking across the Asia-Pacific, GCC, and the USA. By synchronizing inventory across online channels and leveraging a network of warehouses and shipping partners across key locations, such as Singapore, Malaysia, the Philippines, Thailand, Indonesia, China, Australia, the USA, Saudi Arabia, and UAE, Locad enables faster shipping, cost reduction, and exponential growth for hundreds of partner brands. The latest significant development for Locad came in the form of a $11.00M Series A investment led by a consortium of investors, including Antler, FEBE Ventures, Access Ventures, Surge, Western Technology Investment, JG Summit Holdings, Reefknot Investments, Peak XV Partners, and Vivek Bajoria, on 15 January 2023. This injection of funds further validates the potential and appeal of Locad's innovative logistics engine in the rapidly expanding e-commerce and supply chain markets. With a focus on Cloud Infrastructure, E-Commerce, Logistics, and Supply Chain industries, Locad is well-positioned to capture a significant market share and become a transformative force in the logistics ecosystem. The startup's headquarters in Singapore strategically situates it at the heart of a thriving regional e-commerce hub, providing access to key markets and fostering collaborative partnerships. As Locad continues to expand its reach and offerings, it presents an intriguing opportunity for investors seeking exposure to the burgeoning e-commerce logistics space.

Taxonomy: order fulfillment, shipping, warehouse management, Asia-Pacific, technology platform, network of warehouses, shipping partners, growth, business expansion, fulfillment technology, integrated system

Funding Rounds & Investors (3)

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Funding Stage Amount Investors Lead Investors Date
Series A •••••• 9
Investor Investor Investor Investor Investor Investor Investor Investor
•••• •••• 		15 Jan 2023
Seed Round •••••• 1 •••• •••• 17 Mar 2021
Pre Seed Round •••••• - 03 Feb 2021

Latest News

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FEBE Ventures launches $75 million second fund — Techcrunch
FEBE Ventures launches $75 million second fund
Techcrunch Jan 23, 2024

Locad Alternatives & Competitors

Locad vs
YouParcel
YouParcel United States

E-commerce & logistics solutions

27 employees
E-Commerce, Information Technology
Compare Locad vs YouParcel
Locad vs
Bruhat Logistics | Project Freight Forwarding
Bruhat Logistics | Project Freight Forwarding India

Your trusted partner in global project freight forwarding | Think Beyond Big

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Locad vs
Stord
Stord United States

The Consumer Experience Company | Fulfillment, Last-Mile Delivery, & Technology

Series F
882 employees
Compare Locad vs Stord
Also compare with: Locad vs Across The Ocean Shipping Pty Ltd Across The Ocean Shipping Pty Ltd

FAQ About Locad

Locad is the logistics engine enabling e-commerce brands to systematically store, pack, ship, and track orders across Asia-Pacific, GCC and the USA. Our tech platform syncs inventory across online channels and organizes end-to-end order fulfillment through our reliable network of warehouses and shi...
Locad was founded in 2020.
Locad is headquartered in Singapore.
Locad operates in the following industries: Cloud Infrastructure, E-Commerce, Logistics, Supply Chain.
Locad has approximately 140 employees.
Locad has completed 3 funding rounds, raising a total of $16.30M. The latest funding stage is Series A.
Top alternatives and competitors to Locad include YouParcel, Bruhat Logistics | Project Freight Forwarding, Stord, Across The Ocean Shipping Pty Ltd, Borderless360. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Locad and YouParcel are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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