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Lori Systems

lorisystems.com

Founded Year

2017

Stage

Debt - II | Alive

Total Raised

$39.7M

Last Raised

$2M | 2 mos ago

About Lori Systems

Lori Systems digitizes haulage and provides shippers with solutions to efficiently manage their cargo and transporters. Its platform helps logistics firms streamline operations across the cargo-transport value chain. It was founded in 2017 and is based in Nairobi, Kenya.

Headquarters Location

Gateway Park, Block B (Ground Floor) on Mombasa Road

Nairobi,

Kenya

+254 730 877 7777

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Expert Collections containing Lori Systems

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Lori Systems is included in 1 Expert Collection, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

5,190 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

Latest Lori Systems News

Kenya : Google finance Lori Systems, une start-up de logistique numérique

Sep 5, 2022

Kenya : Google finance Lori Systems, une start-up de logistique numérique Date de création: 05 septembre 2022 17:25 (Agence Ecofin) - La maîtrise de la chaîne de valeurs logistique dans le commerce international continue d’être un casse-tête pour les expéditeurs. Certains acteurs du domaine voient en la révolution numérique des outils efficaces pour régler les problèmes. Google a annoncé courant août avoir financé la société Lori Systems, à travers le Fonds d’investissement africain de 50 millions $ qu’il a mis en place. Basée à Nairobi, la start-up également présente en Ouganda et au Nigeria offre des services numériques de logistique pour gérer plus efficacement les expéditions de fret. Plus tôt cette année, elle a été considérée par le Financial Times comme la septième entreprise à la croissance la plus rapide d’Afrique, et a déjà transporté pour plus de 10 milliards USD de fret à travers le continent depuis sa création en 2017. L’apport de Google devrait permettre de redynamiser et d’étendre la révolution engagée par Lori systems, quant au contrôle de la chaîne de valeurs du transport de marchandises. Selon le rapport Logistics Africa de Knight Frank, 75% du prix d’un produit en Afrique est dû à la logistique (contre seulement 6% aux États-Unis). « Chez Google, nous comprenons le pouvoir transformateur que la numérisation peut apporter au continent africain. Il y a tellement de potentiel dans la région, mais ce n’est que par l’innovation que cela peut être pleinement libéré. Lori Systems est un excellent exemple de la façon dont la technologie peut être évolutive à travers l’Afrique et comment, à son tour, cela peut conduire à un développement économique significatif. Nous sommes impatients de voir où l’avenir mènera une entreprise comme celle-ci », a expliqué Nitin Gajria, DG de Google pour l’Afrique subsaharienne.

Lori Systems Frequently Asked Questions (FAQ)

  • When was Lori Systems founded?

    Lori Systems was founded in 2017.

  • Where is Lori Systems's headquarters?

    Lori Systems's headquarters is located at Gateway Park, Block B (Ground Floor) on Mombasa Road, Nairobi.

  • What is Lori Systems's latest funding round?

    Lori Systems's latest funding round is Debt - II.

  • How much did Lori Systems raise?

    Lori Systems raised a total of $39.7M.

  • Who are the investors of Lori Systems?

    Investors of Lori Systems include Google, Newton Partners, Ryan Petersen, Timon Capital, Crystal Stream and 10 more.

  • Who are Lori Systems's competitors?

    Competitors of Lori Systems include Trella, Transporeon, Kargo, Ofload, Rivigo, Transfix, Xeneta, Dray Alliance, Zuum Transportation, Freightos and 53 more.

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