Founded Year

2015

Stage

Series C | Alive

Total Raised

$79M

Last Raised

$50M | 1 yr ago

Revenue

$0000 

Mosaic Score

+10 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Locus

Locus is a deep-tech platform that automates human decisions in the supply chain to provide efficiency, and consistency in logistics operations. The platform uses proprietary algorithms to offer smart logistics solutions like route optimization, real-time tracking, insights, and analytics beat optimization, efficient warehouse management, vehicle allocation, and utilization. Locus also helps companies optimize their end-to-end supply chain network with its strategic consulting offering. The company powers deliveries across Southeast Asia, the Indian Subcontinent, Europe, and North America.

Locus Headquarter Location

691 S Silverside Rd

Wilmington, Delaware, 19810,

United States

+91-804-096-9779

ESPs containing Locus

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Mobility / Supply Chain & Logistics

Companies in this market offer platforms that unify fulfillment and delivery models, helping businesses track shipments and fulfillment data from a single location. Real-time data for tracking and visibility helps businesses make decisions and respond to disruptions. This market also includes route optimization tech, which uses AI to calculate the most efficient route for maximizing the number of …

Locus named as Leader among 11 other companies, including Bringg, Deliverr, and LogiNext Solutions.

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Locus's Products & Differentiation

See Locus's products and how their products differentiate from alternatives and competitors

  • Locus DispatchIQ™

    Locus DispatchIQ™ sits on top of a conventional supply chain solution to supercharge operations by bringing in dynamic delivery planning, leveraging the powers of artificial intelligence and machine learning across each step of the process. DispatchIQ™ is an end-to-end intelligence solution that powers real-world decision-making right from cleansing addresses, maintaining master data, generating and editing routes, and dispatching the fleet on-ground.

    Differentiation

    Considering over 180 business constraints, DispatchIQ excels at complex decision-making. We support heterogenous fleet optimization, which is true differentiator. 

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    Differentiation

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    Differentiation

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

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    Differentiation

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Research containing Locus

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Locus in 4 CB Insights research briefs, most recently on Jun 1, 2022.

Expert Collections containing Locus

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

Locus is included in 2 Expert Collections, including Supply Chain & Logistics Tech.

S

Supply Chain & Logistics Tech

4,660 items

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

D

Digitization & Automation In Manufacturing

57 items

Software that helps operators predict maintenance events, downtime, and energy usage.

Locus Patents

Locus has filed 80 patents.

The 3 most popular patent topics include:

  • Microbiology
  • Petroleum production
  • Biotechnology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/19/2018

5/10/2022

Aquaculture, Nutrition, Agriculture, Yeasts, Biotechnology

Grant

Application Date

7/19/2018

Grant Date

5/10/2022

Title

Related Topics

Aquaculture, Nutrition, Agriculture, Yeasts, Biotechnology

Status

Grant

Latest Locus News

LocoNav, Locus Team up to Automate Supply Chains

Apr 6, 2022

Fleet technology company LocoNav has launched a partnership with Locus to provide automation for supply chain operations, the companies announced Wednesday (April 6). Based in India, Locus uses machine learning, deep tech and proprietary algorithms to deal with complicated last-mile issues. According to the press release, these issues can range from inefficiencies like traffic delays, accidents or thefts to excessive fuel consumption due to idling or speeding — all of which can negatively impact a delivery business. Meanwhile, LocoNav, also based in India, offers numerous fleet management solutions, including track and trace, fuel monitoring, onboard diagnostics, rich analytics and customized reports, which the company said can help Locus optimize multiple vehicle operations. In addition, the companies say end-to-end visibility will give Locus customers the chance to improve operational efficiency, reduce costs and streamline the customer experience. “Collaboration is the first step to growth and we couldn’t have asked for a better partner than Locus to solve for complex supply chain challenges,” said LocoNav co-founders Shridhar Gupta and Vidit Jain. “This partnership will help us unlock great value for the entire ecosystem, supporting us in our mission to democratize fleet tech.” LocoNav also raised $37 million last year in a Series B round, which saw participation from Sequoia Capital India, Anthemis Group and Quiet Capital. PYMNTS explored some of the last-mile challenges facing delivery companies last month in an interview with Andrew Travis, chief operating officer at Onfleet. While many companies still plot routes with Google maps — or good old-fashioned paper and pencils — others have embraced route optimization platforms that use modern geospatial data and machine learning. “A proper optimization engine can consider more constraints more quickly and more accurately than any human can and really speed up that process as well,” Travis said. “What takes a route optimization engine 30 minutes might take a team of people a year to actually pull off.” ——————————

Locus Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Locus Rank

  • When was Locus founded?

    Locus was founded in 2015.

  • Where is Locus's headquarters?

    Locus's headquarters is located at 691 S Silverside Rd, Wilmington.

  • What is Locus's latest funding round?

    Locus's latest funding round is Series C.

  • How much did Locus raise?

    Locus raised a total of $79M.

  • Who are the investors of Locus?

    Investors of Locus include Tiger Global Management, Alpha Wave Global, GIC, Kunal Shah, Deb Deep Sengupta and 19 more.

  • Who are Locus's competitors?

    Competitors of Locus include Onfleet, OptimoRoute, Shipsy, Optiyol Decision Analytics, Xpressbees, Dista, SimpliRoute, Fleetroot, Urbantz, Wise Systems and 20 more.

  • What products does Locus offer?

    Locus's products include Locus DispatchIQ™ and 4 more.

  • Who are Locus's customers?

    Customers of Locus include BigBasket, Bukalapak, Tata Starquik and BlueDart.

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