Logistics

$6.5M to jumpstart Jumppoint's SEA expansion

January 13, 2023
Jumppoint

Meet Jumppoint! This Hong Kong-based logistics startup just raised a $6.5M Series A led by MindWorks Capital. Now, they're ready to accelerate their growth in SEA!

  • Founded in 2020, they're set to hit profitability in Q3 this year.
  • They've served over 10,000 merchants.
  • They handle 200,000+ orders per month and manage an estimated 400,000 square feet of warehouse space.

Investor check. Headline Asia, Chinachem Group and the Innovation and Technology Venture Fund of the Hong Kong SAR Government also joined in!

  • 👼🏻: Philip Kuai (Founder, Dada Nexus)

📦 How it works

They're a one-stop logistics startup with everything you need, whether it's deliveries, warehousing or freight solutions. Just place an order on their app!

Any kind of delivery. They have domestic deliveries (same-day and standard shipping), cold-chain deliveries, warehousing, fulfillment, self-pickup and cross-border logistics services across Hong Kong and SEA.

Any size of seller or company. You could be an online seller, online store, e-commerce marketplace, cross-border seller, third-party logistics company or even a larger enterprise! And they'll still have what you need.

  • They even offer supply chain solutions like international freight forwarding, fulfillment services and local warehouse pickup/delivery.

Anywhere. They deliver to 125+ countries and regions — hassle-free. It's all got real-time tracking too, so you'll never worry.

  • For international deliveries, they'll handle everything from pickup and customs clearances to last-mile delivery.
  • For international freight, they can even do warehouse pickups, containerization, and more.
  • They support air, sea and road transport.

💻 It's in the tech too

Their tech can optimize delivery routes and predict customer demand, helping them increase efficiency, save up to 70% of logistics costs and stay time-efficient.

  • They've also built their own in-house features that set them apart from competitors!

🔥 What's next

The new $$$ will let them grow the team and level up their platform. They'll also be strengthening their operations and expanding their services in Thailand, Singapore and Malaysia through a roll-up strategy.

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