Supply Chain

Locad raises $9M Pre-Series B

November 22, 2024

Ship it all with Locad! They’re a one-stop solution for businesses of all sizes to store, pack, ship, manage, and track their products—so selling internationally is made easy.

Now, they’ve just raised a $9M Pre-Series B.

Founded in 2020, they support over 300 brands in Southeast Asia and Australia.

Customers include: Havaianas, Emma Sleep, Love, Bonito, and illy.

Investor check. Global Ventures and existing investor Reefknot Investments co-led the round.  Sumitomo Equity Ventures and other existing investors like Antler Elevate, FEBE Ventures and JG Summit also joined in!

1️⃣ One partner for it all

Your global supply chain solution. Store, pack, ship, and track all your products through their international warehouses and local partner carriers.

  • With just one partner, you can start shipping across multiple markets in APAC.
  • They’ve got on-demand, same-day, and international shipping.
  • With local partners, shipping is faster and you can even reach customers beyond just tier-1 cities—without the stress.

Software to make it simple. You’ll get to connect all your sales channels in e-commerce and retail in one place.

  • You’ll also get real-time visibility, analytics, and an AI-powered system.

🌏 Beyond APAC

They’re pushing for global growth, starting with the UAE and Saudi Arabia this Q4.

  • They’ll also double down on their AI-driven smart logistics capabilities.

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