LORI SYSTEMS
Lori is a venture-backed start-up building the cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US). Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has pushed significantly improved fle... xibility, reliability, and cost savings (savings upwards of 18%). The company has experienced 30% month-over-month compounded growth since product launch in May 2017. The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won Techcrunch Battlefield Africa.
LORI SYSTEMS
Industry:
Freight Service Logistics Transportation
Founded:
2016-01-01
Address:
Nairobi, Nairobi Area, Kenya
Country:
Kenya
Website Url:
http://www.lorisystems.com
Total Employee:
101+
Status:
Active
Contact:
+254 797735004
Total Funding:
38.23 M USD
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible Google Font API Google Analytics Apple Mobile Web Clips Icon Google Tag Manager Content Delivery Network Global Site Tag Mobile Non Scaleable Content Nginx
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Current Advisors List
Advisor
2017-10-01
Current Employees Featured
Josh Sandler CEO and Co-Founder @ Lori Systems
CEO and Co-Founder
2016-05-01
Jean-Claude Homawoo Co-founder & Chief Product Officer @ Lori Systems
Co-founder & Chief Product Officer
2017-12-01
Uche Ogboi COO @ Lori Systems
COO
Ernest Gichini Ngaruiya Co-Founder @ Lori Systems
Co-Founder
2017-01-01
Lynn Adhiambo Data Entry Specialist @ Lori Systems
Data Entry Specialist
2019-01-01
Founder
Investors List
Google investment in Series B - Lori Systems
Newtown Partners
Newtown Partners investment in Corporate Round - Lori Systems
Bossanova Investimentos
Bossanova Investimentos investment in Series A - Lori Systems
Crystal Stream Capital
Crystal Stream Capital investment in Series A - Lori Systems
Iyinoluwa Aboyeji
Iyinoluwa Aboyeji investment in Series A - Lori Systems
Endeavor Catalyst
Endeavor Catalyst investment in Series A - Lori Systems
Ryan Petersen
Ryan Petersen investment in Series A - Lori Systems
Raba
Raba investment in Series A - Lori Systems
Apoletto Managers
Apoletto Managers investment in Series A - Lori Systems
Hillhouse Capital Group
Hillhouse Capital Group investment in Series A - Lori Systems
Newest Events participated
Official Site Inspections
http://www.lorisystems.com Semrush global rank: 7.29 M Semrush visits lastest month: 537
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