Locad - About the company
Locad is a series A company based in Singapore (Singapore), founded in 2020 by Constantin Robertz, Jannis Dargel and Shrey Jain. It operates as an Offers cloud-based on-demand e-commerce fulfillment solutions. Locad has raised $32.8M in funding from investors like Reefknot Investments, Surge and Global Ventures. The company has 5 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like NextBillion Maps, Cabroz and GOGOX.
Company Details
Offers cloud-based on-demand e-commerce fulfillment solutions. The platform allows retailers to connect their stores through a sales channel platform. The order gets shipped from the nearest fulfillment center. The solution has features like on-demand warehousing, last-mile carrier integration, real-time analytics, and many more.
- Website
- www.golocad.com/
Key Metrics
Founded Year
2020
Location
Singapore, Singapore
Stage
Series A
Total Funding
$32.8M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 5 active competitors
Annual Revenue
SGD 1M - 10M as on Dec 31, 2022
Employee Count
146 as on Aug 31, 2026
Legal entities associated with Locad
Locad is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOGISTECH SOLUTIONS PTE. LTD CIN: 202018787W , Singapore, Active | Dec 31, 2019 | SGD 1M - 10M (As on Dec 31, 2022) | - |
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Locad's funding and investors
Locad has raised a total funding of $32.8M over 5 rounds. Its first funding round was on Feb 04, 2021. Its latest funding round was a Series A round on Nov 20, 2024 for $*****. 6 investors participated in its latest round. Locad has 24 institutional investors and 16 angel investors.
Here is the list of recent funding rounds of Locad:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 20, 2024 | 1351312 | Series A | 1863437 | 9141369 | 8583594 | 5438613 |
Jan 16, 2023 | 4417097 | Series A | 2904014 | 4585863 | 2137796 | |
Aug 10, 2022 | 6427096 | Series A | 8516520 | 3167572 | 4220536 |
View details of Locad's funding rounds and investors
Locad's founders and board of directors
Founder? Claim ProfileThe founders of Locad are Constantin Robertz, Jannis Dargel and Shrey Jain. Constantin Robertz is the CEO of Locad.
Here are the details of Locad's key team members:
- Constantin Robertz: Co-Founder & CEO of Locad and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
- Jannis Dargel: Co-Founder & COO of Locad. They are also an angel investor in 1 startup and serve on the board of 1 company.
- Shrey Jain: Co-Founder & CTO of Locad. They serve on the board of 1 company.Contact Info: 1 email address
Locad's Board of Directors
Locad's board has 4 active members. Constantin Robertz, Jannis Dargel and Shrey Jain are part of team and Oh Jing Hui Crystal Tiffany is independent board member.Here is the list of Locad's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 2m | |
Team | - | Current | 5y 11m | |
Team | - | Current | 5y 11m | |
Independent board member | - | Current | 2y 4m | |
lyavzhc | Independent board member | - | Past | 2y 3m |
ulvxxhp | Independent board member | - | Past | 9y 6m |
tzyivvq | Independent board member | - | Past | 1y 1m |
View details of Locad's Founder profiles and Board Members
Locad's employee count trend
Locad has 146 employees as of Aug 26. Here is Locad's employee count trend over the years:
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Locad's Competitors and alternates
Top competitors of Locad include NextBillion Maps, Cabroz and GOGOX. Here is the list of Top 10 competitors of Locad, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Offers cloud-based on-demand e-commerce fulfillment solutions | $32.8M | 57/100 | ||
2nd | NextBillion Maps 2020, Singapore (Singapore), Unfunded | Provider of AI-powered intelligent geospatial solutions | - | - | 33/100 |
3rd | End-to-end logistics services for e-tailers | - | - | 24/100 | |
4th | Offers a platform providing end-to-end delivery services through an asset-light model | - | - | 22/100 | |
5th | Offers an app providing parcel pooling services through ships | - | - | 14/100 |
Looking for more details on Locad's competitors? Click here to see the top ones
Locad's Investments and acquisitions
Locad has made no investments or acquisitions yet.
Reports related to Locad
Here is the latest report on Locad's sector:
News related to Locad
•
Locad Bags $9 Mn To Expand Its Omnichannel Play For Ecommerce Brandshtsyndication.com•Nov 20, 2024•Sumitomo, Locad, Antler, FEBE Ventures and 11 others
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Logistics startup gets $11mln funding: PhillipinesZawya•Jan 30, 2023•Reefknot Investments, Locad, Access Ventures, JG Summit Holdings and 4 others
•
Ex-Zalora, Grab execs’ logistics firm bags $11m in series A moneyTech in Asia•Jan 16, 2023•Locad, Reefknot Investments, Sequoia Capital, Surge and 13 others
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Logistics and supply-chain management startup Locad raises $7.89m in Series A roundShareandstocks•Aug 10, 2022•Locad, FEBE Ventures, Reefknot Investments
•
Sequoia-backed Locad to launch logistics aggregator platformTech in Asia•Dec 02, 2021•Locad, Armstrong & Associates
•
E-commerce logistics startup Locad gets $4.9M seed round led by Sequoia Capital India’s SurgeTechCrunch+•Jul 05, 2021•Locad
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E-commerce logistics startup Locad gets $4.9M seed round led by Sequoia Capital India’s SurgeTechCrunch+•Jul 05, 2021•Locad
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