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Lori - About the company

Lori is a series A company based in Nairobi (Kenya), founded in 2016 by Jean-Claude Homawoo, Josh Sandler and Gichini Ngaruiya. It operates as an Online marketplace platform for cargo transportation services. Lori has raised $46.9M in funding from investors like Google, Delta40 and FJ Labs, with a current valuation of $*****. The company has 24 active competitors, including 4 that are funded. Its top competitors include companies like Kobo360, AmiTruck and Ridelink.

Company Details

LORI is an online marketplace platform for cargo transportation services. It is a logistics coordination platform that networks cargo providers with carriers. It provides supply chain transparency, transporter verification, onboarding, optimizes trucking operations, accurate invoicing, real-time tracking, fuel financing, and more.
Social
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Email ID
*****@lorisystems.com
Phone Number
+254 **********
Key Metrics
Founded Year
2016
Location
Nairobi, Kenya
Stage
Series A
Total Funding
$46.9M in 9 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 21, 2025
Investors
Ranked
Employee Count
230 as on Jun 30, 2026
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Lori's funding and investors

Lori has raised a total funding of $46.9M over 9 rounds. Its first funding round was on Jan 19, 2018. Its latest funding round was a Series A round on Apr 25, 2025 for $*****. 3 investors participated in its latest round. Lori has 21 institutional investors.

Here is the list of recent funding rounds of Lori:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 25, 2025
4644187
Series A
2785010
7804376
8674971
1318744
Dec 08, 2022
4805589
Conventional Debt
2369512
6406828
9699556
7076430
Aug 16, 2022
5646956
Series A
2529673
3647261
4341492
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Lori's founders and board of directors

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The founders of Lori are Jean-Claude Homawoo, Josh Sandler and Gichini Ngaruiya. Uche Ogboi is the CEO of Lori.
Here are the details of Lori's key team members:

Lori's employee count trend

Lori has 230 employees as of Jun 26. Here is Lori's employee count trend over the years:
Employee count trend for Lori
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Lori's Competitors and alternates

Top competitors of Lori include Kobo360, AmiTruck and Ridelink. Here is the list of Top 10 competitors of Lori, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Kobo360
Kobo360
2016, Lagos (Nigeria), Series A
AI & web-based marketplace connecting cargo owners & transporters
$27.6M
54/100
2nd
Logo for Lori
Lori
2016, Nairobi (Kenya), Series A
Online marketplace platform for cargo transportation services
$46.9M
52/100
3rd
Logo for AmiTruck
AmiTruck
2018, Kiambu (Kenya), Seed
App-based marketplace for trucking services
$5M
45/100
4th
Logo for Ridelink
Ridelink
2016, Kampala (Uganda), Seed
App-based marketplace providing transportation services
$250K
36/100
5th
Logo for Senga
Senga
2016, Nairobi (Kenya), Unfunded
On-demand freight and parcel delivery services
-
-
33/100
6th
Logo for Quatrix
Quatrix
2016, Nairobi (Kenya), Unfunded
Online platform for booking cargo services
-
-
30/100
7th
Logo for Dafric Logistics
Dafric Logistics
2021, Nairobi (Kenya), Unfunded
Online marketplace for road freight transportation
-
-
29/100
8th
Logo for Delivery Metropolis
Delivery Metropolis
2020, Lagos (Nigeria), Deadpooled
App-based platform providing on-demand delivery and freight transportation services
-
-
28/100
9th
Logo for Aespada
Aespada
2018, Singapore (Singapore), Unfunded
Digitalization of material logistics & workers for construction sites
-
-
28/100
10th
Logo for Fracht
Fracht
2009, Riga (Latvia), Unfunded
Provides software for managing automotive transport
-
-
27/100
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Lori's Investments and acquisitions

Lori has made no investments or acquisitions yet.

Reports related to Lori

Here is the latest report on Lori's sector:

News related to Lori

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FAQs about Lori

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