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.
- Website
- lorisystems.com
- 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
Ranked
2nd among 24 active competitors
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:
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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 |
View details of Lori's funding rounds and investors
Lori's founders and board of directors
Founder? Claim ProfileThe 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:
- Jean-Claude Homawoo: Co-Founder of Lori.
- Josh Sandler: Co-Founder & CEO of Lori. Contact Info: 1 email address
- Gichini Ngaruiya: Co-Founder of Lori.
- Uche Ogboi: CEO of Lori.
View details of Lori's Founder profiles and Board Members
Lori's employee count trend
Lori has 230 employees as of Jun 26. Here is Lori's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI & web-based marketplace connecting cargo owners & transporters | $27.6M | 54/100 | ||
2nd | Online marketplace platform for cargo transportation services | $46.9M | 52/100 | ||
3rd | App-based marketplace for trucking services | $5M | 45/100 | ||
4th | App-based marketplace providing transportation services | $250K | 36/100 | ||
5th | On-demand freight and parcel delivery services | - | - | 33/100 | |
6th | Online platform for booking cargo services | - | - | 30/100 | |
7th | Dafric Logistics 2021, Nairobi (Kenya), Unfunded | Online marketplace for road freight transportation | - | - | 29/100 |
8th | Delivery Metropolis 2020, Lagos (Nigeria), Deadpooled | App-based platform providing on-demand delivery and freight transportation services | - | - | 28/100 |
9th | Digitalization of material logistics & workers for construction sites | - | - | 28/100 | |
10th | Provides software for managing automotive transport | - | - | 27/100 |
Looking for more details on Lori's competitors? Click here to see the top ones
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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Lori Systems Secures $2M in Bridge Funding Amid Valuation DipTechMoran•Apr 25, 2025•Lori, Delta40, Future Africa, FP Capital Advisors
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"Lori System" (3) to solve infrastructure improvement in Africa from truck transportationTHE BRIDGE•Oct 16, 2022•Lori
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Kenya’s E-Logistics Company Lori System Secures Funding from GoogleInnovation-village•Aug 17, 2022•Lori, Google
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African startups Moove, Lori partner to propel financing for African logisticsDisrupt Africa•Nov 08, 2021•Moove Africa, Lori
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Lori Systems, an African e-logistics startup, has appointed Uche Ogboi as its new CEOTechgist Africa•Jun 01, 2021•Lori
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Kenyan logistics startup Lori Systems secures funding, support from ImperialDisrupt Africa•Nov 12, 2020•Lori, Imperial Logistics
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Kenya Logitech startup Lori Systems partners with Imperial logistics in scaling operationsTech In Africa•Nov 09, 2020•Lori, Newtownpartners
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