When was TheLorry founded?

TheLorry was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is TheLorry located?

TheLorry is headquartered in Puchong, Malaysia.

Which legal entities is TheLorry associated with?

TheLorry is associated with The Lorry Online Sdn. Bhd..

How many employees does TheLorry have?

As of Aug 31, 2026, the latest employee count at TheLorry is 93.

Is TheLorry a funded company?

TheLorry is a funded company, having raised a total of $11.4M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 2015.

When was the latest funding round of TheLorry?

TheLorry's latest funding was a $***** Series B round on Mar 01, 2023, with participation from 0 investor.

What is the annual revenue of TheLorry?

Annual revenue of TheLorry is between $10M and $50M as on Dec 31, 2023

Where does TheLorry rank among its competitors?

TheLorry ranks 1st amongst 13 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was TheLorry, which secured $923K in Mar, 2023.

Who are the top competitors of TheLorry?

TheLorry's top competitors include load2go, SF Techlogis and Aespada. Among them, TheLorry secured the most recent funding round in March, 2023.

TheLorry - 2026 Company Profile, Team, Funding, Competitors & Financials

TheLorry is a series B company based in Puchong (Malaysia), founded in 2014 by Nadhir Ashafiq. It operates as an Online platform for booking lorry rentals and cargo transportation services. TheLorry has raised $11.4M in funding from investors like KK Fund, FirstFloor Capital and Inspire, with a current valuation of $*****. The company has 13 active competitors, including 2 that are funded. Its top competitors include companies like load2go, SF Techlogis and Aespada.

Company Details

TheLorry is an online platform for booking lorry rentals and cargo transportation services. It allows users to book services such as lorry and van cargo transport, house and office moving, furniture disposal and cross-border cargo transport. They can choose the vehicle type, enter shipping details, receive quotes, book drivers, movers and packaging services, get bookings matched with relevant services, and make payments online or in person.

Website: thelorry.com/my
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Key Metrics

Founded Year

2014

Location

Puchong, Malaysia

Stage

Series B

Total Funding

$11.4M in 7 rounds

Latest Funding Round

Series B, Mar 01, 2023, $*****

Investors

KK Fund & 21 more

Ranked

1^st among 13 active competitors

Annual Revenue

$10M - $50M as on Dec 31, 2023

Employee Count

93 as on Aug 31, 2026

Similar Companies

Porter & 1078 more

View TheLorry's full profile

TheLorry is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
The Lorry Online Sdn. Bhd. CIN: 201401036967 , Malaysia, Active	Dec 31, 2013	$10M - $50M (As on Dec 31, 2023)	-	-

TheLorry has raised a total funding of $11.4M over 7 rounds. Its first funding round was on Feb 2015. TheLorry has 17 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of TheLorry:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 01, 2023	6883805	Series B	2770462	8349945	2058364	4010222
Nov 18, 2020	7745032	Series B	8184929	4084899	5209873	5557604
Mar 15, 2019	6212827	Series B	9406716	6393177	FirstFloor Capital	CSV & 4 more

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View details of TheLorry's funding rounds and investors

The founders of TheLorry is Nadhir Ashafiq.

Here are the details of TheLorry's key team members:

Nadhir Ashafiq: Co-Founder & CEO of TheLorry. They serve on the board of 1 company.

TheLorry's Board of Directors

TheLorry's board has 2 active members. Nadhir Ashafiq is part of team and Yin Fang is independent board member.

Here is the list of TheLorry's board of directors:

Name	Type	Representing	Status	Duration
Nadhir Ashafiq	Team	-	Current	-
Yin Fang	Independent board member	-	Current	-

View details of TheLorry's Founder profiles and Board Members

TheLorry's employee count trend

TheLorry has 93 employees as of Aug 26. Here is TheLorry's employee count trend over the years:

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Top competitors of TheLorry include load2go, SF Techlogis and Aespada. Here is the list of Top 10 competitors of TheLorry, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	TheLorry 2014, Puchong (Malaysia), Series B	Online platform for booking lorry rentals and cargo transportation services	$11.4M	Inspire, CSV & 20 others	47/100
2nd	load2go 2017, Petaling Jaya (Malaysia), Seed	App-based marketplace for freight transportation	$61.8K	ScaleUp Malaysia, Quest Ventures	29/100
3rd	SF Techlogis 2017, Johor Bahru (Malaysia), Unfunded	App-based platform for booking trucking services	-	-	29/100
4th	Aespada 2018, Singapore (Singapore), Unfunded	Digitalization of material logistics & workers for construction sites	-	-	28/100
5th	Fracht 2009, Riga (Latvia), Unfunded	Provides software for managing automotive transport	-	-	27/100
6th	Spots 2019, Kulim (Malaysia), Unfunded	Online marketplace connecting shippers and carriers	-	-	25/100
7th	Grab Haulier 2017, Shah Alam (Malaysia), Unfunded	Cloud-based marketplace for haulage services	-	-	25/100
8th	Snaptruck 2018, Kuala Lumpur (Malaysia), Unfunded	Online SaaS-based platform for booking trucking services	-	-	24/100
9th	FGVDelivery Kuala Lumpur (Malaysia), Unfunded	Offers a courier service app	-	-	24/100
10th	Car Delivery Network 2008, Thame (United Kingdom), Unfunded	Provider of a cloud-based car delivery management app	-	-	24/100

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Founders own 34.14%, Funds (largest shareholder) own 54.49%, Enterprises own 8.76% and Angels own 2.62%. The net worth of TheLorry's founders is INR 41.4M as of Nov 18, 2020.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	34.14%	41.4M	7978869	9948381	2575099	8154905
Nadhir Ashafiq	5748801	2767561	7820419	4500046	3616954	3193293
Fund	54.49%	66.1M	4658617	3907965	6359593	7578546
FirstFloor Capital	8097197	8322590	9147357	4254652	1266811	3106238
Inspire	8845033	5478394	7461408	8099541	8698379	6215959
SPH Ventures	5090532	1600292	9101858	3832889	4551759	9319484
Mavcap	435983	807629	378574	699420	112333	490658
Elixir Capital	4655	5102	4061	6564	3510	4710
CSV	455	143	425	347	867	914
Enterprise	8.76%	10.6M	6621986	5600471	7196071	8202355
Angel	2.62%	3.18M	48	46	78	72
Total	100.00%	12.1Cr	5367406	7892461	2330442	7352918