E-logistics platform revolutionizing the cargo-transport value chain in frontier markets51-200 Employees
- Growth StageExpanding market presence
Lori careers
Lori is a venture-backed, rapidly growing start-up that is building a cutting-edge, tech-driven, logistics services platform that seamlessly coordinates haulage across frontier markets. With a mission to reduce the cost of goods, Lori is tackling a massive issue - $180 billion is spent annually on haulage across Africa, and up to 75% of a product’s cost is due to logistics (compared to 6% in the US).
Lori was recognized as the fastest growing start-up in Africa and won TechCrunch Battlefield Africa. Our tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The system brings transparency to the logistics industry and has significantly improved flexibility, reliability, and cost savings (upwards of 20%). Billions of dollars of cargo move through the Lori platform annually.
Lori was recognized as the fastest growing start-up in Africa and won TechCrunch Battlefield Africa. Our tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The system brings transparency to the logistics industry and has significantly improved flexibility, reliability, and cost savings (upwards of 20%). Billions of dollars of cargo move through the Lori platform annually.
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Josh Sandler
Founder @Lori • Strong business/growth background (Barclays, Cressey, NGC) • Extensive East Africa experience • South African native • HBS/HKS MBA/MPAID
Valuation
$95.1M
Funded over
2 rounds
Latest round
Series A (Nov 2019)
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