The Base
OVERVIEW
  • Founding Year
  • 2016
  • Industry
  • Logistics
  • Segment
  • Freight
  • Operating Status
  • Active
Social Links
ABOUT

Lori Systems is a freight management platform and a marketplace that connects transporters & shippers. Through its proprietary software, the company also handles invoicing, payment and tracking and hence optimizes truck utilization to bring down costs and time invloved in moving cargo It works with fleets in Rwanda, Uganda, South Sudan, apart from Kenya. The company claims of 30% month-over-month compounded growth since May 2017.

Lori Systems IN NEWS

Funding Rounds: 3Total Funding: $30.00 M
Month/Year Amount Round Type Investors Lead Investor
November 2019 $30 M Series A Chinese Investors, Hillhouse Capital, Crystal Stream Capital, EchoVC Partners
January 2018 Undisclosed Seed FJ Labs
June 2017 Undisclosed Seed Larix VC

Funding History graph

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Name Designation Social Links  
Josh Sandler Founder & CEO
Jean-Claude Homawoo Co-Founder & CPO
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Company Name Date Amount Stake Source
No acquisition found related to Lori Systems
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