Locus Secures $2.75M Series A Investment for Logistics Platform

Locus, a leading-edge technology company specializing in global logistics and supply chain solutions, has announced it has successfully raised $2,750,000 in its latest funding round. This capital infusion will support the company's ongoing efforts to enhance its innovative platform and expand its market reach. The company's core offering is an order-to-delivery dispatch management platform. This system is designed to help enterprises transform their logistics operations into growth centers by leveraging advanced optimization algorithms and intuitive workflow automation. Locus aims to equip businesses with the tools needed to maximize efficiency, improve operational performance, and enhance customer satisfaction across their supply chains. Founded in 2015, Locus is backed by prominent investors including GIC Singapore, Qualcomm Ventures, Tiger Global, and Falcon Edge. The company has a proven track record, having helped a wide range of global customers, such as Unilever, Nestle, and The Tata Group, execute over 1 billion deliveries across 30 countries in North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian subcontinent. Its technology has reportedly saved over $280 million in transit costs and offset 70 million kilograms in CO2 emissions, while maintaining a 99.5% SLA adherence ratio. Locus plans to use the newly secured funds to further accelerate its growth initiatives, including investment in product innovation and strategic expansion into new markets. This investment underscores the continued confidence in Locus's technology and its vision for revolutionizing the global logistics landscape. The company remains committed to advancing its solutions to address the evolving complexities of supply chain management worldwide.