Lori Systems
PrivateLast Round
Series B
Aug 16, 2022
Total Funding Raised
$37.7M
Company Overview
Lori Systems is an African e-logistics company that operates a technology-driven marketplace connecting cargo owners with transporters. The platform aims to digitize and optimize haulage across the continent, thereby reducing costs, increasing truck utilization, and improving supply chain transparency. Founded in 2016 and headquartered in Nairobi, Kenya, the company provides solutions for real-time tracking, digital documentation, and automated payments. After a period of rapid growth and significant venture funding from investors including Google, Lori Systems has faced financial challenges, leading to a recent bridge funding round in April 2025 at a lower valuation. The company is now recalibrating its strategy to focus on profitability and a new financing model in partnership with banks.
Sector
Mobility, Transportation & Logistics
Verticals
Freight & Transportation, Logistics Software, Supply Chain Tracking, Route Optimization
Business Model
B2B
Customer Profile
Marketplace Commission, Services & Consulting, Data as a Service
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Lori Systems Comps
Public and private peers based on sector, stage, and business model.
Lori Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Aug 16, 2022 | ||||
| VC Round | Nov 12, 2020 | ||||
| Debt | Aug 19, 2020 | ||||
| Series A | Nov 8, 2019 | ||||
| Seed | Jan 4, 2018 | ||||
Grant | Oct 11, 2017 |
Lori Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Crystal Stream Capital | Series A |
| Endeavor Catalyst | Series A |
| LocalGlobe | Series A |
| Timon Capital | Series A |
| Hillhouse Investment | Series A |
| Newtown Partners | VC Round |
| Flourish Ventures | Series A |
Lori Systems Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Lori Systems's valuation, stock price, and market status.
