Logiwa, a Chicago, IL-based provider of a cloud fulfillment platform, raised $16.4M in Series B funding.
The round was led by NewRoad Capital Partners, with participation from Valor Siren Ventures, Runway Venture Partners, and Spider Capital.
The company intends to use the funds to continue developing new AI-powered automation algorithms and advanced analytics, as well as expanding its many out-of-the-box integrations.
Led by CEO Erhan Musaoglu, Logiwa provides a cloud fulfillment software platform for high-volume direct-to-consumer brands, wholesalers, and 3PLs. The Logiwa Cloud Fulfillment Platform is an integrated WMS and order fulfillment system that makes it easy to run a digital warehouse and scale high-volume DTC fulfillment operations. The solution connects quickly with new online stores and marketplaces, makes it easy to run a digital warehouse, and is easily updated to support dynamic warehouse environments.
FinSMEs
07/07/2022