Lori Systems

Lori is a venture-backed start-up building cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US).

Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has pushed for significantly improved flexibility, reliability, and cost savings (savings of upwards of 18%).

The company has experienced 30% month-over-month compounded growth since its product launch in May 2017. The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won Techcrunch Battlefield Africa.

Lori Systems headquartered in Africa, operates in the Transportation, Freight Service, Logistics sector. The company focuses on Transportation and has secured $3.4B in funding across 84 round(s). With a team of 101-250 employees, Lori Systems is actively contributing to advancements in Transportation. Their latest funding round, Debt Financing - Lori Systems, raised $2.0M. Discover more about their projects, partnerships, and impact on our platform.