About iGPS Logistics
iGPS Logistics is a company based in Orlando (United States) founded in 2006 was acquired by Balmoral Funds in June 2013. It operates as a Product-as-a-Service. iGPS Logistics has raised $60 million across 3 funding rounds from investors including One Equity Partners, Quilvest Private Equity and Balmoral Funds. The company has 142 employees as of December 31, 2020. iGPS Logistics offers products and services including Plastic Pallet Pooling and Track and Trace Technology.
- Headquarter Orlando, United States
- Employees 142 as on 31 Dec, 2020
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Igps Logistics, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 3 rounds
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Latest Funding Round
$90 M (USD), Debt – Conventional
Nov 15, 2019
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Investors
One Equity Partners
& 2 more
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Employee Count
142
as on Dec 31, 2020
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Acquired by
Balmoral Funds
(Jun 04, 2013)
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Products & Services of iGPS Logistics
iGPS Logistics offers a comprehensive portfolio of products and services, including Plastic Pallet Pooling and Track and Trace Technology. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Plastic pallets are rented for sustainable shipping solutions.
RFID technology is used for pallet tracking efficiency.
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Funding Insights of iGPS Logistics
iGPS Logistics has successfully raised a total of $60M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $90 million completed in November 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Debt – Conventional — $90.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Debt – Conventional - iGPS Logistics | Valuation |
investors |
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| Apr, 2009 | Amount | Series C - iGPS Logistics | Valuation |
investors |
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| Apr, 2007 | Amount | Private Equity Round - iGPS Logistics | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in iGPS Logistics
iGPS Logistics has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include One Equity Partners, Quilvest Private Equity and Balmoral Funds. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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PE firm backed by quilvest group
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Founded Year | Domain | Location | |
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Private equity investments are made in North America and Europe.
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Founded Year | Domain | Location | |
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US private equity investments are managed by Balmoral Funds.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by iGPS Logistics
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - iGPS Logistics
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Igps Logistics Comparisons
Competitors of iGPS Logistics
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about iGPS Logistics
When was iGPS Logistics founded?
iGPS Logistics was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is iGPS Logistics located?
iGPS Logistics is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Is iGPS Logistics a funded company?
iGPS Logistics is a funded company, having raised a total of $60M across 3 funding rounds to date.
How many employees does iGPS Logistics have?
As of Dec 31, 2020, the latest employee count at iGPS Logistics is 142.
What does iGPS Logistics do?
iGPS Logistics is engaged in offering an innovative plastic pallet pooling system across North America. The company serves various industries including food, beverage, pharmaceutical, and health sectors. Solutions provided include lightweight, recyclable plastic pallets that reduce transport costs and carbon emissions. Emphasis is placed on improving supply chain efficiency through RFID tracking technology and automation compatibility. The pallets are designed for durability, safety, and hygiene, supporting a sustainable logistics framework.
What products or services does iGPS Logistics offer?
iGPS Logistics offers Plastic Pallet Pooling and Track and Trace Technology.
Who are iGPS Logistics's investors?
iGPS Logistics has 3 investors. Key investors include One Equity Partners, Quilvest Private Equity, and Balmoral Funds.