About Locad
Locad is a company based in Singapore (Singapore) founded in 2020 by Jannis Dargel, Shrey Jain, and Constantin Robertz. Locad has raised $32.79 million across 5 funding rounds from investors including Rocket Internet, Peak XV Partners and JG Summit Holdings. Locad offers products and services including Fulfillment Services, Warehousing, Shipping, Cross-border Services, and Locad Capital. Locad operates in a competitive market with competitors including Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.
- Headquarter Singapore, Singapore
- Founders Jannis Dargel, Shrey Jain, Constantin Robertz
- SectorsTransportation, Automotive & Logistics
- Website category Business and Consumer Services · Business Services
- Website golocad.com
- Social LinkedIn Facebook Instagram
- Legal Name Logistech Solutions Pte. Ltd
- Annual Revenue$3.21 M (USD)195as on Dec 31, 2022
- Net Profit-$4.61 M (USD)-163as on Dec 31, 2022
- EBITDA-$4.54 M (USD)-159as on Dec 31, 2022
- Total Equity Funding$32.79M (USD)
in 5 rounds
- Latest Funding Round$9M (USD), Series A
Nov 2024
- InvestorsRocket Internet
& 30 more
Products & Services of Locad
Locad offers a comprehensive portfolio of products and services, including Fulfillment Services, Warehousing, Shipping, Cross-border Services, and Locad Capital.
Manages end-to-end order fulfillment for e-commerce brands.
Provides secure inventory storage and management solutions.
Handles multi-carrier shipping and rate optimization.
Facilitates global shipping and import-export processes.
Offers funding options for e-commerce growth initiatives.
Funding Insights of Locad
Locad has successfully raised a total of $32.79M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in November 2024. 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 $32.79M
- Total Rounds 5
- Last Round Series A — $9M
- Investors Count 31
All 5 funding rounds of Locad with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $9M | Series A | – | Global Ventures, Reefknot Investments | |
| Jan 2023 | $11M | Series A | – | Reefknot Investments | |
| Aug 2022 | $7.89M | Series A | – | – | |
| Jul 2021 | $4.9M | Seed | – | Surge | |
| Feb 2021 | – | Seed | – | – |
31 investors in total: 16 institutional and 15 angel.
Investors in Locad
Locad has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Rocket Internet, Peak XV Partners and JG Summit Holdings.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are directed toward growth-stage tech firms in emerging markets. | – | global.vc | Dubai, United Arab Emirates | |
High-growth technology startups in supply chain are supported. | – | reefknotinvestments.com | Singapore, Singapore | |
Private equity investments across Asia are handled by Sumitomo. | – | scequity.com.hk | Hong Kong, China | |
Early-stage investing and founder support services are offered globally by Antler. | 2018 | antler.co | - | |
Early-stage investments in tech startups are managed by the fund. | – | febe.vc | Singapore, Singapore | |
Acceleration is provided to startups across multiple sectors by Surge. | – | surgeahead.com | - | |
Access Ventures is focused on impact investing for societal change. | – | accessventures.org | Louisville, United States | |
Venture debt is provided globally across multiple sectors. | 1980 | westerntech.com | Portola Valley, United States | |
Investments are directed toward tech startups in various sectors. | – | jgdev.ph | Pasig, Philippines | |
- | – | foxmontcapital.com | - |
Investor details for Locad
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Locad
3 people are tracked at Locad (3 in leadership).
| Name | Role | Group |
|---|---|---|
Jannis Dargel | Co-Founder | Leadership |
Shrey Jain | Co-Founder | Leadership |
Constantin Robertz | Co-Founder & CEO | Leadership |
Complete people profiles for Locad
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Locad
3 dated milestones of Locad across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Locad is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $9.0M.
Competitors of Locad
Locad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Shiprocket, Shippo, Sorted, ShipBob and Deliverr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| shiprocket.in | 2012 | Gurugram, India | $344.42M | 2,607 | E-commerce tools for shipping, marketing, and financial services are provided. | |
| goshippo.com | 2013 | San Francisco, United States | $154M | 127 | Web-based shipping solutions are provided for e-commerce businesses. | |
| sorted.com | 2010 | Manchester, United Kingdom | $104.55M | 92 | E-commerce shipping operations are managed via SaaS platform. | |
| shipbob.com | 2014 | Chicago, United States | $332.7M | 1,338 | E-commerce fulfillment solutions are provided for direct-to-consumer brands. | |
| deliverr.com | 2017 | San Francisco, United States | $490M | 336 | Tech-enabled fulfillment services are provided to e-commerce businesses. | |
| brightpearl.com | 2007 | Bristol, United Kingdom | $87.98M | 80 | SaaS-based omnichannel retail management software is provided for retailers. | |
| biltapp.com | 2014 | Grapevine, United States | $32.1M | – | Developer of an app providing 3D assembly instructions for consumer goods | |
| pickrr.com | 2015 | Gurugram, India | $16.36M | – | AI-based logistics solutions are provided for shipping and tracking. | |
| inriver.com | 2007 | Malmo, Sweden | $57.44M | – | Cloud-based PIM tools are provided for online product management. | |
| akeneo.com | 2013 | Nantes, France | $196.77M | – | Open-source product information management solutions are provided for businesses. |
Detailed competitors of Locad
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Locad
The website of Locad (golocad.com) receives about 88.6K visits a month and ranks #280,449 among all websites worldwide, #8,025 in Business Services.
- Monthly visits88.6K
▼ 22.7% vs previous month
- Unique visitors35.5K
per month
- Global rank#280,449
among all websites
- Category rank#8,025
Business and Consumer Services · Business Services
- Bounce rate34%
- Pages per visit4.2
- Average visit4 min 50 sec
- DevicesDesktop 52% · Mobile 48%
Websites whose visitors overlap most with Locad. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| anchanto.com | 100% | 139.3K | #252,988 | View details | |
| skutopia.com | 97% | – | #1,658,502 | View details | |
| boxitstorage.com | 96% | 1.2K | #13,341,150 | View details | |
logisticsbureau.com | logisticsbureau.com | 96% | – | #716,579 | – |
| fulfillmen.com | 95% | 13K | #2,083,845 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Locad
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Locad
Complete news archive for Locad
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Locad
10 companies that operate in the same segment as Locad (Logistics Technology & Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-hailing and on-demand delivery services are aggregated via mobile app. | 2012 | Singapore, Singapore | USD 9.09 B | USD 3.37 B | 11,270 | |
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.47 B | USD 10.72 B | 23,700 | |
Food and grocery items are ordered via an online network. | 2014 | Bengaluru, Karnataka, India | USD 3.54 B | USD 2.46 B | 4,490 | |
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
Online marketplace offering multi-category grocery products | 2015 | Barcelona, Catalonia, Spain | USD 1.16 B | – | – | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
App based platform offering on demand delivery and ride-hailing services | 2010 | Jakarta, Jakarta, Indonesia | USD 4.72 B | – | – | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Wolt is operated as a delivery platform for food and groceries. | 2014 | Helsinki, Finland | USD 827.96 M | – | – |
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Frequently Asked Questions about Locad
Locad was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Locad is headquartered in Singapore, Singapore.
Constantin Robertz is the current CEO of Locad. They have also founded this company.
Locad is a funded company, having raised a total of $32.79M across 5 funding rounds to date.
Annual revenue of Locad is $3.21M as on Dec 31, 2022.
Locad was founded in 2020 in Singapore and operates in the e-commerce logistics sector. Cloud-based platforms are utilized to connect retailers stores with sales channels. Orders are routed to the nearest fulfillment centers for shipping. Services encompass on-demand warehousing, integration with last-mile carriers, and real-time analytics for operational oversight. The focus remains on efficient supply chain management across Southeast Asia.
Locad's top competitors include Shiprocket, Shippo and ShipBob.
Locad offers Fulfillment Services, Warehousing, Shipping, Cross-border Services, and Locad Capital.
Locad has 31 investors. Key investors include Rocket Internet, Peak XV Partners, JG Summit Holdings, Western Technology Investment, and Global Ventures.
Locad operates through Logistech Solutions Pte. Ltd.