About Locus
Locus is a company based in Milpitas (United States) founded in 2015 by Geet Garg and Nishith Rastogi was acquired by Ingka in October 2025. It operates as a SaaS (Software-as-a-Service), and API-as-a-Product. Locus has raised $82.53 million across 5 funding rounds from investors including Recruit Holdings, pi Ventures and Exfinity Venture Partners. Locus has completed 1 acquisition, including Freo Group. Locus offers products and services including Fulfillment Automation, Dispatch Planning, and Delivery Orchestration. Locus operates in a competitive market with competitors including Bringg, OnFleet, LetsTransport, Paxel and RideOS, among others.
- Headquarter Milpitas, United States
- Founders Geet Garg, Nishith Rastogi
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Mara Labs Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$82.53 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series C
May 27, 2021
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Investors
Recruit Holdings
& 25 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Ingka
(Oct 07, 2025)
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Products & Services of Locus
Locus offers a comprehensive portfolio of products and services, including Fulfillment Automation, Dispatch Planning, and Delivery Orchestration. 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.
Automation of fulfillment processes for efficient delivery operations.
Route optimization for improved delivery scheduling and performance.
Scalable solutions for managing carrier selection and efficiency.
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Funding Insights of Locus
Locus has successfully raised a total of $82.53M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in May 2021. 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 5
- Last Round Series C — $50.0M
- First Round First Round
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series C - Locus | Valuation | GIC | |
| May, 2019 | Amount | Series B - Locus | Valuation | Tiger Global Management , Alpha Wave Global | |
| Jun, 2018 | Amount | Series A - Locus | Valuation | Rocketship |
| 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 Locus
Locus has secured backing from 26 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Recruit Holdings, pi Ventures and Exfinity Venture Partners. 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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Sovereign wealth is managed and private equity investments are facilitated.
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Founded Year | Domain | Location | |
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Venture capital investing in technology sectors such as AI and automotive.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 Locus
Locus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Freo Group. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online platform for industrial equipment rental
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1974 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Locus
| 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 |
Locus Comparisons
Competitors of Locus
Locus 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 Bringg, OnFleet, LetsTransport, Paxel and RideOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud and AI-based delivery management solutions are provided.
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| domain | founded_year | HQ Location |
Cloud-based software is utilized for last-mile delivery management.
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| domain | founded_year | HQ Location |
Platform offering customised logistic solutions to enterprises
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| domain | founded_year | HQ Location |
Solutions for last-mile delivery management are provided through mobile applications.
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| domain | founded_year | HQ Location |
Technologies for self-driving vehicle transportation ecosystems are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Locus
Frequently Asked Questions about Locus
When was Locus founded?
Locus was founded in 2015.
Where is Locus located?
Locus is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Who is the current CEO of Locus?
Nishith Rastogi is the current CEO of Locus. They have also founded this company.
Is Locus a funded company?
Locus is a funded company, having raised a total of $82.53M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jul 27, 2015.
What does Locus do?
Locus is established as a provider of AI-powered logistics solutions aimed at achieving all-mile delivery excellence. The platform is designed to optimize fulfillment processes across various industries including retail, FMCGCPG, e-commerce, and manufacturing. Solutions offered by Locus include dispatch planning, delivery orchestration, and fulfillment automation, ensuring cost efficiency and enhanced customer experiences. The system is integrated with TMS, OMS, WMS, and ERP systems through an API-first approach, addressing modern logistics challenges. Operations are supported in over 30 countries, catering to diverse business use cases with a focus on scalability and sustainability.
What products or services does Locus offer?
Locus offers Fulfillment Automation, Dispatch Planning, and Delivery Orchestration.
How many acquisitions has Locus made?
Locus has made 1 acquisition, including Freo Group.
Who are Locus's investors?
Locus has 26 investors. Key investors include Recruit Holdings, pi Ventures, Exfinity Venture Partners, Qualcomm Ventures, and GIC.
What is Locus's valuation?
The valuation of Locus is $300M as of May 2021.
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