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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
- 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.
Automation of fulfillment processes for efficient delivery operations.
Route optimization for improved delivery scheduling and performance.
Scalable solutions for managing carrier selection and efficiency.
People of Locus
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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.
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.
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Sovereign wealth is managed and private equity investments are facilitated.
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Venture capital investing in technology sectors such as AI and automotive.
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Venture and private equity investments are managed with global diversification.
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Investor details for Locus
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Investments & Acquisitions by Locus
Locus has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Freo Group.
Investment portfolio details for Locus
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online platform for industrial equipment rental
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Complete acquisition details for Locus
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Financial Statements - Locus
Detailed financials for Locus
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Locus Comparisons
Peer comparison for Locus
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud and AI-based delivery management solutions are provided.
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Cloud-based software is utilized for last-mile delivery management.
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Platform offering customised logistic solutions to enterprises
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Solutions for last-mile delivery management are provided through mobile applications.
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Technologies for self-driving vehicle transportation ecosystems are provided.
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Detailed competitors of Locus
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Latest news on Locus
Complete news archive for Locus
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Frequently Asked Questions about Locus
Locus was founded in 2015.
Locus is headquartered in Milpitas, United States. It is registered at Milpitas, California, United States.
Nishith Rastogi is the current CEO of Locus. They have also founded this company.
Locus is a funded company, having raised a total of $82.53M across 5 funding rounds to date.
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.
Locus offers Fulfillment Automation, Dispatch Planning, and Delivery Orchestration.
Locus has made 1 acquisition, including Freo Group.
Locus has 26 investors. Key investors include Recruit Holdings, pi Ventures, Exfinity Venture Partners, Qualcomm Ventures, and GIC.
The valuation of Locus is $300M as of May 2021.