About Logistify
Logistify is a company based in Nairobi (Kenya) founded in 2019 by Tobias Tukei and Daniel Emaasit.. Logistify offers products and services including Sales Order Agent, Procurement Agent, Inventory Agent, and Demand Forecasting Agent. Logistify operates in a competitive market with competitors including AntsRoute, RYTLE, Fleetroot, Driver Lens and Deliforce, among others.
- Headquarter Nairobi, Kenya
- Founders Tobias Tukei, Daniel Emaasit
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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 Logistify Ai, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Logistify
Logistify offers a comprehensive portfolio of products and services, including Sales Order Agent, Procurement Agent, Inventory Agent, and Demand Forecasting Agent. 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.
Automates sales order entry from various sources into ERP.
Handles purchase orders and bill processing efficiently.
Verifies inventory using AI and computer vision technology.
Predicts demand using external data for better planning.
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Funding Insights of Logistify
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2024 | Amount | Seed - Logistify | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Logistify
Logistify has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Launch Africa. 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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Venture capital fund focused on tech companies
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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Logistify
| 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 - Logistify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Logistify Comparisons
Competitors of Logistify
Logistify 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 AntsRoute, RYTLE, Fleetroot, Driver Lens and Deliforce, 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 |
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| domain | founded_year | HQ Location |
Cloud-based solutions for last-mile delivery management are provided.
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| domain | founded_year | HQ Location |
End-to-end software and hardware for last-mile delivery management are provided.
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| domain | founded_year | HQ Location |
IoT-powered SaaS solutions for logistics and transport operations are offered.
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| domain | founded_year | HQ Location |
A cloud-based app for managing last-mile delivery operations.
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| domain | founded_year | HQ Location |
AI-powered platform for fleet management, real-time tracking, and route optimization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Logistify
When was Logistify founded?
Logistify was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Where is Logistify located?
Logistify is headquartered in Nairobi, Kenya.
Who is the current CEO of Logistify?
Daniel Emaasit is the current CEO of Logistify. They have also founded this company.
What does Logistify do?
Logistify was founded in 2019 in Nairobi, Kenya, within the logistics sector. An online booking platform is operated to facilitate access to on-demand storage spaces. Partnerships with warehouse owners are maintained to connect them with shippers seeking storage solutions. A mobile application is provided for Android and iOS users to handle bookings and interactions. Operations focus on streamlining storage logistics in the region.
Who are the top competitors of Logistify?
What products or services does Logistify offer?
Logistify offers Sales Order Agent, Procurement Agent, Inventory Agent, and Demand Forecasting Agent.
Who are Logistify's investors?
Logistify has 1 investor. Key investors include Launch Africa.