Lorryz

Dubai, United Arab Emirates Founded: 2017 • Age: 9 yrs
Online marketplace for booking transport services
Annual revenue - Latest available
Total funding $1.4M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Lorryz

Lorryz is a company based in Dubai (United Arab Emirates) founded in 2017 by Adnan Ahmad. Lorryz has raised $1.4 million across 3 funding rounds from investors including Orbit Startups, SOSV and Emirates Investment & Development Center. Lorryz offers products and services including Instant Rates, Live Tracking, and Dashboard. Lorryz operates in a competitive market with competitors including Rivigo, Trucksters, Unishippers, Bot Auto and Yimidida, among others.

  • Headquarter Dubai, United Arab Emirates
  • Founders Adnan Ahmad
  • Sectors
    Transportation, Automotive & Logistics
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Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
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  • Net Profit
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  • EBITDA
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  • Total Equity Funding
    $1.4 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of Lorryz

Lorryz offers a comprehensive portfolio of products and services, including Instant Rates, Live Tracking, and Dashboard.

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Provides competitive shipping rates based on shipment details.

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Offers real-time cargo location and delay alerts.

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Primary

Central interface for viewing shipments and performance metrics.

Funding Insights of Lorryz

Lorryz has successfully raised a total of $1.4M across 3 strategic funding rounds. 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 Lorryz

Lorryz has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Orbit Startups, SOSV and Emirates Investment & Development Center.

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Venture Fund
Investor Description Founded Year Domain Location
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Venture capital and accelerator services are provided across multiple sectors.
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Investor details for Lorryz

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Lorryz

Investments
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Investment portfolio details for Lorryz

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  • Transaction dates
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Financial Statements - Lorryz

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Detailed financials for Lorryz

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Lorryz Comparisons

Lorryz Primary company
Description
Online marketplace for booking transport services
Location
Dubai, United Arab Emirates
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Lorryz

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Lorryz

Lorryz 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 Rivigo, Trucksters, Unishippers, Bot Auto and Yimidida, among others.

Company Name Domain Founded year HQ Location Description
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Online platform offering B2B logistics and trucking services
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Long-haul truck services are delivered via an AI-driven relay system.
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Online booking platform for package and freight transportation
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Autonomous on-demand trucking services for freight transport are offered.
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Crowd-sourced e-commerce deliveries are facilitated through an online platform.
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Road haulage cargo is booked via app and web platform.
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Detailed competitors of Lorryz

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Latest news on Lorryz

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Complete news archive for Lorryz

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Frequently Asked Questions about Lorryz

Lorryz was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Lorryz is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Adnan Ahmad is the current CEO of Lorryz. They have also founded this company.

Lorryz is a funded company, having raised a total of $1.4M across 3 funding rounds to date.

Lorryz was established in 2017 in Dubai, United Arab Emirates. An online platform is maintained as a marketplace within the logistics sector for booking transport services. Cargo owners and truckers are linked through the application, which includes features for asset tracking and optimization. Operations center on facilitating efficient connections in the transport industry across the region.

Lorryz's top competitors include Rivigo, Unishippers and Yimidida.

Lorryz offers Instant Rates, Live Tracking, and Dashboard.

Lorryz has 4 investors. Key investors include Orbit Startups, SOSV, Emirates Investment & Development Center, and ICell.

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