About OLIMP
OLIMP is a company based in Chicago (United States) founded in 2018.. OLIMP has raised $218.5 thousand across 2 funding rounds from investors including Entrepreneurs Roundtable Accelerator. OLIMP offers products and services including Warehousing, Cross-Docking, Pallet-Reworks, and Transloading. OLIMP operates in a competitive market with competitors including ReadySpaces, SpaceFill, Place B, Pallet Parking and ForLogistic, among others.
- Headquarter Chicago, United States
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Olimp Corp
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$218.5 K (USD)
in 2 rounds
-
Latest Funding Round
$100 K (USD), Seed
Jul 21, 2020
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of OLIMP
OLIMP offers a comprehensive portfolio of products and services, including Warehousing, Cross-Docking, Pallet-Reworks, and Transloading. 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.
Provides flexible storage for goods across North America
Facilitates quick freight transfer to reduce storage time
Offers restacking and corrections for damaged pallets
Handles freight transfer from port to warehouse efficiently
Unlock access to complete
Funding Insights of OLIMP
OLIMP has successfully raised a total of $218.5K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in July 2020. 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 2
- Last Round Seed — $100,000
-
First Round
First Round
(26 Sep 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2020 | Amount | Seed - OLIMP | Valuation | Entrepreneurs Roundtable Accelerator |
|
| Sep, 2019 | Amount | Seed - OLIMP | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in OLIMP
OLIMP has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Entrepreneurs Roundtable Accelerator. 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 |
|---|---|---|---|---|
|
Startups are accelerated in fintech, SaaS, climate, and various sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by OLIMP
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - OLIMP
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olimp Comparisons
Competitors of OLIMP
OLIMP 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 ReadySpaces, SpaceFill, Place B, Pallet Parking and ForLogistic, 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 |
On-demand warehouse spaces are provided for small and medium businesses.
|
|
| domain | founded_year | HQ Location |
Cloud-based end-to-end warehouse management solutions are provided for 3PL operations.
|
|
| domain | founded_year | HQ Location |
Provider of rental storage spaces
|
|
| domain | founded_year | HQ Location |
On-demand warehousing solutions are facilitated via an online platform.
|
|
| domain | founded_year | HQ Location |
A marketplace for pre-leasing and renting warehouses is provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Olimp
Frequently Asked Questions about OLIMP
When was OLIMP founded?
OLIMP was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is OLIMP located?
OLIMP is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is OLIMP a funded company?
OLIMP is a funded company, having raised a total of $218.5K across 2 funding rounds to date. The company's 1st funding round was a Seed of $118.5K, raised on Sep 26, 2019.
What does OLIMP do?
OLIMP was established in 2018 in Chicago, United States, as an online platform within the logistics sector focused on warehouse management. Carriers and warehouses are linked to optimize operations. Services including on-demand warehousing, cross-docking, last-mile delivery, and warehouse utilization are offered to support supply chain efficiency across the region.
Who are the top competitors of OLIMP?
OLIMP's top competitors include ReadySpaces, SpaceFill and Place B.
What products or services does OLIMP offer?
OLIMP offers Warehousing, Cross-Docking, Pallet-Reworks, and Transloading.
Who are OLIMP's investors?
OLIMP has 1 investor. Key investors include Entrepreneurs Roundtable Accelerator.