Locus is a leading-edge technology company solving one of the most challenging global supply chain problems: last-mile logistics. Locus' order-to-delivery dispatch management platform helps enterprises transform their last-mile logistics operations into growth centers through advanced optimization algorithms and intuitive workflow automationthat equip businesses with the tools needed to maximize efficiency while delighting customers. Founded in 2015 and backed by GIC Singapore, Qualcomm Ventures, Tiger Global, and Falcon Edge, Locus has helped a wide range of customers globally across industries– including Unilever, Nestle, Bukalapak, The Tata Group, BlueDart, and more – execute 650 million deliveries across 30+ countries across North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian subcontinent. Its technology has also helped save $200 million in transit costs, offsetting 70 million kilograms in CO2 emissions while maintaining a 99.5% SLA adherence ratio. The company powers deliveries across North America, Europe, Southeast Asia, the Middle East, ANZ, and the Indian Subcontinent. Visit www.locus.sh to know more!
Industry:
Transportation & Mobility
Amount Raised:
$78,800,000
Founded:
2015
Stage:
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