Logiwa Closes Series B Funding with New $10M Investment

logiwa

Logiwa, a Chicago, IL-based cloud fulfillment platform for high-volume direct-to-consumer (DTC) and omnichannel businesses, completed its Series B funding, closing a $10M second round of investment.

The round was led by Prologis Ventures and BAM Elevate. Logiwa previously announced a $16.4M round of funding led by NewRoad Capital Partners. Existing investors Valor Siren Ventures, Runway Venture Partners, Spider Capital and Launch Capital also participated in this round.

The company intends to use the funds to accelerate development of its platform, expand operations and its business reach.

Led by Erhan Musaoglu, CEO, Logiwa provides cloud fulfillment software for high-volume direct-to-consumer brands, wholesalers, and 3PLs. The Logiwa Cloud Fulfillment Platform is an integrated WMS and order fulfillment system that makes it easy to run a digital warehouse and scale high-volume DTC fulfillment operations. The solution connects quickly with new online stores and marketplaces, makes it easy to run a digital warehouse, and is easily updated to support dynamic warehouse environments.

FinSMEs

03/11/2022