Locus (Business/Productivity Software) Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
-
313
- Latest Deal Type
-
Accelerator/Inc
- Investors
-
30
Locus (Business/Productivity Software) General Information
Description
Developer of a logistics management platform designed to manage intra-city logistics for scheduled and on-demand deliveries. The company's platform uses proprietary data-driven algorithms with data analytics tools utilizing automation and geolocation to offer logistics alternatives like route optimization, real-time tracking, insights and analytics, vehicle allocation, and utilization, enabling enterprises to reduce logistics cost and provide on-time deliveries, improve operational efficiency, transparency, and consistency.
Contact Information
Website
www.locus.shCorporate Office
- 1013 Centre Road
- Suite 403-B, Wilmington
- New Castle, DE 19805
- United States
Corporate Office
- 1013 Centre Road
- Suite 403-B, Wilmington
- New Castle, DE 19805
- United States
Locus (Business/Productivity Software) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Accelerator/Incubator | 000.00 | Completed | Generating Revenue | |||
7. Secondary Transaction - Private | 000.00 | Completed | Generating Revenue | |||
6. Accelerator/Incubator | 000.00 | Completed | Generating Revenue | |||
5. Later Stage VC (Series C) | 02-Jun-2021 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 13-May-2019 | 000.00 | 000.00 | 0000 | Completed | Generating Revenue |
3. Accelerator/Incubator | 22-Jun-2016 | 00.000 | Completed | Generating Revenue | ||
2. Early Stage VC (Series A) | 09-May-2016 | $2.71M | $2.91M | 000.00 | Completed | Generating Revenue |
1. Seed Round | 27-Jul-2015 | $191K | $191K | 00.000 | Completed | Generating Revenue |
Locus (Business/Productivity Software) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 00.000 | |
Series B-5 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series B-4 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series B-3 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series B-2 | 000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
Series B-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
Series A | 3,332,104 | $0.000010 | $0.81 | $0.81 | 1x | $0.81 | 9.07% | |
Seed | 1,562,476 | $0.000010 | $0.12 | $0.12 | 1x | $0.12 | 4.25% |
Locus (Business/Productivity Software) Comparisons
Industry
Financing
Details
Locus (Business/Productivity Software) Competitors (63)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
7bridges | Venture Capital-Backed | London, United Kingdom | 00 | 000.00 | 00000000000 | 000.00 |
Mojro | Venture Capital-Backed | Bengaluru, India | 00 | 00.000 | 0000000000 0 | 00.000 |
Shipsy | Venture Capital-Backed | Gurugram, India | 000 | 000.00 | 00000000000 | 000.00 |
GetSwift | Private Equity-Backed | Denver, CO | 00 | 00000 | 000000000000 | |
Onfleet | Venture Capital-Backed | San Francisco, CA | 00 | 000.00 | 00000000000 | 000.00 |
Locus (Business/Productivity Software) Patents
Locus (Business/Productivity Software) Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240031080-A1 | Automated location visit schedule optimization | Pending | 21-Jul-2022 | 0000000000 | |
US-20240020591-A1 | Overlap optimization of vehicle routes | Pending | 15-Jul-2022 | 0000000000 | |
US-11100454-B1 | Cdd with heuristics for automated variable use-case based constrained logistics route optimization | Active | 06-Apr-2020 | 000000000000 | 0 |
US-11232135-B2 | Methods and system of using n-gram analysis to discover points of interest in a given geographic region | Active | 02-Apr-2020 | 000000000 | 0 |
US-20210311970-A1 | Methods and system of using n-gram analysis to discover points of interest in a given geographic region | Active | 02-Apr-2020 | G06F16/29 |
Locus (Business/Productivity Software) Executive Team (13)
Name | Title | Board Seat |
---|---|---|
Nishith Rastogi | Co-Founder, Chief Executive Officer & Board Member | |
Geet Garg | Co-Founder & Chief Technology Officer | |
Mehul Kapadia | Chief Revenue Officer & Chief Marketing Officer | |
Bindhu John | Chief Happiness Officer and Admin Head & Founders Office |
Locus (Business/Productivity Software) Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Gaurav Jain | Self | Board Member | 000 0000 |
Manish Singhal | Pi Ventures | Board Member | 000 0000 |
Navroz Udwadia | Self | Board Member | 000 0000 |
Nishith Rastogi | Locus (Business/Productivity Software) | Co-Founder, Chief Executive Officer & Board Member | 000 0000 |
Shailesh Ghorpade | Self | Board Member | 000 0000 |
Locus (Business/Productivity Software) Signals
Locus (Business/Productivity Software) Investors (30)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Amrish Rau | Angel (individual) | Minority | 000 0000 | 000000 0 |
Debdeep Sengupta | Angel (individual) | Minority | 000 0000 | 000000 0 |
GIC (Singapore) | Sovereign Wealth Fund | Minority | 000 0000 | 000000 0 |
Kunal Shah | Angel (individual) | Minority | 000 0000 | 000000 0 |
Qualcomm Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
Locus (Business/Productivity Software) FAQs
-
When was Locus (Business/Productivity Software) founded?
Locus (Business/Productivity Software) was founded in 2015.
-
Who is the founder of Locus (Business/Productivity Software)?
Nishith Rastogi and Geet Garg are the founders of Locus (Business/Productivity Software).
-
Who is the CEO of Locus (Business/Productivity Software)?
Nishith Rastogi is the CEO of Locus (Business/Productivity Software).
-
Where is Locus (Business/Productivity Software) headquartered?
Locus (Business/Productivity Software) is headquartered in New Castle, DE.
-
What is the size of Locus (Business/Productivity Software)?
Locus (Business/Productivity Software) has 313 total employees.
-
What industry is Locus (Business/Productivity Software) in?
Locus (Business/Productivity Software)’s primary industry is Business/Productivity Software.
-
Is Locus (Business/Productivity Software) a private or public company?
Locus (Business/Productivity Software) is a Private company.
-
What is Locus (Business/Productivity Software)’s current revenue?
The current revenue for Locus (Business/Productivity Software) is 000000.
-
How much funding has Locus (Business/Productivity Software) raised over time?
Locus (Business/Productivity Software) has raised $78.7M.
-
Who are Locus (Business/Productivity Software)’s investors?
Amrish Rau, Debdeep Sengupta, GIC (Singapore), Kunal Shah, and Qualcomm Ventures are 5 of 30 investors who have invested in Locus (Business/Productivity Software).
-
Who are Locus (Business/Productivity Software)’s competitors?
7bridges, Mojro, Shipsy, GetSwift, and Onfleet are some of the 63 competitors of Locus (Business/Productivity Software).
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