Lori Systems Overview
- Year Founded
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2016
- Status
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Private
- Employees
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130
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
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$2M
- Investors
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35
Lori Systems General Information
Description
Operator of a digital freight transportation platform intended to reduce logistics costs and streamline cargo movement across African trade routes. The company's platform offers instant rate estimates, vetted transporters, insured trucks, wallet-based payments, shipment tracking, and order management, enabling manufacturers, distributors, and exporters to move full truckload cargo safely and consistently at low operating costs.
Contact Information
Website
www.lorisystems.comCorporate Office
- Gateway Park, On Mombasa Road
- Block B, Ground Floor
- Nairobi
- Kenya
Corporate Office
- Gateway Park, On Mombasa Road
- Block B, Ground Floor
- Nairobi
- Kenya
Lori Systems Timeline
Lori Systems Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 22-Apr-2025 | $2M | Completed | Generating Revenue | ||
| 8. Later Stage VC | 01-Jan-2024 | Completed | Generating Revenue | |||
| 7. Later Stage VC | 08-Dec-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 16-Aug-2022 | Completed | Generating Revenue | |||
| 5. Early Stage VC | 21-Sep-2020 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 16-Jun-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 11-Jul-2019 | Completed | Generating Revenue | |||
| 2. Seed Round | 04-Jan-2018 | $6.17M | $6.17M | Completed | Generating Revenue | |
| 1. Grant | 12-Oct-2017 | $25K | Completed | Generating Revenue |
Lori Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Junior 2 | ||||||||
| Junior 1 | ||||||||
| Series 1 | 42,729,563 | $0.000010 | 6% | $0.05 | $0.05 | 1x | $0.05 | 39.83% |
VC Exit Predictor
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Lori Systems Comparisons
Industry
Financing
Details
Lori Systems Competitors (1)
One of Lori Systems’s competitors is Sendy (Business/Productivity Software), a Formerly VC-backed company based in Nairobi, Kenya.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sendy (Business/Productivity Software) | Formerly VC-backed | Nairobi, Kenya |
Lori Systems Signals
Lori Systems Investors (35)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Delta40 | Venture Capital | Minority | ||
| FP Capital (VC) | Venture Capital | Minority | ||
| Musha Ventures | Venture Capital | Minority | ||
| Persistent | Venture Capital | Minority | ||
| Google Assistant Investment | Corporate Venture Capital | Minority |
Lori Systems FAQs
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When was Lori Systems founded?
Lori Systems was founded in 2016.
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Where is Lori Systems headquartered?
Lori Systems is headquartered in Nairobi, Kenya.
-
What is the size of Lori Systems?
Lori Systems has 130 total employees.
-
What industry is Lori Systems in?
Lori Systems’s primary industry is Logistics.
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Is Lori Systems a private or public company?
Lori Systems is a Private company.
-
What is Lori Systems’s current revenue?
The current revenue for Lori Systems is .
-
How much funding has Lori Systems raised over time?
Lori Systems has raised $43.9M.
-
Who are Lori Systems’s investors?
Delta40, FP Capital (VC), Musha Ventures, Persistent, and Google Assistant Investment are 5 of 35 investors who have invested in Lori Systems.
-
Who are Lori Systems’s competitors?
Sendy (Business/Productivity Software) is a competitor of Lori Systems.
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