Lorryz FZ Overview
- Year Founded
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2017
- Status
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Private
- Employees
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35
- Latest Deal Type
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2ndary - Private
- Investors
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5
Lorryz FZ General Information
Description
Developer of a freight management platform designed to accelerate the future of logistics by driving road freight digitally. The company's platform allows users to create a shipment request to receive optimal rates from various pre-screened transporters and thereafter track all of their shipments in real time and receive shipment alerts for visibility, enabling clients to manage cargo and boost cost reductions, time efficiency, and transparency.
Contact Information
Website
www.lorryz.comCorporate Office
- Ground Floor, Building 7
- Dubai Outsource City
- Dubai United Arab Emirates
Corporate Office
- Ground Floor, Building 7
- Dubai Outsource City
- Dubai United Arab Emirates
Lorryz FZ Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Accelerator/Incubator | 26-May-2022 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 01-Jan-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 19-Jan-2020 | $1.4M | $1.4M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Generating Revenue |
VC Exit Predictor
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Lorryz FZ Comparisons
Industry
Financing
Details
Lorryz FZ Competitors (6)
One of Lorryz FZ’s 6 competitors is Truck It In, a Venture Capital-Backed company based in Karachi, Pakistan.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Truck It In | Venture Capital-Backed | Karachi, Pakistan | ||||
| Trella | Venture Capital-Backed | Cairo, Egypt | ||||
| Trukkin | Venture Capital-Backed | Dubai, United Arab Emirates | ||||
| LoadMe | Venture Capital-Backed | Dubai, United Arab Emirates | ||||
| Lyve (Logistics) | Venture Capital-Backed | Abu Dhabi, United Arab Emirates |
Lorryz FZ Signals
Lorryz FZ Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Orbit Ventures (Venture Capital) | Venture Capital | Minority | ||
| SOSV | Venture Capital | Minority | ||
| Emirates Investments and Development Center | Corporation | Minority | ||
| i-Cell Telecom Group | Corporation | Minority | ||
| National Incubation Center Karachi | Accelerator/Incubator |
Lorryz FZ FAQs
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When was Lorryz FZ founded?
Lorryz FZ was founded in 2017.
-
Where is Lorryz FZ headquartered?
Lorryz FZ is headquartered in Dubai, United Arab Emirates.
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What is the size of Lorryz FZ?
Lorryz FZ has 35 total employees.
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What industry is Lorryz FZ in?
Lorryz FZ’s primary industry is Logistics.
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Is Lorryz FZ a private or public company?
Lorryz FZ is a Private company.
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What is Lorryz FZ’s current revenue?
The current revenue for Lorryz FZ is .
-
How much funding has Lorryz FZ raised over time?
Lorryz FZ has raised $1.4M.
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Who are Lorryz FZ’s investors?
Orbit Ventures (Venture Capital), SOSV, Emirates Investments and Development Center, i-Cell Telecom Group, and National Incubation Center Karachi have invested in Lorryz FZ.
-
Who are Lorryz FZ’s competitors?
Truck It In, Trella, Trukkin, LoadMe, and Lyve (Logistics) are some of the 6 competitors of Lorryz FZ.
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