Logiwa, a Chicago, IL-based leading cloud fulfillment platform for high-volume direct-to-consumer (DTC) and omnichannel businesses, announced it has raised $16.4 million in Series B funding.
The round was led by NewRoad Capital Partners, existing investor Valor Siren Ventures, Runway Venture Partners, Spider Capital, and Launch Capital also participated.
With this new funding, Logiwa plans to continue its product-led growth strategy by developing new AI-powered automation algorithms and advanced analytics, as well as expanding its many out-of-the-box integrations.
Company: Logiwa, Inc.
Raised: $16.4M
Round: Series B
Funding Month: June 2022
Lead Investors: NewRoad Capital Partners
Additional Investors: Valor Siren Ventures, Runway Venture Partners, Spider Capital, and Launch Capital
Company Website: https://www.logiwa.com/
Software Category: Cloud Fulfillment Software
About the Company: Logiwa is the leading 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 your high-volume DTC fulfillment operations. Logiwa’s solution works where traditional WMS systems fail: it 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. Logiwa ‘s mission is to be a world-class partner for warehouse and inventory-based businesses
Source: https://www.logiwa.com/press-release/logiwa-raises-16-4m-in-series-b-funding-as-company-aims-to-modernize-the-wms-market