Stockoss, a Paris, France-based logistics technology startup, has secured €4 million in seed funding.
SaaS Investors
The round was led by Pi Labs, with participation from Global Brain, 50Partners, Hartwood, and Kima Ventures.
Founded in 2014, Pi Labs invests in startups that use technology solutions to enhance any stage of the real estate value chain. Key areas of focus for the current fund include sustainability, the future of work, the future of retail, commercial real estate technologies, construction technology, and smart cities. The firm is based in London, United Kingdom.
Stockoss Use of Funds
The funds will be used to streamline and improve supply chain management for companies and offer independent logistics service providers access to its technology.
About Stockoss
Founded in 2018 by Laurent Bonnet and Franck Nussbaumer, Stockoss is a technological solution for real-time stock and flow management. It offers 100% digitalized warehousing and logistics services for companies such as Stellantis, Netflix, and Jacquemus. By unifying the entire logistics value chain and improving the visibility, efficiency and automation of operations, Stockoss gives independent, localized warehouse owners a platform to operate on a much bigger scale and compete with bigger rivals. Stockoss has 180 customers and manages 55,000 monthly shipments with a team of 22.
Funding Details
Company: Stockoss
Raised: €4.0M
Round: Seed Round
Funding Month: November 2023
Lead Investors: Pi Labs
Additional Investors: Global Brain, 50Partners, Hartwood and Kima Ventures
Company Website: https://solutions.stockoss.com/
Software Category: Warehousing and Logistics
Source: https://www.eu-startups.com/2023/11/paris-based-stockoss-secures-e4-million-seed-to-modernise-warehousing-and-logistics-in-europe/