Lori is a venture-backed start-up building the cutting-edge logistics infrastructure for trucking in Africa. The start-up is tackling a massive issue - $180 billion is spent annually on haulage across Africa, which means that up to 75% of a product’s cost is due to logistics (compared to 6% in the US). Lori’s tech-enabled and operations-driven marketplace efficiently connects transport to cargo. The supply chain management system brings transparency and has pushed significantly improved flexibility, reliability, and cost savings (savings upwards of 18%). The company has experienced 30% month-over-month compounded growth since product launch in May 2017. The market demand for Lori’s platform is increasing exponentially. To continue this pace of growth, Lori recently closed a landmark raise from globally leading institutional and strategic investors. The company won Techcrunch Battlefield Africa.
View Top Employees from LoriWebsite | http://www.lorisystems.com |
Employees | 200 (150 on RocketReach) |
Founded | 2016 |
Technologies |
JavaScript,
HTML,
Twitter
+36 more
(view full list)
|
Industry | Transportation, Logistics, Supply Chain and Storage |
Keywords | Digital Logistics, Cargo Transportation, Supply Chain Management, Freight Management, Supply Chain Software, Third Party Logistics |
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Gichini Ngaruiya is the Co-Founder of Lori.
150 people are employed at Lori.