Lori Systems
Nairobi
About Lori Systems
Lori is a venture-backed start-up building 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 for significantly improved flexibility, reliability, and cost savings (savings of upwards of 18%). The company has experienced 30% month-over-month compounded growth since its 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.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 101 – 250
- Estimated revenue: $1K – $10K
- Total funding: $42.2M
- Last round: Series Unknown (Apr 2025)
- Website: lorisystems.com
- Phone: +254 797735004
Industries & Categories
Freight Service, Logistics, Transportation
Social Profiles
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