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Locad helps improve eCommerce fulfillment in the Philippines with USD 4.9M in funding

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Locad is a logistics and supply chain management integrator that got USD 4.9 million in funding led by Sequoia Surge and more.
Locad helps improve eCommerce fulfillment in the Philippines with USD 4.9M in funding
Locad gets USD 4.9 million in funding

Locad looks to improve eCommerce fulfillment in PH

The Inventory Dashboard is one of the features you get with Locad
The Inventory Dashboard is one of the features you get with Locad

Locad offers eCommerce brands and retailers simple yet scalable end-to-end solutions that range from plug-and-play eCommerce fulfillment to a distributed warehousing network in APAC for those looking for international business expansion.

It uses a fully digital and integrated platform with real-time visibility over order and inventory movements. The company is looking to provide solutions for pain points in the current eCommerce workflow in the country. The company says that currently the state of eCommerce in the Philippines is fragmented, complex, and has a slow supply chain in Southeast Asia.

Sequoia Surge is joined by Antler, Febe Ventures, Foxmont, Global Founders Captial, Gokongwei Family, and Hustle Fund in providing the USD 4.9 million funding to Locad. Locad, as a company, was founded in Manila and Singapore in October 2020. It now has offices in Australia, Hong Kong, India, the Philippines, and Singapore.

You can inquire about Locad's services at this link.

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