GoldenGolden
Advanced Search
Lori Systems

Lori Systems

Lori Systems is a venture-funded company solutions developer and provider in the field of long-haul transport logistics.

Founded in 2016, Lori Systems is a Nairobi, Kenya-based startup providing advanced technology-driven logistics services in the area of long-haul transport, using a proprietary e-platform to deliver cost-effective coordination solutions.

Timeline

November 7, 2019
Lori Systems raises a $30,000,000 series A round from Hillhouse Capital.
November 2019
Lori Systems raises a $30,000,000 series A round from Apoletto Managers, Crystal Stream Capital, EchoVC Partners, Endeavor Catalyst, Hillhouse Capital Group, Iyinoluwa Aboyeji, Raba, Ryan Petersen, Timon Capital and Yuri Milner.
January 2018
Lori Systems raises a $6,200,000 seed round from FJ Labs and MPGI.
June 2017
Lori Systems raises a $25,000 seed round from Larix VC.
2003
Lori Systems was founded by Gichini Ngaruiya, Jean-Claude Homawoo and Joshua Sandler.

Funding rounds

People

Name
Role
LinkedIn

Bowen Williams

Employee

Josh Sandler

Founder

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Tom Jackson
November 12, 2020
Disrupt Africa
Kenyan logistics startup Lori Systems has secured funding and support from Imperial, an African and European-focused provider of integrated market access and logistics solutions, to expand its product across Africa.
Jake Bright
November 8, 2019
TechCrunch
African on-demand trucking logistics company Lori Systems has raised a Series A round led by Chinese investors Hillhouse Capital and Crystal Stream Capital. Other participating investors included Nigeria and U.S.-based EchoVC, Flexport CEO Ryan Petersen and Nigerian founder Iyinoluwa Aboyeji. Lori Systems is not disclosing the amount of the Series A. DealStreet Asia reported the [...]
Jake Bright
August 14, 2019
TechCrunch
Nigerian freight logistics startup Kobo360 has raised a $20 million Series A round led by Goldman Sachs and $10 million in working capital financing from Nigerian commercial banks. The company -- with an Uber -like app that connects truckers and companies to delivery services -- will use the funds to upgrade its platform and expand [...]
Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.