Funding Roundup: Fresh Capital Raised by Gorgias, Take App, Edamama and Others

Aug 19, 2022

It has been a splendid week for startups in the e-commerce, logistics and supply chain space. In this week’s Ecosystem Funding Roundup, we are thrilled to feature 6 of their notable achievements:

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Take App Seed Funding 

Take App, a fledgling Singaporean startup founded by former Facebook engineering manager Youmin Kim has closed a $1M Seed funding round. Take App bridges the gap for small-business owners by building a digital platform that lets local stores easily build their website to take orders online and run WhatsApp newsletter campaigns. “Our unique selling point is that we let merchants keep direct WhatsApp conversations with customers,” explained Kim to TechCrunch.

  • Year Founded: 2021

  • Founders: Youmin Kim

  • Location: Singapore

  • Latest Funding: $1M Seed 

  • Lead Investors: YC Combinator 

Gorgias Series C Funding 

Gorgias, a San Francisco-based customer service platform designed for e-commerce, recently raised $30M in Series C funding round. The fresh capital will be channeled for advanced development of its automation and revenue suites for e-commerce customer experience, complementing its all-in-one helpdesk for merchants on Shopify and other e-commerce platforms. Today, Gorgias is partnering with over 10,000 online stores including Steve Madden and Olipop.

  • Year Founded: 2015

  • Founders: Romain Lapeyre, Alex Plugaru

  • Location: San Francisco, United States

  • Latest Funding: $30M Series C

  • Lead Investors: Transpose Platform and Shopify

Littledata Growth Funding 

Littledata has completed a growth funding round to accelerate growth with direct-to-consumer (DTC) brands around the world. Launched in 2014, the e-commerce data platform provides businesses with a seamless connection between the Shopify site, their various marketing channels and Google Analytics. The funding will allow Littledata to speed up the development of products and marketing to enable more use cases and reach a wider range of brands. 

  • Year Founded: 2014

  • Founders: Edward Upton 

  • Location: London, United Kingdom

  • Latest Funding: Undisclosed

  • Lead Investors: Oberlo

Edamama Series A Funding 

Philippines’ leading parenting-focused e-commerce startup, Edamama, bagged $20M in its latest Series A. This funding round is set to accelerate the expansion of Edamama’s operations, including same-day and next-day delivery solutions to more locations across Metro Manila and beyond. Furthermore, Edamama will also utilize the new capital to enhance the company’s content and community elements on its platform. 

  • Year Founded: 2020

  • Founders: Nishant D’Souza, Bela Gupta

  • Location: Manila, Philippines 

  • Latest Funding: $20M Series A

  • Lead Investors: Alpha JWC Ventures

Lori Systems Series B Funding 

Kenyan e-logistics company, Lori Systems, secured its latest Series B funding led by Google to help bring digital transport management to the African continent. With Lori System’s on-demand logistics and trucking marketplaces, the company connects shippers to transportation, helps them move cargo, extends working capital facilities and provides them with software to manage their operations. 

  • Year Founded: 2016

  • Founders: Josh Sandler, Jean-Claude Homawoo, Ernest Gichini Ngaruiy

  • Location: Nairobi, Kenya

  • Latest Funding: Undisclosed

  • Lead Investors: Google

Graas Series A Funding 

Graas, an e-commerce solutions provider founded just a few months ago, has raised $40M in Series A funding. Currently serving over 250 customers, the Singaporean startup is equipped with an Artificial Intelligence (AI) engine that helps brands predict trends and deliver recommendations for performance marketing, inventory management, warehousing and last mile logistics, among its other functions. 

  • Year Founded: 2022

  • Founders: Prem Bhatia, Ashwin Puri

  • Location: Singapore

  • Latest Funding: $40M Series A

  • Lead Investors: Galaxy, Performa, Integra Partners, Yuj Ventures, AJ Capital

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