Funding Roundup: Fresh Capital Raised by Gorgias, Take App, Edamama and Others
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:
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
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
Latest Funding: $40M Series A
Lead Investors: Galaxy, Performa, Integra Partners, Yuj Ventures, AJ Capital
For more exclusive reports, insights, and interviews on the latest updates in e-commerce and logistics, follow us on LinkedIn or join our community as a member.