Funding Roundup: Lottie, Crea...

Funding Roundup: Lottie, Creative Force, Oorjaa and Others Land Fresh Funding

Oct 20, 2023
Funding Roundup: Lottie, Creative Force, Oorjaa and Others Land Fresh Funding

It has been a great couple of weeks 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:

Relewise Pre-Seed Funding

Relewise, a Danish e-commerce personalization platform aims to make a significant impact on global e-commerce businesses by fostering more personalized and memorable user experiences. Its platform enhances user experiences for e-commerce businesses by analyzing real-time user behavior and recommending relevant products in less than two milliseconds. With a recent €800K investment from a pre-seed funding round led by VC Founderment, Relewise plans to expand into markets such as Scandinavia, the Netherlands, and Germany.

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  • Year Founded: 2020

  • Founder(s): Brian Holmgård Kristensen, Sune Hansen and Ronnie Balle

  • Location: Aarhus, Denmark

  • Latest Funding: €800K

  • Lead Investor(s): VC Founderment

Tripplo Seed Funding

The South African logistics software platform Tripplo is revolutionizing the logistics industry by fostering innovation and operational efficiency in goods transportation. Tripplo uses cutting-edge technology to streamline road-freight supply chains, negotiate rates with contractors, optimize routes, enable real-time tracking, manage documents, and facilitate working capital for trucks. In a seed funding round led by Futuregrowth Asset Management, Tripplo raised $1.8M to support its goal of becoming a leading global logistics platform. 

  • Year Founded: 2019

  • Founder(s): Victor Chaitezvi

  • Location: Johannesburg, South Africa

  • Latest Funding: $1.8M

  • Lead Investor(s): Futuregrowth Asset Management

Oorjaa Pre-Series A Funding

Oorjaa, a Mumbai-based B2B logistics technology platform, has raised $640K in a Pre-Series A funding led by a consortium of investors. Oorjaa specializes in technology-driven logistics solutions, encompassing auto-routing, network optimization, data analytics, and trip management. Its clientele includes prominent B2B players in e-commerce, food-tech, and e-groceries. With this fresh investment, Oorjaa is set to bolster its PiE KART platform, advance its technological infrastructure, and expand its team.

  • Year Founded: 2021

  • Founder(s): Sandeep Patil, Prashant Mohite and Yogesh Parab

  • Location: Mumbai, India

  • Latest Funding: $640K

  • Lead Investor(s): Inflection Point Ventures (IPV), Vinners Platform, Soonicorn Ventures, and HEM Angels

Creative Force Series A Funding

Denmark’s Creative Force offers an AI-powered content operations workflow platform for large e-commerce retailers and brands, aiding in the creation of marketing and online merchandising content. This platform notably enhances content production efficiency by up to 30%, allowing companies to allocate focus on other areas. It recently garnered $8.9M in a Series A funding round to further develop their AI capabilities, expand their Denmark base, and open a new U.S. office in Boston.

  • Year Founded: 2019

  • Founder(s): Tejs Rasmussen and Thomas Kragelund

  • Location: Denmark

  • Latest Funding: $8.9M

  • Lead Investor(s): Export and Investment Fund of Denmark and Hearst Ventures

Lottie Series A Funding

Lottie, a UK-based online marketplace operates a platform that helps users find the best care homes and services based on their needs, offering real-time service availability. It addresses the challenges faced by families seeking care homes for elderly loved ones in the UK. Recently securing $21M in a Series A funding round led by Accel, Lottie plans to streamline the booking process by handling payments and expanding its team to over 100 employees. This expansion aims to enhance the platform's offerings.

  • Year Founded: 2021

  • Founder(s): Will Donnelly and Chris Donnelly

  • Location: London, United Kingdom

  • Latest Funding: $21M

  • Lead Investor(s): Accel

Biva Analytics Seed Funding

Headquartered in India, BIVA Analytics is a plug-and-play analytics platform for e-commerce that aggregates data from various sources to empower e-commerce businesses with unified analytics and workflow automation. BIVA Analytics aims to enhance its e-commerce analytics product offerings and integrate AI for marketing automation and competitor benchmarking. In a recent seed funding round led by Equanimity Ventures, BIVA Analytics raised $500K, which will be used for product development, market expansion, and talent acquisition.

  • Year Founded: 2022

  • Founder(s): Abhiram Kolli and Akhila Ganti

  • Location: Hyderabad, Telangana, India

  • Latest Funding: $500K

  • Lead Investor(s): Equanimity Ventures

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