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.
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
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
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.