Logiwa<\/a>, the leading cloud fulfillment platform for high-volume direct-to-consumer businesses, today announced that it has raised $8.5 million to meet rising demand for cloud DTC fulfillment solutions.
Valor Siren Ventures, an early-stage food, food technology, and retail technology fund, led the round with participation from Spider Capital, Runway Venture Partners, Launch Capital, and Otimo Retail. This investment brings the company\u2019s total funding to $13.1 million. Jonathan Shulkin, Partner and Fund Manager at Valor Siren Ventures, will join the company\u2019s board.<\/p>\nOnline sales have accelerated as the COVID-19 pandemic forced consumers to buy online during lockdowns. As orders increased, many brands, online sellers, 3PLs, and fulfillment networks learned that their existing WMS were not flexible enough to support and scale high-volume, omnichannel DTC fulfillment.<\/p>\n
\u201cWe\u2019ve seen a spike in demand for our Cloud Fulfillment Platform as companies struggle to fulfill rising orders and look for new flexible solutions,\u201d said Erhan Musaoglu, Logiwa CEO. \u201cWe love seeing the expression on new customers\u2019 faces when they see how easy it is to add automation rules and fulfill twice as many orders with the same staff.\u201d<\/p>\n
\u201cThe rapid shift to online orders has forced companies to re-think their delivery experience and fulfillment structures,\u201d said Jonathan Shulkin, Partner and Fund Manager at Valor Siren Ventures. \u201cLogiwa is shaping the future of WMS through its unique ability to flexibly support high-volume fulfillment, particularly for DTC brands.\u201d<\/p>\n
About Logiwa<\/strong><\/p>\nLogiwa is the leading cloud fulfillment software for high-volume direct-to-consumer brands, wholesalers, and 3PLs. The Logiwa Cloud Fulfillment Platform is an integrated WMS and order fulfillment system that makes it easy to run a digital warehouse and scale your high-volume DTC fulfillment operations. Logiwa\u2019s solution works where traditional WMS systems fail: it connects quickly with new online stores and marketplaces, makes it easy to run a digital warehouse, and is easily updated to support dynamic warehouse environments.<\/p>\n
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Request a free demo to learn more about Logiwa WMS.<\/h3>\n
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