Surge 05

Locad

Launched

October 2020

Published

June 2021

Locad-2

Founders

Constantin Robertz

Jannis Dargel

Shrey Jain

Co-Investors

Antler

Febe Ventures

Foxmont Capital

Global Founders Capital

Gokongwei Family Office

Hustle Fund

Angels*

Locad is making multi-channel e-commerce fulfilment easier than ever by offering a distributed warehousing network, which reduces shipping time and costs by storing products closer to customers.

With the rapid growth of e-commerce, social commerce, D2C and B2B commerce in Southeast Asia, there is a growing need to integrate the entire logistics and supply chain for companies. Brands are focusing more closely on logistics and supply chain management than ever before because today’s customers widely expect their orders to be delivered quickly, and on time, as a standard level of service.

While many companies are addressing first mile (trucking and freight) and last mile (delivery), the integration of warehousing and fulfilment is lacking. To accelerate delivery times, brands need their products to be in warehouses closer to customers. Yet, working with multiple third-party logistics partners can be complex and time consuming. There is no single point of contact and companies need to manage too many vendors. There’s also a lack of plug and play integrations for marketplaces and e-commerce ecosystems.

Locad is a supply chain orchestrator that leverages technology to integrate a network of distributed warehouses, fulfilment partners and last mile shipping options that allow brands to manage their B2C supply chain end-to-end. They make warehouses act as one – with on-demand, variable capacity and the platform combines distributed warehouses and fulfilment partners, as well as platforms such as Shopify, Magento, Amazon, Shopee and Lazada. Brands can manage all their orders and stock from a single virtual pool across all sales channels, while benefiting from real-time visibility of sales, orders, inventory, and service levels.

To ensure that customers receive delivery of their products with optimal speed and low shipping cost, Locad enables multi-carrier shipping for the last mile, with plug and play integrations to major last mile delivery providers, and a multi-carrier shipping management module (TMS) to automate the assignment of customer orders to the last mile carrier of choice.

Locad was founded in Singapore and Manila in 2020, with additional offices in Australia and India. Founders Constantin Robertz, Jannis Dargel and Shrey Jain came together to build Locad after years in Southeast Asia’s e-commerce, transportation and logistics ecosystem. Constantin and Jannis managed Zalora Philippines operations together and afterwards, Constantin founded Entrego, a last mile logistics company in the Philippines, prior to founding Locad. Shrey was a Lead Product Manager at Grab.

*Angel Investors: Alexander Friedhoff, Christian Weiss, Henry Ko, Huey Lin, Markus Bruderer, Dr. Markus Erken, Max Moldenhauer, Oliver Mickler, Paulo Campos, Stefan Mader, Thibaud Lecuyer, Tim Marbach and Tim Seithe