Indonesian logistics startup Logisly has raised $6m in funding by Monks Hill Ventures

The company aims to serve as a single point of contact for everything logistics.


Alfred Lee

3 Nov, 2020

Indonesian logistics startup Logisly has raised $6m in funding by Monks Hill Ventures | BEAMSTART News

Logisly, an Indonesian B2B online logistics platform, has raised $6 million in Series A funding from Monk's Hill Ventures.

The company had also previously raised a seed round led by SeedPlus back in August last year.

Logisly's platform.

Founded in 2019, Logisly is a digital solution that connects shippers with trucking companies from a network of corporate carriers. 

The platform uses an algorithm to aggregate supply and demand for trucking, by providing shippers with trucks powered by real-time tracking and online proof of delivery. It also offers truck providers a facility to utilize vacant trucks and receive payment.

The company claims to have a network of more than 40,000 trucks, serving over 300 corporate shippers from sectors like consumer goods, chemicals, construction, and ecommerce. Some of their clients include corporates like Unilever, JD.ID, Grab, Maersk, and many others.

Part of the Logisly team.

With the new funds, Logisly will focus on scaling their operations in Indonesia by growing its sales and vendor acquisition teams .

The company eventually aims to serve as a single point of contact for everything logistics, ranging from orders, payment, and tech support for shippers and truck providers.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Legal Counsel, Asia

Gallons & Grapes Pte Ltd

Buona Vista, Singapore

Full Time

SGD 9000 — SGD 10500 monthly

English-Korean Freelance Transcriber in Singapore

Elite Asia

Singapore

Contract / Freelance

Salary Undisclosed

Account Manager (Hybrid)

Pinkerton

New York, NY, United States

Full Time

Salary Undisclosed

Customer Service Representative

Gamer's Hideout Sdn. Bhd.

Dataran Prima, Petaling Jaya, Malaysia

Full Time

MYR 3000 — MYR 4000 monthly

GROCERY SHOPPER UP TO $11/H !THEY ORDER, YOU SHOP!

RecruitFirst

SIngapore, Singapore

Contract / Freelance

SGD 9 — SGD 11 monthly

English Technical/Legal Writer

Pacston Technology Group

Kuala Lumpur, Malaysia

Full Time

USD 20000 — USD 60000 monthly

Junior Accounts Cum Admin Assistant

LABEL-LINE CORPORATION PTE LTD

Kallang, Singapore

Full Time

SGD 1600 — SGD 1800 monthly

Head of Developers

TWGT

Manila, Philippines

Full Time

USD 2000 monthly

Alfred Lee

Journalist at BEAMSTART. I write about breaking business news in the region.

Based in Malaysia

Work Experience Not Specified

Education Not Specified

beamstart.com

Also Mentioned

Logisly

Digital B2B logistics platform that connects shippers and trucking companies in Indonesia


Monk's Hill Ventures

Venture capital firm investing in early-stage technology startups in Southeast Asia


SeedPlus

SeedPlus is an early stage Singaporean fund with a hands on approach to working with its portfolio companies.

More Related Stories

Community Discussions

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).