Logcomex provides a platform that enables companies to plan, monitor and automate their global supply chains, improving available information and increasing visibility of import and export operations. The platform integrates multiple factors into a single international logistics solution to help customers make better logistical decisions. The startup was founded in 2016 and already serves roughly 1,000 customers across five continents. Logcomex intends to use the new capital to execute a growth and expansion plan across Latin America. The company emphasizes its SaaS expertise and strategic partnerships as part of its scaling strategy. Financially, it has just closed a sizable financing round that will fund its regional expansion. LogComex provides Big Data–driven intelligence to the foreign trade ecosystem, organizing and enriching data from hundreds of sources to connect ports, customs, freight forwarders, carriers and other players. Its platform surfaces supplier pricing, market-share analysis and market behavior insights to improve decision-making and automate otherwise manual processes. The company began by digitizing ports and customs areas and later expanded to logistics operators, agents and airlines. With plans to launch new solutions for all segments linked to foreign trade, LogComex is focused on increasing share among importers and exporters and accelerating internationalization. The company reports hundreds of clients and thousands of users across four continents, achieved over 300% revenue growth in the last year, and has grown headcount from ~50 in early 2020 to over 200 by August 2021. It aims to exceed 250 employees by year-end, has 100+ open roles, and has been Great Place To Work–certified for three consecutive years. LogComex offers an online, user-friendly intelligence platform that processes and enriches trade data with Big Data technology to give companies visibility into the import-export market. Its clients include ports, airports, terminals, freight forwarders, carriers, importers and exporters. The platform simplifies monitoring of international shipments and automates aspects of the import-export process while enabling market-share and trend analysis. The company reports 10% month-over-month growth since its founding and currently serves more than 350 clients across four continents. LogComex employs about 70 people and plans to double its headcount, focusing hiring on technology and Data Science roles. Leadership says the capital will be used to accelerate growth and improve the platform to bring more transparency to international trade.

Total raised

$45M

Funding rounds

3

Latest round

Equity

Latest activity

Nov 2023