The Venture Codex Logo

The Venture Codex

OpenLogi

1-34-5 Higashi-Ikebukuro, Toshima-ku, Tokyo, Japan

Overview

OPENLOGI operates a logistics tech fulfillment platform offering pay-as-you-go pricing and networking of warehouse systems to aggregate capacity nationwide. The platform integrates via API with e-commerce platforms including Shopify, NextEngine, STORES, BASE and with Global-e for cross-border optimization. OPENLOGI reports approximately 13,000 installed accounts as of January 2024. The company plans to expand its warehouse network, accelerate software product development, and hire engineering and business talent. It aims to build a “whole product” logistics ecosystem and advance toward a “Physical Internet” linking logistics assets and data to address industry challenges such as the 2024 workforce issue. OpenLogi provides logistics outsourcing services for businesses. On July 25, 2017, Spiral Ventures Japan announced an additional investment in OpenLogi made through Spiral Ventures Japan Fund 1. The announcement links to a TechCrunch article for further details. The release does not disclose the size of the investment or the financing instrument. Spiral Ventures Japan LLP included contact information (phone and email) in the announcement for inquiries. No other investors or financial metrics are mentioned in the article.

Total raised
$24M
Funding rounds
3
Latest round
Series D
Latest activity
Feb 2024

Industries

  • E-Commerce
  • Logistics
  • Shipping
Visit website

Recent funding

  1. Series D

    Feb 2024

    $24M

Team

  • Hidetsugu Ito

    Representative Director and CEO

    LinkedIn
  • Toyokawa Tatsuya

    Founder and Outside Director

    LinkedIn
  • Masato Igarashi

    Director and CTO

    LinkedIn
  • Hiroshi Oka

    Outside Director

    LinkedIn