Logistics and supply chain management integrator Locad has secured US$4.9 million in a new funding round led by Sequoia Capital India’s Surge with participation from Antler, Febe Ventures, Foxmont, Global Founders Capital, Gokongwei Family and Hustle Fund, among others.

The company offers e-commerce brands and retailers simple yet scalable end-to-end solutions from plug-and-play eCommerce fulfilment to a distributed warehousing network in APAC to companies that are looking to scale their business internationally.

In essence, Locad plugs an important gap in the current eCommerce state-of-play-the fragmented, complex, and slow supply chain ecosystem in Southeast Asia. While many companies address first mile and last mile problems in delivery, very few provide the fully integrated solution that Locad is pioneering. Business customers of Locad have the opportunity to integrate with eCommerce platforms such as Shopify, WooCommerce, Lazada, Shopee, and Zalora. Brands can manage all their orders and stock from a single virtual pool across multiple sales channels, with real-time visibility of sales, orders, inventory, and service levels.

In a virtual roundtable with the media, Constantin Robertz, CEO and co-founder of Locad, said, “The additional funding will accelerate the development of Locad’s technology and will create better opportunities for businesses that select the logistics cloud as their platform of choice to grow their direct-to-consumer business in eCommerce and omnichannel retail, also ensuring continuity for years to come.”

The chief executive also believes that by maximizing Locad as the primary platform in the logistics needs, companies will experience to run a more seamless fulfillment infrastructure at affordable costs.

Locad’s shipping platform with a comprehensive range of integrated couriers enables brands to deliver nationwide, and its fulfillment network with warehouses strategically located in Taguig, Paranaque, Laguna, Cebu and Davao (opening soon), provides flexible fulfillment capacity and allows brands to reduce shipping time and costs by storing products closer to online shoppers.

The company said: “With its seed funding of $4.9M, Locad will expand its cloud logistics platform to work with more Philippine businesses of all sizes. The company is also investing in broadening its regional footprint in Southeast Asia and Australia, providing Philippine businesses an accessible option to pursue regional expansion and make their products accessible to consumers across Asia-Pacific.”

Founded in Manila and Singapore in October 2020, Locad is fast making a name for itself in the logistics industry and now has offices in Australia, Hong Kong, India, the Philippines and Singapore. The company is part of Surge’s fifth cohort of 23 companies that have developed new digital solutions to help companies and individuals work, live and learn better in a rapidly evolving Southeast Asian landscape.

Customers can reach out to use Locad’s services here.