# Lori

**Source:** https://www.startuphub.ai/startups/lori
**Profile type:** Startup

> Lori is an online marketplace platform for cargo transportation services.

## About

Lori operates as a digital freight marketplace connecting shippers with transporters across Africa. The platform aims to streamline the logistics process, offering transparency, efficiency, and competitive pricing for cargo movement.

## Key facts

- **Slug:** lori
- **Website:** https://lori.com/
- **Location:** Nairobi, Kenya
- **Founded:** 2017
- **Operating status:** Inactive
- **Total funding:** $13M
- **Sectors / tags:** LogisticsTech, Supply Chain, Marketplace, Fleet Management, E-commerce

## Frequently asked

### What does Lori do?

Lori operates as a digital freight marketplace connecting shippers with transporters across Africa. The platform aims to streamline the logistics process, offering transparency, efficiency, and competitive pricing for cargo movement.

### What is Lori's revenue?

StartupHub estimates Lori's annual revenue at $2.1M (range $212K to $3.8M, 30% confidence), based on comparable companies in the sector.

### What is Lori's valuation?

StartupHub estimates Lori's effective valuation at $50.9M (range $32.5M to $78.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Lori raised?

Lori has raised a total of $13M in funding. The most recent round on record is Series A.

### Where is Lori headquartered?

Lori is headquartered in Nairobi, Kenya.

### When was Lori founded?

Lori was founded in 2017.

### What industry does Lori operate in?

Lori operates in LogisticsTech, Supply Chain, Marketplace, Fleet Management, E-commerce.

### What is Lori's current status?

Lori's current operating status is: Inactive.

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