Freight Service Startups in Africa
Overview Powered by AI
Freight service in Africa is a complex and evolving landscape. While companies like Lori Systems, Sote, and Africa Courier Express are making strides, the sector faces challenges such as fragmented infrastructure, inefficient customs processes, and limited access to financing. The local business community is keen on reliable and affordable freight services to facilitate cross-border trade and economic growth.
Cummulative Funding
$56.7M+
Total # of Companies
7
Total Deal Count
23
Total M&A Count
0
Total # of Investors
39
List of Freight Service startups in Africa
Add Startup| Startuparrow_upward | Overviewarrow_upward | Last roundarrow_upward | Total raisedarrow_upward | Founded |
|---|---|---|---|---|
Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa β from the ground up. | Series B | $ 44,450,000 | 2016 | |
Sote is a Nairobi-based African supply-chain-start-up which offers licensed tech-enabled customs clearing and forwarding service. | Seed | $ 7,755,000 | 2018 | |
Africa Courier Express, an African enterprise, engages in delivering logistics solutions to both businesses and consumers. | Seed | $ 3,715,000 | 2013 | |
Fastvan is a South African startup that enables end-to-end supply chain optimisation via a centralised platform. | Seed | $ 730,000 | 2016 | |
Truckr is a secure and centralized marketplace which enables listing and booking of third-party trucks. | Seed | $ 100,000 | 2018 | |
Bridge Express is an internal shipping company in Egypt offering online tracking and cash collection service free of charge. | Undisclosed | Undisclosed | ||
Overdrive Orbitals is an aerospace manufacturing and launch service startup Based in Liberia, west Africa. | Undisclosed | Undisclosed | 2023 |
Founded
2016
Overview
Lori has built a logistics platform that is revolutionising the cargo-transport value chain in Africa β from the ground up.
Last round
Series B
Total raised
$ 44,450,000
Employee
101-250
Founded
2018
Overview
Sote is a Nairobi-based African supply-chain-start-up which offers licensed tech-enabled customs clearing and forwarding service.
Last round
Seed
Total raised
$ 7,755,000
Employee
11-50
Founded
2013
Overview
Africa Courier Express, an African enterprise, engages in delivering logistics solutions to both businesses and consumers.
Last round
Seed
Total raised
$ 3,715,000
Employee
101-250
Founded
2016
Overview
Fastvan is a South African startup that enables end-to-end supply chain optimisation via a centralised platform.
Last round
Seed
Total raised
$ 730,000
Employee
11-50
Founded
2018
Overview
Truckr is a secure and centralized marketplace which enables listing and booking of third-party trucks.
Last round
Seed
Total raised
$ 100,000
Employee
1-10
Founded
Overview
Bridge Express is an internal shipping company in Egypt offering online tracking and cash collection service free of charge.
Last round
Undisclosed
Total raised
$ 0
Employee
11-50
Founded
2023
Overview
Overdrive Orbitals is an aerospace manufacturing and launch service startup Based in Liberia, west Africa.
Last round
Undisclosed
Total raised
$ 0
Employee
10-50