Loggi Valuation, Funding & Investors
Loggi is valued at $1.8B as of March 2021.
Last Loggi valuation
$1.8B
Series F · Mar 2021
Last Loggi funding round
$200M
Series F · Mar 2021
Cumulative funding Loggi raised
$495M
across 7 funding rounds
Key investors in Loggi
M12
SoftBank Group
Microsoft
Notable Capital
MONASHEES
Qualcomm Ventures
About Loggi
Loggi is a São Paulo-headquartered logistics network revolutionizing last-mile delivery in Brazil. The company operates a tech-enabled platform connecting e-commerce retailers, SMBs, and individuals with same-day shipping services. Founded in 2013, Loggi utilizes proprietary routing algorithms and a fleet of motorcycles for urban deliveries across 1,500 municipalities. It supports major platforms like Magazine Luiza and Americanas in the on-demand economy.
Founded
2013
HQ
São PauloWebsite
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Services, Subscription
Valuation
$1.8B (Mar 2021)
Loggi Valuation
Loggi is currently valued at $1.8B, based on its Series F in March 2021. Read the announcement ↗
The $200M round was led by CapSur Capital, with participation from Microsoft, SoftBank Group, M12, Sunley House Capital Management, Verde Asset Management and 3 other investors.
Loggi's valuation has grown 1.8x from $1B at its Series E in June 2019 to $1.8B in March 2021, across 2 priced rounds.
Loggi valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2021 | Series F | $1.8B |
| Jun 2019 | Series E | $1B |
Loggi Funding History
Loggi has raised a total of $495M across 7 funding rounds.
Loggi's first fundraising round was a $1M seed round in August 2013. The most recent completed round was a $200M Series F in March 2021.
Loggi funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Mar 2021 | Series F | CapSur Capital (lead); Microsoft; SoftBank Group; M12; Sunley House Capital Management; Verde Asset Management; 1289 Capital; Notable Capital; MONASHEES | $200M | $1.8B | Loggi is a Brazil-based delivery logistics platform providing last-mile delivery services and a dashboard to optimize delivery management for companies. The company raised approximately $205 million (BRL 1.15 billion) in a funding round announced on March 1, 2021, led by CapSur Capital, with participation from existing investors including Monashees, SoftBank, GGV, Microsoft (via M12), Sunley House Capital Management, and new investor Verde Asset Management. This round valued Loggi at close to $2 billion, marking its unicorn status upgrade from a prior $1 billion valuation in a $150 million SoftBank-led round in 2019. Loggi experienced explosive growth during the pandemic, with delivery volumes more than tripling in the two years prior to the round and surging 360% in 2020 alone amid Brazil's e-commerce boom. The company, founded in 2013 and headquartered in Sao Paulo, had previously raised around $261 million cumulatively (including a $111 million round in 2018) from investors like Kaszek Ventures, Iporanga Investimentos, Qualcomm Ventures, and Dragoneer. At the time, Loggi employed 2,000 people. Proceeds from the $205 million round were earmarked for expanding its network with seven new logistics centers across Brazil, investing in technology enhancements, and hiring hundreds more employees to shorten delivery times and support e-commerce growth. The investment marked Verde Asset Management's first foray into a non-public company, signaling rising interest from Brazilian hedge funds in private equity. Loggi competes with players like Rappi in Brazil's logistics space, operating amid expansions by e-commerce giants such as Mercado Libre and Amazon. CFO Thibaud Lecuyer highlighted the strategic addition of investors like Verde to prepare for future steps, including a potential IPO. |
| Jun 2019 | Series E | SoftBank Group (lead); Velt Partners; Microsoft; Fifth Wall; M12; Notable Capital | $150M | $1B | Loggi is a Brazilian logistics and delivery platform founded in 2013 by Fabien Mendez and Arthur Debert that operates across e-commerce, wholesale food delivery, and courier services. The company had built a Brazil-wide logistics network capable of reaching approximately 54% of Brazil's 210 million population and was executing over 350,000 deliveries per day by the time of this funding round. In June 2019, Loggi raised $150 million in its Series D funding round led by SoftBank's Latin America Fund, with participation from Fifth Wall, M12 (Microsoft's corporate venture arm), Notable Capital, Velt Partners, and GGV Capital. This round valued the company at over $1 billion, making Loggi Brazil's newest unicorn at that time. SoftBank had previously invested $100 million in Loggi as part of a $111 million Series C round in October 2018, demonstrating sustained confidence in the company's logistics business model. The company planned to deploy the new capital toward hiring 1,000 developers and establishing additional delivery hubs to accelerate service expansion across Brazil's attractive logistics market, which represented 12.7% of the country's GDP—significantly higher than the 7.8% logistics costs in the United States. |
| Oct 2018 | Series D | SoftBank Group (lead); Kaszek; M12 | $111M | - | Loggi is a Brazilian logistics startup founded in 2013, specializing in fast, cost-effective last-mile delivery using technology like mobile apps, AI, automation, and IoT. It serves e-commerce giants such as MercadoLibre, Amazon, Magazine Luiza, Dafiti, Via Varejo, Carrefour, and food delivery platforms including iFood, Rappi, McDonalds, and Burger King, while offering cheaper rates than national mail service Correios. By 2018, Loggi had built 24 urban sorting hubs and over 10,000 drivers using mobile payment devices, operating in a market where logistics accounts for 12.7% of Brazil's GDP versus 7.8% in the US. In 2018, Loggi raised $111 million in a Series D round led by SoftBank Vision Fund, with participation from Kaszek Ventures, Qualcomm Ventures, Iporanga Investimentos, and others including Microsoft Ventures. This followed a $15 million Series C in early 2017 led by Microsoft Ventures and IFC. Prior to the SoftBank round, Loggi had scaled with under $150 million total funding, spending about 80% of its then $145 million on logistics hubs for expansion, and around $40 million by mid-2018 without fully deploying SoftBank capital. Subsequent developments included a Series F in March 2021 raising $205 million (1.15 billion BRL) led by CapSur Capital at nearly $2 billion valuation. Total funding reached $507 million across seven rounds by later estimates, with focus on technical expansion like acquiring AI startup WorldSense in 2018 for engineering talent. |
| Feb 2017 | Series C | IFC Venture Capital Group (lead); Microsoft (lead); M12; International Finance Corporation | $15M | - | Loggi is a Brazilian logistics and delivery platform founded by Fabien Mendez that provides logistics infrastructure for e-commerce companies including Amazon and Mercado Libre. The company operates urban sorting hubs and a network of drivers using mobile payment devices across Brazil. In early 2017, Loggi raised $15 million in its Series C funding round led by Microsoft Ventures and the International Finance Corporation (IFC). This followed earlier investments from Kaszek Ventures, Qualcomm Ventures, and Iporanga Investimentos. By the time of this round, Loggi had scaled to include 24 urban sorting hubs across Brazil and over 10,000 drivers, accomplished with less than $150 million in total funding—demonstrating the company's capital efficiency. The capital was intended to support continued expansion of the logistics network and technology development. |
| Aug 2015 | Series B | Dragoneer (lead) | $15M | - | Loggi raised $15 million in a Series B round on August 24, 2015, from Dragoneer Investment Group. |
| Aug 2014 | Series A | MONASHEES (lead); Qualcomm Ventures (lead) | $3M | - | Loggi is a Brazil-based last-mile delivery service provider operating a mobile platform that connects clients with messengers, covering a significant portion of Brazil's population. In August 2014, it raised $3 million in a Series A round from Monashees and Qualcomm Ventures. This followed a $1 million seed round in August 2013 from Iporanga Ventures. |
| Aug 2013 | Seed | Iporanga Ventures (lead); Koolen & Partners | $1M | - | - |
Who has invested in Loggi?
18 investors have backed Loggi across its funding rounds, including M12, SoftBank Group, Microsoft, Notable Capital, MONASHEES and Qualcomm Ventures.
Lead investors include CapSur Capital, SoftBank Group, IFC Venture Capital Group, Microsoft, Dragoneer and 3 other investors.
Loggi Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
 United States | 4 | Participant | Feb 2017 | |
| Seattle, WA | 3 | Lead | Feb 2017 | |
 Tokyo | 3 | Lead | Oct 2018 | |
| San Francisco, CA | 2 | Participant | Jun 2019 | |
| São Paulo | 2 | Lead | Aug 2014 | |
| San Francisco, CA | 1 | Lead | Aug 2015 | |
| São Paulo | 1 | Lead | Mar 2021 | |
| San Diego, CA | 1 | Lead | Aug 2014 | |
 San Pablo | 1 | Participant | Jun 2019 | |
| São Paulo | 1 | Participant | Aug 2013 | |
| São Paulo | 1 | Participant | Oct 2018 | |
| Los Angeles, CA | 1 | Participant | Jun 2019 | |
| Washington, DC | 1 | Participant | Feb 2017 | |
This data is available for Pro users. Sign up to see all 18 Loggi investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Loggi
Loggi has acquired 1 company to date.
Last acquisition by Loggi was on October 10th 2018. Loggi acquired WorldSense for undisclosed valuation.
Latest Acquisitions by Loggi
| Description | WorldSense is a Belo Horizonte-based adtech company founded in 2015 that uses AI to match advertisers with publishers based on content relevance. Prior to its 2019 acquisition by Loggi, it processed 10 billion monthly impressions across Latin American sites. The platform optimized campaigns for e-commerce and finance verticals, achieving 30 percent higher click-through rates through semantic analysis. WorldSense integrated natural language processing for real-time bidding. |
| HQ Country | |
| HQ City | Belo Horizonte |
| Deal Date | 10 Oct 2018 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Loggi acquisitions and their M&A valuation multiples. Start Free Trial | |
Loggi Competitors
Loggi competitors include listed companies like Transfar Zhilian Co and Delhivery, and private ones like Uber Freight, Forto, EasyPost and Xpressbees.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| San Francisco, CA | Private | $211M | - | $3.3B | 15.6x | |
 China | Publicly listed | $3.7B | $258M | $1.9B | 1.3x | |
 Berlin | Private | - | - | $2.1B | - | |
| Salt Lake City, UT | Private | - | - | $1.5B | - | |
 Pune | Private | $271M | - | $1.4B | 5.2x | |
| India | Publicly listed | $1.1B | $80M | $3.4B | 2.7x |
Loggi Public Comps
Loggi is still privately-owned, but its public comps include Flex LNG, Mullen Group, STEF, Transfar Zhilian Co, SureKAM Corporation, GigaCloud Technology, Alexandria Containers and Goods, Xinhua Winshare, Mitsui-Soko Holdings and Hub Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $348M | $240M | 9.1x | 8.8x | 13.1x | 11.9x | |||
| $1.5B | $230M | 1.5x | 1.4x | 10.3x | 9.1x | |||
| $5.9B | $508M | 0.6x | 0.6x | 6.8x | 6.0x | |||
| $3.7B | $258M | 1.0x | 1.3x | 14.0x | 12.5x | |||
| $1.2B | $93M | 1.0x | 1.0x | 13.4x | 18.6x | |||
| $1.3B | $158M | 1.6x | 1.4x | 12.8x | 10.6x | |||
| $160M | $102M | 11.4x | 10.5x | 17.9x | 14.4x | |||
| $1.7B | $248M | 0.4x | 0.4x | 2.9x | 3.4x | |||
This data is available for Pro users. Sign up to see all Loggi competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Loggi
| When was Loggi founded? | Loggi was founded in 2013. |
| Where is Loggi headquartered? | Loggi is headquartered in São Paulo, Brazil. |
| Is Loggi publicly listed? | No, Loggi is a private, VC-backed company. |
| What is Loggi's valuation? | Loggi was last valued at $1.8B in its Series F in March 2021. |
| How much funding has Loggi raised? | Loggi has raised $495M across 7 funding rounds. |
| What was Loggi's last funding round? | Loggi's last funding round was a $200M Series F in March 2021, led by CapSur Capital. |
| Who are Loggi's investors? | Loggi's investors include M12, Microsoft, SoftBank Group, Notable Capital, MONASHEES, Dragoneer, CapSur Capital, Qualcomm Ventures, Velt Partners, Koolen & Partners and 8 others. |
| Which companies are comparable to Loggi? | Companies comparable to Loggi include Uber Freight, Transfar Zhilian Co, Forto, EasyPost, Xpressbees and Delhivery. |
| How many companies has Loggi acquired? | Loggi has acquired 1 company, including WorldSense. |
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