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- Logicbroker
Logicbroker Funding, Investors & Competitors
Logicbroker has raised $137M across 2 funding rounds, most recently a $135M undisclosed-stage round in October 2021.
Last Logicbroker funding round
$135M
Undisclosed stage · Oct 2021
Cumulative funding Logicbroker raised
$137M
across 2 funding rounds
Key investors in Logicbroker
Connecticut Innovations
K1 Investment Management
About Logicbroker
Logicbroker is a cloud platform facilitating drop shipping and eCommerce fulfillment that powers over $2.2 billion in annual online sales through connections among 4,000 brand suppliers and 140 retail channels. New York-headquartered, it enables retailers, brands, and third-party logistics providers to expand assortments via API integrations for marketplaces like Amazon and Walmart.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Logicbroker Funding History
Logicbroker has raised a total of $137M across 2 funding rounds.
Logicbroker's first fundraising round was a $2M Series A in August 2013. The most recent completed round was a $135M undisclosed-stage round in October 2021.
Logicbroker funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2021 | Undisclosed stage | K1 Investment Management (lead) | $135M | Logicbroker is a Connecticut-based cloud-based eCommerce platform that provides drop ship and marketplace automation capabilities to suppliers, retailers, brands, and third-party logistics providers. The company's software enables customers to manage fulfillment across multiple sales channels, including direct-to-consumer and major retailers like Amazon, Walmart, and Walgreens. Global brands including Mars Wrigley, Samsung, and Coca-Cola rely on Logicbroker's platform to manage their digital commerce operations. In October 2021, Logicbroker secured $135 million in growth equity funding from K1 Investment Management, a global investment firm specializing in high-growth enterprise software companies. K1 was drawn to Logicbroker's market leadership position and the company's strong customer satisfaction. The funding was intended to accelerate global expansion, enhance product capabilities, scale operations, and develop the company's cloud-based drop ship and marketplace automation platform further. At the time of the funding round, Logicbroker was demonstrating substantial momentum with 80% year-over-year revenue growth. The company managed over $5 billion in gross merchandise value annually and served more than 4,000 companies across five global regions. The company employed 65 people and had achieved profitability approximately six years prior to the investment. CEO Peyman Zamani noted that the company had raised less than $2 million in venture capital since 2013 and chose K1 specifically because of their focus on SaaS category leaders and their ability to support rapid international expansion. Logicbroker had recently launched a curated marketplace with an initial cohort of six customers, positioning this new offering as a key growth driver for the following quarters. The funding also supported expansion of the company's employee base and continued product development. Following the K1 investment, Logicbroker went on to make strategic acquisitions including Cortina in January 2024 and Virtualstock, further consolidating its market position in eCommerce fulfillment automation. |
| Aug 2013 | Series A | Connecticut Innovations (lead) | $2M | - |
Who has invested in Logicbroker?
2 investors have backed Logicbroker across its funding rounds, including Connecticut Innovations and K1 Investment Management.
Lead investors include K1 Investment Management and Connecticut Innovations.
Logicbroker Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Logicbroker
Logicbroker has acquired 2 companies to date.
Last acquisition by Logicbroker was on October 7th 2025. Logicbroker acquired Virtualstock for undisclosed valuation.
Latest Acquisitions by Logicbroker
| Description | Virtualstock is a Manchester-headquartered SaaS company delivering The Edge platform for enterprise supply chains. Serving UK retailers like Tesco, John Lewis Partnership, Argos, and Kingfisher, plus NHS trusts, it enables infinite aisle expansion, stock optimization, multi-channel fulfillment, and real-time inventory visibility across global networks. | Cortina runs a dropshipping marketplace platform connecting online retailers, brands, and suppliers without inventory commitments. It enables sites to import real-time product data, pricing, images, and inventory from unlimited vendors. Compatible with all ecommerce platforms, Cortina provides templates for vendor management, onboarding, billing, and operations. New York-based, the team draws from Gap Inc., Saks, and Gilt Groupe experience. |
| HQ Country | ||
| HQ City | Reading | New York City, NY |
| Deal Date | 7 Oct 2025 | 11 Jan 2024 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Logicbroker acquisitions and their M&A valuation multiples. Start Free Trial | ||
Logicbroker Competitors
Logicbroker competitors include listed companies like Alibaba Group, Manhattan Associates, Descartes Systems Group and Ingram Micro, and private ones like Olist and Meicai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.5B | - | ||
| Publicly listed | $153B | $15B | $266B | 1.6x | ||
| Publicly listed | $1.1B | $288M | $12B | 10.6x | ||
| Private | - | - | $7B | - | ||
| Publicly listed | $729M | $305M | $6.8B | 8.1x | ||
| Publicly listed | $53B | $1.1B | $6.3B | 0.2x |
Logicbroker Public Comps
Logicbroker is still privately-owned, but its public comps include Alibaba Group, Pinduoduo, MercadoLibre, Sea, JD.com, Coupang, LY Corporation, Manhattan Associates, Rakuten and Meesho.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $153B | $15B | 1.7x | 1.6x | 17.5x | 13.0x | |||
| $64B | $14B | 0.7x | 0.7x | 3.1x | 2.8x | |||
| $29B | $3.7B | 3.5x | 2.6x | 27.2x | 25.1x | |||
| $23B | $2.4B | 2.5x | 2.0x | 24.3x | 16.5x | |||
| $195B | $4.3B | 0.1x | 0.1x | 6.7x | 6.7x | |||
| $35B | $1B | 0.7x | 0.7x | 25.5x | 28.9x | |||
| $13B | $3B | 2.8x | 2.6x | 11.9x | 10.3x | |||
| $1.1B | $288M | 11.2x | 10.6x | 42.2x | 29.7x | |||
This data is available for Pro users. Sign up to see all Logicbroker competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Logicbroker
| When was Logicbroker founded? | Logicbroker was founded in 2010. |
| Where is Logicbroker headquartered? | Logicbroker is headquartered in Bridgeport, CT, United States. |
| Is Logicbroker publicly listed? | No, Logicbroker is a private, VC-backed company. |
| How much funding has Logicbroker raised? | Logicbroker has raised $137M across 2 funding rounds. |
| What was Logicbroker's last funding round? | Logicbroker's last funding round was a $135M undisclosed-stage round in October 2021, led by K1 Investment Management. |
| Who are Logicbroker's investors? | Logicbroker's investors include Connecticut Innovations and K1 Investment Management. |
| Which companies are comparable to Logicbroker? | Companies comparable to Logicbroker include Olist, Alibaba Group, Manhattan Associates, Meicai, Descartes Systems Group and Ingram Micro. |
| How many companies has Logicbroker acquired? | Logicbroker has acquired 2 companies, including Virtualstock and Cortina. |
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