Loggi Technology International

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Founded in 2013, Loggi Technology (“Loggi”) is a Brazilian technology company that enables businesses, retailers, e-retailers, and restaurants to access a sizeable network of independent motorcycle couriers through its technology platform to provide fast, efficient, and seamless delivery services in urban areas. Its primary interface with users is through smartphone app that connects independent motorcycle couriers with delivery assignments requested by end-users; Loggi retains a fee on each delivery and assists with other transactions (like payments for restaurant deliveries), also on a for-fee basis. It has recently launched a similar service for independent small delivery vans, focused primarily on next-day deliveries of package-sized e-commerce purchases. Its app-based delivery platforms currently regroup more than 2,600 motorcycle couriers and 140 van drivers (who also drive their own vehicles). Based in greater São Paulo, Loggi also has operations in the cities of Rio (Rio de Janeiro state), Belo Horizonte (Minais Gerais state), Curitiba (Paraná state), and Porto Alegre (Rio Grande do Sul state), with plans to expand to other states as well. In addition to administrative offices in the São Paulo region, Rio, Belo Horizonte, and Curitiba, it also has a distribution center in São Paulo for “cross-docking” purposes (repacking bulk e-commerce orders originating from clients’ warehouses into smaller batches for at-home deliveries by vans and motorcycles), with plans for adding others. The company is owned by its founders and initial investors, including Kaszek Ventures, Qualcomm Ventures, Monashees Capital, and Dragoneer Investment Group. IFC is considering an equity investment of approximately $5 million. Funding will be used expand growth in 10 cities throughout Brazil.