Munich-based Alaiko has raised a total of $30 million in a Series A funding round, and promises to revolutionise e-commerce logistics for direct-to-consumer brands via its fulfillment automation platform. The capital is slated to be used to further develop the company’s operating system, expand its fulfillment services and network of key logistics partners, and significantly grow the international team, particularly in the areas of product and sales.
Joining the likes of everstox, Hive, byrd, Scurri, Cubyn, and the list goes on and on, Alaiko offers much the same: e-commerce brands can offer end consumers free shipping, next-day delivery, and self-serve order management features. Likewise, “state-of-the-art warehousing, operational excellence, and automated process control,” are all on tap via Alaiko.
“Scaling their operations is a key bottleneck for fast growing e-commerce brands today. Together with some of the smartest people from the industry we've developed an automated and tech-driven fulfillment platform which enables next-level e-commerce performance that puts the shoppers’ experience first,” commented founder and CEO Moritz Weisbrodt.
Alaiko’s $30 million Series A round was led by Next47 (also backers of sennder) with participation from Tiger Global and angel investors including Vestiaire Collective and Lazada founder Maximilian Bittner, and early Shipmonk investors Dan Dershem and Dave Anderson. Previous backers include undisclosed founders and C-level executives from DB Schenker, Alibaba, HomeToGo, Adyen and Scalable Capital.
“Alaiko has been demonstrating unbeaten revenue growth fueled by their strong SaaS offering and deep complementary domain expertise of the founding team. Instead of going with either an asset-heavy or an asset-light approach, Alaiko – with their hybrid model – opted for combining the best of both worlds and their unmatched traction proves them right,” commented Next47’s Daniel Kirchleitner.