LOGIVAN
LOGIVAN is a technology company.
Financial History
LOGIVAN has raised $8.6M across 3 funding rounds.
Frequently Asked Questions
How much funding has LOGIVAN raised?
LOGIVAN has raised $8.6M in total across 3 funding rounds.
LOGIVAN is a technology company.
LOGIVAN has raised $8.6M across 3 funding rounds.
LOGIVAN has raised $8.6M in total across 3 funding rounds.
LOGIVAN has raised $8.6M in total across 3 funding rounds.
LOGIVAN's investors include Matrix Partners China, Insignia Ventures Partners.
LOGIVAN is a Vietnam-based technology company that digitizes and optimizes freight transportation through its proprietary FreightOS™ platform, matching available trucks with cargo loads in real-time to reduce costs, emissions, and inefficiencies.[1][2] It serves shippers (large brands seeking cost savings and supply chain improvements) and truckers/fleet owners (by providing regular orders on preferred lanes), addressing Vietnam's fragmented logistics sector where 90% of trucking companies have fewer than 5 trucks.[1][3] The platform solves core problems like empty truck runs, high costs, and low efficiency via automation, AI-driven matching, and green initiatives such as electric trucks, with early traction including over 1,700 truckers and US$1 million in gross merchandise volume shortly after launch.[1][2]
Since its founding in 2017, LOGIVAN has gained momentum through awards like PITCH 2018 winner, venture funding, and partnerships with industry leaders, positioning it as Vietnam's leading digital freight network and a pioneer in sustainable logistics.[1][2]
LOGIVAN was founded in 2017 (with some sources noting 2016) in Ho Chi Minh City, Vietnam, by Linh Pham, who serves as CEO.[1][2][5] Pham launched the trucking centralization platform just nine months prior to early recognition, driven by the need to streamline Vietnam's inefficient logistics network plagued by fragmentation and underutilized truck capacity.[2][3] Early pivotal moments included rapid adoption by over 1,700 truckers, achieving over US$1 million in gross merchandise volume, and winning PITCH 2018 at RISE Conference, praised by judges for its logistics innovations.[2] This traction humanized the startup's mission to empower truck drivers' livelihoods while cutting shippers' costs.[1]
LOGIVAN rides the wave of digital logistics transformation in Southeast Asia, particularly Vietnam's booming e-commerce and manufacturing-driven freight demand amid infrastructure gaps.[1][3] Its timing aligns with rising sustainability pressures and government pushes for green logistics, where fragmented trucking (90% small operators) creates ripe opportunities for AI platforms to consolidate capacity like Uber for trucks.[2][3][4] Market forces favoring LOGIVAN include Vietnam's GDP growth fueling supply chain needs and global shifts to low-emission transport; it influences the ecosystem by pioneering electric trucking adoption and setting efficiency benchmarks, similar to peers like Loadsmart or Cargomatic but tailored to emerging markets.[1][2]
LOGIVAN is poised for expansion as Southeast Asia's freight marketplace, scaling its AI platform regionally while deepening green tech integrations like electric fleets amid tightening emissions regulations.[1][4][5] Trends such as AI optimization, e-commerce surges, and ESG investing will propel growth, potentially evolving its influence from Vietnam disruptor to regional leader—building on its foundational efficiency gains to capture more of the underserved trucking pie.[2][3] This positions LOGIVAN to sustain its momentum from early wins into a dominant digital freight force.
LOGIVAN has raised $8.6M across 3 funding rounds. Most recently, it raised $6.0M Series A in February 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2019 | $6.0M Series A | Matrix Partners China | |
| Aug 1, 2018 | $2.0M Series A | Insignia Ventures Partners | |
| Mar 1, 2018 | $600K Seed | Insignia Ventures Partners |