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Logmore is a technology company.
Logmore develops QR data loggers and a complementary cloud service for scalable, cost-efficient condition monitoring. Their core product enables continuous data recording, transforming logistics by providing clear, fast, and secure data logging capabilities that bring big data and IoT to fruition for supply chain management. The system allows users to define "Missions" to manage collected data and generate comprehensive reports for analysis.
Founded in 2017 by Antti Tapio, Janne Juhala, and Niko Polvinen, Logmore emerged from the insight that significant uncertainty and product spoilage plagued global supply chains. The co-founders aimed to address this pervasive problem, creating a solution that would provide transparency and control over goods in transit, thereby reducing waste and improving operational efficiency across various industries.
The company serves a broad customer base, including sectors such as logistics, pharmaceuticals, and food, all of whom require precise condition monitoring for their products during transportation. Logmore's long-term vision is to minimize global waste and spoilage by enhancing supply chain visibility, continually evolving its services to meet evolving customer needs and fostering a smarter, more efficient global movement of goods.
Logmore has raised $9.9M across 2 funding rounds.
Logmore has raised $9.9M in total across 2 funding rounds.
Logmore has raised $9.9M in total across 2 funding rounds.
Logmore's investors include Tomosaku Sohara, Icebreaker.vc, Jaakkoo-Taara, Tekton Ventures, Trind Ventures.
Logmore is a Finnish technology company founded in 2017 that develops hybrid data loggers using patented dynamic QR code technology for real-time condition monitoring in supply chains.[1][2][6] It serves industries like pharmaceuticals, electronics, food, logistics, and perishables by providing compact, reusable tags that track temperature, shock, humidity, and other factors, paired with a scalable cloud platform for data analysis, dashboards, and API integration to ensure transparency, reduce waste, and automate quality assurance.[1][3][4][5] With over 40 international team members supporting 400 global customers, Logmore demonstrates strong growth momentum through partnerships like the Artekno Smartbox and emphasis on sustainability via multi-use devices that outperform traditional USB loggers in efficiency and eco-friendliness.[5][6]
Logmore originated from a quintessentially Finnish inspiration: chopping firewood, which sparked the idea for a revolutionary IoT data logging solution to address cumbersome existing tools like bulky devices, cable-dependent interfaces, and manual data handling.[6] Co-founded by CEO Niko Polvinen, the Helsinki-based company launched in 2017, focusing on small, affordable QR tags that dynamically update with measurements and sync to the cloud via simple smartphone scans, eliminating proprietary infrastructure needs unlike RFID or Bluetooth alternatives.[1][2][6] Early traction included a major product development project with Finnish packaging leader Artekno, culminating in the 2019 Artekno Smartbox—an integrated thermal box with embedded Logmore tags—marking a pivotal step in scaling for sensitive shipments.[6]
Logmore rides the wave of IoT and big data convergence in supply chains, capitalizing on rising demands for resilient, transparent logistics amid global disruptions like pandemics and climate events that amplify needs for cold chain integrity in pharma, food, and electronics.[1][2][4] Its timing aligns with market forces favoring sustainable, scalable monitoring—evidenced by competitors like Roambee, Tive, and OnAsset—where Logmore differentiates via cost-effective QR innovation that democratizes data access without heavy infrastructure, reducing waste and enabling predictive analytics.[1] By influencing the ecosystem through 400+ customers and integrations, it pushes standards for product-level visibility, fostering a "wiser" global supply chain with minimized disputes and optimized earnings.[2][5]
Logmore is poised for expansion by leveraging its QR-IoT edge in direct-to-patient and e-commerce shipments, with API-driven automations attracting larger enterprises amid growing regulatory pressures for traceability.[3][4] Trends like AI-enhanced analytics, edge computing, and sustainability mandates will shape its path, potentially amplifying influence through more strategic partnerships and global scaling beyond its 400-customer base.[5] As supply chains demand ever-greater transparency, Logmore's simple, secure loggers position it to redefine condition monitoring standards, turning everyday scans into waste-reducing intelligence.
Logmore has raised $9.9M across 2 funding rounds. Most recently, it raised $4.9M Series A in April 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 28, 2020 | $4.9M Series A | Tomosaku Sohara | Icebreaker.vc, Jaakkoo-Taara, Tekton Ventures, Trind Ventures |
| Apr 1, 2020 | $5.0M Seed | Icebreaker.vc |