Locus Raises $50 Million In Series C Funding Led By Gic With Participation From Qualcomm Ventures And Existing Investors
Amount Raised
$50 Million
Round Type
Series C
San FranciscoOtherSustainabilitySoftwareData And AnalyticsScience And EngineeringDescription
Locus, a future-ready platform that automates supply chain decisions, today announced that it has raised $50 million in Series C funding led by GIC, Singapore's sovereign wealth fund, with participation from Qualcomm Ventures LLC and existing investors Tiger Global and Falcon Edge. Noted angel investors Amrish Rau, CEO of Pine Labs, Kunal Shah, CEO of Cred, Raju Reddy, founder of Sierra Atlantic, and Deb Deep Sengupta, former President & MD, SAP South Asia, also participated in the round.
Quick answer
Locus raised $50 Million in a Series C round, dated June 2, 2021. Locus is based in San Francisco, California, United States.
- How much did Locus raise?
- Locus raised $50 Million in a Series C round on June 2, 2021.
- What does Locus do?
- Locus is a technology platform that uses machine learning and proprietary algorithms to automate complex supply chain decisions.
- Where is Locus based and how big is it?
- Locus is based in San Francisco, California, United States.
Source: Fundz verified event record.
Who else raised in Sustainability and Data And Analytics around the same time
Companies in the same sectors as Locus that raised within 45 days of this round, from Fundz verified event records.
- Health Catalyst raised $47M on July 12, 2021.
- Salt Security, Inc. raised $68M on June 16, 2021.
- Pagos Solutions, Inc. raised an undisclosed amount on June 14, 2021.
- AutoRABIT raised $15M (Funding Round) on June 10, 2021.
- Aria raised $46M (Series A) on June 9, 2021.
- Stellar Health raised $56M on June 8, 2021.
Who to call at Locus, and when
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- An alert the day Locus raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Locus, from your own LinkedIn network
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Locus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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