Village of 100: The Logistics Industry Represented by 100 Startups
This report gives you a clear-cut overview of what the logistics industry looks like represented by 100 global startups. More specifically, you get answers to some of your most burning questions in the Village of 100 Startups graphic below. The graphic highlights how many startups leverage robotics, how many raised more than $1M, and how many have female founders. Additionally, you get to discover three emerging logistics startups to watch.
Our Innovation Researchers analyzed 3.487 startups to answer these three questions, taking into account factors such as founder demographic, funding, founding year, locations, and more. The data behind this comes from the StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. And while we looked at a few parameters here, the platform provides you with an extensive range of filters to ensure you discover the right startups and innovations for your needs.
1 in 4 Startups use Robots to Automate Tasks
26% of all logistics startups automate tasks with robotics solutions. Drones, automated guided vehicles, and robots enable warehouse automation for effective inventory management. Logistics startups use artificial intelligence (AI) and computer vision to automate tasks like warehouse navigation, pick and place, object recognition.
RIOS is a US-based startup that provides automation-as-a-service for logistics and supply chain operations. The startup’s robot, DX-1, recognizes parts and performs pick and place functions with haptic interaction.
Over 1 in 4 Startups Raised $1M or more
Among logistics startups that have raised any funding in the last 5 years, 27% have raised over $1M. Solutions in last-mile delivery and freight platforms receive the most funding in the industry. Even for last-mile delivery, newer technologies like drones and autonomous vehicles receive more funding than others.
French startup Flowlity uses artificial intelligence to synchronize supply chain planning. The startup’s software connects an enterprise with its suppliers and customers, enabling optimal stock recommendations for all without the need to share sensitive data. Flowlity raised a seed round of $1.1M in 2019.
1 in 5 Logistics Startups have Female Founders
19% of all logistics startups have at least one female co-founder. While the number of women has increased in recent years, there’s still work to be done to improve their numbers in visible, leadership roles.
Sparrows is an Australian startup providing real-time actionable alerts for logistics. The startup tracks location and monitors temperature of freights and assets. The startup was founded by Andrea Watson in 2018.
The Global Distribution of Logistics Startups
The Global Distribution Map below highlights the geographical distribution of logistics startups globally. Two-thirds of the startups in the industry are located in either North America or Europe. Asia-Pacific also houses 900+ startups developing solutions ranging from additive manufacturing and data visualization to route planning.
What else is happening in the Logistics Industry?
Logistics startups also focus on specialized requirements such as cold chains or pharma supply chains. The industry is also rapidly incorporating newer technologies such as the Internet of Things (IoT) and blockchain. To improve warehouse management, startups are also developing solutions for 3D scanning and warehouse dimensioning, among other areas. Lastly, green logistics solutions reduce the carbon footprint of supply chains.
Are you looking for innovative logistics solutions or technologies? Explore our Top 10 Logistics Industry Trend Report or let us do the work for you. We keep you up-to-date on the latest technology and emerging startups and give you actionable innovation intelligence – quickly and exhaustively.