Inteluck

About Inteluck

Inteluck operates as a data-driven, third-party logistics (3PL) provider in Southeast Asia, targeting the region's estimated $300 billion logistics market. Founded in 2014 by Kevin Zhang, the company was initially established in the Philippines as an IoT SaaS platform to help trucking companies monitor their fleets. It has since evolved into a comprehensive B2B logistics service platform, with headquarters now in Singapore and operations in the Philippines, Thailand, and Vietnam.

The company's founder, Kevin Zhang, a graduate of Nankai University in China, was inspired to create Inteluck after a trip to the Philippines where he identified significant inefficiencies in fleet management. Prior to Inteluck, Zhang developed two language-learning apps that achieved a combined one million downloads in six months. His experience in his family's business and his technical background in Management Information Systems informed his approach to solving complex logistics challenges. This led to the development of Inteluck, which aims to provide more efficient and cost-effective solutions for enterprises while enabling better livelihoods for small and medium-sized logistics providers.

Inteluck's business model focuses on aggregating the highly fragmented supply of trucking companies for medium to large-sized enterprise clients. The company provides a digital platform offering a range of services including domestic full truckload (FTL) transportation, warehouse management, freight forwarding, cross-border transport, and other customized supply chain solutions. This one-stop solution gives clients access to an on-demand fleet of over 14,000 delivery trucks, allowing them to expand geographical coverage, monitor shipments in real-time, and scale operations during peak periods. The platform leverages IoT and data analytics to optimize delivery processes, combining real-time data from its fleet with external information like road conditions and weather to improve efficiency and reduce costs. Inteluck serves over 300 enterprise customers across various sectors, including telecommunications, FMCG, manufacturing, and e-commerce, counting brands like Coca-Cola, Nestlé, and Asia Brewery among its clients.

The company has demonstrated significant growth, reporting a revenue increase of 512 percent over three years and securing a total of $56 million in funding across five rounds. Its most recent funding was a $34 million Series C round in October 2023, led by Navegar, with participation from existing investors like East Ventures. This capital is intended to fuel further expansion in existing markets and potential entry into others like Malaysia.