OlymTech Corporation

About OlymTech Corporation

OlymTech Corporation, established in 2002 by a collective of IT and logistics experts from Silicon Valley and China, provides cloud-based IT solutions for the international freight forwarding and logistics sector. The company has secured continuous funding from notable investors including TTGG, Langshen Investment, IDG Capital, Matrix Venture, and Yunqi Venture. Since a Series A round in June 2015 that raised $20 million, OlymTech has raised a total of $34.3 million over three funding rounds.

The company's core business revolves around its vertical business network platform which serves over 1,500 top-tier freight forwarders and 150,000 active users. OlymTech's business model is centered on providing Software-as-a-Service (SaaS) solutions that streamline logistics operations. The firm has established a significant presence in major Chinese logistics hubs such as Shanghai, Shenzhen, and Guangzhou, supported by three R&D centers in Hangzhou, Shanghai, and Ningbo.

OlymTech's product portfolio includes two main offerings. CargoGM is a suite of cloud applications designed to help enterprise clients build their own online-to-offline (O2O) platforms. Complementing this is CargoPM.com, an online marketplace that facilitates collaboration and transaction fulfillment between users and their global business partners on a unified platform. This dual-product strategy allows OlymTech to cater to both the internal operational needs of logistics companies and their external B2B interactions.