OpenLogi

About OpenLogi

OpenLogi offers a logistics fulfillment platform that standardizes and networks siloed logistics operations. The company was founded in December 2013 by CEO Hidetsugu Ito. Ito's prior experience as a founding member of the e-commerce magazine subscription site, Fujisan Magazine Service, exposed him to the challenges in the logistics domain, inspiring him to establish OpenLogi. The company aims to address issues in the logistics industry, such as labor shortages and operational inefficiencies, by creating a "physical internet" that connects shippers, warehouses, and delivery companies through technology and data.

The company operates on a business model that combines a Business Process Outsourcing (BPO) service with a Software as a Service (SaaS) offering for both shippers and warehouses. It provides a cloud-based, asset-light logistics outsourcing service with a pay-as-you-go pricing structure and no fixed costs, targeting e-commerce businesses of all sizes, from sole proprietors to large corporations. OpenLogi does not own warehouses but partners with logistics companies, utilizing their available space to create a nationwide network. This model allows for the automation of the entire logistics process, from warehousing and inventory management to packing and shipping. The platform features a user-friendly interface for managing operations and integrates via API with major e-commerce platforms like Shopify, Yahoo! Shopping, and eBay, enabling automated order fulfillment.

Since its inception, OpenLogi has achieved several milestones, including raising approximately 6.3 billion yen in total funding across several rounds, with a Series D round of about 3.55 billion yen in February 2024. The company has expanded its services to include handling frozen and refrigerated goods, cross-border e-commerce support, and partnerships with services like Mercari for their "Atoyoro Mercari Bin" service. As of January 2024, the platform had approximately 13,000 registered user accounts. OpenLogi's vision is to revolutionize the flow of goods through data and technology, ultimately contributing to the creation of the "physical internet."