Logsta secures 7‑figure investment from Round2 Capital
Vienna/Leobersdorf — Logsta, the logistics scale-up from Austria, with warehouse locations in Austria, Germany, UK and USA, improves the efficiency of logistics processes many times over with its highly innovative IT platform. For the company with over 860 satisfied customers like NEOH and Novritsch, the new year starts with positive investment news. The company secures a 7‑digit financing from the Viennese investment fund for growth financing, Round2 Capital, in order to conquer further international markets and expand the IT platform, among other things. The highlight: Logsta does not give away shares in the company as usual, but instead Round2 Capital participates in the company’s sales until a predefined upper limit has been reached.
Many people today rely — full-time or part-time — on e‑commerce to sell their products. However, many SMBs, sole proprietors and startups involved in e‑commerce that only distribute small quantities or have special or creative packaging needs often face the difficulty of finding a logistics company willing to work with them and provide a digitized logistics process solution for businesses of any size. Georg Weiß, Christoph Glatzl and Dominik Bieringer recognized this in 2017 and launched the logistics startup Logsta.
The goal of the three founders was to support companies that were simply too small or had too high digitalized requirements for the classic logistics companies with uncomplicated and customized logistics services worldwide from a single source and at fair prices: From innovative IT tools, warehouse locations in the USA, Germany, Austria and England, fast support for worldwide shipments to modern e‑fulfillment as well as favorable shipping conditions. Now outgrown its start-up shoes, the scale-up has over 860 international customers and over 2 million products in its warehouses. With the specially developed Logsta-Connector, customers can control and check their logistics worldwide free of charge, it enables 24/7 inventory check, expiration date management, batch management, order status insight and much more.
In order to realize further expansion plans, the three founders have raised a 7‑digit euro amount from Round2 Capital, the investment fund for growth financing. The Vienna-based investment fund is a European pioneer in revenue-based financing, investing in leading scale-ups in the technology and software sectors in Europe. It is a simple, transparent and flexible financing instrument for companies in the growth phase, which offers non-dilutive financing against revenue sharing up to a predefined cap. The advisor for this growth financing was i5Invest, which sees this measure as an important step for Logsta in terms of scaling and internationalization.
“We have found the ideal partner for us in Round2. They convince with their flexible financing solution, which gives us the chance to accelerate our growth and conquer more international markets,” said the founders of Logsta.
Christian Czernich, CEO and Co-Founder Round2 Capital Partners: “We are impressed by the dynamism and ingenuity of the Logsta team. The founders have managed to build a highly innovative and now globally operating company in a short period of time without external funding. Logsta’s digital logistics solutions enable both large and small companies to get their products sold online to the end customer quickly, reliably and cost-effectively.”
About Round2 Capital Partners
Round2 Capital is a fast-growing European investment firm with €30 million under its management. The Vienna-based company is a strong partner for European scale-ups with digital and sustainable business models. Since its inception in 2017, Round2 Capital has been pioneering revenue-based financing in Europe and is active in several European countries, with a focus on Germany, Switzerland, Austria and the Nordic countries. To date, Round2 Capital has invested in 14 different companies, with Logsta being the newest company in the portfolio. www.round2cap.com