The financing will enable the company to continue developing its platform and capitalize on the shift to ecommerce and the need for new flexible solutions with faster implementation times.

The investment was led by NewRoad Capital Partners, an operator-led, demand driven investment firm focused on growth-oriented companies in supply chain and logistics and innovative consumer companies. Existing investors, Valor Siren Ventures, Runway Venture Partners, Spider Capital and Launch Capital also participated.

Logiwa is the leading cloud fulfillment software for high-volume direct-to-consumer brands, wholesalers, and 3PLs. The Logiwa Cloud Fulfillment Platform is an integrated WMS and order fulfillment system that makes it easy to run a digital warehouse and scale your high-volume DTC fulfillment operations. Logiwa's solution works where traditional WMS systems fail: it connects quickly with new online stores and marketplaces, makes it easy to run a digital warehouse, and is easily updated to support dynamic warehouse environments.