Octup Raises $12M Seed to Supercharge AI-Powered Logistics for 3PLs

Octup empowers logistics teams to anticipate issues, streamline operations, and scale smarter.

Octup Raises $12M Seed to Supercharge AI-Powered Logistics for 3PLs
Source: Octup

Company Name: Octup

Location: Tel Aviv, Israel (with hubs in Toronto and Austin, TX)

Industry: Logistics / Supply Chain Tech

Funding Details:

  • Amount: $12M (Seed)
  • Investors:
    • Lead: Shine Capital, JAL Ventures
    • Participants: Stone Capital, Tal Ventures, HCS Capital

Purpose of Investment:

  • Triple headcount
  • Accelerate AI product development in forecasting and exception management
  • Expand in North America

Leadership:

  • Founder & CEO: Alon Partuk

Product: Octup’s real-time AI operations platform helps third-party logistics providers (3PLs) and Ecommerce brands manage logistics more efficiently by connecting WMS, ERP, and shipping systems.

About Company: With intelligent dashboards, proactive alerts, automated billing, and SLA tracking, Octup empowers logistics teams to anticipate issues, streamline operations, and scale smarter. The platform enables real-time decision-making and seamless data unification across complex logistics stacks.