Supply chain startup in the spotlight: Localz

Founded in 2013 in Melbourne, Australia, and having recently opened an additional office in London, UK, Localz claims that we now live in the ‘Individual Economy’ (Iconomy). 

The Iconomy is shaped by consumer expectations of getting what they want, when and where they want it; today’s customers want to know when their delivery or service is coming and to have the flexibility to change details. Therefore, Localz positions itself as ‘delivering technology for Iconomy fulfilment’. The company enables retailers, logistics companies and field services to thrive in meeting their customers’ expectations based on field-service communications and messaging, click & collect and real-time, location-based, last-mile delivery solutions.

The Localz team, headed up by CEO Tim Andrew, currently amounts to around 40 people. Localz is already working with the likes of retailers Woolworths Australia and John Lewis, DPD UK and KPMG. In September 2017, the startup closed a multi-million-dollar funding round led by the venture capital firm Notion Capital and also involving GeoPost SA, owner of delivery company DPD Group. This brings the total amount of funding secured so far up to nearly five million dollars. Localz intends to enter the US market in the near future and expects to double in size by the middle of this year.