Octup, a Tel Aviv, Israel-based developer of a real-time AI operations platform for third-party logistics suppliers (3PLs), raised $12M in Seed funding.
The spherical was led by Shine Capital and JAL Ventures, with participation from Stone Capital, Tal Ventures, and HCS Capital.
The corporate intends to make use of the funds to triple its headcount, speed up product growth in AI-powered forecasting and exception administration, and develop its footprint within the North American market.
Led by CEO and Founder Alon Partuk, Octup helps 3PL corporations and Ecommerce manufacturers develop by means of smarter, real-time logistics administration. Its AI-powered platform connects on to WMS, ERP, and delivery programs to unify operational information and ship clear dashboards, automated billing, SLA monitoring, and proactive alerts.
The corporate operates throughout three international hubs: Tel Aviv, Toronto, and Austin, Texas
FinSMEs
22/07/2025
