FundedIQ
Commerce and Shopping

LOBB: Funding, Investors & Team (Sep 2026)

Founded in 2015, with a mission to work with the next billion netizens & Digitally Disrupt Logistics. We enable Transporters & Truckers to “Connect, Discover & Transact Freight” in a friction less manner by leveraging the best of technology and building innovative solutions ground-up, that are relevant at a global scale. Indian logistics industry has over 10 million long haul trucks, most of them owned by small truck owners struggling to find the right loads on time. We aim to empower them through our prop Truck Discovery Model, by creating a unique network of fleet, routes and nodes aligned to demand - supply and move to machine based matching engine.

lobb.in LinkedIn Bangalore, India 51-100 employees
E-Commerce Logistics Service Industry Transportation
Total raised
$4.0M
Rounds
2
Latest
Seed
Jul 2024

LOBB has raised $4.0M across 2 funding rounds on record, the most recent a Seed of $2.9M announced in Jul 2024.

That round is below the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.

LOBB Company Profile and Key Stats

Total funding raised
$4.0M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Seed
$2.9M in Jul 2024
Employees
51-100
reported band
Headquarters
Bangalore, India

Latest funding round on record: Jul 2024.

LOBB Funding Rounds

Date
Round
Amount
Seed
$2.9M
Seed
$1.1M

LOBB raised $1.1M in a Seed announced in Mar 2022.

2.3 years later, a Seed of $2.9M was announced in Jul 2024.

LOBB Founders and Leadership Team

Name
Role
Contact
Venu Kondur
Founder
Locked

Contact details for the LOBB team: 1 of 1 has an email address on file.

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LOBB Funding Compared to Other Commerce and Shopping Startups

Segment
Companies
Median round
3,233
$3.0M
16,575
$3.1M

LOBB's latest round of $2.9M is below the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.

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LOBB Funding FAQs

What does LOBB do?

Founded in 2015, with a mission to work with the next billion netizens & Digitally Disrupt Logistics. We enable Transporters & Truckers to “Connect, Discover & Transact Freight” in a friction less manner by leveraging the best of technology and building innovative solutions ground-up, that are relevant at a global scale. Indian logistics industry has over 10 million long haul trucks, most of them owned by small truck owners struggling to find the right loads on time. We aim to empower them through our prop Truck Discovery Model, by creating a unique network of fleet, routes and nodes aligned to demand - supply and move to machine based matching engine.

How much funding has LOBB raised?

LOBB has raised $4.0M across 2 rounds on record. The most recent is a Seed of $2.9M announced in Jul 2024.

When did LOBB last raise funding?

LOBB's most recent funding round on record is a Seed of $2.9M, announced in Jul 2024.

Who founded LOBB?

FundedIQ lists Venu Kondur (Founder) at LOBB.

Where is LOBB headquartered?

LOBB is based in Bangalore, Karnataka, India.

How many employees does LOBB have?

LOBB is in the 51-100 employee band.

How does LOBB's funding compare to other Commerce and Shopping startups?

LOBB's latest round of $2.9M is below the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.

About FundedIQ's LOBB Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for LOBB is left off this page rather than filled in.

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