LogBook closed its pre-seed funding round raising more than USD 1 million. Led by QBIT Capital and joined by a group of business angels, the investment will empower the startup to further enhance its platform and accelerate the mission to establish the global standard for operational location master data in logistics.
LogBook has developed a proprietary data gathering and analysis system that consolidates valuable insights about logistics locations into one centralized platform. The solution significantly reduces the complexity and time associated with manual research, providing clients with easily accessible and actionable data for their logistics needs. The goal is to streamline logistics operations, enhance transparency, and make supply chains more resilient and sustainable.
The company leverages a mix of humans and AI technology to provide a comprehensive collection of data. AI agents constantly source new information, humans in the loop help to assure a high data quality.
Co-founded by Leonard Göltl and Bernhard Elkuch in 2024, LogBook has already become recognized for its innovative approach to centralizing and updating crucial location data within the logistics industry. Leonard Göltl, Co-Founder of LogBook, said. “In my past work experience, I tried to buy a solution on the market that will give me the geo-fences and meta-data for locations such as capabilities etc to reduce operational issues and power real-time visibility, but there was none. It was a clear sign to go and build something needed in the market.”
The pre-seed funding will fuel LogBook's continued product development and expansion efforts. With this pre-seed funding, LogBook is well-positioned to lead the charge towards autonomous logistics and redefine the future of the industry. The round was led by QBIT Capital and joined by privated investors and the Swisspreneur syndicate.
"We are delighted to have the support of QBIT Capital and our carefully selected group of business angels as we embark on the next phase of LogBook's growth," said Bernhard Elkuch, Co-Founder of LogBook. "This funding will empower us to further enhance our platform and accelerate our mission to establish the global standard for operational location master data in logistics."
"We believe in LogBook's vision to transform logistics management, and we are excited to partner with them on this journey," added Georges Khneysser, Founder of QBIT Capital.
(Press release / SK)
Photo L-R: Leonard Göltl and Bernhard Elkuch
The new Swiss Venture Capital Report was published on 26 January. It analyses 304 financing rounds closed in 2020 and includes further article such as an interview with Michael Hengartner, President of the ETH Board, and a list of Swiss "soonicorns". 
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