Elon's Vision
  • Contacts
  • Privacy Policy
  • Terms & Conditions
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Elon's Vision
No Result
View All Result
Home Investing

Swedish logistics platform Alrik raises €7m to build global OS for construction industry

by
May 28, 2025
in Investing
0
Swedish logistics platform Alrik raises €7m to build global OS for construction industry
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Swedish startup Alrik has secured new investment to accelerate its mission of transforming construction logistics, raising fresh funding led by Nordic VC People Ventures and with further backing from existing investor Pi Labs.

The new capital brings the company’s total raised to €7 million.

Alrik is building what it describes as the global construction logistics operating system, a connected platform that unites suppliers, merchants, carriers, truck drivers and construction sites. Already a dominant player in the Nordics with customers including Saint-Gobain, Byggmax, Renta, Sonsab, XL-Bygg and Karl Hedin, the startup is now expanding across northern Europe.

“Think of Alrik as the Doordash for building material merchants,” said founder and CEO Nici Sundén-Cullberg. “We take care of the messy logistics so our customers can focus on selling and serving construction sites.”

Co-founder and chief product officer Axel Enblad said the platform replaces analogue workflows and fragmented systems with an integrated digital infrastructure. “We automate dispatching, optimise transport sourcing, manage invoicing, and connect seamlessly with ERPs, carriers, drivers and job sites,” he said.

Construction is a €15 trillion industry, with an estimated 10% of spend tied up in logistics — much of which still relies on manual processes and phone calls. Alrik’s software platform streamlines these operations, offering features such as automated emissions tracking and full invoicing integration. On average, customers report a 25% reduction in logistics costs per delivery.

Usage has surged over the past year, with revenue and app activity increasing more than tenfold. Monthly shipments through the platform have soared from 2,000 to over 25,000. With each merchant able to connect to a growing ecosystem of thousands of carriers and over 100,000 unique construction sites, the network effects are compounding rapidly.

“Alrik is solving one of the construction industry’s biggest friction points,” said Dhruv Gupta of Pi Labs. “They’re not just optimising logistics — they’re unlocking new revenue opportunities and building a future-ready ecosystem.”

Thérèse Mannheimer at People Ventures agreed, calling Alrik’s SaaS model “smart, scalable and built for the long haul”. The company was recently named Sweden’s Most Innovative Software Company of 2024 by Breakit.

The new funding will be used to further develop Alrik’s product and go-to-market strategy, supporting its enterprise customers as it expands further into key markets across Europe.

Read more:
Swedish logistics platform Alrik raises €7m to build global OS for construction industry

Previous Post

IMF warns UK government debt market is vulnerable to sudden shocks

Next Post

“Transactworld Digital Quietly Developing Dominant Distribution Engine in Nigerian Fintech”

Next Post

“Transactworld Digital Quietly Developing Dominant Distribution Engine in Nigerian Fintech”

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
  • Trending
  • Comments
  • Latest

Jay Bhattacharya on Public Health

October 12, 2021

That Bangladesh Mask Study!

December 1, 2021

Antitrust Regulation Assumes Bureaucrats Know the “Correct” Amount of Competition

November 24, 2021
Pints of champagne could be the next ‘Brexit dividend’

Pints of champagne could be the next ‘Brexit dividend’

December 24, 2021

Menger’s Barter Theory of the Origin of Money Is Still Standing

0

0

0

0

Menger’s Barter Theory of the Origin of Money Is Still Standing

September 30, 2025

How the Fourteenth Amendment Empowers Judicial Activism

September 30, 2025

When Political Violence Becomes a Signal

September 30, 2025

Loch Lomond Lay-bys littered with repulsive debris discovered by dedicated volunteers

September 30, 2025

Recent News

Menger’s Barter Theory of the Origin of Money Is Still Standing

September 30, 2025

How the Fourteenth Amendment Empowers Judicial Activism

September 30, 2025

When Political Violence Becomes a Signal

September 30, 2025

Loch Lomond Lay-bys littered with repulsive debris discovered by dedicated volunteers

September 30, 2025

Disclaimer: ElonsVision.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

  • Contacts
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 ElonsVision. All Rights Reserved.

No Result
View All Result
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock

Copyright © 2025 ElonsVision. All Rights Reserved.