No Result
View All Result
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions
Smart Investment Today
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
  • News
  • Economy
  • Editor’s Pick
  • Investing
  • Stock
No Result
View All Result
Smart Investment Today
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”

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    • Trending
    • Comments
    • Latest

    Gold Prices Rise as the Dollar Slowly Dies

    May 25, 2024

    Richard Murphy, The Bank of England, And MMT Confusion

    March 15, 2025

    We Can’t Fix International Organizations like the WTO. Abolish Them.

    March 15, 2025

    Free Markets Promote Peaceful Cooperation and Racial Harmony

    March 15, 2025

    China’s Strengths Are Over-Exaggerated

    0

    Ana-Maria Coaching Marks Milestone with New Book Release

    0

    The Consequences of California’s New Minimum Wage Law

    0

    Memorial Day

    0

    China’s Strengths Are Over-Exaggerated

    June 7, 2025

    Paul Heyne: The Ethicist Who Thought Like an Economist

    June 7, 2025

    Preparing for War

    June 7, 2025
    I Shot the Tariff (But I Swear It Was in Self-Defense)

    I Shot the Tariff (But I Swear It Was in Self-Defense)

    June 6, 2025

    Recent News

    China’s Strengths Are Over-Exaggerated

    June 7, 2025

    Paul Heyne: The Ethicist Who Thought Like an Economist

    June 7, 2025

    Preparing for War

    June 7, 2025
    I Shot the Tariff (But I Swear It Was in Self-Defense)

    I Shot the Tariff (But I Swear It Was in Self-Defense)

    June 6, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved

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

    Copyright © 2025 smartinvestmenttoday.com | All Rights Reserved