Fillogic Funding Used to Expand Mall-Based Micro-Distribution Centers

The seed round of funding will expand the Fillogic Hub Network nationwide to key strategic markets in the Mid-Atlantic, Atlanta, Los Angeles, Miami, Dallas, Phoenix, and San Francisco.

Pexels Mall
Pexels

Fillogic raised $2.5 million in seed round funding led by James McCann, chairman and CEO of Food Retail Ventures, with contributions from Jamestown LP, GroundBreak Ventures, Revelry Ventures Partners, XRC Labs, Green Egg Ventures, Sandy Sigal and more.

“We started Fillogic to transform the traditional retail ecosystem into an integrated logistics network that reaches the modern consumer wherever they are,” says Bill Thayer, co-founder and co-CEO of Fillogic. “Fillogic Hubs at mall properties provide retailers with disproportionately lower cost logistics services, while enabling retailers to maximize the utilization of their assets - stores, inventory and people - to unlock a competitive advantage.”

From PR Web:

  • The seed round of funding will expand the Fillogic Hub Network nationwide to key strategic markets in the Mid-Atlantic, Atlanta, Los Angeles, Miami, Dallas, Phoenix, and San Francisco.
  • The funding will also support team growth and further development of its platform, including its Delivery Partner Network and proprietary routing technology.               
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