Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Finance

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

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.

    You May Also Like

    Stock Markets

    PHILIPPINE President Ferdinand R. Marcos, Jr. met with Laos Prime Minister Sonexay Siphandone on May 26 as part of the 46th ASEAN Summit and...

    Stock Markets

    In the photo from left to right: WeFund Lending Corp. President and CEO Francisco “Coco” Mauricio, Netbank Head of Lender Amiel De Sotto, Netbank...

    Finance

    Small businesses in the North East of England are preparing to showcase their products and services to buyers from across the globe, as the...

    Stock Markets

    ABOITIZECONOMICESTATES.COM By Beatriz Marie D. Cruz, Reporter ABOITIZ INFRACAPITAL, Inc. (AIC), the infrastructure subsidiary of the Aboitiz group, said it expects up to 25...

    Disclaimer: CaptainOfSuccess.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.