With $34 million (almost Php2 billion) of newfound investment with the recent closure of a series C round, Philippine-founded logistics firm Inteluck is well on its way to expanding its regional footprint, deepening its presence, and strengthening its capabilities. The investment was led by Southeast Asia’s leading venture capital firm East Ventures and private equity firm Navegar.
Inteluck was founded in the Philippines in 2014 by now-Forbes 30 Under 30 honoree Kevin Zhang. It was established as a data-driven, end-to-end logistics solution company that utilizes data and technology to support client needs.
The company’s services include warehouse management, truckload transportation, cross-border transportation, freight forwarding, and other custom supply chain services.
With a business model set at providing everything that the client would need, Inteluck’s supply chain service provides client access to a fleet of over 14,000 delivery trucks that are available on demand.
Now based in Singapore, Inteluck continues to have a strong presence in the Philippines, extending to Vietnam and Thailand. Its long list of clients includes over 300 local and international enterprises from various industries, including fast-moving consumer goods, manufacturing, e-commerce, telecommunications, and express delivery.
In September 2022, Kevil Zhang joined Endeavor, which is a global network of high-impact entrepreneurs. His company was the only one in the Philippines among 11 others who were invited to join the roster. In the same year, Esquire awarded Zhang the label of one of the Most Influential People in the local startup scene.