Alaiko announced a $30 million Series A funding round led by Tiger Global.

Alaiko, a Munich, Germany-based SAAS developer of a logistic-as-a-service platform for e-commerce shops, announced completing a series A funding round.

Backers include Tiger Global, Next47, the investment arm of Siemens, Dan Dershem and Dave Anderson via Supply Chain Ventures as well as from business angel Maximilian Bittner, founder of Vestiaire Collective.

The company, which has been operating in stealth since 2020, says that the total amount raised since it was launched totals $30 million.

Alaiko was founded by CEO Moritz Weisbrodt, Gabriel Thomalla and Harald Braunstein in order to develop a fulfillment-as-a-service platform for for direct-to-consumer brands (D2C). The platform enables e-commerce brands to provide to their customers free shipping, next-day delivery, and self-serve order management features.