Company Overview
Snapshot
Founded in November 2015 by Daniel Cohen and Izack Varsanno, Exelot operates with 11–50 employees. The company specializes in cross-border shipping solutions, with a notable development in September 2018 when it facilitated AliExpress's expansion into the Israeli market by establishing warehouses in Cyprus to reduce delivery times.
Business overview
Exelot is a logistics technology company focused on enabling a multi-vendor eCommerce logistics chain. The company develops solutions to help marketplaces and retailers increase sales by addressing existing logistical and cost barriers in cross-border shipping. Its core product offers customers various delivery methods, including home delivery, automatic parcel lockers, and self-collection with payment-on-delivery options. Exelot also provides comprehensive track-and-trace services, customer messaging, and customer support, operating within the Automotive & Mobility Technologies sector, specifically targeting logistics and transportation management, and serving online retailers and consumers globally, including in Israel and China.
Strategic signal
In September 2018, Exelot played a pivotal role in AliExpress's strategic expansion into the Israeli market by establishing warehouses in Cyprus. This initiative significantly reduced delivery times for Israeli customers, demonstrating Exelot's capability to provide critical logistical infrastructure for major e-commerce players. This signals to investors Exelot's potential for facilitating market entry and improving customer experience for large-scale online retailers, highlighting its strategic value in optimizing global e-commerce supply chains.
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- What is Exelot's primary focus?
- Exelot focuses on enabling a multi-vendor eCommerce logistics chain by eliminating logistical and cost barriers for marketplaces and retailers, primarily in cross-border shipping.
- When was Exelot founded and by whom?
- Exelot was founded in November 2015 by Daniel Cohen and Izack Varsanno.
- How did Exelot facilitate AliExpress's operations in Israel?
- In September 2018, Exelot facilitated AliExpress's entry into the Israeli market by opening warehouses in Cyprus, which significantly reduced shipping times for Israeli customers.
- What services does Exelot provide to its customers?
- Exelot provides various delivery methods, including home delivery, automatic parcel lockers, and self-collection with payment-on-delivery options, along with full track-and-trace services, customer messaging, and customer support.
- In which geographic markets does Exelot operate?
- Exelot operates in global markets, with specific presence in Israel and China.