[Funding alert] Estonian logistics Platform MyDello Raises €1.25 Million in Seed Funding
Oct 10, 2023 | By Team SR
MyDello, an Estonian logistics platform, secures €1.25 million in startup money. Superhero Capital led the investment, while other participants included Jevgeny Kabanov and angel investors from previous rounds.
The additional cash will allow MyDello to deepen its hold on those regions and expand to Finland and the Netherlands. MyDello is already engaged in The Baltics and Sweden.
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For logistics managers in manufacturing and wholesale businesses, it addresses concerns with transparency and interaction. The objective is to "increase digitization in international transportation while decreasing waste in supply chains." It asserts that its technology enables businesses to save 15% to 20% on logistics expenses.
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Jussi Pyörre, Partner at Superhero Capital said, “The traditional methods of international freight forwarding are undergoing a revolutionary transformation, and MyDello's digital platform is at the forefront of this change. The platform's unique feature of generating offers within seconds increases efficiency and convenience for all parties involved while reducing costs. It's worth noting that the logistics market is huge, with an annual turnover of €10 trillion,".
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MyDello is a digital portal that will make your experience with international freight forwarding simple and transparent. Put a stop to waiting days for an offer and sending emails. We have made it easy for you to rapidly access a variety of transport options with MyDello.
About MyDello
MyDello is bringing traditional logistics procedures into the twenty-first century. It was founded in Tallinn in 2021 by seasoned logistics professionals Magnus Lepasalu, Joel Timm, and Siimu Kaas.
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You will find it simple to enter your shipment size and measurements, choose your pick-up and drop-off locations, and choose the best mode of transportation from among air, land, or train, whether you are a seasoned logistic professional or this is your first time transporting goods.
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On a single dashboard, you will see all of your shipments. As a result, you are in charge and constantly have a full picture of all of your shipments.
ordering on a single platform saves time. Take pleasure in managing your shipments. Witness the revolution
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