Uello: Raises USD 4M in Series A Funding
- Uello, a Sao Paulo, Brazil-based logtech startup, closed its $4m Series A funding
- The round was was led by the Btomorrow Ventures (BTV), followed by Capital Lab and Invest Tech
- The company, which has raised USD 5.5m since its foundation, intends to use the funds to expand its geographical operations and hire a qualified team
- The company uses technology and a collaborative network to provide express freight services focusing on large and medium size corporate clients
- The company’s technology allows deliveries to be carried out in an optimized manner with consolidation in hubs and route sharing
- Currently, the company has 100 employees and has more than 250 corporate clients
