FinTechFunding

Uello: Raises USD 4M in Series A Funding

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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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