Wareclouds, a Chilean collaborative logistics startup connecting households with storage space to e-commerce, secured a $2M round led by 2048 Ventures, with participation from Chile Global Ventures.
With these funds, the company will invest in growth in Chile and Brazil as well as launch operations in Mexico.
“We have established our presence in Brazil, operating in Rio de Janeiro, Brasilia, and Vitoria. Next year’s ambitions are to expand to at least ten cities. Moreover, we are eager to break into the Mexican market in 2024, with a projected growth of 500% by the end of that year”, said Co-founder & CEO Arturo Quiroz.
Wareclouds connects households willing to provide house space to SMEs and large e-commerce businesses looking to store their inventory near last-mile delivery. The logistics startup fleets of independent delivery drivers complete the last-mile deliveries.
Founded in 2020 by Nicolás Aramayo and Arturo Quiroz, Wareclouds is partnering with 250 brands such as Unilever, Virgin Mobile, and Copec.
Source: Contxto