LatamList – Kestraa, a Brazilian logistics startup, raised $2.7M (R$15M) from Canary Ventures and various angel investors.
Kestraa is a cloud-based B2B solution for freight-management, connecting shipowners, cargo agents, freight forwarders, government systems, and more. The software allows stakeholders to manage their shipments, anticipate delays, and optimize on delivery time. Customers are also able to monitor the delivery process of their goods.
Due to COVID-19, e-commerce has boomed and logistics are more important than ever. Software such as Kestraa’s is essential to ensure that businesses can fulfill the new high trade volumes efficiently, while still maintaining social distancing.
Kestraa will use the funding to continue to grow its platform and connect stakeholders to ensure a smoother process. The startup also aims to develop a financial services feature for the software in the future.
Read more on StartUp Around.
