LatamList – LogComex, a logtech startup based in Curitiba, Brazil, received an investment of approximately $591K (R$3M) from venture capital firms InvestTech and Caravela Capital.
Its platform offers three main services: Real-Time Tracking, RPA Automation and Integration, and Big Data Analytics, based on operations in Brazil, Argentina, Uruguay, Paraguay, and the United States.
LogComex currently has 70 employees and over 350 customers across four continents. The investment will accelerate the company’s growth plans, such as doubling staff in technology and data science areas.
The startup was founded in 2016 by Helmuth Hofstatter, the CEO, and Carlos Souza, the COO, who have a combined 13 years of experience in the field.
“There is a great lack of technology in foreign trade. We want to improve our platform to bring more transparency to this market, helping our customers to optimize their international logistics,” said the CEO.
Read more on Baguete.