Mudango raises $1.4M seed round for Latin America logistics

LatamList – Mudango, a Chilean logistics startup, raised a $1.4M seed round led by Genesis Ventures. FEN Ventures and Kalei Ventures also participated in the round.

Mudango is a logistics tech company that provides efficient, user-friendly products to help facilitate delivery and maximize efficiency. The platform uses an AI bot for better customer experience, and also connects retailers to a network of truck owners, storage facilities, port operators, and freight forwarders.

“Latam is a huge region with twice the population of the US, and with people living in very dense cities like Santiago, São Paulo or Mexico City. Logistics in the region represents an amazing opportunity for entrepreneurs and throughout the next 5 to 10 years we are going to see a complete revolution in this space,” said Robert Picón Meleda, co-founder and CEO of Mudango.

Mudango started as an ‘Uber for moving services’, but soon realized the demand for wider logistics service in Latam. The startup currently operates in Chile, Mexico, and Colombia, and plans to use the new funding to accelerate growth and continue expanding regionally.