South Africa’s Logistics Startup GoMetro Raises $1 Million in Seed Funding Round

South African logistics startup, GoMetro, has raised $1 million in a seed funding round with participation from Kalon Venture Partners, Hlayisani Capital, Tritech Global, 4Decades Capital, and E Squared Investments.

The startup will deploy the fund into boosting its workforce, enhancing its tech platform, and expanding its operations into more markets in the UK, South Africa, and the Americas.

GoMetro enables public transport and logistics operators to boost operational efficiency, futureproof their services, and tighten their competitiveness. The solution improves the operations of hundreds of fleets around the world by providing the building blocks for the rapid development of mobility applications.

CEO of GoMetro, Justin Coetzee said, “By using our mobility management platform and digitising their entire fleet, operators can save up to 30 per cent in operating costs by increasing overall vehicle utilisation, controlling excess mileage, and managing back-office costs. We have also seen our customers increase the certainty and accuracy of their delivery windows by 50 percent.”

Kalon Venture Partners CEO, Clive Butkow said, “Kalon’s investment was motivated by the exceptional GoMetro team, as well as the innovative digitization of transport operations to better manage mobility. The GoMetro fleet works with logistics providers’ existing investment in telematics, provides accurate route planning and on-time alerts, and saves them money in back-office costs and contract performance,”