Close Menu
Innovation Village | Technology, Product Reviews, Business
    Facebook X (Twitter) Instagram
    Tuesday, July 22
    • About us
      • Authors
    • Contact us
    • Privacy policy
    • Terms of use
    • Advertise
    • Newsletter
    • Post a Job
    • Partners
    Facebook X (Twitter) LinkedIn YouTube WhatsApp
    Innovation Village | Technology, Product Reviews, Business
    • Home
    • Innovation
      • Products
      • Technology
      • Internet of Things
    • Business
      • Agritech
      • Fintech
      • Healthtech
      • Investments
        • Cryptocurrency
      • People
      • Startups
      • Women In Tech
    • Media
      • Entertainment
      • Gaming
    • Reviews
      • Gadgets
      • Apps
      • How To
    • Giveaways
    • Jobs
    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Africa»South Africa’s Logistics Startup GoMetro Raises $1 Million in Seed Funding Round
    SOUTH AFRICA’S LOGISTICS STARTUP GOMETRO RAISES $1 MILLION IN SEED FUNDING ROUND

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

    1
    By AdeO on May 7, 2022 Africa, Funding, Logistics, News

    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,”

    Related

    Funding GoMetro Logistics
    Share. Facebook Twitter Pinterest LinkedIn Email
    AdeO
    • X (Twitter)

    Related Posts

    Flend secures $3M in seed funding to digitally transform SME lending in Egypt

    EAAIF anchors $600M Axian Telecom bond to boost digital infrastructure in Africa

    South African Court provisionally liquidates 54 Collective amid allegations of financial misconduct

    1 Comment

    1. Pingback: SA startup GoMetro secures £9 million Series A funding led by Zenobē - Innovation Village | Technology, Product Reviews, Business

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Copyright ©, 2013-2024 Innovation-Village.com. All Rights Reserved

    Type above and press Enter to search. Press Esc to cancel.