Genesis Ventures led a USD1.4m seed round for Mudango, a Chilean logistics platform for residential and office relocations, with participation from FEN Ventures and Kalei Ventures.
(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.
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.