Startups

Digital logistics startup Yolda.com received an investment of $1.9 million

According to the information shared by Yolda.com, the venture closed its second investment round with $1.9 million in its first year.

We have previously mentioned Yolda.com, an initiative that provides partial transportation services to businesses and digitizes logistics operation processes. According to the information we received today, Yolda.com announced that it has received a new investment. According to the information shared by Yolda.com, the venture closed its second investment round with $1.9 million in its first year.

To remind you, we told you in May of last year that the digital logistics startup Yolda.com received an investment of $830 thousand under the leadership of Collective Spark. Having received its second investment after about a year, Yolda.com’s total investment to date has reached $2.7 million.

Let’s add that the said $1.9 million investment was realized under the leadership of Austria-based Speedinvest. Apart from Speedinvest, Collective Spark, one of the former investors of the company, and all other angel investors also participated in the investment tour.

Yolda.com is preparing for a strong Series A investment round, according to the information we have obtained. Stating that it is very important for them to include all existing investors in the investment, Yolda.com co-founder and CEO Volkan Ozkan shared that his new investor will empower Yolda.com in its globalization journey.

Ozkan stated that they reached very important transportation volumes in LTL transportation in their first year. And added that their goal with the new investment is to expand its service area with full truckload (FTL) solutions, to grow approximately 10 times and to become a company operating in the international arena, especially in Europe. In line with these goals, it should be noted that the Yolda.com team will grow 2 times in 1 year.

Source: Webrazzi / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published.

Back to top button