Predict your next investment

INTERNET | Internet Software & Services / Supply Chain & Logistics
pathfdind.com.br

See what CB Insights has to offer

Stage

Unattributed | Alive

Total Raised

$1.94M

Last Raised

$1.94M | 1 yr ago

About Pathfind

Pathfind is a technology company that offers optimization in cargo distribution.

Pathfind Headquarter Location

Rua Dr. Melo Alves, 89 Conj.

Sao Paulo,

Brazil

+55 11 30242 1444

Latest Pathfind News

Route optimization startup Pathfind raises $1.8M

Aug 12, 2020

Route optimization startup Pathfind raises $1.8M Shares LatamList – Pathfind , a tech company that provides optimization solutions in the distribution of charges, raised a $1.8M (R$10M) investment. The investment will help the company maintain the accelerated growth pace imposed by the e-commerce boom. “We anticipate this operation due to an increase in demand beyond our expectations and the increasingly positive outlook for the business,” explained Antonio Wrobleski , the Chairman of the Board of Directors of Pathfind. A recent ABComm survey recorded a 400% increase in the number of establishments that launched electronic commerce. Brazilian e-commerce had a jump in operations in the first half and should accumulate growth of 18% by the end of the year compared to 2019. “If the prospects for e-commerce and logistics are fulfilled as indicated by all indicators, we project growth of 500% at the end of 2021, with revenue of up to $7.4M (R$40M),” he added. Pathfind’s technology delivers a simple and efficient solution for the user, currently serving more than 300 customers, including companies such as Coca-Cola , Nestlé , DHL , FedEx and Heineken . The software plans about 42K routes and runs more than 60M km per month, performing an average of 100K deliveries per day across the country. Read more on Startupi .

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.