Collaborative logistics startup Wareclouds raised $1.2 million in the second round of investment led by ChileGlobal Ventures and the participation of several angel investors including Mike Hennessy, who also invested in other successful startups like CargoX and Cornershop.
Wareclouds’ platform links people’s homes with eCommerce companies. In this way, stores can stock their products and facilitate deliveries in convenient locations.
Also, the service is complemented by a fleet of dispatchers.
The platform connects the three target users simultaneously: the companies that want to store their products and that through the tool can monitor their inventory and keep track of orders; the owners of the houses -also called wareclouds- that store product and that through the platform receive automatic notifications when an SME makes a sale so that they can place the order; and the dispatchers, who receive alerts to fulfill orders.
The funds will be allocated to the development of new services and products, and the international expansion of the Chilean company, founded by Nicolas Aramayo and Arturo Quiroz in 2020.
According to Quiroz, they plan a Series A in 2023 to help them validate and consolidate the model before landing in the US by 2024.
The collaborative logistics startup Wareclouds already has 212 brands as clients and plans to close in 2022 with a turnover 2.4 times higher than in 2021.
Today, the startup has more than 1,000 m2 of storage in different communes of the Metropolitan Region such as Santiago, Las Condes, and Providencia, in addition to spaces in cities such as Viña del Mar and Concepción. Some of Wareclouds clients are Virgin, Unilever, DaleAlbo, Sosafe, Culotte, Undurraga, and Pernod Ricard.
This is the second round of capital raised by Wareclouds, having previously raised $1.4 million in a round also led by Chile Global Ventures, with the participation of Plug and Play.
Read more on Tech Gist Africa: