Venture Capital

Nowports

Investment Details

Investor Type
Venture Capital

Asset Class Focus
Venture Capital

Stage Focus
Seed, Early Stage, Series A, Series B, Series C

Geographical Focus
United States, Brazil, Mexico, Chile, Colombia, Peru, Panama, Uruguay

Industries Focus

  • Technology
  • Automotive
  • Retail
  • E-commerce
  • Logistics
  • Manufacturing
  • Supply Chain

Investment Size:
10,000,000 to 150,000,000 USD

Investor Details Founded: 2019

Nowports is a Mexican digital freight forwarder founded in 2019 by Alfonso de los Ríos and Maximiliano Casal. The company leverages technology to automate and streamline international trade, offering services such as real-time shipment tracking and digitized documentation. Since its inception, Nowports has expanded its operations across Latin America, establishing offices in Mexico, Chile, Colombia, Uruguay, Peru, Brazil, and Panama. In May 2022, the company achieved 'unicorn' status with a valuation of $1.1 billion following a $150 million Series C funding round led by SoftBank's Latin America Fund, with participation from Tiger Global, Foundation Capital, Monashees, Broadhaven Ventures, Mouro Capital, Tencent, and Base10 Partners. This significant investment has enabled Nowports to further enhance its technological capabilities and broaden its service offerings, including the introduction of inventory financing tools to support the growth of its clients. The company's mission is to modernize the logistics industry in Latin America by providing efficient, transparent, and secure solutions for businesses engaged in import and export activities. Nowports continues to focus on expanding its presence in key markets and developing innovative services to meet the evolving needs of its diverse clientele.

With a strong emphasis on technological innovation, Nowports integrates artificial intelligence, big data, and the Internet of Things into its platform to optimize supply chain operations. The company's services cater to a wide range of industries, including retail, automotive, and manufacturing, assisting businesses that move between 10 and 15 ocean containers per month. By offering customized logistics solutions, Nowports aims to be the preferred intermediary for companies seeking to enhance the efficiency and transparency of their international trade processes. The firm's rapid growth and substantial funding reflect the increasing demand for digital transformation in the logistics sector and its potential to drive economic growth in the region.

As Nowports continues to scale its operations, it remains committed to delivering value to its clients through innovative solutions and exceptional service. The company's strategic focus on expanding its geographic footprint and service offerings positions it as a key player in the Latin American logistics landscape. By leveraging its technological expertise and deep understanding of regional markets, Nowports is well-equipped to address the challenges and opportunities presented by the evolving global supply chain environment. The firm's dedication to excellence and customer satisfaction underscores its role as a leading force in the modernization of logistics and supply chain management in Latin America.

Requirements
  • Technology-driven logistics solutions
  • Scalable business models
  • Strong management teams
  • Potential for regional expansion
  • Innovative approaches to supply chain management
Contact

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