Urbantz, a Brussels, Belgium-based SaaS company aiming to increase efficiency and sustainability of last mile delivery operations, raised €6m in Series A funding.
Korys, ETF Partners and Urbantz’ shareholders increased their initial investment to €12m.
The company intends to use the funds to further invest in innovation and recruitment.
Led by CEO Jonathan Weber, Urbantz is a SaaS company that offers innovative technology for sustainable and optimised delivery operations. Its cloud-based software allows enterprises to orchestrate, measure and optimise their complex delivery operations. The technology enables these enterprises to monitor their internal and external fleets efficiently, provide recipients with an improved delivery experience, and reduce cost and carbon footprint.
Companies across Europe like Carrefour, Auchan, Casino, the S-Group, PcComponentes, and PostNord currently use the cloud software.