Brazilian logistics fintech goFlux raises USD 6 million in Series A funding to enhance its platform and expand into new Latin American markets.
Target Information
goFlux, a Brazilian logistics fintech, is at the forefront of digitizing and financing agri-freight in Brazil. With a successful track record, the company has recently secured USD 6 million in Series A funding to enhance its operational capabilities and expand its market presence. The funds will be allocated primarily to bolstering the salesforce, enhancing financial technology capabilities, and investing in artificial intelligence for freight prediction.
Currently operating in Brazil, goFlux is strategically poised to enter new markets, including Argentina, Paraguay, Uruguay, Mexico, and the United States. The company’s innovative business model has drawn significant interest from both domestic and international investors, indicating a healthy growth trajectory in the competitive agri-tech landscape.
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Industry Overview
The logistics and fintech sector in Brazil has been experiencing notable growth, fueled by increased digital transformation across industries. As businesses adapt to technological changes, there is a he
Similar Deals
Capria Ventures
invested in
goFlux
in 2024
in a Series A deal
Disclosed details
Transaction Size: $6M
Revenue: $1,500M