Liftit

Liftit is a last-mile truck delivery platform that connects independent truck drivers to businesses that need cargo delivered.

Liftit is a startup that uses technology to connect the demand for cargo transportation with the supply of drivers and trucks available in the streets.

Liftit was founded in 2017 by Brian York, Angel Celis Botto and Felipe Betancourt Celis. The company is based in Bogota, Distrito Especial, Colombia, with additional offices in Germany, Brazil, Colombia, & Chile.

Liftit's product gives truck drivers an opportunity to find work more easily, be paid promptly and obtain advances for key expenses, such as gasoline and truck maintenance. 

Liftit, through its proprietary, cloud-based technology platform, large shippers in Latin America can connect with a network of drivers across various commercial vehicle classes, which enables automated tendering and execution of any kind of truck-based delivery, along with real-time visibility and traceability of key metrics. By automating and optimizing delivery processes based on AI and machine learning, Liftit's customers achieve a significant reduction in operating costs.

 

Liftit is also building an important network of entrepreneurial owner-operator truck drivers ("Lifters") across 5 countries in Latin America, who can leverage Liftit's technology and customer demand to build micro trucking businesses. The Liftit platform allows Lifters to reduce their downtime and significantly increase their revenue. 

 

Liftit is backed by IFC Venture Capital Group, Cambridge Capital, monashees, Jaguaar Ventures, Alpha4 Ventures, NXTP Ventures and others. The company raised $22.5M in Series B round on Jul 08, 2020. This brings Liftit's total funding to $39M to date.

 

 

  • Year founded: 2017
  • Funding Info: $39M over 3 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: Bogotá
  • State: Distrito Especial
  • Country: Colombia
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