Tech Company Financing Transactions
Solvento Funding Round
Quona Capital, Dynamo Ventures and Ironspring participated in a $50 million capital raise for Solvento. The financing round was announced on 12/6/2023.
Transaction Overview
Company Name
Announced On
12/6/2023
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$50,000,000
Round
Undisclosed
Investors
Quona Capital (Lead Investor)
Ironspring (Ty Findley)
Proceeds Purpose
The funding will go towards the further development of Solvento's product and expansion in commercial efforts to meet the growing needs of the $200 billion LatAm trucking market.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Avenue Corregidores 1515 Piso 4 Lomas de Chapultepec, Miguel
Mexico City, 11000
MX
Mexico City, 11000
MX
Phone
Website
Email Address
Overview
Operator of a digital platform intended to provide credit lines to truckers so they are able to collect invoices the minute the goods are delivered. The company specializes in providing integration with TMS, GPS, and ERP systems, liquidity solutions, and billing solutions, enabling trucking companies, shippers, and logistics management companies to seamlessly automate payment processing and streamline operations to alleviate revenue.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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