Across Latin America, e-commerce purchases are expected to grow by double-digits annually by 2024. That means finding trustworthy — and cost-effective — ways to deliver those packages will become more important. Enter Skydropx, a Mexico City-based logistics management company that enables businesses to create an end-to-end automated delivery experience for customers that includes over 250 shipping options, track notifications via WhatsApp, estimated delivery times and return management. Founded in 2014 by Tavo Zambrano, Armando Solbes, Óscar Victorín and Daniel Alvarado, the company is able to provide up to 70% reduction in logistics expenses, a revenue growth of up to 3 times by being able to displace shipping options and costs in real time and up to 91% optimization of a company’s operations by avoiding data errors.
The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. To do this, the company announced Tuesday $20 million in Series A funding co-led by Base10 Partners, Cometa, and 645 Ventures. In addition to moving into other countries, the company is looking at other verticals in fulfillment, like opening its own fulfillment centers in Mexico and launching its own delivery branches so that in addition to the website, customers can drop off or pick up packages in person. He expects 30 branches to go up in the next two weeks in corner and convenience stores around Mexico.