South African Logistics Startup GoMetro Raises USD 1 Mn Seed Extension

South African logistics startup GoMetro has secured a ZAR16.3 million (USD 1 Mn) seed extension round to accelerate its growth, bolster its commercial team and rapidly expand into the South African, UK, and American markets. The round included Kalon Venture Partners, Hlayisani Capital, Tritech Global, 4Decades Capital, and E Squared Investments.

GoMetro is a mobility management platform that enables public transport and logistics operators to boost operational efficiency, futureproof their services, and tighten their competitiveness. The solution improves the operations of hundreds of fleets around the world by providing the building blocks for the rapid development of mobility applications. The funding will be used for key hires and to continue to invest in its innovative tech platform, product engineering, and development.