What is Nowports?
Founded in 2018 and headquartered in Monterrey, Mexico, Nowports provides a comprehensive digital platform designed to enhance merchandise movement and supply chain efficiency. The service offers improved tracking, cargo insurance, and expedited review processes, aiming to optimize logistics for businesses. The company's growth trajectory indicates a significant player in the digital freight forwarding and supply chain management space.
How much funding has Nowports raised?
Nowports has raised a total of $234.5M across 4 funding rounds:
Angel/Seed
$8.5M
Series A
$16M
Series B
$60M
Series C
$150M
Angel/Seed (2019): $8.5M with participation from Base10 and monashees
Series A (2021): $16M led by InvestoVC, Monashees, Mouro Capital, Broadhaven Ventures, and Foundation Capital
Series B (2021): $60M supported by Mouro Capital, DST, SoftBank Latin America Fund, Monashees, and Tiger Global Management
Series C (2022): $150M featuring Mouro Capital, Tiger Global Management, Foundation Capital, SoftBank Latin America Fund, Broadhaven Ventures, Monashees, and Base10
Key Investors in Nowports
Mouro Capital
Mouro Capital is a venture capital firm specializing in early to growth stage fintech investments across Europe, North America, and Latin America. With $400M in assets under management, the firm aims to support entrepreneurs who are innovating in the financial services sector. Mouro Capital provides expertise, a global network, and a proven track record to help its portfolio companies succeed. The firm is dedicated to reshaping the future of financial services through strategic investments.
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Monashees
Monashees Capital is a venture capital firm focused on Internet and Education. The company's business model, tailored to the Brazilian environment, is based on long-term vision, autonomy, agility and engagement in the companies in which the company invest. The company partners with outstanding entrepreneurs determined to build innovative high-growth businesses.
What's next for Nowports?
With its latest major strategic investment, Nowports is poised for accelerated growth and further technological development. The substantial capital raised suggests a focus on expanding its service offerings, enhancing its digital platform's capabilities, and potentially broadening its geographic reach. This funding round positions Nowports to further solidify its market position and drive innovation in the logistics technology sector, likely focusing on automation and data-driven solutions to meet the evolving demands of global trade.
See full Nowports company page
