# Llewo

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/llewo

- Industry: Logistics & Distribution
- Headquarters: Madrid, Spain
- Website: www.llewo.com
- Total disclosed funding: $6.8M
- Latest round: Series A (Feb 23, 2021)
- Investors on record: 3

## About

Based in Madrid, Spain, Llewo specializes in last-mile delivery solutions, enhancing logistics efficiency for businesses and consumers alike through innovative technology and operational excellence.Llewo, founded in 2017 in Madrid, Spain, focuses on optimizing last-mile delivery processes. The company has secured EUR 4.21 mn in Series A funding in February 2021, backed by Enagas, ILUNION S.L., and EIT InnoEnergy. Founded by Jaime Guadilla, Javier Parajes, and Santiago Gil, Llewo has completed two deals to date, with its most recent deal occurring on February 23, 2021.Llewo is known for its advanced last-mile delivery solutions, utilizing technology to streamline logistics operations. The company's services include optimizing delivery routes, ensuring timely deliveries, and providing real-time tracking for users. Leveraging their platform, Llewo caters to various industries, enhancing operational efficiencies and customer satisfaction.In 2021, Llewo reported a revenue of EUR 13,566,571.90, with an EBITDA of EUR -3,272,160.60. The company's revenue is generated through its delivery solutions as businesses engage directly with the platform for their logistics needs.Llewo plans to launch new products aimed at enhancing its delivery capabilities and expanding its service offerings. The recent funding of EUR 4.21 mn will be utilized for technology development and market expansion. The company is targeting growth in new geographical markets across Europe by the end of 2023, focusing particularly on urban areas with increasing e-commerce activities.

## Funding rounds

- Series A, Feb 23, 2021, $5.1M — Enagas, InnoEnergy, ILUNION S.L.
- Series A, May 25, 2020, $1.7M — InnoEnergy

## Investors

- InnoEnergy (https://capitalatlas.ai/funds/innoenergy) — Series A
- Enagas — Series A
- ILUNION S.L. — Series A