# Mandaê Serviços de Consultoria em Logística S/A

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mandae-servicos-de-consultoria-em-logistica-s-a

- Industry: Logistics & Distribution
- Headquarters: Sao Paulo, Brazil
- Website: www.mandae.com.br
- Total disclosed funding: $11M
- Latest round: Series B (May 2, 2018)
- Investors on record: 11

## About

Mandaê is a logistics consulting services company that specializes in optimizing shipping solutions for e-commerce businesses through an advanced management platform, enhancing efficiency and customer experience in logistics processes.Founded in 2014 and headquartered in Sao Paulo, Brazil, Mandaê operates a logistics management platform that aids e-commerce businesses in streamlining their shipping processes. The company was acquired by Cloudshops, a portfolio company of Fenghou Capital and SAIF Partners, in October 2021. Prior to this acquisition, Mandaê received funding from various investors, including International Finance Corporation and Mercado Libre Fund. The firm has completed a total of 6 deals, with its latest funding being a Series B round in which they raised USD 7.1 mn, led by the International Finance Corporation.Mandaê provides a comprehensive logistics management platform designed to optimize the shipping process for e-commerce businesses. Their core offerings include an intelligent algorithm that selects the most suitable carriers based on delivery times and pricing, ensuring effective logistics solutions for their clients. The platform enables users to import sales data and request package pickups, streamlining the shipment process from distribution centers. Mandaê serves a diverse clientele, including over 1,000 active clients and offers services across more than 5,500 cities nationwide, featuring extensive coverage in Brazil. The end-users benefit from real-time tracking capabilities and a high level of customer service, aimed at enhancing the overall shipping experience.In the most recent fiscal year, Mandaê reported a revenue of USD 12.61 mn. The company operates on a revenue model primarily based on transactional services linked to their logistics solutions for businesses, generating revenue through the selection and coordination of transport services.Mandaê is focused on developing new products to enhance their logistics platform, although specific release dates are not detailed. The company plans to expand into new geographic regions within Brazil, targeting underrepresented markets to increase its footprint. The recent Series B funding round of USD 7.1 mn will be utilized to support these growth initiatives, including potential investments in technology and marketing strategies. The acquisition by Cloudshops in October 2021 may also open avenues for further expansion and product development.

## Funding rounds

- Series B, May 2, 2018, $7.1M — International Finance Corporation, X8 Investimentos, Monashees, Qualcomm Ventures, UPS Strategic Enterprise Fund, Tekton Ventures, Mercado Libre Fund, FJ Labs, ICON Holding Company
- Series A, Mar 15, 2016, $2.5M — Monashees, Qualcomm Ventures, Valor Capital Group
- Series A, Aug 3, 2015, $1.5M — Kima Ventures
- Seed, Mar 5, 2014, $0.2M — Kima Ventures

## Investors

- Kima Ventures (https://capitalatlas.ai/funds/kima-ventures) — Seed, Series A
- Monashees (https://capitalatlas.ai/funds/monashees) — Series A, Series B
- Qualcomm Ventures (https://capitalatlas.ai/funds/qualcomm-ventures) — Series A, Series B
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series A
- International Finance Corporation — Series B
- X8 Investimentos (https://capitalatlas.ai/funds/x8-investimentos) — Series B
- UPS Strategic Enterprise Fund (https://capitalatlas.ai/funds/ups-strategic-enterprise-fund) — Series B
- Tekton Ventures (https://capitalatlas.ai/funds/tekton-ventures) — Series B
- Mercado Libre Fund (https://capitalatlas.ai/funds/mercado-libre-fund) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B
- ICON Holding Company (https://capitalatlas.ai/funds/icon-holding-company) — Series B