# Milko Grocery Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/milko-grocery-holdings-pty

- Industry: Internet
- Headquarters: Sydney, Australia
- Website: www.getvoly.com
- Total disclosed funding: $13M
- Latest round: Seed (Dec 15, 2021)
- Investors on record: 3

## About

Milko Grocery Holdings Pty Ltd. is an innovative company focused on enhancing efficiency in logistics and supply chain management through advanced software solutions, catering to a diverse range of businesses.Founded in 2021 in Sydney, Australia, Milko Grocery Holdings Pty Ltd. specializes in software solutions for supply chain and logistics management. The company's founder, Thibault Henry, has a history of entrepreneurship. As of November 2022, the company underwent restructuring, resulting in its acquisition by Our Cow, following a total of 3 deals and raising AUD 18.000 mn in a Seed funding round led by Sequoia Capital, alongside investors including Artesian and Global Founders Capital.Voly provides innovative software solutions aimed at improving operational efficiency within the logistics and supply chain sectors. Their offerings include real-time tracking systems, inventory management tools, and data analytics designed to address critical challenges in supply chain management. These solutions cater to logistics firms, retailers, and manufacturers in North America, Europe, and Asia, allowing for scalability and customization to fit specific operational needs.Voly employs a subscription-based revenue model, offering tiered pricing plans to accommodate various business sizes. Clients enter agreements that involve ongoing fees for software access, including regular updates and support. Additionally, partnerships with larger logistics firms enhance service offerings, ensuring robust functionality that fosters user engagement and retention.In November 2022, following its acquisition, Milko Grocery Holdings Pty Ltd. announced a strategic shutdown as part of a restructuring process. There are currently no forthcoming product launches or geographic expansions indicated in the company's future growth strategy.

## Funding rounds

- Seed, Dec 15, 2021, $13M — Hong Shan, Artesian, Global Founders Capital

## Investors

- Hong Shan — Seed
- Artesian (https://capitalatlas.ai/funds/artesian) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed