# SkyDrop Express, S.A.P.I. de C.V.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/skydrop-express-s-a-p-i-de-c-v

- Industry: Logistics & Distribution
- Headquarters: Monterrey, Mexico
- Website: www.skydrop.com.mx
- Total disclosed funding: $25M
- Latest round: Series A (Sep 27, 2021)
- Investors on record: 13

## About

SkyDrop Express is a logistics technology company operating a shipping platform that enhances shipping processes for businesses and individuals in Mexico and Colombia.Founded in 2015 in Monterrey, Mexico, SkyDrop Express specializes in logistics solutions by providing an integrated shipping platform. The company is led by co-founders Armando Argüello, Daniel Alvarado, Oscar Victorin, and Tavo Zambrano. In its venture funding journey, SkyDrop Express closed its latest funding round, a Series A, in September 2021, raising USD 20.00 mn with investments from 645 Ventures and Base10 Partners among others. This funding round marks their total fundraising amount at USD 20.00 mn.SkyDrop Express offers a comprehensive shipping platform that streamlines the logistics process for businesses and consumers. Its core product includes an integrated system for managing shipments with tracking capabilities, pricing quotes, and access to various shipping solutions from carriers like FedEx, DHL, and Estafeta. The platform allows users to compare shipping rates and choose between national and international delivery options, catering primarily to small to medium-sized enterprises (SMEs) and e-commerce platforms.SkyDrop Express generates revenue through transactional fees tied to the shipping services it facilitates. Fees vary based on the selected carrier and service level, influenced by destination, weight, and urgency. The company operates on both B2B and B2C models, serving a diverse clientele including retailers and consumers, with pricing structured around shipping costs accessed through their quote generator.Following the Series A funding round completed on September 27, 2021, which raised USD 20.00 mn, SkyDrop Express aims to accelerate its growth and expand into new markets including Colombia, Argentina, Chile, and Peru. The funding will support these expansion efforts, with a focus on enhancing its shipping platform and tailoring services for these new regions.

## Funding rounds

- Series A, Sep 27, 2021, $20M — 645 Ventures, Cometa, Shippo, Flexport, Inc., FJ Labs, Base10 Partners
- Seed, Sep 25, 2018, $4.5M — Sierra Ventures, GMF Capital Partners, Y Combinator, EasyPost, Cometa, Soma Capital Management, FJ Labs, Dynamo, Sinai Ventures

## Investors

- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed
- GMF Capital Partners (https://capitalatlas.ai/funds/gmf-capital-partners) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- EasyPost — Seed
- Cometa (https://capitalatlas.ai/funds/cometa) — Seed, Series A
- Soma Capital Management (https://capitalatlas.ai/funds/soma-capital-management) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed, Series A
- Dynamo — Seed
- Sinai Ventures (https://capitalatlas.ai/funds/sinai-ventures) — Seed
- 645 Ventures (https://capitalatlas.ai/funds/645-ventures) — Series A
- Shippo — Series A
- Flexport, Inc. — Series A
- Base10 Partners (https://capitalatlas.ai/funds/base10-partners) — Series A