Tylt Technologies
Latest round
- Seed
Last raised
- Mar 2021
Total raised
- $1.8M
Investors
- 2
About Tylt Technologies
Founded in 2019 by Aaron Paul and Jaden Pereira, Tylt Technologies Inc. operates from Kitchener, Canada, specializing in logistics solutions for eCommerce. The company has pursued a strategy focusing on rapid and efficient delivery services, accommodating a range of products.Tyltgo specializes in same-day and next-day delivery services, catering to a diverse range of businesses that require efficient logistics solutions. Their core offerings include the delivery of eCommerce products, such as fashion items, home goods, semi-perishable items like flowers and meal kits, as well as products with specific delivery requirements like alcohol and prescription medicine. The platform is designed for ease of use, enabling businesses to focus on growth rather than logistics management. Tyltgo operates in over 200 cities, with its delivery services available in regions including Greater Toronto, Southern Ontario, Greater Ottawa, Rural Ontario, Greater Vancouver, and Vancouver Islands.Tyltgo employs a competitive pricing model that leverages its proprietary routing algorithm to provide cost-effective delivery solutions. The revenue generation primarily stems from B2B partnerships, where businesses, regardless of their size, can access tailored delivery rates. Small businesses with modest order volumes typically benefit from lower next-day delivery rates compared to traditional postal services. For larger retailers and enterprise clients, Tyltgo offers preferred rates that enhance profitability while ensuring timely delivery services. Transactions are structured around service fees associated with delivery, which vary based on the specific needs of the clients, including urgency and types of products being delivered.In March 2021, Tylt Technologies Inc. Future initiatives include the development of new logistics technology and expansion into additional markets within Canada. Specific targets for market expansion will be identified as the company continues to enhance its service offerings.
Who invested in Tylt Technologies
2 investors across 1 round
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Funding rounds
Seed
Mar 29, 2021
Amount
$1.8M
Investors
Questions about Tylt Technologies
Who invested in Tylt Technologies?
Tylt Technologies has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tylt Technologies raised?
Tylt Technologies has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Tylt Technologies last raise money?
Tylt Technologies's most recent round on record is a Seed, in Mar 2021.
What does Tylt Technologies do?
Founded in 2019 by Aaron Paul and Jaden Pereira, Tylt Technologies Inc.
Where is Tylt Technologies headquartered?
Tylt Technologies is headquartered in Kitchener, Canada.
Which VCs invest in companies like Tylt Technologies?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer services companies at Tylt Technologies's stage. Their profiles are linked below.
VCs backing consumer services startups at Seed
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