SWG's portfolio company GoRamp raises $3 Million in seed round

Photo: GoRamp's team

GoRamp is a transportation management system that fully centralizes the exchange of information between all supply chain members in real-time updating software.  

With this new funding, they are poised to accelerate their growth in major European markets and fortify their presence in the US market. Next to existing investors, Wilgrow, Startup Wise Guys, Presto Ventures and angels,  LEAD Ventures contributed to the seed round as a new investor.

With low competition in the SME market and our loyal customer base, we see this as the perfect timing opportunity to drive rapid growth not only in Europe but also on a global scale. We are delighted that Lead Ventures and our existing investors share our vision and have provided substantial support to expand into new markets and deliver even greater value to our existing and potential customers,” said Jevgenij Polonis, CEO & Co-Founder.

In spite of technological advancements, manufacturing firms still face challenges due to antiquated and non-digitized logistics procedures. The overdependence on manual paperwork, inefficient tracking systems, and the absence of real-time visibility lead to increased expenses, costly errors, and operational inefficiencies throughout the logistics chain. Acknowledging this prevalent industry issue, GoRamp intervened by offering valuable solutions to clients in more than 20 countries worldwide. Their platform enables companies to automate logistics procurement, decrease expenses associated with warehouse congestions, and make data-driven decisions for optimizing the entire supply chain.

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Photo credit: neostalgic on Unsplash; GoRamp

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