Estonian digital logistics platform MyDello raised €1,25M

Estonian digital logistics platform MyDello raised €1,25M from lead investor Finnish Superhero Capital, President at Estonian mobility unicorn Bolt Yevgeny Kabanov, and existing angel investors.

Founded in Tallinn in 2021 by Magnus Lepasalu, Joel Timm, and Siimu Kaas, MyDello is a digital portal for organizing cargo transportation. The customer needs to mark down his departure and destination points and add the weight and size of his shipment. He can insert additional information, such as packing type or quantity. In addition, it is possible to choose a preferred transport option: air, rail, road, or ocean. 

The startup provides the customer with a shipment dashboard, containing all the necessary information. Thus, he can have an overview of all his shipments. The client can follow the shipment process, check previous bookings and attached documents, etc. In case of additional questions, the customer can contact logistics specialists via messaging.

MyDello helps organize transportation between North America and the Baltics, between most of the APAC countries (China, Japan, Taiwan, South Korea, etc) and the Baltics, and all main Intra Europe transport routes. The customer can ship boxes, crates, pallets, and ocean containers.

The startup plans to direct investment to strengthen its presence in the Baltic and Swedish markets and expand its business activities to Finland and the Netherlands. 

Yevgeny Kabanov is a business angel, investing in consumer startups, B2B SaaS, fintech, logistics, hardware, deep tech, MedTech, etc. His initial ticket ranges from €10K to €100K. Yevgeny Kabanov’s portfolio includes Katana, Montonio, Postoplan, Supliful, and others. He founded ZeroTurnaround, which designs software for building Java applications. He sold the company to US company Rogue Wave Software in 2017.