Estonian startup MyDello announces major expansion into European markets

MyDello, an Estonian startup digitizing the logistics sector, has announced a major expansion, entering the markets of Norway, Finland, Denmark, the Netherlands, Poland and Germany.

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.

In 2023 MyDello raised €1,25M from lead investor Finnish Superhero Capital, President at Estonian mobility unicorn Bolt Yevgeny Kabanov, and angel investors.

So far, the platform has worked in the Baltic States, Sweden and China. However, by the end of 2026, the startup plans to operate in at least 20 European countries.

According to Magnus Lepasalu, co-founder of MyDello, the company has achieved significant growth over the past year and plans to continue expanding, aiming to enter at least one new market every month.