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Based in Bogotá, Colombia, Carryt is a technology-enabled logistics platform that provides last-mile delivery and end-to-end supply chain solutions for consumer packaged goods, direct-to-consumer, and e-commerce companies. The company utilizes proprietary geocoding technology and route optimization algorithms to connect independent transportation carriers with online retailers, reducing operational logistics costs by up to 35 percent. Operating across Latin America, the enterprise generates approximately $27.8 million in annual revenue and maintains a workforce of 114 employees alongside a network of over 1,500 independent drivers. Carryt serves more than 150 corporate clients and 12 million unbanked independent resellers, while expanding its technological capabilities through the strategic acquisition of Paket and leveraging previous industry experience from FieldVision. The organization was established in 2020 by a founding team including Daniel Cuervo to address regional supply chain inefficiencies during the pandemic.
Carryt has raised $900K across 1 funding round.
Carryt has raised $900K in total across 1 funding round.
Carryt has raised $900K in total across 1 funding round.
Carryt's investors include Alaya Capital, Avalancha Ventures, Dux Capital, Hetz Ventures, Impacta VC, Latin Leap, Newtype Ventures, Ricardo Weder.
Carryt has raised $900K across 1 funding round. Most recently, it raised $900K Seed in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2021 | $900K Seed | — | Alaya Capital, Avalancha Ventures, DUX Capital, Hetz Ventures, Impacta VC, Latin Leap, Newtype Ventures, Ricardo Weder | Announced |
Carryt is a technology-enabled logistics platform revolutionizing last-mile delivery for consumer packaged goods (CPG) and direct-to-consumer (D2C) brands in Latin America (LatAm). It connects independent transportation carriers—representing 67% of the region's cargo fleet—with over 12 million unbanked independent resellers, transforming a $500 billion market into a cashless ecosystem through data-driven services, including inventory loans for small merchants.[1][4] Operating in Colombia and Mexico with expansion into Brazil (covering 65% of LatAm GDP), Carryt serves CPG companies delivering to 2.5 million micro convenience stores, solving high logistics costs (70% of revenue) via sustainable, efficient delivery that cuts operational expenses by up to 35%.[2] The company has achieved carbon neutrality, 25% month-over-month growth, and profitability, powering its ambition to become LatAm's largest sustainable last-mile provider.[1][2]
Carryt emerged from the expertise of founder Daniel Cuervo and his team at Datatraffic, who initially tackled complex logistics like routing emergency calls in Bogotá, Colombia—the region's second-largest system—demonstrating the power of cartographic data and optimization algorithms.[2] This experience pivoted into broader logistics, with early traction via the Katapult Accelerator, where Cuervo's grit and values-driven approach impressed investors; one angel investor selected Datatraffic among just two from 100 portfolio companies.[1] A pivotal moment came during the pandemic: Carryt rapidly built a last-mile delivery service atop its platform, turning it into a profitable second leg and potential spin-off, while responding to surging demand in CPG distribution.[1][2]
(Note: Carry Technologies in [3] refers to a distinct San Francisco-based corporate travel firm and is unrelated.)
Carryt rides the LatAm logistics boom, where 70% of CPG revenue ties to distribution costs amid e-commerce growth and fragmented fleets dominated by independents.[2] Timing aligns with post-pandemic supply chain digitization and sustainability mandates, as Brazil, Colombia, and Mexico (65% of LatAm GDP) face rising D2C demand for micro-stores.[1][2] Market forces like unbanked populations (>12M resellers) and a $500B cash-heavy sector favor its cashless, data-driven model, akin to "Uber for cargo."[4] By empowering independents and enabling electric shifts, Carryt influences the ecosystem toward inclusive, green logistics, reducing inefficiencies and inspiring spin-offs in adjacent services.[1][2]
Carryt's blend of profitability, 25% MoM growth, and funding via partners like Percent positions it for aggressive scaling into Brazil and beyond, potentially dominating sustainable last-mile in LatAm's top economies.[2] Trends like EV adoption, AI routing advancements, and fintech-logistics convergence (e.g., inventory loans) will accelerate its trajectory, while climate regulations amplify its edge.[1][2] Its influence may evolve from niche optimizer to ecosystem builder, spinning off services and setting standards for socially conscious tech in emerging markets—transforming independent drivers and resellers into a empowered, cashless network that fuels commerce growth.
