The funds will be used to expand the business activity to at least five new cities, to increase the number of deliveries and to open fast delivery operations in Oradea.
“The investment offered by Make It Oradea represents a turning point for CautCurier.ro and confirms the confidence in our vision to transform the way people experiment courier services in Romania (…),” said Catalin Anghel, CEO of CautCurier.ro.
The investment is part of an open round through which the CautCurier.ro team wants to attract EUR300,000 in order to speed up the development and expand the business to ten new cities.
The funds drawn from Make It Oradea will sustain the expansion, in a first stage, in the cities of Oradea, Bucharest, Cluj and Iasi. The company aims to grow from 10,000 deliveries in 2023 to 100,000 in 2024, while optimizing at the same time the online order platform.
Make It Oradea is a non-profit o organization founded at the initiative of Oradea City Hall and ADLO SA, together with the local members, Creatopy, Mobiversal, Helion, ROetCO International, and national partner Orange Romania, in order to boost the local ecosystem of tech startups.
CautCurier.ro is an innovative platform for the courier market in Romania, which offers customers the opportunity to reduce the number of returns for products damaged due to transport or faulty handling. The startup thus facilitates the adoption of a sustainable strategy to reduce the CO2 footprint for businesses in e-commerce, transport and logistics through trackXs: a smart tag that monitors parcels in real time for location, shocks, security, free fall, inclination, temperature and humidity. CautCurier.ro has also integrated into this platform a B2B marketplace that connects businesses with last-mile delivery companies, a platform that automates route management for couriers.