SafeDigit raises $1.2M in pre-seed funding
Vancouver-based SafeDigit has raised USD $1.2 million in pre-seed funding for its logistics integration platform. The round was led by Ascend.vc, with participation from Acequia Capital and the Cascade Seed Fund.
Co-founded by CEO Marat Asadurian and Dale Williams, SafeDigit was created to enable logistics businesses (like delivery or courier services) to integrate with common platforms that their customers use on a daily basis, like Shopify, Wix, and WooCommerce.
For a monthly fee starting at $250, the SafeDigit platform will work to power transactions and orders with various apps and plugins. The goal is to facilitate any last-mile delivery service to create a seamless workflow with eCommerce merchants.
The company plans to use the funding to accelerate product and engineering, and grow its team, according to Asadurian. “Logistics is still going through its technological revolution, and the coming years will mean a lot of new software solutions and changes to how the global supply chain works. We’re just getting started and have big plans to empower our customers and connect the logistics ecosystem,” he added.
According to IBISWorld, a market research firm, there are more than 365,000 courier businesses in the U.S. alone. The world-wide delivery services market is worth $363.8 billion. Yet, the vast majority of independent package carriers are running via phone, old web portals, and email, explained Kirby Winfield, one of SafeDigit’s new investors at Ascend.vc. He’s betting on SafeDigit to solve this problem on a global scale.
Safedigit has been doing great work in the field of logistics and has potential to expand immensely. Congratulation to the entire team of safedigit and my best wishes for future success.Shishir Gupta CEO & Founder of startuplanes
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