BeGo

BeGo is a Mexican startup in the transportation industry, with the slogan "Be everywhere." The company addresses the inefficiencies in the cargo transportation sector in Mexico where the demand for moving goods exceeds the capacity of national fleet units, leading to 40% of trucks returning empty. This results in unnecessary costs for products and services, as well as harmful CO2 emissions. BeGo has developed a platform based on artificial intelligence to connect drivers with nearby cargo, aiming to reduce empty returns, extra costs, and environmental damage. The traditional process of quoting and confirming ground cargo transportation takes an average of 3 days, yet at BeGo, clients can locate a transfer within minutes based on their current or future locations. The company has a broad network within and outside Mexico, with a focus on major points in Mexico, the United States, and soon Latin America. Established in 2019 and headquartered in Mexico, BeGo secured a $14.00M Seed Round investment on 06 May 2021. The investors in this round include notable names such as Mantis VC, Soma Capital, Global Founders Capital, Liquid 2 Ventures, Tiger Global Management, FundersClub, Flexport, Hack VC, Immad Akhund, and Ross Lipson. With a rapidly expanding team and the potential to revolutionize the transportation industry, BeGo appears to be an innovative and promising investment opportunity.