iF Lastmile

iF Lastmile specializes in enhancing last-mile delivery logistics through innovative technology solutions that streamline operations for e-commerce and logistics providers. iF Lastmile operates by offering technology-driven solutions focused on optimizing last-mile delivery logistics. Founded by Galo De Reyna Torroba, Mikel Hogan, and Paul Obando, the company is headquartered in Madrid, Spain. In November 2022, iF Lastmile raised EUR 3 million in funding led by Kanoar Ventures, with participation from other investors such as Bergner Group and Inveready Asset Management.

The total amount raised by the company is EUR 3 million. iF Lastmile's primary offerings include a platform designed to enhance last-mile delivery efficiency through real-time tracking and optimized routing. This technology addresses key logistics challenges, such as high delivery costs and the demand for rapid fulfillment, and serves a variety of clients, including major retail chains and local businesses in urban markets across North America and Europe. In 2023, iF Lastmile reported a revenue of EUR 524,663.

3 with an EBITDA of EUR -1,344,098. 7, reflecting the financial dynamics of a growing startup in the logistics sector. Following the EUR 3 million funding round completed in November 2022, iF Lastmile plans to solidify its presence in the reverse logistics and excess stock management sectors in Spain and Portugal, with ambitions to expand into additional European markets. The company aims to leverage this funding to support new product launch initiatives and enhance its service offerings.