Mily Technologies develops analysis software for optimizing last-mile delivery processes. The startup’s platform combines location-based data with business analytics, helping delivery companies identify inefficiencies. Thanks to Mily Technologies, logistics providers can reduce last-mile costs, improve their delivery processes, and better expand their out-of-home networks.
nnnnThe startup, founded by Miloš Zlatković and Aleksandar Buha, has now successfully completed its pre-seed round and raised €1 million. South Central Ventures, based in Belgrade, is leading the funding round. The founders originally established their startup there before relocating to Munich. Additionally, the seed round is supported by a grant from Serbian accelerator Katapult.
nnnnMily Technologies wants to accelerate
nnnnMiloš Zlatković, co-founder and CEO of Mily Technologies, explains:
nnnnnnnn“As newcomers to the industry, we were forced to ask many questions to gain a deep understanding of the sector. This approach is exactly what led us to develop a solution that is unique on the market. Over the past two years, we have gathered a wealth of insights and ideas from our customers and partners, and we believe it is now time to accelerate.”
The funding will help the startup expand across Europe and grow its team.
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