Vado, a Torino-based firm established to merge smart storage solutions with delivery apps, has announced a successful Seed funding round amassing over €440K. With technology rapidly reshaping the logistics and food delivery sectors, Vado aims to simplify the process through automation. By integrating with major delivery platforms, it seeks to enhance the efficiency and profitability of businesses. Vado’s recent funding sets the stage for its expansion across Europe, reflecting growing investor interest in automation technologies.
In recent years, the trend of automating delivery operations has gained momentum, with numerous companies seeking to optimize logistics. Vado’s approach of integrating smart storage with delivery apps is part of a broader movement toward efficient and streamlined delivery processes. Unlike traditional methods that solely rely on manual handling, Vado and its counterparts focus on automation and integration to mitigate inefficiencies, a strategy gaining traction worldwide.
How Does Vado’s Technology Assist Businesses?
Vado, founded in 2020, enables businesses to connect seamlessly with multiple delivery platforms such as Glovo, Deliveroo, JustEat, and UberEats. Through its software, businesses can automate online orders, significantly reducing the time and cost associated with manual operations. The company asserts that this automation has allowed customers to see notable revenue increases, often doubling their income from vending machine operations.
“Our customers have seen a significant increase in their revenue after implementing our software. On average, our customers double their vending machine revenue.”
What Are Vado’s Plans for the New Funding?
With the newly acquired funds, Vado plans to expand its operations across Europe and introduce further innovations in the automated retail sector. Andrea T. Orlando, President of the Board, emphasized Vado’s potential, highlighting the untapped opportunities in the industry. This funding will enable Vado to tap into these prospects and leverage its technological solutions across diverse markets.
“I think VADO is the best example of a hidden champion in a not mainstream industry. cases like this reveal the biggest upsights for investors. Unique product, hungry clients. All you need is execution. And the VADO team is all about that.”
Cristobal Alonso, CEO of Startup Wise Guys, acknowledges the immense growth potential in the automated delivery sector. Vado’s expansion is not just about scaling but about creating a technological edge in this space. With the inclusion of key talent like Andrea Orlando, Vado is strategically positioned to capture substantial market share in Europe.
“The results from Vado are already incredible, but the most exciting part is the growth opportunities in various industries that this team is capitalising on.”
Startup Wise Guys, a notable accelerator supporting Vado, has facilitated its growth journey. Having supported numerous tech entrepreneurs since 2012, Startup Wise Guys remains committed to nurturing promising startups. The addition of Vado to its portfolio underscores its mission of backing ventures with transformative impacts in the tech ecosystem.
As Vado secures funding, its trajectory in the European market appears promising. Businesses seeking efficiency in delivery operations may benefit from Vado’s technology that automates and integrates processes across various platforms. This move not only positions Vado for a broader market presence but also highlights a shift towards automated solutions in the delivery sector. Investors and businesses alike may keep an eye on such technological advancements to stay ahead in the rapidly evolving logistics landscape.
