GoRamp secures €450k from the venture capital funds Startup Wise Guys and Presto Ventures

Estonia Lithuania Czech Republic 15 November 2020
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GoRamp, a Vlinius, Lithuania-based SAAS developer, announced securing a funding round of €450k ($532k).

The money was raised from investors including the venture capital funds Startup Wise Guys and Presto Ventures.

Proceeds will be used for further expansion to Poland and Western European countries.

GoRamp, founded in 2017 by CEO Jevgenij Polonis, helps manufacturing companies to avoid manual repetitive tasks such as sending e-mails in order to agree with transportation companies regarding the prices, making phone calls for getting feedback on truck numbers and their arrival times, and manually creating reports which in the majority of cases are more verbal subjective information rather than actual data. It results that companies can speed up both external and internal communication regarding transportation shipments, the warehouse can smoothly plan their workflow throughout the day avoiding queues, and C level managers can track the most important automatically created KPIs in order to make data-based decisions for processes improvement.

GoRamp previously raised €120k.

Total investments received (USD): 5.22M

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