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§ Private Profile · Bogotá, Colombia
Liftit is a technology company.
Liftit has raised $25.0M across 2 funding rounds.
Key people at Liftit.
Liftit was founded in 2016 by Brian York (Co-Founder).
Liftit has raised $25.0M in total across 2 funding rounds.
Liftit is a digital platform focused on intelligent transportation logistics, providing configurable and efficient technological solutions for daily logistical challenges.
Liftit was founded in 2016 by Brian York (Co-Founder).
Liftit has raised $25.0M in total across 2 funding rounds.
Liftit's investors include Ben Gordon, Shift One, Jason Radisson, 10X Capital, AC Ventures, Alpha4 Ventures, Banyan Tree Ventures, Grupo Transportes Monterrey, H20 Capital, Leonisa, Monashees, NXTP Labs.
Liftit is a technology company headquartered in Bogotá, Colombia, that provides a highly configurable transportation management platform to automate and optimize first, middle, and last-mile truck deliveries across Latin America.[1][2][3] It serves shippers, transport companies, and internal teams by integrating with their systems via APIs and Excel files to orchestrate optimal routes using proprietary algorithms, while connecting them to a network of independent owner-operator truck drivers called "Lifters."[1][2] The platform solves fragmented logistics challenges in the region—such as inefficient urban transportation, poor visibility, high costs, and unreliable delivery timelines—enabling real-time tracking, data collection for better decisions, and reduced operational expenses.[2][4] With over 300 employees, operations in Colombia, Mexico, and Ecuador, $58.3 million in revenue, and $36.8 million in total funding (including a $22.5 million round in recent years), Liftit demonstrates strong growth momentum in LatAm's logistics sector.[1][3]
Liftit was founded in January 2017 by serial entrepreneur Brian York (CEO), operations expert Felipe Betancourt Celis, and technologist Angel Celis Botto, who built the platform in-house within less than a year.[3][4] The idea emerged from Colombia's fragmented logistics market, leveraging over 500,000 independent truck drivers to create an accessible platform for cargo shipments of all sizes, starting with quick quotations, real-time tracking, insurance, and same-day delivery.[4] Early traction came rapidly: the founders recruited thousands of drivers, secured dozens of small, medium, and large business clients, and partnered with organizations like Mercy Corps for rural logistics strategies targeting farms, co-ops, and associations.[4] Under President Fernando Matias, Liftit has evolved from a Colombia-focused service to a regional leader expanding into Mexico and Ecuador.[2][3]
Liftit's edge in LatAm logistics stems from its three-sided marketplace and advanced tech stack:
These features position Liftit ahead of legacy logistics in a region with high fragmentation.
Liftit rides the LatAm logistics tech boom, fueled by e-commerce growth, urbanization, and demand for efficient urban/middle/last-mile delivery amid infrastructure gaps and 500,000+ underutilized independent drivers.[2][4] Timing is ideal post-pandemic, as shippers seek automation to cut costs and improve reliability in markets like Colombia, Mexico, and Ecuador, where traditional trucking lacks tech integration.[1][3] Favorable forces include rising digital adoption, API-friendly ecosystems, and investor interest (e.g., $36.8M funding, Cambridge Capital backing), enabling Liftit to influence the ecosystem by empowering drivers' incomes, connecting rural producers to markets, and setting standards for traceable, affordable logistics.[1][4][5] As a pioneer, it bridges carriers, drivers, and shippers, potentially reshaping regional supply chains.
Liftit is poised for accelerated expansion with its recent $22.5M funding to enhance automation, targeting SaaS for smaller players and deeper LatAm penetration beyond current markets.[1][2] Trends like AI-driven routing, e-commerce surges, and sustainable urban logistics will propel growth, while partnerships (e.g., Mercy Corps) unlock rural opportunities. Its influence may evolve into a dominant platform, influencing policy on driver networks and inspiring copycats—ultimately transforming Liftit from a regional optimizer into LatAm's logistics backbone, building on its mission to simplify deliveries at scale.[4]
Key people at Liftit.
Liftit has raised $25.0M across 2 funding rounds. Most recently, it raised $23.0M Series B in July 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2020 | $23M Series B | BEN Gordon | Shift ONE, Jason Radisson, 10X Capital, AC Ventures, Alpha4 Ventures, Banyan Tree Ventures, Grupo Transportes Monterrey, H20 Capital, Leonisa, Monashees, NXTP Labs, Wollef | Announced |
| Dec 1, 2017 | $2M Seed | — | Bassin Ventures, Cometa, FJ Labs, Graph Ventures, Latitud, Ride Ventures, Rose Tech Ventures, Social Starts, The ARK Fund, Iqram Magdon Ismail | Announced |