Yolda is a freight-tech company that coordinates less-than-truckload (LTL) shipments by aggregating freight from multiple shippers to maximize cargo space and reduce costs and emissions. The startup has recorded consistent monthly growth of over 25% and has completed roughly 8,000 trips and more than 30,000 shipments. Since its April 2020 inception, Yolda has raised a total of $8 million. The company plans to allocate the majority of its new $5 million bridge funding to enter the German market. Management says it will continue investing in its technology roadmap, prioritizing location-based services, improved algorithmic load/vehicle matching, and dynamic pricing. Yolda aims to become a data- and product-oriented company as it expands abroad. Yolda.com operates a digital freight-forwarding platform that matches freight shipments with available independent carriers and consolidates LTL loads to maximize truck capacity. The platform manages end-to-end logistics for B2B partners, offering shipment creation, tracking via a control panel, and detailed reporting. Yolda.com has partnered with more than 50 logistics companies and thousands of individual carriers in Turkey, serves over 400 corporate and SME customers, and completed more than 15,000 shipments in its first year. Founded in 2020 in Istanbul, the company differentiates by reducing customers’ costs and carbon footprint through load consolidation and sharing-economy dynamics. After a year focused on Turkey, Yolda.com plans to expand into the broader European market and invest in in-house technology to increase automation and operational efficiency. yolda is a Turkish digital logistics operator that provides a marketplace service offering partial shipment services to businesses. It automates transportation processes and digitizes logistics operations to connect companies with carriers. Customers can track shipments via the company’s intelligent control panel and measure logistics performance with detailed reporting services. The company provides logistics services from Istanbul to 80 provinces and 922 districts. yolda was co-founded by Volkan Özkan and C. Murad Özsert. The startup raised $830K in seed funding and plans to use the proceeds to expand its team and increase automation and operational efficiency.

Total raised

$8M

Funding rounds

3

Latest round

Equity

Latest activity

Dec 2021