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COBLI: IoT TECHNOLOGY IN BRAZIL


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BY : Diego GutiérrezNovember Thu, 2019

Cobli is a Brazilian start up dedicated to the transport and logistics sector, which has just sold part of its shares to new investors such as the Fifth Wall Ventures fundin a financing round valued at 10M$.

This 2019, logistics and transport start-ups continue to attract investment from foreign investors to Brazil.

WHO IS COBLI?

Cobli is a leading IoT technology company for connected vehicles and logistics in Latin America, operating in 100 Brazilian cities.

Its system works with sensors that track vehicle movement, location and interactions with the environment and customers. In other words, it allows them to be monitored in real time.

cobli

Equipped with the device IdC In addition to the company's own data, partners can access data ranging from engine idle time and fuel consumption, to vehicle stops and routes, to vehicle speed.

With this solution, smaller companies can compete against the big names in the market and better retain their competitive advantage.

In the end, partners finally gain more control over field operations with the software.

For example, to save fuel and time, such partners can optimise routes that help drivers spend less time on the road, while generating driving reports to ensure that operators do not drive recklessly or waste resources.

ACKNOWLEDGEMENTS

It is the first Latin American company to win the "The first Latin American company to win the "Harvard Business School-New Venture Competition".

She was also honoured by Linkedin as one of the 10 best openings in Brazil.

Its technology can decipher drivers' speed due to speed alerts, and data analysis allows customers to minimise costs, improve delivery times, and streamline processes.

NEW INVESTORS

Last October, Cobli sold part of its shares, in a Series A round worth 10M$The company has also attracted new shareholders such as Fifth Wall Ventures, Valor Capital Group and NXTP Ventures.

With these new resources, you will improve your fleet and staff productivity by 27%.

This will double the number of employees in departments such as software, data science, electrical engineering, customer success and partnerships.

In addition, the company also aims to send real-time data related to vehicle temperature to increase the accuracy of monitoring.

OTHER SIMILAR ROUNDS IN THE SECTOR

PROPHESEE

Founded in 2013 and based in Paris, uses neuromorphic computing to create vision sensors with greater efficiency and performance than traditional sensors.

The technology of Prophesee mimics the functioning of the brain and eyes in humans.

In October, this start-up sold part of its shares and managed to raise 28M$ in an investment round, led by the European Investment Bank, for the launch of the first production-ready, event-driven sensor.

APPYPARKING

It is a British company, founded in 3013 and specialising in technology and mobility management.

Appyparking is transforming parking, enabling parking operators to better manage their assets.

Just a few months ago, it has recently managed to sell part of its shares in a Series A financing round worth nearly 9.5M$.

This includes new strategic investments by Hyundai Motor Company and Sumitomo Corporation.

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