Singapore-based vertical Saas platform GoComet, announced raising $7 million in its Series A funding round co-anchored by Rider Global and Atlas Ventures, BusinessNewsAsia.net has reported.

Started in 2018 by Ayush Lodhi, Chitransh Sahai, Gautam Prem Jain, and Mehul Katiyar, GoComet is a multi-modal logistics and transportation platform that enables global businesses to automate their end-end logistics profitability.

The platform allows organisations to reduce freight costs, track shipments in real-time, optimise operations, and, most importantly – save costs. GoComet has also enabled companies to get automated real-time updates on worldwide port congestion.

GoComet said it will use the fresh funding to further develop its platform and accelerate its customer growth and expansion in the US and Europe, in line with its goal to become a global leader in the multi-modal logistics solutions space.

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