Kenyan logistics startup Leta has successfully raised $5 million in an initial funding round. The company plans to use the funds to enhance its products and expand into strategic markets across Africa, including Rwanda and Mauritius.
Founded in 2022, Leta helps companies improve goods transportation to reduce costs and minimize environmental impact.
Its AI-powered platform optimizes delivery routes, provides real-time tracking, simplifies payment processes, and turns shipping data into actionable insights.
Since its seed funding round in 2022, Leta has achieved a fivefold increase in revenue, handled 4.5 million deliveries, transported 150,000 tons of goods, and managed 7,400 vehicles.
The company has expanded from Kenya to Uganda, Nigeria, Zambia, and Zimbabwe, assisting leading companies such as KFC, EABL, Fargo Courier, and Jirani in reducing costs and improving efficiency.
