4Trans, a firm focusing on crafting financial solutions for the supply chain and logistics industry, has recently secured a substantial pre-Series A investment.
The funding round was led by Zero Gravity Capital, though the exact figure remains undisclosed.
The capital influx will enable 4Trans to fortify its footprint in the Eastern European markets of Poland and Slovakia. Additionally, it will facilitate the company’s plans to expand its workforce and implement further technological enhancements to its innovative platform.
As a key player in the FinTech sector, 4Trans caters to small and medium-sized logistics companies, as well as independent hauliers. The firm offers an array of financial products enabling its clients to unlock trapped cash from outstanding invoices. This unique feature empowers these businesses to deploy their funds more effectively, thus augmenting their operational capabilities and fuelling growth initiatives. Furthermore, the strategic partnership with Allianz Trade adds feather to their cap by facilitating the offering of insurance products to their clientele.
The fresh investment will fuel the company’s aspirations to reach even more logistics SMEs, helping them navigate cash flow challenges and capitalise on growth opportunities. So far, 4Trans has financed an impressive 90,000 invoices, accumulating to over €80m, signalling a robust 350% year-on-year growth rate.
CEO of 4Trans, Jaroslav Ton, acknowledged the importance of the investment, “This investment from Zero Gravity Capital represents more than just financial backing. It’s about aligning with a partner who shares our vision and can bolster our expansion plans and technological innovation. With Zero Gravity’s Zero One Hundred Conferences platform, we’re positioned to access a wealth of knowledge, experience, and networking opportunities that will propel our growth. We’re incredibly excited about the promising future this partnership heralds.”
Furthermore, Alexandr Lagazzi, CMO of 4Trans, emphasised the company’s value proposition, “We are addressing a critical need in the FinTech market, and our solutions are resonating with our target audience. This is evident from the significant, 350% YoY traction we have already demonstrated.”
It’s noteworthy that 4Trans is no stranger to receiving financial backing, having raised a record-breaking €18m in its seed round last year.
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