Cuervo, revealed Carryt’s current performance of 750,000 monthly deliveries, with an aspiration to reach 2.3 million. The company, which integrates technology with an independent transporter network to optimize delivery costs and service levels, plans to enhance brand value by expanding geographic coverage and using purchase analytics for marketing campaigns.
Since its inception, Carryt has raised funds through debt, grants, and investors, totaling $7.7 million. The company reported revenues of $5.2 million in 2022 and projects $13 million for 2023. Cuervo emphasizes on profitability through execution levels and geographic expansion, transforming local stores into fulfillment points. Using OCR and AI algorithms, Carryt provides real-time purchase data for client strategies and supports financial inclusion by connecting 90,000 independent resellers with personalized financial services.
The company also focuses on environmental initiatives, offsetting carbon emissions and promoting electric vehicles. Carryt has secured contracts worth $54 million for the coming months.
