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Mandaê

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Reinventing logistics with world-class technology

São Paulo, BrazilFounded 2014Transportation
Valuation $25–50M Last recorded · 2018
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
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About Mandaê

Mandaê operates as a technology-driven logistics platform in Brazil, specifically catering to the needs of small and medium-sized e-commerce businesses. Founded in 2014 by Marcelo Fujimoto and Karim Hardane, the company was established to address the significant logistical challenges within the Brazilian market. Fujimoto, a Brazilian native raised in the United States with a background in finance at firms like JPMorgan, experienced these challenges firsthand with a previous e-commerce venture in infant apparel. This direct exposure to the inefficiencies of shipping, packing, and delivery in Brazil became the foundational problem Mandaê was built to solve.

The company's business model is centered on aggregating multiple carriers into a single, streamlined service contract. This asset-light approach allows Mandaê to offer more competitive pricing and delivery times than a single carrier could provide across all regions of Brazil. It functions as a multi-sided platform, managing the entire parcel supply chain from collection at the merchant's location to final delivery. Clients, primarily online stores with over 200 monthly shipments, use Mandaê's platform to import sales, request parcel collections, and manage their shipping operations. Technology is core to the service; proprietary algorithms analyze factors like price, delivery timeframe, and destination to select the most efficient carrier for each individual package. This can result in shipping cost savings of up to 35% for its clients.

The platform provides a comprehensive logistics solution, including a centralized management dashboard with performance indicators, and a tracking tool called Rastreaê for both merchants and their end-customers. The service is designed for integration with major e-commerce platforms and ERP systems. A significant milestone in the company's history was its acquisition in October 2021 by Nuvemshop, a leading Latin American e-commerce platform. This event integrated Mandaê's logistics expertise into Nuvemshop's broader ecosystem, aiming to provide a more complete solution for online merchants. Following the acquisition, Mandaê continued to serve its existing clients while also developing exclusive services for Nuvemshop merchants, such as 'Nuvem Envio'.

Source: Dealroom company data

At a glance

Founded
2014
Headquarters
São Paulo, Brazil
Sector
Transportation

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

Series A9 investors entered at this stage

Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇧🇷 Brazil100%
1 country shown

Market sentiment

Posts on X, past 7 days

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Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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