Moova

About Moova

Moova is a logistics technology company founded in Buenos Aires, Argentina, in 2018 by Antonio Migliore and Marcos Detry. The company targets the last-mile delivery segment within the logistics market, aiming to enhance efficiency and sustainability. Antonio Migliore, serving as co-CEO, brings extensive entrepreneurial experience from prior ventures in Latin American logistics and technology, including projects that were foundational to what is now Mercado Envíos. Marcos Detry, the CTO, has a background as the founder and CTO of DeRemate.com, a major e-commerce platform.

The company operates on a dual business model. Firstly, it provides direct last-mile delivery services, such as same-day and next-day options, for its clients, which primarily consist of e-commerce enterprises. Secondly, Moova licenses its proprietary technology platform to other logistics and courier companies through a Software-as-a-Service (SaaS) model. This technology utilizes artificial intelligence to optimize delivery routes, connecting businesses with vehicles that have unused or idle capacity. The platform includes an API for integration with online stores, offering features like real-time delivery tracking and electronic proof of delivery. This approach allows logistics businesses to generate additional income by utilizing their existing fleets more effectively.

Since its inception, Moova has expanded its operations across multiple countries in Latin America, including Mexico, Peru, Colombia, and Chile. The company has secured significant funding to fuel its growth, raising a total of $15 million over four rounds. Key funding milestones include a $10 million Series A round in June 2022 and a subsequent $5 million round in June 2023, led by Toyota Tsusho, with participation from investors like FJ Labs, Wayra, and Alaya Capital. In April 2025, Moova expanded its footprint into Europe through the acquisition of the Spanish company Vonzu.