Llewo
First eco-sustainable last mile delivery service makes its green fleet available to its customers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
€4.2m | Series A | ||
| Total Funding | 000k | ||
| EUR | 2021 | 2022 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | (15 %) |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| % profit margin | (25 %) | (79 %) |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
Llewo is a Spanish logistics company that focuses on providing sustainable last-mile delivery services. The company was founded in 2017 and initially operated under the name Gas2Move. It was promoted by Enagás Emprende, the corporate venturing arm of Enagás, which is dedicated to investing in and accelerating startups in the energy transition and decarbonization sectors.
In a significant milestone, ILUNION, a business group with a focus on social impact, joined Enagás in 2021 as a shareholder in Llewo. This partnership aims to expand Llewo's operations throughout Spain, building on its existing presence in 27 provinces. The collaboration also reinforces Llewo's commitment to social responsibility by promoting the inclusion of employees with disabilities and those at risk of social exclusion. In 2020, the company's workforce grew to 400 direct employees, with numbers exceeding 500 during peak e-commerce periods.
Llewo's core business revolves around offering 100% eco-sustainable transportation of goods and last-mile delivery for the e-commerce market. It serves logistics operators by making its green fleet available to them. The company's business model is designed to improve the energy efficiency of its clients and reduce their environmental impact without compromising service quality. Llewo utilizes a fleet of vehicles powered by alternative energies, including Natural Gas Vehicles (CNG and LNG), and is actively developing the use of biogas, electricity, and hydrogen-powered vehicles. Recently, the fleet was expanded to include electric vehicles and pedal-assisted tricycles for urban deliveries. In 2020 alone, their vehicles covered 12.4 million kilometers, completing over 72,000 services and delivering nearly half a million parcels.
Keywords: sustainable logistics, last-mile delivery, eco-friendly transport, alternative energy vehicles, green fleet, e-commerce delivery, corporate social responsibility, decarbonization, energy efficiency, natural gas vehicles, electric vehicles, sustainable mobility, logistics operator, Enagás Emprende, ILUNION, Spain logistics, urban delivery, goods transportation, environmental impact reduction, social inclusion.