Victoria-based Cuboh, a startup that helps businesses integrate delivery services onto a singular platform, has raised a $1.6 million seed round.
The round was raised from Altair Capital, Good News Ventures, and Dash40 Ventures. The new funds will help Cuboh expand its sales and marketing operations as well as accelerate product development and push new features to market faster.
“As a seed round, this investment proves that we found product-fit rather early and we will continue creating great technology,” said Juan Orrego, Cuboh’s co-founder and CEO. “As a matter of fact, investors oversubscribed to this round, as late investment by Dash40 Partners was accepted. [Dash40] had an expertise and network we just couldn’t pass on.