clicOH

Based in Cordoba, Argentina, clicOH provides tech-enabled logistics and fulfillment solutions for e-commerce companies operating across Latin America. The business-to-business software platform integrates directly with online storefronts to manage inventory, warehousing, and last-mile delivery, currently processing a shipped package every 20 seconds. Operating with a workforce of 175 employees and generating approximately $57.2 million in annual revenue, the enterprise serves a diverse client base ranging from independent Shopify merchants to multinational beverage corporations like AB InBev and Red Bull. The Y Combinator alumni organization has secured roughly $33 million in total equity funding, highlighted by a $25 million Series A round led by Tiger Global Management to finance broader regional expansion and the 2024 acquisition of logistics firm Rayo. clicOH was officially founded in 2018 by Juan Martin Altamirano, Agustin Novillo Saravia, and Emiliano Segura.

High-Level Overview

clicOH is a logistics technology company that provides Amazon-like fulfillment and delivery services tailored for e-commerce businesses across Latin America. It operates the region’s largest logistics network, offering end-to-end solutions including warehouse storage, order packing, and last-mile delivery with same-day and next-day speeds. By leveraging advanced warehouse management systems and AI-powered route optimization, clicOH enables e-commerce companies—ranging from small Shopify merchants to large brands like AB InBev and Red Bull—to scale efficiently without investing in their own logistics infrastructure[1][2][3].

For an investment firm, clicOH represents a high-growth opportunity in the fastest-growing but underpenetrated Latin American e-commerce logistics sector, with a mission to revolutionize regional logistics infrastructure. Its investment appeal lies in its proprietary technology, rapid expansion across multiple countries (Argentina, Mexico, Chile, Uruguay, Colombia), and strong growth momentum, processing a package every 20 seconds and growing monthly package volume by about 30%[2][5].

For a portfolio company, clicOH builds a technology-driven logistics platform serving B2B e-commerce businesses in LatAm. It solves the problem of fragmented, slow, and costly logistics by providing fast, reliable, and cost-effective fulfillment and delivery services integrated with merchants’ online stores. Its growth is fueled by the surge in e-commerce accelerated by the pandemic and the lack of existing tech-enabled logistics infrastructure in the region[1][2][3].

Origin Story

Founded in 2018 in Córdoba, Argentina, by Agustín Novillo Saravia, Emiliano Segura, and Juan Martín Altamirano, clicOH emerged from the recognition that Latin America’s logistics infrastructure was ill-prepared for the rapid e-commerce growth post-pandemic. The founders brought experience in technology and logistics and identified a critical market gap: enabling e-commerce sellers to offer Amazon-level delivery standards without building their own logistics networks[2][5].

The company evolved from a startup into a regional leader by launching its current business model in 2020, scaling rapidly with early traction from both large enterprises and small merchants. Key milestones include joining Y Combinator in 2021, raising $33 million in funding (including a $25 million Series A led by Tiger Global in 2022), and strategic acquisitions like Chile’s last-mile delivery company Rayo and Colombia’s Logysto to consolidate its market position[2][4][5][7].

Core Differentiators

• Amazon-like logistics experience: Same-day and next-day delivery speeds with a distributed fulfillment network close to demand centers.
• Proprietary technology: AI-powered route optimization, warehouse management systems, and real-time shipment tracking dashboards integrated with popular e-commerce platforms (Shopify, WooCommerce, MercadoLibre, etc.)[1][3].
• Asset-light model: Enables penetration across multiple Latin American countries without heavy capital investment in physical assets[5].
• Comprehensive logistics services: End-to-end management from inventory storage to last-mile delivery, reducing operational complexity for merchants.
• Strong growth and network expansion: Processing a package every 20 seconds, growing monthly volume by 30%, and expanding geographically through acquisitions and new market entries[2][4][7].
• Customer base diversity: Serving both large multinational brands and small-to-medium e-commerce sellers, supporting a broad ecosystem.

Role in the Broader Tech Landscape

clicOH rides the rapid e-commerce adoption wave in Latin America, a region where digital commerce penetration accelerated by 5 to 10 years within a few months due to the pandemic. The timing is critical as traditional logistics infrastructure in LatAm is fragmented, slow, and costly, creating a strong demand for tech-enabled, scalable logistics solutions[2][5].

Market forces favor clicOH’s growth: increasing internet penetration, rising consumer expectations for fast delivery, and the expansion of cross-border e-commerce. By providing a unified, tech-driven logistics platform, clicOH not only improves delivery standards but also lowers costs and operational barriers for merchants, thus fueling the broader digital economy in the region[1][3][5].

Its influence extends beyond logistics by fostering an ecosystem where e-commerce businesses can grow sustainably, including developing new products and partnerships that strengthen seller capabilities[2].

Quick Take & Future Outlook

Looking ahead, clicOH is poised to continue its rapid regional expansion, with plans to enter Colombia and other Latin American markets. The company will likely deepen its technology development, enhancing AI capabilities and logistics automation to further improve delivery speed, cost efficiency, and customer experience[2][5].

Trends shaping its journey include the ongoing digital transformation of retail, increasing demand for same-day delivery, and the rise of omnichannel commerce. As clicOH scales, it may evolve into a critical infrastructure provider for Latin American e-commerce, potentially influencing logistics standards and enabling more businesses to compete globally.

Its strategic acquisitions and ecosystem-building efforts suggest a future where clicOH is not just a logistics provider but a platform empowering e-commerce growth across LatAm, tying back to its mission of delivering Amazon-level logistics to all merchants regardless of size[4][7].