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Summary*

Mandae, founded in 2013 and headquartered in Sao Paulo, Brazil, operates as an innovative logistics platform. The company utilizes advanced algorithms to optimize carrier selection for shipments and employs artificial intelligence to provide real-time tracking visibility. Mandae's services encompass the entire logistics process, from collection at distribution centers to final delivery.

Since its inception, Mandae has raised approximately $11.45 million in funding, demonstrating investor confidence in its business model. The company's use of cutting-edge technology in the logistics sector has positioned it as a notable player in the Brazilian market.

In a significant development, Mandae was acquired by Nuvemshop in October 2021. This acquisition may have implications for any potential plans for an initial public offering (IPO). However, as of now, there is no concrete information or official announcements regarding Mandae's IPO prospects.

Given the lack of recent news or reports about Mandae's IPO plans, it's not possible to make any predictions about the company's public market debut. Investors interested in Mandae or similar companies in the logistics technology sector should continue to monitor official company announcements and credible financial news sources for any updates on potential IPO activities.

How to invest in Mandae

While Mandae's IPO prospects remain uncertain, investors interested in the Brazilian e-commerce and logistics sector don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides opportunities to invest in potential industry leaders like Mandae, with lower minimum investments than traditional private equity options. This allows you to diversify your portfolio and potentially benefit from the growth of emerging companies in the Latin American tech space.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.