Mercado Labs, an online platform that automates the first mile of the import supply chain, has closed a Series A investment led by SJF Ventures. Existing investors, LiveOak Venture Partners, Ironspring Ventures, and Supply Chain Ventures also participated in the round.

Mercado is an Import Management System designed to bring order to imports by transforming the supply chain. Effectively connecting buyers and sellers by optimizing the First Mile, or first 120 days, of the supply chain. By enabling businesses to improve their supply chain, Mercado provides the collaboration, transparency, and predictability importers need to navigate the complex world of global trade.