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Transportation startup DeltaX is accelerating its plans to digitize the trucking industry in its native Bolivia and beyond thanks to a recent $1 million seed round. Millions of tons of cargo are transported each year via the Pan-American Highway and its branches across Colombia, Ecuador, Peru, Chile, Bolivia and Paraguay.
The fintech currently has over 4,000 clients in Chile and Mexico, which currently has a growth rate “four times faster” than when Xepelin started in Chile. The team has deep experience in the sector and has proven a perfect fit of their user-friendly product with the needs of the market.”. billion valuation.
Chile-based Migrante is working to change that. The team built their own online marketplace with embedded financial tools, a strategy Canals said was so they could control the entire customer journey. They started in Chile, which is a competitive market, and are now growing in Peru and into Colombia and other parts of the region.
Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. million to become Latin America’s digital shipping answer to Flexport. The company currently has offices in Mexico, Chile, Colombia, and Uruguay. A number of angels also put money in the round, including Justo.mx
Merama , which acquires or launches Latin American digital brands, hit a $1.2 Today, Merama has more than 180 employees and a portfolio of 20 brands across Mexico, Brazil, Chile, Colombia and Peru. Its prominent brands include Mexican consumer electronics company Redlemon and Bebesit, a baby products seller in Chile.
Put simply, Kushki aims to help make it easier, cheaper and more secure for businesses across LatAm to send and receive/process digital payments. The end goal is to help these businesses — such as digital banks — grow faster online and drive consumer adoption of digital payments. Europe, APAC and Brazil. billion. .
This is what Ocular Solution, which participated in Startup Alley at TechCrunch Disrupt, is hoping to solve in the digital world, with a platform that helps clients add a video chat element to their site and integrate it with their existing tools, from HubSpot to Pipedrive.
At the time, Zubale was slightly different, looking to connect big corporations with workers to take on tasks, like market research to earn mobile phone credits or other kinds of digital rewards. So imagine what we have achieved, and now our execution is laser focused with Brazil and Chile, which have been very huge opportunities for us.”.
Merama partners with e-commerce product sellers in Latin America by purchasing a stake in the businesses and working with their teams to help them “exponentially” grow and boost their technology while providing them with nondilutive working capital. It is currently focused on Mexico, Brazil, Argentina and Chile.
It has backed companies across the region including in Brazil, Mexico, Chile, Colombia, Argentina and Ecuador. Managing Partners Shu Nyatta and Paulo Passoni run the region’s investment team. Operating Partner Alex Szapiro, also head of Brazil for SoftBank, leads the fund’s operations team.
Santiago-based Houm plans to use the new capital mostly to expand to 15 new cities across Mexico, Colombia and Chile — the three countries in which it currently operates — as well as to triple its current headcount of 350. Houm also invests in digital marketing, in an effort to provide greater visibility and access to customers.
Mentum is out to change that in Latin America, and is working on customizable investment APIs and widgets so businesses in Latin America can build and offer fully digital investment products, like local mutual funds, ETFs and stocks, to their customers. We’re excited to back Gus and his team as they usher in the next generation of banking.”.
The digital transformation of banking and payments services is a red-hot trend that’s shown no signs of slowing down. The fundraise marks a personal achievement for Perez, too, as a Latina female founder with venture backing; less than 2% of venture dollars raised in 2021 went to all-female founding teams, data from Pitchbook showed.
Rounding out the team are Nicolas Berman, former VP at MercadoLibre, Santiago Fossatti, Andy Young and Mariana Donangelo. Also, Connecticut-based Wesleyan University is an LP with Chief Investment Officer Anne Martin describing the founding team as “internet pioneers.”.
“The digital marketing world is growing very fast and the demand for highly-skilled professionals is constantly increasing,” CEO Khlebinsky said. “The complexity of digital marketing tools is booming too — just several years ago we couldn’t imagine the technologies we use today.”
Co-founders Roberto Enrique Kafati Santos and Jose Maria Serrano started the company after a career at McKinsey leading digital payments for Kafati Santos and in private equity at Carlyle for Serrano. The team, and the vision they had with Jose (Molina) joining, has had strong execution to date.”.
Across Latin America, e-commerce purchases are expected to grow by double-digits annually by 2024. Skydropx team. The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru.
The company now has 40 employees, a 2x year over year increase, and is currently hiring for its research team. Nowadays’ pea-based nuggets debuted in Whole Foods stores in California, and Chile-based NotCo launched its plant-based chicken sandwiches and nuggets in Burger King Chile. In fact, “total U.S. Among that figure, $1.4
We seek out exceptional founding teams whose business plan is centered on the strategic utilization of technology to gain a competitive advantage. Geographically, Kaszek has been most active in Brazil and Mexico, and has also invested in teams based in Colombia, Chile, Argentina, Ecuador, Peru and Uruguay.
With more people in Latin America getting used to making purchases digitally, the company has experienced a major surge in business over the past year. Having just raised $30 million in a Series C round in October and achieving profitability in 2020, the Nuvemshop team was not looking for more capital.
Nowports , an automated digital freight forwarder in Latin America, has raised $150 million in a Series C funding round which values the company at $1.1 To quote my colleague Anna Heim, digitizing freight forwarding is a global challenge because the sector still lacks transparency and efficiency. It has more than 500 employees.
Truora participated in Y Combinator’s Winter 2019 cohort and soon after expanded into digital identity and authentication technologies. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Today, 70% of the company’s leadership team are women and 45% of its staff are women.
Today, the company has a team of more than 70 employees in Argentina, Chile, Mexico, Colombia and Brazil. That’s when Ferraro, who previously led the growth of Mercado Pago Point in Latin America, came onboard, and was joined by COO Rafael Teles, also a former executive at Mercado Pago, earlier this year.
CEO Juan Gavito, who was previously in digital advertising, and Garay have backgrounds in private equity and venture capital, while Santiago Gavito was scaling startups. After acquisition, the Quinio team focuses on increasing sales, operations efficiency and optimizing cost structures.
Earlier this week , we told you about TechSoup partner CDI Chile 's plan to restore connectivity to Chilean NGOs. Today, the telecentre is in Lota , one of the poorest cities and Chile and one of the communities hit worst by the earthquake. Tags: Community Tech Centers Digital Divide. But more donations are still necessary.
But it’s seeing “a lot of opportunity” in other markets in Latin America, especially in Chile, Peru and Argentina, Viguera told TechCrunch. “In Latin America’s digital transformation is making up for lost time. The company also aims to launch its bank-to-bank payment initiation offering in Mexico and Brazil.
Founded in mid-2019, Mudafy operates with a typical digital brokerage model — aiming to make it easier for people to buy and sell their homes and serve as a “one-stop shop” in the process. Longer term, it is exploring the possibility of moving into other Latin American markets such as Colombia, Perú and Chile.
Wharton Digital Press' first eBook, The Leader's Checklist by Michael Useem, goes on sale on June 21, but you can download a free copy between June 21 and 28 wherever eBooks are sold. The book will ultimately sell for $6.99. I recommend getting your free copy. Build enduring personal ties with those who look to you.
Ben Horin noted that TechSoup Global did not have a partner in Haiti, but they did in Chile. Microsoft researchers are collaborating with the academic community on environmental problems, such as aggregation and visualization of complex scientific data from many sources.
According to the Inter-American Development Bank, over the next 10 years, digitized public services alone could stimulate 5.7 Imagine the impact on GDP if companies invested in improving digital inclusion, as well — consumers could gain access to online goods and services, and more people could start 100% digital companies.
TechCrunch has learned from sources that more than 50 employees were affected across multiple departments; the engineering team took the biggest hit, with around 60% of those laid off coming from the department, according to people familiar with the matter.”. The company says its jump into the U.S.
As he pointed out, pricing in some fintech categories dropped almost 60% according to Pitchbook, and digital and crypto companies are down over 65%. “We The startup says it will also continue to grow its local presence and team in EMEA. This will now be offered to 22 fintech companies across Mexico, Argentina, Chile, Colombia and Peru.
Since our last storytelling Twitter chat , both the opportunities and challenges in producing a great digital story have increased. Teams get overwhelmed by choice, opportunity, and discussion about which stories are the most important to tell. SANTIAGO, CHILE. Chile Summer Time (1 p.m. SOUTH AFRICA. LUSAKA, KENYA.
The entire team has joined OpenAI to work on our core products including ChatGPT.” The company said that since March 2023, its security teams have uncovered 10 malware families using ChatGPT (and similar themes) to deliver malicious software to users’ devices. “In
TL;DR: Live stream Paraguay vs. Chile in World Cup qualifiers for free on SBS On Demand. Chile have not performed well in qualification for the 2026 World Cup , but there is still time to turn things around. Next they travel to Paraguay to face a team that's unbeaten in six games, and recently beat both Argentina and Brazil.
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