TechCrunch

SEPTEMBER 2, 2021

Today, the company, which is building an “all-in-one expense management platform” for global startups, is announcing that it has raised a $57 million Series B at a $500 million valuation. Mexico is its largest market. Next year, it’s eyeing the Asian market, and Tencent should be able to help with that strategically, he said.

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TechCrunch

OCTOBER 5, 2021

Chile’s Buk , which has developed a human resources management platform for Latin American companies, announced today that it has raised $50 million in a Series A funding round that values the company at $417 million. Secondly, it makes Buk the third most valuable startup in Chile after Cornershop and NotCo.

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TechCrunch

JUNE 1, 2021

The company, which was founded in 2017, already has operations in Mexico, Colombia, Ecuador, Peru, and Chile. The Series B will be used to accelerate growth and expand to Brazil and nine other markets in Central America. That’s why Kushki’s approach has to be somewhat custom in each country. “We

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TechCrunch

AUGUST 13, 2021

Garcia sees three different waves in this market: the first one being traditional supermarkets, where you can spend hours, which led to the second wave of food delivery companies, including some big players in the region — for example Rappi in Colombia, which in July raised $500 million in Series F funding at a $5.25

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TechCrunch

MAY 2, 2022

Chile-based Xepelin aims to do the same with business-to-business payments via a SaaS payments infrastructure that includes financial information in real time, embedded financial services and data models, all to be a company’s “digital CFO” of sorts. We also want to win Mexico.”. Latin America’s second wave of digital transformation.

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TechCrunch

JULY 1, 2021

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. The investment brings Nowports’ total raised since its 2018 inception to over $24 million. Nowports raises $5.3 The company currently has offices in Mexico, Chile, Colombia, and Uruguay.

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TechCrunch

JUNE 25, 2021

Fintual is an automated passive investment platform that allows the average person in Chile or Mexico to invest in mutual funds containing ETFs (Exchange Traded Funds), investment vehicles that aren’t as well known, or as readily accessible in Latin America. After the exit, he admits he was a bit lost in life. . May 2019. 12.9

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TechCrunch

NOVEMBER 11, 2021

Less than six months after raising $8 million in seed funding, Chilean proptech startup Houm has raised $35 million in a Series A round led by Silicon Valley venture capital firm Goodwater Capital. With the latest round, Houm has raised a total of $45 million since its inception.

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TechCrunch

MARCH 16, 2021

Today it announced financing totalling €750 million (around $895 million at today’s rates), money that it will be using to continue expanding its business — specifically, for acquisitions; to launch in new markets in Europe, Latin America and Asia; and to build out the suite of services that it provides to businesses.

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TechCrunch

APRIL 19, 2022

NovoPayment is a global BaaS startup based in Miami that has largely been focused on offering its API platform to customers in the Latin American market. market, as Miami continues to grow as a hub for the financial services sector, according to Perez. NovoPayment’s founder and CEO Anabel Perez Image Credits: NovoPayment.

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TechCrunch

NOVEMBER 22, 2021

The hybrid open source (OSS) and commercial combination is an increasingly popular startup method of attacking markets. announced a $30 million raise for its commercial and open source approach to neural search, for a more early-stage example. More when it inevitably raises again in the next quarter or two. This morning, Jina.ai

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TechCrunch

JULY 30, 2021

In total over its lifetime, Xepelin has raised over $36 million in equity and $250 million in asset-backed facilities. 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. LatAm- and U.S.-based billion valuation.

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TechCrunch

JULY 1, 2021

Mercado Bitcoin , a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. For its part, SoftBank Latin America Fund described Mercado Bitcoin as a “regional leader in the crypto space” that is “ tapping into a huge local and regional addressable market.”.

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TechCrunch

JUNE 1, 2021

Belvo , a Latin American startup which has built an open finance API platform, announced today it has raised $43 million in a Series A round of funding. Citing Crunchbase data, Belvo believes the round represents the largest series A ever raised by a Latin American fintech. Belvo currently operates in Mexico, Colombia and Brazil. .

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TechCrunch

MARCH 2, 2022

Patjane told TechCrunch that he wasn’t immediately looking for additional capital after closing the Series B, and in fact had plans to begin raising again this year. 99 minutos, Mexico’s last mile delivery startup, raises a $40M Series B. That interest didn’t happen before,” he added. Revenue grew three times year over year.

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TechCrunch

FEBRUARY 3, 2022

Bold , a technology company working to enable financial access to electronic payments in Colombia, has raised $55 million in a Series B funding round led by Tiger Global Management. If you go to any flea market in the main cities of the country, you will see that many of the sellers are using Bold to receive payments.

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TechCrunch

APRIL 20, 2022

The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025. Their vision is to connect people who have a smartphone with ways to earn income and raise their quality of life. million to put locals to work over their phones. “We

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TechCrunch

JULY 13, 2021

To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. Marco wants to take that worldwide,” Silva Lombardi said. There is a lot of value to tackle.

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TechCrunch

OCTOBER 21, 2021

He came to the United States for school and stayed to work in marketing roles at Postmates, Wayfair and Getaround before starting Yummy. The company launched this month in Peru and Chile. Yummy raises $4M, aims to be ‘super app of Venezuela’. dollars for thousands of Yummers and drivers.”.

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TechCrunch

MAY 23, 2022

E-commerce is an $85 billion business in Latin America, and as that market is poised to essentially double in three years , the current consumer demands to receive orders on time and packaged correctly will only increase. Joining them is JAM Fund and existing investors Flexport, FundersClub and Vast VC.

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TechCrunch

FEBRUARY 10, 2022

Brazil and Mexico continue to lead as regions where many startups are getting funding, but as LAVCA’s statistics show, some of that investor love is being spread around to other countries like Colombia, Argentina and Chile. market in the verticals of e-commerce, marketplaces, fintech and software. million Series A last October.

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TechCrunch

AUGUST 2, 2022

Mudafy , a tech-enabled real estate broker operating in Latin America, has raised $10 million in a Series A round of funding led by San Francisco-based Founders Fund. With its new capital, Mudafy’s immediate priority is to expand to more cities in Mexico, a market it entered in 2020. In total, the startup has raised $13 million.

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The Next Web

AUGUST 5, 2013

A: Have you raised money? A: But what about dev, marketing, customer service etc? B: It limits my market drastically, but it’s still big enough for me to live comfortably off of. The default route is to raise money, and go big or go home. A: Oh cool, where are you guys based? B: No, the business is bootstrapped.

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TechCrunch

APRIL 6, 2023

billion in the quarter that ended in December 2022 as the Japanese tech investor continues to bleed through the market downturn and significantly pares back new backings. Most recently, SoftBank put money in a funding round raised by Rankmi in Chile. And last year, Latitud raised $11.5 And it plans to continue to do so.

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TechCrunch

JULY 8, 2022

They also recently brought on Jose Jorge Molina, who was previously chief marketing officer for Bitso, to join the founding team to lead marketing. E-commerce is a hot market in Latin America, with the founders estimating it will grow 30% each year. We recently saw Sleek raise $1.7 We recently saw Sleek raise $1.7

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TechCrunch

APRIL 28, 2021

Merama, a five-month old e-commerce startup focused on Latin America, announced today that it has raised $60 million in seed and Series A funding and $100 million in debt. The money was raised “at well over a $200 million valuation,” according to co-founder and CEO Sujay Tyle. . “We billion in 2023.

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TechCrunch

DECEMBER 9, 2021

At the time, the company touted it as “the largest Series B round ever raised in Latin America.”. In total, the company has raised $445 million, of which $345 million is equity and $100 million is debt. Today, Merama has more than 180 employees and a portfolio of 20 brands across Mexico, Brazil, Chile, Colombia and Peru.

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TechCrunch

JANUARY 13, 2022

UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. They applied to Y Combinator, raised a seed round and went back to Colombia to create a program and courses that launched in January 2019. It also plans to double its team of 280 this year.

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TechCrunch

APRIL 7, 2022

Jüsto , the Mexico City-based online grocer, continues to run on all cylinders with a goal of saturating the Latin American market. We previously reported on the company last February when it raised $65 million in a Series A round led by General Atlantic. Mexican online grocer Jüsto raises $65M in General Atlantic-led Series A.

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TechCrunch

DECEMBER 3, 2020

To make the school more affordable, Henry looks to take on the same strategy used by Lambda School, a YC-graduate that has raised over $122 million in known funding: income-share agreements. They’re focusing on all emerging markets and don’t teach to Spanish speakers,” Borchardt said. Now, VCs are giving Henry some cash to do so.

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TechCrunch

AUGUST 17, 2023

At the time, Wonder Brands raised $20 million in venture capital. As a consequence, Wonder Brands stood out due to its strong brand development capabilities in the rapidly growing Latin American e-commerce market,” he said. The company will also hire additional employees, develop new distribution channels and invest in go-to-market.

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TechCrunch

DECEMBER 2, 2021

The company took in $260 million in Series B, just five months after raising $170 million in Series A funding that was led by GGV Capital, Balderton Capital and Tiger Global Management. We were not planning to raise so soon — we had sufficient capital after raising the substantial round in July,” he said. Image Credits: JOKR.

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TechCrunch

APRIL 3, 2023

Kaszek Ventures , one of Latin America’s first venture firms, has raised $975 million across two funds. Since 2011, Kaszek has backed more than 120 companies, which the firm says collectively have raised more than $15.5 Image Credits: Kaszek Kaszek founded its first fund in 2011, raising $95 million, an impressive sum at that time.

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TechCrunch

OCTOBER 21, 2021

Just over five months after raising a $9 million seed funding round , Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management. Each market has its own regulation and nuances, and legacy providers offer poor technology at expensive prices,” he said.

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TechCrunch

AUGUST 30, 2021

For good reason, too: Startups have raised $9.3 How does the Peruvian market behave compared to the United States? Latin America’s market has evolved over a very long time — as long as Silicon Valley and any other hub. Investors should look for younger markets. People often ask me: How are consumers different in Brazil?

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TechCrunch

MAY 24, 2022

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 It also marks Nowports’ third equity raise in less than one year’s time, and brings its total funding to over $240 million since its 2018 inception. It has more than 500 employees.

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TechCrunch

FEBRUARY 25, 2022

It claims that it offers loans that are “built around the needs” of a ride-hailing driver at competitive prices that match rental market prices. For many, it was the only way to be able to have access to the job market they wanted to pursue. It also requires a down payment of 5%, compared to the 20% to 30% required by most banks.

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