TechCrunch

APRIL 27, 2022

The Brazil-based company offers a digital marketplace to connect small and medium-sized companies with suppliers to discover and purchase new inventory. And, after establishing a footprint in Brazil, the company is accelerating its international expansion to Mexico and Colombia later this year. million seed round.

Colombia 75

Colombia Mexico Brazil America 75

TechCrunch

JULY 21, 2021

The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80 million since inception. It plans to use the new capital mostly to continue acquiring e-commerce brands across Mexico, Brazil and Colombia as well as to do more hiring.

Raise 101

Raise Mexico United Kingdom Colombia 101

TechCrunch

OCTOBER 27, 2020

By digitizing what had been a primarily analog industry, the company has managed to hit a $10 million revenue run rate and sign up 3,000 stores since its launch eight months ago. And that’s just in Colombia alone, said Lafaurie. “Colombia was the most-locked-down country in the whole world.

America 99

America Colombia South America Ecuador 99

TechCrunch

JUNE 1, 2021

Some of the functionalities they build enable both local and cross-border payment players in credit and debit cards, bank transfers, digital cash, mobile wallets, and other alternative payment methods. “We The company, which was founded in 2017, already has operations in Mexico, Colombia, Ecuador, Peru, and Chile.

Ecuador 99

Ecuador South America Build Brazil 99

TechCrunch

APRIL 16, 2021

Today, the Colombia-based company announced a $3 million pre-Series A led by MatterScale Ventures and Kayyak Ventures. In addition to Colombia, the company already has operations in Mexico and plans to use part of the funding to expand further in the region as well as building out a marketing and sales team, which it hasn’t had thus far. .

Colombia 79

Colombia Tanzania Raise Mexico 79

TechCrunch

MARCH 22, 2021

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.

Raise 108

Raise Argentina Brazil America 108

TechCrunch

OCTOBER 13, 2020

After several failed startup attempts and nine years spent building Nuvemshop into Latin America’s answer to Shopify, the four co-founders of the company have managed to raise $30 million in venture capital funding as they look to expand their business. Latin America’s digital transformation is making up for lost time.

Raise 93

Raise America Peru Colombia 93

TechCrunch

SEPTEMBER 8, 2021

In late May, the startup announced it had raised $35 million in an equity round led by Union Square’s Opportunity Fund, and $30 million in debt funding from Architect Capital. Addi is currently available for e-commerce, mobile and brick-and-mortar purchases in Brazil and Colombia, with plans to expand across Latin America in the coming years.

Raise 92

Raise Colombia America Brazil 92

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. Then in 2020, the company issued Futecoin, the world’s first digital asset based on FIFA’s solidarity mechanism. . “We Today, Mercado Bitcoin has about 500 employees.

Raise 103

Raise Brazil America Mexico 103

TechCrunch

MAY 24, 2021

And now, the early-stage VC firm is announcing its largest fund closures to date: Kaszek Ventures V, a $475 million early-stage fund, believed to be the largest vehicle of its kind ever raised in the region, and Kaszek Ventures Opportunity II, a $525 million for later-stage investments.

Fund 97

Fund Raise Argentina Uruguay 97

TechCrunch

FEBRUARY 11, 2021

Treinta , a startup that is part of the Winter 2021 Y Combinator cohort , announced this morning that it has raised north of half a million dollars for its bookkeeping and inventory management software aimed at Latin American small businesses. Lockdown in Colombia forced many small businesses online in a hurry.

Colombia 91

Colombia Fund Brazil America 91

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. .

API 89

API Mexico Service Brazil 89

TechCrunch

JUNE 7, 2022

Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 The startup had raised $86 million in the first tranche of the financing in June of 2021 at a post-money valuation of $600 million. Europe, APAC and Brazil.

Ecuador 118

Ecuador America Peru Chile 118

TechCrunch

JULY 29, 2021

IDC Ventures, Digital Bridge and IDB Invest co-led the round, which also included participation from MGM Innova Group, Celtic House Venture Partners, Palm Drive Capital and previous shareholders. The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception.

America 98

America Colombia Online Service 98

TechCrunch

MARCH 16, 2021

The company is already active in 33 countries (most recently Chile, Colombia and Romania) and has some 3 million businesses as customers. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.

Business 120

Business Raise Paypal Lithuania 120

TechCrunch

OCTOBER 27, 2021

In June, Nu raised a $750 million round led by Berkshire Hathaway at a $30 billion valuation, making it one of the most valuable unicorns in the world. Since its 2013 inception, Nu has raised $2.3 Since its 2013 inception, Nu has raised $2.3 TechCrunch dug deep into Nu in this series earlier this year.

Files 125

Files Public Brazil Colombia 125

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. For one, it represents one of the largest (if not the) largest Series A rounds raised by a Latin American startup to date.

Chile 86

Chile Platform Management Peru 86

TechCrunch

APRIL 20, 2022

Morado, a two-month-old Colombian startup aiming to digitize beauty salons in Latin America, has raised $5 million in a pre-seed round from a bevy of global investors. Eight-five percent of beauty salons have still not adopted any kind of digital tool. The industry lacks technology in every aspect.”.

Industry 69

Industry Colombia Raise America 69

TechCrunch

MARCH 10, 2022

On Wednesday, TechCrunch reported on Mara, a São Paulo-based startup that aims to “reinvent” the grocery shopping experience for the underserved in Latin America, and its $6 million raise. Today, we look at Yuno , a two-month-old Colombian payments startup which has raised $10 million in a seed round of funding.

Raise 92

Raise Brazil Colombia America 92

TechCrunch

MAY 6, 2021

Fintechs have raised $23B across the regions since 2017. While this dropped last year to $362 million, companies like Flutterwave, TymeBank, Kuda have raised sizeable rounds during this period. Latin America is home to a growing base of digital users, enabling regulation and reforms, and vibrant small businesses.

Report 124

Report Marketing Africa India 124

TechCrunch

OCTOBER 11, 2022

It is digitizing that process so they can more easily sell from home. Founder and CEO Zach Oschin started the Colombia-based social commerce company in 2018 (and participated in our Latin American Startup Battlefield that year) to move the traditional independent sales process online.

Colombia 84

Colombia Social Online Mexico 84

TechCrunch

JULY 8, 2022

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. Addi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuation. We recently saw Sleek raise $1.7

Colombia 88

Colombia Ecuador Chile America 88

TechCrunch

JANUARY 7, 2022

Bfree , a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round, to tap the opportunities in emerging markets, where digital lending apps have recently sprung up in droves. million, having realized $800,000 in a seed round last May. Image Credits: Bfree.

South America 98

South America Europe Asia Africa 98

TechCrunch

NOVEMBER 1, 2021

As the neobanking boom has matured into a collection of large digital banks, we’re slowly getting a better picture of the economics of such business efforts. Leading startups and unicorns in the market niche have raised tectonic sums of capital to get to where they are today. But what did all that cash buy them? The Nubank EC-1.

Files 97

Files Colombia Brazil Giving 97

TechCrunch

SEPTEMBER 19, 2022

It provides identity management and protection for financial services, banking and consumer apps, but Soffio calls it a financial digital passport, which helps with user identification, making the task less cumbersome for both consumers and financial services. He was born in Colombia, adopted, and raised in Stamford, Connecticut.

Data 87

Data Help Raise Connecticut 87

TechCrunch

APRIL 8, 2022

T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. Truora participated in Y Combinator’s Winter 2019 cohort and soon after expanded into digital identity and authentication technologies. That March, it raised $3.5

Colombia 100

Colombia Business Help Mexico 100

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. Longer term, it is exploring the possibility of moving into other Latin American markets such as Colombia, Perú and Chile. In total, the startup has raised $13 million.

Fund 77

Fund Process Raise Mexico 77

TechCrunch

NOVEMBER 18, 2021

Most of these relationships are largely managed manually and on paper, but Chiper developed an e-commerce ecosystem for corner stores that is shifting that relationship into the digital realm. To date, the company has raised more than $65 million, which included a $12 million Series A in October 2020.

Colombia 79

Colombia Brazil America Mexico 79

TechCrunch

JUNE 14, 2021

Just last week, this Brazilian credit card and banking fintech raised a $750 million round led by Berkshire Hathaway at a $30 billion valuation, becoming one of the most valuable startups in the world. It has 40 million users across Brazil, as well as Mexico and Colombia. We’re always iterating on the EC-1 format.

Brazil 99

Brazil Colombia Mexico Miami 99

TechCrunch

AUGUST 17, 2023

We profiled the company in 2021, about seven months after the company first launched to acquire digital brands in the MercadoLibre and Amazon ecosystem. At the time, Wonder Brands raised $20 million in venture capital. In 2021, the e-commerce roll-up, or aggregator, scene was in full force.

Aggregator 97

Aggregator South America Mexico Uruguay 97

TechCrunch

DECEMBER 9, 2021

Merama , which acquires or launches Latin American digital brands, hit a $1.2 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. billion in 2023.

Aggregator 92

Aggregator Chile America Brazil 92

TechCrunch

OCTOBER 26, 2021

Across Latin America, e-commerce purchases are expected to grow by double-digits annually by 2024. The company intends to expand into other countries where e-commerce is growing, including Colombia, Argentina, Chile and Peru. Last-mile logistics platform Cargamos raises $11M seed round to expand same-day delivery.

America 98

America Fund Mexico Argentina 98

TechCrunch

MARCH 22, 2022

In Latin America, where being a part of a community is important, we see startups, like Trela in Brazil and Muni in Colombia, bringing people together under a common need — in Muni’s case, the purchase of everyday essentials. The process is fairly simple: Community leaders centralize the orders by sharing a link to the WhatsApp online store.

Community 92

Community Giving Colombia Brazil 92

TechCrunch

APRIL 30, 2023

About a year ago, it seemed like myself and other colleagues were writing story after story about spend management companies raising tranches of venture capital — remember Mary Ann’s roundup story from basically this same time last year? With Brazil, Mexico and Colombia, we are covering two-thirds of LatAm’s GDP.”

Management 91

Management Raise Fund Las Vegas 91

TechCrunch

APRIL 20, 2022

Their vision is to connect people who have a smartphone with ways to earn income and raise their quality of life. We first connected with the pair back in 2019 when they had raised $4.4 Zubale’s operations began in Mexico and have since expanded into Colombia, Costa Rica and Peru. million to put locals to work over their phones.

Costa Rica 91

Costa Rica Chile Brazil Mexico 91

TechCrunch

DECEMBER 2, 2021

Online grocery sales are in single digits right now, but new data suggests it will top 20% by 2026 due to more consumers getting comfortable buying their groceries this way over the past two years. We were not planning to raise so soon — we had sufficient capital after raising the substantial round in July,” he said.

Mexico 92

Mexico Chile Colombia New York 92

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.

Fund 94

Fund Uruguay Ecuador Argentina 94