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La Haus , which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. By year’s end, La Haus intends to be in every major metropolitan area in Mexico and Colombia. .
Foodology has been whipping up its restaurant brands in cloud and virtual kitchens in Colombia and Mexico since 2019, and with a new infusion of capital, hopes to scale that across Latin America. Including the new funding, Foodology has raised more than $20 million.
In its home country of Colombia, the startup has already had an impact. It partnered with ACH Colombia to work on The Transfiya project, which includes direct read and write API access to 80% of the accounts in the country. With the raise of new capital, however, we will also offer a self-service SaaS to fintechs soon.”. “We
Tuna is on a mission to “fine tune” the payments space in Latin America and has raised two seed rounds totaling $3 million, led by Canary and by Atlantico. Alex Tabor, Paul Ascher and Juan Pascual met each other on the engineering team of Peixe Urbano, a company Tabor co-founded and he referred to as a “Groupon for Brazil.”
We first profiled Inventa, co-founded by Marcos Salama, Fernando Carrasco and Laura Camargo, in January when it raised $20 million in Series A financing , led by Andreessen Horowitz and Monashees. And, after establishing a footprint in Brazil, the company is accelerating its international expansion to Mexico and Colombia later this year.
Skycatch today announced a $25 million raise, led by ADB Ventures and Wavemaker. The list includes Chile, Colombia, Peru, Brazil, Australia, Canada, the U.S., The funds will go toward expanding the 50-person company’s sales and marketing team — both of which have been fairly small portions of the company’s overall headcount.
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.
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.
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. .
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.
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. The company declined to reveal at what valuation this latest round was raised but it is notable that its Series D is triple the size of its Series C, raised just over six months prior.
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.
and Colombia, including Amazon, NASCAR, Weee!, To help it grow and further expand its reach, Shift One just raised a $5.2 To help it grow and further expand its reach, Shift One just raised a $5.2 On the operations side, all of Shift One’s original team either worked for Uber or Lyft, according to founder and CEO Radisson.
And now the Brazilian regtech has raised $38 million in a Series C round led by Endurance. GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte also participated in the funding, bringing its total raised to nearly $50 million.
This past year, our HRP team helped the human rights movement achieve great things. Our Martus team trained two new partners focused on rights of lesbian, gay, bisexual, transgender, and intersex (LGBTI) people : Jamaica Forum for Lesbians, All-Sexuals and Gays , or J-FLAG and AIDS-Free World. and the European Union.
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.
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. .
Melonn , a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors. The round comes less than a year after Melonn raised a pre-seed round from NFX.
Bitso , a regulated crypto exchange in Latin America, announced today it has raised $250 million in a Series C round of funding that values the company at $2.2 For one, it comes just four months after the startup raised $62 million in a Series B round. The news caught our attention for several reasons.
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.
The financing brings the Bogota, Colombia-based startup’s total raised to $85 million since its 2017 inception. It currently operates in more than 25 cities in Colombia, Mexico and Brazil and has over 600,000 users. Merqueo also reached positive cash flow in Colombia, its most mature market. Image Credits: Merqueo.
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.
Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. The team behind Jefa believes that banks have neglected women for too long. A few days later, you’ll receive a Visa debit card.
Rebill , an Argentina-based startup, raised $3.6 Currently, Rebill has clients in Argentina, Chile, Colombia, Mexico, Peru and Uruguay and collects payments in 15 currencies. We plan to double our team by next year and expand more in Mexico and Colombia.”.
In 2017, he started searching for his biological family in Colombia and reconnected with them. In the short period of time the company has been in business, it has grown to a team of 16 in Mexico and three in Colombia. York will also use the funding to round out the leadership team. York’s backstory is quite interesting.
They also recently brought on Jose Jorge Molina, who was previously chief marketing officer for Bitso, to join the founding team to lead marketing. Addi raises $75M to advance ‘buy now, pay later’ in LatAm, nearly triples valuation. We recently saw Sleek raise $1.7 We recently saw Sleek raise $1.7
T ruora , a Colombian user authentication startup, has raised $15 million in Series A funding co-led by two Silicon Valley-based venture firms. That March, it raised $3.5 The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. It was the combination of the team that was at the core,” he said. “We
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. It also invested in Brazilian social grocery commerce company Favo , which raised a $26.5
UBITS, a B2B online learning platform for upskilling employees in Latin America, has raised $25 million in funding led by Riverwood Capital. Julián Melo and Marta Forero founded UBITS in Bogota, Colombia, in 2018 after the pair came up with the idea of “creating the Netflix for corporate training for LatAm.”
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. Social commerce startup Elenas raises $6M and plans for international expansion.
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.
Dear Sophie, We co-founded a startup in Colombia, and we’re thinking about opening a sales office in the U.S.! I would be moving, and my co-founder will continue to run our engineering team from Colombia. Dear Courageous, What an exciting time and opportunity for you and your team! What are the pros and cons of each?
While QuintoAndar dominates the Brazilian market, Houm operates in Chile, Mexico and Colombia, and aims to capture the rest of Spanish-speaking LatAm. In Colombia and Mexico, for someone to be your guarantor, they have to have a property that’s free of mortgage so it can be used as collateral,” Labra told TechCrunch.
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.
” Soffio said the company plans to use the money to help expand the team and accelerate its growth. He was born in Colombia, adopted, and raised in Stamford, Connecticut. Fintech app Portabl raises $2.5M We could not be more excited to partner with Portabl on their journey.”
And he’s raising plenty of money to aim at that goal. JOKR’s team consists of people who created both foodpanda and Delivery Hero, so from the outside at least, they have the chops to build a big business. We look forward to working with the team on their mission to make retail more instant, more democratic, and more sustainable.”.
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.
The current raise will be used to grow the company’s operations in Mexico, expand to other countries — namely Colombia and Peru — and grow its tech team. . To date, the company has raised about $15.2 May 2021. 480.7 548%. *Each figure corresponds to the end of each month.
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.
Fund II will explore options to raise additional capital,” SoftBank said in a statement. 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.
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.
“That’s why we’re excited to deepen our commitment to the team at Cornershop and to support their vision as they scale globally,” he added. The company expanded its operations to eight countries up and down the Americas, including Chile, Mexico, Brazil, Colombia, Costa Rica, Peru, the U.S. The company raised $31.7
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.”
In total, NotCo, with roots in both Chile and New York, has raised more than $350 million, founder and CEO Matias Muchnick told TechCrunch. Brazil, Argentina, Chile and Colombia. We are excited to partner with Matias and his team. 4 sustainable industries where founders and VCs can see green by going green.
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