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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. Foodology currently operates 20 kitchens in six cities across Colombia and 10 in Mexico and has 60 corporate employees and over 300 in its kitchens.
We have doubled down on both the company and our engineering team; we now have around 90 people, many of whom have done this before,” Salama said. “We And, after establishing a footprint in Brazil, the company is accelerating its international expansion to Mexico and Colombia later this year.
The digital team works hard to produce social content that balances sharing stories of the people they serve, the impact of their work, and the generosity of their supporters. While the communications team features a wide variety of content on social media, one of the messaging themes they focus on is innovative partnerships.
SWVL said that though these acquisitions have contributed to its overall growth, it will need to make reductions on roles automated by investments in its engineering and product and support functions teams. Whether SWVL will continue its expansion into new markets such as Colombia, Mexico and South Africa, and the U.S.
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 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. Rozic said he was inspired to start Minka when he moved to Colombia five years ago. “I
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.
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.
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.”. It is also integrating with customer relationship management, enterprise resource management and lending platforms.
One of our biggest areas of work is in Colombia, a place where violence and human rights abuses are not a thing of the past. One of our strong partners in the country is a group named EQUITAS, the Colombian Interdisciplinary Team for Forensic Work and Psychosocial Services.
The company, based in Bogotá, Colombia and currently sporting a team of 13, is working to bring digital transformation to the smallest of enterprises: namely single-operator small stores. Lockdown in Colombia forced many small businesses online in a hurry. The startup is onto something. How is it managing to grow so quickly?
The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. While its headquarters are located in Cali, Colombia, Muniz said Truora’s new main focus, or highest growing office, is Mexico City. Today, 70% of the company’s leadership team are women and 45% of its staff are women.
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?
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. .
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.” Toledo met the Tuna team from his partner, Julio Vasconcellos, who was one of the co-founders of Peixe Urbano.
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. We are convinced that we are backing the right team in the right market and at the right time.”.
They also recently brought on Jose Jorge Molina, who was previously chief marketing officer for Bitso, to join the founding team to lead marketing. During that time, Colombia-based Addi said it was getting into the one-click space after taking in a $75 million extension to its Series B. We recently saw Sleek raise $1.7
Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala , a Colombia-based company building fintech infrastructure for lending. The company currently has 28 employees and will deploy the capital into expansion of its product, tech, customer acquisition and customer support teams.
Initially starting in Venezuela, now with $30 million in Series A funding and $80 million in a debt facility, it is moving into both Colombia and Mexico. The team built their own online marketplace with embedded financial tools, a strategy Canals said was so they could control the entire customer journey.
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.
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.” 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. “In
When we last reported on the company in 2021, it was operating in 40 markets and is now in 60 markets across Mexico, Colombia, Chile and Peru, with a goal of opening in two more countries, yet to be determined, this year. We look forward to supporting the team as the company continues its growth and expansion in LatAm.”.
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. Indonesia, China, Philippines, Thailand and Japan. Skycatch Raises $13.2M
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. Right now it’s live in nine cities across Latin American countries Brazil, Mexico, Colombia and Peru, as well as Poland and Austria in Europe. Latin America and Europe.
It started in Colombia and acts as a middle layer, developing technology that companies can build on top of. Trigos intends to use the new capital to increase its headcount from the seven employees it has now, including setting up its founding team.
It has 40 million users across Brazil, as well as Mexico and Colombia. Part 4: Market expansion and future “ Which Nubank will own the financial revolution? ” (2,250 words/9 minutes) — Evaluates Nubank’s expansion into Mexico and Colombia, the competitive landscape in Brazil, and the challenges that lie ahead.
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. There is a real social mission component and an angle for empowering women to be entrepreneurs in their regions.
There is a huge opportunity to do what local investors did in Brazil and Mexico years ago, and play a significant role in the next chapter of countries with blossoming markets like Colombia, Peru or Uruguay. Investors in the Andean region cover Peru, Chile and Colombia. investors remain shy. Meanwhile, U.S.
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. 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 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.
OlaClick, which also counts Y Combinator among its backers, today has a presence in more than 20 nations, but identifies Brazil, Mexico and Colombia as their core markets. Rico said the startup will deploy the fresh funds to expand its engineering and product team and broaden the offerings to restaurant partners.
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. The startup had used its seed capital to expand and consolidate in Bogota, Colombia, and Mexico City. (It
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. . *Each figure corresponds to the end of each month.
“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. and Canada.
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.
Brazil, Argentina, Chile and Colombia. We are excited to partner with Matias and his team. Currently, the company has four product lines: NotMilk, NotBurger and NotMeat, NoticeCream and NotMayo, which are available in the five countries of the U.S., 4 sustainable industries where founders and VCs can see green by going green.
TechCrunch reports that as well as being available in the US, the app was also available in Colombia, Mexico, Argentina, Chile, Peru, Panama, Costa Rica, El Salvador, Ecuador, and Uruguay as of February. Hobbi was the work of Facebook’s New Product Experimentation team , and only launched back in February of this year.
The company currently has offices in Mexico, Chile, Colombia, and Uruguay. Nowports plans to use its new capital in part to expand its 160-person team to China, according to de los Rios. 2020 was a good year for Nowports, which saw its revenue climb by 605% compared to 2019. Our 2021 goal is 400% to 600%,” de los Rios told TechCrunch.
Now, dLocal and AstroPay co-founder Sergio Fogel has teamed up with AstroPay’s former head of product, Gonzalo Strauss, to launch another fintech out of Montevideo, Uruguay, called Datanomik. DLocal’s founders had first launched AstroPay, another digital payments platform that now has over five million users.
The company, which has dual headquarters in Bogota, Colombia, and São Paulo, Brazil, declined to reveal its new valuation other than to say it is “nearly triple” what it was 90 days ago when it closed on the first tranche of its Series B, and that it is now in the “hundreds of millions” of dollars range.
Since launching its platform last year, the company says it has built a customer base of over 60 companies across Mexico, Brazil and Colombia, handling millions of monthly API calls. . Belvo currently operates in Mexico, Colombia and Brazil. . It currently has offices in Mexico City, São Paulo, and Barcelona.
and Colombia, including Amazon, NASCAR, Weee!, On the operations side, all of Shift One’s original team either worked for Uber or Lyft, according to founder and CEO Radisson. The early technical team were all previously Uber employees. And it has about 50 clients in the U.S.
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.”.
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