bySara Delgado May 17, 2024 No comments 1 minute read Colombian recruiting startup Magneto raised $7M in a seed round from Alive Ventures, Pashin, Impact Ventures PSM, and Latin Leap. Magneto will use the funds to acquire new clients, aiming to reach 20,000 in Colombia, Mexico, Peru, and the US. Founded by Alejandro Arango and […]
Magneto raises $7M seed round Leer más »
byHellen Villena May 17, 2024 No comments 1 minute read HR and payroll platform Worky raised a $6M Series A round led by Atlantico. ADP Ventures also participated in the round. This funding which follows their $3M Seed round in June 2020. Worky will use the funds to accelerate product development, expand marketing and sales
Mexican HR tech Worky secures $6M in Series A Leer más »
byMatheus Tomé May 15, 2024 No comments 1 minute read Brazilian telecom startup Salvy raised $1.9M in a seed extension round. Pioneer and Dropbox Co-Founder Arash Ferdowsi participated. Salvy will use the funds to grow its development team, acquire new clients, and enhance its platform to tackle other IT issues from companies. “We understood that
Salvy raises $1.9M in a seed extension round Leer más »
bySara Delgado May 15, 2024 No comments 1 minute read Argentinian logistics company ClicOH acquired the Chilean last-mile delivery company Rayo for an undisclosed amount. With the funds, the company will expand its eCommerce logistics operations. Rayo founders Martín Arancibia and Juan Andrés Cabrera will assume new leadership roles at ClicOH. Backed by Y Combinator
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Brazilian loyalty startup CRMBonus raised $78M in a Series B round led by BOND, in its first investment in Brazil. Valor Capital, Softbank, Riverwood, and Igah Ventures also participated in the round. As part of the deal, BOND’s General Partner Daegwon Chae will join CRMBonus’s board. CRMBonus is an B2B AI-powered platform that helps companies attract,
CRMBonus raises $78M in a Series B round Leer más »
byHellen Villena May 15, 2024 No comments 1 minute read Mexican BNPL fintech Aplazo raised a $45M Series B led by QED Investors. Volpe Capital, Oak HC/FT, Kaszek, and Picus Capital also participated. This round follows their $27M Series A in November 2021, totaling $100M in equity and $75M in debt raised to date. Aplazo
Aplazo lands $45M in Series B Leer más »
byHellen Villena May 15, 2024 No comments 1 minute read Digital bank NG.CASH raised a $12.5M Series A round led by monashees. Andreessen Horowitz, 17Sigma, Tekton Ventures, and Generalist Capital also participated. This funding follows their $10M Seed round in August 2022. NG.CASH will use the investment to expand its team, enhance its product portfolio,
Brazilian Gen Z neobank NG.CASH lands a $12.5M Series A Leer más »
byHellen Villena May 14, 2024 No comments 1 minute read Brazilian fintech Grupo Bloxs raised an undisclosed amount from neobank BS2. The funding comes 4 years after Bloxs’s $683k Seed round led by Bossa Invest, and it was structured as a secondary transaction to prepare Bloxs’s cap table for a Series A later in 2024.
Brazilian fintech Grupo Bloxs receives investment from BS2 Leer más »
bySara Delgado May 9, 2024 No comments 1 minute read Brazilian digital bank Nubank announced that it has surpassed 100 million clients in Brazil, Mexico and Colombia, becoming the first non-Asian digital banking platform to achieve this milestone. “In 2013, we set the goal of reaching one million clients in five years, which seemed nearly
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B2B payments and corporate card platform Jeeves secured a $75M credit facility from Community Investment Management (CIM), 25 months after its March 2022 $180M Series C at a $2.1B valuation. Jeeves will use the debt funding to finance its credit product, and it will leverage the funds raised in previous rounds to support the Latin
Jeeves lands $75M credit line to grow its Latin America operations Leer más »
Brazilian healthtech Biologix raised a $1.2M round led by Kortex Ventures. Hospital Israelita Albert Einstein also participated in the round. Biologix will invest the funds in further developing its technology, fueling its expansion, and doubling the size of its 20-people team. Biologix specializes in sleep medicine, offering diagnostic solutions and treatments for disorders like sleep
Brazilian healthtech Biologix lands a $1.2M round Leer más »
byHellen Villena May 3, 2024 No comments 1 minute read Chilean tech marketplace Reuse raised a $4.5M seed round led by Seaya Cathay Latam. Dalus Capital, Ignia, Angel Hub, Compusoluciones Ventures, and Silence VC also participated in the round. Reuse will put the money towards growing in Mexico. Reuse is an end-to-end online marketplace for
Reuse lands a $4.5M seed round led by Seaya Cathay LATAM Leer más »
