Valoreo raises $30M more to acquire e-commerce brands across LatAm

22 Jul, 2021

Valoreo raises $30M more to acquire e-commerce brands across LatAm
Photo by Ryoji Iwata on Unsplash

– Valoreo, a Latin American e-commerce company, raised $30m in Series A funding.
– The round was led by Presight Capital and Kingsway Capital and joined by existing investors Kaszek, Upper90 and FJ Labs.
– The company declined to break down how much equity it raised in its seed round, but including debt, Valoreo has secured $80m 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.

Consumer Goods E-Commerce Latin America
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