Cornershop, a Mexican-Chilean provider of a fast grocery delivery service, raised $6.7m in Series A funding.
The round was led by Jackson Square Ventures and ALLVP, with participation from Creandum, Accel, Endeavor Catalyst and other existing investors. In conjunction with the funding, Federico Antoni from ALLVP will join Cornershop’s board of directors.
The company will use the funds to continue to develop the platform and expand operations.
Founded in 2015 by Oskar Hjertonsson, Daniel Undurraga and Juan Pablo Cuevas, Cornershop provides a fast grocery delivery service that allows customers to use iOS and Android applications to select products from stores offered in their area and choose a one-hour window for scheduled deliveries. On-demand orders are delivered in less than 90 minutes.
Launched in July 2015, the company currently operates in Mexico City and Santiago de Chile.