HomeColombiaChiper Raises $12M in Series A Funding

Chiper Raises $12M in Series A Funding

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Chiper, a Colombian e-commerce platform for independent merchants, raised $12m in Series A funding.

chiper

Backers included WIND Ventures, Monashees and Kaszek Ventures.

The company, which has built a large branded network of digitized corner stores in Latin America, will use the funds to expand its active user base, with the goal of having over 30,000 active users or 5% market penetration by the end of 2021. With a current presence in Colombia and Mexico, it plans to launch in four new cities in Mexico, and eventually expand into Brazil.

Led by Jair Bonilla, CEO and his co-founders ‚Äď COO¬†Oscar Sarria¬†and CRO Carolina Garcia, Chiper is¬†an e-commerce platform¬†enabling corner stores in the region to grow their businesses. With over 3,000 customers across¬†Colombia¬†and¬†Mexico, the company has built a large branded network of digitized corner stores in¬†Latin America.

FinSMEs

19/10/2020

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