Melonn, a Bogota, Colombia-based provider same or next-day fulfillment solution for ecommerce companies, closed a US$20M Series A funding round.
The round was led by QED Investors with participation from Global Founders Capital (GFC) and Alter Global, NFX, Pear, Wollef (formerly Jaguar Ventures) and angel investors including top VC partners and Latam startups´ founders.
The company, which has now raised around US$24m, intends to use the funds to continue to expand the platform in LatAm.
Led by Andrés Gomez (CEO), Alejandro Celis (CPO), Andrés Archila (COO), Felipe Jaramillo (CTO), Sebastián Román (Director of Data Science) and Daniel Castrillón (Director of Software Engineering & DevOps), Melonn provides small and medium e-commerce businesses in LatAm with an an end-to-end same or next-day fulfillment solution coupled with an e-commerce backend technology platform fully developed in-house. With Melonn, any e-commerce business will be able to sell its products across multiple channels, from Amazon to Instagram, and deliver them almost anywhere in the region.
The company’s proprietary tech platform guides sellers through a highly automated onboarding process, then seamlessly connects their different ecommerce channels. Next, sellers ship their inventory to urban fulfillment centers, near their end-consumers. Melonn quickly takes care of the picking, packing and delivery, so that end-consumers receive their orders on the same or next day, also taking care of returns. Additionally, Melonn works with a range of transportation providers, both incumbents (like FedEx or DHL) and last-mile startups, to reduce shipping times and costs. Finally, sellers can manage and monitor the entire process from Melonn’s platform from wherever they are, accessing data analytics tools to make better operational and sales and marketing decisions.
In only one year, the company has launched five distribution centers in three cities across Colombia and one more in Mexico City, while employing more than 180 people total.
FinSMEs
04/02/2022