May 31, 2021
Mexico City-based Yalo, a start-up that bills itself as a conversational commerce (c-commerce) platform, said it raised $50 million to fund investments in Latin America and Southeast Asia.
US venture capital firm B Capital Group led the Series C financing round, following a previous investment in the company in August last year, Yalo said in a press release.
Yalo, previously known as Yalochat, makes tools for businesses to reach customers through messaging apps, counts Unilever, Nestlé, Coca-C
Mexican start-up raises $50 mln in a Series C financing round led by US venture capital firm B Capital