Just five months after acquiring $50 million in debt and equity, Valoreo has closed a $30 million Series A funding round.
Mexico City-based Valoreo aims to invest, slot online operate and grow its e-commerce brand as part of its self-described mission: "To offer better products at affordable prices" to consumers in Latin America.
Valoreo (which the company says is an extension of the Spanish word "valor" meaning added value) acquires merchants that operate their own brands and sell primarily on online marketplaces,
such as Amazon and Mercado Libre. offer "Top products by category" and believe that there It also develops in-house brands to offer a wider range of products to end customersThe startup was founded at the end of 2020
