Yummy Secures $47 Million in Funding To Meet Growing Consumer Demand
SAN FRANCISCO, June 2, 2022 /PRNewswire/ -- Yummy, the leading Superapp in Venezuela and Bolivia, today announced that it has raised $47 million in its latest financing. The round was led by Anthos Capital, with the participation of JAM Fund, Soma Capital, WIND Ventures, Ethos Capital, and YC Continuity. With the new capital, Yummy will invest in enhancing its product offering, increasing density and expanding coverage.
- With the new capital, Yummy will invest in enhancing its product offering, increasing density and expanding coverage.
- After gaining quick traction, Yummy expanded and is seeing strong adoption in Peru and Panama.
- "E-commerce penetration within most of Latin America remains low, and access to modern financial services limited," said Vicente Zavarce, founder & CEO of Yummy.
- "Their ability to grow the business in a methodical and sustainable way has made Yummy a standout company in the space.