Argentinian Elevva, the company that partners with leading eCommerce vendors to power their businesses, raised a $30 million seed round led by Asymmetric Capital, MatterScale Ventures, Canary, Redwood Ventures, Latitud, BluStone, Primo Ventures, Norte, Stanford GSB ‘s 23 Fund, Bolt Ventures and angel investors such as Pierpaolo Barbieri (founder of Ualá), Ariel Lambrecht (founder of 99taxis & Mara), Matt Robinson (founder of GoCardless), among others.
The funds will help Elevva to continue incorporating brands and products into its portfolio and enhance its development in technology. Additionally, the startup unveiled the launch of its lending unit.
Elevva was founded by Félix Elizalde, Maximiliano Chab and Aníbal de Frankenberg. The company’s goal is to “revolutionize eCommerce with a disruptive and innovative business model”.
Since its inception, Elevva has managed to partner with companies that have successfully positioned their businesses; but these companies still have the potential to continue growing and scaling their operations.
Elevva offers the possibility of being part of an ecosystem of vendors in synergy, as well as its technological infrastructure.
The startup has an internal technology team, which is dedicated to developing an ecosystem of software tools for the optimization of the main business processes, such as logistics, inventory control, imports, and omnichannel operation in the main marketplaces in the region, among others.
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