Algramo
Latest round
- Series A
Last raised
- May 2021
Total raised
- $11M
Investors
- 9
About Algramo
Founded in 2012 in Santiago, Chile, Algramo focuses on revolutionizing consumption with an innovative refill platform.Algramo specializes in a circular consumption model that focuses on providing sustainable packaging solutions through its innovative refill platform. The company’s core product is its smart reusable packaging, which utilizes RFID technology to track refills and monitor environmental impact. Customers create an Algramer profile to access various dispensers that recognize these smart packages, enabling them to conveniently refill their favorite products. Algramo's offerings cater primarily to urban consumers, emphasizing sustainable consumption habits. The product range includes cleaning supplies, pet food, and hygiene products, with plans for future expansion into additional categories.Algramo generates revenue through the sale of products in reusable packaging, charging customers for the packaging only upon the initial purchase. Subsequent transactions involve customers paying solely for the product itself, enabling savings of up to 30%. The company's financial model includes direct-to-consumer sales via its app and physical dispensers in various locations, promoting repeat purchases while minimizing waste. The company is focused on designing and launching new products, although specific release dates are not detailed. Additionally, Algramo aims to penetrate new markets beyond Chile and the UK to reach a broader international audience.
Who invested in Algramo
9 investors across 2 rounds
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Questions about Algramo
Who invested in Algramo?
Algramo has 9 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Algramo raised?
Algramo has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Algramo last raise money?
Algramo's most recent round on record is a Series A, in May 2021.
What does Algramo do?
Founded in 2012 in Santiago, Chile, Algramo focuses on revolutionizing consumption with an innovative refill platform.
Where is Algramo headquartered?
Algramo is headquartered in Santiago, Chile.
Which VCs invest in companies like Algramo?
Among active investors with capital left to deploy, Crescera Capital, Kaszek Ventures, dao5 and LIV Capital back hardware companies at Algramo's stage. Their profiles are linked below.
VCs backing hardware startups at Series A
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