# ChiperInc de México S.A. de C.V.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chiperinc-de-mexico-s-a-de-c-v

- Industry: Retail
- Headquarters: Mexico City, Mexico
- Website: www.chiper.co
- Total disclosed funding: $77M
- Latest round: Series B (Oct 20, 2021)
- Investors on record: 16

## About

ChiperInc de México S.A. de C.V. specializes in delivering digital solutions, focusing on website development and content management, utilizing the WordPress platform to empower a wide range of users across various sectors.Founded in 2018 and headquartered in Mexico City, Mexico, ChiperInc de México S.A. de C.V. focuses on digital solutions, specifically website development and content management. The company has successfully raised a total of USD 53.00 mn through various funding rounds, with Series B being the latest round completed on October 20, 2021. The funding was led by Nosara Capital and included participation from notable investors such as Tiger Global and Endeavor Catalyst. The company has executed 4 deals to date.ChiperInc de México S.A. de C.V. provides a comprehensive suite of digital solutions, primarily centered around website development and content management via WordPress. WordPress, launched in 2003, offers a user-friendly interface customizable through themes and plugins for diverse applications including e-commerce, blogging, and portfolios. With a global presence, the platform serves millions of users, encompassing various sectors from small businesses to large enterprises across North America, Europe, and Asia-Pacific.The company generates revenue through a mix of subscription models and transaction-based services, where clients pay for premium features, hosting, and additional plugins. The tiered pricing plans cater to individual users, small businesses, and corporate needs. Collaborations with web hosting providers enhance revenue streams, enabling integrated access to WordPress functionalities, primarily through a direct-to-consumer revenue model.In October 2021, ChiperInc de México S.A. de C.V. secured USD 53.00 mn in Series B funding led by Nosara Capital, with plans to utilize this capital for expansion into Brazil. The company aims to hire approximately 200 new employees with expertise in engineering, data science, and machine learning. Additionally, there are initiatives to launch embedded financial services, further diversifying their offerings.

## Funding rounds

- Series B, Oct 20, 2021, $53M — Tiger Global Management, Endeavor Catalyst, Interplay, FJ Labs, InQlab, Nosara Capital, Alter Global, Flucas Ventures
- Series A, Sep 3, 2020, $12M — Monashees, Kaszek Ventures, FJ Labs, Wind Ventures, S7V, Fourth Realm Ventures, Jam Fund, Flucas Ventures, Citius, Alarko Ventures
- Seed, Apr 6, 2019, $12M — Monashees, Kaszek Ventures

## Investors

- Monashees (https://capitalatlas.ai/funds/monashees) — Seed, Series A
- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Seed, Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A, Series B
- Wind Ventures (https://capitalatlas.ai/funds/wind-ventures) — Series A
- S7V — Series A
- Fourth Realm Ventures (https://capitalatlas.ai/funds/fourth-realm-ventures) — Series A
- Jam Fund (https://capitalatlas.ai/funds/jam-fund) — Series A
- Flucas Ventures (https://capitalatlas.ai/funds/flucas-ventures) — Series A, Series B
- Citius (https://capitalatlas.ai/funds/citius) — Series A
- Alarko Ventures (https://capitalatlas.ai/funds/alarko-ventures) — Series A
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- Interplay (https://capitalatlas.ai/funds/interplay) — Series B
- InQlab (https://capitalatlas.ai/funds/inqlab) — Series B
- Nosara Capital (https://capitalatlas.ai/funds/nosara-capital) — Series B
- Alter Global (https://capitalatlas.ai/funds/alter-global) — Series B