Cornershop Technologies
Latest round
- Series B
Last raised
- Apr 2017
Total raised
- $30M
Investors
- 5
About Cornershop Technologies
, doing business as Cornershop, operates an online platform that provides grocery-delivery services. CEO Mr. Oskar Hjertonsson, CTO Mr. Daniel Undurraga, and Mr. In September 2018, Walmart announced its intention to acquire Cornershop for USD 225 million but was opposed by Mexican regulators in June 2019. Uber Technologies acquired Cornershop at a USD 3 billion valuation In June 2021. The company's development team provides an e-commerce platform that enables individuals to buy groceries such as produce, meats, packaged goods, toiletries, and electronics from different supermarkets and specialty stores using the web and mobile application. The platform also offers partnering stores with order management solutions to select, pack, and deliver products. The company generates revenue by partnering with supermarkets and specialty stores to provide groceries for online shoppers. The June 2021 acquisition will help Cornershop extend its geographic reach and bolster profits by bundling food delivery with Uber rides.
Who invested in Cornershop Technologies
5 investors across 3 rounds
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Questions about Cornershop Technologies
Who invested in Cornershop Technologies?
Cornershop Technologies has 5 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cornershop Technologies raised?
Cornershop Technologies has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Cornershop Technologies last raise money?
Cornershop Technologies's most recent round on record is a Series B, in Apr 2017.
What does Cornershop Technologies do?
, doing business as Cornershop, operates an online platform that provides grocery-delivery services.
Where is Cornershop Technologies headquartered?
Cornershop Technologies is headquartered in Santiago, Chile.
Which VCs invest in companies like Cornershop Technologies?
Among active investors with capital left to deploy, Crescera Capital, Kaszek Ventures, Anti Fund and Kinea Investments back internet companies at Cornershop Technologies's stage. Their profiles are linked below.
VCs backing internet startups at Series B
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