# Instaleap

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/instaleap

- Industry: Software
- Headquarters: Bogota, Colombia
- Website: www.instaleap.io
- Total disclosed funding: $11M
- Latest round: Series A (Mar 1, 2023)
- Investors on record: 2

## About

Based in Bogota, Colombia, and founded in 2019, Instaleap operates as a developer of a software-as-a-service-based online platform that provides delivery operation solutions for retailers. In April 2023, Instaleap raised USD 5 million in series A funding co-led by Redwood Ventures, returning investor Pegasus, and an individual investor. As of November 2023, the company has over 80 retail chains across over 20 countries.

Instaleap’s platform offers an end-to-end solution for managing eCommerce and last-mile logistics. Its features include eCommerce tools such as white-label stores, AI-based personalization, search functionalities, and advanced eGrocery features. On the logistics front, it facilitates order management, smart delivery slot algorithms, picking and packing optimization, delivery hub management, and warehouse oversight. The company's client base includes Supermercados Bravo, Grupo Amigão, Walmart, HEB, Supernosso, and Tienda Inglesa.      
 
The company plans to use the series A funding to improve its technology, explore other business verticals, and expand into new markets.

## Funding rounds

- Series A, Mar 1, 2023, $5M — Pegasus, Redwood Ventures
- Series D, Jan 5, 2018, $2M — Pegasus
- Series C, Jun 6, 2017, $3.6M — Pegasus

## Investors

- Pegasus (https://capitalatlas.ai/funds/pegasus) — Series C, Series D, Series A
- Redwood Ventures (https://capitalatlas.ai/funds/redwood-ventures) — Series A