# nocnoc Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nocnoc-group

- Industry: Business Support Services
- Headquarters: Uruguay
- Website: www.nocnocstore.com
- Total disclosed funding: $21M
- Latest round: Series A (Jun 9, 2023)
- Investors on record: 7

## About

Based in Montevideo, Uruguay, and founded in 2018 by Diego Szilagyi, Ilan Bajarlia (CEO), and Joaquin Colella (CTO), Nocnoc LLC, offers an online platform that connects global sellers to local buyers in Latin America. The company runs across 4 countries and 15 marketplaces and has an online market of 86 billion. Some of the sellers associated with Nocnon include Mercado Libre, Buscape, Staples, Zoom, Fravega, etc. In March 2022, Nocnoc LLC raised USD 7 million in Seed funding co-led by new investors Mouro Capital and Quona Capital, with participation from other new investors Broadhaven Capital Partners, Caravela Capital, and Olist Servicos Digitais Ltda. 

Noncoc provides a platform that connects worldwide vendors and brands with local buyers without the companies having to deal with the hassle of direct consumer interaction through additional investments or marketing. The firm handles all logistics, delivery, storage, and tax compliances related to the products being sold. The company also assists businesses in gaining loyal customers by assisting brands with product placement and handling all customer-related services.

The company intends to use the March 2022 funding to further develop its platform.

## Funding rounds

- Series A, Jun 9, 2023, $14M — IGNIA Partners, Broadhaven Capital Partners, Mouro Capital, Quona Capital, PayPal Ventures, Caravela Capital
- Seed, Mar 22, 2022, $7M — Broadhaven Capital Partners, Mouro Capital, Quona Capital, Olist Servicos Digitais Ltda, Caravela Capital

## Investors

- Broadhaven Capital Partners (https://capitalatlas.ai/funds/broadhaven-capital-partners) — Seed, Series A
- Mouro Capital (https://capitalatlas.ai/funds/mouro-capital) — Seed, Series A
- Quona Capital (https://capitalatlas.ai/funds/quona-capital) — Seed, Series A
- Olist Servicos Digitais Ltda — Seed
- Caravela Capital (https://capitalatlas.ai/funds/caravela-capital) — Seed, Series A
- IGNIA Partners (https://capitalatlas.ai/funds/ignia-partners) — Series A
- PayPal Ventures (https://capitalatlas.ai/funds/paypal-ventures) — Series A