# Sumerlabs S.A.S

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sumerlabs-s-a-s

- Industry: Internet
- Headquarters: Bogota, Colombia
- Website: www.sumerlabs.com
- Total disclosed funding: $5M
- Latest round: Seed (May 2, 2022)
- Investors on record: 9

## About

Sumerlabs S.A.S is a Colombian company that provides a comprehensive e-commerce platform, allowing users to create and manage online stores with tiered subscription plans tailored to diverse business needs.Founded in 2021 in Bogotá, Colombia, Sumerlabs S.A.S specializes in offering an online store management platform. The company has successfully completed 3 deals, with its most recent funding round being a Seed round in May 2022, where it raised USD 5.000 mn from investors including 8VC and Alter Global. The founders, Joaquín Serrano and Oscar Arellano, have established a company with significant growth potential.Sumer offers a platform that enables users to create and manage their own online stores without any initial cost. The service includes tiered subscription plans: Basic, Pro, and Ultra, allowing users to host up to 30, 100, and unlimited products, respectively. The platform features mobile access, customization, and integration with multiple plugins, specifically catering to small and medium-sized businesses aiming to enhance their online presence. With over 2 million downloads and more than 5 million products uploaded, Sumer's services support retailers aiming to expand across various markets, including the United States and Latin America.Sumer operates using a subscription-based revenue model. Clients pay monthly fees post an initial promotional period. The Basic plan costs USD 12.90 per month after a USD 0.99 introductory rate for the first 20 days, the Pro plan is priced at USD 19.90 after an introductory USD 1.99, and the Ultra plan is USD 29.90 monthly following a USD 2.99 introductory price. This structure accommodates a range of customer needs, from basic to advanced e-commerce functionalities, with transactions occurring directly between Sumer and its users.Following its Seed funding round in May 2022, Sumerlabs S.A.S is focused on expanding its product offerings and geographic reach. Plans include launching new features aimed at enhancing the platform’s capabilities for users. The company is targeting growth in additional Latin American countries and expanding its presence in North American markets by 2023. The recently raised funds will support the development of these new products and facilitate the company’s entry into these new markets.

## Funding rounds

- Seed, May 2, 2022 — Streamlined Ventures
- Seed, Jan 5, 2022, $5M — Susa Ventures, Firebolt Ventures, 8VC, Clocktower Technology Ventures, Canary, Alter Global, Mantis, Marathon Ventures

## Investors

- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed
- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Seed
- 8VC (https://capitalatlas.ai/funds/8vc) — Seed
- Clocktower Technology Ventures (https://capitalatlas.ai/funds/clocktower-technology-ventures) — Seed
- Canary (https://capitalatlas.ai/funds/canary) — Seed
- Alter Global (https://capitalatlas.ai/funds/alter-global) — Seed
- Mantis (https://capitalatlas.ai/funds/mantis) — Seed
- Marathon Ventures (https://capitalatlas.ai/funds/marathon-ventures) — Seed
- Streamlined Ventures (https://capitalatlas.ai/funds/streamlined-ventures) — Seed