# YALO

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

- Industry: Software
- Headquarters: Burlingame, US
- Website: www.yalo.com
- Total disclosed funding: $103M
- Latest round: Series C (Sep 25, 2023)
- Investors on record: 3

## About

Founded in 2015 by CEO Javier Mata, initially in Mexico and now based in California, US, Yalochat, Inc., aka Yalo develops an artificial intelligence-powered chatbot for social media networks such as Facebook Messenger, WhatsApp, and WeChat. In May 2021, the company raised USD 50 million in Series C funding led by investor B Capital Group, which brings the total capital raised to date by the company to USD 60.5 million. The company has operations in the U.S, Mexico, Brazil, and India.

Yalo is a conversational commerce (c-commerce) company that helps businesses to sell products in a personalized way through various messaging apps. Businesses can use the chatbot to handle customer requests, sales, and build personal relationships with their customers. Yalo’s platform provides marketing, helpdesk, and payments solutions. It also offers Yalo Studio, with the help of which the non-developers and partners will be able to create their own c-commerce applications.

Yalo plans to use the funding raised in Series C for the company's expansion in Latin America and Southeast Asia and the development of new product offerings, including conversational marketing and payment solutions.

## Funding rounds

- Series C, Sep 25, 2023, $20M — Glisco Partners
- Series C, May 26, 2021, $50M — B Capital
- Series B, Aug 20, 2020, $15M — Sierra Ventures, B Capital
- Series A, Mar 11, 2019, $8M — Sierra Ventures
- Series A, Dec 24, 2018, $10M — Sierra Ventures

## Investors

- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Series A, Series B
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series B, Series C
- Glisco Partners (https://capitalatlas.ai/funds/glisco-partners) — Series C