Delivery Hero and DX Ventures co-led the social commerce platform developer's latest round, reportedly boosting its funding to over $366m in the past year.

Brazil-based social commerce marketplace Facily has received $250m in a series D round co-led by food delivery provider Delivery Hero and the venture capital fund it backs, DX Ventures, TechCrunch reported yesterday.

Investment firm Citius is listed as a co-anchor investor on the round, which valued the company at $850m according to TechCrunch.

Founded in 2018, Facily operates a mobile commerce platform designed for use by low-income populations, eschewing shipping charges or the need to use a debit or credit…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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