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 card.

The company claims it experienced a 43-fold growth in sales volume between January and September this year, with more than 7 million items delivered last month. It has now raised more than $366m in the past year, the earlier funding having not previously been announced.

The total includes a $63m series C round led by Glade Brook Capital that also featured Tiger Global Management and Hillhouse Capital. It followed…

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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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