The automotive e-commerce marketplace has secured $17.5m in a round that was co-led by SoftBank's Latin American fund.
Brazil-based used car marketplace Volanty has attracted R$70m ($17.5m) in a round co-led by SoftBank Latin America Ventures, the $500m corporate venturing fund formed by telecommunications and internet group SoftBank.
Kaszek Ventures co-led the round, which also featured fellow venture capital firms Monashees and Canary, Reuters has reported.
Founded in 2017, Volanty operates an online platform where used vehicles can be traded. It requires the seller to submit their vehicle for physical inspection at brick-and-mortar dealerships to ensure its condition…
