Yummy bags $18M as its expands delivery app across Latin America – TechCrunch

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Vicente Zavarce, founder of Yummy

Vicente Zavarce, founding father of Yummy

Three months after saying a $4 million seed round, Venezuelan delivery tremendous app Yummy is again with an $18 million Collection A spherical that can speed up the corporate’s proposed growth all through Latin America.

Anthos Capital led the newest spherical, with extra participation from JAM Fund, whose founder Justin Mateen was an investor within the seed spherical.

Yummy was began by Vicente Zavarce in 2020 and has amassed over 200,000 registered customers up to now. He got here to the US for varsity and stayed to work in advertising roles at Postmates, Wayfair and Getaround earlier than beginning Yummy. The app, which incorporates each delivery and ridesharing, will be downloaded without spending a dime, and the corporate costs a delivery price or service provider price.

Yummy, dark store, Peru

Yummy’s Lima, Peru darkish retailer, the primary exterior of Venezuela. Picture Credit: Yummy

“We are able to’t wait to be dwell in each metropolis in Venezuela with each Yummy Delivery and Yummy Rides, and proceed our growth across LatAM,” Zavarce stated through electronic mail. “We need to change into part of everybody’s every day life and put the native financial system within the palms of our customers, whereas making a technique to earn in U.S {dollars} for 1000's of Yummers and drivers.”

The corporate launched this month in Peru and Chile. Yummy plans to have 50 lively darkish shops in every nation by the top of 2022, touting that will probably be in a position to ship greater than 2,000 merchandise in lower than 15 minutes.

It's already processing over 340,000 month-to-month transactions in Venezuela, with a constant progress of over 35% for the previous 4 months. Yummy already has a network of over 5,000 drivers across its delivery and ridesharing operation across 12 cities in Venezuela that make this attainable.


Source : TechCrunch

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