Industry News
DX Ventures and Delivery Hero Lead USD250m Series D for Brazilian Social Marketplace Facily
16 November 2021
DX Ventures and Delivery Hero led a USD250m Series D for Facily, a Brazilian social commerce marketplace, with participation from Citius, at a reported USD850m valuation. Facily just announced three other rounds within the past year: a USD63m Series C led by US-based investor Glade Brook in June; a USD41m Series B led by Luxor Capital in April; and a USD12m Series A led by Quona Capital and monashees in December 2020.
(TechCrunch) – Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year.
Most recently, Facily closed on a $250 million Series D that was led by DX Ventures and Berlin-based Delivery Hero, with Citius as co-anchor investor. That investment values the startup at $850 million.
Glade Brook led its $63 million Series C financing, which included participation from Tiger Global Management and others. Luxor Capital led its $41 million Series B round, which also counted Founders Fund and several other previous investors as backers. Quona Capital and Monashees co-led its $12 million Series A, which included participation from Canary and other partners. Tru Arrow participated in all rounds.
Read more at TechCrunch.
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