Fundz

Nocnoc Raises $14 Million In Series A Funding Led By Paypal Ventures To Accelerate Cross-Border Ecommerce In Latin America

PRIVATEJun 09, 2023

Amount Raised

$14 Million

Round Type

Series A

Sao PauloE Commerce

Description

nocnoc, the leading facilitator of cross-border eCommerce between global sellers and Latin America, today announced that it has secured $14 million in Series A funding, led by PayPal Ventures with participation from Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia. The funding will further strengthen nocnoc’s mission to help international businesses grow and expand into Latin America. nocnoc plans to utilize the capital to expand its reach into new markets and open additional sales channels. The capital will also be used to enhance nocnoc's fulfillment solution for retailers and expand its payments support, providing a safer and more reliable cross-border eCommerce experience for sellers around the world.

Quick answer

nocnoc raised $14 Million in a Series A round, dated June 9, 2023. nocnoc is based in Sao Paulo, Sao Paulo, Brazil.

How much did nocnoc raise?
nocnoc raised $14 Million in a Series A round on June 9, 2023.
What does nocnoc do?
nocnoc is the largest cross-border store in Latin America.
Where is nocnoc based and how big is it?
nocnoc is based in Sao Paulo, Sao Paulo, Brazil.
Who are the decision-makers at nocnoc?
Fundz holds 1 contact at nocnoc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce around the same time

Companies in the same sectors as nocnoc that raised within 45 days of this round, from Fundz verified event records.

  • Kasha Global, Inc. raised $21M (Series B) on July 21, 2023.
  • Terrific raised an undisclosed amount (Funding Round) on July 20, 2023.
  • PARTS iD raised an undisclosed amount on July 17, 2023.
  • Simbe Robotics raised $28M (Series B) on July 13, 2023.
  • Ivy raised $7.7M (Seed) on July 11, 2023.
  • SKIMS raised $271M on July 7, 2023.

Who to call at nocnoc, and when

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Company Information

Company

nocnoc

Location

Sao Paulo, Sao Paulo, Brazil

About

nocnoc is the largest cross-border store in Latin America. With our solution, global brands and retailers can sell their products in 15 marketplaces in less than 48 hours, without the need to open accounts on each marketplace. Instead, their products will be featured in our mega stores that are already well-known and trusted by Latin Americans, maximizing conversion rates. Global sellers only need to send their packages to our US or China warehouse - we'll take care of international shipments, customs, taxes, cancellations, returns, and customer support.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

nocnoc raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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