Tul Announces $181 Million Series B For Further Expansion Into Latin America, Supporting The 600,000 Local Hardware Stores That Serve As The Backbone Of Their Communities And A Source Of Development
Jan 11, 2022•almost 4 years ago
Amount Raised
$181 Million
Round Type
series b
Description
Today, Tul, an e-commerce platform that strengthens developing communities by providing locally-run hardware stores with consistent access to construction materials, inventory management capabilities, invoicing services and opportunities to diversify revenue streams, announced it has secured a $181 million Series B. The round was led by 8VC and extended by Avenir, bringing Tul’s total funding to date to nearly $210 million.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech