Uzum raised $114M in a Series A funding led by FinSight Ventures to expand its fintech and e-commerce business in Uzbekistan.
Amount Raised
$114 Million
Round Type
Series A
UzbekistanFinancial ServicesSoftwareE CommerceMarketplaceFintechInvestors
Description
Uzum, an e-commerce startup in Uzbekistan, raised $114 million in a Series A funding round led by FinSight Ventures, with participation from Xanara Investment Management and Uzum’s senior management. The funding will be used to expand its fintech business with plans to launch new products for unsecured lending and to enhance the infrastructure of its e-commerce arm.
Quick answer
Uzum raised $114 Million in a Series A round, dated March 26, 2024. Investors: Uzum’s Senior Management, Xanara Investment Management and Fin Sight Ventures. Uzum is based in Uzbekistan.
- How much did Uzum raise?
- Uzum raised $114 Million in a Series A round on March 26, 2024.
- Who invested in Uzum?
- Uzum’s Senior Management, Xanara Investment Management and Fin Sight Ventures are named as investors in this round.
- What does Uzum do?
- Uzum is a pioneering company based in Uzbekistan.
- Where is Uzum based and how big is it?
- Uzum is based in Uzbekistan. Fundz records about 1,600 employees.
- Who are the decision-makers at Uzum?
- Fundz holds 1 contact at Uzum. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and E Commerce around the same time
Companies in the same sectors as Uzum that raised within 45 days of this round, from Fundz verified event records.
- Ageras raised $89M (Post-IPO Equity) on April 30, 2024.
- Innoviti raised $5.2M (Series E) on April 1, 2024.
- Innoviti raised $5.2M (Series E) on April 1, 2024.
- Greenboard raised $4.5M (Seed) on May 8, 2024.
- Streamex Corp. raised $1.1M (Seed) on May 1, 2024.
- Blend Labs raised $150M (Series A) on April 29, 2024.
Who to call at Uzum, and when
A new round usually means Uzum is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Uzum raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Uzum, from your own LinkedIn network
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Funding Insights
What this usually meansUzum 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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