Tech Company Financing Transactions
JOKR Funding Round
G Squared, GGV Capital and HV Capital invested in a $50 million Series C venture round for JOKR. The round was announced on 2/3/2023.
Transaction Overview
Company Name
Announced On
2/3/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series C
Investors
Proceeds Purpose
The new funding will enable the company to double down in this region while it looks strategically at other geographies. He adds that the company is gross margin positive in Brazil and expects JOKR to reach full profitability by the first quarter of 2024.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
371 Bdwy.
New York, NY 10013
USA
New York, NY 10013
USA
Phone
Undisclosed
Website
Email Address
Overview
Changing retail as we know it. We are a global brand with a hyper-local product delivery service. We are determined to democratise retail by bringing together global suppliers all-time favourite products and local brands to support the small businesses in every neighbourhood we go to.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ralf Wenzel
Browse more venture capital transactions:
Prev: 2/3/2023: SalesRiver venture capital transaction
Next: 2/3/2023: Lavender venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs