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
Phone
Undisclosed
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
JOKR LinkedIn Company Profile
Social Media
JOKR Company Twitter Account
Company News
JOKR News
Facebook
JOKR on Facebook
YouTube
JOKR on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ralf Wenzel
  Ralf Wenzel LinkedIn Profile  Ralf Wenzel Twitter Account  Ralf Wenzel News  Ralf Wenzel on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/3/2023: SalesRiver venture capital transaction
Next: 2/3/2023: Lavender venture capital transaction

 

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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.

 


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