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HomeFinTechMelonn: Raises US$20M in Series A Funding

Melonn: Raises US$20M in Series A Funding

Melonn Raises US$20M in Series A Funding

  • Melonn, a Bogota, Colombia-based provider same or next-day fulfillment solution for ecommerce companies, closed a US$20M Series A funding round
  • The company, which has now raised around US$24m, intends to use the funds to continue to expand the platform in LatAm
  • The platform provides small and medium e-commerce businesses in LatAm with an an end-to-end same or next-day fulfillment solution coupled with an e-commerce backend technology platform fully developed in-house
  • The company’s proprietary tech platform guides sellers through a highly automated onboarding process, then seamlessly connects their different ecommerce channels
  • Next, sellers ship their inventory to urban fulfillment centers, near their end-consumers
  • In only one year, the company has launched five distribution centers in three cities across Colombia and one more in Mexico City, while employing more than 180 people total
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