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
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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