Announced
Completed
Financials
Sources
Tags
Venture Capital
e-commerce
Colombia
Friendly
construction materials
Completed
Cross Border
Minority
Private
e-commerce platform
E-commerce
Acquisition
Private Equity
Synopsis
8VC, a venture capital fund based in San Francisco, led a $181m funding round in Tul, an e-commerce platform specializing in construction materials, with participation from include Avenir Growth Capital, Coatue, Tiger Global and SoftBank Latin America Fund. "Tul has a significant runway for continued growth as its managed e-commerce marketplace further digitizes the construction industry through fintech and other value-added services," Jamie Reynolds, Avenir Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.