L Catterton leads a **$70 million funding round** for Razor Group, a global aggregator of e-commerce consumer goods businesses. Following the investment, Razor acquires **VALOREO**, a Mexico-based e-commerce brand aggregator previously backed by L Catterton, KASZEK, and Presight Capital.
VALOREO, a next-generation e-commerce holding company, secures an $80 million Series B funding round. The investment is led by L Catterton’s Latin America fund, with additional contributions from other investors. The capital supports VALOREO’s expansion in the Latin American e-commerce market.
Valoreo secures an additional $30 million in Series A funding to expand its acquisition strategy of e-commerce brands in Latin America. The round follows a prior $50 million debt and equity raise completed in early 2021. The company focuses on consolidating digital retail businesses across the region.
Jul 2021TechCrunchNews article
Valoreo
Valoreo was Latin America's first e-commerce acquirer, buying, operating, and scaling online businesses for merchants who wanted to sell.