LAVCA VC
  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA
  • Member Login
  • Member Access

LAVCA VC

  • News Feed
  • VC Data
  • Directories
  • Features
  • Tech Growth Coalition
  • LAVCA Gender Diversity
  • Engage
    • VC Council
    • VC Members
  • LAVCA

Axon Partners Invests in Tire e-commerce Platform Neumarket

July 11, 2017
Neumarket Axon Partners LAVCA Venture Investors

Axon Partners made an undisclosed investment in Neumarket, a tire e-commerce platform operating in Mexico and Colombia.

(Press Release) Axon Partners Group, through the Amerigo Ventures Pacífico Fund, invested in Neumarket through an equity investment with the objective of scaling its operations in Mexico and Colombia and thus continue to consolidate its position as the reference online company within the tires industry in the Latin American region.

Neumarket (www.neumarket.com & www.neumarket.com.mx) is the largest Tire eCommerce in Colombia and Mexico, and is has positioned itself as the leader in the industry in the Latin American region. Growing annually at 103% in 2016, Neumarket aims to sell 200.000 tires in 2020.

About this transaction Alfonso de León, CEO of Axon Partners Group, commented “We are pleased to contribute to Neumarket’s development and help to boost its growth. The company groups a seasoned team with deep knowledge expertise looking to exploit an attractive niche”. This investment reaffirms Axon’s position as a leader of the digital entrepreneurship ecosystem in Latin- America, where Neumarket represents the tenth investment for its portfolio.

Juan David Gutiérrez, Founder and CEO of Neumarket, commented “Thanks to Axon’s investment, we are going to improve user experience and reach a larger audience. This will allow us to consolidate Neumarket as one of the largest ecommerce in Latin America and one of the most important players in the tire market in the countries we are in”.

Axon Partners Invests in Tire e-commerce Platform Neumarket was last modified: July 11th, 2017 by Editor
Axon PartnersColombiaeCommerceMexicoNewmarketTelefonicaTelefonica Open Future_TiresVCVenture Capital
0
Facebook Twitter Google +

Categories

  • Deals
  • Exits
  • Regulatory
  • M&A
  • New Funds & Firms
  • Partnerships

Sign up for LAVCA’s bi-weekly Latin American Private Capital Update and the LatAm Venture Bulletin, produced specifically for venture investors, entrepreneurs, and technology startups in the early stage ecosystem.






Which LAVCA Newsletter would you like to receive?

Tweets

  • #LAVCAWeek2022 is taking place in person Oct. 11-14 in NYC! Speakers include: Tania Sztamfater Chocolat (… https://t.co/uNg10qSqwx

    09-Aug-2022

    Reply Retweet Favorite
  • Today's top takeaways from the #LatAmVentureBulletin: https://t.co/JY9CRvO0hW https://t.co/KUabMLOT2U

    05-Aug-2022

    Reply Retweet Favorite
  • Leading VCs and tech investors active in Brazil are invited to join LAVCA's #EncontroAnualBrasil. Program highlight… https://t.co/9vWiCTnyuh

    05-Aug-2022

    Reply Retweet Favorite
  • Registration for #LAVCAWeek2022 is now open for all qualified institutional investors LAVCA Members and non-members… https://t.co/iiv4YQSuUc

    03-Aug-2022

    Reply Retweet Favorite
  • In July 2020, Crescera Capital invested ~USD72m in Grupo Zelo, a Brazil-based funeral services provider for familie… https://t.co/HXof8eS4PS

    02-Aug-2022

    Reply Retweet Favorite

Keep in touch

Twitter Linkedin Youtube

About LAVCA

 

LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

LAVCA Office

    New York City:
    589 8th Ave, 18th Floor
    New York, NY 10018

Explore LAVCA.org

  • About LAVCA
  • Board, Team, & Advisors
  • Media
  • Contact Us
  • Membership Benefits
  • Members Only Access
  • Education and Programs
  • Research
  • Policy
  • LAVCA VC
  • Contact Us

@2020 - LAVCA. All Rights Reserved.


Back To Top