Yummy, a Venezuelan ridesharing and food delivery app, raised a USD4m round from YC, Canary, the Hustle Fund, Necessary Ventures and Justin Mateen (Tinder). Yummy was founded by Postmates and Wayfair alum Vicente Zavarce. This is the largest round for a Venezuela-based startup, according to LAVCA Data.
(TechCrunch) – Yummy, a Venezuela-based delivery app on a mission to create the super app for the country, announced Friday it raised $4 million in funding to expand its dark store delivery operations across Latin America.
Funding backers included Y Combinator, Tinder co-founder Justin Mateen, Canary, Hustle Fund, Necessary Ventures and the co-founders of TaskUs. The total investment includes pre-seeding capital raised in 2020.
“This appears to be a contrarian bet, but Yummy has quickly become the No. 1 super app in Venezuela and proven that the team can scale the business in a difficult territory,” Mateen said in a statement. “Now Vicente and the rest of the Yummy team will expand into more traditional markets with the necessary experience and support to overcome inevitable challenges that they will face.”
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