Investment

In Loco raises $20M Series B

LatAm ListIn Loco is a Brazilian location-tech startup which provides apps with a platform to contextualize user location data. The company uses its location intelligence to serve a variety of industries, clients include Nissan and Banco Santander. 

The Brazilian startup raised $20M in its most recent Series B round led by Valor Capital Group and Unbox Capital. With this new capital, In Loco plans to continue expanding nationally and soon break into the US market.

“This new round will allow us to grow even more aggressively, bringing solutions for our customers to sell more through our location intelligence platform,” said André Ferraz, CEO of In Loco, to Startupi.

Read more at Startupi

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