Mimo Live Sales secured funding in a Pre-Series A round for an undisclosed amount, with the participation of LW Ventures (the CVC of Locaweb) and Cencosud Ventures.
Mimo Live Sales is a B2B SAAS that enables brands to sell products via live streaming on their e-commerce platform while facilitating real-time interactions.
With the newly received funding, the Brazilian startup will further develop its live technology, introduce new resources to analyze data in real time, and expand its operations internationally.
Mimo Live Sales achieves an average monthly revenue growth of 20% and an annual growth of 300%. The startup operates in three languages and has clients outside Brazil, including Cencosud in Colombia, Chile, Peru, and Argentina, Favo in Peru, and Schultz and MaxMara in the USA.
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