Rocketfy raises $7M in debt to expand E-commerce in Latin America

Rocketfy, an e-commerce platform based in Colombia, raised $7 million in debt funding from London-based Aluna Partners. The funding aims to enhance the platform’s technology and develop new logistics and payment solutions.

Rocketfy connects nearly 400,000 entrepreneurs across Latin America with the e-commerce ecosystem. The platform allows users to create personalized online stores and manages shipping through partnerships with various courier and logistics companies. Since 2021, the company has integrated artificial intelligence to optimize processes like sales and fraud prevention.

“We identify Rocketfy as a strong leader in the e-commerce space in Latin America and we believe that the company will continue to generate value in the foreseeable future,” said Stefano Sciacca, CEO of Aluna Partners.

Since its inception in 2018, Rocketfy has achieved a 4X annual growth rate and facilitated over 1.5 million transactions. The company currently operates in Colombia and Mexico and plans to expand its operations to Peru.

Read more at forbes.com

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