Mexican startup Yalo announced a $20M extension of its series C round to lead AI-driven conversational commerce in traditional retail stores.
This extension comes as a result of an alliance with Glisco Partners, a growth capital firm based in Mexico City.
“We are deeply grateful for Glisco’s support, and we will continue to focus on building products that help our customers grow by harnessing the potential of AI,” said Javier Mata, founder and CEO of Yalo.
Yalo enables clients to enhance customer relations and increase revenue through intelligent interactions on platforms like WhatsApp. The clients are guided not only on what to buy but also on maximizing product potential.
This conversational commerce platform has an established client portfolio, including Coca-Cola, Nestlé, Mondelez, Coppel, Banco Azteca, and GPA, among others.