{"id":45213,"date":"2016-04-15T06:07:00","date_gmt":"2016-04-15T10:07:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/cornershop-announces-6-7-million-series-a\/"},"modified":"2016-04-15T06:08:12","modified_gmt":"2016-04-15T10:08:12","slug":"cornershop-recibe-inversion-por-usd-6-7-millones","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/cornershop-recibe-inversion-por-usd-6-7-millones\/","title":{"rendered":"Cornershop announces $6.7 Million Series A"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">MEXICO CITY<\/span>, <span class=\"xn-chron\">April 15, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Cornershop (<a href=\"http:\/\/www.cornershopapp.com\/\" target=\"_blank\" rel=\"nofollow\">www.CornershopApp.com<\/a>), a Mexican-Chilean startup and the leader in fast grocery delivery for <span class=\"xn-location\">Mexico<\/span>, has raised a <span class=\"xn-money\">$6.7 million<\/span> Series A round of funding. The round is led by Jackson Square Ventures and ALLVP, with participation from Creandum, Accel, Endeavor Catalyst and other existing investors.<\/p>\n<p>&#8220;What we find compelling in Cornershop is the strength of the experienced team combined with a massive market opportunity,&#8221; said <span class=\"xn-person\">Greg Gretsch<\/span>, managing director at Jackson Square Ventures. &#8220;Furthermore, Cornershop is already showing great early traction and solid customer loyalty metrics. We are thrilled to partner with the team on this exciting endeavor.&#8221;<\/p>\n<p>&#8220;Metropolitan areas such as <span class=\"xn-location\">Mexico City<\/span> and <span class=\"xn-location\">Santiago<\/span> de <span class=\"xn-location\">Chile<\/span> have the perfect characteristics \u2013 consumer interest, geographic density, and sound infrastructure &#8212; to build and scale this service profitably,&#8221; added <span class=\"xn-person\">Federico Antoni<\/span> from ALLVP, a leading early stage fund in <span class=\"xn-location\">Mexico<\/span>, who will join Cornershop&#8217;s board of directors. &#8220;Cornershop has already built a solid operation from which it can now quickly scale to take advantage of the very large opportunity in the region.<\/p>\n<p>With over 60% of the population using smartphones, Mexican consumers are purchasing more and more items online. Last year, e-commerce surpassed <span class=\"xn-money\">$15 billion<\/span> in sales and is expected to grow 25% annually until 2019. Spending in the Mexican grocery market alone is close to <span class=\"xn-money\">$200 billion dollars<\/span> a year and less than 0.1% of that spending is done online.<\/p>\n<p>&#8220;We&#8217;re excited to have more great investors join a strong team of investors and help the amazing people here at Cornershop. We have the right team, product and operational model to advance faster. So we&#8217;re going to roll up our sleeves, and focus on those everyday details and incremental improvements that make this business so much fun,&#8221; said Oskar Hjertonsson, co-founder and CEO.<\/p>\n<p><b>About<br \/><\/b>Cornershop is the leader in fast grocery delivery for <span class=\"xn-location\">Mexico<\/span> and <span class=\"xn-location\">Chile<\/span>. It has been operating its on-demand grocery delivery service since <span class=\"xn-chron\">July 2015<\/span>, in <span class=\"xn-location\">Mexico City<\/span> and <span class=\"xn-location\">Santiago<\/span> de <span class=\"xn-location\">Chile<\/span>. Using the company&#8217;s applications for iOS and Android, customers select products from stores offered in the customer&#8217;s area and choose a one-hour window for scheduled deliveries. On-demand orders are delivered in less than 90 minutes.<\/p>\n<p>Cornershop was founded in 2015 by Oskar Hjertonsson, <span class=\"xn-person\">Daniel Undurraga<\/span> and <span class=\"xn-person\">Juan Pablo Cuevas<\/span>. <\/p>\n<p>Cornershop Video: <a href=\"https:\/\/www.youtube.com\/watch?v=zaEj0fIG5pA\" target=\"_blank\" rel=\"nofollow\">https:\/\/www.youtube.com\/watch?v=zaEj0fIG5pA<\/a><\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">MEXICO CITY<\/span>, <span class=\"xn-chron\">April 15, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; Cornershop (<a href=\"http:\/\/www.cornershopapp.com\/\" target=\"_blank\" rel=\"nofollow\">www.CornershopApp.com<\/a>), a Mexican-Chilean startup and the leader in fast grocery delivery for <span class=\"xn-location\">Mexico<\/span>, has raised a <span class=\"xn-money\">$6.7 million<\/span> Series A round of funding. The round is led by Jackson Square Ventures and ALLVP, with participation from Creandum, Accel, Endeavor Catalyst and other existing&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-45213","post","type-post","status-publish","format-standard","hentry","category-negocios-y-finanzas"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/45213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=45213"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/45213\/revisions"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=45213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=45213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=45213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}