Merqueo

Bogota, Colombia Founded: 2015 • Age: 11 yrs
Grocery products are retailed online via app and website.

About Merqueo

Merqueo is a company based in Bogota (Colombia) founded in 2015 by Sebastian Noguera Escallon and Jose Guillermo Calderon Ardila.. Merqueo has raised $86 million across 3 funding rounds from investors including DigitalBridge, IDB Invest and Blue like an Orange.

  • Headquarter Bogota, Colombia
  • Founders Sebastian Noguera Escallon, Jose Guillermo Calderon Ardila
  • Stage Public
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $86 M (USD)

    in 3 rounds

  • Latest Funding Round
    $22 M (USD), Series C

    May 19, 2022

  • Investors
    DigitalBridge

    & 10 more

  • Employee Count
    Employee Count
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People of Merqueo
Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Stephania Ortiz Mahecha
Procurement Analyst
People
Laura Oyuela
Chief Financial Officer
People
Juan Pablo Trujillo Jácome
Vice President Data & Marketing Latam
People
Andrés García
Legal Director

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Funding Insights of Merqueo

Merqueo has successfully raised a total of $86M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $22 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round Series C — $22.0M
  • First Round

    (14 Feb 2019)

  • Investors Count 11
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Series C - Merqueo Valuation Blue like an Orange
Jul, 2021 Amount Series C - Merqueo Valuation IDC Ventures , DigitalBridge
Feb, 2019 Amount Series A - Merqueo Valuation Portland Private Equity
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Merqueo

Merqueo has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include DigitalBridge, IDB Invest and Blue like an Orange. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private debt financing is provided to SMEs in sustainable sectors.
Founded Year Domain Location
Tech startups are funded by IDC Ventures venture capital firm.
Founded Year Domain Location
Digital infrastructure and real estate investments are managed by DigitalBridge.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Merqueo

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Merqueo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Merqueo Comparisons

Employees
+
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Competitors of Merqueo

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Merqueo

Frequently Asked Questions about Merqueo

When was Merqueo founded?

Merqueo was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Where is Merqueo located?

Merqueo is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.

Who is the current CEO of Merqueo?

Sebastian Noguera Escallon is the current CEO of Merqueo. They have also founded this company.

Is Merqueo a funded company?

Merqueo is a funded company, having raised a total of $86M across 3 funding rounds to date. The company's 1st funding round was a Series A of $14M, raised on Feb 14, 2019.

What does Merqueo do?

Merqueo was founded in 2015 in Bogota, Colombia, as an online grocery retailer. Products across more than 10 categories, such as fruits and vegetables, dairy, meats, snacks, frozen items, drinks, baby products, personal care, pet supplies, and pharmacy goods, are available. Orders are submitted through a mobile app or website, with deliveries coordinated by an internal team.

Who are Merqueo's investors?

Merqueo has 11 investors. Key investors include DigitalBridge, IDB Invest, Blue like an Orange, IDC Ventures, and MGM Group.

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