About Muni
Muni is a company based in Bogota (Colombia) founded in 2020 by Maria Gomez.. Muni has raised $20 million across 2 funding rounds from investors including Lightspeed Venture Partners, Pear VC and Carlo Dapuzzo. Muni operates in a competitive market with competitors including JOKR, Rappi, Merqueo, Instaleap and Mercadoni, among others.
- Headquarter Bogota, Colombia
- Founders Maria Gomez
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series A
Mar 22, 2022
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Investors
Lightspeed Venture Partners
& 10 more
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Employee Count
Employee Count
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Funding Insights of Muni
Muni has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in March 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 Funding
- Total Rounds 2
- Last Round Series A — $20.0M
- First Round First Round
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Series A - Muni | Valuation | Lightspeed Venture Partners | |
| Jun, 2020 | Amount | Seed - Muni | Valuation | Carlo Dapuzzo |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Muni
Muni has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Lightspeed Venture Partners, Pear VC and Carlo Dapuzzo. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Founded Year | Domain | Location | |
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Seed & early stage VC firm investing the US
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Founded Year | Domain | Location | |
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Sectors like ad tech, food tech, logistics, services are targeted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Muni
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Muni
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Muni Comparisons
Competitors of Muni
Muni operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JOKR, Rappi, Merqueo, Instaleap and Mercadoni, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category grocery products are delivered via an online platform.
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| domain | founded_year | HQ Location |
Online food ordering and delivery platform
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| domain | founded_year | HQ Location |
Grocery products are retailed online via app and website.
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| domain | founded_year | HQ Location |
Online delivery operations are managed for supermarkets and retailers.
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| domain | founded_year | HQ Location |
Facilitates on-demand grocery delivery from nearby stores for convenient shopping.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Muni
Frequently Asked Questions about Muni
When was Muni founded?
Muni was founded in 2020.
Where is Muni located?
Muni is headquartered in Bogota, Colombia. It is registered at Bogota, Bogota, Colombia.
Is Muni a funded company?
Muni is a funded company, having raised a total of $20M across 2 funding rounds to date.
What does Muni do?
App-based marketplace offering multi-category grocery supplies. It helps sellers to sell supermarket products directly through an online catalog by managing the sales, promoting products, and controlling the commissions with the app. It offers fruits, vegetables, groceries, cleaning products, personal care, beverages, dairy, eggs, and more. It also allows the shopper to shop at individual markets. The company offers mobile applications for Android and iOS platforms.
Who are Muni's investors?
Muni has 11 investors. Key investors include Lightspeed Venture Partners, Pear VC, Carlo Dapuzzo, Monashees, and Felipe Villamarin.