Morado

Morado

Private
Bogotá D.C.Consumer & Commercehttps://morado.app/

Last Round

Seed

Apr 20, 2022

Total Funding Raised

$5M

Company Overview

Morado is a Colombian B2B technology company that operates a marketplace and financial services platform for the beauty industry in Latin America. Founded in 2022 by Angela Acosta, a former Rappi executive, the company aims to digitize the supply chain for beauty salons, barber shops, and spas. Morado's platform allows these businesses to purchase inventory from a large catalog of products, offers wholesale pricing, provides next-day or express delivery, and extends credit to facilitate these purchases. The company raised a $5 million pre-seed round in April 2022 from investors including Tiger Global, H20 Capital, a16z, and QED Investors. Morado's mission is to empower the predominantly female workforce in the beauty sector by providing them with the digital tools and financial support needed to grow their businesses.

Sector

Consumer & Commerce

Verticals

E-commerce, Lending & Credit, Fashion & Beauty, Mobile Commerce, Last-Mile Delivery

Business Model

B2B

Customer Profile

Marketplace Commission, Services & Consulting

AI Layer

Non-AI

Keywords

b2b marketplaceinventory financingbeauty supply marketplaceembedded financeB2B BNPLwholesale beauty productsbeauty techsalon procurementbusiness creditmobile ordering applast-mile deliverysupply chain for salonsMorado Academy

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Morado Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Morado Funding Rounds

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RoundDateAmount RaisedValuationInvestorsSources
SeedApr 20, 2022

Morado Investors

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Morado Filings

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Morado Filings

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Firmographic Details

HeadquartersBogotá D.C.
Employee Range148
Year Founded2022
Last FundingApr 20, 2022

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