clicOH Raises $25M Series A Financing
Gunderson Dettmer represented Argentina-based client clicOH, an on-demand delivery platform, in its $25 million Series A financing led by Tiger Global. The company’s platform provides a tech-enabled shipping service for Latin American businesses which enable sellers to track shipment in real time. clicOH will use its new capital for expansion and new product launches.
In the announcement of the transaction, co-founder and CEO of clicOH Agustin Novillo said, “Logistics capabilities throughout Latin America have long been burdened by local infrastructure challenges including lack of tech-enabled infrastructure and population distribution conditions, limiting the ability for global delivery companies to operate here. Now, through technology and an integrated network of industry partners, clicOH enables e-commerce businesses to efficiently and securely ship goods across the region, and at much lower costs than the revenue share of large marketplaces.”
The Gunderson deal team was co-led by Daniel Green and Brian Willbur and included Joe McGinley, Jamilah Mena, and Rose Wang.