Gunderson Dettmer represented client Volpe Capital as it led the $7.85 million financing of Connectly, an AI and marketing tool. Connectly develops artificial intelligence solutions aimed at conversational commerce, enabling virtual assistants to contact customers on their birthday with coupons and offers similar to those in an e-commerce cart. The new capital will help the platform expand into Brazil.

In the announcement of the transaction, Volpe Capital partner Gabriel Marcassa said, “Within the consumer vertical, we want to invest in solutions that promote customer engagement. Furthermore, it is a case of an international company with a relevant presence in Latin America, which also fits with our investment thesis.”

The Gunderson Dettmer deal team was led by Brian Hutchings and included Rafael Bellaver and Arthur Dalmarco.

Companies
Volpe Capital
Connectly