Kuona, a Monterrey, Mexico-based supplier of an clever SaaS platform for client packaged items (CPGs) and retailers, raised $6M in Seed funding.
The spherical was led by Cometa, with participation from Seaya Cathay Latam and FEMSA Ventures.
The firm intends to make use of the funds to broaden its presence and workforce in key geographies, together with Latin America, Europe and the United States.
Led by CEO Chema Sanroman, Kuona Analytics is an enterprise SaaS that enables client manufacturers and retailers to optimize their pricing, commerce promotions and inventories utilizing synthetic intelligence. The firm operates in the United States, Mexico, Brazil, Peru, and Ecuador.
It presently affords two merchandise, which embody:
- Kuona Price and Promotion Optimization. which allows corporations to calculate mechanically the actual efficiency of historic and present actions and optimize future ones
- Kuona Perfect Order, which creates the optimum gross sales order that will increase gross sales, diminishes merchandise returns and out-of-stock per factors of sale
It integrates with its shoppers to seize real-time information and leveraging neural networks for simulations. After opening its newest workplace in Brazil, the corporate is already worthwhile and operates in 5 nations (in the United States, Mexico, Brazil, Peru, and Ecuador) whereas serving main clients across the globe, reminiscent of Coca-Cola and OXXO comfort shops.
The firm participated in the Y Combinator Fellowship program.
About FEMSA Ventures
FEMSA Ventures is a Venture Capital fund backed by FEMSA and devoted to constructing collaboration bridges between FEMSA’s enterprise platform and entrepreneurial ecosystem. FEMSA Ventures goals to enhance and rework folks’s lives via progressive concepts and world-class entrepreneurs. As a strategic associate, its years of expertise in the beverage, retail and logistics industries in Latin America and the US supply a singular worth for corporations to drive development.
Founded in 2018, FEMSA Ventures’ portfolio contains corporations working in a wide range of industries reminiscent of conversational commerce, logistics, e-commerce, retail and fintech.
FEMSA Ventures aspires to be one of many main enterprise capital companies in Latin America. www.femsaventures.com
CodePR for Kuona