Activant Capital has announced that it led Deuna’s US$30 million Series A alongside investors Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures (formerly Softbank Early Stage) as well as founders from Plaid, Kavak, Jeeves, Xepelin, iFood, R2, and others. Deuna is a one-click checkout solution that’s changing e-commerce in Latin America. The company operates in Mexico, Colombia, Ecuador, and Chile, and is expanding to Brazil this year. With 1.5 million + consumer accounts already active, Deuna is on a mission to create the largest independent shopper community in the region.
Latham & Watkins LLP represented Activant Capital in the transaction with a deal team led by New York partners Stelios Saffos and Jane Greyf, with associate Samuel Dillard. New York partner Gregory Hannibal, with associate Lauren Bewley, advised on tax matters.