What is Mobly?
Mobly stands as Brazil's largest online destination for furniture and home decor, boasting an extensive catalog of over 70,000 products. The company facilitates purchases with flexible payment options, including up to 10 interest-free installments. Beyond product offerings, Mobly provides valuable resources on home improvement and design trends, empowering customers to craft comfortable and stylish living spaces. Their commitment to customer service aims to elevate the overall shopping experience, assisting clients in finding ideal home furnishings.
How much funding has Mobly raised?
Mobly has raised a total of $20M across 1 funding round:
Private Equity
$20M
Private Equity (2013): $20M with participation from Rocket Internet and Cisneros Group
Key Investors in Mobly
Rocket Internet
Rocket Internet SE is a global incubator and investor focused on scaling internet and technology companies. They provide operational support to help ventures achieve market leadership internationally.
Cisneros Group
Cisneros is a diversified global media and entertainment enterprise with a broad portfolio including digital advertising and technology solutions across the Americas.
What's next for Mobly?
The substantial enterprise-level funding indicates Mobly is poised for significant scaling and market expansion. This strategic investment will likely fuel enhancements in logistics, inventory management, and digital marketing efforts to further solidify its leadership in the Brazilian market. Future initiatives may include expanding product lines, exploring new customer segments, and potentially investing in technological advancements to optimize the online shopping journey and operational efficiency.
See full Mobly company page
