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 interest-free installments, making home furnishing accessible to a broad consumer base. Beyond product offerings, Mobly provides valuable resources on home improvement and design trends, empowering customers to create stylish and comfortable living environments. Its commitment to customer service aims to optimize the online shopping experience, assisting clients in discovering ideal home solutions.
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 Cisneros Group and Rocket Internet
Key Investors in Mobly
Cisneros Group
Cisneros Group is a global media and entertainment enterprise with a diverse portfolio including broadcasting and digital advertising, operating across North and South America. Their involvement suggests a strategic interest in expanding digital commerce platforms within Latin America.
Rocket Internet
Rocket Internet SE specializes in incubating and scaling internet and technology companies globally, providing operational support for international expansion. Their investment in Mobly indicates a belief in the company's potential for rapid growth and market leadership in the e-commerce space.
What's next for Mobly?
With the infusion of major strategic investment, Mobly is poised for accelerated growth and market consolidation. The company's focus on expanding its product range and enhancing its digital platform, coupled with its established presence in the Brazilian market, positions it for continued success. Future initiatives are likely to involve leveraging this capital for operational enhancements, supply chain optimization, and potentially exploring new market segments or service offerings to solidify its leadership in the online home goods sector.
See full Mobly company page
