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Invest in Coco Mercado (YC S19)

Remittences are inefficient. Send essentials to family instead.

Highlights

1
πŸ’› Trusted by 30k remitters from 91 countries; over 50k recipients in Venezuela
2
πŸ“ˆ GMV = $1.2M per month; $7.3M per year (1,096% YoY growth rate since 2019)
3
πŸ’΅ Net Revenue = $115k per month; $900k per year (1,022% YoY growth rate since 2019)
4
🀝 Customer lifetime value = $50 and customer acquisition cost = $10
5
πŸ‡»πŸ‡ͺ Remittences expected to reach $10M in Venezuela by 2025

Our Team

We founded Coco to help unleash the economic potential of Latin America, by implementing sophisticated technological systems that create smart ways to administrate and distribute resources.

Pitch

πŸ”— Link to recorded Clubhouse pitch night on Startup Club

Overview