Startup focused on digitizing SMEs in peripheral regions raises $2.2 million
Summary
• Founded in 2016, Dolado emerged to support small retailers who have not followed the wave of digitization in recent years and who have suffered most with the economic crisis led by the COVID-19 pandemic; • The seed round also included Global Founders Capital, Provence and Norte Capital, as well as angel investors from companies such as iFood, Stone, Olist, Viva Real, Paypal; • By providing the platform at zero cost to SMEs, Dolado’s monetization comes from a network of partners whose services are used by retailers. Created in July this year by Guilherme Freire, Khalil Yassine and Marcelo Loureiro, Dolado emerged to support small retailers who have not followed the wave of digitization in recent years and who have suffered most with the economic crisis led by the COVID-19 pandemic. Backed by the new resources, the startup aims at expanding the team and investing in the technology of its product. For Antoine Colaco, partner at Valor Capital Group, the startup also fills a huge structural gap, such as digitization, which helps in business management. By providing the platform at zero cost to SMEs, Dolado’s monetization comes from a network of partners whose services are used by retailers.