Yalo, a Mexican startup specializing in conversational commerce, recently secured an additional $20 million in its Series C funding round. This investment, facilitated by an alliance with Mexico City-based growth capital firm Glisco Partners, is set to bolster Yalo’s AI-driven approach in transforming traditional retail interactions.
The company’s founder and CEO, Javier Mata, expressed gratitude towards Glisco for their support and reiterated Yalo’s commitment to developing AI-powered solutions that drive customer growth. Yalo’s platform, known for enhancing customer relations, operates primarily on messaging platforms like WhatsApp. It guides clients in purchasing decisions and helps maximize product potential, providing a unique blend of customer service and sales support.
Yalo’s innovative approach has already attracted a significant portfolio of clients, including major names like Coca-Cola, Nestlé, Mondelez, Coppel, Banco Azteca, and GPA. This new funding is expected to further expand Yalo’s impact in the realm of conversational commerce, bringing smarter, AI-enabled interactions to the forefront of retail business strategies.
