Galgo

Galgo

Innovation at service of finnancial inclusion in Latin America. Fast and flexible trustworthy access to automotives.

Founded 2018 Chile

Chile 407 employees Venture round Total: $153.00M Financial Services, Fintech

Galgo is a financial inclusion startup based in Chile, founded in 2018, with a mission to provide trustworthy access to automotives and drive innovation in Latin America. With the motto "Innovation at service of financial inclusion in Latin America. Fast and flexible trustworthy access to automotives," Galgo has been making a positive impact on thousands of families by granting over 30,000 credits in countries such as Chile, Peru, and Mexico over the past 4 years. The company's dedication lies in helping individuals achieve their goals and economic growth by offering flexible and reliable financing options for vehicles, particularly motorcycles. Galgo's focus on extending credit opportunities to those who are often excluded from the traditional system sets them apart in the financial services and fintech industries. Galgo's recent milestone includes a significant $40.00M Venture Round investment from a consortium of notable investors including Dalus Capital, Wind Ventures, Grupo Auteco, Kayyak Ventures, guil Mobility Ventures, Buena Vista Capital, FYNSA, Amarena, and Nazca Ventures on 10 October 2023. This investment signifies confidence in Galgo's vision of providing financial inclusion and marks a significant step towards the company's continued success in helping people improve their quality of life.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$40.00M	9	Dalus Capital, Wind Ventures +7	10 Oct 2023
Series A	$29.00M	6	Fen Ventures, Kayyak Ventures +4	29 Mar 2022
Debt Financing	$80.00M	-		29 Mar 2022
Seed Round	$2.50M	2	Fen Ventures, Kayyak Ventures	15 Apr 2021
Seed Round	Undisclosed	-		01 May 2020
Pre Seed Round	$1.50M	1	Kayyak Ventures	01 Dec 2019

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$40.00M

Dalus Capital, Wind Ventures +7

10 Oct 2023

Series A

$29.00M

Fen Ventures, Kayyak Ventures +4

29 Mar 2022

Debt Financing

$80.00M

29 Mar 2022

Seed Round

$2.50M

Fen Ventures, Kayyak Ventures

15 Apr 2021

Seed Round

Undisclosed

01 May 2020

Pre Seed Round

$1.50M

Kayyak Ventures

01 Dec 2019

FAQ About Galgo

Innovation at service of finnancial inclusion in Latin America. Fast and flexible trustworthy access to automotives.

Galgo was founded in 2018.

Galgo is headquartered in Chile.

Galgo operates in Financial Services and Fintech. Its work centres on financial inclusion, automotive financing, Latin America and flexible financing.

Galgo has approximately 407 employees.

Galgo has completed 6 funding rounds, raising a total of $153.00M. The latest funding stage is Venture round.

Top alternatives and competitors to Galgo include Vaale | Techstars ‘22, DitoBanx, Firmus SAS, luzverde (Techstars '22), Working Capital for Community Needs (WCCN) . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Galgo and Vaale | Techstars ‘22 are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (6)

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FAQ About Galgo