Jüsto, founded in 2019 by Ricardo Weder, is an online-only grocer based in Mexico City. It operates entirely online with no physical stores and delivers groceries directly to customers' homes. The company uses technology to streamline inventory management and logistics, combining top brands with local producers in its catalog. Jüsto raised $70M in equity and debt financing primarily from General Atlantic, with HSBC México facilitating the debt portion. The financing will support execution of its growth strategy and expand its footprint in Mexico and beyond. The business is positioned to capture rising e-commerce adoption in Latin America by scaling its technology-driven operations.

Total raised

$3.0B

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2024