Lokal
Santiago, Chile
◆ About Lokal
Lokal enables convenience stores, minimarkets, and pharmacies to buy from multiple suppliers through one platform and provides credit to finance orders and guarantees payments to suppliers.
◆ What sets it apart
Combines multi-supplier wholesale ordering with embedded credit and payment guarantees, reducing friction for both retailers and suppliers.
◆ Sectors
◆ Business
Modelmarketplace
CustomerIndependent retailers such as convenience stores, minimarkets, pharmacies, emporios, and similar small merchants, plus local suppliers and brands that sell to them.
◆ Notable
- Reached more than 500 suppliers and 3,500 retailers across about 260 municipalities in Chile
- Raised $700K to expand across Chile
- Supported by Startup Chile and UDD Ventures programs
◆ Funding rounds
◆ Explore the market
◆ FAQ
What does Lokal do?
Lokal enables convenience stores, minimarkets, and pharmacies to buy from multiple suppliers through one platform and provides credit to finance orders and guarantees payments to suppliers.
Where is Lokal based?
Lokal is based in Santiago, Chile, founded in 2022.
How much has Lokal raised?
Lokal has raised $0.7M in tracked funding.
Who has invested in Lokal?
Investors in Lokal include Invexor Venture Partners and Platanus Ventures.