Colombian E-Commerce Startup Tul Nabs $800 Million Valuation
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Tul, an e-commerce platform specializing in construction materials, raised $181 million in an equity funding round led by 8VC.
Avenir Growth Capital, Coatue, Tiger Global and SoftBank Latin America Fund also participated in the round, Enrique Villamarin, Tul’s chief executive officer and co-founder, said in an interview. The Bogota, Colombia-based startup is now valued at about $800 million, a person with knowledge of the matter said.