Favo: Funding, Investors & Team (Sep 2026)
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.
Favo has raised $32.3M across 2 funding rounds on record, the most recent a Series A of $25.7M announced in Oct 2021.
That round is above the $3.5M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Favo Company Profile and Key Stats
Latest funding round on record: Oct 2021.
Favo Funding Rounds
Favo raised $6.6M in a Series A announced in Jan 2021.
9 months later, a Series A of $25.7M was announced in Oct 2021.
Favo Founders and Leadership Team
Contact details for the Favo team: 1 of 1 has an email address on file.
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Favo's latest round of $25.7M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Favo Funding FAQs
What does Favo do?
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.
How much funding has Favo raised?
Favo has raised $32.3M across 2 rounds on record. The most recent is a Series A of $25.7M announced in Oct 2021.
When did Favo last raise funding?
Favo's most recent funding round on record is a Series A of $25.7M, announced in Oct 2021.
Who is the CEO of Favo?
Alejandro Ponce is listed as CEO at Favo.
Where is Favo headquartered?
Favo is based in São Paulo, Sao Paulo, Brazil.
How many employees does Favo have?
Favo is in the 251-500 employee band.
How does Favo's funding compare to other Commerce and Shopping startups?
Favo's latest round of $25.7M is above the $3.5M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Favo Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Favo is left off this page rather than filled in.
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