Jüsto

Jüsto is an online delivery-only grocery store chain that offers a wide range of fruits, vegetables, meat products, beauty products, and house supplies that can be delivered at every consumers' doorstep.

Jüsto is working to improve the lives of Latin Americans by providing them with a new generation of supermarkets.

Jüsto was founded in 2019 by Ricardo Weder. The company is headquartered in Mexico, with presence in Brazil and Peru.

 

Jüsto's business model is fully online—without physical stores—and delivers directly to the customer’s home. Jüsto saves its customers time and money. It also guarantees 100% fulfillment of orders, as well as a commitment to deliver the freshest fruits, vegetables, meats, and seafood.

 

Jüsto offers a vast catalogue of products, both from top brands and local producers, all at competitive prices. It also supports suppliers in establishing distribution processes and negotiating fair trade agreements for all parties.

 

Jüsto uses technology to improve the online and app-based customer journey and shopping experience. The company leverages AI to forecast demand and reduce waste levels at each of its micro-fulfillment centers, as well as proprietary software to manage, pick and deliver customer orders.

 

Jüsto is backed by General Atlantic, Foundation Capital, Tarsadia Capital, Citius, Quiet Capital, Mountain Nazca, Arago Capital, FEMSA Ventures, 500 Startups, and others. The company raised $152M in Series B round on Apr 07, 2022. This brings Jüsto's total funding to $244M to date.

 

 

  • Year founded: 2019
  • Funding Info: $244M over 5 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: NA
  • City/Town: Cuauhtémoc
  • State: Ciudad de México
  • Country: Mexico
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