The remote first company started in 2020 as an online commerce resource for neighborhood markets and grocery stores — most that have never shopped online before — to stock up on products they need, offering competitive pricing and better customer service. The company is also growing 40% month over month, gross merchandise value-wise.“We reach a long tail of customers that are hard to service, are working with less working capital and offer them a single place to buy everything they need and have good delivery lead time to keep inventory fulfilled,” Adler added. The company started with five employees and also plans to hire additional staff to bring its now 40-person employee base to 70 people by the middle of 2022. Meanwhile, the company still has a long way to go to get in front of over 200,000 mom-and-pop grocery stores in Brazil, which generate more than $35 billion in combined revenue, Valor Capital Group’s Antoine Colaço said in a written statement.“These stores still face many challenges when trying to procure goods in an efficient and low-cost manner, and they also lack access to fair financing solutions,” Colaço said.