Elo7 Marketplace Startup – Brazil
Accel And Monashees Capital Back The Etsy For Brazil Elo7
Elo7, a marketplace for buying and selling handcrafted goods in Brazil, has received Series A funding from Accel Partners and Brazilian venture firm Monashees Capital.
Elo7 is similar in theory to Etsy, a U.S.-based marketplace for handicrafts goods (and an Accel-backed company as well). The site founded in 2008 and has grown to over 50 thousand registered artisans offering 1.2 million products to over 5 million visitors a month
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