Tucán Secures $1 Million in Seed Funding to Strengthen Technology and Expand Across Latin America

Tucán, an Argentinian SaaS platform that supports restaurants with e-commerce, logistics, and marketing solutions, has successfully raised $1 million in a seed funding round. The round was led by Shefa, the corporate venture capital arm of the IRSA Group, with participation from three local gastronomic groups. This funding will be used to enhance Tucán’s technology infrastructure and customer support as the company prepares for increased demand and scales its services.

Founded in 2020 by Agustín Perrotta, Facundo Caldora, and Facundo Gregorini, Tucán’s platform allows restaurants to manage their online sales channels efficiently, providing tools for fast delivery logistics and personalized marketing. The company operates across Argentina, Chile, Uruguay, Peru, and Paraguay, with plans to expand further across Latin America, particularly focusing on Mexico. Tucán has helped over 2,000 restaurants to process more than 2.5 million orders to date.

With this new investment, Tucán aims to solidify its presence in Argentina and other Latin American markets while focusing on expanding its client base, particularly among large restaurant chains. The company has already signed contracts with 21 of the top 80 gastronomic groups in the region and aims to capture over 40% of the restaurant chain market by the end of 2024. Looking ahead, Tucán plans to raise a Series A funding round by the end of 2025 to further fuel its regional expansion, with a particular interest in entering the Mexican market.