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Finestrella is a Mexico City-based telecommunications company that provides affordable postpaid mobile voice and data plans to unbanked consumers who lack traditional credit histories. The organization utilizes proprietary algorithms inspired by microfinance principles to assess customer creditworthiness and deploys a specialized motorcycle sales force to deliver physical handsets directly to residential addresses. Backed by prominent institutional investors including Omidyar Network, the enterprise has successfully raised approximately $20 million in venture capital funding and generated over $3 million in total revenue. Operating with a combined workforce of roughly 250 direct and outsourced employees, the company has served over 28,000 subscribers across ten distinct municipalities. At its peak growth period, the startup's operations accounted for 10% of all new postpaid plan sales for Telefonica within the Mexican market. Finestrella was founded in 2010 by Gabriel Manjarrez and Pedro Zayas.
Finestrella has raised $7.0M across 1 funding round.
Finestrella has raised $7.0M in total across 1 funding round.
Finestrella has raised $7.0M across 1 funding round. Most recently, it raised $7.0M Series A in May 2010.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| May 10, 2010 | $7M Series A | Joshua Motta | BAY Partners, Storm Ventures | Announced |
Finestrella has raised $7.0M in total across 1 funding round.
Finestrella's investors include Joshua Motta, Bay Partners, Storm Ventures.
