Hugo Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 800

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $150M

Hugo General Information

Description

Developer of an on-demand delivery application designed to connect individuals with products and services in one place. The company's application offers a variety of services from payments, food and drinks delivery, transportation, and delivery of medicines and groceries among others, enabling customers to order home delivery products, book transportation, and avail of other services with ease.

Contact Information

Website
www.hugoapp.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • José Martí Street
  • Suite 21, Lomas Verdes, Col. Escalón
  • San Salvador, 5143
  • El Salvador
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Application Software
Acquirer
Delivery Hero
Vertical(s)
FoodTech, Mobility Tech, Restaurant Technology, Mobile
Corporate Office
  • José Martí Street
  • Suite 21, Lomas Verdes, Col. Escalón
  • San Salvador, 5143
  • El Salvador

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Hugo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Merger/Acquisition 14-Oct-2022 $150M Completed Profitable
6. Later Stage VC 01-Aug-2022 Completed Profitable
5. Early Stage VC (Series A) 18-May-2020 Completed Profitable
4. Accelerator/Incubator 07-Oct-2019 Completed Profitable
3. Early Stage VC 14-Feb-2019 Completed Profitable
2. Angel (individual) 14-Dec-2017 $350K $500K Completed Profitable
1. Angel (individual) 14-Oct-2016 $150K $150K Completed Generating Revenue
To view Hugo’s complete valuation and funding history, request access »

Hugo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an on-demand delivery application designed to connect individuals with products and services in one place.
Other Services (B2C Non-Financial)
San Salvador, El Salvador
800 As of 2022

Mexico City, Mexico
 

Barcelona, Spain
 
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Hugo Competitors (6)

One of Hugo’s 6 competitors is Rappi, a Private Equity-Backed company based in Mexico City, Mexico.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Rappi Private Equity-Backed Mexico City, Mexico
Glovo Formerly VC-backed Barcelona, Spain
Uber Formerly VC-backed San Francisco, CA
Zola Venture Capital-Backed New York, NY
Delivery Hero Formerly VC-backed Berlin, Germany
To view Hugo’s complete competitors history, request access »

Hugo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Hugo Former Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
Amador Holdings Venture Capital Minority
Colabora Ventures Venture Capital Minority
Google Accelerator Accelerator/Incubator Minority
Imperia Structures Corporation Minority
Lift99 Venture Capital Minority
You’re viewing 5 of 10 investors. Get the full list »

Hugo Investments (1)

Hugo’s most recent deal was a Seed Round with Yummy (San Francisco) for . The deal was made on 01-May-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Yummy (San Francisco) 01-May-2021 Seed Round Other Restaurants, Hotels and Leisure
To view Hugo’s complete investments history, request access »

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Hugo FAQs

  • When was Hugo founded?

    Hugo was founded in 2016.

  • Where is Hugo headquartered?

    Hugo is headquartered in San Salvador, El Salvador.

  • What is the size of Hugo?

    Hugo has 800 total employees.

  • What industry is Hugo in?

    Hugo’s primary industry is Other Services (B2C Non-Financial).

  • Is Hugo a private or public company?

    Hugo is a Private company.

  • What is the current valuation of Hugo?

    The current valuation of Hugo is .

  • What is Hugo’s current revenue?

    The current revenue for Hugo is .

  • How much funding has Hugo raised over time?

    Hugo has raised $12.3M.

  • Who are Hugo’s investors?

    Amador Holdings, Colabora Ventures, Google Accelerator, Imperia Structures, and Lift99 are 5 of 10 investors who have invested in Hugo.

  • Who are Hugo’s competitors?

    Rappi, Glovo, Uber, Zola, and Delivery Hero are some of the 6 competitors of Hugo.

  • When was Hugo acquired?

    Hugo was acquired on 14-Oct-2022.

  • Who acquired Hugo?

    Hugo was acquired by Delivery Hero.

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