RIO DE JANEIRO, BRAZIL - Tul, a Colombian startup that brings small building materials retailers out of the analog age, is barely two years old but has already attracted experienced investors and is preparing to land in Brazil, a US$27 billion market that could accelerate the company's path to becoming a unicorn.
Bogotá-based Tul raised US$181 million in a Series B round that values the company at nearly US$800 million. The funding was led by 8VC - the firm of Joe Lonsdale, one of the founders of Palantir - and was backed by Avenir Growth Capital, also based . . .