
Nippy
Connects companies through corporate social responsibility to create opportunities for economic and social development.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | €0.0 | round | |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
$200k | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 180 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Nippy operates as a 'workertech' platform in Latin America, focusing on improving the conditions and productivity of independent workers within the gig economy. The company was founded in Argentina by Diego Amondaray and Florencia Moroni. The inspiration for the venture came to Amondaray, a lawyer by profession, after a conversation with a Venezuelan migrant working as an Uber driver in Buenos Aires, which highlighted the significant challenges faced by independent and migrant workers.
The firm targets the expansive gig economy workforce, which includes a large number of migrants, providing them with essential services and benefits. Its business model is primarily B2B2C, partnering with platform companies like Uber, Rappi, and Paquery to offer their workforces access to Nippy's benefits. This helps these partner companies improve worker retention and productivity. Nippy also operates on a B2C model, where individual workers can subscribe to its services for a monthly fee. The company has stated its long-term goal is to evolve into a fintech platform tailored for the independent worker segment.
Nippy's core offering is a mobile application that centralizes a suite of services designed to address the primary needs of gig workers. These services include access to financing for work tools like bicycles, specialized insurance plans, legal and accounting advice, and educational resources through its e-learning platform. A distinctive feature is the establishment of "Nippy Centers," physical spaces where workers can rest, charge their phones, use Wi-Fi and restrooms, and access mechanical assistance. Initially launched in Córdoba, these centers are now present in multiple countries, including Mexico. The company has achieved significant milestones, including raising a $1 million pre-seed round in early 2023 and becoming the first Argentine startup to secure a loan using blockchain assets as collateral. The platform has registered over 250,000 workers, referred to as 'Nippers', across several Latin American countries.
Keywords: workertech, gig economy, independent workers, financial inclusion, fintech, Latin America, employee benefits, freelancer services, B2B2C, mobile application, platform workers, rider support, driver benefits, last-mile delivery, migrant workers, insurtech, digital nomads, SME financing, blockchain credit, workforce retention