Walkers Advises New Unicorn, Facily, on $135 Million Series D-1 Round Financing

Walkers has acted as Cayman Islands counsel to Facily, a Latin American social commerce platform, in its $135 million Series D-1 financing, led by venture capital investors Goodwater and Prosus. The Series D-1 round brings the total amount raised by Facily to more than $500 million in twelve months, giving the startup unicorn status with a valuation in excess of $1 billion.

Facily is the first social commerce platform in Latin America and the company will apply the latest funding towards geographic expansion and technology and product development.

Walkers acted alongside US counsel, Cooley LLP, and was led by Cayman Islands Partners Tim Ludford-Thomas and Jason Allison with assistance from Associates James Murrie and Aoife Murphy.

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