Since 2020, the Colombian soonicorn has managed to have more than 30,000 hardware stores in its application, with a growth of 40% each month and a retention rate of over 70%.
“We are very excited about the opportunity for Tul to support the development of local communities in Latin America by partnering with their hardware stores,”
Enrique Villamarin – CEO and Co-founder of Tul.
Founded in 2020, Tul, is a B2B e-commerce marketplace that optimizes the construction material supply chain for hardware stores, by helping with consistent access to the materials and inventory and giving them the opportunity to compete against the big hardware stores. Last year Tul received their Series B which had a value of 180M USD and had the objective to expand their operations not only in Colombia but to reach Ecuador, Mexico and Brazil.
Timbi has helped Tul with strategic positions to lead their expansion through Brazil.