Insights

Market Expansion Favo aims to democratize e-commerce in Latin America and reach millions of new digital customers while enabling aspiring entrepreneurs with income opportunities. This suggests a sales opportunity for regional SMB e-commerce tools, payment solutions, logistics partnerships, and localized marketing services tailored to emerging markets.

Tech Stack Fit Current technologies include AWS, WordPress, Webflow, and analytics/UX tools like Hotjar and Trustpilot. This indicates openness to scalable cloud hosting, flexible CMS/website builders, customer review systems, and user analytics integrations—areas where a value proposition around performance optimization and trusted UX could resonate.

Growth Funding With revenue in the $10–25 million range and $31 million in funding, Favo has capital to invest in technology upgrades, platform integrations, and regional expansion. This presents opportunities for strategic partnerships, enterprise-grade SaaS licenses, and professional services to accelerate scale.

Customer Experience The use of tools like Mautic for marketing automation and Trustpilot for reviews signals emphasis on customer engagement and social proof. Sales opportunities exist in expanding marketing automation, CRM integrations, and reputation-management solutions to boost conversion and trust across Latin American markets.

Recruitment & Partnerships A mid-sized team (201–500 employees) in a growth-focused retail context suggests a need for scalable collaboration and productivity platforms. This opens conversations around enterprise collaboration, vendor consolidation, and channel/affiliate partnerships to accelerate onboarding of merchants and expand marketplace reach.

Similar companies to Favo

Favo Tech Stack

Favo uses 8 technology products and services including Optimise, Hotjar, Amazon Web Services, and more. Explore Favo's tech stack below.

Media & News

Favo's Email Address Formats

Favo uses at least 4 email formats:
Favo Email FormatsExamplePercentage
First.Last@mercadofavo.comJohn.Doe@mercadofavo.com
69%
First.Middle@mercadofavo.comJohn.Michael@mercadofavo.com
16%
First@mercadofavo.comJohn@mercadofavo.com
13%
Last@mercadofavo.comDoe@mercadofavo.com
2%

Frequently Asked Questions

What is Favo's stock symbol?

Minus sign iconPlus sign icon
Favo is a publicly traded company; the company's stock symbol is GFGF.

What is Favo's official website and social media links?

Minus sign iconPlus sign icon
Favo's official website is mercadofavo.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Favo generate?

Minus sign iconPlus sign icon
As of August 2026, Favo's annual revenue is estimated to be $10M - $25M.

What is Favo's NAICS code?

Minus sign iconPlus sign icon
Favo's NAICS code is 44-45 - Retail Trade.

How many employees does Favo have currently?

Minus sign iconPlus sign icon
As of August 2026, Favo has approximately 261 employees across 4 continents, including South America, Europe and Asia. Key team members include Chief Technology Officer: M. F., Group Chief Financial Officer: J. C. and Owner: P. T. Explore Favo's employee directory with LeadIQ.

What industry does Favo belong to?

Minus sign iconPlus sign icon
Favo operates in the Retail industry.

What technology does Favo use?

Minus sign iconPlus sign icon
Favo's tech stack includes Optimise, Hotjar, Amazon Web Services, WordPress, Google Workspace, Mautic, Trustpilot and Webflow.

What is Favo's email format?

Minus sign iconPlus sign icon
Favo's email format typically follows the pattern of First.Last@mercadofavo.com. Find more Favo email formats with LeadIQ.

How much funding has Favo raised to date?

Minus sign iconPlus sign icon
As of August 2026, Favo has raised $31M in funding. The last funding round occurred on Oct 06, 2021 for $25M.

When was Favo founded?

Minus sign iconPlus sign icon
Favo was founded in 2019.
Favo logo

Favo

RetailLima, Peru201-500 Employees

Favo is a mid-sized retail company based in Lima, Peru, operating in the e-commerce space. It aims to democratize e-commerce in Latin America by making online shopping more accessible for millions of digital customers and by creating real income opportunities for aspiring entrepreneurs without upfront investment. Its online presence is at https://mercadofavo.com.

It targets both cost-conscious shoppers seeking convenience and aspiring entrepreneurs looking for income opportunities without upfront capital. Operating from Lima within the Latin American retail landscape, it relies on online channels to reach its audience.

Section iconCompany Overview

Stock Symbol
GFGF
NAICS Code
44-45 - Retail Trade
Founded
2019
Employees
201-500

Section iconFunding & Financials

  • $31M

    Favo has raised a total of $31M of funding over 4 rounds. Their latest funding round was raised on Oct 06, 2021 in the amount of $25M as a Series A.

  • $10M - $25M

    Favo's revenue is estimated to be in the range of $10M - $25M

Ready to create more pipeline?

Get a demo and discover why thousands of SDR and Sales teams trust
LeadIQ to help them build pipeline confidently.

© LeadIQ, Inc. All rights reserved.