About Elo7
Elo7 is a company based in Sao Paulo (Brazil) founded in 2008 was acquired by enjoei in July 2023. Elo7 has raised $18.01 million across 4 funding rounds from investors including Etsy, enjoei and Accel. Elo7 has completed 1 acquisition, including Bixti.com. Elo7 operates in a competitive market with competitors including Amazon, MercadoLibre, Submarino, Americanas and Brandsclub, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$18.01 M (USD)
in 4 rounds
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Latest Funding Round
$2.03 M (USD), Series B
Jun 04, 2020
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Investors
Etsy
& 4 more
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Employee Count
Not available
- Investments & Acquisitions
- Acquired by
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People of Elo7
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Funding Insights of Elo7
Elo7 has successfully raised a total of $18.01M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2.03 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Elo7
Elo7 has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Etsy, enjoei and Accel.
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Investment firm scaling software and technology companies from early to late stages.
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Accel is recognized as a leading venture capital firm.
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Sectors like ad tech, food tech, logistics, services are targeted.
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Investor details for Elo7
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Investments & Acquisitions by Elo7
Elo7 has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bixti.com.
Investment portfolio details for Elo7
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Limited information is available regarding Bixti.com's core activities.
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Complete acquisition details for Elo7
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Financial Statements - Elo7
Detailed financials for Elo7
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Elo7 Comparisons
Peer comparison for Elo7
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Competitors of Elo7
Elo7 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Amazon, MercadoLibre, Submarino, Americanas and Brandsclub, among others.
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Multi-category products are offered through an online marketplace.
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Multi-category consumer products are sold via an online marketplace platform.
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Multi-category products are sold via an online retail platform.
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Operates an online marketplace offering a wide range of products across multiple categories.
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Online shopping platform using flash sales
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Multiple product categories are offered via an online marketplace.
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Detailed competitors of Elo7
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Latest news on Elo7
Complete news archive for Elo7
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Frequently Asked Questions about Elo7
Elo7 was founded in 2008 and raised its 1st funding round 3 years after it was founded.
Elo7 is headquartered in Sao Paulo, Brazil.
Carlos Eduardo Curioni is the current CEO of Elo7.
Elo7 is a funded company, having raised a total of $18.01M across 4 funding rounds to date.
Elo7 was founded in 2008 in Sao Paulo, Brazil. An online marketplace is operated within the e-commerce sector, focusing on handicraft items. A platform is maintained for buyers and sellers to connect. Offerings include bags, furniture, jewelry, and additional categories. Mobile applications are supported on iOS and Android for user access. Operations are centered in Brazil.
Elo7's top competitors include Amazon, MercadoLibre and Submarino.
Elo7 has made 1 acquisition, including Bixti.com.
Elo7 has 5 investors. Key investors include Etsy, enjoei, Accel, Insight Partners, and Monashees.