Netshoes

Sao Paulo, Brazil Founded: 2000 • Age: 26 yrs Acquired By Magazine Luiza
Sportswear and related necessities are sold online by Netshoes.
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About Netshoes

Netshoes is a company based in Sao Paulo (Brazil) founded in 2000 was acquired by Magazine Luiza in April 2019. It operates as a Direct-to-Consumer (D2C), and Two-Sided Marketplace. Netshoes has raised $456.81 million across 5 funding rounds from investors including Magazine Luiza, International Finance Corporation and Temasek. Netshoes offers products and services including Sporting Goods, Footwear, and Supplements. Netshoes operates in a competitive market with competitors including Kanui and Clube Cartoleiro, among others.

  • Headquarter Sao Paulo, Brazil
  • Stage Public
  • Sectors
    Media & Entertainment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ns2.Com Internet S.A.
Operational Areas
Media & Entertainment → Sports, Events & Attractions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $456.81 M (USD)

    in 5 rounds

  • Latest Funding Round
    $30 M (USD), Private Equity Round

    Mar 09, 2017

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Magazine Luiza

    (Apr 29, 2019)

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Products & Services of Netshoes

Netshoes offers a comprehensive portfolio of products and services, including Sporting Goods, Footwear, and Supplements. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Sporting goods are sold for various activities online.

Footwear for sports and casual use is offered.

Nutritional supplements for fitness are provided to customers.

People of Netshoes
Headcount 10000+
Employee Profiles 149
Board Members and Advisors 9
Employee Profiles
People
Iara Almeida
Supervisor De Operações
People
Wiliam Miguel Santos
Diretor De Gestão De Pessoas E Melhoria Contínua
People
Patricia Pugas
Executive Human Resources Director
People
Luiz Fernando Rego
Executive Commercial Officer

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Funding Insights of Netshoes

Netshoes has successfully raised a total of $456.81M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $30 million completed in March 2017. 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.

  • Total Funding
  • Total Rounds 5
  • Last Round Private Equity Round — $30.0M
  • First Round

    (31 May 2012)

  • Investors Count 7
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Private Equity Round - Netshoes Valuation

investors

Apr, 2015 Amount Private Equity Round - Netshoes Valuation

investors

May, 2014 Amount Private Equity Round - Netshoes Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Netshoes

Netshoes has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Magazine Luiza, International Finance Corporation and Temasek. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
IFC is focused on private sector development in emerging markets.
Founded Year Domain Location
Carveout investments are managed by Riverwood Capital in private equity.
Founded Year Domain Location
Venture capital investments are directed toward multiple sectors by Kaszek.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Netshoes

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Netshoes

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Netshoes Comparisons

Employees
+
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Competitors of Netshoes

Netshoes 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 Kanui and Clube Cartoleiro, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Sporting goods and apparel are retailed online by Kanui.
domain founded_year HQ Location
Offers strategies and tips for fantasy sports game Cartola via subscriptions.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Netshoes

Frequently Asked Questions about Netshoes

When was Netshoes founded?

Netshoes was founded in 2000 and raised its 1st funding round 12 years after it was founded.

Where is Netshoes located?

Netshoes is headquartered in Sao Paulo, Brazil.

Is Netshoes a funded company?

Netshoes is a funded company, having raised a total of $456.81M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $170M, raised on May 31, 2012.

What does Netshoes do?

Netshoes is established as a leading e-commerce platform specializing in sporting goods. A wide range of products including footwear, apparel, and supplements is offered for various sports and fitness activities. The company serves diverse customer segments such as men, women, and children across multiple categories like football, running, and casual lifestyle. Operations are primarily conducted online, with solutions tailored for accessibility and customer convenience in Brazil. Partnerships with major brands like Adidas, Nike, and Puma are maintained to ensure product variety and quality.

Who are the top competitors of Netshoes?

Netshoes's top competitors include Kanui and Clube Cartoleiro.

What products or services does Netshoes offer?

Netshoes offers Sporting Goods, Footwear, and Supplements.

Who are Netshoes's investors?

Netshoes has 8 investors. Key investors include Magazine Luiza, International Finance Corporation, Temasek, Riverwood Capital, and Kaszek.

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