About Nuvemshop
Nuvemshop is a company based in Sao Paulo (Brazil) founded in 2011 by Martin Palombo, Santiago Sosa, and Alejandro Vazquez.. Nuvemshop has raised $632 million across 5 funding rounds from investors including Qualcomm, Accel and FJ Labs. Nuvemshop has completed 2 acquisitions, including Mandae and Perfit Email Marketing. Nuvemshop offers products and services including Nuvemshop Platform, Nuvem Envio, and Ecommerce na Prática. Nuvemshop operates in a competitive market with competitors including Shopify, Weebly, Squarespace, Webs and LummoSHOP, among others.
- Headquarter Sao Paulo, Brazil
- Founders Martin Palombo, Santiago Sosa, Alejandro Vazquez
- Stage Unicorn
-
Sectors
Retail
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Nuvemshop
Nuvemshop offers a comprehensive portfolio of products and services, including Nuvemshop Platform, Nuvem Envio, and Ecommerce na Prática. 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.
Tool for creating and managing free online stores with sales integrations
Service for handling logistics and deliveries for online businesses
Courses and resources for learning e-commerce management strategies
Unlock access to complete
Software Development Team
47 people
Sales and Marketing
29 people
Product Management Team
20 people
Leadership Team
11 people
Customer Team
11 people
Creative and Marketing Team
8 people
Human Resources and Administration
8 people
Finance and Accounting
7 people
Unlock access to complete
Funding Insights of Nuvemshop
Nuvemshop has successfully raised a total of $632M across 5 strategic funding rounds. The most recent funding activity was a Series E round of $500 million completed in August 2021. 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 Funding
- Total Rounds 5
- Last Round Series E — $500.0M
-
First Round
First Round
(21 Oct 2015)
- Investors Count 22
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series E - Nuvemshop | Valuation | Insight Partners , Tiger Global Management | |
| Mar, 2021 | Amount | Series D - Nuvemshop | Valuation | Accel | |
| Oct, 2020 | Amount | Series C - Nuvemshop | Valuation | Kaszek , Qualcomm |
| 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 Nuvemshop
Nuvemshop has secured backing from 22 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Qualcomm, Accel and FJ Labs. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment firm scaling software and technology companies from early to late stages.
|
Founded Year | Domain | Location | |
|
Venture and private equity investments are managed with global diversification.
|
Founded Year | Domain | Location | |
|
VC fund focused on equity markets
|
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 Nuvemshop
Nuvemshop has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mandae and Perfit Email Marketing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
AI and web-enabled shipping platform is provided for e-tailers.
|
2013 | ||||
|
Email marketing solutions are delivered to enterprises via a platform.
|
2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Nuvemshop
| 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 |
Nuvemshop Comparisons
Competitors of Nuvemshop
Nuvemshop 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 Shopify, Weebly, Squarespace, Webs and LummoSHOP, 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 |
E-commerce storefront solutions are provided for online businesses.
|
|
| domain | founded_year | HQ Location |
Tools for creating websites and online stores are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based website builder tool
|
|
| domain | founded_year | HQ Location |
Websites are built without coding via a cloud-based drag-and-drop platform.
|
|
| domain | founded_year | HQ Location |
Storefront solutions are provided for online businesses targeting digital customers.
|
| 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 Nuvemshop
Frequently Asked Questions about Nuvemshop
When was Nuvemshop founded?
Nuvemshop was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Nuvemshop located?
Nuvemshop is headquartered in Sao Paulo, Brazil.
Who is the current CEO of Nuvemshop?
Santiago Sosa is the current CEO of Nuvemshop. They have also founded this company.
Is Nuvemshop a funded company?
Nuvemshop is a funded company, having raised a total of $632M across 5 funding rounds to date. The company's 1st funding round was a Series C of $30M, raised on Oct 21, 2015.
What does Nuvemshop do?
Nuvemshop was founded in 2011 in Sao Paulo, Brazil, as a provider of SaaS-based software for e-commerce. Online stores are enabled for merchants through its platform, which handles operations including order management, shipping integrations, and payment processing. The suite supports businesses in Latin America by facilitating digital sales and inventory control without requiring extensive technical expertise.
Who are the top competitors of Nuvemshop?
Nuvemshop's top competitors include Shopify, Squarespace and Weebly.
What products or services does Nuvemshop offer?
Nuvemshop offers Nuvemshop Platform, Nuvem Envio, and Ecommerce na Prática.
How many acquisitions has Nuvemshop made?
Nuvemshop has made 2 acquisitions, including Mandae, and Perfit Email Marketing.
Who are Nuvemshop's investors?
Nuvemshop has 22 investors. Key investors include Qualcomm, Accel, FJ Labs, Alkeon Capital Management, and Qualcomm Ventures.
What is Nuvemshop's valuation?
The valuation of Nuvemshop is $3.1B as of Aug 2021.