About SiteMercado
SiteMercado is a company based in Sao Paulo (Brazil) founded in 2014 was acquired by iFood in September 2020.. SiteMercado operates in a competitive market with competitors including JOKR, Rappi, Daki, Shopper and DIA, among others.
- Headquarter Sao Paulo, Brazil
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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Funding Insights of SiteMercado
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SiteMercado
SiteMercado has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include iFood. 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 |
|---|---|---|---|---|
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Food and market delivery services are provided by iFood.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SiteMercado
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SiteMercado
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sitemercado Comparisons
Competitors of SiteMercado
SiteMercado 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 JOKR, Rappi, Daki, Shopper and DIA, 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 |
Multi-category grocery products are delivered via an online platform.
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| domain | founded_year | HQ Location |
Online food ordering and delivery platform
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| domain | founded_year | HQ Location |
Multi-category grocery supplies are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
Grocery products are retailed online with monthly scheduled deliveries.
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| domain | founded_year | HQ Location |
Multi-category grocery products are sold via an online platform.
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| domain | founded_year | HQ Location |
Multi-category products are facilitated via an online marketplace.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SiteMercado
When was SiteMercado founded?
SiteMercado was founded in 2014.
Where is SiteMercado located?
SiteMercado is headquartered in Sao Paulo, Brazil.
Who is the current CEO of SiteMercado?
Gabriel Goncalves Dias Moreno is the current CEO of SiteMercado.
What does SiteMercado do?
SiteMercado was founded in 2014 in Sao Paulo, Brazil, as an e-commerce platform in the grocery sector. A range of products, including snacks, beverages, dairy items, and organic staples, is offered via the site. Operations include mobile applications for Android and iOS, along with online payment processing and user notifications. Services are extended to multiple cities across Brazil.
Who are the top competitors of SiteMercado?
Who are SiteMercado's investors?
SiteMercado has 1 investor. Key investors include iFood.