About Submarino
Submarino is a company based in Rio De Janeiro (Brazil) founded in 1999 was acquired by Americanas in November 2006. Submarino has raised $105.6 million across 4 funding rounds from investors including Goldman Sachs, KKR and Warburg Pincus. Submarino operates in a competitive market with competitors including MercadoLibre, Amazon, Americanas, Shoptime and Cnova, among others.
- Headquarter Rio De Janeiro, 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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$105.6 M (USD)
in 4 rounds
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Latest Funding Round
$20 M (USD), Series C
Jun 01, 2001
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Investors
Goldman Sachs
& 8 more
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Employee Count
Employee Count
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Acquired by
Americanas
(Nov 23, 2006)
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Funding Insights of Submarino
Submarino has successfully raised a total of $105.6M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in June 2001. 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 4
- Last Round Series C — $20.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2001 | Amount | Series C - Submarino | Valuation |
investors |
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| Feb, 2000 | Amount | Series B - Submarino | Valuation |
investors |
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| Nov, 1999 | Amount | Series A - Submarino | Valuation |
investors |
Investors in Submarino
Submarino has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Goldman Sachs, KKR and Warburg Pincus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location |
Investments & Acquisitions by Submarino
Financial Statements - Submarino
Submarino Comparisons
Competitors of Submarino
Submarino 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 MercadoLibre, Amazon, Americanas, Shoptime and Cnova, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category consumer products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Operates an online marketplace offering a wide range of products across multiple categories.
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| domain | founded_year | HQ Location |
Multiple product categories are offered via an online marketplace.
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| domain | founded_year | HQ Location |
eCommerce platforms are operated across Brazil and international markets.
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Latest news on Submarino
Frequently Asked Questions about Submarino
Submarino was founded in 1999.
Submarino is headquartered in Rio De Janeiro, Brazil. It is registered at Rio De Janeiro, Rio De Janeiro, Brazil.
Submarino is a funded company, having raised a total of $105.6M across 4 funding rounds to date. The company's 1st funding round was a Series A of $14.3M, raised on Jun 01, 1999.
Submarino was established in 1999 as an e-commerce entity focused on retail. A diverse range of products, including fashion, electronics, beauty items, books, sports equipment, health supplements, and additional categories from multiple brands, is provided through its digital storefront. Operations are managed via the domain submarino.com.br, serving the Brazilian market with online purchasing options.
Submarino's top competitors include Amazon, MercadoLibre and Shoptime.
Submarino has 9 investors. Key investors include Goldman Sachs, KKR, Warburg Pincus, GP Investments, and TH Lee Putnam Ventures.