About Tiete
Tiete is a company based in Tiete (Brazil) founded in 1997 was acquired by Grupo Vamos in April 2023.. Tiete offers products and services including New Trucks and Buses, Used Vehicles, Auto Parts, and Maintenance Services. Tiete operates in a competitive market with competitors including WebPesados, Grupo Lider, Navicam, Cromocar and Mercado Guincho, among others.
- Headquarter Tiete, Brazil
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Sectors
Transportation, Automotive & Logistics
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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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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Grupo Vamos
(Apr 15, 2023)
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Products & Services of Tiete
Tiete offers a comprehensive portfolio of products and services, including New Trucks and Buses, Used Vehicles, Auto Parts, and Maintenance Services. 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.
Sales of new Volkswagen commercial vehicles
Sales of pre-owned trucks and buses
Supply of original parts for trucks and buses
Repairs and maintenance for commercial vehicles
Funding Insights of Tiete
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tiete
Tiete has secured backing from 1 investor. Prominent investors backing the company include Grupo Vamos. 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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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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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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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tiete
| 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 - Tiete
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tiete Comparisons
Competitors of Tiete
Tiete 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 WebPesados, Grupo Lider, Navicam, Cromocar and Mercado Guincho, 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 |
Heavy equipment is traded via an online marketplace in Brazil.
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| domain | founded_year | HQ Location |
Automotive dealerships, insurance, and digital platforms in Brazil.
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| domain | founded_year | HQ Location |
Sells and services IVECO trucks, buses, and parts for commercial clients.
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| domain | founded_year | HQ Location |
Sales of new and used commercial trucks and trailers in Brazil.
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| domain | founded_year | HQ Location |
Provides an online platform for towing, buying, and selling trucks.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Tiete
Frequently Asked Questions about Tiete
When was Tiete founded?
Tiete was founded in 1997.
Where is Tiete located?
Tiete is headquartered in Tiete, Brazil. It is registered at Tiete, Sao Paulo, Brazil.
Who is the current CEO of Tiete?
Andres Gluski is the current CEO of Tiete.
What does Tiete do?
Tiete was established in 1997 in Tiete, Brazil, within the automotive sector. Operations focus on vehicle sales through dealerships, alongside workshop repairs, provision of parts and accessories, and ongoing maintenance services. The company serves local markets in Brazil, supporting vehicle owners with comprehensive after-sales support under the leadership of CEO Andres Gluski.
Who are the top competitors of Tiete?
Tiete's top competitors include WebPesados, Grupo Lider and Navicam.
What products or services does Tiete offer?
Tiete offers New Trucks and Buses, Used Vehicles, Auto Parts, and Maintenance Services.
Who are Tiete's investors?
Tiete has 1 investor. Key investors include Grupo Vamos.