About Zax
Zax is a company based in Sao Paulo (Brazil) founded in 2019 by Fernando Zanatta.. Zax has raised $6 million across 1 funding round from investors including Canary, FJ Labs and ATLANTICO. Zax offers products and services including Clothing Platform, Accessories Collection, and App for Shopping. Zax operates in a competitive market with competitors including Faire, Inventa, Dolado, Gaveteiro and Gonddo, among others.
- Headquarter Sao Paulo, Brazil
- Founders Fernando Zanatta
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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
*********
- Legal Name Zax Intermediação De Negócios Eireli
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 1 rounds
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Latest Funding Round
$6 M (USD), Series A
Oct 05, 2021
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Investors
Canary
& 3 more
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Employee Count
Employee Count
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Products & Services of Zax
Zax offers a comprehensive portfolio of products and services, including Clothing Platform, Accessories Collection, and App for Shopping. 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.
Online system for wholesale clothing purchases and resale
Wholesale items like bags and jewelry for resellers
App enabling wholesale deals and free shipping options
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Funding Insights of Zax
Zax has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in October 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 1
- Last Round Series A — $6.0M
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First Round
First Round
(05 Oct 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - Zax | Valuation | ATLANTICO |
| 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 Zax
Zax has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Canary, FJ Labs and ATLANTICO. 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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Venture capital firm focused on marketplaces, gaming, web3, fintech, and multiple sectors
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Founded Year | Domain | Location | |
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Caravela Capital is engaged in funding early-stage innovative companies.
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Founded Year | Domain | Location | |
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Provides banking services, accounts, loans, investments, and digital platforms to customers.
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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 Zax
| 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 - Zax
| 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 |
Zax Comparisons
Competitors of Zax
Zax 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 Faire, Inventa, Dolado, Gaveteiro and Gonddo, 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 products are supplied to retailers through a B2B marketplace.
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| domain | founded_year | HQ Location |
Multi-category products are facilitated via an online marketplace.
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| domain | founded_year | HQ Location |
Multi-category products for enterprises are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Operates an online marketplace for multi-category B2B products.
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| domain | founded_year | HQ Location |
Online B2B marketplace is utilized by retailers for wholesale trading.
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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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Latest news on Zax
Frequently Asked Questions about Zax
When was Zax founded?
Zax was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Zax located?
Zax is headquartered in Sao Paulo, Brazil.
Is Zax a funded company?
Zax is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Oct 05, 2021.
What does Zax do?
Zax was founded in 2019 and is headquartered in Sao Paulo, Brazil. An online marketplace is operated, featuring categories such as footwear, watches, fashion accessories, apparel, and beauty products. A mobile application is provided for Android and iOS devices, enabling users to search, purchase, and resell items. The platform functions within the e-commerce sector, focusing on multi-vendor transactions across diverse product lines.
What products or services does Zax offer?
Zax offers Clothing Platform, Accessories Collection, and App for Shopping.
Who are Zax's investors?
Zax has 4 investors. Key investors include Canary, FJ Labs, ATLANTICO, and Caravela Capital.