Itaro
Latest round
- Series B
Last raised
- Nov 2015
Total raised
- $8M
Investors
- 12
About Itaro
Founded in 2012 and headquartered in Sao Paulo, Brazil, Itaro specializes in tire production for automotive applications. The company has undertaken strategic initiatives since its inception, including a recent acquisition by PneuStore in April 2017. Itaro was founded by a team with previous experience in the automotive sector, though specific founder details are not available.Itaro Pneus specializes in the production of a diverse range of high-quality tires designed for various automotive applications, particularly focusing on passenger and SUV vehicles. The company's primary offerings include three flagship tire models: the IT101, IT203, and IT301, each engineered to address unique driving needs. The IT101 is characterized by its symmetrical tread design, which enhances water evacuation to reduce aquaplaning, making it ideal for safety and comfort in SUVs. The IT203 emphasizes cost-effectiveness and durability, featuring technology that improves fuel efficiency and traction on wet surfaces. In contrast, the IT301 targets the performance segment, utilizing silica compounds for enhanced traction and maneuverability in both dry and wet conditions.The revenue model for Itaro Pneus is built around direct sales to consumers and partnerships with retail outlets and wholesalers. The company engages in B2B transactions by supplying its products to automotive retailers and e-commerce platforms, such as Pneustore, its exclusive partner. Customers purchase tires individually, with a focus on flagship models like the IT101, IT203, and IT301, each designed for specific consumer needs and preferences. Transaction structures typically involve one-time purchases through retail channels, where pricing is set to reflect the quality and performance features of each tire model.Itaro is focused on expanding its product line and market reach in the coming years. The company is in the process of developing new tire models tailored to emerging driving needs. Additionally, Itaro plans to expand into international markets, targeting specific regions in South America by 2025.
Who invested in Itaro
12 investors across 4 rounds
See all investors in Itaro
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Itaro
Who invested in Itaro?
Itaro has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Itaro raised?
Itaro has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Itaro last raise money?
Itaro's most recent round on record is a Series B, in Nov 2015.
What does Itaro do?
Founded in 2012 and headquartered in Sao Paulo, Brazil, Itaro specializes in tire production for automotive applications.
Where is Itaro headquartered?
Itaro is headquartered in Sao Paulo, Brazil.
Which VCs invest in companies like Itaro?
Among active investors with capital left to deploy, Crescera Capital, Kaszek Ventures, Anti Fund and Kinea Investments back retail companies at Itaro's stage. Their profiles are linked below.
VCs backing retail startups at Series B
Raising like Itaro? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.