# Olist Servicos Digitais Ltda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/olist-servicos-digitais-ltda

- Industry: Internet
- Headquarters: Curitiba, Brazil
- Website: www.olist.com
- Total disclosed funding: $319M
- Latest round: Series E (Oct 15, 2021)
- Investors on record: 19

## About

Based in Curitiba, Brazil, and founded in 2015 by Tiago Dalvi, Olist Servicos Digitais Ltda a.k.a Olist operates as an online e-commerce site aggregation platform designed to facilitate direct sales on e-commerce sites. The company's platform connects entrepreneurs with major online retailers and allows shopkeepers to advertise and sell in the marketplaces without complication, enabling retail companies to reach out to the international marketplaces, improve the shopping experience and modify their purchasing behavior. In April 2021, the company received Series D funding led by new investor Goldman Sachs Asset Management that bringing its total Series D financing to USD 80 million. Olist has now raised more than USD 126 million since its inception. This Series D round is reportedly its last before the company plans to go public.

Olist through its platform provides all the tools for merchants, retailers, and brands to create, quickly and easily, an e-commerce operation, from setting up a product catalog to managing logistics, payment processing, and reconciliation. The company allows merchants to manage product listings, reputation, logistics, and payments, offering a unique sales experience in channels such as Mercado Livre, B2W, and Via Varejo. Olist connects small businesses to larger product marketplaces to help entrepreneurs sell their products to a larger customer base.

Olist plans to use the funds to further boost its accelerated growth strategy, which includes investments in technology and products, the search for new acquisitions, and internationalization, aiming at building a differentiated ecosystem for e-commerce.

## Funding rounds

- Series E, Oct 15, 2021, $186M — Wellington Management, Goldman Sachs Asset Management, SoftBank Group, Valor Capital Group, Hedosophia, Globo Ventures, Corton Capital, Citrino Gestão de Recursos, Upload Ventures
- Series D, Apr 15, 2021, $23M — Goldman Sachs Asset Management, Redpoint eVentures
- Series D, Nov 19, 2020, $58M — Valor Capital Group, FJ Labs, Softbank Latin America Ventures, Península Participações, VELT Partners
- Series C, Oct 23, 2019, $47M — Valor Capital Group, Redpoint eVentures, Softbank Latin America Ventures
- Series B, Mar 14, 2018, $5M — Valor Capital Group, Endeavor Catalyst, FJ Labs, Redpoint eVentures
- Series A, Aug 1, 2016 — 500 Global, Redpoint eVentures
- Seed, Feb 1, 2015, $0.8M — 500 Global, DeNA, Unreasonable Capital, Redpoint eVentures
- Seed, Jul 15, 2014 — Polaris Investimentos

## Investors

- Polaris Investimentos (https://capitalatlas.ai/funds/polaris-investimentos) — Seed
- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed, Series A
- DeNA — Seed
- Unreasonable Capital (https://capitalatlas.ai/funds/unreasonable-capital) — Seed
- Redpoint eVentures (https://capitalatlas.ai/funds/redpoint-eventures) — Seed, Series A, Series B, Series C, Series D
- Valor Capital Group (https://capitalatlas.ai/funds/valor-capital-group) — Series B, Series C, Series D, Series E
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series B
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series B, Series D
- Softbank Latin America Ventures (https://capitalatlas.ai/funds/softbank-latin-america-ventures) — Series C, Series D
- Península Participações — Series D
- VELT Partners — Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D, Series E
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series E
- SoftBank Group — Series E
- Hedosophia (https://capitalatlas.ai/funds/hedosophia) — Series E
- Globo Ventures (https://capitalatlas.ai/funds/globo-ventures) — Series E
- Corton Capital (https://capitalatlas.ai/funds/corton-capital) — Series E
- Citrino Gestão de Recursos — Series E
- Upload Ventures — Series E