Smarthint Tecnologia Ltda.
Latest round
- Seed
Last raised
- May 2019
Total raised
- Undisclosed
Investors
- 1
About Smarthint Tecnologia Ltda.
Smarthint Tecnologia Ltda.Founded in 2017, Smarthint Tecnologia Ltda. is based in Curitiba, Brazil, and focuses on developing e-commerce tools for online retailers. The company has completed three deals, with the most recent occurring on April 7, 2021, when it was acquired by Magazine Luiza S/A. Marlon Korzune, the founder, has a background in technology entrepreneurship, contributing valuable insight to the company’s operations.SmartHint primarily offers a suite of e-commerce solutions designed to enhance the online shopping experience for both retailers and consumers. Their core product is a recommendation engine that uses advanced algorithms to provide personalized product suggestions based on user behavior and preferences. This service aims to increase conversion rates and average order values for online stores by tailoring the shopping journey to individual customers. SmartHint's offerings are targeted at businesses operating in various sectors, including fashion, electronics, and home decor, across key markets such as Brazil, the United States, and select European countries.SmartHint generates revenue primarily through subscription-based models, enabling e-commerce businesses to access their suite of tools and services. Clients pay a monthly fee that grants them access to the recommendation engine and additional analytics features, which are integral to improving their online sales performance. The transaction structure typically involves agreements with retailers who implement SmartHint's solutions directly on their platforms. This approach allows businesses to benefit from enhanced product visibility and customer retention strategies.Following its acquisition by Magazine Luiza S/A in April 2021, Smarthint Tecnologia Ltda. is set to leverage increased resources for product development and market expansion. The company plans to introduce new features to its recommendation engine and enhance analytics capabilities by mid-2022. Additionally, it aims to expand into new geographic regions, including Latin America and Europe, with a targeted rollout by the end of 2023.
Who invested in Smarthint Tecnologia Ltda.
1 investor across 2 rounds
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Questions about Smarthint Tecnologia Ltda.
Who invested in Smarthint Tecnologia Ltda.?
Smarthint Tecnologia Ltda. has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Smarthint Tecnologia Ltda. raised?
Smarthint Tecnologia Ltda. has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Smarthint Tecnologia Ltda. last raise money?
Smarthint Tecnologia Ltda.'s most recent round on record is a Seed, in May 2019.
What does Smarthint Tecnologia Ltda. do?
Smarthint Tecnologia Ltda. is a internet company.
Where is Smarthint Tecnologia Ltda. headquartered?
Smarthint Tecnologia Ltda. is headquartered in Curitiba, Brazil.
Which VCs invest in companies like Smarthint Tecnologia Ltda.?
Among active investors with capital left to deploy, Crescera Capital, Apex Group, Kaszek Ventures and dao5 back internet companies at Smarthint Tecnologia Ltda.'s stage. Their profiles are linked below.
VCs backing internet startups at Seed
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