Submarino
Latest round
- Series C
Last raised
- Feb 2001
Total raised
- $91M
Investors
- 9
About Submarino
Submarino, founded in 1999 in Sao Paulo, Brazil, is an e-commerce company that operates primarily online. It became a significant player in the Brazilian market with diverse offerings catering to a broad customer base.Submarino, now known as Americanas, offers an extensive online retail platform featuring electronics, fashion, beauty products, and home appliances.Submarino generates revenue through direct sales and partnerships with third-party sellers on its platform, creating a diverse revenue pipeline. The company's marketplace model includes fees for listings and transactions. The company is looking to expand into new regions in Brazil to capture a larger customer base as e-commerce continues to grow rapidly. The investment will support these initiatives and facilitate the introduction of innovative features designed to improve the shopping experience.
Who invested in Submarino
9 investors across 2 rounds
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Questions about Submarino
Who invested in Submarino?
Submarino has 9 investors 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 Submarino raised?
Submarino has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Submarino last raise money?
Submarino's most recent round on record is a Series C, in Feb 2001.
What does Submarino do?
Submarino, founded in 1999 in Sao Paulo, Brazil, is an e-commerce company that operates primarily online.
Where is Submarino headquartered?
Submarino is headquartered in Sao Paulo, Brazil.
Which VCs invest in companies like Submarino?
Among active investors with capital left to deploy, Crescera Capital, Apex Group, Kaszek Ventures and TMF Group back retail companies at Submarino's stage. Their profiles are linked below.
VCs backing retail startups at Series C
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