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Hotmart - About the company

Hotmart is a series C company based in Amsterdam (Netherlands), founded in 2011 by Joao Pedro Resende and Mateus Bicalho. It operates as a Cloud-based eCommerce solution that enables merchants to sell digital products. Hotmart has raised $130M in funding from investors like General Atlantic, TCV and Buscapé, with a current valuation of $1B. The company has 1026 active competitors, including 69 funded and 36 that have exited. Its top competitors include companies like Gumroad, Whop and Kajabi.

Sectors and market segments that Hotmart operate in

Hotmart serves in the EdTech, Retail market segments.The primary business model of Hotmart are:

Company Details

Hotmart is a cloud-based eCommerce solution that enables merchants to sell digital products. The company offers features like product and content management, email marketing, affiliate marketing, payment via Hotpay, PCI Compliance and CSE Security, analytics reports, and more. It also helps affiliates to earn commission by marketing and selling content through private blogs, websites, and other mediums.
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Key Metrics
Founded Year
2011
Location
Amsterdam, Netherlands
Stage
Series C
Total Funding
$130M in 4 rounds
Latest Funding Round
Post Money Valuation
$1B as on Mar 30, 2021
Ranked
Employee Count
12,478 as on Feb 28, 2026
Investment & Acquisitions
Similar Companies
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Hotmart's funding and investors

Hotmart has raised a total funding of $130M over 4 rounds. Its first funding round was on Aug 01, 2011. Its latest funding round was a Series C round on Mar 30, 2021 for $130M. 2 investors participated in its latest round. Hotmart has 7 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Hotmart:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 30, 2021
$130M
Series C
$1B
-
Jul 17, 2019
Undisclosed
Series A
-
-
2013
Undisclosed
Angel
-
-
-
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Hotmart's founders and board of directors

Founder? Claim Profile
The founders of Hotmart are Joao Pedro Resende and Mateus Bicalho.
Here are the details of Hotmart's key team members:

Hotmart's employee count trend

Hotmart has 12,478 employees as of Feb 26. Here is Hotmart's employee count trend over the years:
Employee count trend for Hotmart
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Hotmart's Competitors and alternates

Top competitors of Hotmart include Gumroad, Whop and Kajabi. Here is the list of Top 10 competitors of Hotmart, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hotmart
Hotmart
2011, Amsterdam (Netherlands), Series C
Cloud-based eCommerce solution that enables merchants to sell digital products
$130M
75/100
2nd
Logo for Gumroad
Gumroad
2011, San Francisco (United States), Series A
Provider of digital commerce tools for selling online creative content
$16.2M
74/100
3rd
Logo for Whop
Whop
2021, Brooklyn (United States), Series C
Digital platform that provides tools for building and managing online businesses
$217M
73/100
4th
Logo for Kajabi
Kajabi
2010, Irvine (United States), Series A
Provider of a platform for creating and selling digital products
$550M
70/100
5th
Logo for Thinkific
Thinkific
2012, Vancouver (Canada), Public
Provider of online academy builder
$25M
70/100
6th
Logo for Teachable
Teachable
2013, New York City (United States), Acquired
Provider of software for hosting online courses and digital products
$15.2M
68/100
7th
Logo for AppX
AppX
2020, Noida (India), Seed
Provider of platform enabling creators to build websites and mobile applications
$1.42M
60/100
8th
Logo for Cosmofeed
Cosmofeed
2021, Bengaluru (India), Seed
Provider of platform enabling creators to build, launch, grow, and monetise content
$2.32M
60/100
9th
Logo for Nas.io
Nas.io
2019, New York City (United States), Series A
Platform offering AI-powered online business creation
$23M
59/100
10th
Logo for CYPHER LEARNING
CYPHER LEARNING
2015, Plano (United States), Late Stage
Provider of cloud and app-based learning management system for schools and corporates
$40M
57/100
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Hotmart's Investments and acquisitions

Hotmart has made 1 investments in companies including Warren. Hotmart has also acquired 3 companies including Reshape and eNotas.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 02, 2024
Acquisition
2018
Belo Horizonte (Brazil)
Jul 05, 2022
Acquisition
2012
Belo Horizonte (Brazil)
Apr 28, 2021
Investments
2014
Porto Alegre (Brazil)
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Reports related to Hotmart

Here is the latest report on Hotmart's sector:

News related to Hotmart

lockFilter this list
Media has covered Hotmart for 1 event in last 1 year, It was about partnerships.
•
Hotmart’s Acquisition of ReshapeGlobal Legal Chronicle•Feb 02, 2024•Lacerda Diniz Sena, Hotmart, Reshape
•
Hotmart buys eNotes to expand servicesFusoes & Aquisicoes•Jul 05, 2022•Hotmart, eNotes
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FAQs about Hotmart

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