When was Nuvemshop founded?

Nuvemshop was founded in 2011 and became a unicorn in 2021, reaching the milestone in 10 years. It raised its 1st funding round 4 years after its incorporation.

Where is Nuvemshop located?

Nuvemshop is headquartered in Sao Paulo, Brazil.

Who is the current CEO of Nuvemshop?

Santiago Sosa of Nuvemshop. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Nuvemshop have?

As of Aug 31, 2026, the latest employee count at Nuvemshop is 1069.

Is Nuvemshop a funded company?

Nuvemshop is a funded company, having raised a total of $632M across 5 funding rounds to date. The company's 1st funding round was a $5M Series A round, raised on Oct 21, 2015.

How much is Nuvemshop worth?

The latest valuation of Nuvemshop is $3.1B as of Aug 17, 2021.

When was the latest funding round of Nuvemshop?

Nuvemshop's latest funding was a $500M Series E round on Aug 17, 2021, with participation from 11 investors. Its primary sector is E-Commerce Enablers. Globally, the E-Commerce Enablers sector has seen $2.04B in funding in 2026 to date.

Is Nuvemshop a E-Commerce Enablers company?

The primary sectors of Nuvemshop are E-Commerce Enablers and B2B E-Commerce.

Where does Nuvemshop rank among its competitors?

Nuvemshop ranks 11th amongst 2335 active competitors, of which 224 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Cart.com, which secured $180M in Mar, 2026.

Who are the top competitors of Nuvemshop?

Nuvemshop's top competitors include Shopify, Squarespace and Weebly. Among them, Cart.com secured the most recent funding round in March, 2026.

Nuvemshop - 2026 Company Profile, Team, Funding & Competitors

Sectors and market segments that Nuvemshop operate in

Nuvemshop serves in the Retail market segments.The primary business model of Nuvemshop are:

Company Details

Nuvemshop (also known as Tiendanube in Spanish-speaking countries) is a SaaS-based e-commerce platform provider for businesses of all sizes across Latin America. The company offers a complete ecosystem of solutions that enables merchants to build, manage, and scale their online and omnichannel sales operations. It include a customizable online store builder, integrated proprietary payment processing (Nuvem Pago/Pago Nube), shipping logistics management (Nuvem Envio), and an extensive app store for connecting marketing, sales, and management tools.

Website: www.nuvemshop.com.br/
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Email ID: *****@nuvemshop.com.br
Part Of

Key Metrics

Founded Year

2011

Location

Sao Paulo, Brazil

Stage

Series E

Total Funding

$632M in 5 rounds

Latest Funding Round

Series E, Aug 17, 2021, $500M

Post Money Valuation

$3.1B as on Aug 17, 2021

Investors

Kaszek & 26 more

Ranked

11^th among 2335 active competitors

Employee Count

1,069 as on Aug 31, 2026

Investment & Acquisitions

VICI & 2 more

Similar Companies

Weebly & 1296 more

View Nuvemshop's full profile

Nuvemshop has raised a total funding of $632M over 5 rounds. Its first funding round was on Oct 21, 2015. Its latest funding round was a Series E round on Aug 17, 2021 for $500M. 11 investors participated in its latest round. Nuvemshop has 20 institutional investors and 7 angel investors.

Here is the list of recent funding rounds of Nuvemshop:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 17, 2021	$500M	Series E	$3.1B	-	Insight Partners, Tiger Global Management	Alkeon Capital Management, Owl Rock, Advent International, Accel, Kaszek, VMG Partners, Qualcomm Ventures, ThornTree Capital Partners, Kevin Efrusy
Mar 22, 2021	$90M	Series D	-	-	Accel	ThornTree Capital Partners, Kaszek, Qualcomm Ventures, Mike Micucci, Mark Lenhard, Jamie Sutton, Mark Lavelle, Kevin McKeand, Minesh Shah
Oct 13, 2020	$30M	Series C	-	-	Kaszek, Qualcomm	FJ Labs, Elevar Equity, IGNIA, Kevin Efrusy

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View details of Nuvemshop's funding rounds and investors

The founders of Nuvemshop are Santiago Sosa, Martin Palombo, Jose Abuchaem, Alejandro Vazquez and Alejandro Alfonso. Santiago Sosa is the CEO of Nuvemshop.

Here are the details of Nuvemshop's key team members:

Santiago Sosa: Co-Founder & CEO of Nuvemshop. They are also an angel investor in 1 startup.
Martin Palombo: Co-Founder & CPO of Nuvemshop.
Jose Abuchaem: Former Co-Founder of Nuvemshop.
Alejandro Vazquez: Co-Founder of Nuvemshop.
Alejandro Alfonso: Co-Founder of Nuvemshop.

View details of Nuvemshop's Founder profiles and Board Members

Nuvemshop's employee count trend

Nuvemshop has 1,069 employees as of Aug 26. Here is Nuvemshop's employee count trend over the years:

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Top competitors of Nuvemshop include Shopify, Squarespace and Weebly. Here is the list of Top 10 competitors of Nuvemshop, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shopify 2006, Ottawa (Canada), Public	Provider of an all-in-one commerce platform for businesses of all sizes	$122M	Georgian, OMERS & 19 others	88/100
2nd	Squarespace 2003, United States, Acquired	Provider of tools for website creation, hosting, and online business	$591M	General Atlantic, T. Rowe Price & 21 others	81/100
3rd	Weebly 2007, San Francisco (United States), Acquired	Provider of tools for website creation, e-commerce, and marketing	$39.8M	Sequoia Capital, Tencent & 26 others	74/100
4th	aCommerce 2013, Bangkok (Thailand), Series C	Provider of end-to-end e-commerce solutions, encompassing management and business insights	$119M	Emerald Media, Sinar Mas & 17 others	73/100
5th	Fynd 2012, Mumbai (India), Acquired	Platform powering online and in-store retail operations using AI-driven tools	$16M	Kae Capital, Kalysta Capital & 92 others	72/100
6th	AnyMind Group 2016, Minato (Japan), Public	Provider of e-commerce, marketing, and manufacturing platforms	$91.7M	Nomura, JP Investment & 15 others	72/100
7th	CommerceIQ 2012, Mountain View (United States), Series D	Provider of unified AI platform for retail ecommerce sales and optimization	$196M	SoftBank Vision Fund, Shasta Ventures & 6 others	71/100
8th	WooCommerce 2008, Cape Town (South Africa), Acquired	Developer of an open-source platform for customizable ecommerce solutions	-	TeamX	69/100
9th	Cart.com 2020, Houston (United States), Series D	Provider of unified commerce and logistics solutions for business growth	$735M	Trinity Capital, B. Riley Financial & 49 others	69/100
10th	Bumpa 2020, Lekki (Nigeria), Seed	Provider of suite solution for businesses	$4.2M	Base10 Partners, Whogohost & 19 others	69/100
11th	Nuvemshop 2011, Sao Paulo (Brazil), Series E	Nuvemshop (also known as Tiendanube in Spanish-speaking countries) is a SaaS-based e-commerce platform provider for businesses of all sizes across Latin America	$632M	Harmony Partners, Owl Rock & 25 others	69/100

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Nuvemshop has acquired 3 companies including VICI, Perfit Email Marketing and Mandae. Nuvemshop has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jun 10, 2025	Acquisition	VICI	2021	Buenos Aires (Argentina)
Dec 05, 2023	Acquisition	Perfit Email Marketing	2009	Buenos Aires (Argentina)
Oct 01, 2021	Acquisition	Mandae	2013	Sao Paulo (Brazil)