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Nuvemshop receives US$500 million in funding to become new Brazilian unicorn

RIO DE JANEIRO, BRAZIL - Nuvemshop is the leading e-commerce platform in Latin America. With more than 90,000 active stores, it integrates products, payments, and shipping with different sales channels such as Facebook, Instagram, marketplaces, and physical stores.

The Buenos Aires-born but São Paulo-based company has received US$500 million (R$2.6 billion) in a funding round led by Insight Partners and Tiger Global Management.

With this investment, the startup becomes another Brazilian unicorn. Put another way, Nuvemshop is the first binational unicorn in Latin America having roots in Argentina and Brazil.

The company's . . .

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