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A consortium of investors led a $225m Series D round in VTEX.

Synopsis

Market technology investors Tiger Global Management, Lone Pine Capital, Constellation Asset Management, Endeavor Catalyst and SoftBank Group led a $225m Series D round in VTEX, a cloud-based eCommerce platform that offers online retailers a centralized platform. “The pandemic is challenging brands in unprecedented ways, and this funding will help us bring our collaborative commerce platform to more brands so they can achieve rapid time-to-revenue despite the challenges they face now and in the future. It’s exciting to see both B2B and B2C sellers across the globe finding success with collaborative commerce in ways they didn’t think possible,” Amit Shah, VTEX Chief Strategy Officer and US General Manager.

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