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Softbank led a $58m Series D round in olist.

Synopsis

Softbank, a holding company focused on artificial intelligence, led a $58m Series D round in list, an ecommerce platform. Additional investors included Valor Capital, Peninsula, VELT Partners, FJ Labs, and Kevin Efrusy. “We are thrilled to announce our Series D funding round and excited to have the backing of strong investors who believe in our vision. In the first half of this year, olist experienced record growth within our core business from an increase in our customer base through the integration of our evolving products into new marketplaces. As we accelerate growth, we aim to offer an increasingly complete ecosystem and deliver the best experience for our client’s as we strive to empower them further," Tiago Dalvi, olist Founder and CEO.

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