Announced
Completed
Financials
Tags
digital enablement
internet
Private Equity
Minority
cloud-based platform
Digital Services
Acquisition
Netherlands
Domestic
Friendly
Completed
Venture Capital
Private
Synopsis
Technology Crossover Ventures, a provider of capital to growth-stage private and public companies, led a $130m series C round in Hotmart, a global cloud-based platform. Alkeon Capital and existing shareholders, including Koolen & Partners, General Atlantic, GIC and Accomplice also participated in the round. “Hotmart is at the forefront of the passion economy, helping creators go beyond content monetization and actually building an online business. By providing the tools for creators to leverage their knowledge, we are fueling a new model of internet-powered entrepreneurship," João Pedro Resende, Hotmart CEO and Co-founder.
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