Insight Partners and Tiger Global led a $500m Series E funding round in Nuvemshop.

Private equity firms Insight Partners and Tiger Global led a $500m Series E funding round in Nuvemshop, a Brazilian e-commerce platform. Other investors include Alkeon, Owl Rock, Sunley House Capital, VMG Partners, Accel, Kaszek, Kevin Efrusy, Qualcomm Ventures, and ThornTree Capital. "With 650m consumers, Latin America is not only a huge market, but it is the fastest growing e-commerce market in the world. By offering its powerful and easy-to-use platform, built and tailored specifically for Latin America, Nuvemshop is uniquely poised to continue to lead the region's digital transformation. We're thrilled to be part of its next chapter of incredible growth," Matt Gatto, Insight Partners Managing Director.