News

VTEX Raises $225M Series D Financing

September 30, 2020Client News

Gunderson Dettmer represented client VTEX, the world’s first and only fully integrated commerce-marketplace-OMS platform, in its $225 million Series D financing. The new funding brings the company’s valuation to $1.7 billion.

In the announcement of the transaction co-founder and CEO of VTEX Mariano Gomide de Faria said, “We are excited to grow quickly in new and existing markets, and offer even more brands a platform that embraces the future of commerce, which is about being collaborative, leveraging marketplaces, and delivering customer experiences that are second-to-none. This injection of funding will undoubtedly support us in achieving our mission to accelerate digital commerce transformation around the world.”

The Gunderson deal team was led by Adan Muller and included Mark Foster, Hilary Adams, Luiz Bihari and Tyler Mann.