Submarino - About the company
Submarino is an acquired company based in Rio de Janeiro (Brazil), founded in 1999 by Aquilino Pena and Antonio Bonchristiano. It operates as an Online retail platform offering multi-category products. Submarino has raised $106M in funding. The company has 125 active competitors, including 8 that have exited. Its top competitors include companies like Amazon, MercadoLibre and Americanas.
Company Details
Online retail platform offering multi-category products. The product catalog includes fashion, electronics, beauty, books, sports, health & supplements, and more from various brands.
- Website
- submarino.com.br
- Email ID
- *****@submarino.com.br
- Part Of
- b2wdigital.com
Key Metrics
Founded Year
1999
Location
Rio de Janeiro, Brazil
Stage
Acquired
Total Funding
$106M in 4 rounds
Latest Funding Round
Investors
Ranked
3rd among 125 active competitors
Similar Companies
Exit Details
Acquired by Americanas (Nov 23, 2006)
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Submarino's acquisition details
Submarino got acquired by Americanas on Nov 23, 2006.
Click here to take a look at Submarino's acquisition in detail
Submarino's funding and investors
Submarino has raised a total funding of $106M over 4 rounds. Its first funding round was on 1999. Its latest funding round was a Series C round on 2001 for $20M. 1 investor participated in its latest round, which include Goldman Sachs, KKR, Warburg Pincus and GP Investments.
Submarino has 8 institutional investors including Goldman Sachs, KKR and Warburg Pincus.
Here is the list of recent funding rounds of Submarino:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
2001 | $20M | Series C | 5204 | 9008 | |
Feb 09, 2000 | $71.3M | Series B | 4667320 | 5752347 | |
Nov 1999 | $14.3M | Series A | 4908084 | 4489030 |
View details of Submarino's funding rounds and investors
Submarino's founders and board of directors
Founder? Claim ProfileThe founders of Submarino are Aquilino Pena and Antonio Bonchristiano. Aquilino Pena has founded 2 more companies - Submarino and Kibo Ventures. Antonio Bonchristiano has founded 1 more company - Akad Seguros.
View details of Submarino's Founder profiles and Board Members
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Submarino's Competitors and alternates
Top competitors of Submarino include Amazon, MercadoLibre and Americanas. Here is the list of Top 10 competitors of Submarino, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
---|---|---|---|---|---|
1st | Amazon 1994, Seattle (United States), Public | Online marketplace offering multi-category products | $8M | 81/100 | |
2nd | MercadoLibre 1999, Buenos Aires (Argentina), Public | Online marketplace offering multi-category consumer products | - | 80/100 | |
3rd | Online retail platform offering multi-category products | $106M | 57/100 | ||
4th | Americanas 1999, Rio de Janeiro (Brazil), Unfunded | Online marketplace offering multi-category products | - | - | 55/100 |
5th | Online marketplace for buying and selling handicraft products | $18M | 51/100 | ||
6th | Online marketplace for multiple product categories | - | 46/100 | ||
7th | soulojista 2018, Blumenau (Brazil), Unfunded | Online retailer offering multi-category products | - | - | 35/100 |
8th | Cnova 2011, Amsterdam (Netherlands), Acquired | Group eCommerce company | - | - | 34/100 |
9th | Online retailer offering multi-category products | - | - | 31/100 | |
10th | Online retailer offering multi-category products | - | - | 29/100 |
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Submarino's Investments and acquisitions
Submarino has made no investments or acquisitions yet.
Reports related to Submarino
Here is the latest report on Submarino's sector:
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