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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.
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Email ID
*****@submarino.com.br
Key Metrics
Founded Year
1999
Location
Rio de Janeiro, Brazil
Stage
Acquired
Total Funding
$106M in 4 rounds
Latest Funding Round
Ranked
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.
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Submarino's funding and investors

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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
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Submarino's founders and board of directors

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The 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.
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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:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Amazon
Amazon
1994, Seattle (United States), Public
Online marketplace offering multi-category products
$8M
81/100
2nd
Logo for MercadoLibre
MercadoLibre
1999, Buenos Aires (Argentina), Public
Online marketplace offering multi-category consumer products
-
80/100
3rd
Logo for Submarino
Submarino
1999, Rio de Janeiro (Brazil), Acquired
Online retail platform offering multi-category products
$106M
57/100
4th
Logo for Americanas
Americanas
1999, Rio de Janeiro (Brazil), Unfunded
Online marketplace offering multi-category products
-
-
55/100
5th
Logo for Elo7
Elo7
2008, Sao Paulo (Brazil), Acquired
Online marketplace for buying and selling handicraft products
$18M
51/100
6th
Logo for Shoptime
Shoptime
1995, Rio de Janeiro (Brazil), Funding Raised
Online marketplace for multiple product categories
-
46/100
7th
Logo for soulojista
soulojista
2018, Blumenau (Brazil), Unfunded
Online retailer offering multi-category products
-
-
35/100
8th
Logo for Cnova
Cnova
2011, Amsterdam (Netherlands), Acquired
Group eCommerce company
-
-
34/100
9th
Logo for Tectoy
Tectoy
1987, Sao Paulo (Brazil), Public
Online retailer offering multi-category products
-
-
31/100
10th
Logo for Lindazi
Lindazi
2017, Duque de Caxias (Brazil), Unfunded
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:

News related to Submarino

LOUD forms ecommerce partnership with SubmarinoEsports InsiderJul 08, 2021Submarino, LOUD
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FAQ's about Submarino

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