| Founded | 2000 |
|---|---|
| Closed | 2023 |
| Country | Brazil |
| Sector | Saas |
| Collapse type | Zombie Startup |
Vtex
"The Brazilian e-commerce platform that IPO'd at 3.5B in 2021 and traded at 90% below IPO by 2023 as post-ZIRP multiples collapsed."
Technically alive but effectively dead, burning cash
Key Events Timeline
VTEX was a legitimate B2B e-commerce platform serving enterprise brands in Latin America.
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