Olist operates an online e-commerce site for sellers, that connects merchants and their products to the main marketplaces of Brazil.

Olist's technology enables small merchants to gain market share across the country through a SaaS licensing model to small brick and mortar businesses.

Olist was founded in 2015 by Tiago Dalvi. The company is headquartered in Curitiba, Parana, Brazil.

 

Olist's flagship product Olist Store, gives merchants a way to manage product listings, logistics and store payments. It also offers “a unique sales experience” through channels such as Mercado Livre, B2W and Via Varejo.

 

Olist launched a new product, Olist Shops, giving users the ability to create a virtual showcase “in less than 3 minutes” that also offers payment checkout tools and integration with logistics operators. 

 

Olist has attracted more than 200,000 users in 180 countries. The company has over 45,000 shopkeepers and retailers as clients. Olist has acquired Clickspace, PAX, VNDA and Tiny ERP.

 

Olist is backed by Wellington Management, SoftBank, Goldman Sachs Asset Management, Redpoint eventures, Valor Capital Group, FJ Labs, Corton Capital, Globo Ventures, and others. The company raised $186M in Series E round on Dec 15, 2021. This brings Olist's total funding to $322.5M to date. The latest round mints Olist a unicorn with a valuation of $1.5B post-money.

 

 

  • Year founded: 2015
  • Funding Info: $322.5M over 8 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $1.5B as of Dec 15, 2021
  • City/Town: Curitiba
  • State: Paran
  • Country: Brazil
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