Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise

Just five months after raising $90 million, Brazil’s Nuvemshop announced today it has raised $500 million in a round co-led by Insight Partners and Tiger Global Management. The financing values Nuvemshop — which some say is Latin America’s answer to Shopify — at $3.1 billion, and brings the São Paulo-based startup’s total funding in the … Continue reading Brazil’s Nuvemshop raises $500M at a $3.1B valuation months after last raise