Radar Landscapes Retail Landscape of Brazil
Retail industry in Brazil — illustrated cover for the Retail Landscape of Brazil
Radar · Industry landscape · Brazil

Retail Landscape of Brazil

2,092 Retail companies in Brazil, in one picture: who is hiring, who is raising money, who founded them, where they are based and what the news is about. Updated August 2026.

2,092companies tracked
$3Bdisclosed funding
85hiring right now
226events · 24 months
435,716news articles · 12 months

Who leads Retail in Brazil

Shows 2,092 retail firms in Brazil, highlighting the companies currently hiring, those with recent funding rounds, and the top‑funded firms such as Nuvemshop, Facily and Olist.

open roles
Hiring now
ranked by live open roles
  1. 01Molde.me6last posted May 2026
  2. 02Cadiveu5last posted May 2026
  3. 03Pradosupermercados4last posted Jan 2026
  4. 04METRO BRAZIL3last posted Jun 2026
  5. 05HR Tech3last posted Jun 2026
  6. 06BEYOUNG3last posted Dec 2025
  7. 07Cremme3last posted May 2026
  8. 08Mr Cat3last posted Apr 2026
85 companies hiring · 0 posted in the last 30 days
disclosed funding
Most funded
disclosed totals, all rounds
  1. 01Nuvemshop$632MSeries E · Aug 2021
  2. 02Facily$501MSeries D · Dec 2021
  3. 03Olist$314.4MSeries E · Dec 2021
  4. 04MadeiraMadeira$300MSeries D · Jan 2021
  5. 05Dafiti$260.8MSeries D · Jan 2014
  6. 06Submarino$105.6MSeries C · Jan 2001
  7. 07Inventa$80.5MSeries B · Apr 2022
  8. 08Cayena$76MSeries B · Sep 2024
136 companies with disclosed rounds · $3B total
revenue
Revenue leaders
official filings first, else latest snapshot
  1. 01Magazine Luiza$1.4MFY2025 filing
  2. 02Cia. Hering$575kFY2010 filing
  3. 03Lojas Renner$473kFY2025 filing
  4. 04enjoei$9kFY2026 filing
4 companies with a revenue figure
headcount
Largest teams
ranked by tracked headcount
  1. 01Magazine Luiza37,678tracked employees
  2. 02Lojas Renner26,233tracked employees
  3. 03Marisa15,412tracked employees
  4. 04pernambucanas14,000tracked employees
  5. 05vulcabras azaleia14,000tracked employees
  6. 06Cobasi6,000tracked employees
  7. 07Cia. Hering5,353tracked employees
  8. 08tok & stok3,014tracked employees
62 companies with headcount data
share of events
Share of voice
share of all tracked sector news events, 24 months
  1. 01EBANX18.9%42 tracked events
  2. 02Americanas13.1%29 tracked events
  3. 03Magazine Luiza9.5%21 tracked events
  4. 04C&A7.2%16 tracked events
  5. 05Casas Bahia5.4%12 tracked events
  6. 06Linx4.5%10 tracked events
  7. 07Petz4.1%9 tracked events
  8. 08riot3.6%8 tracked events
222 tracked events across 41 companies
articles
In the news
Prism news coverage, last 12 months
  1. 01Estrela150articles in the window
  2. 02Amaro129articles in the window
  3. 03EBANX84articles in the window
  4. 04Magazine Luiza54articles in the window
  5. 05Méliuz51articles in the window
  6. 06Marisa33articles in the window
  7. 07C&A30articles in the window
  8. 08Lojas Renner21articles in the window
28 of these companies drew sector coverage in the window
Radar

See all 2,092 Retail companies in Brazil

Filter by funding, headcount, hiring and location, and export the list.

How the Retail ecosystem in Brazil grew, 2016–2025

Displays the number of retail startups founded each year from 2016 to 2025, with the highest count of 153 in 2020 and only 7 in 2025.

Companies founded / year
new Retail companies in Brazil
2016: 1102017: 1082018: 1212019: 1422020: 1532021: 1222022: 632023: 492024: 322025: 7
20162025
peak 153 in 2020
Companies raising / year
with a disclosed round that year
20162025
peak 36 in 2022
Disclosed funding / year
sum of disclosed rounds (USD)
2016: 36,479,5992017: 40,390,3512018: 21,405,9722019: 163,267,4002020: 113,663,5342021: 1,595,619,2592022: 190,773,7662023: 113,180,9062024: 69,184,8252025: 68,493,056
20162025
peak $1.6B in 2021

Where Retail companies in Brazil are based

Lists the cities where retail companies are headquartered, led by São Paulo with 498 firms, followed by Rio de Janeiro, Curitiba, another São Paulo entry, and Belo Horizonte.

Sao Paulo, a Retail hub in Brazil
Hub 01
Sao Paulo
498 Retail companies
54% of the Retail companies across these hubs
498companies
$1.5Bdisclosed funding
27hiring now
generated artwork
Rio De Janeiro skyline — Retail hub in Brazil
Hub 02
Rio De Janeiro
112 Retail companies
12% of the Retail companies across these hubs
112companies
$162.4Mdisclosed funding
8hiring now
Photo Wikipedia · Rio de Janeiro · CC BY-SA 4.0
Curitiba skyline — Retail hub in Brazil
Hub 03
Curitiba
77 Retail companies
8% of the Retail companies across these hubs
77companies
$636.3Mdisclosed funding
3hiring now
Photo Wikipedia · Curitiba · CC BY-SA 4.0
São Paulo skyline — Retail hub in Brazil
Hub 04
São Paulo
64 Retail companies
7% of the Retail companies across these hubs
64companies
3hiring now
Photo Wikipedia · São Paulo · CC BY-SA 4.0
Belo Horizonte skyline — Retail hub in Brazil
Hub 05
Belo Horizonte
57 Retail companies
6% of the Retail companies across these hubs
57companies
$37.2Mdisclosed funding
4hiring now
Photo Wikipedia · Belo Horizonte · CC BY-SA 4.0
Porto Alegre skyline — Retail hub in Brazil
Hub 06
Porto Alegre
53 Retail companies
6% of the Retail companies across these hubs
53companies
$5.2Mdisclosed funding
Photo Wikipedia · Porto Alegre · CC BY-SA 4.0
Florianopolis, a Retail hub in Brazil
Hub 07
Florianopolis
29 Retail companies
3% of the Retail companies across these hubs
29companies
generated artwork
Barueri skyline — Retail hub in Brazil
Hub 08
Barueri
28 Retail companies
3% of the Retail companies across these hubs
28companies
$54.3Mdisclosed funding
4hiring now
Photo Wikipedia · Barueri · CC BY-SA 4.0

The Retail market map of Brazil: what these companies actually do

Breaks down the main product sub‑categories—consumer digital, B2C e‑commerce, enterprise tech, enterprise software, and commerce enablers—and the most common revenue models such as product sales, subscriptions and services.

The biggest kinds of Retail company, by how many we track.

Consumer Digital — a Retail sub-vertical
Sub-vertical 01
Consumer Digital
887 companies
887companies
$1.6Braised
27hiring
B2C E-Commerce — a Retail sub-vertical
Sub-vertical 02
B2C E-Commerce
755 companies
755companies
$1.5Braised
20hiring
Enterprise Tech — a Retail sub-vertical
Sub-vertical 03
Enterprise Tech
583 companies
583companies
$1.4Braised
39hiring
Enterprise Software — a Retail sub-vertical
Sub-vertical 04
Enterprise Software
372 companies
372companies
$1.1Braised
25hiring
Commerce Enablers — a Retail sub-vertical
Sub-vertical 05
Commerce Enablers
367 companies
367companies
$1.1Braised
27hiring
Internet First Brands — a Retail sub-vertical
Sub-vertical 06
Internet First Brands
233 companies
233companies
$79.9Mraised
5hiring
B2C Fashion E-Commerce — a Retail sub-vertical
Sub-vertical 07
B2C Fashion E-Commerce
233 companies
233companies
$311.8Mraised
4hiring
SaaS — a Retail sub-vertical
Sub-vertical 08
SaaS
218 companies
218companies
$991.5Mraised
15hiring
  • Consumer Digital887 companies · $1.6B raised · 27 hiring
  • B2C E-Commerce755 companies · $1.5B raised · 20 hiring
  • Enterprise Tech583 companies · $1.4B raised · 39 hiring
  • Enterprise Software372 companies · $1.1B raised · 25 hiring
  • Commerce Enablers367 companies · $1.1B raised · 27 hiring
  • Internet First Brands233 companies · $79.9M raised · 5 hiring
  • B2C Fashion E-Commerce233 companies · $311.8M raised · 4 hiring
  • SaaS218 companies · $991.5M raised · 15 hiring
  • Marketplaces205 companies · $365.2M raised · 8 hiring
  • Retail SaaS194 companies · $991.2M raised · 12 hiring
  • Internet First Fashion Brands137 companies · $32.2M raised · 1 hiring
  • E-Commerce SaaS125 companies · $980.9M raised · 6 hiring

Monetization

How Retail companies make money

How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.

E-Commerce - Product1,051
Subscription699
E-Commerce - Service655
Commission on Transaction449
Advertising291
Physical Commerce175
Fee-For-Service157
Sponsorship10

Funding, M&A and the deals moving Retail in Brazil

Counts 226 corporate events over the past two years, including key‑person changes, mergers and acquisitions, earnings releases, announcements and funding rounds.

Leadership 53M&A 49Earnings 30Announcement 18Funding 16Assets 14Regulatory 11Product 7Contracts 6Layoffs 5
  • M&AThe merger between Petz and Cobasi , one of the most complex cases on the recent agenda of the Administrative Council of Economic Defense (Cade), received the approval of the agency in December 2025, almost a year and a half after its announcement, after facing a strong resistance from rivals like Petlove.2026-01-30
  • M&AUnion Pet, a company resulting from the merger between Petz and Cobasi, will today (23) make payment of the cash portion to the shareholders of Petz, totaling R$ 320.78 million.2026-01-23
  • IPOThe market is awaiting follow-on offerings from companies such as Pague Menos , Copasa, Tenda, Moura Dubeux, Banco Pine and, according to NeoFeed , Riachuelo .2026-01-20
  • M&AThe union between Arado, a small-scale fruit-based mining company, and Frexco, a startup from the same segment that provides fresh products to restaurants in the state of São Paulo, aims to accelerate, through high technology, the transformation of the fresh food chain in Brazil and expand the supply of efficient solutions for restaurants and retailers.2025-09-18
  • M&AOpenEvidence announced today its acquisition of Amaro, an AI-native advertising company founded by Kush Khosla and Sauren Khosla and backed by Google Ventures and Greycroft.2025-09-10
  • M&AThe Azzas 2154 group is in the final stage of negotiating the purchase of Cariuma, a sustainable tennis brand founded by two former executives of Arezzo, David Python and Fernando Porto.2025-09-04
  • Fundingthe group, which brings together founders of startups that have been acquired by other companies recently, will jointly dock R$ 5 million, divided into cheques of about R$ 200,000, in up to 15 Brazilian beginners businesses.2025-08-27
  • M&AThe owner of the Brazilian stock exchange is acquiring 62% of fintech for R$ 37 million.2025-08-26
  • FundingFood and beverage company DOBRA has raised Rs 1.5 crore in its initial funding round, which was spearheaded by the D2C Insider Super Angels Fund.2025-08-21
  • M&AOn Monday, 4, the tool platform for SME Olist announces the purchase of fintech credit Flip after nine months of trading.2025-08-09

Mergers and acquisitions

Deals from the last 24 months where a Retail company in Brazil was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.

AcquirerTargetDeal valueStatusDate
PetzCobasiundisclosedCompleted2026-01-23
LeverosRefrigásundisclosedCompleted2025-12-12
AradoFrexcoundisclosedAnnounced2025-09-18
AradoPlanteiundisclosedCompleted2025-09-18
openevidenceAmaroundisclosedAnnounced2025-09-11
Azzas 2154 groupCARIUMAundisclosedPending2025-09-04

Who is listing, hiring leaders, launching and winning work

Provides details on specific events like IPO filings, leadership changes, product launches and contract wins for the tracked companies.

IPO pipeline
3 companies listed or filing · last 24 months
  • RiachueloFollow-on Offering · 1 reportJan 2026
  • PetzIPO · B3 · 2 reportsAug 2025
  • MéliuzOFS · Brazil · CASH3 · 1 reportMay 2025
Leadership moves
19 tracked people moves · last 12 months
  • EBANXJefferson Nunes · Appointment → Chief Human Resources OfficerApr 2026
  • EBANXIsabela Rebello · Appointment → Global Vice President of Risk and ComplianceApr 2026
  • EBANXKalecser Kurtz · Appointment → Chief Technology OfficerApr 2026
  • total expressAndrea de Rizzio · Appointment → Chief Financial OfficerApr 2026
  • AmericanasCamille Loyo Faria · Departure — was Chief Financial OfficerFeb 2026
  • G SuplementosEduardo Dasi · DepartureJan 2026
  • G SuplementosFernando Dasi · DepartureJan 2026
  • G SuplementosDiego Freitas · Appointment → Chief Executive OfficerJan 2026
Workforce actions
3 companies cutting roles · last 24 months
  • G Suplementosscale undisclosed · company closureJan 2026
  • Casas Bahia~8,600 roles reported · cost reductionJul 2025
  • C&A~93 roles reported · restructuringMar 2025
Regulatory & litigation
10 regulatory events · 3 tracked suits · 24 months
  • Petzapproved with conditions — Administrative Council of Competition Defense (Cade)Dec 2025
  • CobasiPending approval of merger — Administrative Council for Economic Defence (Cade)Nov 2025
  • Novomundoapproved for judicial recoveryOct 2025
  • Méliuzapproval requestedMay 2025
  • mol group, Brazilian chemical company Braskem v clariant, orbia, celanese, westlakecompetition law infringement · FiledDec 2025
  • clariant v orbia, celanese, westlakecompetition law infringement in ethylene purchasing · FiledJul 2025
Earnings pulse
companies reporting results · last 24 months
9 companies reporting27 company-quarters trackedbeat 2miss 5in line 0

Half of these companies grew revenue faster than +5.0%, half slower.

Who is building Retail in Brazil

Profiles 624 founders and CEOs across 484 firms, noting frequent alma maters like Stanford and Wharton and prior employers such as Bain and McKinsey.

Founders and chief executives12 of 624, from the best-funded companies on this page
Martin Palombo
Co-Founder & CPO
Martin Palombo

Ex-The Ancient Epithaurus Company. Technological Institute of Buenos Aires 2010

Diego Dzodan
Co-Founder & CEO
Diego Dzodan

Picus Capital, ex-Meta, SAP, Aluar, Co-Founder Certant, Techint Group. Harvard Business School MBA 1999

Daniel Scandian
Co-Founder & CEO
Daniel Scandian

Endeavor Brasil, Ex- Novopiso, International Automobile Federation. Stanford University Graduate School of Business

Raymond Shayo
Co-Founder
Raymond Shayo

Ex-Brookfield Asset Management, J.P. Morgan. Insper Institute of Education and Research BBA 2014

Andy Freire
Co-Founder & Director
Andy Freire

Founder Quasar Builders, Ex - Founded Axialent. Harvard Business School 2004, Universidad de 'San Andrés' 1994

Israel Salmen
CEO and Founder
Israel Salmen

Melhorplano, ex-Promobit, ex-Pelando, Stanford University, 2016

Marcia Netto
Co-Founder & CDO
Marcia Netto
repeat founder

Ex-Minha Vida, Abril, Unilever, Monsanto · University of Sao Paulo BS 2004, FIA Business School MBA 2009, Harvard Business School 2011

Luiza Batista
Co-Founder
Luiza Batista

Ex-Leef, Rappi, Coty, Almundo. The Hague University of Applied Sciences BS 2011, PUC Mines BS 2012, European School of Economics MS 2018

Alexandre Borges
Co-Founder
Alexandre Borges

ex-WE-K, ALEGRIA, PIONEIRO. FEA USP MBA 2018

Ian Faria
CEO & Founder
Ian Faria

Mecanizou, ex-Kavak Com, ex-Ivoy Ondemand And Sameday Deliveries

Carlos Curioni
CEO
Carlos Curioni

Ex- Accenture, MercadoLibre. Polytechnic School of the University of Sao Paulo 1999, Wharton School MBA 2006

Fernando Porto
Co-Founder
Fernando Porto

Ex-Arezzo, Carpe Diem. Pontifical Catholic University of Rio de Janeiro 2008

Where the founders studied
alma mater on record for 35 of 624 founders
Stanford University6
Wharton School5
University of Pennsylvania4
Harvard Business School4
IESE Business School3
Massachusetts Institute of Technology3
Harvard University3
Stanford Business School2
Where they worked before
a previous employer on record for 14 of 624 founders
Bain4
McKinsey2
Boston Consulting Group2
Goldman Sachs2
eBay1
Apple1
Microsoft1
Google1
Founders flagged as repeat founders
of 497 founders with a profile on this page
4
carry a repeat-founder flag
  • flagged as repeat founders4
  • no repeat-founder flag493
Radar

Look up the people behind Retail companies in Brazil

Search founders, executives and operators by company, role and location.

Who funds Retail in Brazil

Summarizes 211 funding rounds since 2016 from 294 investors, with an average round size of $2.4 million.

Investor · most active investors since 2016RoundsLedLatest
FJ Labs144Sep 2024
Valor Capital Group115Aug 2023
Maya Capital105Jan 2024
Canary102Sep 2024
Y Combinator86Mar 2025
Monashees84Mar 2023
Bossa Invest82Jun 2023
Kaszek82Jun 2025
Endeavor7Mar 2025
Onevc61Jun 2022
Stage mix · rounds since 2016
Seed & Angel127
Series A–B63
Series C+ / PE18
Grants, debt & other3

The typical round is $2.4M — half were bigger, half smaller.

The biggest Retail funding rounds in Brazil

Highlights the largest disclosed round—Nuvemshop’s $500 million Series E—and lists ten other sizable recent funding events.

Venture round sizes · 2023–2025
<$1M15
$1–10M22
$10–50M4
$50–250M1
>$250M0

42 venture rounds with a disclosed amount in the window.

Fresh cheques · last 6 months

What the news says about Retail in Brazil

Counts 435,716 news articles about the sector in the last year, most often covering international entities, geopolitical disputes and sports competitions.

News volume
Retail coverage across Brazil · articles per quarter
2021Q2: 42,2382021Q3: 46,5662021Q4: 35,8132022Q1: 37,5062022Q2: 38,1572022Q3: 40,4662022Q4: 64,6122023Q1: 56,6342023Q2: 82,4222023Q3: 64,6052023Q4: 47,4432024Q1: 54,2382024Q2: 65,0492024Q3: 71,2462024Q4: 74,3172025Q1: 91,1602025Q2: 69,9112025Q3: 285,3162025Q4: 43,2962026Q1: 44,435
2021Q22026Q1
peak 285,316 in 2025Q3 · 435,716 articles in the last 12 tracked months
Tone of coverage
share of articles by dominant sentiment (positive / neutral / negative)
202120232025
Positive-tone share moved 44% → 25%, negative 32% → 45% across 2021–2025.

What the coverage is about

The subjects that dominate Retail news in Brazil. The arrow shows whether each one is being written about more or less than a year ago.

  • International and transnational geographic entities300,313▲+33%
  • Geopolitical disputes and contested areas300,312▲+33%
  • Administrative and political subdivisions300,279▲+33%
  • International sports competitions26,937▼-34%
  • Professional league updates14,467→+8%
  • International political relations13,147▼-19%
  • Trade policies and agreements11,665▲+54%
  • Olympic games coverage10,779▼-66%
  • Athlete transfer rumors10,620▲+11%
  • Government international agreements coordination9,224→-10%
Most-covered companies · last 12 months

28 Retail companies here were named in the news over this period.

Prism

Watch Retail coverage in Brazil as it happens

Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.

Momentum

The words getting louder — and quieter

Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.

countries+128%tariff negotiations+56%trade dispute mechanisms+83%free trade deals+47%climate mobilization+42%angel investors+219%bilateral trade+60%preferential tariff+84%tariff rate quota+105%mfn tariff+86%
olympic team selections-85%geopolitical alliances-35%ronaldo-46%olympic trials-82%copa libertadores-82%

The pressures the press keeps returning to

Three recurring angles in Brazil Retail coverage, and whether each is getting more attention year on year (through 2025).

Regulatory Risk ▲ rising
606,540 articles touch this dimension · 15.3% critical tone
20212025
signals: territories, disputed islands, countries
Funding Momentum ▲ rising
41,559 articles touch this dimension · 33.0% critical tone
20212025
signals: angel investors, early-stage investment, asset acquisition
Growth ▲ rising
122,728 articles touch this dimension · 26.5% critical tone
20212025
signals: gdp growth rate, economic growth statistics, economic output growth

Retail jobs in Brazil: who is hiring and what they ask for

Reports zero job postings in the past 12 months from 19 employers, with no listed skill requirements.

0postings · last 12 months
19postings tracked overall
19employers advertising
Most advertised titles
  • Retail Sales Associate2
  • Intern - Retail Marketing1
  • Retail Solutions Architect1
  • Controllership Directorate Retail1
  • Retail Direct Marketing Internship1
  • Vendor Manager Sports, Retail1
Keep going

Track Retail in Brazil beyond this page

Radar finds and filters the companies. Prism watches what is being said about them.

About this data: built from Fliar's company, founder, funding, hiring, jobs and news trackers, covering Brazil. Counts are of companies we track, not of every company that exists. Updated August 2026.
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