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VTEX is a global enterprise digital commerce platform that enables brands and retailers to manage their commerce ecosystems. Acting as an operating system for commerce, VTEX integrates consumers, business partners, suppliers, and fulfillment providers into a unified framework. The company offers a composable and complete commerce solution, including subscription-based services and tools for building and managing B2B, B2C, and marketplace commerce experiences.
- Subscriptions - Provides a comprehensive digital commerce platform for managing online stores, integrating and managing orders across multiple channels, and enabling marketplace capabilities for third-party vendors.
- Services Provided - Offers additional services to support customers in implementing and optimizing their commerce strategies, including consulting and technical assistance.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Geraldo do Carmo Thomaz Júnior ExecutiveBoard | Co-CEO, Co-Chairman | Board Member at Instituto Reditus | Co-founder of VTEX (2000), oversees R&D teams, led VTEX's global expansion and NYSE listing in 2021. | |
Mariano Gomide de Faria ExecutiveBoard | Co-CEO, Co-Chairman | Lecturer at ecommerce events (ecommerce Day, UNCTAD ecommerce Week, etc.) | Co-founder of VTEX (2000), leads global growth strategy, marketing, and sales. | |
André Spolidoro Ferreira Gomes Executive | Chief Strategy Officer | None | Former CFO of VTEX (2016–2022), now oversees strategy; previously worked in asset management and equity portfolio management. | |
Ricardo Camatta Sodré Executive | Chief Financial Officer | None | Joined VTEX in 2021, promoted to CFO in 2022, previously worked at Advent International and served on boards of Prisma Medios de Pago and GTM Holdings. | |
Santiago Naranjo Alvarez Executive | Chief Revenue Officer | Board Member at Colombian Chamber of Electronic Commerce (CCCE) | Joined VTEX in 2016, led operations in Colombia, now oversees global revenue strategies. | |
Alejandro Raul Scannapieco Board | Board Member, Audit Co-Chair | CEO of LaLiga Tech; Board Member at RetailApp Inc. | Former CFO of Globant, Microsoft South Cone, and Patagon.com; extensive experience in finance and technology. | |
Arshad Matin Board | Board Member | President & CEO of Avetta, LLC; Chairman of ASGN; Non-profit board roles (Houston Endowment, etc.) | Extensive experience managing high-tech companies; currently CEO of Avetta and chairman of ASGN. | |
Benoit Fouilland Board | Board Member, Audit Co-Chair | CFO of Celonis | Former CFO of Contentsquare, Firmenich, and Criteo; extensive experience in financial leadership roles. | |
Francisco Alvarez-Demalde Board | Board Member | Co-Founder and Managing Partner at Riverwood Capital; Director/Advisor for multiple tech companies | Co-founder of Riverwood Capital, led investments in VTEX and other tech companies, serves as a director for several organizations. | |
Silvia Mazzucchelli Board | Board Member, Audit Member | Chair of Coyuchi, Inc.; Director at Carbon38, TOMS Shoes, and Fair Harbor | Over 25 years of experience in retail and consumer sectors; former CEO of ModCloth and The Collected Group. |
- Despite achieving a positive 14% non-GAAP operating income margin this quarter , what specific steps are you taking to ensure that this margin level is sustainable, particularly as you aim to reach a 20% operating margin target ?
- Given the by-design reduction in services revenue to $2.1 million , how do you plan to compensate for this decline in services income, and what risks does this pose to your overall revenue growth strategy?
- With the macro uncertainty beginning to clear , can you elaborate on how this is affecting your sales momentum, particularly in challenging markets like Argentina that have previously been headwinds ?
- As you continue to expand in the U.S. and Europe with new customers and products like the B2B offering and VTEX ad network , what are the main challenges you face in these markets, and how do you plan to overcome increased competition in these regions?
- Your goal is to achieve the Rule of 40, currently at 32% this quarter ; considering tougher comps in Q4 and easing in Q1 , how confident are you in reaching the 40% target in the next few quarters, and what specific measures will drive this acceleration?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Newtail Serviços de Tecnologia LTDA | 2025 | VTEX acquired 100% of Newtail's shares for $4.1 million in cash plus an additional $1.6 million for a long-term non-compete agreement, aiming to expand its retail media solutions; the financial effects will be recorded in the 2025 year-end statements with ongoing fair value assessments of identifiable assets and liabilities. |
Weni Tecnologia da Informacao LTDA. | 2024 | Completed on August 29, 2024, this acquisition involved an initial cash consideration of $3 million, a long-term installment of $0.9 million, and potential performance-based payments; it strategically enhances VTEX's end-to-end customer experience by integrating communication automation solutions and chatbots with detailed allocation of tangible and intangible assets. |
No recent press releases or 8-K filings found for VTEX.