Olist
Av. Cândido Hartmann, 590, Mercês, Curitiba, Parana, 80730-440, Brazil
Overview
Olist is an SMB commerce enabler ecosystem that specializes in the fields of logistics and capital. Commerce has changed and platforms like shopify, amazon, meli, alibaba and their peers are more and more relevant to our economy throughout the globe. This movement triggered a new generation of enablers to support small businesses navigate in such rich and fragmented ecosystem. Olist is leading the way as the #1 commerce enabler for SMBs in Brazil, now expanding globally. The company started with a single core connecting merchants to marketplaces and evolved to a complete ecosystem of integrated products in 3 dimensions. (1) Commerce: (a) Olist Store is the leading solution to sell on marketplaces; (b) Olist Shops is our ecommerce solution, mobile first, natively connected to social media, present in 180 countries. (2) Logistics: Olist Pax is a leading cloud based logistics and fulfillment network provider operating in Brazil. (3) Capital: Olist Credit and Olist Pay.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- E-Commerce
- E-Commerce Platforms
- Marketplace
- Retail
- Small and Medium Businesses
Investment portfolio
- nocnoc
Participated · Seed · Mar 2022
Nocnoc provides a platform where international sellers upload product catalogs and begin selling across 16 Latin American marketplaces, with a potential reach of nearly 500 million consumers. The company manages listings, marketing campaigns, customer communication, delivery logistics, cancellations and returns for merchants. It typically pays sellers every 15 days in local currency, shortening payment timelines versus the 40–50 day wait sellers often face. Nocnoc has introduced over 180,000 exclusive products from more than 1,200 international sellers and in the past 12 months grew gross merchandise volume 3x while adding seven marketplaces and expanding in Mexico, Colombia and Chile. The company is headquartered in Uruguay and maintains offices in Brazil, Mexico, Argentina, Colombia, China and Spain. Planned product and operational investments include additional fulfillment centers and an "Advanced Payments" product to accelerate seller payouts to an average of three to five days, with cancellations and returns covered. nocnoc provides a single seller center that lets global sellers upload items in US dollars or RMB while the company handles listings, pricing (shipping, taxes, commissions), customer communications, and last-mile delivery across Latin America. The platform publishes items in nocnoc-owned megastores and manages product listings across multiple local marketplaces, including integrations with MercadoLibre, ViaVarejo, Americanas and Walmart. Since launch the company has integrated with 17 marketplaces, giving sellers access to roughly 300 million digital buyers in the region. nocnoc was founded in 2018 by Ilan Bajarlia, Joaquin Colella, and Diego Szilagyi, who previously worked together at dLocal. The company says it lowers cross-border friction—customs, shipping, payments, store reputation, exposure algorithms and local support—that has kept global sellers out of Latin America. It will use the newly raised funds to continue improving its proprietary technology to help global sellers reach and sell to more customers.