VTEX was founded in 2000 by Geraldo Thomaz and Mariano Gomide de Faria in Rio de Janeiro. They started as an outsourced software development shop and gradually shifted focus to e-commerce infrastructure. By 2012 they’d gone all-in on a SaaS commerce platform and haven’t looked back.
The platform combines traditional storefront commerce, marketplace capabilities, and order management in a single solution. VTEX handles the entire commerce stack — from CMS and search to checkout, payments, and fulfillment — but also exposes APIs for headless implementations. It supports native marketplace functionality where brands can sell their own products alongside third-party sellers.
VTEX went public on the NYSE in July 2021, raising $361 million at a valuation near $3 billion. The company is the clear market leader in Latin America, powering e-commerce for Whirlpool, Coca-Cola, Sony, Walmart (in LatAm), Carrefour, and Motorola across the region.
VTEX VTEX IO is the company’s development platform that lets agencies and merchants build custom storefronts and extensions. The architecture supports multi-tenant SaaS with automatic updates — merchants don’t manage infrastructure or worry about patches and upgrades.
The company serves over 2,500 enterprise customers across 43 countries. Revenue topped $180 million in 2023. VTEX employs more than 1,500 people with a strong engineering presence in Brazil and growing offices in the US, Europe, and Asia.
