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Valuation

$1.5B

2024 Revenue

$164.6M

Customers

2.6K

Funding

$365M

YOY

15.8%

Avg ACV

$63.3K

Team

1.2K

Churn

8%

How VTEX CEO Geraldo Thomaz grew to $164.6M revenue and 2.6K customers in 2024.

VTEX focuses on e-commerce strategies for major retailers and consumer brands.

Last updated

VTEX Revenue

In 2024, VTEX's revenue reached $164.6M. The company previously reported $142.2M in 2023. Since its launch in 2000, VTEX has shown consistent revenue growth.

VTEX Revenue GrowthReported revenue / ARR over time$0$40M$80M$120M$160M$200M2000200220042006200820102012201420162018202020222024$0$107M$165MSource: GetLatka.com
YearMilestoneQuote
2024VTEX Hit $164.6m revenue in December 2024Source
2023VTEX Hit $142.2m revenue in December 2023Source
2020VTEX Hit $106.9m revenue in September 2020
2000Launched with $0 revenue

VTEX Valuation, Funding Rounds

VTEX reached a $1.5B valuation in 2020, set during its Series D round.

VTEX has raised $365M in total funding across 2 rounds, most recently a $225M Series D round in 2020.

VTEX Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$400M$800M$1B$2B200020022004200620082010201220142016201820202000 cumulative: $0 • 2000 Founded: $02019 cumulative: $140M • 2000 Founded: $0 • 2019 Series C: $140M @ $285M valuation2020 cumulative: $365M • 2000 Founded: $0 • 2019 Series C: $140M @ $285M valuation • 2020 Series D: $225M @ $1B valuation$365M2000 Founded: $0 valuation2019 Series C: $285M valuation2020 Series D: $1B valuation$1BSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Series D$225M$1.5B15%
2019Series C$140M$285M49%

Founder / CEO

Geraldo Thomaz

Geraldo Thomaz is listed as Founder / CEO at VTEX.

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Customers

VTEX serves 2.6K customers.

VTEX Employees & Team Size

VTEX employs approximately 1.2K people as of 2026, down from 1.2K in 2020. It serves 2.6K customers that rely on its solutions.

VTEX Team GrowthReported headcount over time02505007501,0001,2502000200220042006200820102012201420162018202020222024001,1881,1881,1691,169Source: GetLatka.com
YearMilestone
2024Reached 1.2K employees (December 2024)
2020Reached 1.2K employees (September 2020)

Frequently Asked Questions about VTEX

What is VTEX's revenue?

VTEX generates $164.6M in revenue.

Who founded VTEX?

VTEX was founded by Geraldo Thomaz.

Who is the CEO of VTEX?

The CEO of VTEX is Geraldo Thomaz.

How much funding does VTEX have?

VTEX raised $365M.

How many employees does VTEX have?

VTEX has 1.2K employees.

Where is VTEX headquarters?

VTEX is headquartered in United States.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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VTEX Revenue 2024: $164.6M ARR, $1.5B Valuation