An online retailer called Cloudshop is present in the entire continent of Latin America. Its core competency is creating the e-commerce platform system and making it accessible to business owners who wish to set up and run an online store.
It was established by Santiago Sosa, José Abuchaem, Martn Palombo, and Alejandro Alfonso in Buenos Aires towards the end of 2010.
As Tienda Nube, Cloudshop was established in Buenos Aires in 2010. Currently written Tiendanube, this is the company’s name in Spanish-speaking Latin American nations.
The partners started learning Portuguese in 2011 in order to get ready to enter Brazil. The business first appeared in Brazil in 2012 under the name Nuvem Shop (currently, Nuvemshop). Despite being Argentine, Brazil became the company’s main market.
Trindade Investimentos provided Nuvemshop with a financial contribution of more than R$ 2 million in 2013.
A greater donation of US$ 7 million (about R$ 24 million at the time) was made in 2017. Elevar Equity, IGNIA Partners, Kaszek Ventures, NXTP Labs, and FJ Labs all contributed to the financing.