Baby.com.br
| Industry | E-commerce |
|---|---|
| Founded | São Paulo, Brazil (October 2011) |
| Founders | Davis Smith, Kimball Thomas, McKay Thomas |
| Headquarters | São Paulo |
| Website |
baby |
Baby.com.br is an e-commerce retailer of baby products in Brazil. The company is based in São Paulo, Brazil and sells exclusively online.
History
The company was founded by three American family members, Davis Smith and brothers Kimball Thomas and McKay Thomas, with Davis Smith as a graduate student at the Wharton School and Kimball Thomas at Harvard Business School.[1] McKay Thomas was first on the ground in Brazil in March 2011 followed by co-founders Davis Smith and Kimball Thomas later that July. The company launched in October 2011 with 10 employees. The company's "CMO" (Chief Mommy Officer) is Brazilian celebrity Angélica, who also invested in the company with her celebrity husband Luciano Huck.[2]
Funding
In February 2011, Baby.com.br received its first round of funding of $4.4 million from Monashees Capital, Tiger Global Management, Felicis Ventures, Social+Capital Partners and Ron Conway's SV Angel.[3] One year later, in March 2012, the company raised $16.7 million in a round led by Accel Partners.[4]
Awards & Recognition
- Harvard Business Plan Contest 1st Place Winner - HBS Business Plan Contest 2011.[5]
- Forbes Top 10 Startups in Brazil 2011.[6]
- Brazil's Startup of the Year 2012, Pequenas Empresas Grandes Negocios.[7]
References
- ↑ January 2, 2012 (January 2, 2012). "Baby's First Birthday: Lessons from a Brazilian E-commerce Start-up". Knowledge@Wharton.
- ↑ November 22, 2011 (November 22, 2011). "Angélica vira sócia da startup Baby.com.br". Exame.com.
- ↑ "Tiger, SV Angel-Backed Baby.com.br Finds Legs In An Exploding Brazilian eCommerce Market". TechCrunch.
- ↑ "Brazil’s Start-Up Baby Boom". New York Times, DealBook. June 28, 2012.
- ↑ "Rejecting Wall Street, Graduates Turn Entrepreneurs Instead". New York Times, DealBook. May 2, 2011.
- ↑ "Top 10 Startups in Brazil 2011". Forbes.com. October 20, 2011.
- ↑ "Empreendedor de Sucesso 2012". PEGN Magazine. December 16, 2012.