Brazilian-born Hotmart is a cloud-based e-commerce platform that enables merchants to sell digital products. The platform is for anyone who wants to sell, promote, or buy online courses, videos, subscriptions, ebooks, tickets to events, and other digital media. However, if you don’t have a digital product to sell you can also become affiliated with them, helping them promote while earning commissions for it.
TCV and Alkeon Capital invest in Hotmart
In a recent development, the Amsterdam-headquartered platform that helps creators build, run, manage, and grow their digital businesses, has raised $130M (approx €110M) in its Series C round of funding. The round was led by TCV, which has previously also invested in companies such as Netflix and Airbnb. In addition, Alkeon Capital also participates in this round.