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Curitiba-based MadeiraMadeira runs an online retail platform for home furnishings, with a marketplace for sellers.
MadeiraMadeira Comércio Eletrônico S/A was founded in 2009 by CEO Daniel Scandian and CXO Marcelo Scandian and is based in Curitiba, Brazil. It sells home furnishing products online and in physical stores and runs a marketplace where businesses sell home goods for a commission. In January 2021 it raised USD 190 million in Series E funding co-led by Softbank Latin America Ventures and Dynamo Administracao de Recursos, with participation from Flybridge Capital Partners, Monashees Capital, Brasil Capital, Lakewood Capital and VELT Partners, valuing it at approximately USD 1 billion.
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