Hotmart Company Raises US$130M in Series C Funding

– Hotmart Company, an Amsterdam, The Netherlands-based provider of a cloud-based platform for creators to build, run, manage, and grow their digital businesses, raised US$130m in Series C funding.
– The round was led by TCV with participation from Alkeon Capital.
– The company intends to use the funds for growth initiatives including product innovation and international expansion, both organically and through mergers and acquisitions.
– This financing comes as Hotmart continues to experience significant growth and advances in its international expansion strategy.