RIO DE JANEIRO, January 5, 2022 – VTEX (NYSE: VTEX), the enterprise digital commerce platform for premier brands and retailers, the leader in accelerating the digital commerce transformation in Latin America and now expanding globally, is considered one of the 10 best public cloud computing companies to work for, according to a list published by Battery Ventures based on Glassdoor data. The list, put together by the global investment company Battery Ventures, ranks 25 public companies—all cloud computing and business-to-business (B2B)—that scored the highest levels of employee satisfaction over a period of one year.
VTEX was ranked tenth on the list with a 4.56 rating score, while Glassdoor’s overall average is 3.7. Also, even though the average score for the senior leadership criterion is 3.3, VTEX rated 4.7. Meanwhile, VTEX’s business outlook score—the percentage of employees who believe results will improve in the next six months—is positive and stands at 90.3%, which is a lot higher than the Glassdoor average of 54%.
“When every team member feels free to be authentic and do their best, we surround ourselves with powerful individuals and unstoppable teams. Providing an open and accessible environment for different perspectives strengthens our digital commerce ecosystem and broadens our range of innovative products and services. We all evolve together,” says Geraldo Thomaz, founder and co-CEO of VTEX.
VTEX believes that diversity and inclusion are important assets in creating an environment where people genuinely feel they belong – a safe space promotes higher performance from employees to tackle problems in retail and commerce.
Cultivating an inclusive environment starts from the inside – In 2020, VTEX created a Diversity Committee and four affinity groups to address initiatives focused on the specific needs of each community. Affinity groups are based on four different pillars: race, ethnicity, and culture; gender equality; LGBTQIA+ and people with disabilities.
“Solving problems and finding growth opportunities is a big part of our culture to allow us to raise the bar further everyday. VTEX has individuals from vast backgrounds not only in professional experiences but also nationalities and age groups. We come together as an open-minded and humble team hungry for knowledge to develop the best solutions that fulfil the needs of our clients,” says Pablo Che León Sarmiento, General Manager at VTEX South-East Asia.
This is the fifth year Battery has listed the highest-rated public cloud computing companies according to their employees. As many companies continued to face challenges due to the pandemic, the 2021 edition highlights the global trend of models such as the Remote First Mindset, in which the employees can have the same experience and access to work tools from any location.
“Even though the pandemic has accelerated many cloud computing businesses whose products often help drive digital transformation, many CEOs still struggle to build strong corporate cultures, hire the best employees, and retain them in an incredibly fast-changing and unpredictable environment,” says Neeraj Agrawal, a Battery Ventures partner specialized in cloud investments. “The companies on this list should be proud of their success in building positive cultures and promoting employee satisfaction, which often translates into financial success. They are truly creating best practices for other organizations throughout the economy.”
You can find Battery Ventures’ complete list of the highest-rated public and private cloud business companies ranked by their employees at this link.
VTEX (NYSE: VTEX) provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Our platform enables our customers to execute their commerce strategy, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. Founded in Brazil, we have been a leader in accelerating the digital commerce transformation in Latin America and are expanding globally. Our platform is engineered to enterprise-level standards and features. We are trusted by more than 2,000 customers with over 2,500 active online stores across 32 countries, who rely on VTEX to connect with their consumers in a meaningful way*. For more information about VTEX initiatives, as well as open positions, visit careers.vtex.com.
*Figures as of FY ended on Dec. 31st, 2020
Battery partners up with outstanding founders and management teams, developing businesses in sectors including software and services, enterprise infrastructure, online marketplaces, healthcare IT, and industrial technology. Founded in 1983, it supports companies in all phases, from the early stage to growth and buyout, and invests globally in six strategic locations: Boston, San Francisco and Menlo Park, California; Herzliya, Israel; London; and New York. Follow the company on Twitter @BatteryVentures, visit our website at www.battery.com and find the complete list of Battery’s portfolio companies here.
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