VTEX · CIK 0001793663
What VTEX told the SEC could break it.
2 self-disclosed vulnerabilities, pulled from its own filings, each in the company’s words, with the source. This is the risk register almost nobody reads.
A limited set so far, we surface every cited disclosure we’ve extracted for VTEX. More may follow as additional filings are processed.
In its own words
What could break it.
Geographic concentration
- Brazil — ~58% of revenue and 80.9% of employees (R&D)medium
Brazil is both the revenue base (~58% of FY2025 revenue, with 31.2% from LatAm ex-Brazil and 11.1% global) and the operating base — 80.9% of employees, primarily R&D, sit in Brazil.
“As of December 31, 2025, approximately 80.9% of our employees are located in Brazil, primarily in our R&D department.”
Supplier concentration
- third-party data hosting & transmission serviceslow
The commerce platform (US$20.5B of customer GMV in 2025) runs on third-party data hosting and transmission services — cost increases, interruptions, or latency at those providers flow straight into platform availability commitments.
“We depend on third-party data hosting and transmission services.”
SEC filing →As of 2026
In the MyPRIA app, this is checked against the companies you actually own.
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