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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