7 Best UK Growth Stocks To Invest In

5. Vtex (NYSE:VTEX)  

Number of Hedge Fund Investors: 14  

Vtex (NYSE:VTEX) is an e-commerce platform that provides cloud-based solutions for enterprises to scale their online businesses. The company offers a variety of tools for omnichannel commerce, including store management, payments, and logistics. Vtex (NYSE:VTEX) serves clients across Latin America, with growing operations in other global markets.

On September 3, Vtex (NYSE:VTEX), announced the acquisition of Weni, a customer service solutions provider fueled by advanced AI. This acquisition strengthens Vtex’s (NYSE:VTEX) ability to deliver a seamless, end-to-end customer experience platform tailored to the customized needs of its global enterprise brands and retailers. The acquisition of Weni also enhances Vtex’s (NYSE:VTEX) unified commerce platform, optimizing customer support and enhancing post-purchase experiences for premier B2B and B2C businesses. Vtex (NYSE:VTEX) will be able to offer a specialized and opinionated CX solution that ensures zero-friction onboarding and seamless collaboration for enterprise brands and retailers. The solution includes two key components: Auto-pilot, an AI-powered agent tailored for retail, and Co-pilot, a humanized customer service tool that boosts CX reps’ efficiency by seamlessly integrating AI with human oversight.

The acquisition is expected to drive sustained business success for Vtex’s (NYSE:VTEX) customers through a deeper, more connected commerce experience and makes it a compelling investment opportunity.

In the second quarter, the company’s stock was held by 14 hedge funds with stakes worth $34.16 million. Polar Capital is the largest shareholder in the company with a stake worth $8.6 million as of June 30.