Brazil's startup ecosystem shows a strong concentration in financial technology. Fintech company Nomad has raised R$590M, while spending management platform Clara secured $492M.
While fintech leads, artificial intelligence is another key area of growth. The legal tech startup Enter, founded in 2023, has already secured $40.5M in funding.
Below is our list of 100 Brazil startups worth keeping an eye on.
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Get the Sheet for $50Nomad built a digital financial solution for Brazilians, combining a US dollar bank account with an integrated investment platform. The company simplifies how its users save, spend, and invest their money internationally.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2019 |
| Founders | Eduardo Haber, Marcos Nader, Patrick Sigrist |
| Funding Amount | R$590M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series B |
| Top Investors | Abstract, Spark Capital, Tiger Global Management, ONEVC, Google for Startups |
Enter uses artificial intelligence to provide auditable and reliable legal drafting for lawyers. Their platform is designed to streamline the creation of complex documents and make the legal process more efficient.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2023 |
| Founders | Henrique Vaz, Mateus Costa-Ribeiro, Michael Mac-Vicar |
| Funding Amount | $40.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Sequoia Capital, Founders Fund, FJ Labs, ONEVC, Amazon Web Services |
Arvo builds an AI-powered platform that secures financial transactions within the healthcare industry. Their technology analyzes medical billing and insurance claims to help reduce fraud and administrative waste.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2022 |
| Founders | Fabricio Valadão, Rafael Tinoco |
| Funding Amount | $24.5M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Base10 Partners, Canary, Latitud, Preface Ventures, Kaszek |
Omie builds a cloud-native management platform that integrates ERP and CRM tools for small and medium-sized companies. Their system helps businesses manage key operations, from accounting and financials to customer relationships, all in one place.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2013 |
| Founders | Marcelo Lombardo |
| Funding Amount | $295.8M |
| Startup Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series D |
| Top Investors | Endeavor Catalyst, Partners Group, Tencent, Riverwood Capital, Bossa Invest |
Clara created a comprehensive spend management platform for businesses across Latin America. Their solution combines corporate cards with software to give companies better control and visibility over their expenses.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2020 |
| Founders | Diego Iván Garcia Escobedo, Gerry Giacoman Colyer |
| Funding Amount | $492M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | General Catalyst, Gaingels, Canary, Goldman Sachs, BoxGroup |
Kamino builds an AI-powered Financial Operating System that brings a company's software, bank accounts, and cards into one place. Their platform gives mid-market CFOs a single, integrated view to manage all financial operations.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2021 |
| Founders | Benjamin Gleason, Gonzalo Parejo Navajas, Gutemberg Fragoso, Juliana Strohl, Rodrigo Perenha |
| Funding Amount | $21.1M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | QED Investors, Endeavor Catalyst, Flourish Ventures, Quona Capital, Inspired Capital Partners |
ASAAS develops a financial management platform designed to automate a company's entire financial routine. Their digital account helps businesses handle billing, receive payments, and manage financial relationships with customers.
| Headquarters | Joinville, Santa Catarina, Brazil |
| Year Founded | 2013 |
| Founders | Diego Contezini, Fernando Chagas, Jeferson Leandro Kortbein, Mônica Dalosto, Piero Contezini |
| Funding Amount | $186.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Bond, Endeavor Catalyst, SoftBank, 23S Capital, Banco Bradesco |
Mercado Pago operates the leading internet payment platform in Latin America, enabling transactions for businesses and individuals. Their digital wallet and processing tools facilitate everything from e-commerce checkouts to in-store QR code payments.
| Headquarters | Santana De Parnaíba, Sao Paulo, Brazil |
| Year Founded | 2004 |
| Founders | Marcos Galperin |
| Funding Amount | $466M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Debt Financing |
| Top Investors | Citibanamex, Banco Citibank SA |
Hashdex builds regulated investment products that bridge the gap between traditional markets and the world of digital assets. The firm specializes in creating crypto-focused exchange-traded funds (ETFs) and other vehicles for mainstream investors.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2018 |
| Founders | Marcelo Sampaio, Steve Koshansky |
| Funding Amount | R$135M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | Endeavor Catalyst, Canary, Coinbase Ventures, SoftBank, Valor Capital Group |
As Brazil's first tech-driven insurance carrier, 180 Seguros provides the products and infrastructure for embedded insurance. Their platform enables businesses to easily integrate and offer insurance policies within their own customer experiences.
| Headquarters | São Paulo, Sao Paulo, Brazil |
| Year Founded | 2020 |
| Founders | Alex Körner, Franco Lamping, Mauro Levi D'Ancona |
| Funding Amount | $48.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | 8VC, Canary, FJ Labs, MONASHEES, Atlantico |
90 Additional Brazil Startups Worth Following
Our top ten picks are just a small slice of what’s happening in Brazil right now. Founders are building all kinds of new businesses, with a clear focus on finance and AI.
Collectively, they have raised billions of dollars, from small seed checks to huge later stage rounds. Here’s a look at the other companies that are defining Brazil's startup ecosystem.