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The Full List of 18 Unicorn Startups in Sao Paulo (2026)

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São Paulo is home to 18 unicorn startups, with a concentration in the fintech and real estate sectors. The list includes real estate platform QuintoAndar with a $5.1 billion valuation and digital bank C6 Bank at $5.05 billion.

High funding amounts are also common within the group. Food delivery service iFood has raised $2.1 billion, and payment network CloudWalk has secured a similar amount.

Below is the full list of 18 Sao Paulo unicorn startups at this time.

Top 10 Most Valuable Sao Paulo Unicorns

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QuintoAndar developed a technology platform to streamline residential property rentals for both landlords and renters. Their system removes the need for traditional guarantors or security deposits, making the rental process significantly more accessible.

Valuation$5.1B (Joined September 2019)
Year Founded2012
FoundersAndre Penha, Gabriel Braga
Funding Amount$755.3M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsGeneral Atlantic, QED Investors, Tencent, Ribbit Capital, Social Capital

C6 Bank offers a complete digital banking experience for individuals and businesses in Brazil. Their mobile platform integrates a wide array of financial products, from everyday banking and credit cards to investments and other specialized services.

Valuation$5.05B (Joined December 2020)
Year Founded2018
FoundersCarlos Fonseca, Leandro Torres, Luiz Calicchio, Marcelo Kalim
Funding Amount$2.3B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusCorporate Round
Top InvestorsJP Morgan Chase

iFood runs a major online food ordering and delivery platform that connects millions of users to a wide network of restaurants. Their service simplifies the process of discovering and ordering meals through a comprehensive mobile app and logistics network.

Valuation$5B
Year Founded2011
FoundersEduardo Baer, Felipe Ramos Fioravante, Gabriel Pinto, Guilherme Bonifacio, Michel Eberhardt, Patrick Sigrist
Funding Amount$2.1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries G
Top InvestorsInnova Capital, Prosus, Movile, Just Eat Take​away.com, Warehouse Investimentos

Creditas built a digital lending platform that gives consumers access to secured loans with lower interest rates. They specialize in using assets like homes and cars as collateral to make credit more affordable.

Valuation$5B (Joined December 2020)
Year Founded2012
FoundersSergio Furio
Funding Amount$1.1B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries F
Top InvestorsQED Investors, Wellington Management, Headline, International Finance Corporation, Endeavor Catalyst

Nuvemshop builds an e-commerce platform that gives small and medium-sized businesses the tools to set up, manage, and promote their online stores. Their technology is designed to help entrepreneurs sell and scale their businesses online.

Valuation$3.1B (Joined August 2021)
Year Founded2010
FoundersAlejandro Alfonso, Alejandro Vazquez, Jose Abuchaem, Martin Palombo, Santiago Sosa
Funding Amount$628.4M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsVMG Partners, FJ Labs, Tiger Global Management, Insight Partners, Accel

Loft operates Brazil's leading digital marketplace for real estate, designed to simplify property transactions. The platform offers a full suite of financial services, from mortgage origination and rent guarantees to support for brokers.

Valuation$3B (Joined January 2020)
Year Founded2018
FoundersFlorian Hagenbuch, Kristian Huber, Mate Pencz
Funding Amount$888M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsAdvent International, Andreessen Horowitz, Canary, Endeavor Catalyst, QED Investors

Wildlife Studios creates and publishes popular mobile games played by billions of people worldwide. Their portfolio includes major hits like Tennis Clash, Zooba, and War Machines.

Valuation$3B (Joined December 2019)
Year Founded2011
FoundersArthur Lazarte, Michael Mac-Vicar, Victor Lazarte
Funding Amount$260M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsHuman Capital, Bessemer Venture Partners, Benchmark, Base Partners, Upload Ventures

Unico IDtech develops digital identity solutions powered by facial biometrics. Their technology helps companies simplify user onboarding and secure digital processes through facial recognition.

Valuation$3B
Year Founded2007
FoundersDiego Torres Martins, Paulo Roberto de Alencastro Junior
Funding Amount$336.9M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsGoldman Sachs Growth Equity, Igah Ventures, big_bets, General Atlantic, Meyer Malka

CloudWalk operates a global payment network powered by its own proprietary blockchain. Their flagship product, InfinitePay, offers small and medium-sized businesses more accessible and transparent financial solutions.

Valuation$2.15B (Joined September 2021)
Year Founded2013
FoundersLuis Silva
Funding Amount$2.1B
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries C
Top InvestorsCoatue, BTG Pactual, Valor Capital Group, Santander, Plug and Play

Dock has built a full-stack fintech platform that powers card issuing and digital banking services throughout Latin America. Their technology enables any company, from startups to large enterprises, to embed financial services and launch their own custom products.

Valuation$2B (Joined May 2022)
Year Founded2014
FoundersDiogo Frenkel, Fred Amaral
Funding Amount$280M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusPrivate Equity
Top InvestorsLightrock, Visa Ventures, Viking Global Investors, Temasek Holdings, Riverwood Capital

The Remaining 8 Unicorns Founded in Sao Paulo

The ten most valuable companies get a lot of attention, but they are only part of the city's success. Many of the other rising unicorns are in fintech, and they have raised nearly $4 billion combined.

This next group of companies shows just how much is happening across the city. Here’s a closer look at the other unicorns helping to build São Paulo's future.

Unicorn StartupMain IndustryYear FoundedAmount RaisedValuation
2TM logo 2TMFintech2013$250.3M$2B
Loggi logo LoggiLogistics2013$507M$2B
Neon logo NeonFintech2016$852.4M$1.38B
Clara logo ClaraFintech2020$492M$1B
QI Tech logo QI TechFintech2018$375M$1B
Movile logo MovileRetail1998$588.2M$1B
Facily logo FacilyRetail2018$502.4M$1B
CargoX logo CargoXLogistics2013$390.1M$1B

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