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According to the Institute of Applied Economic Research , there are 820,000 existing NGOs, also know as ONGs (organizaciónes no gubernamentales), in Brazil. What would you like the world to know about NGOs and fundraising in Brazil? But small causes here in Brazil make a very big difference in social impact.
While platforms such as Wix and Squarespace have made it easier to do this, these are primarily aimed at desktop users. Zeely says that its app can generate a web store quickly on a mobile, as well as allow a business to promote itself across social media platforms quickly and easily. In Mexico, for instance, 97.4%
Its more than 300 clients include 10 unicorns, two out of the three biggest banks in Brazil and companies such as iFood, Claro, Cielo, Loggi, Ebanx, QuintoAndar and OLX, among others. Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions.
QuintoAndar is taking its first steps out of Brazil to open a technology hub in Lisbon, Portugal aimed at attracting technology talent across the pond. The company touts itself as “the largest housing platform in Latin America,” providing selling and rental assistance, and also takes on the risk associated with monthly rental payments.
Also participating in the round were Xochi Ventures, First Check Ventures, Magma Capital and GV Angels as well as strategic angels including Rodrigo Xavier (former Bank of America CEO in Brazil), Beth Stelluto (formerly of Schwab), Gustavo Lasala (president and CEO of The People Fund) and Brian Requarth (founder of Viva Real). . In the U.S.,
OctoML , a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project , today announced that it has raised a $28 million Series B funding round led by Addition. Image Credits: OctoML. The Series B was pre-emptive.
But in Brazil, where no MLS exists, the challenge of digitizing real estate is even greater. This morning, digital real estate platform Loft announced it has closed on $425 million in Series D funding led by New York-based D1 Capital Partners. In particular, it’s significantly beefed up its tech team, according to Pencz.
Fintech Brex first partnered with Weav , a developer of a universal API for commerce platforms, last summer. Over the past few months, the pair determined that Weav’s technology — and team — was too good to share. to knit together a universal API for commerce platforms. Weav raises $4.3M
Digibee , a low-code integration platform, is doing what all low-code integration platforms are apparently doing right now: raising funding. Brazil-based Kinea and G2D Investments also participated in this round. ” Time-strapped IT teams can use low-code software to drive quick growth.
InstaCarro , a digital marketplace that connects used car sellers to dealers in Brazil, has raised $23 million in a Series B round of funding. InstaCarro plans to use its new capital in part to capitalize on the shift and “aggressively” expand its reach within Brazil. Notably, U.S.-based
That’s just tiny fraction of the $125 million that online events platform Hopin raised last fall — in fact, a recent Equity episode suggested that Hopin might be the fastest growth story of the current startup era. “We don’t intend to compete with platforms in the B2C market.”
Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. million seed round led by Passion Capital, with plans to expand in South America, where it recently launched in Brazil. It recently closed a $1.4
Alex Tabor, Paul Ascher and Juan Pascual met each other on the engineering team of Peixe Urbano, a company Tabor co-founded and he referred to as a “Groupon for Brazil.” It boasts a customer list that includes the large Brazilian fashion chain Riachuelo, and its platform integrates with others including VTEX, Magento and WooCommerce.
As we celebrate Pride Month, we asked our team to share their thoughts and sentiments in commemorating this important month and movement. We are working on building a diverse team and ensuring that each member of the team that joins us feels their voice is valuable regardless of their identity. That’s not the case.
Childhood friends David Grandes and Andres Andrade, both originally from Ecuador, started Mimic in 2018 in Brazil as a dark kitchen-as-a-service, specializing in producing food at scale with online channel sales. The funding enables us to round out our product and our teams. We are also moving to be an embedded finance company.”.
Then it came to light that there wasn’t a dedicated team at Twitter for accessibility — instead, the company asked employees to volunteer their time on top of their usual work to focus on accessibility. And as part of that announcement, Twitter said it’s planning to add automated captions to audio and video on the platform by “early 2021.”.
Pipo Saude , a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a Series A round of funding. Nubank co-founder and CEO David Velez and Cedar co-founder and CEO Florian Otto (and former CEO of Groupon in Brazil) also joined in the round. Pipo Saude raises $4.6
You don’t hang out and spend meaningful time there,” said Alex Taub, co-founder and CEO of Upstream , a new professional networking platform that just closed a $2.75 We feel that we are the right team to solve this problem because we so desperately want it ourselves,” Taub said. “You don’t go to LinkedIn to meet people.
Secondly, the company believes the funding makes it the most valuable crypto platform in Latin America. Bitso says its “global-minded” product offerings fit the needs of local customers in Mexico, Argentina and now Brazil, where it just launched its retail operations. The news caught our attention for several reasons.
São Paulo-based Nuvemshop has developed an e-commerce platform that aims to allow SMBs and merchants to connect more directly with their consumers. Nuvemshop has seen the number of merchants on its platform surge to nearly 80,000 across Brazil, Argentina and Mexico compared to 20,000 at the start of 2020. billion in 2023. “In
But in markets like Brazil, the idea is still considered relatively novel. We spent two months studying possible paths, talking to people and investors in the United States, Brazil and Mexico, until we came up with the idea of creating an insurance company that can modernize the sector, starting with auto insurance.”. Here in the U.S.
This caught the attention of second-time entrepreneurs Bruno Ballardie and Fernando Zanatta, who started ZAX in 2019 to develop a platform that unites freight, delivery and payments tools to connect sellers and buyers in Brazil. ZAX’s addressable market for B2B transactions, just in Brazil, is estimated to be BRL 2.4
Pipefy was originally headquartered in Brazil, and since much of the startup’s R&D is still located in the country, and it has a significant presence there, the company was still considered for the SoftBank Latin America Fund, officials say. Since it originated in Brazil, it already has strong brand visibility in the country.
Founded by Douglas Storf, Ury Rappaport and Alexandre Takinami, Swap aims to empower companies to transform their financial operations via its APIs, which it says offers users “the infrastructure for various financial solutions, allowing them to monetize their platforms.”. In short, the company aims to be “LatAm’s fintech factory.”.
The company, in a statement, said it plans to utilize the funds for strategic hiring and further development of its platform. This was the main idea at this time as we saw a huge problem where there was no analytics platform for the offline store or a retargeting mechanism.”. Hence, the reason why Merak Capital backed the firm. “We
Founded in 2016, Pismo has racked up a list of big-name customers, including Banco Itaú (one of Brazil’s largest banks), BTG, Cora, N26 and Falabella. Its “platform” handles more than 4 billion API calls monthly and hosts more than 30 million accounts, which combined result in over $3.5 billion in transaction volume a month.
It plans to use the money to expand its business across Europe on the back of a platform that today is listing close to 4,000 homes in Italy, Spain and Portugal, and has to date (since being founded at the end of 2018) sold some 3,200 properties for an aggregate value of €1 billion, according to CEO and founder Giorgio Tinacci.
Divibank , a financing platform offering LatAm businesses access to growth capital, has closed on a $3.6 The company has built a data-driven financing platform aimed at giving businesses access to non-dilutive capital to finance their growth via revenue-share financing.
“In Brazil, Instagram is very popular, too, so many restaurants are using Instagram as a channel with us,” he said. OlaClick, which also counts Y Combinator among its backers, today has a presence in more than 20 nations, but identifies Brazil, Mexico and Colombia as their core markets.
Volpe also received a “large anchor investment” from its management team. Andre Maciel, Gregory Reider and Milena Oliveira are the fund’s founding partners, and are based in Sao Paulo, Brazil. So far, it’s backed Uol Edtech, a subsidiary of Grupo Uol that aims to redefine the digital learning experience in Brazil. . “We
Google says it’s starting the program with publishers in Germany, Australia, and Brazil, but says that it’s got “more to come soon.” Australia recently unveiled plans to force tech platforms to help pay for the free content they profit from. Google says a “new news experience” is launching later this year.
P.S. Speaking of words, the Equity team had a heck of a good time this week , in case you wanted a chatty dive through recent startup happenings. The cannabis labor market is growing startups : TechCrunch notes in this story that there are labor platforms being built to help particular industries hire. The TechCrunch Top 3.
In the AI arena, Arable s sophisticated analytics platform and award-winning sensor have attracted partnerships with tech giants like Google to help farmers cut water use and improve the health of some 65 crops in 50 countries.
Cross-border payments platform dLocal is one of the most notable Latin American startups in recent history — the company became Uruguay’s first unicorn in 2020 and went public on the Nasdaq in 2021. DLocal’s founders had first launched AstroPay, another digital payments platform that now has over five million users.
The round was co-led by Brazil-based Echo Capital and Oria Capital , with participation from TPG Capital , Argonautic Ventures , and others. While Spanish-speaking Latin America is driving some of its revenue, it is Brazil where Ambar is most present, Balbinot said. Three of these are located in the U.S., ”
Monkey’s goal, he said, is to solve SMEs frustrations by creating “a competitive environment that brings multiple financial institutions onto Monkey’s platform to compete for the purchase of SMEs’ receivables with top tier buyers.”. billion over the course of the year. Monkey had previously raised about $1.5
Collaboration across data science, business, and IT teams throughout the AI lifecycle also greatly impacts AI success. Lenovo Brazil needed to equalize the supply and demand for laptops and computers among the Brazilian retailers that received thousands of Lenovo products each week. They were also resource constrained. Rodrigo Bertin.
The National Supply Company (CONAB) from the Brazilian Ministry of Agriculture estimated corn production in Brazil at 102.6 As its startup market accelerates, Brazil could be in for an IPO bonanza. We are on the ideal timing and we have the perfect team to lead this movement in agribusiness.”.
Six years after the launch of the Mexico-based cryptocurrency exchange and financial services platform Bitso , the company revealed it has closed on $62 million in financing to capitalize on the cryptocurrency boom investors expect to hit Latin America. . The company’s first port of call will be Brazil. ”
Portão’s platform combined with its corporate card, according to Pereira, solves the problem by doing two things. Firstly, it builds a company policy configuration into the platform that approves transactions. “We We call it budgets; each gets configured into where employees can spend money, how much and when,” Pereira explains. “We
Yieldstreet — which provides a platform for making alternative investments in areas like real estate, marine/shipping, legal finance, commercial loans and other opportunities that were previously only open to institutional investors — announced Tuesday that it has raised $100 million in a Series C funding round. Some context.
Founded in August 2018, Truora was originally focused on background checks for gigster platforms. The company has offices in Colombia, Mexico, Brazil, Chile, Peru and San Francisco. Eventually, it also wants to expand further in Brazil. Today, 70% of the company’s leadership team are women and 45% of its staff are women.
Merama partners with e-commerce product sellers in Latin America by purchasing a stake in the businesses and working with their teams to help them “exponentially” grow and boost their technology while providing them with nondilutive working capital. It is currently focused on Mexico, Brazil, Argentina and Chile.
Cars are significantly more expensive in countries like Brazil than in the U.S. We want to offer a range of options to create a platform for urban mobility and create more possibilities for our customers.”. In fact, an estimated 75% of Latin Americans cannot own a vehicle because of the high cost of acquisition and maintenance.
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