FJ Labs

FJ Labs is a venture capital firm based in New York, founded in 2015 by Fabrice Grinda. The firm is stage-agnostic, focusing on marketplaces and consumer-facing startups, with a particular emphasis on sectors such as B2B, B2C, financial services, mobile technology, advertisement technology, e-commerce, food technology, gaming, health technology, real estate technology, restaurant technology, ridesharing, SaaS, and virtual reality. FJ Labs invests primarily in seed and Series A rounds, with an investment range between $50,000 and $5,000,000. The firm has backed notable companies including Alibaba Group, Beepi, BrightRoll, Betterment, ADORE ME, and Earnest.

Matias Barbero

Venture Capital

Zineb Belghiti

Analyst

Camila Bustamante

Investor

William Guillouard

Operating Partner

Arne Halleraker

Partner

Erez Kalir

Venture Partner

Chris Keshian

Investor

Ariel Lebowits

CFO

Jose Marin

Founding Partner

Anshul Ruparell

Founder

Luke Skertich

Investor

Andrea Xu

Investor

Past deals in Brazil

QI Tech

Secondary Market in 2023
QI TECH is a fintech that will disrupt the credit market, headquartered in São Paulo, Brazil. Much more than providing efficiency for a complex, outdated and bureaucratic financial industry, we are focused on developing a new (and truly digital) way of raising money and investing in credit assets. From the companies perspective, we are building a digital platform and redesigning the lending experience. For the investors, we will facilitate access to the unexplored credit market, providing easy access to strongly collateralized credit assets. Improving access to both sides of this market will increase the overall industry efficiency and consequently we foster the entire economic growth. Culture is one of our most important assets and it is built by people. We need engagement and people that actually change the world with strong opinions and actions, participating in the building process and always thinking on the client. We strongly believe that only with strong values we will reach impact we desire.

Caju

Series B in 2022
At Caju we are creating a benefits platform for the teams of the future. Starting with benefits used every day by most employees, we want teams to use products and services they like and that are fair to merchants and partners. We'll launch soon!

SAKS

Seed Round in 2022
Saks is assisting in the transformation of the way people save money. It provides accumulation plans and investment options in a model that incorporates recurrence, diversification, and tax advantages. They also serve as a marketplace for life and pension brokers.

Cayena

Series A in 2022
Poupachef offers a single point procurement solution for restaurants to shop for daily supplies in a simple, fast and affordable way. Restaurant owners can reduce the time it takes to replace inventory from 2 hours to 10 minutes per day and save up to 30% through group buying effects and our smart supplier allocation technology. We help transforming great restaurants into great businesses.

Latitud

Seed Round in 2022
Founded in 2020, Latitud is a venture capital investment firm based in Sao Paulo, Brazil. The firm seeks to invest in Latin America-based companies operating in the technology sector.

Hubla

Series A in 2021
Hubla is a technology company that enables creators to run their own paid community by providing a smart and fast payment and member management platform. It aims to give people the freedom to work doing what they love while also earning a living by sharing their talent and expertise with the rest of the world. The company was founded in 2020 and is headquartered in So Paulo, Brazil.

Oico

Seed Round in 2021
Oico operates an online marketplace that facilitates the buying and management of building materials for small retailers and contractors. The platform enhances the purchasing experience by digitizing the order process and utilizing a network of local stores to expedite delivery. It offers various services, including order management, price quotes, invoicing, order tracking, and payment processing, which collectively improve product availability and operational efficiency for independent shopkeepers. By streamlining these processes, Oico supports small businesses in optimizing their operations and fostering growth within the building and maintenance materials sector.

SWAP

Series A in 2021
SWAP is a company that focuses on transforming financial operations for businesses through innovative technology and a unique business model. It provides modular payment solutions via APIs, enabling clients to create comprehensive financial ecosystems that include services such as pre-paid cards, digital wallets, and various financial services. By facilitating secure integrations, SWAP's platform allows for seamless disbursement and collection of funds, bill payments, peer-to-peer transactions using QR codes, and prepaid cell phone recharging. This approach not only enhances the user experience but also enables companies to develop new revenue streams and expand their core services, effectively fostering an internal fintech environment.

Favo

Series A in 2021
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.

Favo

Series A in 2021
Favo is a supermarket shopping community that connects local entrepreneurs and neighbors.

Zax

Series A in 2021
Zax operates an online marketplace that facilitates product discovery and sales across various categories, including apparel, footwear, beauty products, accessories, home products, and cosmetics. The platform connects bulk buyers and sellers, primarily serving shopkeepers in Latin America. By providing essential services such as marketing, trust, payment, credit, and logistics, Zax enables suppliers and resellers to efficiently conduct transactions and expand their businesses. This comprehensive approach supports the growth of local enterprises by streamlining their purchasing and selling processes.

Ripio

Series B in 2021
Ripio, previously known as Bitpagos, is a financial payments company that provides electronic payment solutions in Latin America, utilizing blockchain technology to enhance accessibility to financial services. The company caters to businesses by enabling them to process international transactions using credit cards and bitcoins at reduced costs. Additionally, Ripio allows consumers to purchase bitcoins instantly with cash. Its online cryptocurrency trading platform facilitates convenient trading in bitcoin through digital wallets, offering merchants the option to receive payments in local currency or bitcoins. The company also provides a credit line feature for financing payments in installments, serving clients across Argentina, Brazil, Chile, and Ecuador.

Cayena

Series A in 2021
Poupachef offers a single point procurement solution for restaurants to shop for daily supplies in a simple, fast and affordable way. Restaurant owners can reduce the time it takes to replace inventory from 2 hours to 10 minutes per day and save up to 30% through group buying effects and our smart supplier allocation technology. We help transforming great restaurants into great businesses.

Cayena

Series A in 2021
Poupachef offers a single point procurement solution for restaurants to shop for daily supplies in a simple, fast and affordable way. Restaurant owners can reduce the time it takes to replace inventory from 2 hours to 10 minutes per day and save up to 30% through group buying effects and our smart supplier allocation technology. We help transforming great restaurants into great businesses.

Caju

Series A in 2021
At Caju we are creating a benefits platform for the teams of the future. Starting with benefits used every day by most employees, we want teams to use products and services they like and that are fair to merchants and partners. We'll launch soon!

InstaCarro

Series B in 2021
InstaCarro Comercio de Veiculos Ltda. is an online platform based in Sao Paulo, Brazil, that facilitates the buying and selling of cars. Established in 2015, the company provides a marketplace where individuals can sell their used vehicles directly to professional traders. InstaCarro offers sellers the convenience of online quotes, competitive pricing, and immediate payment following vehicle inspection. For buyers, the platform features a wide inventory of inspected cars, along with transparency through detailed photos and reports. Additionally, it guarantees an immediate return if a purchased vehicle does not match the reported conditions. By simplifying the car selling and buying process, InstaCarro aims to deliver value to both sellers and buyers in the automotive market.

Daki

Venture Round in 2021
Operator of a grocery delivery application platform intended to offer multi-category grocery supplies to customers. The company's platform acts as a digital supermarket to offer day-to-day necessities and also provides home delivery services, enabling users to easily order from their homes via a mobile application.

Osana

Series A in 2021
Osana provides subscription based affordable healthcare in LATAM

Nubank

Series G in 2021
Nubank issues, administrate, processes, and transfers payments related to post-paid credit cards and equity investment in other entities. It serves clients in Brazil. The company launched its proprietary loyalty rewards program ("Nubank Rewards"), as well as a digital account ("NuConta") that is already used by more than 17 million people. In Cristina Junqueira, David Velez, and Edward Wible founded EO2 Solucoes de Pagamento on May 6, 2013 that became Nubank in on June 25, 2013. It has its headquarters in São Paulo in Brazil.

Shopper

Series B in 2021
Industry leading NPS, Shopper.com.br is the best replenishment system for Brazilian consumers. "Reducing our loss of time and money with repetitive activities" Shopper.com.br is a startup whose mission is to build a more efficient world, where essential products arrive at people's homes as easily as water arrives at the tap. Our view of "efficiency" is complete: we look at both the waste of resources along the production and distribution chain of products and services (which generate unnecessarily high prices for the final consumer), and the waste of resources and time that end consumers spend to find, buy and enjoy these products and services. Our mission is to build a more efficient world in this direction. A world where people lose less money and time with monotonous, routine, everyday, unnecessary activities. We want to build such a world using innovative technology and business models, always with highly qualified and committed people on the team. Our first challenge is to improve the efficiency of the distribution chain and supply of essential consumer products: cleaning products, personal hygiene and non-perishable food. We do this through our online platform for monthly sales and deliveries of grocery products. Our recurrence model allows us to have no inventory and have high predictability of demand, generating efficiency, which is passed on to consumers in the form of lower prices (~10% cheaper).

Letz

Series A in 2021
Letz is a corporate transport company based in São Paulo, Brazil, founded in 2019. The company specializes in providing safe and comfortable transportation services for workers, facilitating daily commutes between home and the workplace. Letz operates an online platform that connects self-employed drivers with individuals seeking transportation. Its services include professional drivers, fixed travel routes, and the flexibility to update or cancel rides, ensuring convenience and security for employees.

BXblue

Series A in 2021
BXblue is a digital marketplace for personal loans in Brazil, focusing on pensioners and government workers who can secure loans against their guaranteed income. This model allows banks to deduct payments directly from paychecks, resulting in interest rates significantly lower than those of conventional credit cards. Payroll-secured loans are the most affordable personal loan option in Brazil, comprising 60% of the country's personal loan market, which is valued at approximately $40 billion annually and has historically operated offline. BXblue aims to transition this entire market online by providing a platform that simplifies the loan contracting process. The platform enables users to access multiple bank offers, receive alerts on falling interest rates for refinancing, and stay informed about important account updates, allowing borrowers to choose their preferred bank for loan services.

Conta Simples

Seed Round in 2020
Conta Simples Soluções De Pagamentos Ltda is a Brazilian company based in São Paulo that specializes in providing digital banking solutions for small and medium-sized enterprises. Established in 2018, it offers a range of services, including the issuance of credit cards, processing of credit card transactions, and a mobile application designed to facilitate the management of multiple corporate cards. The company's primary product is a digital account tailored specifically for the needs of Brazilian businesses, addressing the unique challenges they face in managing their financial operations.

Olist

Series D in 2020
Olist is an online e-commerce platform based in Curitiba, Brazil, that facilitates connections between sellers and major Brazilian marketplaces. Founded in 2015, the company provides a comprehensive platform for shopkeepers of various sizes and sectors to register and sell their products through prominent retailers. Olist aims to streamline the selling process for entrepreneurs by enabling them to advertise and sell their products without complications, thereby enhancing their reach to international marketplaces. The company emphasizes a sustainable and fair business model, focusing on delivering excellent services to both merchants and consumers.

ViajaNet

Venture Round in 2020
ViajaNet operates an online travel agency. It sells airline tickets, pre-assembled travel packages, hotel stays, travel insurance, and other facilities linked to tourism. Alex Todres and Bob Rossato founded ViajaNet in 2009. It has its headquarters in São Caetano do Sul in Brazil.

Nuvemshop

Series C in 2020
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online business easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

SWAP

Seed Round in 2020
SWAP is a company that focuses on transforming financial operations for businesses through innovative technology and a unique business model. It provides modular payment solutions via APIs, enabling clients to create comprehensive financial ecosystems that include services such as pre-paid cards, digital wallets, and various financial services. By facilitating secure integrations, SWAP's platform allows for seamless disbursement and collection of funds, bill payments, peer-to-peer transactions using QR codes, and prepaid cell phone recharging. This approach not only enhances the user experience but also enables companies to develop new revenue streams and expand their core services, effectively fostering an internal fintech environment.

Shopper

Series A in 2020
Industry leading NPS, Shopper.com.br is the best replenishment system for Brazilian consumers. "Reducing our loss of time and money with repetitive activities" Shopper.com.br is a startup whose mission is to build a more efficient world, where essential products arrive at people's homes as easily as water arrives at the tap. Our view of "efficiency" is complete: we look at both the waste of resources along the production and distribution chain of products and services (which generate unnecessarily high prices for the final consumer), and the waste of resources and time that end consumers spend to find, buy and enjoy these products and services. Our mission is to build a more efficient world in this direction. A world where people lose less money and time with monotonous, routine, everyday, unnecessary activities. We want to build such a world using innovative technology and business models, always with highly qualified and committed people on the team. Our first challenge is to improve the efficiency of the distribution chain and supply of essential consumer products: cleaning products, personal hygiene and non-perishable food. We do this through our online platform for monthly sales and deliveries of grocery products. Our recurrence model allows us to have no inventory and have high predictability of demand, generating efficiency, which is passed on to consumers in the form of lower prices (~10% cheaper).

Oico

Seed Round in 2020
Oico operates an online marketplace that facilitates the buying and management of building materials for small retailers and contractors. The platform enhances the purchasing experience by digitizing the order process and utilizing a network of local stores to expedite delivery. It offers various services, including order management, price quotes, invoicing, order tracking, and payment processing, which collectively improve product availability and operational efficiency for independent shopkeepers. By streamlining these processes, Oico supports small businesses in optimizing their operations and fostering growth within the building and maintenance materials sector.

Zax

Pre Seed Round in 2020
Zax operates an online marketplace that facilitates product discovery and sales across various categories, including apparel, footwear, beauty products, accessories, home products, and cosmetics. The platform connects bulk buyers and sellers, primarily serving shopkeepers in Latin America. By providing essential services such as marketing, trust, payment, credit, and logistics, Zax enables suppliers and resellers to efficiently conduct transactions and expand their businesses. This comprehensive approach supports the growth of local enterprises by streamlining their purchasing and selling processes.

Revelo

Series B in 2019
Revelo Brasil is a staffing and recruiting company that specializes in connecting companies with tech professionals and software developers in Latin America. The company offers a digital recruiting platform that allows knowledge workers to create free professional profiles. Utilizing machine learning and adaptive technical tools, Revelo curates a network of above-average professionals and matches them with innovative companies. The platform focuses on high-demand careers including finance, software development, design, online marketing, and management consulting. By centering the profiles of Brazilian job seekers, Revelo enables companies to efficiently source, screen, and recruit talent that fits specific roles.

Borzo

Series A in 2018
Dostavista is a global crowdsourced same-day delivery service. It was founded in 2012, in Moscow, Russia by a serial entrepreneur Mike Aleksandrovskiy. Having raised a little over $5m, today the service operates in 11 countries across the globe, including India (http://www.wefast.in), Korea (https://quickers.co.kr/), Brazil (https://www.clickentregas.com/) , Mexico https://dostavista.mx/), Indonesia (https://mrspeedy.co/), Turkey (https://hemengetir.com.tr/), Vietnam (https://mrspeedy.vn/), Thailand (https://mrspeedy.in.th/), Philippines (https://mrspeedy.ph/), Malaysia (https://mrspeedy.my/) Dostavista takes the pain away from the usually tedious or chaotic delivery routine, making it possible to deliver a package within hours of purchase. For each country it offers a special formula that consists of various delivery types, payment options and tariffs. The most ubiquitous set of options includes delivery by foot, bike and car. Vans and large trucks are available in some countries as well. Common for all markets is the convenience of hassle free ordering from desktop, mobile or via api, as well as real time order monitoring. Dostavista uses “Uber-like” model: in order to start working, prospective couriers need to install the app and create an account. After verification and attestation, they can start delivering parcels around the city. Couriers can choose to work just a few hours a day on the way to university, or they can work full time and have orders assigned to them automatically by company’s smart robot. Dostavista develops proprietary algorithms that evaluate several dozen features in real-time and pick the best courier for the job. Special attention is paid to the quality of service and theft prevention. Delivery is verified by scanning of QR code, recipient signature and photo of the parcel. Smart contracts manage the release of payments and fees. Orders can also be insured. Over 200k shops use Dostavista worldwide, including big chains such as Krispy Kreme(in Russia and Turkey) and Euroset - Russia's largest electronic retail chain. Scale and experience from numerous markets with different mentalities help Dostavista achieve its goal of making delivery invisible.

InstaCarro

Series A in 2018
InstaCarro Comercio de Veiculos Ltda. is an online platform based in Sao Paulo, Brazil, that facilitates the buying and selling of cars. Established in 2015, the company provides a marketplace where individuals can sell their used vehicles directly to professional traders. InstaCarro offers sellers the convenience of online quotes, competitive pricing, and immediate payment following vehicle inspection. For buyers, the platform features a wide inventory of inspected cars, along with transparency through detailed photos and reports. Additionally, it guarantees an immediate return if a purchased vehicle does not match the reported conditions. By simplifying the car selling and buying process, InstaCarro aims to deliver value to both sellers and buyers in the automotive market.

Mandaê

Series B in 2018
Mandaê Serviços de Consultoria em Logística LTDA provides air logistics services for packing and delivery. The company was incorporated in 2014 and is based in São Paulo, Brazil.

Olist

Series B in 2018
Olist is an online e-commerce platform based in Curitiba, Brazil, that facilitates connections between sellers and major Brazilian marketplaces. Founded in 2015, the company provides a comprehensive platform for shopkeepers of various sizes and sectors to register and sell their products through prominent retailers. Olist aims to streamline the selling process for entrepreneurs by enabling them to advertise and sell their products without complications, thereby enhancing their reach to international marketplaces. The company emphasizes a sustainable and fair business model, focusing on delivering excellent services to both merchants and consumers.

RecargaPay

Series B in 2018
RecargaPay Payments Ltda. operates a mobile prepaid top-up platform in Brazil and Latin America, focused on providing essential payment services to both banked and unbanked consumers. Founded in 2010 and headquartered in São Paulo, with an additional office in Buenos Aires, RecargaPay aims to democratize mobile payments and financial services. The company facilitates a variety of transactions, including airtime top-ups, utility bill payments, and other financial services, creating a comprehensive mobile money ecosystem. RecargaPay allows users to easily cash in and cash out through various methods such as credit and debit cards, loans, QR codes, and mobile point-of-sale systems. With the goal of transforming payment experiences, the company has successfully raised over $63 million in venture capital from a range of investors.

Rappi

Series C in 2018
Rappi S.A.S. is an online delivery platform that offers a variety of services, including food, grocery, and clothing delivery. Founded in 2015 and headquartered in Bogotá, Colombia, the company operates in several Latin American countries, including Argentina, Brazil, Chile, Mexico, Peru, and Uruguay. Rappi connects consumers with independent contractors who fulfill their orders, making it a versatile choice for those seeking convenience in their shopping needs. The platform has gained popularity for its ability to deliver a wide range of products quickly and efficiently.

Loft

Series A in 2018
Loft Holdings Ltd operates Loft, a digital platform based in São Paulo, Brazil, that revolutionizes the real estate market by facilitating the buying, selling, and exchanging of residential properties. Founded in 2018, Loft serves as Brazil's first transactional marketplace for residential real estate, catering to individuals, brokers, and publicly listed real estate investment trusts managed by the company. The platform leverages proprietary transaction data and a comprehensive digital workflow to streamline the homebuying experience, integrating various related services to enhance user convenience. With its searchable database, users can easily find and evaluate properties, allowing for transparent and efficient real estate transactions.

Ingresse

Series B in 2017
Ingresse is a Brazilian social ticketing company that enables people to discover the concerts, nightclubs, parties, and theater plays of their choice. It connects organizers to their audience through an intuitive platform. Any user can post an event on Ingresse. Event creation is crowdsourced to organizers and performers. Through the platform, people have the ability to learn which of their friends will be attending specific events, where these friends will be sitting in the venue, and browse their friends’ opinions and reviews. Organizers can download Ingresse's mobile apps to validate their tickets at the door, turning their phones into scanners. The company's aim is to help people finding the right events and getting them in. Ingresse was founded in 2012.

InstaCarro

Series A in 2017
InstaCarro Comercio de Veiculos Ltda. is an online platform based in Sao Paulo, Brazil, that facilitates the buying and selling of cars. Established in 2015, the company provides a marketplace where individuals can sell their used vehicles directly to professional traders. InstaCarro offers sellers the convenience of online quotes, competitive pricing, and immediate payment following vehicle inspection. For buyers, the platform features a wide inventory of inspected cars, along with transparency through detailed photos and reports. Additionally, it guarantees an immediate return if a purchased vehicle does not match the reported conditions. By simplifying the car selling and buying process, InstaCarro aims to deliver value to both sellers and buyers in the automotive market.

Trocafone

Venture Round in 2017
Trocafone is an online marketplace in Brazil that specializes in the buying and selling of used electronics, primarily smartphones. The platform enhances the experience for both buyers and sellers by acquiring devices from sellers, refurbishing them, and re-selling them as certified pre-owned. This model allows buyers to benefit from the affordability of a peer-to-peer marketplace while enjoying the service and security typically associated with retail stores. For sellers, Trocafone offers a streamlined process that simplifies the selling experience; items can be sold in seconds, and shipping is made easy with pre-addressed, pre-stamped mailers.

Trocafone

Series B in 2017
Trocafone is an online marketplace in Brazil that specializes in the buying and selling of used electronics, primarily smartphones. The platform enhances the experience for both buyers and sellers by acquiring devices from sellers, refurbishing them, and re-selling them as certified pre-owned. This model allows buyers to benefit from the affordability of a peer-to-peer marketplace while enjoying the service and security typically associated with retail stores. For sellers, Trocafone offers a streamlined process that simplifies the selling experience; items can be sold in seconds, and shipping is made easy with pre-addressed, pre-stamped mailers.

Meliuz

Series B in 2017
MÉLIUZ S.A. operates a cashback program in Brazil. Its portal that offers free of charge, discount coupons from the online stores and returns part of the amount spent directly to the bank account. The company was founded in 2011 and is based in Belo Horizonte, Brazil.

WEEL

Series A in 2017
Weel is an information technology company that specializes in providing the key to growth for Brazilian SMEs. It features an artificial intelligence platform to finance small and medium-sized companies through the prepayment of receivables. The company was founded in 2016 and headquartered in Sao Paulo, Brazil.

Nuvemshop

Series B in 2017
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online business easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.

Rappi

Venture Round in 2017
Rappi S.A.S. is an online delivery platform that offers a variety of services, including food, grocery, and clothing delivery. Founded in 2015 and headquartered in Bogotá, Colombia, the company operates in several Latin American countries, including Argentina, Brazil, Chile, Mexico, Peru, and Uruguay. Rappi connects consumers with independent contractors who fulfill their orders, making it a versatile choice for those seeking convenience in their shopping needs. The platform has gained popularity for its ability to deliver a wide range of products quickly and efficiently.

Ingresse

Convertible Note in 2016
Ingresse is a Brazilian social ticketing company that enables people to discover the concerts, nightclubs, parties, and theater plays of their choice. It connects organizers to their audience through an intuitive platform. Any user can post an event on Ingresse. Event creation is crowdsourced to organizers and performers. Through the platform, people have the ability to learn which of their friends will be attending specific events, where these friends will be sitting in the venue, and browse their friends’ opinions and reviews. Organizers can download Ingresse's mobile apps to validate their tickets at the door, turning their phones into scanners. The company's aim is to help people finding the right events and getting them in. Ingresse was founded in 2012.

Rappi

Series B in 2016
Rappi S.A.S. is an online delivery platform that offers a variety of services, including food, grocery, and clothing delivery. Founded in 2015 and headquartered in Bogotá, Colombia, the company operates in several Latin American countries, including Argentina, Brazil, Chile, Mexico, Peru, and Uruguay. Rappi connects consumers with independent contractors who fulfill their orders, making it a versatile choice for those seeking convenience in their shopping needs. The platform has gained popularity for its ability to deliver a wide range of products quickly and efficiently.

Meliuz

Series A in 2016
MÉLIUZ S.A. operates a cashback program in Brazil. Its portal that offers free of charge, discount coupons from the online stores and returns part of the amount spent directly to the bank account. The company was founded in 2011 and is based in Belo Horizonte, Brazil.

Rappi

Series A in 2016
Rappi S.A.S. is an online delivery platform that offers a variety of services, including food, grocery, and clothing delivery. Founded in 2015 and headquartered in Bogotá, Colombia, the company operates in several Latin American countries, including Argentina, Brazil, Chile, Mexico, Peru, and Uruguay. Rappi connects consumers with independent contractors who fulfill their orders, making it a versatile choice for those seeking convenience in their shopping needs. The platform has gained popularity for its ability to deliver a wide range of products quickly and efficiently.

Rappi

Series A in 2016
Rappi S.A.S. is an online delivery platform that offers a variety of services, including food, grocery, and clothing delivery. Founded in 2015 and headquartered in Bogotá, Colombia, the company operates in several Latin American countries, including Argentina, Brazil, Chile, Mexico, Peru, and Uruguay. Rappi connects consumers with independent contractors who fulfill their orders, making it a versatile choice for those seeking convenience in their shopping needs. The platform has gained popularity for its ability to deliver a wide range of products quickly and efficiently.

InstaCarro

Seed Round in 2016
InstaCarro Comercio de Veiculos Ltda. is an online platform based in Sao Paulo, Brazil, that facilitates the buying and selling of cars. Established in 2015, the company provides a marketplace where individuals can sell their used vehicles directly to professional traders. InstaCarro offers sellers the convenience of online quotes, competitive pricing, and immediate payment following vehicle inspection. For buyers, the platform features a wide inventory of inspected cars, along with transparency through detailed photos and reports. Additionally, it guarantees an immediate return if a purchased vehicle does not match the reported conditions. By simplifying the car selling and buying process, InstaCarro aims to deliver value to both sellers and buyers in the automotive market.

Meliuz

Seed Round in 2015
MÉLIUZ S.A. operates a cashback program in Brazil. Its portal that offers free of charge, discount coupons from the online stores and returns part of the amount spent directly to the bank account. The company was founded in 2011 and is based in Belo Horizonte, Brazil.

Ticketbis

Series E in 2015
Ticketbis is a ticket marketplace that allows users to buy and sell tickets for a variety of events, including concerts, festivals, theater performances, and sporting events. Founded in December 2009 by Jon Uriarte and Ander Michelena, the company is headquartered in Madrid, Spain, and serves over one million customers globally. Ticketbis has expanded its operations to multiple countries, including Italy, Portugal, the United Kingdom, Brazil, Mexico, Argentina, India, Japan, and New Zealand, facilitating access to events worldwide.

RecargaPay

Venture Round in 2014
RecargaPay Payments Ltda. operates a mobile prepaid top-up platform in Brazil and Latin America, focused on providing essential payment services to both banked and unbanked consumers. Founded in 2010 and headquartered in São Paulo, with an additional office in Buenos Aires, RecargaPay aims to democratize mobile payments and financial services. The company facilitates a variety of transactions, including airtime top-ups, utility bill payments, and other financial services, creating a comprehensive mobile money ecosystem. RecargaPay allows users to easily cash in and cash out through various methods such as credit and debit cards, loans, QR codes, and mobile point-of-sale systems. With the goal of transforming payment experiences, the company has successfully raised over $63 million in venture capital from a range of investors.

Ticketbis

Series A in 2011
Ticketbis is a ticket marketplace that allows users to buy and sell tickets for a variety of events, including concerts, festivals, theater performances, and sporting events. Founded in December 2009 by Jon Uriarte and Ander Michelena, the company is headquartered in Madrid, Spain, and serves over one million customers globally. Ticketbis has expanded its operations to multiple countries, including Italy, Portugal, the United Kingdom, Brazil, Mexico, Argentina, India, Japan, and New Zealand, facilitating access to events worldwide.

VivaReal

Seed Round in 2011
VivaReal is an online real estate marketplace that connects buyers, sellers, and renters with properties in Brazil. It enables its users to sell, buy, rent, or invest in residential and commercial properties, vacation homes, beachfront properties, and investment properties. VivaReal lists approximately 5 million properties on its site and has over 15 million visits every month. The company was launched in 2009 and is based in São Paulo, Brazil.

55social

Seed Round in 2011
55social is a content optimization platform for social networks that helps brands manage their social media and analyze their results. It also helps firms reach out and monetize their social media. The company was founded in 2011 by IG Expansion, Brazilian entrepreneurs and Redpoint Ventures to provide tech-based solutions for the Brazilian social media market, which was, and still is, growing. The company has offices in Brazil and Argentina. Its Brazilian office has commercial and customer service operations, with approximately 40 employees. In Argentina, is located the software development operations, with approximately 30 employees.
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