The document provides a report on top business models in Brazil's tech sector, detailing funding amounts and investor activity over the past year. Key highlights include digital native retail banks leading with $700 million in funding, followed by alternative lending and home improvement sectors. The report also outlines specific companies, notable funding rounds, and geographical distribution of investments.

1. TRACXN TOP BUSINESS MODELS REPORT
January 29, 2021
BRAZIL TECH

2. Brazil Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
BrazilBrazil Tech Funding - Overview 3
Top Funded Business Models 4
One pagers 9
Appendix 59
2

3. Brazil Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Funding in last 1 year
3
Banking Tech $1.1B
Alternative Lending $598M
Home Improvements $190M
Mobile Gaming $120M
Security & Surveillance
Technology
$108M
MarketingTech $102M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Canary
Y Combinator
Onevc
8
5
4
Early
Stage
Valor
Redpoint eventures
Kaszek Ventures
4
4
3
Late
Stage
Kaszek Ventures
Advent International
LGT Lightstone
4
3
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Nubank
(2013, Sao Paulo)
$400M - Series G
Nubank
(2013, Sao Paulo)
$300M - Series F
Neon
(2016, Sao Paulo)
$300M - Series C
Creditas
(2012, Sao Paulo)
$255M - Series E
Creditas
(2012, Sao Paulo)
$255M - Series E
MadeiraMadeira
(2009, Curitiba)
$190M - Series E
Conductor
(1997, Sao Paulo)
$150M - Series D
Wildlife Studios
(2011, Sao Paulo)
$120M - Series B
Acesso
(2007, Sao Paulo Do Potengi)
$107M - Series B
Nelogica
(2003, Porto Alegre)
$105M - Series D
Take Blip
(1999, Sao Paulo)
$100M - Series A
C6bank
(2018, Sao Paulo)
$96.9M - Series C
Sao Paulo (78%)
Curitiba (8%)
Sao Paulo Do Potengi (3%)
Porto Alegre (3%)
Campinas (2%)
Others (5%)

4. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Brazil Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1<> 0 Digital Native Retail Banks $700M 2 Nubank | $400M | Series G Link
2▲5
Internet First Retail Bank with Partner Bank's
License
$300M 1 Neon | $300M | Series C Link
3▲2
Alternative Lending > Online Lenders > Diversified >
Direct Lender
$255M 1 Creditas | $255M | Series E Link
4<> 0
Alternative Lending > Online Lenders > Consumer
Loans > Asset Backed Loans > Diversified > Ma..
$255M 1 Creditas | $255M | Series E Link
5▲1 Online Retailer of Home Improvement Products $190M 1 MadeiraMadeira | $190M | Series E Link
6-- Payment Card Issuer Processors $170M 2 Conductor | $150M | Series D Link
7▲1 Mobile Casual Game Developers $120M 1 Wildlife Stud.. | $120M | Series B Link
8▲25 Facial Biometrics $107M 1 Acesso | $107M | Series B Link
9--
Chatbots > Chatbot Development > Conversational
AI Development > Low Code Platform
$100M 1 Take Blip | $100M | Series A Link
10-- Car Subscription $85.1M 1 VAI | $85.1M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Brazil Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Long Haul Trucking Marketplace $82.8M 2 Cargo X | $80.0M | Series E Link
12▼1
End to End E Commerce Solutions for Marketplace
Sellers
$58.2M 1 Olist | $58.2M | Series D Link
13--
Road Transport Tech > Self Drive Rentals > Tech
Enablers > Micromobility > Bicycle
$47.0M 1 Tembici | $47.0M | Series B Link
14-- Crop Tech > Autonomous Farming > Diversified $40.0M 1 Solinftec | $40.0M | Series B Link
15-- Cryptocurrency Exchanges $37.6M 1 Mercado Bitc.. | $37.6M | Series C Link
16▲26
Big Data Analytics > Enterprise Solutions > Sales &
Marketing > Marketing > Social Media Anal..
$31.7M 1 Cortex Intel.. | $31.7M | Series B Link
17-- Proprietary Shopping Cart Software $30.0M 1 Nuvemshop | $30.0M | Series C Link
18-- Online Business Payments $22.6M 1 Iugu | $22.6M | Series A Link
19--
Payments > Enablers > White Label Solutions >
Wallets
$20.4M 2 Zoop | $11.4M | Series B Link
20-- Banking-as-a-platform via Open Banking APIs $18.4M 5 Quanto | $15.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Brazil Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21--
Logistics Tech > Freight > Trucking > Heavy Cargo >
Listings
$17.0M 1 Fretebras | $17.0M | Series B Link
22▲17 Removable Orthodontic Devices $10.0M 1 SouSmile | $10.0M | Series A Link
23▼7
Online Grocery > B2C Ecommerce > Recipe Box >
Meals
$7.8M 1 Liv Up | $7.8M | Series B Link
24▼21 Internet First Residential Real Estate Brokers $7.6M 2 Kzas | $4.0M | Seed Link
25--
Healthcare IT > Value Based Care > Remote
Monitoring > Hardware > Other Devices
$7.1M 1 Hi Technologies | $7.1M | Series B Link
26-- Diversified Medical Devices > Devices $7.1M 1 Hi Technologies | $7.1M | Series B Link
27▲13 Applicant Tracking System $6.8M 1 Gupy | $6.8M | Series A Link
28▲25
Finance & Accounting Tech > Financial Planning &
Analysis > Financial Analytics
$6.5M 1 Accountfy | $6.5M | Series A Link
29▲26
Employee Health IT > Tech Enabled Services >
Teleconsultation > Second Opinion
$6.0M 1 MedPass | $6.0M | Series A Link
30-- Electronics Refurbishing Platforms $5.8M 1 Trocafone | $5.8M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Brazil Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- Low code BPM Platform $5.0M 1 Digibee | $5.0M | Series A Link
32--
HRTech > Benefits Administration > Financial
Benefits > Salary Linked Loans
$5.0M 1 Facio | $5.0M | Seed Link
33--
Alternative Lending > Online Lenders > Consumer
Loans > Payday Loans > Through Employer > Div..
$5.0M 1 Facio | $5.0M | Seed Link
34--
Employee Health IT > Tech Enabled Services >
Physical Fitness > Online Community
$4.6M 1 Pipo Saúde | $4.6M | Seed Link
35--
Healthcare IT > Provider > Clinical Operations >
Decision Support > Therapy Plan > Medication..
$4.5M 1 Memed | $4.5M | Series B Link
36▲29 Mental Health Teleconsultation $4.1M 2 Zenklub | $3.0M | Seed Link
37-- Corporate Tax Accounting Software $4.0M 1 ArquiveiOficial | $4.0M | Series A Link
38--
Renewable Energy Tech > Solar Energy >
ECommerce > Project Development Services >
Marketplace
$4.0M 1 Solfácil | $4.0M | Series A Link
39-- Hardware Security Module (HSM) $3.8M 1 Kryptus | $3.8M | Series A Link
40▲24
Healthcare IT > Provider > Telemedicine Solutions >
Tele-health Platform > Mental health
$3.0M 1 Zenklub | $3.0M | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Brazil Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41-- Indoor Hydroponics Farming $3.0M 1 BeGreen | $3.0M | Seed Link
42-- P2P Cars Marketplace $2.7M 1 Carflix | $2.7M | Series A Link
43▲7 Employee Wellness Administration $2.5M 1 ViBe | $2.5M | Seed Link
44-- Personal Health Record Management Apps $2.5M 1 ViBe | $2.5M | Seed Link
45--
Employee Health IT > Tech Enabled Services >
Physical Fitness
$2.5M 2 Pipo Saúde | $4.6M | Seed Link
46▲20 Geospatial Analytics for Farms $2.0M 1 TerraMagna | $2.0M | Seed Link
47-- Home Building Supplies B2B Marketplaces $1.6M 2 Oico | $1.5M | Seed Link
48-- Influencer Marketing $1.5M 1 Spark | $1.5M | Seed Link
49--
Online Photos > Editing > Graphic Design Tools >
Personal Invitations
$1.5M 1 FestaLab | $1.5M | Seed Link
50-- Second Hand Fashion Marketplace $1.4M 1 Repassa | $1.4M | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Digital Native Retail Banks - Brazil
01
9
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$700M (▲75%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$1.5B
2
-
7
1
Banking Tech (C6bank)
(# Cos: 66 | $2.1B)
Internet First Banks (Neon)
(# Cos: 29 | $2.0B)
Digital Native Banks (Conta Simples)
(# Cos: 10 | $1.5B)
Retail Banking (Nubank)
(# Cos: 7 | $1.5B)
Nubank
(2013, Sao Paulo, $1.5B)
Agibank
(1999, Porto Alegre)
Acesso Bank
(2013, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nubank (2013, Sao Paulo)
$400M - Series G - Jan 2021
Nubank (2013, Sao Paulo)
$300M - Series F - Aug 2020

10. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Internet First Retail Bank with Partner Bank's
License - Brazil
02
10
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$300M (▲215%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$417M
2
-
8
1
Banking Tech (Jeitto)
(# Cos: 66 | $2.1B)
Internet First Banks (Nubank)
(# Cos: 29 | $2.0B)
Through Bank Partnerships (C6bank)
(# Cos: 16 | $525M)
Retail Banking (Neon)
(# Cos: 8 | $417M)
Neon
(2016, Sao Paulo, $417M)
Jeitto
(2014, Sao Paulo)
Superdigital
(2017, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Neon (2016, Sao Paulo)
$300M - Series C - Sep 2020

11. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Alternative Lending > Online Lenders >
Diversified > Direct Lender - Brazil
03
11
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$255M (▲10.4%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$570M
1
-
1
1
Alternative Lending (Guiabolso)
(# Cos: 91 | $1.4B)
Online Lenders (BizCapital)
(# Cos: 74 | $1.3B)
Diversified (Bcredi)
(# Cos: 6 | $570M)
Direct Lender (Creditas)
(# Cos: 1 | $570M)
Creditas
(2012, Sao Paulo, $570M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Creditas (2012, Sao Paulo)
$255M - Series E - Dec 2020

12. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Alternative Lending > Online Lenders > Consumer Loans >
Asset Backed Loans > Diversified > Marketplace - Brazil
04
12
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$255M (▲10.4%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$568M
2
-
2
1
Alternative Lending (Guiabolso)
(# Cos: 91 | $1.4B)
Online Lenders (BizCapital)
(# Cos: 74 | $1.3B)
Consumer Loans (Koin)
(# Cos: 39 | $629M)
Asset Backed Loans (Pontte)
(# Cos: 3 | $597M)
Diversified (Nobli)
(# Cos: 2 | $568M)
Marketplace (Creditas)
(# Cos: 2 | $568M)
Creditas
(2012, Sao Paulo, $568M)
Nobli
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Creditas (2012, Sao Paulo)
$255M - Series E - Jan 2021

13. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Online Retailer of Home Improvement
Products - Brazil
05
13
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$190M (▲72.7%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$320M
3
-
7
1
Home Improvements (Virtual Music)
(# Cos: 48 | $339M)
B2C Commerce (Oppa Design)
(# Cos: 38 | $339M)
Horizontal (Mobly)
(# Cos: 13 | $339M)
Retailer (MadeiraMadeira)
(# Cos: 7 | $320M)
MadeiraMadeira
(2009, Curitiba, $300M)
Mobly
(2011, Sao Paulo, $20.0M)
Decore Pronto
(2015, Braco Do Norte)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MadeiraMadeira (2009, Curitiba)
$190M - Series E - Jan 2021

14. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Conductor (1997, Sao Paulo)
$150M - Series D - Oct 2020
Conductor (1997, Sao Paulo)
$20.0M - Series D - Dec 2020
Payment Card Issuer Processors - Brazil
06
14
Back to index
Payments (RecargaPay)
(# Cos: 201 | $344M)
Enablers (Stone)
(# Cos: 22 | $212M)
Issuer Processor (Cielo)
(# Cos: 6 | $171M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$170M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$171M
6
2
6
0
Cielo
(1995, Barueri)
Stone
(2013, Sao Paulo)
Conductor
(1997, Sao Paulo, $170M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

15. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Mobile Casual Game Developers - Brazil
07
15
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$120M (▲100%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$254M
13
-
82
1
Mobile Gaming (Best Cool Fun Games)
(# Cos: 107 | $255M)
Game Developers (Orube Game Studio)
(# Cos: 104 | $254M)
Casual (Ludic Side)
(# Cos: 98 | $254M)
Multi Genre (Wildlife Studios)
(# Cos: 82 | $254M)
Wildlife Studios
(2011, Sao Paulo, $250M)
Ludic Side
(2013, Belo Horizonte)
Orube Game Studio
(2017, Niteroi)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Wildlife Studios (2011, Sao Paulo)
$120M - Series B - Aug 2020

16. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Facial Biometrics - Brazil
08
16
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$107M (▲1020%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$117M
2
-
5
1
Security & Surveillance Technology (HandOver)
(# Cos: 50 | $118M)
PIAM (Access Run)
(# Cos: 16 | $118M)
Biometrics System (Unike Technologies)
(# Cos: 7 | $118M)
Facial Biometrics (Acesso)
(# Cos: 5 | $117M)
Acesso
(2007, Sao Paulo Do Po.., $117M)
BigData
(2013, Barra Da Tijuca)
FullFace Biometric Sol..
(2012, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Acesso (2007, Sao Paulo Do Potengi)
$107M - Series B - Sep 2020

17. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Chatbots > Chatbot Development > Conversational AI
Development > Low Code Platform - Brazil
09
17
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$100M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$100M
2
-
12
1
Chatbots (Wavy)
(# Cos: 58 | $100M)
Chatbot Development (Fredbots)
(# Cos: 14 | $100M)
Conversational AI Development (Nama)
(# Cos: 14 | $100M)
Low Code Platform (Take Blip)
(# Cos: 12 | $100M)
Take Blip
(1999, Sao Paulo, $100M)
Fredbots
(2016, Curitiba)
InBot
(1996, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Take Blip (1999, Sao Paulo)
$100M - Series A - Oct 2020

18. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
VAI (2017, Sao Paulo)
$85.1M - Series C - Feb 2020
Car Subscription - Brazil
10
18
Back to index
Road Transport Tech (99)
(# Cos: 188 | $893M)
Vehicle Subscription (Bike Itau)
(# Cos: 3 | $85.1M)
Cars (VAI)
(# Cos: 1 | $85.1M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$85.1M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$85.1M
1
-
1
0
VAI
(2017, Sao Paulo, $85.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

19. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Long Haul Trucking Marketplace - Brazil
11
19
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$82.8M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$182M
8
-
35
1
Logistics Tech (iFood)
(# Cos: 305 | $1.1B)
Freight (Cobli)
(# Cos: 154 | $223M)
Trucking (TruckPad)
(# Cos: 109 | $219M)
Heavy Cargo (Fretebras)
(# Cos: 45 | $199M)
Marketplace (Cargo X)
(# Cos: 35 | $182M)
Cargo X
(2013, Sao Paulo, $179M)
TruckPad
(2014, Sao Paulo)
Sontra Cargo
(2013, Olimpia, $2.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cargo X (2013, Sao Paulo)
$80.0M - Series E - Apr 2020
Cargo X (2013, Sao Paulo)
$2.8M - Series E - Jun 2020

20. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
End to End E Commerce Solutions for
Marketplace Sellers - Brazil
12
20
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$58.2M (▲25.7%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$128M
6
-
10
1
E-Commerce Enablers (Hotmart)
(# Cos: 104 | $194M)
Multi-Channel Selling (ELike)
(# Cos: 15 | $129M)
Marketplaces (Brasil/CT)
(# Cos: 10 | $128M)
Suite (Olist)
(# Cos: 10 | $128M)
Olist
(2015, Curitiba, $114M)
Brasil/CT
(2010, Barueri, $9.9M)
Digital Commerce Group
(2007, Porto Alegre, $5.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Olist (2015, Curitiba)
$58.2M - Series D - Nov 2020

21. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Road Transport Tech > Self Drive Rentals > Tech Enablers >
Micromobility > Bicycle - Brazil
13
21
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$47.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$47.0M
1
-
3
1
Road Transport Tech (99)
(# Cos: 188 | $893M)
Self Drive Rentals (Kovi)
(# Cos: 28 | $163M)
Tech Enablers (InfoSistemas)
(# Cos: 5 | $47.0M)
Micromobility (S2BIKE)
(# Cos: 3 | $47.0M)
Bicycle (Tembici)
(# Cos: 3 | $47.0M)
Tembici
(2010, Sao Paulo, $47.0M)
S2BIKE
(2015, Novo Hamburgo)
Bicicleta Integrada
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tembici (2010, Sao Paulo)
$47.0M - Series B - Jun 2020

22. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Solinftec (2007, Aracatuba)
$40.0M - Series B - Feb 2020
Crop Tech > Autonomous Farming >
Diversified - Brazil
14
22
Back to index
Crop Tech (Taranis)
(# Cos: 135 | $136M)
Autonomous Farming (Raks)
(# Cos: 11 | $40.8M)
Diversified (Solinftec)
(# Cos: 8 | $40.8M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$40.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$40.8M
4
-
8
1
Solinftec
(2007, Aracatuba, $40.0M)
Hexagon Agriculture
(2015, Florianopolis)
Enalta
(1999, Sao Carlos)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Cryptocurrency Exchanges - Brazil
15
23
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$37.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$37.6M
1
-
58
0
Cryptocurrencies (ByeBnk)
(# Cos: 148 | $38.2M)
Financial Services (BITCOIN TO YOU)
(# Cos: 117 | $38.2M)
Investment Industry (BitcoinTrade)
(# Cos: 87 | $37.6M)
Crypto Exchanges (Mercado
Bitcoin)
(# Cos: 58 | $37.6M)
Mercado Bitcoin
(2013, Sao Paulo, $37.6M)
BITCOIN TO YOU
(2010, Belo Horizonte)
Coinext
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Mercado Bitcoin (2013, Sao Paulo)
$37.6M - Series C - Jan 2021

24. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Big Data Analytics > Enterprise Solutions > Sales & Marketing
> Marketing > Social Media Analytics - Brazil
16
24
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$31.7M (▲659%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$35.9M
2
-
3
1
Big Data Analytics (Neoway)
(# Cos: 25 | $123M)
Enterprise Solutions (Airstrip)
(# Cos: 4 | $35.9M)
Sales & Marketing (Hariken)
(# Cos: 4 | $35.9M)
Marketing (Stilingue)
(# Cos: 3 | $35.9M)
Social Media Analytics (Cortex
Intelligence)
(# Cos: 3 | $35.9M)
Cortex Intelligence
(2003, Rio De Janeiro, $31.7M)
Stilingue
(2014, Sao Paulo, $4.2M)
Airstrip
(2013, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cortex Intel.. (2003, Rio De Janeiro)
$31.7M - Series B - Jun 2020

25. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Proprietary Shopping Cart Software -
Brazil
17
25
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$30.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$44.7M
5
-
19
1
E-Commerce Enablers (Olist)
(# Cos: 104 | $194M)
Shopping Cart (Loja Integrada)
(# Cos: 24 | $44.7M)
Proprietary (Nuvemshop)
(# Cos: 21 | $44.7M)
Web (Hotmart)
(# Cos: 19 | $44.7M)
Hotmart
(2011, Belo Horizonte, $193K)
Nuvemshop
(2011, Sao Paulo, $42.0M)
Loja Integrada
(2013, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nuvemshop (2011, Sao Paulo)
$30.0M - Series C - Oct 2020

26. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Iugu (2012, Sao Paulo)
$22.6M - Series A - Sep 2020
Online Business Payments - Brazil
18
26
Back to index
Payments (RecargaPay)
(# Cos: 201 | $344M)
Business Payments (Getnet)
(# Cos: 81 | $67.2M)
Online Payments (Koin)
(# Cos: 29 | $29.5M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$22.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$29.5M
8
-
29
0
Koin
(2014, Sao Paulo, $4.6M)
Iugu
(2012, Sao Paulo, $24.9M)
Moip Payments
(2008, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

27. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Payments > Enablers > White Label Solutions >
Wallets - Brazil
19
27
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$20.4M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$38.7M
2
-
3
2
Payments (RecargaPay)
(# Cos: 201 | $344M)
Enablers (Cielo)
(# Cos: 22 | $212M)
White Label Solutions (Hash)
(# Cos: 7 | $38.7M)
Wallets (Zoop)
(# Cos: 3 | $38.7M)
Zoop
(2018, Barra Da Tijuca, $29.7M)
Hash
(2017, Sao Paulo, $9.0M)
BRYDGE
(2019, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zoop (2018, Barra Da Tijuca)
$11.4M - Series B - Sep 2020
Hash (2017, Sao Paulo)
$9.0M - Series A - Apr 2020

28. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Quanto (2020, Sao Paulo)
$15.0M - Series A - Sep 2020
SWAP (2020, Sao Paulo)
$3.3M - Seed - Jul 2020
Stark Bank (2018, Sao Paulo)
$125K - Seed - Mar 2020
Fitbank (2016, Sao Bernardo Do Campo)
Undisclosed - Seed - Jul 2020
Stark Bank (2018, Sao Paulo)
Undisclosed - Seed - Jan 2020
Banking-as-a-platform via Open Banking
APIs - Brazil
20
28
Back to index
Banking Tech (Nubank)
(# Cos: 66 | $2.1B)
Open Banking (Stark Bank)
(# Cos: 13 | $18.4M)
Banking APIs (Fitbank)
(# Cos: 11 | $18.4M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$18.4M ( -- )
5( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$18.4M
5
-
11
2
Fitbank
(2016, Sao Bernardo Do..)
Stark Bank
(2018, Sao Paulo, $125K)
Quanto
(2020, Sao Paulo, $15.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

29. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Logistics Tech > Freight > Trucking > Heavy Cargo
> Listings - Brazil
21
29
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$17.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$17.0M
1
-
8
1
Logistics Tech (iFood)
(# Cos: 305 | $1.1B)
Freight (Cobli)
(# Cos: 154 | $223M)
Trucking (TruckPad)
(# Cos: 109 | $219M)
Heavy Cargo (Cargo X)
(# Cos: 45 | $199M)
Listings (Fretebras)
(# Cos: 8 | $17.0M)
Fretebras
(2000, Catalao, $17.0M)
Frete na Mao
(2014, Icara)
Ache Cargas
(2008, Patos De Minas)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fretebras (2000, Catalao)
$17.0M - Series B - Sep 2020

30. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Removable Orthodontic Devices - Brazil
22
30
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$10.0M (▲104%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$14.9M
1
-
1
1
Dental (Lysanda)
(# Cos: 9 | $14.9M)
Medical Devices (Dentflex)
(# Cos: 8 | $14.9M)
Therapeutic Devices (Compass)
(# Cos: 6 | $14.9M)
Removable (SouSmile)
(# Cos: 1 | $14.9M)
SouSmile
(2018, Paulista, $14.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SouSmile (2018, Paulista)
$10.0M - Series A - Mar 2020

31. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Online Grocery > B2C Ecommerce >
Recipe Box > Meals - Brazil
23
31
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$7.8M (▼64.5%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$37.3M
2
-
2
1
Online Grocery (Evino)
(# Cos: 72 | $44.4M)
B2C Ecommerce (The Wine)
(# Cos: 60 | $44.4M)
Recipe Box (Cheftime)
(# Cos: 3 | $37.3M)
Meals (Liv Up)
(# Cos: 2 | $37.3M)
Liv Up
(2015, Sao Paulo, $37.3M)
Cheftime
(2014, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Liv Up (2015, Sao Paulo)
$7.8M - Series B - Jan 2021

32. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Internet First Residential Real Estate
Brokers - Brazil
24
32
Back to index
Residential Real Estate Tech (Loft)
(# Cos: 28 | $709M)
Online Brokers (QuintoAndar)
(# Cos: 4 | $353M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$7.6M (▼97%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$353M
3
-
4
1
QuintoAndar
(2012, Sao Paulo, $345M)
EmCasa
(2017, Rio De Janeiro, $3.6M)
HomeGuru
(2018, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kzas (2019, Sao Paulo)
$4.0M - Seed - Feb 2020
EmCasa (2017, Rio De Janeiro)
$3.6M - Series A - Sep 2020

33. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Value Based Care > Remote Monitoring >
Hardware > Other Devices - Brazil
25
33
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$7.1M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$11.0M
2
-
5
1
Healthcare IT (Zenklub)
(# Cos: 279 | $66.8M)
Value Based Care (TNH Health)
(# Cos: 44 | $13.0M)
Remote Monitoring (Gliconline)
(# Cos: 13 | $11.0M)
Hardware (SaudeOnLife)
(# Cos: 9 | $11.0M)
Other Devices (Hi Technologies)
(# Cos: 5 | $11.0M)
Hi Technologies
(2004, Curitiba, $11.0M)
CardioCare
(2012, Sao Paulo)
Mind Laboratory
(2017, Florianopolis)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hi Technologies (2004, Curitiba)
$7.1M - Series B - Feb 2020

34. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Diversified Medical Devices > Devices -
Brazil
26
34
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Diversified Medical Devices (Medlive)
(# Cos: 7 | $11.0M)
Devices (Hi Technologies)
(# Cos: 7 | $11.0M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$7.1M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$11.0M
1
-
7
1
Hi Technologies
(2004, Curitiba, $11.0M)
Medlive
(2015, Vera Cruz)
EasyMedical
(2009, Brasilia)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Hi Technologies (2004, Curitiba)
$7.1M - Series B - Feb 2020

35. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Gupy (2015, Sao Paulo)
$6.8M - Series A - Apr 2020
Applicant Tracking System - Brazil
27
35
Back to index
HRTech (Emprego Ligado)
(# Cos: 137 | $82.5M)
Applicant Tracking System (JobConvo)
(# Cos: 22 | $16.2M)
Suite (Kenoby)
(# Cos: 9 | $16.2M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$6.8M (▲38.8%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$16.2M
2
-
9
2
Kenoby
(2014, Sao Paulo, $5.9M)
Gupy
(2015, Sao Paulo, $10.3M)
Etalent
(1987, Rio De Janeiro)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Accountfy (2017, Sao Paulo)
$6.5M - Series A - May 2020
Finance & Accounting Tech > Financial Planning & Analysis >
Financial Analytics - Brazil
28
36
Back to index
Finance & Accounting Tech (Vindi)
(# Cos: 104 | $108M)
Financial Planning & Analysis (Accountfy)
(# Cos: 18 | $7.6M)
Financial Analytics (Navita)
(# Cos: 13 | $7.6M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$6.5M (▲475%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$7.6M
3
-
13
1
Navita
(2003, Sao Paulo)
Accountfy
(2017, Sao Paulo, $7.6M)
hyppe
(2018, Belem)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

37. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Employee Health IT > Tech Enabled Services >
Teleconsultation > Second Opinion - Brazil
29
37
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$6.0M (▲436%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$15.1M
3
-
3
1
Employee Health IT (Cuidas)
(# Cos: 20 | $25.4M)
Tech Enabled Services (Vidalink)
(# Cos: 16 | $25.4M)
Teleconsultation (ViBe)
(# Cos: 4 | $15.1M)
Second Opinion (Vittude)
(# Cos: 3 | $15.1M)
Vittude
(2016, Sao Paulo, $1.1M)
ViBe
(2019, Sao Paulo)
MedPass
(2016, Sao Paulo, $14.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
MedPass (2016, Sao Paulo)
$6.0M - Series A - Oct 2020

38. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Electronics Refurbishing Platforms -
Brazil
30
38
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$5.8M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$47.8M
1
-
1
1
Second Hand Goods (enjoei)
(# Cos: 28 | $121M)
Electronics (Ziggo)
(# Cos: 5 | $47.8M)
Outright Buy (Brused)
(# Cos: 5 | $47.8M)
Refurbisher (Trocafone)
(# Cos: 1 | $47.8M)
Trocafone
(2014, Sao Paulo, $47.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Trocafone (2014, Sao Paulo)
$5.8M - Series C - Dec 2020

39. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Low code BPM Platform - Brazil
31
39
Back to index
Business Process Management Software
(CervelloBPMS)
(# Cos: 24 | $5.0M)
Low code BPM (Digibee)
(# Cos: 3 | $5.0M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$5.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.0M
1
-
3
1
Digibee
(2017, Sao Paulo, $5.0M)
Mobworkflow Exablack
(2015, Rio De Janeiro)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Digibee (2017, Sao Paulo)
$5.0M - Series A - Jun 2020

40. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
HRTech > Benefits Administration > Financial Benefits >
Salary Linked Loans - Brazil
32
40
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$5.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.9M
1
-
2
1
HRTech (Emprego Ligado)
(# Cos: 137 | $82.5M)
Benefits Administration (Vidalink)
(# Cos: 22 | $17.1M)
Financial Benefits (Allya)
(# Cos: 8 | $8.3M)
Salary Linked Loans (Facio)
(# Cos: 2 | $6.9M)
Facio
(2018, Pinheiros, $6.9M)
Consignados Online
(2016, Porto Alegre)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Facio (2018, Pinheiros)
$5.0M - Seed - Nov 2020

41. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Alternative Lending > Online Lenders > Consumer Loans > Payday Loans >
Through Employer > Diversified > Marketplace - Brazil
33
41
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$5.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.9M
2
-
2
1
Alternative Lending (Guiabolso)
(# Cos: 91 | $1.4B)
Online Lenders (BizCapital)
(# Cos: 74 | $1.3B)
Consumer Loans (Creditas)
(# Cos: 39 | $629M)
Payday Loans (Creditoo)
(# Cos: 6 | $8.1M)
Through Employer (Consignados
Online)
(# Cos: 4 | $6.9M)
Diversified (Ole Consignado)
(# Cos: 3 | $6.9M)
Marketplace (Facio)
(# Cos: 2 | $6.9M)
Facio
(2018, Pinheiros, $6.9M)
Paketa
(2018, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Facio (2018, Pinheiros)
$5.0M - Seed - Nov 2020

42. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Employee Health IT > Tech Enabled Services > Physical
Fitness > Online Community - Brazil
34
42
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$4.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.6M
1
-
1
0
Employee Health IT (Vittude)
(# Cos: 20 | $25.4M)
Tech Enabled Services (Cuidas)
(# Cos: 16 | $25.4M)
Physical Fitness (Vidalink)
(# Cos: 5 | $7.1M)
Online Community (Pipo Saúde)
(# Cos: 1 | $4.6M)
Pipo Saúde
(2019, Sao Paulo, $4.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Pipo Saúde (2019, Sao Paulo)
$4.6M - Seed - Jun 2020

43. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Clinical Operations > Decision
Support > Therapy Plan > Medication > Database - Brazil
35
43
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$4.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$6.8M
1
-
1
0
Healthcare IT (Conexa Saúde)
(# Cos: 279 | $66.8M)
Provider (Zenklub)
(# Cos: 228 | $53.8M)
Clinical Operations (Laura Networks)
(# Cos: 13 | $15.9M)
Decision Support (ToLife)
(# Cos: 11 | $15.9M)
Therapy Plan (DoseCheck)
(# Cos: 4 | $6.8M)
Medication (InsulinApp)
(# Cos: 3 | $6.8M)
Database (Memed)
(# Cos: 1 | $6.8M)
Memed
(2012, Sao Paulo, $6.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Memed (2012, Sao Paulo)
$4.5M - Series B - Feb 2020

44. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Mental Health Teleconsultation - Brazil
36
44
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$4.1M (▲639%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.7M
4
-
7
0
Healthcare Booking Platforms (Clinipam)
(# Cos: 137 | $36.7M)
Doctors (BoaConsulta)
(# Cos: 82 | $7.1M)
Telemedicine (FalaFreud)
(# Cos: 33 | $5.0M)
Teleconsultation (Psicologia Viva)
(# Cos: 33 | $5.0M)
Mental Health (Zenklub)
(# Cos: 7 | $4.7M)
Zenklub
(2016, Sao Paulo, $3.6M)
Psicologia Viva
(2015, Belo Horizonte, $1.1M)
FalaFreud
(2016, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zenklub (2016, Sao Paulo)
$3.0M - Seed - May 2020
Psicologia V.. (2015, Belo Horizonte)
$1.1M - Seed - May 2020

45. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Corporate Tax Accounting Software -
Brazil
37
45
Back to index
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$4.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$5.0M
2
-
8
0
Finance & Accounting Tech (Contabilizei)
(# Cos: 104 | $108M)
Accounting Solutions (Vindi)
(# Cos: 67 | $67.6M)
Record to Report (Concil)
(# Cos: 16 | $6.3M)
Taxation (ArquiveiOficial)
(# Cos: 8 | $5.0M)
ArquiveiOficial
(2014, Sao Carlos, $5.0M)
Dootax
(2013, Sao Paulo)
Grana Capital
(2019, Rio De Janeiro)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ArquiveiOficial (2014, Sao Carlos)
$4.0M - Series A - Sep 2020

46. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Solfácil (2018, Sao Paulo)
$4.0M - Series A - Jul 2020
Renewable Energy Tech > Solar Energy > ECommerce >
Project Development Services > Marketplace - Brazil
38
46
Back to index
Renewable Energy Tech (Enercred)
(# Cos: 17 | $5.2M)
Solar Energy (Sunew)
(# Cos: 11 | $4.8M)
Marketplace (Solfácil)
(# Cos: 1 | $4.8M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$4.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.8M
1
-
1
1
Solfácil
(2018, Sao Paulo, $4.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

47. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Kryptus (2003, Campinas)
$3.8M - Series A - Jul 2020
Hardware Security Module (HSM) -
Brazil
39
47
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Cybersecurity (PSafe)
(# Cos: 82 | $81.0M)
Data Security (Agenda Edu)
(# Cos: 14 | $4.7M)
Hardware Security Module (HSM)
(Kryptus)
(# Cos: 1 | $3.8M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$3.8M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.8M
1
-
1
1
Kryptus
(2003, Campinas, $3.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

48. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Provider > Telemedicine Solutions > Tele-
health Platform > Mental health - Brazil
40
48
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Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$3.0M (▲443%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.6M
1
-
1
0
Healthcare IT (Memed)
(# Cos: 279 | $66.8M)
Provider (iClinic)
(# Cos: 228 | $53.8M)
Telemedicine Solutions (Conexa Saúde)
(# Cos: 20 | $11.3M)
Tele-health Platform (SoftClyn)
(# Cos: 4 | $3.6M)
Mental health (Zenklub)
(# Cos: 1 | $3.6M)
Zenklub
(2016, Sao Paulo, $3.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Zenklub (2016, Sao Paulo)
$3.0M - Seed - May 2020

49. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
BeGreen (2015, Belo Horizonte)
$3.0M - Seed - Sep 2020
Indoor Hydroponics Farming - Brazil
41
49
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Crop Tech (Taranis)
(# Cos: 135 | $136M)
Indoor Farming (Hidrogood)
(# Cos: 4 | $3.5M)
Hydroponics (Pink Farms)
(# Cos: 4 | $3.5M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$3.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.5M
2
-
4
0
Pink Farms
(2016, Sao Paulo Do Po.., $535K)
Hidrogood
(1996, Sao Paulo)
BeGreen
(2015, Belo Horizonte, $3.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
P2P Cars Marketplace - Brazil
42
50
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Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$2.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$22.9M
2
-
2
2
Auto E-Commerce & Content (Itaro)
(# Cos: 67 | $156M)
Second Hand Vehicles (ICarros)
(# Cos: 20 | $59.9M)
Cars (InstaCarro)
(# Cos: 13 | $55.9M)
P2P Marketplace (Volanty)
(# Cos: 2 | $22.9M)
Volanty
(2016, Rio De Janeiro, $19.7M)
Carflix
(2017, Sao Paulo, $3.2M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Carflix (2017, Sao Paulo)
$2.7M - Series A - Jun 2020

51. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
ViBe (2015, Sao Paulo)
$2.5M - Seed - Mar 2020
Employee Wellness Administration -
Brazil
43
51
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HRTech (Emprego Ligado)
(# Cos: 137 | $82.5M)
Benefits Administration (Facio)
(# Cos: 22 | $17.1M)
Employee Wellness (Vidalink)
(# Cos: 9 | $4.2M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$2.5M (▲46.9%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.2M
4
-
9
0
Vidalink
(2003, Sao Paulo)
Theia
(2019, Sao Paulo, $1.7M)
ViBe
(2015, Sao Paulo, $2.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

52. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Personal Health Record Management
Apps - Brazil
44
52
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Disease Self Management (Hand Talk)
(# Cos: 45 | $3.9M)
Personal Health Records (ViBe)
(# Cos: 5 | $2.5M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$2.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.5M
1
-
5
0
ViBe
(2015, Sao Paulo, $2.5M)
Gero360
(2016, Rio De Janeiro)
Tamed Solutions
(2017, Sao Paulo Do Po..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
ViBe (2015, Sao Paulo)
$2.5M - Seed - Mar 2020

53. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Pipo Saúde (2019, Sao Paulo)
$4.6M - Seed - Jun 2020
ViBe (2015, Sao Paulo)
$2.5M - Seed - Mar 2020
Employee Health IT > Tech Enabled Services >
Physical Fitness - Brazil
45
53
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Employee Health IT (Vittude)
(# Cos: 20 | $25.4M)
Tech Enabled Services (Cuidas)
(# Cos: 16 | $25.4M)
Physical Fitness (Vidalink)
(# Cos: 5 | $7.1M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$2.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$7.1M
2
-
5
0
Vidalink
(2003, Sao Paulo)
Pipo Saúde
(2019, Sao Paulo, $4.6M)
ViBe
(2015, Sao Paulo, $2.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

54. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
TerraMa.. (2016, Sao Jose Dos Campos)
$2.0M - Seed - Nov 2020
Geospatial Analytics for Farms - Brazil
46
54
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Geographic Information Systems (Altave)
(# Cos: 19 | $3.5M)
Location Analytics (TerraMagna)
(# Cos: 10 | $3.5M)
Agriculture (Agronow)
(# Cos: 5 | $3.5M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$2.0M (▲316%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$3.5M
3
-
5
1
Agronow
(2015, Sao Jose Dos Ca.., $810K)
TerraMagna
(2016, Sao Jose Dos Ca.., $2.7M)
Terras
(2014, Belem)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

55. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Home Building Supplies B2B
Marketplaces - Brazil
47
55
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Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$1.6M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.6M
2
-
3
0
B2B E-Commerce (Gro Direto)
(# Cos: 50 | $23.7M)
Home Construction & Improvement
(CoteConstrua)
(# Cos: 4 | $1.6M)
Building Supplies (MADEPLAST)
(# Cos: 4 | $1.6M)
Marketplace (Oico)
(# Cos: 3 | $1.6M)
Oico
(2019, Sao Paulo, $1.6M)
CoteConstrua Estoque Parado
(2017, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Oico (2019, Sao Paulo)
$1.5M - Seed - Aug 2020
Oico (2019, Sao Paulo)
$150K - Seed - Aug 2020

56. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Influencer Marketing - Brazil
48
56
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MarketingTech (RD)
(# Cos: 166 | $274M)
Influencer Marketing (Airfluencers)
(# Cos: 15 | $1.5M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$1.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.5M
6
-
15
0
Airfluencers
(2013, Sao Paulo)
MySocialBox
(2014, Sao Paulo)
Squid
(2014, Sao Paulo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Spark (2020, Sao Paulo)
$1.5M - Seed - Jul 2020

57. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
FestaLab (2016, Sao Paulo)
$1.5M - Seed - May 2020
Online Photos > Editing > Graphic Design Tools >
Personal Invitations - Brazil
49
57
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Online Photos (SurfMappers)
(# Cos: 18 | $1.6M)
Editing (Pixerist)
(# Cos: 6 | $1.5M)
Personal Invitations (FestaLab)
(# Cos: 1 | $1.5M)
Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$1.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.5M
1
-
1
1
FestaLab
(2016, Sao Paulo, $1.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

58. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
Recent Funding Rounds
Second Hand Fashion Marketplace -
Brazil
50
58
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Taxonomy
$ Invested in last 1 year in Brazil Tech
Key Stats
# Funding Rounds in last 1 year in
Brazil Tech
$1.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$13.0M
2
-
2
0
Second Hand Goods (Trocafone)
(# Cos: 28 | $121M)
Fashion (BoBAGS)
(# Cos: 4 | $13.0M)
Horizontal (Repassa)
(# Cos: 3 | $13.0M)
Marketplace (enjoei)
(# Cos: 2 | $13.0M)
enjoei
(2009, Sao Paulo, $11.6M)
Repassa
(2014, Sao Paulo, $1.4M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Repassa (2014, Sao Paulo)
$1.4M - Seed - Sep 2020

59. Brazil Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
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61. Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Brazil Tech - Top Business Models Report
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