Cora: Funding, Investors & Team (Oct 2026)
Cora is a digital bank for self-employed and small & medium enterprises. The company is currently operating in closed beta and plans to launch its first product, a free SME-only mobile account. Cora will later release a portfolio of payments, credit-related products, and financial management tools that are currently being developed. They have developed a modern platform that offers a cheaper and simpler service, freeing entrepreneurs from the bureaucracy and repetitive work that usually involves day-to-day finance. Cora was founded by Igor Senra Magalhães and Leonardo Soares Barbosa Mendes and is headquartered in São Paulo, Sao Paulo, Brazil.
Cora has raised $142M across 3 funding rounds on record, the most recent a Series B of $113M announced in Aug 2021.
That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Cora Company Profile and Key Stats
Latest funding round on record: Aug 2021.
Cora Funding Rounds
Cora raised $26.5M in a Series A announced in Apr 2021.
2 months later, an undisclosed round of $1.8M was announced in Jun 2021.
2 months later, a Series B of $113M was announced in Aug 2021.
Cora Founders and Leadership Team
Contact details for the Cora team: 1 of 2 have an email address on file.
Start 14-day free trial →Cora Funding Compared to Other Financial Services Startups
Cora's latest round of $113M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like Cora in Financial Services and São Paulo
Companies Similar to Cora
We are Plaid for Brazil. Pluggy allows any innovator to extract data from their users' bank and investment…
Vixtra is a service that enables Latin American importers to make payments and access credit when purchasing…
Robbin is spearheading a movement to transform the financing of $2.5 trillion in B2B Payments for 21 million…
Bond specialises in full-service accounting automation for SMEs (small and medium enterprises).
CashGo offers credit alternative facilities for real estate, tenants and landlords.
Azos is an insurance technology company specializing in personalized insurance services. It was established…
Zippi offers monetary types of assistance for microentrepreneurs in Latin America.
Lerian is a next-gen core banking platform built on top of an open source ledger.
Klubi is a dealer in a consortium. A planned purchasing mode is the consortium. You will be part of a group…
Clara is the primary platform in Latin America that specializes in managing spending for businesses. Our…
180° is an InsurTech company that provides insurance services. With a focus on the B2B2C model, the company…
Darwin Seguros is a protection innovation organization.
Cora Funding FAQs
What does Cora do?
Cora is a digital bank for self-employed and small & medium enterprises. The company is currently operating in closed beta and plans to launch its first product, a free SME-only mobile account. Cora will later release a portfolio of payments, credit-related products, and financial management tools that are currently being developed. They have developed a modern platform that offers a cheaper and simpler service, freeing entrepreneurs from the bureaucracy and repetitive work that usually involves day-to-day finance. Cora was founded by Igor Senra Magalhães and Leonardo Soares Barbosa Mendes and is headquartered in São Paulo, Sao Paulo, Brazil.
How much funding has Cora raised?
Cora has raised $142M across 3 rounds on record. The most recent is a Series B of $113M announced in Aug 2021.
When did Cora last raise funding?
Cora's most recent funding round on record is a Series B of $113M, announced in Aug 2021.
Who is the CEO of Cora?
Igor Senra is listed as CEO at Cora.
Where is Cora headquartered?
Cora is based in São Paulo, Sao Paulo, Brazil.
How many employees does Cora have?
Cora is in the 101-250 employee band.
How does Cora's funding compare to other Financial Services startups?
Cora's latest round of $113M is above the $14M median round size for Financial Services companies on FundedIQ across 5,748 tracked companies over the last two years.
About FundedIQ's Cora Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cora is left off this page rather than filled in.
Know who just raised. Then know who to reach.
Startup funding intelligence on every funded startup: the round, the investors and the founders, as a file in your inbox or searchable in the app.
Radar from $49/mo · Pro from $149/mo. Card required, nothing charged until day 15, and we email you 3 days before that. Need something specific? Custom plans from $499/mo.