Funded Administrative Services Startups in Brazil
The 42 administrative services startups in this dataset raised rounds between May 2020 and May 2025, with activity concentrated heavily in late 2021 and ea…
The 42 administrative services startups in this dataset raised rounds between May 2020 and May 2025, with activity concentrated heavily in late 2021 and early 2022. Three São Paulo companies account for the largest disclosed amounts: Daki ($260M Series B, December 2021), Solides ($103M Series B, February 2022), and Flash ($100M Series C, March 2022). Seed is the dominant stage across the set, ranging in size from Bondy ($740K, September 2023) and Tako ($13M, November 2024) to a cluster of sub-$1M deals in 2021.
São Paulo city or state hosts the majority of companies, though funded startups also appear in Porto Alegre, Belo Horizonte, Curitiba, Recife, Rio de Janeiro, and Franca. The most recent closings on record — Mileto (Angel, $220K), Cloud Humans (Seed, undisclosed), and Speedbird Aero (Series Unknown, $4M), all dated May 2025 — continue the São Paulo concentration. AEVO Innovate in Vitória stands out as the largest raise from outside the São Paulo metro at $14M Series A (October 2022).
Most recent rounds
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Frequently asked
What are the largest disclosed rounds among these 42 companies?
Daki leads with a $260M Series B closed in December 2021, followed by Solides at $103M Series B (February 2022) and Flash at $100M Series C (March 2022) — all São Paulo-based. The next tier includes Plugify at $25M Private Equity (May 2022) and Docket at $21M Series B (December 2022). Three rounds are listed as undisclosed: Cloud Humans, QueroQuitar, and Uffa.
Where are most of these companies headquartered?
São Paulo city or state accounts for roughly 30 of the 42 companies, including nearly every company that raised above $10M. Outside São Paulo, notable funded startups include AEVO Innovate in Vitória (Series A, $14M), Inventsys DESKO in Porto Alegre (Angel, $3M), Solides and Coodesh in Belo Horizonte, and Contraktor and Comunica.In in Curitiba.
What funding stages are most common in this segment?
Seed is the most frequent stage, covering roughly 15 companies including Tako ($13M, November 2024), Stay ($3M, October 2024), Worc ($4M, December 2021), and Comunica.In ($2M, December 2021). Pre-Seed rounds are also well-represented but cluster below $200K — Workhub Digital, Eva People, and Kultua each raised between $110K and $190K in late 2022.
How has deal activity trended across the 2020–2025 window?
More than 20 of the 42 rounds closed between October 2021 and May 2022, representing a clear activity peak. Volume thinned sharply after mid-2022; from 2023 onward the dataset shows roughly eight rounds, including Gabriel ($7M Series Unknown, January 2024), Tako ($13M Seed, November 2024), and three May 2025 closings: Mileto (Angel, $220K), Cloud Humans (Seed, undisclosed), and Speedbird Aero (Series Unknown, $4M).
Which companies have reached Series B or later?
Six companies in the dataset show growth-stage rounds: Daki (Series B, $260M), Solides (Series B, $103M), Flash (Series C, $100M), Shopper (Series C, $30M), Docket (Series B, $21M), and QueroQuitar (Series B, undisclosed). All six are headquartered in São Paulo.
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