Funded Data and Analytics Startups in Brazil
Disclosed round sizes in this Brazil data-and-analytics slice are tightly clustered at the low-to-mid millions, except for one clear outlier: Cortex closed…
Disclosed round sizes in this Brazil data-and-analytics slice are tightly clustered at the low-to-mid millions, except for one clear outlier: Cortex closed a $30M round on 2020-06-01, which is materially larger than the next-highest disclosed amounts ($4M on 2025-08-27 for VAAS; $6M on 2023-05-05 for HARTB). On timing, the 12 rows span 2020-06-01 through 2025-08-27, with only two entries in 2024 (Hablla on 2024-04-12 at $170K and VAAS most recently in 2025-08-27).
Geographically, São Paulo appears repeatedly in the cities column (FanBase, Hablla, HARTB, Croct, Novidá, MindMiners all listed in São Paulo) while other cities show up once (Florianópolis: VAAS and Captei; Rio De Janeiro: Cortex; Recife: Kurier; Belo Horizonte: DataSprints; Itacuruba: APIPASS). Stage classifications are mixed: 3 entries are explicitly “Seed” (VAAS 2025-08-27 at $4M; Hablla 2024-04-12 at $170K; Captei 2022-05-20 at $2M; plus DataSprints 2021-10-30 is also Pre-Seed, not Seed), and the page also includes 2 “Series Unknown” rows (FanBase and Novidá) plus 1 “undisclosed” amount (Kurier on 2023-06-01).
Most recent rounds
12 shownRelated listings
Frequently asked
What does the largest disclosed round look like versus the rest of the list?
Cortex’s $30M round (2020-06-01) is the dominant disclosed amount and materially exceeds the next-largest disclosed rounds: HARTB at $6M (2023-05-05) and VAAS at $4M (2025-08-27). Several other entries are in the sub-$2M range (e.g., Hablla $170K on 2024-04-12; MindMiners $1M on 2021-01-30).
Are there date clusters among the 12 most recent rounds shown?
Yes: there’s a concentration in mid-2021 to mid-2023, with five rounds between 2021-05-05 and 2023-06-22 (Novidá 2021-05-05 $200K; MindMiners 2021-01-30 $1M; Croct 2021-07-12 $1M; DataSprints 2021-10-30 $500K; HARTB 2023-05-05 $6M; APIPASS 2022-06-22 $870K). The list then extends forward to VAAS on 2025-08-27.
Which cities are over-represented compared to one-off locations?
São Paulo is the clear hub in this set, appearing for FanBase (2025-08-08), Hablla (2024-04-12), HARTB (2023-05-05), Croct (2021-07-12), Novidá (2021-05-05), and MindMiners (2021-01-30). Other cities are singletons in the displayed rows (e.g., Cortex in Rio De Janeiro at $30M on 2020-06-01; DataSprints in Belo Horizonte at $500K on 2021-10-30; Kurier in Recife with undisclosed amount on 2023-06-01).
How should stage classifications be read in terms of mix and ambiguity?
Seed shows up multiple times with disclosed amounts spanning $170K (Hablla on 2024-04-12) to $4M (VAAS on 2025-08-27) and $2M (Captei on 2022-05-20). In parallel, 2 entries are labeled “Series Unknown” (FanBase on 2025-08-08 at $920K; Novidá on 2021-05-05 at $200K), and Kurier (2023-06-01) is the only row marked with an “undisclosed” amount.
Which entries are the most notable outliers beyond the largest round?
Kurier (2023-06-01, Recife) is an outlier on disclosure level because the amount is “undisclosed,” unlike the other rows. On the low end, Hablla ($170K on 2024-04-12) and Novidá ($200K on 2021-05-05) sit well below several mid-range rounds such as APIPASS ($870K on 2022-06-22) and DataSprints ($500K on 2021-10-30).
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