Series B Funded Startups in Brazil
Series B funding across Brazil’s deals here spans 2021-03-23 to the most recent 2026-05-05.
Series B funding across Brazil’s deals here spans 2021-03-23 to the most recent 2026-05-05. The disclosed-size distribution is highly uneven: Enter’s $100M round on 2026-05-05 is the largest disclosed amount in the dataset and is followed by several materially smaller rounds (e.g., Daki $260M and Mercado Bitcoin $200M are larger but not “in the most recent”; among the later-year entries, Enter and a handful around $45–$61M are the upper tier). Daki (2021-12-02, $260M) and Mercado Bitcoin (2021-07-01, $200M) function as clear outliers compared with the long mid-band of $15–$45M rounds (e.g., Hash at $15M on 2021-04-20; Grão Direto at $16M on 2025-03-10).
City and sector both cluster. São Paulo appears in 28 of 37 rows (including multiple distinct municipalities within Greater São Paulo), with Uberlândia, Belo Horizonte, and Rio De Janeiro showing up repeatedly but far less. Financial Services is the most frequent sector (10 entries), and most rounds are concentrated in the 2021–2023 period, with fewer entries after mid-2024 (e.g., Paytrack $40M on 2025-01-22 and Vammo $45M on 2025-10-30). Only one row lists “undisclosed” amount (QueroQuitar, 2023-07-15).
Most recent rounds
37 shownRelated listings
Frequently asked
What are the largest disclosed Series B rounds in this Brazil list, and how do they compare to the rest?
The largest disclosed amount is Daki’s $260M (2021-12-02). The next-highest disclosed amounts include Mercado Bitcoin at $200M (2021-07-01) and Cora at $113M (2021-08-24), while many other disclosed rounds sit in the $15M–$45M range (e.g., Hash $15M on 2021-04-20; Woba $14M on 2025-07-07).
Are any sectors over-represented relative to other categories?
Financial Services dominates with 10 of 37 entries (e.g., Nomad $61M on 2023-08-22; Pismo $108M on 2021-10-19; Stark Bank $45M on 2022-04-11). Healthcare/Health-adjacent appears in fewer entries (ISA Saúde $30M on 2025-11-02; Mevo $20M on 2024-09-18), while Agriculture and Farming appears multiple times but less frequently than Financial Services (e.g., Nagro $9M on 2026-01-21; Grão Direto $16M on 2025-03-10).
Which cities concentrate the funding announcements?
São Paulo is the dominant location, appearing in 28 of 37 rows across entries like Enter (São Paulo, 2026-05-05, $100M), Paytrack (Blumenau is different but São Paulo-heavy overall), and Nomad (São Paulo, 2023-08-22, $61M). Outside São Paulo, repeated hubs include Uberlândia (Nagro $9M in 2026-01-21 and Kanastra $30M in 2025-10-03) and Belo Horizonte (Woba at $14M on 2025-07-07 and EmCasa at $21M on 2021-07-21 is Rio; eureciclo $20M on 2022-06-14 is São Paulo but Belo Horizonte includes Solides $103M on 2022-02-17).
How concentrated are rounds in the more recent window (late 2024–2026)?
After mid-2024, the disclosed entries are fewer and skew toward the mid-to-upper range rather than the 2021 outliers: Paytrack ($40M on 2025-01-22), Azos ($30M on 2025-02-19), and ISA Saúde ($30M on 2025-11-02) cluster in 2025. The most recent date is 2026-05-05 for Enter at $100M, with Nagro’s $9M (2026-01-21) providing a low-end counterpoint within the same later period.
Are there notable outliers besides the top dollar amounts?
Yes: Daki ($260M, 2021-12-02) and Mercado Bitcoin ($200M, 2021-07-01) are high outliers relative to the broader $15M–$45M band, while the smallest disclosed amount is Nagro’s $9M (2026-01-21). There is also one non-comparable datapoint: QueroQuitar lists an “undisclosed” amount (2023-07-15), so size-based comparisons should exclude it.
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