Funded Software Startups in Brazil
Within these 16 funded software entries, Canopy’s $100M round on 2025-07-17 is an outlier: it sits far above the next-largest disclosed amounts (Paytrack’s…
Within these 16 funded software entries, Canopy’s $100M round on 2025-07-17 is an outlier: it sits far above the next-largest disclosed amounts (Paytrack’s $40M on 2025-01-22 and V360’s $7M on 2025-02-19), while most other disclosed rounds cluster between hundreds of thousands and single-digit millions. Stage disclosure also skews toward ambiguity: 5 of 16 rows are labeled “Series Unknown” (Canopy 2025-07-17 $100M; bebook 2023-08-25 $300K; Onfly 2023-05-24 $10M; plus two more), and 1 of 16 is “undisclosed” (Skedway 2023-06-21). Geographically, São Paulo appears repeatedly across multiple entries (e.g., Bolt Software 2024-06-25 $5M; BrandLovrs 2024-04-17 $7M; Klivo 2022-03-07 $9M), suggesting a concentration around the state’s major cities.
Temporally, the visible window spans 2021-12-09 (Atlas Governance, $5M) through 2026-05-12 (Beepay, $400K). The most recent activity clusters in 2025–2026, with 10 of 16 rounds dated 2024-01-01 or later (including several in mid-2025), before thinning out in 2022–2023 (e.g., multiple $5M–$10M rounds in early 2022 and a $10M Onfly on 2023-05-24).
Most recent rounds
16 shownRelated listings
Frequently asked
What stands out as the largest disclosed round, and how different is it from the rest of the disclosed amounts?
Canopy’s $100M on 2025-07-17 dwarfs the next-largest disclosed rounds: Paytrack at $40M (2025-01-22) and V360 at $7M (2025-02-19). After that step-down, most other disclosed rounds fall in the hundreds of thousands or low single-digit millions (e.g., Beepay $400K on 2026-05-12; deco.cx $2M on 2024-01-01).
Do specific cities or locations appear over-represented in this list?
São Paulo shows up as a repeated hub across multiple entries: Bolt Software (São Paulo, 2024-06-25, $5M), BrandLovrs (São Paulo, 2024-04-17, $7M), Klivo (São Paulo, 2022-03-07, $9M), and Atlas Governance (São Paulo, 2021-12-09, $5M). Rio de Janeiro also appears more than once (V360 2025-02-19 $7M; deco.cx 2024-01-01 $2M).
Which rounds fall closest to the present within the rows shown (latest 90-day window from the most recent date)?
Using the most recent date shown (Beepay on 2026-05-12), the 90-day window captures Beepay ($400K on 2026-05-12) and Draiven ($600K on 2026-05-01). The next most recent disclosed rounds are outside that window (e.g., Canopy’s 2025-07-17).
How concentrated are stage labels, and how often is the stage not specified?
Stage disclosure is split between defined and undefined categories: 5 of 16 rows are “Series Unknown” (including Canopy $100M on 2025-07-17 and Onfly $10M on 2023-05-24), and 1 of 16 is fully “undisclosed” (Skedway on 2023-06-21). Among the defined stages, Seed appears multiple times (e.g., Beepay 2026-05-12 $400K; ESG Now 2024-08-21 $310K; Atlas Governance is Series A, not Seed).
Are there other notable outliers besides Canopy’s $100M round?
Yes on the low end: the smallest disclosed amount is $300K for bebook on 2023-08-25 (since Skedway is “undisclosed” rather than a disclosed dollar figure). On the upper-to-mid range, Paytrack’s $40M (2025-01-22) is a clear secondary high compared with most other disclosed rounds like Bolt Software $5M (2024-06-25) and Atlas Governance $5M (2021-12-09).
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