Tag: brazil
Joshua Kushner’s Thrive Capital leads $20M investment in Brazilian healthcare startup Pipo Saude
Pipo Saude, a startup that developed a platform that sells and manages healthcare benefits for Brazilian companies, has raised $20 million in a Series A round of funding. Joshua Kushner’s Thrive Capital led the round, marking the first time the New York-based venture firm has led an investment in a…
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Valoreo raises $30M more to acquire e-commerce brands across LatAm
Just over five months after securing $50 million in debt & equity, Valoreo has closed on a $30 million Series A funding round. Mexico City-based Valoreo aims to invest in, operate and scale e-commerce brands as part of its self-described mission “to bring better products at more affordable prices” to…
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Play2Pay raises $13M to convert mobile user engagement into bill payment
The gamification of payments is not a new concept. A number of companies are attempting to combine gamification and payments in creative ways. And today, one such company, Play2Pay, has raised $13 million in a Series A round of funding. The Fort Lauderdale, Florida-based startup has a straightforward mission. It…
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SoftBank pours up to $150M into GBM, a Mexico City-based investment platform
Grupo Bursátil Mexicano (GBM) is a 35-year-old investment platform in the Mexican stock market. In its first three decades of life, GBM was focused on providing investment services to high net worth individuals and local and global institutions. Over the past decade, the Mexico City-based brokerage has ramped up its…
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Jeeves emerges from stealth with $131M in debt and equity and a16z as a lead investor
Jeeves, which is building an “all-in-one expense management platform” for global startups, is emerging from stealth today with $131 million in total funding, including $31 million in equity and $100 million in debt financing. The $31 million in equity consists of a new $26 million Series A and a previously…
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Meet Justos, the new Brazilian insurtech that just got backing from the CEOs of 7 unicorns
Here in the U.S. the concept of using a driver’s data to decide the cost of auto insurance premiums is not a new one. But in markets like Brazil, the idea is still considered relatively novel. A new startup called Justos claims it will be the first Brazilian insurer to…
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