Portão 3 offers a spend-management platform paired with corporate cards that enforces company policies, approves transactions via configurable budgets, and centralizes invoice processing. Its platform automatically reads QR codes on receipts to match transaction details, detect fraud, and ensure purchases comply with policy. The company pivoted from corporate travel after founding in 2020 to focus on broader corporate spend management. In 2022 it facilitated over $60 million in transactions, issued more than 1 million physical and virtual cards, and serves nearly 600 enterprises across Latin America. Portão says it achieved profitability as of December and is growing about 20% month-over-month. It has roughly 30 employees and plans to hire product and growth teams while targeting new customer segments in logistics, retail and freight.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2023