Usadosbr operates an online marketplace for buying and selling vehicles, connecting buyers, sellers and more than 3,500 active stores. The company was founded in 2004 in Goiânia and relaunched with a brand repositioning and a new app in July 2020. It reports over 1 million monthly visits and an inventory of more than 80,000 cars. Usadosbr posted 39% growth from 2019 to 2020 and 240% growth from 2020 to 2021 (Jan–Apr). The startup began a national expansion roughly 10 months before the article and plans to expand its team and brand across Brazil while optimizing its technology. Management aims to use new capital to scale marketing, technology and hiring, targeting fourfold growth by the end of 2022 and an IPO in 2025.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2021