Participated · Series C · Sep 2023

O Gringo is an app that simplifies the driver experience by centralizing previously fragmented services for vehicle owners. The platform offers credit products and protections such as assistance and insurance, and helps with tasks like document management. The company plans to launch new solutions this year focused on the vehicle purchase and sale journey. With the recent funding, O Gringo intends to expand into adjacent services including maintenance, fuel (abastecimento), toll (pedágio) and other driver-related offerings. Financially, the startup has accumulated nearly R$500 million in total funding over its five years of market presence. Gringo is a super app for Brazilian drivers that centralizes vehicle documentation, payments (fines, taxes, licensing), insurance contracting and loans using the vehicle as collateral. The app lets drivers manage renewals and documents in one place and compare insurance and bank offers. Gringo plans to expand its automotive credit and insurance products, add new features, and enter the used‑car buy-and-sell market to help drivers choose the best offers. The company intends not to act as a dealership but to use its customer vehicle data to match buyers and sellers. Gringo has grown to 10 million customers and aims to double its revenue over last year by the end of this year; it has raised $80 million in total. Gringo is a startup founded in 2020 that started by offering free monitoring of driver licenses and vehicle debts. The company has grown its user base to five million drivers in under two years, doubling its count since its Series A. In 2021 Gringo expanded into credit and insurance sales, driving a 20x increase in GMV and a 25x increase in revenue versus 2020. Management says the product roadmap focuses on building a "super app" that centralizes services for drivers, with ongoing tests of additional products and services. The company has already closed partnerships to simplify how drivers buy and monitor insurance and credit. Gringo has expanded beyond its São Paulo launch into the South and Southeast regions and plans national rollout and tests in other Latin American markets in 2022. O Gringo is a Brazilian startup that assists drivers across their journey via an app, WhatsApp and social channels, offering vehicle monitoring, document support and automotive content. The company emphasizes a close, personalized relationship with drivers and disruptive features to simplify everyday driving tasks. In one year it has acquired more than 2.5 million users, representing over 10% market share in the state of São Paulo, and reports 94% of users saying they will remain loyal; it also earned the RA1000 badge with a 9.8 rating. The app is currently live in São Paulo, Paraná and Santa Catarina, and the company is expanding to the rest of Brazil. O Gringo was recently selected for Endeavor’s scale-up program and plans to use new capital to develop additional services, strengthen its team and support national expansion.

Participated · Equity · Jul 2022

FinanZero is a fintech marketplace that intermediates consumer credit by aggregating offers from up to 72 partner institutions. The company’s core product today is personal credit, while it also offers vehicle refinancing, home-equity loans and is starting a credit-with-cell-phone-collateral product. Since launching in 2016 the platform has intermediated R$1.25 billion in loans and processed 40 million loan requests. The volume of credit originated on the platform is about R$30 million per month. FinanZero’s marketplace also includes payroll-deductible loans and loans guaranteed by the FGTS. The company plans to use its latest funding to develop online financing products for property and vehicle purchases and to expand its secured-credit offerings. FinanZero operates an online credit marketplace that lets consumers compare personal loans, auto equity and home equity offers from a network of 60 lenders in a single search. The company acts as an independent broker that matches borrowers with loan options tailored to their needs. FinanZero was founded by Swedish entrepreneurs Olle Widén and Kristian Jakobsson and is based in São Paulo, Brazil. It currently employs 75 people. The company has raised a total of US$27M to date and completed a fourth funding round of USD4M. Management says the new proceeds will be used to expand further across Brazil. FinanZero operates a real-time online loan marketplace that lets consumers apply for personal, car equity, or home equity loans for free and receive answers in minutes. The company does not originate loans itself; it partners with about 51 banks and fintechs and earns a commission from partners when customers sign loan contracts. FinanZero reports roughly 750,000 loan applications per month, about 3 million monthly visits (approximately 1.5 million unique), 800,000 completed loan forms in March 2021, and an approximate 10% approval rate across products. The startup had about 52 employees and recorded roughly 60% revenue growth from 2019–2020. Founded in 2016 and based in São Paulo, the company has raised $22.85 million to date. The latest financing will be used for marketing (primarily TV), product development, and talent acquisition. FinanZero operates an online, 100% digital and 100% free marketplace that negotiates consumers' loan applications with several banks to find the best interest rates and terms. The platform offers personal, car and mortgage loans and manages the lending process end-to-end. It connects roughly 30 bank partners and has handled more than 3 million loan applications in three years of operation. The company was founded in 2016 by Webrock Ventures, Zentro Global Partners and CEO Olle Widén and operates in the Brazilian market. FinanZero intends to use new funding to improve its technical platform and to invest in marketing to raise brand visibility. FinanZero operates an online marketplace for consumer loans, acting as an independent broker that negotiates a customer's loan application with several banks and credit institutions. The company handles the lending process from start to finish to find the best interest rates and terms for consumers. Led by CEO and co-founder Olle Widén, FinanZero launched in 2016 and is based in Sao Paulo, Brazil. Since launch the platform has handled more than 600,000 loan applications. The company expects to grow the volume of intermediated loans tenfold over the next 12 months. It plans to use new funding to continue expansion, increase marketing, and develop its online platform.

Participated · Series C · May 2022

Founded six years ago, Solfácil operates as a full-stack ecosystem for distributed solar energy in Brazil, combining project financing with the distribution of photovoltaic equipment. The company has already financed more than R$3 billion in solar installations, surpassing 1 GW of cumulative installed capacity and serving over 110,000 end customers. Its equipment-distribution arm—launched with recent investments of R$200 million in a Jundiaí branch and R$100 million in a Pernambuco distribution center—now generates 50 % of corporate results. Solfácil reports that it has been doubling in size year-over-year as demand for residential and commercial solar grows. With access to capital-markets products such as CRIs, management aims to lower end-user interest rates and broaden its retail investor base. The latest issuance brings the firm’s 2024 capital-markets fundraising to more than R$1.5 billion, providing additional firepower to back over 22,000 new solar projects across the country.

Participated · Series A · Apr 2022

Abhi is a company that recently secured new financing. The article does not reveal the firm’s industry, product line, or business model. No details are provided on its user base, revenue, or other key operating metrics. The company’s year of founding, headquarters, and leadership team are also not mentioned. The only concrete information available is that it has obtained additional capital, suggesting a need to fund growth or extend runway. Beyond the funding headline, no future plans or strategic initiatives are described.

Participated · Series F · Jan 2022

Creditas has built an integrated financial services platform that combines secured lending with complementary insurance and investment products, all delivered through a technology-first, customer-centric approach. The company’s offering now expands into full banking and wealth-management capabilities through its recently completed acquisition of Andbank Brazil, approved by the Brazilian Central Bank. Management views the deal as the consolidation of a complete ecosystem that unites credit, insurance and investments under one roof. Creditas continues to strengthen its leadership bench, hiring former BBVA executive Ricardo Forcano as Chief Technology & Operations Officer to oversee Technology, Operations and People. The initial close of its Series G financing pegs the firm’s valuation at USD 3.3 billion, underscoring investor confidence in its growth trajectory. VEF, an early backer, converted its outstanding convertible loans into equity in this round at a lower valuation, yet still recorded a positive uplift in its reported NAV. No revenue or user figures were disclosed in the article, but the company is characterised as one of Latin America’s foremost fintechs.