> #DEBT IDB Invest provided US$40m in debt financing to AlphaCredit, a Mexican lending platform for individuals and SMEs in Mexico and Colombia.
- SoftBank led a US$125m Series B in 2020.
- Financing is set to strengthen AlphaCredit’s focus on the Silver Economy.
- Last year AlphaCredit launched Bontu, a lending platform providing working capital financing and payroll advances to SMEs.
> #PROPTECH Greenspring Associates led a US$35m Series B in La Haus, a Colombian residential real estate platform, with follow-on from KaszeK Ventures, Acrew Capital, NFX, IMO Ventures, Hometeam Ventures, and Spencer Rascoff (Zillow).
- KaszeK Ventures led a US$10m Series A in 2020.
- President and Co-Founder Rodrigo Sanchez-Rios shares: “We were planning to raise in 2021, but Greenspring approached us proactively. In less than 30 days, we had closed the preemptive Series B.”
- READ Sanchez-Rios’s perspective on the Latin American real estate market during C19.
> SoftBank’s Latin America Fund led an undisclosed Series C in Contabilizei, a Brazilian tax filing and accounting SaaS for SMEs, with follow-on from KaszeK Ventures, Point72, Quona Capital, and IFC.
- Point72 led a US$20m round in 2019. Igah Ventures (formerly e.Bricks Ventures) and Endeavor Catalyst invested in 2016; KaszeK Ventures invested in 2015.
- Contabilizei has been doubling its customer base since 2016 and reached 30k customers in 2020, according to CEO Vitor Torres.
> #HEALTHTECH ViBe Saúde, a Brazilian telehealth platform offering consumers virtual consultations led by general practitioners and chronic care management professionals, raised a US$10m Series A from undisclosed Swedish investors.
- ViBe Saúde raised US$2.5m from Webrock Ventures in February 2020.
- ViBe Saúde is moving into B2B with a partnership with Brazilian private hospital group Rede D’Or.
> Elevar Equity and Global Founders Capital invested R$35m in Favo, a Peruvian grocery fulfillment platform leveraging local sales reps to market products for last-mile distribution. Favo is founded by Alejandro Ponce, co-founder of PE firm Nexus Group.
> #HEALTHTECH Valor Capital led a US$5m seed round in XP Health, a California-based vision benefits platform for Brazilian corporate employees, with participation from Village Global, Semper Virens, J-Angels, Stanford’s StartX, and Jeff Epstein (Oracle).
- XP Health clients include Chegg and Zenefits.
> KaszeK Ventures led a R$20m Series A in OmniChat, a Brazilian chat-based customer service enterprise platform that leverages WhatsApp, Facebook Messenger, and SMS, with follow-on from Honey Island Capital, a seed investment firm run by EBANX founders.
- OmniChat was selected to participate in Facebook’s Commerce Accelerator in 2020.
> #HEALTHTECH Astella Investimentos led a R$11m round in Skore, a Brazilian corporate training platform, with participation from Patrick Arippol’s Alexia Ventures.
- Skore’s clients include Santander, Via Varejo, Nubank, Dr. Consulta, and Ambev.
> #BLOCKCHAIN Royale Finance, a Belize-based fintech providing decentralized finance infrastructure for online casinos and prediction markets, raised US$1.45m from crypto fund Alphabit, AU21 Capital, Fomocraft Ventures, Kyros Ventures, and Vendetta Capital.
> #CYBERSECURITY BuenTrip Ventures led a US$1.25m in Kriptos, an Ecuadorian cybersecurity platform expanding operations to Mexico, with participation from Techstars, Sixthirty Cyber, Wayra, Compusoluciones Ventures, SVlinks Angels, 0bs.mx, and angels.
> MAYA Capital led a R$3.5m round in Unbox, a Brazilian e-commerce platform for SMEs.
- Unbox was selected to participate in Facebook’s Commerce Accelerator in 2020.
> #AGTECH #BLOCKCHAIN KPTL invested R$3m in Ecotrace, a blockchain-based traceability platform for crops and livestock products.
> Brazilian asset manager Riza Asset invested R$5.6m in Atlas Governance, a Brazilian software platform for corporate governance management, with participation from angels Paulo Camargo (McDonald’s), Wilson Amaral (Gafisa), and Rafael Furlanetti and Guilherme Avila (XP).
> #PE Buenos Aires-based private investment firm Patagonia Capital Partners, Inverlat, and NY-based Quadrant Management made an undisclosed investment in S1Gateway, an Uruguayan omnichannel communication and engagement platform for D2C companies.
> #HRTECH Bossa Nova Investimentos, Honey Island Capital, and GVAngels made an undisclosed investment in Worc, a Brazilian recruitment automation platform for restaurants.
> Cedro Capital invested R$2m in Onfly, a Brazilian corporate travel and expense management platform for SMEs.
> #AGTECH BR Angels invested R$1.5m in iRancho, a Brazilian livestock management platform for tracking supply chain and herd evolution.
> DOMO Invest and Poli Angels invested R$1m in Pix Midia, a Brazilian media production company for corporate internal communications.
> #AGTECH DOMO Invest and Silver Angels invested R$1m in Sensix, a Brazilian satellite image processor for crop management and harvest planning.
- Sensix is focused on enterprise clients including Algar Farming, Raizen, and Philip Morris.
> DOMO Invest, Poli Angels, and Urca Angels made an undisclosed investment in ContaAgil, a Brazilian accounting platform for SMEs.
> #MPACT Overboost.vc invested US$50k in AltScore, an Ecuadorian alternative credit score generator focused on the underbanked population.