> #DEBT #PROPTECH Andreessen Horowitz led a US$48m Series A in Casai, a Mexico-based developer of boutique travel apartments, with participation from Andreessen Horowitz’s Cultural Leadership Fund, KaszeK Ventures, monashees, Global Founders Capital, Liquid 2 Ventures, and founders of Nova, Credit, Loft, Kavak, and Runa.
- The round included US$25m in venture debt from TriplePoint Capital, in addition to US$23m in equity financing committed by the above investors.
- KaszeK Ventures and monashees invested US$5m previously.
- Co-Founder & CEO Nico Barawid: "With remote work trending, we’ll see more travelers with a higher standard of expectations when it comes to contact-free experiences, tech-savvy apartments, and smart home devices. We plan to keep growing within Mexico, exploring beach cities like Tulum and Puerto Vallarta, with our sights set on Brazil next.”
> #HEALTHTECH Valor Capital and monashees led a R$86m Series A in Sami, a Brazilian healthcare plan management platform for SMEs, with follow-on from Redpoint eventures.
- Redpoint eventures and Canary led a US$1.3m seed round in 2019; Paulo Veras (99) and Allan Warren (Oscar Health) are previous investors in the company.
- Sami announced it will launch its own healthcare plan, while still providing management services for other healthcare providers.
- Co-Founder and President Vitor Asseituno: “Today we find a market of difficult and bureaucratic hiring that offers expensive plans without quality, valuing more the quantity of procedures than the orientation and coordinated health care. Service providers usually only see a piece of the patient journey if they don't have help or information from a system. We want to keep helping companies to expand this knowledge and escope, but as a health insurance company, we believe we can provide more value faster.”
> Prosus Ventures (formerly Naspers Ventures) and IFC led a US$15m Series A in Klar, a Mexican personal finance management and lending platform, with follow-on from Quona Capital, Mouro Capital (formerly Santander Innoventures), and FJ Labs.
- Quona Capital led a US$7.5m seed round in 2019, with Arc Labs providing an additional US$50m in debt financing.
- CEO Stefan Möller on Klar’s near-term goals: “We are exclusively focused on expanding our services within Mexico before thinking about international expansion.”
> #INSURTECH monashees led a US$14.5m in Pier, a Brazilian insurtech for smartphones and vehicles, with participation from Canary, Mercado Libre’s MELI Fund, and BTG Pactual’s innovation hub BoostLAB.
- Pier raised US$7.6m in 2019 from undisclosed investors, according to Exame.
> #CVC KaszeK Ventures, monashees, and WIND Ventures, the CVC fund of Chilean energy company Copec, led a US$12m Series A in Chiper, a Colombian supplier management platform for independent merchants.
- Chiper raised US$13m from friends and family prior to this round, according to Co-Founder and CEO José Jaír Bonilla.
> #CRYPTO Alameda Ventures, the VC fund of US-based trading firm Alameda Research, invested R$40m in Transfero Swiss, a Switzerland and Brazil-based digital assets and cryptocurrency investment platform.
> #CVC Bradesco’s Inovabra Ventures led a R$37m round in Asaas, a Brazilian financial management platform for microentrepreneurs and SMEs, with follow-on from Parallax Ventures.
- Cventures invested R$2m in 2015 and R$2.5m in 2017.
> #IMPACT Vox Capital led a R$23m round in Celcoin, a Brazilian payment infrastructure developer for microentrepreneurs and fintechs targeting the underbanked, with participation from BTG Pactual’s innovation hub BoostLAB.
- Vox Capital invested R$6m in 2019.
- Celcoin was featured in LAVCA’s 2020 Startup Directory, among 125 Latin American startups that raised US$1m+ in VC funding in 2019.
> #IMPACT Oikocredit invested an additional ~US$4m in a Series B in BizCapital, a Brazilian lending fintech providing credit for SMEs, bringing the total round to ~US$16m.
- German bank KfW Group’s subsidiary DEG led the US$12m Series B in June 2020.
- Quona Capital, monashees, and Chromo Invest made a R$15m investment in January 2018 and a R$20m investment in October 2018.
> KaszeK Ventures led a US$2.1m round in ChatPay, a Brazilian platform for online fitness and executive coaches that runs on WhatsApp and Telegram.
> alpha4 Ventures, Amador Holdings, Polymath Ventures, and Meesho invested US$2m in Elenas, a Colombian ecommerce platform enabling women to launch online businesses on Facebook and WhatsApp.
> DOMO Invest invested R$4m in Even3, a Brazilian platform for hosting science and technology-focused events online.
> Invest Tech, KPTL, Garan Ventures, and GVAngels led a R$4m round in Configr, a Brazilian cloud and website management platform for SMEs.
> Pagolivre, a Brazilian payment infrastructure provider for SMEs, invested R$3m in Joinkey, a Brazilian receivables management platform.
> #HEALTHTECH MedPass, a Brazilian employee healthcare management platform for SMEs, raised US$6m from undisclosed investors.
- MedPass raised US$1.5m in 2016 from Brazilian private equity firm OSF Merchant Banking.
> #MINING KPTL and Wayra made an undisclosed investment in ATIVA Soluções, a Brazilian IoT and remote connectivity system for mining infrastructure.
> #CVC Platanus Ventures, the CVC arm of Chilean software development agency Platanus, led a US$160k round in Reversso, a Chilean ecommerce management platform for large retailers.
> #HEALTTECH Ness Health, a spin-off of Brazilian medical equipment manufacturer Ness Processos e Tecnologia, invested R$2m in Iara Health, a Brazilian voice recognition system for medical report transcription.
> #LOGISTICS Parnity, a Brazilian platform for independent freight forwarders, raised US$250k from undisclosed investors.
> #CROWDFUNDING Grana Capital, a Brazilian tax automation platform for retail traders, raised R$700k in equity crowdfunding.