INFOGRAPHIC: Top LatAm Startup Funding — Week 42
In this week's funding deals, we tracked Contabilizei, Albo, Rooftop, Digitra.com and Mentora in the LatAm region.
- Brazilian accounting startup, Contabilizei, receives $125 Million in funding from Warburg Pincus.
- Mexican fintech, Albo, secures a $60 Million credit line to boost its credit products.
- Brazilian prop-tech, Rooftop has raised $17.6 Million in investment to improve the operations of its HomeCash product.
- Digitra.com, a Brazilian crypto startup, received a $1 Million investment to expand operations in Brazil.
- Mentora, a Brazilian HRTech company, receives $265k in a pre-seed round to improve its technology.
Brazilian accounting startup, Contabilizei, receives $125 million in funding from Warburg Pincus
Contabilizei, a Brazilian accounting startup, has secured a $125 million investment from Warburg Pincus, making the private equity firm the largest shareholder. This funding was part of a 100% secondary transaction, allowing previous investors Kaszek to exit completely and enabling Point72 and Quona to sell some of their shares.
Founded in 2013, Contabilizei offers an online platform that provides affordable accounting and tax management services tailored for small and medium-sized enterprises (SMEs) in Brazil. The platform helps these businesses navigate complex tax regulations and streamline their financial operations.
With the recent $125 million investment, Contabilizei aims to enhance its service offerings, expand its client base, and strengthen its technology infrastructure. The company plans to leverage this funding to improve its market presence and further support SMEs in managing their accounting needs more efficiently.
