INFOGRAPHIC: Top LatAm Startup Funding — Week 47
In this week's funding deals, we tracked Pravaler, Blip, Outsmart, Solvento and Influurr in the LatAm region.
- Pravaler, a Brazilian fintech, raises $75 million through FIDCs to expand its services and reach more students.
- Blip, a Brazilian conversational platform, raises $60 million in a Series C round led by Warburg Pincus to strengthen its market presence.
- Outsmart, a Brazilian edtech, raises $13 million in a seed round led by Khosla Ventures to develop its platform for degree affordability and student retention.
- Solvento, a Mexican fintech, lands $12.5 million in a Series A round led by Cometa to scale its services across Mexico and the U.S.
- Influurr, a Brazilian influencer marketing platform, raises $10 million in a Series A round to expand its operations and enhance campaign management.
Pravaler raises $75 million through FIDCs to reach more students
Education financing platform Pravaler has successfully raised $75 million through Credit Rights Investment Funds (FIDCs), bringing its total funding for the year to $123.6 million.
Founded in 2001, Pravaler provides student loans to help Brazilian students access higher education by providing student loans. It partners with over 500 educational institutions and controls 80% of Brazil's private student financing market. The company has disbursed over $1.7 billion to support education in the country, with notable university partners like Estácio, Universidade Anhembi Morumbi, and Universidade Cruzeiro do Sul.
Pravaler plans to use the newly raised funds to expand student credit access across Brazil, focusing on high-demand fields like Medicine. The company aims to enhance social mobility, enabling more students to pursue higher education and improve their future employment prospects.
