Tracxn - Geo Monthly Report - Latam Tech - Dec 2021
Download as PPTX, PDF0 likes26 views
The Tracxn monthly report for December 2021 provides a comprehensive overview of the Latin American tech sector, highlighting $1.1 billion in investments across 132 funding rounds. Key insights include emerging unicorns like Olist and Facily, a spotlight on major investors such as SoftBank and GIC, and notable funding rounds in cities like São Paulo and Mexico City. The report also identifies trends in business models, categorizing high levels of funding in online car dealerships and digital banks.
Tracxn - Geo Monthly Report - Latam Tech - Dec 2021
- 1. TRACXN MONTHLY REPORT DECEMBER 2021 LATAM TECH
- 2. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Contents 2 Latam Tech Snapshot 3 Investment Snapshot 4 List of Funding Rounds 5 New Investors 9 Top Funded Business Models - last 1 year 11 New Analyst Picks 12 IPOs 16 Acquisitions 17 Recent News 19
- 3. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Latam Tech Snapshot – December 2021 Latam Tech: Snapshot – December 2021 Note : "Investors" refers to "Institutional Investors" only 3 $1.1B 21 1 Overall Geo Stats 20 13 132 37 32 Funding Rounds $ Invested Analyst Picks Olist Upgraded to UNICORN New Investors D1 Ventures gda.capital Series A+ rounds Active Investors IPOs Nubank Acquisitions MultiLatin Altoplat Top Funding Rounds Top Markets Top Investors Top Cities Monthly Leader Board Sao Paulo (8 Rounds, $220M) Bogota (6 Rounds, $109M) Mexico City (4 Rounds, $237M) Guatemala City (2 Rounds, $11.3M) $186M - Series E Olist (2015, Curitiba, $314M) $135M - Series D Facily (2018, Sao Paulo Do Potengi, $501M) $115M - Series D Open Co (2021, Sao Paulo, $115M) $102M - Series C Kueski (2012, Mexico City, $114M) SoftBank Group Corp (4 Investments) Valor (4 Investments) Monashees (3 Investments) International Finance Corporation (2 Investments) E-Commerce Enablers Olist Alternative Lending Kueski Social Commerce Facily Banking Tech Open Co Market Size Companies Covered 24,498 Funded Companies 4,165 Total Funding $30.7B Funding in last 12 months $14.9B Top Exits IPOs 44 Acquisitions 428 Company Stage Unicorns 28 Soonicorns 64 Minicorns 203 Editor Picks 1,528 Series A+ 589 Series C+ 136 Acqui-Hires 4 Deadpooled 2,065 Top Cities Sao Paulo (641 Rounds, $13.0B) Mexico City (295 Rounds, $2.4B) Top Investors Start-Up Chile (195 Investments) Y Combinator (123 Investments)
- 4. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Investment Snapshot Investment Snapshot of Latam Tech as of December 2021 Latam Tech: Investment Snapshot 4 # Rounds $ Funding Investment Trend Top Investments (December 2021)* Olist (2015, Curitiba, $314M) $186M - Series E Wellington Management Facily (2018, Sao Paulo Do Potengi, $501M) $135M - Series D Prosus Open Co (2021, Sao Paulo, $115M) $115M - Series D SoftBank Latin America Fund Kueski (2012, Mexico City, $114M) $102M - Series C Addi (2018, Bogota, $203M) $80.0M - Series C GIC Clara (2019, Mexico City, $104M) $70.0M - Series B Coatue Nowports (2018, Monterrey, $81.5M) $60.0M - Series B DST Global Merama (2020, Mexico City, $345M) $60.0M - Series B Advent International ArquiveiOficial (2014, Sao Carlos, $53.0M) $48.0M - Series B Riverwood Capital Ambar (2013, Sao Paulo, $63.5M) $36.0M - Series C Echo Capital Agrofy (2015, Rosario, $66.0M) $30.0M - Series C Yara Growth Ventures *Shows only the lead Investors
- 5. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. List of Funding Rounds (1/4) List of Funding Rounds in Latam Tech in December 2021 Latam Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 5 LATE STAGE $30.0M - Series C Shopper (2015, Sao Paulo, $56.5M) Online retailer of grocery products GIC, Minerva Foods, Quartz, GRUPO OIKOS, Floating Point LATE STAGE $30.0M - Series C Agrofy (2015, Rosario, $66.0M) Online marketplace for farm inputs Yara Growth Ventures LATE STAGE $36.0M - Series C Ambar (2013, Sao Paulo, $63.5M) Provider of digital solutions for construction industry Echo Capital, Oria Capital, Argonautic, TPG LATE STAGE $80.0M - Series C Addi (2018, Bogota, $202.5M) Online platform for point of sale financing GIC, SoftBank Group Corp LATE STAGE $102.0M - Series C Kueski (2012, Mexico City, $113.8M) Online platform for personal loans , OnePrime Capital, Cometa, Richmond Global Ventures, Glisco Partners, and 5 more LATE STAGE $115.0M - Series D Open Co (2021, Sao Paulo, $115.0M) Loan life cycle management software for financial institutions SoftBank Latin America Fund, International Finance Corporation, , LATE STAGE $135.0M - Series D Facily (2018, Sao Paulo Do Potengi, $501.0M) App-based group-buying shopping platform for multi- category products Prosus, Goodwater Capital LATE STAGE $186.0M - Series E Olist (2015, Curitiba, $314.4M) Multi Channel Platform Selling for SMB's Wellington Management, Grupoglobo, Corton Capital, SoftBank Group Corp, Valor, and 2 more EARLY STAGE $3.8M - Series A Pacifiko (2019, Guatemala City, $3.8M) Online retailer offering multi-category products
- 6. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. List of Funding Rounds (2/4) List of Funding Rounds in Latam Tech in December 2021 Latam Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 6 EARLY STAGE $4.5M - Series A Solvento (2017, Mexico City, $4.5M) Online platform for invoice financing Dynamo, Marco, , Zenda EARLY STAGE $5.0M - Series A Atlas Governance (2016, Sao Paulo, $5.0M) Cloud based corporate governance management software provider Volpe Capital EARLY STAGE $7.5M - Series A Osigu (2015, Guatemala City, $7.5M) Online insurance claims processing platform for the insurance industry IDC Ventures, Jose Vargas EARLY STAGE $8.1M - Series A Lentesplus (2013, Bogota, $14.2M) Online retail store for contact lenses and other eye products DG Ventures, IGNIA, , Palm Drive Capital, Fen Ventures EARLY STAGE $10.0M - Series A Azos (2020, Sao Paulo, $10.0M) Online life insurance platform for individuals Prosus, Kaszek Ventures, Maya Capital, Propel Venture Partners EARLY STAGE $14.0M - Series A Slang App (2013, Bogota, $14.0M) Provider of online SaaS and app-based English language learning solutions DILA Capital, Acumen Latam Capital Partners, Salesforce Ventures, Impact Engine, Inter-American Development Bank, and 1 more EARLY STAGE $15.0M - Series B Kernel (2019, Buenos Aires, $15.0M) Platform offering plant-based meat products EARLY STAGE $20.0M - Series A BHub (2004, Sao Paulo, $24.6M) Cloud-based accounting administration solutions for SMBs Valor, Monashees, Picus Capital, QED Investors, Clocktower Technology Ventures
- 7. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. List of Funding Rounds (3/4) List of Funding Rounds in Latam Tech in December 2021 Latam Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 7 EARLY STAGE $48.0M - Series B ArquiveiOficial (2014, Sao Carlos, $53.0M) Cloud-based invoice management solutions for businesses Riverwood Capital, International Finance Corporation, NXTP Ventures, Endeavor, Constellation Advisers EARLY STAGE $60.0M - Series B Merama (2020, Mexico City, $345.0M) Platform acquiring eCommerce businesses Advent International, SoftBank Group Corp EARLY STAGE $60.0M - Series B Nowports (2018, Monterrey, $81.5M) AI and tech-enabled freight forwarding service provider DST Global, Tiger Global Management, SoftBank Group Corp, Mouro Capital, Foundation Capital, and 3 more EARLY STAGE $70.0M - Series B Clara (2019, Mexico City, $103.5M) NFC-enabled credit card and expense management solutions for corporates Coatue, Avid Ventures, Alter, Monashees, Global Founders Capital, and 2 more SEED STAGE $455.0K - Seed Yerbo (2020, Cordoba, $455.0K) Provider of a platform for tracking and prevention of burnout Newtopia SEED STAGE $1.3M - Seed Forward Protocol (2021, , $1.3M) Blockchain-based no-code toolkit for app deployment , CRT Capital Group, , BlackDragon, Octopus Capital, and 21 more SEED STAGE $1.8M - Seed Comunica.In (2018, Sao Paulo, $1.8M) Internal communications management platform provider Valor, Honey Island Capital, Norte Capital SEED STAGE $2.0M - Seed Sumer (2021, Bogota, $2.0M) Platform offering solution to create virtual store for businesses Susa Ventures, 8VC, Marathon Ventures, Broom Ventures, Felipe Villamarin, and 2 more SEED STAGE $2.6M - Seed QueroQuitar (2013, Sao Paulo, $2.6M) Online platform for debt settlement
- 8. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. List of Funding Rounds (4/4) List of Funding Rounds in Latam Tech in December 2021 Latam Tech: List of Funding Rounds Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE 8 SEED STAGE $3.0M - Seed Ignite Tournaments (2021, San Juan, $3.0M) Bloackchain-based platform offering esports tournaments Yield Guild, Ascensive Assets, Morningstar Ventures, Moonboots Capital, Mechanism Capital, and 9 more SEED STAGE $4.5M - Seed Clubbi (2020, Rio De Janeiro, $5.0M) Online marketplace platform offering multi-category grocery supplies Valor, Latitud, Onevc, Canary, Better Tomorrow Ventures SEED STAGE $5.1M - Seed Aptuno (2019, Bogota, $7.7M) Online home rental listing platform to discover residential apartments Dalus Capital, Kayyak, Amador, Salkantay Ventures, FJ Labs, and 9 more SEED STAGE Seed Datasketch (2015, Bogota) Cloud based data visualization solution provider Media Development Investment Fund SEED STAGE Seed Eat With Better (2019, ) Platform offering plant-based food products RPSG Capital Ventures SEED STAGE Seed Fusion Farms (2017, Puerto Rico) Developer of sustainable hurricane-protected aquaponic farms PROZ
- 9. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. New Investors (1/2) List of New Investors in Latam Tech in December 2021 Latam Tech: List of New Investors 9 Investor Company Info Round Amount Round Name D1 Ventures 13 portfolio companies | Limited information available Ignite Tournaments Bloackchain-based platform offering esports tournaments $3.00M Seed gda.capital 3 portfolio companies | Global Digital Asset Capital Markets Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed Yield Guild 11 portfolio companies | Provider of NFT-based play-to-earn game Ignite Tournaments Bloackchain-based platform offering esports tournaments $3.00M Seed Polygon Studios 7 portfolio companies | Limited information available Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed tokenova 1 portfolio companies | Provider of blockchain development services Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed Impact Engine 1 portfolio companies | Multi screen Ad automation platform Slang App Provider of online SaaS and app-based English language learning solutions $14.00M Series A oiginvest.com 5 portfolio companies | Provider of blockchain investment services Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed Moonboots Capital 1 portfolio companies | Ignite Tournaments Bloackchain-based platform offering esports tournaments $3.00M Seed Utopian Capital 1 portfolio companies | Utopian Capital | Explore. Conceive. Create. Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed darkpoolcapital.vdtrxn 1 portfolio companies | Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed
- 10. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. New Investors (2/2) List of New Investors in Latam Tech in December 2021 Latam Tech: List of New Investors 10 Investor Company Info Round Amount Round Name Broom Ventures 5 portfolio companies | Venture capital fund focused on early-stage tech companies Sumer Platform offering solution to create virtual store for businesses $2.00M Seed DG Ventures 36 portfolio companies | Venture capital fund focused on multiple sectors Lentesplus Online retail store for contact lenses and other eye products $8.12M Series A lts.vdtrxn 1 portfolio companies | Limited information available Open Co Loan life cycle management software for financial institutions $115M Series D Yara Growth Ventures 2 portfolio companies | Venture capital and funds of fund focused on agrotech and greentech sectors Agrofy Online marketplace for farm inputs $30.00M Series C Echo Capital 9 portfolio companies | Tech-focused Growth stage VC firm investing primarily in the US Ambar Provider of digital solutions for construction industry $36.00M Series C MarketAcross 6 portfolio companies | Performance-based ICO marketing firm Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed Marathon Ventures 1 portfolio companies | Foods and beverages processing company Sumer Platform offering solution to create virtual store for businesses $2.00M Seed Marathon Capital 1 portfolio companies | M&A and corporate advisory focused on the renewable energy sector Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed nfttech.com 3 portfolio companies | Forward Protocol Blockchain-based no-code toolkit for app deployment $1.25M Seed Salesforce Ventures 1 portfolio companies | Venture capital firm focused on cloud companies Slang App Provider of online SaaS and app-based English language learning solutions $14.00M Series A
- 11. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Top Funded Business Models - last 1 year * Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year. 11 Rank Business Model $ Funding # Rounds Top Funding Round 1 ▲4 Online Used Cars Dealers $1.2B 2 Kavak | $700M | Series E 2 ▲1 Digital Native Banks $1.2B 3 Nubank | $750M | Series G 3 ▲24 E-Commerce Storefronts $591M 4 Tiendanube | $500M | Series E 4 ▲128 iBuying Platforms $545M 3 Loft | $425M | Series D 5 -- Cancer Detecting App $521M 1 Wecancer | $521M | Series D 6 ▼-4 B2C Hyperlocal Delivery $511M 3 Rappi | $500M | Series F 7 ▲32 Group Buying Platforms $489M 4 Facily | $250M | Series D 8 ▲10 Cryptocurrency Trading Platforms $488M 3 Bitso | $250M | Series C 9 ▲57 Internet First Residential Real Estate Brokers $441M 3 QuintoAndar | $300M | Series E 10 -- Business Payments Solutions $400M 1 EBANX | $400M | Series C
- 12. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. New Analyst Picks (1/4) Interesting Companies identified by Analysts in Latam Tech in December 2021 Latam Tech: Analyst Picks 12 Upgraded to UNICORN Olist (2015, Curitiba, Undisclosed, Series A) Multi Channel Platform Selling for SMB's Goldman Sachs, Redpoint Ventures, Velt and 14 other Investors Upgraded to UNICORN Facily (2018, Sao Paulo Do Potengi, $250M, Series D) App-based group-buying shopping platform for multi- category products Alter, Quona Capital, Founders Fund and 19 other Investors Upgraded to UNICORN Merama (2020, Mexico City, $60.0M, Series B) Platform acquiring eCommerce businesses Lara Lemann, SoftBank, Rhombuz and 12 other Investors Upgraded to UNICORN Clara (2019, Mexico City, $3.5M, Seed) NFC-enabled credit card and expense management solutions for corporates Canary, Picus Capital, DST Global and 7 other Investors Upgraded to SOONICORN Kueski (2012, Mexico City, $1.3M, Seed) Online platform for personal loans Rise Capital, Cometa, FJ Labs and 18 other Investors Upgraded to SOONICORN Agrofy (2015, Rosario, $1.0M, Series B) Online marketplace for farm inputs Capria, NXTP Ventures, Acre Venture Partners and 12 other Investors Upgraded to SOONICORN Nowports (2018, Monterrey, $60.0M, Series B) AI and tech-enabled freight forwarding service provider Ricardo Weder, Soma Capital, Partech Partners and 16 other Investors Upgraded to SOONICORN ArquiveiOficial (2014, Sao Carlos, $48.0M, Series B) Cloud-based invoice management solutions for businesses E Bricks Ventures, Igah Ventures, Liga Ventures and 8 other Investors Upgraded to SOONICORN Ambar (2013, Sao Paulo, $36.0M, Series C) Provider of digital solutions for construction industry Echo Capital, Barrah, E Bricks Ventures and 4 other Investors
- 13. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. New Analyst Picks (2/4) Interesting Companies identified by Analysts in Latam Tech in December 2021 Latam Tech: Analyst Picks 13 Upgraded to MINICORN Slang App (2013, Bogota, $14.0M, Series A) Provider of online SaaS and app-based English language learning solutions ALLVP, Inter-American Development Bank, Roble Ventures and 10 other Investors Upgraded to MINICORN Azos (2020, Sao Paulo, $10.0M, Series A) Online life insurance platform for individuals Alter, Propel Venture Partners, Kaszek Ventures and 2 other Investors Upgraded to MINICORN BHub (2004, Sao Paulo, $4.6M, Seed) Cloud-based accounting administration solutions for SMBs Picus Capital, Addition Capital, Equitas and 6 other Investors Upgraded to MINICORN Forward Protocol (2021, , $1.3M, Seed) Blockchain-based no-code toolkit for app deployment BlackDragon, Magnus Capital, and 23 other Investors Upgraded to MINICORN Clubbi (2020, Rio De Janeiro, $4.5M, Seed) Online marketplace platform offering multi-category grocery supplies Canary, Valor, Better Tomorrow Ventures and 2 other Investors Upgraded to MINICORN Kernel (2019, Buenos Aires, $15.0M, Series B) Platform offering plant-based meat products Upgraded to MINICORN Osigu (2015, Guatemala City, $7.5M, Series A) Online insurance claims processing platform for the insurance industry Jose Vargas, Invariantes Fund, ATW Partners and 2 other Investors Upgraded to MINICORN Sumer (2021, Bogota, $2.0M, Seed) Platform offering solution to create virtual store for businesses Marathon Ventures, Felipe Villamarin, 8VC and 4 other Investors Upgraded to MINICORN Atlas Governance (2016, Sao Paulo, $5.0M, Series A) Cloud based corporate governance management software provider Volpe Capitaland
- 14. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. New Analyst Picks (3/4) Interesting Companies identified by Analysts in Latam Tech in December 2021 Latam Tech: Analyst Picks 14 Added to Editor's Pick Netlift (2012, Mexico City, $1.3M, Seed) Ridesharing iOS app Invest Quebec, SDTC, BDC and 5 other Investors Added to Editor's Pick Sunu (2013, Jalisco, $120K, Seed) Provider of a smart wristband for visually impaired individuals Mita Ventures, Arkfund, Toushka Capital and 6 other Investors Added to Editor's Pick Homecenter (1993, Bogota, Unfunded) E-distributor offering home construction and improvement products Added to Editor's Pick Henry (2020, Olivos, $670K, Seed) Online platform providing educational resources related to software development Xylo Capital, Accion, Noveus Capital and 2 other Investors Added to Editor's Pick yalla group (2019, Unfunded) Provider of an online news platform for multiple sports Added to Editor's Pick MiBolsillo Financial Technologies (2018, Lima, Unfunded) AI-backed and app-based financial advisory platform for individuals Techstarsand Added to Editor's Pick Ignite Tournaments (2021, San Juan, $3.0M, Seed) Bloackchain-based platform offering esports tournaments Genblock, Ascensive Assets, SKYVISION and 11 other Investors Added to Editor's Pick SafeSpace (2015, Sao Paulo, $2.0M, Seed) Cloud based integrated IT compliance management software provider DGF Investimentos,Maya Capital,ABSeedand Added to Editor's Pick Drops (2021, , $1.0M, Seed) Financial solutions for cryptocurrencies BitScale Capital, , AU21 Capital and 4 other Investors Added to Editor's Pick Karvi (2020, Buenos Aires, $3.0M, Seed) Online B2C marketplace for used cars Launchpad Capital,Pelham Capitaland Added to Editor's Pick Pacifiko (2019, Guatemala City, $3.8M, Series A) Online retailer offering multi-category products Added to Editor's Pick MS BANK (2013, Curitiba, Unfunded) Online platform for individual and business remittances
- 15. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. New Analyst Picks (4/4) Interesting Companies identified by Analysts in Latam Tech in December 2021 Latam Tech: Analyst Picks 15 Added to Editor's Pick IDEAGRI (2019, Belo Horizonte, Unfunded) Provider of livestock management software Added to Editor's Pick DailyKit (2018, Panama, Unfunded) Provider of e-commerce and production management solutions for mealkit manufacturers Added to Editor's Pick Tesouro Verde (2021, Sao Paulo, Unfunded) SaaS-based platform to calculate and offset the carbon footprint Capital Empreendedorand Added to Editor's Pick Bitrust Custody (2020, Sao Paulo, Unfunded) Digital custody solutions for cryptocurrency Gear Venturesand Added to Editor's Pick Biopix (2018, Sao Paulo, Unfunded) Provider of an AR and AI-based virtual try-on platform for the fashion industry Added to Editor's Pick Hubcrop (2014, Curico, Unfunded) Provider of quality control and traceability solutions to fruit businesses Added to Editor's Pick EasyWay (2015, Sao Paulo, Unfunded) App-based remittance solution for individuals
- 16. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. IPO Date Company IPO Mcap Exchange Ticker 10 Dec 2021 Nubank (2013, Sao Paulo, $2.3B) Digital bank for individuals and businesses $41.5B BVMF:NUBR33 IPOs List of IPOs in Latam Tech in December 2021 Latam Tech: IPOs 16
- 17. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Acquisitions (1/2) List of Acquisitions in Latam Tech in December 2021 Latam Tech: Acquisitions 17 Acq. Date Company Acquirer Deal Size 01 Dec 2021 MultiLatin(2011, Polanco) Provider of employee background screening solutions First Advantage 06 Dec 2021 Altoplat(2010, Sarandi) Online platform for industrial equipment rentals Mills 07 Dec 2021 Cacao Paycard(2017, Mexico City) Prepaid card and financial management solutions for individuals Dock 08 Dec 2021 Beetrack(2012, Las Condes) Delivery management software DispatchTrack 10 Dec 2021 Velo(2018, Blumenau) Credit analysis solution for property leasing businesses QuintoAndar 13 Dec 2021 Redelcom(2010, Santiago) Hardware-based POS terminals for merchants and businesses MercadoLibre 14 Dec 2021 Iguaçu – Celulose(1943, Sao Jose Dos Pinhais) Manufacturer of sustainable paper bags CMPC $166.6M 15 Dec 2021 Remessa Online(2016, Sao Paulo) Online platform for international payments. EBANX $229.0M 17 Dec 2021 Fluxonaut(2015, Sao Paulo) SaaS-driven information aggregator platform Gorila 21 Dec 2021 Movidesk(2012, Blumenau, $2.2M) Customer communication management platform Zenvia
- 18. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Acquisitions (2/2) List of Acquisitions in Latam Tech in December 2021 Latam Tech: Acquisitions 18 Acq. Date Company Acquirer Deal Size 22 Dec 2021 Babytuto(2013, Santiago, $0.8M) Baby Products and Information portal Walmart 23 Dec 2021 FISA(2003, Panama City) Platform offering ingredient solutions for the food and beverage industry Archer Daniels Midland Company 23 Dec 2021 Newcon Software(2003, Tupa) Accounting & business management solutions for businesses Sinqia $74.7M
- 19. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Recent News (1/2) Recent News in Latam Tech in December 2021 Latam Tech:News 19 Exit News . ● Nubank sets the U.S. IPO stock issue price at $9 per share 36Kr . ● Brazilian digital lender Nubank raises $2.6bn in US IPO at $41.5bn valuation Retail Banker International . ● Mercado Libre Is Acquiring Redelcom to Enhance its Strategy in Payment Systems Crowdfund Insider . ● Blockchain.com Becomes the Largest Crypto Company in Latin America with the Acquisition of Argentinian Crypto ... PR Newswire . ● Dock closes Cacao acquisition Finextra . ● Data Software Platform Semantix to Become Publicly Traded on Nasdaq via SPAC Merger with Alpha Capital MarTech Series . ● Quintoandar Acquires Navent To Strengthen Its Real Estate Offering In Latin America PR Newswire . ● ZENVIA announces agreement to acquire Movidesk PR Newswire . People News .
- 20. Latam Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Explore more on Tracxn Explore more about Latam Tech on Tracxn Platform Latam Tech: Explore more on Tracxn Platform 20 Companies Recent Companies Covered Funded Companies Editor's Pick Soonicorn Club SaaS Companies in Latam AI Companies in Latam Fintech Companies Latam Consumer Digital in Latam Company Due Diligence Detailed profile of Rappi Competitors of Kavak Cap Tables of Loft Investment Activity Recent Investments Investment Trend of last 10 years Mega Investments Rounds Investors Most Active Investors Most Active Angel Investors Unicorn Investors Exits IPO'd Companies Recent Acquisitions Most Active Acquirers Recent Acquihires News & Events Recent News News on People News on Unicorns Upcoming Events Library Recent Reports Tracxn Blog Global Sector Landscape
- 21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved. Any and all information either accessed from the website www.tracxn.com or having otherwise originated from Tracxn Technologies Private Limited including but not limited to the information contained herein ("Data") is the sole property of Tracxn Technologies Private Limited (hereinafter "Tracxn"). You shall not recirculate, distribute, transmit, publish, or sell the Data or any portion thereof in any form or by any means, either for commercial or non-commercial use, or permit any third party to use or distribute the Data or any portion thereof; to any other party, except with the prior written consent of Tracxn. You may however incorporate insubstantial portions, extracts, abstracts or summaries from the Data into analysis, presentations or tools for your customers or for your internal use, so long as Tracxn is clearly and visibly identified as the source of information. For further information please refer to our Terms of Use at www.tracxn.com