#Brazil
São Paulo Startup Gringo Lands Series A Investment
Gringo lands Series A investment funded by Kasek
São Paulo base Startup Gringo lands Series A investment led by investment fund KASZEK and co-led by GFC Capital and ONEVC. KASZEK also led the company’s seed round in 2020
São Paulo base Startup Gringo lands Series A investment led by investment fund KASZEK and co-led by GFC Capital and ONEVC. KASZEK also led the company’s seed round in 2020. The latest investment brings the total investment in the company up to $10 million since its 2019 inception or BRL $55 million.
The company provides a digital platform to help drivers in dealing with the bureaucratic complexities of documentation of vehicles, taxes and fines and is also providing financial services to allow customers to finance those costs. Gringo has seen the number of drivers on its platform grow tenfold year over year according to founder and CEO Rodrigo Colmonero. The company has also seen its Gross Merchandise Value double every year and revenues shot up 150x year over year, numbers that caught the eyes of investors. The user base of the platform is now at an impressive 2.5 million users.
“Many of our competitors are focusing on selling products, while we are building a customer-focused company and as a consequence we are solving their pain points while monetizing,” Rodrigo Colmonero told TechCrunch.
The Esquires
Bronstein, Zilberberg, Chueiri & Potenza Advogados acted as legal counsel to Gringo with partner Guilherme Potenza (picture) leading the firm’s deal team with associate Paula Bobrow. The firm is a full service law firm based in São Paulo and is highly recognized as one of the top M&A Venture Capital law firms in the country.
Silicon Valley partner André Thiollier (picture) of Global law firm Foley & Lardner LLP led the firm’s deal team on matters related to U.S. law with associate Courtney King. The firm is a US-based full service global law firm with over 25 offices around the globe.
Mevo Raises $20 Million Series B Round Led by Investment Fund Matrix
Beep Saúde Lands Investment of $15 million from Lightsmith Group, CZI of Mark Zuckerberg and David Vélez of Nubank
Unico IDtech Acquires Trully.AI Securing a Foothold in Latin America’s Second Largest Market
Latinvex Recognizes Andre Thiollier as Top 100 Latin American Lawyer Among Global Law Firms
The 12th Annual Latinvex Top 100 Latin American Lawyers from Global Law Firms
Fintech Nomad Lands Series-B Round of $61 Million for The Largest Fintech Equity Finance Deal of the Year in Latin America
Foley & Lardner acted as legal counsel to Nomad and Wilson Sonsini represented the Tiger Group
Mexico’s Clara Raised $60 Million in Equity Round Led by GGV Capital
Foley & Lardner and Gunderson Deter acted as legal counsel in the transaction
Zuckerberg Invests in Beep Saude Alongside Banco Bradesco
TozziniFreire partners João Busin and Juliana Maluf represented Mark Zuckerberg's CZI and the investors
Agrolend Raises Series-B of $27 Million from Global Fund Lightrock
Agrolend, the Brazilian fintech for rural producers, raises its Series-B backed from global investment fund Lightrock. Lightrock poured in Agrolend...
-
#Brazil3 anos agoJe Suis Ukraine
-
#Brazil3 anos agoBrazil Credit Fintech TerraMagna Raised $40 Million Led by Softbank in Its First Entry into Farming
-
#Latinamerica3 anos agoLatin America Stands Out in November Venture Capital and Acquisition Activities
-
#Brazil3 anos agoMattos Filho Advised Underwriters in Nubank’s IPO
-
#Brazil3 anos ago
Agrolend Raises $14 Million All-Equity Series A Led by Valor Capital
-
#Latinamerica3 anos agoHow Fundable is Your Startup
-
#Brazil3 anos agoGoldman Sachs Invests in Unico IdTech and Takes the Brazilian SaaS Startup Valuation above $2,5 Billion
-
#Brazil2 anos agoCarbonext Receives $40 Million from Shell for Carbon Credit Projects in Brazil’s Amazon
-
#Brazil3 anos agoBrazil’s Medway Lands Series-A Round of $15 Million Led by Softbank Latin American Fund
-
#Brazil3 anos agoBrazil’s Grão Direto Lands Series-A2 from Agribusiness Powerhouses Cargill, Louis Dreyfus Company, Archer Daniels Midland Company and Amaggi Agro.
-
#Brazil3 anos agoDigital Private Pension Broker Saks Lands BRL 26 Million Seed Investment from Itaú-Unibanco’s Private Equity Fund Kinea and Canary
-
#Brazil2 anos agoFintech Nomad Buys Husky to Close Loop in Providing Global Financial Accounts to Brazilians
Pingback: Foley advised Gringo Series A by Kaszek • Beyond the Law
Pingback: Latin America venture capital and acquisitions November • Beyond the Law
Pingback: Clubbi landed seed round by Valor Capital and ONEVC • Beyond the Law