With more than 200 million people and a rapidly growing economy, Brazil is a hot country for startups who are aggressively engaged to innovate and grab a share of the market. Brazil is an interesting market for companies looking to develop new business models and develop a business stronghold for expansion in Latin America.
Operating in multiple industries, Brazilian startups are spearheading new businesses primarily through new technologies. And though they primarily rely upon innovation to reach a broad base of customers and create new productive systems, Brazilian startups are disrupting numerous industries including automotive, transportation, marketing, logistics, real estate, retail, commerce, and food delivery. Furthermore, many of these top startups are also FinTech companies, disrupting the broader financial sector, one of the most interesting to quickly become profitable and reach explosive financial growth.
Some of these startups are already famous in Brazil, reaching a large part of the population with their products and services. But as they are rapidly growing in Brazil, several of these rather young companies have already launched their operations abroad, especially in the Latin American region. Having become successful through their innovative approach and their extensive reach into the large Brazilian population, some of these startups have also already reached the acclaimed “Unicorn” status, that is to say, a valuation of more than a billion US dollars.
List of the 30 top-funded startups from Brazil
Here is the list of the top 30 best-funded Brazilian startups with details about each company, total amount of funds received by the company in US $ or Brazilian Reals (R$) according to Crunchbase, as of January 15, 2020 (with R$ converted to US $ with the rate of 0.2411 $/R$), together with a direct link to the company’s website.
Note that this post is part of series:
- Top US startups
- Top Canadian startups
- Top UK startups
- Top German startups
- Top Indian startups
- Top Australian startups
Shortcuts to each startup
To facilitate your browsing in this long list, here are quick links to go directly to the details of any startup. Be sure to also check the Top 10 companies summary after the list!
To give you a quick overview of the largest startups from Brazil in 2020, here is a synthesizing image regrouping the information of the top 10. Note that you can use this image to embed it on your website and other digital properties using the embed code below.
<a href="http://onedeepwell.com/top-brazilian-startups/" rel="noopener noreferrer"><img src="http://onedeepwell.com/wp-content/uploads/2020/01/top-10-brazilian-startups.jpg" alt="Top 10 Brazilian Startups 2020"></a>
Here are the top 30 best-funded startups from Brazil. Did we forget any? Did you buy any product or service from them? Which one do you think provides the most useful product? Let us know in the comments below!