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Download The List of the 100 Highest-Valued Unicorns

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The 11 Unicorns Founded in Sao Paulo (2024)

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Have you ever wondered which private companies in Sao Paulo have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 11 Sao Paulo unicorn startups, from highest to lowest valuation.

The 11 Unicorns in Sao Paulo

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2,189 Accelerators & Incubators

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1,016 Unicorns

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1,190 Unicorns

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250 FinTech Investors

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1) C6 Bank

C6 Bank

C6 Bank is a bank with no physical branches, but all the convenience of a traditional bank.

Details of the startup:

  • Valuation: $5.05B (December 2020)
  • Started in: 2018
  • Founders: Carlos Fonseca, Leandro Torres, Luiz Calicchio, Marcelo Kalim
  • Industries: Banking, Credit Cards, Finance, Financial Services, FinTech
  • Number of employees: 1,000-5,000
  • Funding: $2,370.50M
  • Funding rounds: 3
  • Number of investors: 1

You can find their website here.

2) Creditas

Creditas

Creditas is a financial technology startup that connects creditworthy individuals with proprietary technology to obtain fast, simple, and competitive financing.

Details of the startup:

  • Valuation: $4.80B (December 2020)
  • Started in: 2012
  • Founders: Sergio Furio
  • Industries: Banking, Consumer Lending, FinTech, Personal Finance
  • Number of employees: 1,000-5,000
  • Funding: $867.44M
  • Funding rounds: 10
  • Number of investors: 25

You can find their website here.

3) Nuvemshop

Nuvemshop

Nuvemshop provides SMBs in Latin America with the tools to setup, manage, and promote their online business.

Details of the startup:

  • Valuation: $3.10B (August 2021)
  • Started in: 2011
  • Founders: Alejandro Alfonso, Alejandro Vazquez, Jose Abuchaem, Martin Palombo, Santiago Sosa
  • Industries: E-Commerce, E-Commerce Platforms, Retail Technology, SaaS
  • Number of employees: 500-1,000
  • Funding: $628.30M
  • Funding rounds: 9
  • Number of investors: 29

You can find their website here.

4) Wildlife Studios

Wildlife Studios

Wildlife Studios is a mobile gaming company that develops and publishes unique games that are fun and challenging.

Details of the startup:

  • Valuation: $3.00B (December 2019)
  • Started in: 2011
  • Founders: Arthur Lazarte, Michael Mac-Vicar, Victor Lazarte
  • Industries: Gaming, Mobile, Video Games
  • Number of employees: 500-1,000
  • Funding: $180.00M
  • Funding rounds: 2
  • Number of investors: 13

You can find their website here.

5) Loft

Loft

Loft is a highly-specialized marketplace for residential real estate that brings together motivated buyers and sellers. Thousands of buyers and sellers use Loft to buy and sell homes.

Details of the startup:

  • Valuation: $2.90B (January 2020)
  • Started in: 2018
  • Founders: Florian Hagenbuch, Gustavo D. Saraiva, João Vianna, Kristian Huber, Marcus Vinicius Grigoletto, Mariana Paixao, Mate Pencz
  • Industries: Marketplace, Property Management, Real Estate
  • Number of employees: 500-1,000
  • Funding: $788.00M
  • Funding rounds: 7
  • Number of investors: 43

You can find their website here.

6) Unico

Unico

unico IDtech is a Brazilian identification technology company that offers facial biometrics and digital admission solutions.

Details of the startup:

  • Valuation: $2.60B (August 2021)
  • Started in: 2007
  • Founders: Diego Torres Martins, Paulo Roberto de Alencastro Junior
  • Industries: Consulting, Identity Management, Information Technology, Software
  • Number of employees: 500-1,000
  • Funding: $235.94M
  • Funding rounds: 3
  • Number of investors: 5

You can find their website here.

7) CloudWalk

CloudWalk

CloudWalk Technology is an artificial intelligence platform that specializes in facial recognition for the banking, public security, and aviation industries.

Details of the startup:

  • Valuation: $2.15B (September 2021)
  • Started in: 2013
  • Founders: Arthur Macedo, Behzad Malek, Bruno Freitas, Eliezer Pimentel, Luis Silva
  • Industries: Credit Cards, Financial Services, Point of Sale, Virtual Currency
  • Number of employees: 100-250
  • Funding: $345.00M
  • Funding rounds: 7
  • Number of investors: 12

You can find their website here.

8) Loggi

Loggi

Loggi provides a technology platform that is used by delivery companies and their couriers. It allows the couriers to pick up deliveries, package shipments, track packages individually or in groups, communicate with each other and with customers, update delivery statuses in real time, and much more.

Details of the startup:

  • Valuation: $2.00B (June 2019)
  • Started in: 2013
  • Founders: Arthur Debert, Eduardo Wexler, Fabien Mendez
  • Industries: Delivery Service, Internet, Logistics, Supply Chain Management
  • Number of employees: 1,000-5,000
  • Funding: $484.32M
  • Funding rounds: 8
  • Number of investors: 17

You can find their website here.

9) Neon

Neon

Neon is a digital bank that offers credit cards, personal loans, and investment products, among other services.

Details of the startup:

  • Valuation: $1.38B (February 2022)
  • Started in: 2016
  • Founders: Pedro Conrade
  • Industries: Banking, Credit, Financial Services, FinTech
  • Number of employees: 500-1,000
  • Funding: $720.42M
  • Funding rounds: 7
  • Number of investors: 13

You can find their website here.

10) CargoX

CargoX

Cargox is a non-profit organization dedicated to disrupting the container shipping sector

Details of the startup:

  • Valuation: $1.00B (October 2021)
  • Started in: 2015
  • Founders: Stefan Kukman
  • Industries: Logistics, Supply Chain Management
  • Number of employees: 1-10
  • Funding: $377.93M
  • Funding rounds: 1

You can find their website here.

11) Movile

Movile

Movile is a Brazilian mobile commerce platform that allows enterprises to create, manage, and market their applications so they can reach a wider audience.

Details of the startup:

  • Valuation: $1.00B (July 2018)
  • Started in: 1998
  • Founders: Andreas Blazoudakis, Eduardo Lins Henrique, Fabio Povoa, Fabricio Bloisi, Leonardo Constantino Oliveira, Leonardo Sales, Marcelo Sales, Rafael Duton
  • Industries: E-Commerce, Information Services, Information Technology, Mobile
  • Number of employees: 1,000-5,000
  • Funding: $394.00M
  • Funding rounds: 10
  • Number of investors: 5

You can find their website here.

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