Top Unicorn Startups in Brazil for 2024

In Brazil, we rank 18 unicorn startups based on an algorithm that considers factors such as total investment, quarterly employee count, and website traffic. Unicorns in Brazil are falling behind the performance of their global counterparts.

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Top Unicorn Startups in Brazil for 2024

SB Score:775

iFood dominates food delivery in Latin America, providing a wide range of restaurant options and quick delivery service right to your door.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Sao Paulo)

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SB Score:770

QuintoAndar is a Brazilian real estate platform that simplifies the rental and sales process through technology, providing listings, visit scheduling, and contract management.

Industry:
Ecommerce & Retail
Subindustry:

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SB Score:761

Ebanx is a Latin American payments platform that helps global merchants sell their products locally by offering a wide range of local payment methods.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Curitiba)

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Total amount:18

Best Software & Data Startups in Brazil for 2024

Brazil startups in the Software & Data industry are overperforming their global industry peers. The top three Software & Data unicorns in Brazil have raised more than USD 916M, an amount that is higher than the global industry average.
SB Score:678

Nuvem Shop is a cloud-based e-commerce solution in Brazil, empowering SMBs to build and customize online stores with integrated payment, shipping, and marketing tools. Based in São Paulo and Buenos Aires, Nuvem Shop offers a user-friendly platform for retailers to thrive in the digital marketplace.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Sao Paulo)

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SB Score:623

Unico, an IDTech startup, streamlines digital identity verification for seamless interactions between individuals and businesses. Simplifying the process, Unico enhances security and efficiency in personal data management.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Sao Paulo)

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SB Score:3

Movile invests in and grows tech companies and individuals to maximize their potential. With a dedicated team driven by challenges, we aim to impact 1 billion lives through innovative technology, effective management, and a strong culture.

Industry:
Software & Data
Subindustry:
Apps

City Rank (Sao Paulo)

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Total amount:3

Most Valuable Unicorns in Brazil for 2024

The top three most valuable unicorns in Brazil have raised total funding of more than USD 8.46B. Among the top three funded unicorns, the most popular industry, based on total funding, is Edtech.
SB Score:770

QuintoAndar is a Brazilian real estate platform that simplifies the rental and sales process through technology, providing listings, visit scheduling, and contract management.

Industry:
Ecommerce & Retail
Subindustry:

City Rank (Sao Paulo)

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SB Score:727

C6 Bank is a digital bank providing a wide range of banking services for individuals and small to midsize businesses. It offers a full-service experience with convenient online features, making banking easier and more accessible for its customers.

Industry:
Fintech
Subindustry:
Online Banking

City Rank (Sao Paulo)

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SB Score:191

Brazil's premier fintech platform specializes in providing secured loans. Offering a secure and efficient way for users to access funding, the platform is the largest of its kind in the country.

Industry:
Fintech
Subindustry:
Fintech-Other

City Rank (Sao Paulo)

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Regional Rank (South America)

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SB Score:678

Nuvem Shop is a cloud-based e-commerce solution in Brazil, empowering SMBs to build and customize online stores with integrated payment, shipping, and marketing tools. Based in São Paulo and Buenos Aires, Nuvem Shop offers a user-friendly platform for retailers to thrive in the digital marketplace.

Industry:
Software & Data
Subindustry:
SaaS

City Rank (Sao Paulo)

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SB Score:634

Wildlife Studios, founded in Brazil in 2011, is a top 10 global mobile gaming company. With a truly global presence, the studio has become a leader in the industry.

Industry:
Social & Leisure
Subindustry:
Edtech

City Rank (Sao Paulo)

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SB Score:623

Unico, an IDTech startup, streamlines digital identity verification for seamless interactions between individuals and businesses. Simplifying the process, Unico enhances security and efficiency in personal data management.

Industry:
Software & Data
Subindustry:
Artificial Intelligence

City Rank (Sao Paulo)

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SB Score:559

Introducing a cutting-edge merchant acquirer, revolutionizing payment processing for businesses. Simplify transactions, optimize revenue, and enhance customer experience with our innovative platform. Join the future of payments with seamless integration and advanced analytics.

Industry:
Fintech
Subindustry:
Payments

City Rank (Sao Paulo)

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SB Score:733

Loggi streamlines same-day food delivery and courier services, making them faster, more cost-effective, and efficient. With a focus on time and cost savings, Loggi delivers convenience to businesses and customers alike.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Sao Paulo)

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9th

Dock
SB Score:282

Dock is a premier technology provider in Latin America, delivering integrated payment and banking solutions for businesses. Their platform seamlessly combines card issuance, digital banking, and acquiring services, empowering clients to enhance value, foster innovation, and achieve scalable growth.

Industry:
Fintech
Subindustry:
Financial Services

City Rank (Sao Paulo)

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10th

Olist
SB Score:642

Olist is a dynamic ecosystem that empowers small and medium-sized businesses by streamlining logistics and providing access to capital. In an evolving commerce landscape dominated by platforms like Shopify, Amazon, and Alibaba, Olist enhances SMBs' competitiveness and growth potential in the global market.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce & Retail-Other

City Rank (Curitiba)

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Regional Rank (South America)

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Total amount:18

Top Hiring Unicorns in Brazil by Employee Number

The top three hiring unicorns in Brazil have an average employee size that is smaller than to the global average. Among these, the Transportation industry features the unicorn with the largest workforce.
SB Score:775

iFood dominates food delivery in Latin America, providing a wide range of restaurant options and quick delivery service right to your door.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Sao Paulo)

0

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Regional Rank (South America)

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Global Rank (WorldWide)

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SB Score:770

QuintoAndar is a Brazilian real estate platform that simplifies the rental and sales process through technology, providing listings, visit scheduling, and contract management.

Industry:
Ecommerce & Retail
Subindustry:

City Rank (Sao Paulo)

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SB Score:753

MadeiraMadeira revolutionizes the online construction material market, providing a wide range of products for all finishing needs. As a pioneer in e-commerce, they lead the way in simplifying the buying process for customers looking for quality materials.

Industry:
Ecommerce & Retail
Subindustry:
Ecommerce

City Rank (Curitiba)

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Regional Rank (South America)

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SB Score:733

Loggi streamlines same-day food delivery and courier services, making them faster, more cost-effective, and efficient. With a focus on time and cost savings, Loggi delivers convenience to businesses and customers alike.

Industry:
Transportation
Subindustry:
Logistics

City Rank (Sao Paulo)

0

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Regional Rank (South America)

0

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Global Rank (WorldWide)

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Total amount:18

Explore the Startup Ecosystem of Brazil

Population

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216.4 Million

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Regional Rank

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1st

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Global Rank

(WorldWide)

27th

0

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