In Sao Paulo, many creative startups are changing different industries. This list shares the top 12 unicorns in Sao Paulo, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Sao Paulo a center of innovation. Learn about the amazing companies that call Sao Paulo home.
List of Top 12 Unicorns in Sao Paulo
1. C6 Bank
A Brazilian digital bank that provides banking, credit, and investment solutions for customers.
Company Details:
- Country: Brazil
- Valuation: $5.05B
- Industry: Fintech
- Founded Year: 2018
- Total Funding Raised: $755.74M
- Joined Unicorn Club: 12/2/2020
- Key Investors: Credit Suisse
- Total Investors: 16
- Total Funding Deals: 6
- Website: https://www.c6bank.com.br/
2. Creditas
A Brazilian digital lending platform that provides secured loans and lending solutions for individuals and small businesses.
Company Details:
- Country: Brazil
- Valuation: $4.80B
- Industry: Fintech
- Founded Year: 2012
- Total Funding Raised: $867.44M
- Joined Unicorn Club: 12/18/2020
- Key Investors: Kaszek Ventures, Amadeus Capital Partners, Quona Capital
- Total Investors: 25
- Total Funding Deals: 5
- Website: https://www.creditas.com.br/
3. Nuvemshop
An Argentinian e-commerce platform that provides online store solutions and services for businesses in Latin America.
Company Details:
- Country: Brazil
- Valuation: $3.10B
- Industry: E-commerce & direct-to-consumer
- Founded Year: 2011
- Total Funding Raised: $628.3M
- Joined Unicorn Club: 8/17/2021
- Key Investors: Kaszek Ventures, Qualcomm Ventures, Accel
- Total Investors: 24
- Total Funding Deals: 2
- Website: https://www.nuvemshop.com.br/
4. Wildlife Studios
A Brazilian mobile game developer that provides mobile gaming solutions and services for gamers.
Company Details:
- Country: Brazil
- Valuation: $3B
- Industry: Other
- Founded Year: 2011
- Total Funding Raised: $180M
- Joined Unicorn Club: 12/5/2019
- Key Investors: Benchmark, Bessemer Venture Partners
- Total Investors: 9
- Total Funding Deals: 2
- Website: https://www.wildlifestudios.com/
5. Loft
A Brazilian real estate platform that provides real estate solutions and services for individuals and businesses.
Company Details:
- Country: Brazil
- Valuation: $2.90B
- Industry: E-commerce & direct-to-consumer
- Founded Year: 2018
- Total Funding Raised: $788M
- Joined Unicorn Club: 1/3/2020
- Key Investors: Monashees+, Andreessen Horowitz, QED Investors
- Total Investors: 34
- Total Funding Deals: 4
- Website: https://loft.com.br/
6. CloudWalk
A Brazilian facial recognition technology company that provides facial recognition solutions and services for businesses.
Company Details:
- Country: Brazil
- Valuation: $2.15B
- Industry: Fintech
- Founded Year: 2013
- Total Funding Raised: $345M
- Joined Unicorn Club: 9/8/2021
- Key Investors: Plug and Play Ventures, Valor Capital Group, DST Global
- Total Investors: 14
- Total Funding Deals: 1
- Website: https://www.cloudwalk.io/
7. Loggi
A Brazilian logistics and delivery company that provides logistics and delivery solutions and services for businesses.
Company Details:
- Country: Brazil
- Valuation: $2B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2013
- Total Funding Raised: $484.32M
- Joined Unicorn Club: 6/5/2019
- Key Investors: Qualcomm Ventures, SoftBank Group. Monashees+
- Total Investors: 15
- Total Funding Deals: 4
- Website: https://www.loggi.com/
8. Dock
A Brazilian blockchain data management platform that provides blockchain data management solutions and services for businesses.
Company Details:
- Country: Brazil
- Valuation: $1.50 B
- Industry: Fintech
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 5/12/2022
- Key Investors: Viking Global Investors, Riverwood Capital, Lightrock
- Total Investors: –
- Total Funding Deals: –
- Website: https://dock.io/
9. Neon
A Brazilian digital banking platform that provides banking solutions and services for individuals.
Company Details:
- Country: Brazil
- Valuation: $1.38B
- Industry: Fintech
- Founded Year: 2016
- Total Funding Raised: $720.42M
- Joined Unicorn Club: 2/14/2022
- Key Investors: Propel Venture Partners, Monashees+, BBVA
- Total Investors: 16
- Total Funding Deals: 2
- Website: https://neon.com.br/
10. CargoX
A Brazilian blockchain-based logistics platform that provides logistics solutions and services for businesses.
Company Details:
- Country: Brazil
- Valuation: $1B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2015
- Total Funding Raised: $377.93M
- Joined Unicorn Club: 10/21/2021
- Key Investors: Valor Capital Group, Lightrock, Softbank Group
- Total Investors: 18
- Total Funding Deals: 3
- Website: https://cargox.io/
11. Unico
A Brazilian real estate investment platform that provides real estate investment solutions and services for investors.
Company Details:
- Country: Brazil
- Valuation: $1B
- Industry: Artificial intelligence
- Founded Year: 2007
- Total Funding Raised: $235.94M
- Joined Unicorn Club: 8/3/2021
- Key Investors: Big Bets, General Atlantic, SOFTBANK Latin America Ventures
- Total Investors: 5
- Total Funding Deals: 1
- Website: https://unico.com.br/
12. Movile
A Brazilian mobile technology company that provides mobile technology solutions and services for businesses.
Company Details:
- Country: Brazil
- Valuation: $1B
- Industry: Mobile & telecommunications
- Founded Year: 1998
- Total Funding Raised: $394M
- Joined Unicorn Club: 7/12/2018
- Key Investors: Innova Capital – FIP, 3G Capital Management, Prosus Ventures
- Total Investors: 4
- Total Funding Deals: –
- Website: https://movile.com/
Conclusion
In conclusion, the top 12 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Sao Paulo. As these companies reshape industries and set new standards, Sao Paulo is sure to secure its place as a global leader in innovation and growth.