Internal Server Error

Unicorn startups in Brazil (May, 2026)

Last updated:
A unicorn is a startup marked at USD 1 Billion or more. These are highly innovative and market disruptive startups. Brazil has more than 57.9K+ startups. Of these, 25 have become Unicorns, with the latest entrant to the club being QI Tech on Apr 25, 2024. In 2026, Brazil has seen no new unicorn startups.
Globally, Brazil is number 11 in terms of total Unicorns created, behind South Korea (33 unicorns) at rank 10 and Canada (33 unicorns) at rank 9. Sao Paulo leads the list of cities in Brazil with most unicorns at 18. It is followed by Curitiba (3 unicorns) and Itaim Bibi (1 unicorn). Among sectors, FinTech has seen the most unicorns created at 12, followed by Consumer at 9, and Enterprise Applications at 6
Here is a list of all 25 unicorns created in Brazil:
QI Tech joined the Unicorn Club on Apr 25, 2024 after raising a $50M Series B funding round led by General Atlantic, valuing it at $1B.
Screenshot of the website of QI Tech
Provider of open banking API solutions. It offers a solution that enables businesses to build financial products using APIs. It features debt management solutions, credit analysis, escrow accounts for secured payments, statement issuance, and more.

Key facts about QI Tech

  • Founded Year: 2018
  • Location: Sao Paulo (Brazil)
  • Stage: Series B
  • Primary Sector: Banking Tech
  • Time to Unicorn: 6 years 3 months
  • Top investors : GIC, Across Capital
  • Valuation: $*****
  • Total Funding till date: $374M
  • Employee Count: 453 as on Apr 30, 2026
  • Latest Funding Round: Series B, Jul 31, 2025, $*****

24. Dock

Dock joined the Unicorn Club on May 12, 2022 after raising a $110M Series D funding round led by Lightrock, SLW, valuing it at $1.5B.
Screenshot of the website of Dock
Developer of open banking API solutions. It provides users with banking-as-a-platform via open APIs. It also provides a white-label mobile banking platform along with white-label debit cards. It also enables banks to provide services to customers such as P2P money transfers, cash withdrawals, bill payments, and more via mobile platforms.

Key facts about Dock

  • Founded Year: 1997
  • Location: Sao Paulo (Brazil)
  • Stage: Acquired
  • Primary Sector: Banking Tech
  • Time to Unicorn: 25 years 4 months
  • Top investors : Capital Group, Temasek
  • Last Known Valuation: $*****
  • Total Funding till date: $280M
  • Employee Count: 1,006 as on Apr 30, 2026
  • Latest Funding Round: Series D, May 12, 2022, $*****

23. Neon

Neon joined the Unicorn Club on Feb 14, 2022 after raising a $300M Series D funding round led by BBVA, valuing it at $1.6B.
Screenshot of the website of Neon
Provider of an online bank for consumers. Its services include deposit accounts, money transfers, bill payments, NFC-enabled debit cards for online/offline purchases, and cash withdrawals. It offers an app-based platform that is available on iOS and Android stores.

Key facts about Neon

  • Founded Year: 2016
  • Location: Sao Paulo (Brazil)
  • Stage: Series E
  • Primary Sector: Banking Tech
  • Time to Unicorn: 6 years 1 month
  • Top investors : BlackRock, Across Capital
  • Valuation: $*****
  • Total Funding till date: $924M
  • Employee Count: 1,874 as on Apr 30, 2026
  • Latest Funding Round: Series E, Jul 10, 2025, $*****

22. Facily

Facily joined the Unicorn Club on Dec 23, 2021 after raising a $135M Series D funding round led by Prosus, Goodwater Capital, valuing it at $1B.
Screenshot of the website of Facily
App-based group-buying shopping platform for multi-category products. The app enables users to buy as a group across different product categories like fashion, groceries, beauty, home improvement, etc, call their friends & play together, earn referral rewards, and more.

Key facts about Facily

21. Olist

Olist joined the Unicorn Club on Dec 15, 2021 after raising a $186M Series E funding round led by Wellington, valuing it at $1.5B.
Screenshot of the website of Olist
Provider of software suite solutions for e-commerce businesses. It connects retailers and marketplaces for selling products. The company enables sellers to manage listings, inventory, orders, shipment tracking, chatbot, and more.

Key facts about Olist

Cloud Walk joined the Unicorn Club on Nov 17, 2021 after raising a $150M Series C funding round led by Coatue, valuing it at $2.15B.
Screenshot of the website of Cloud Walk
Developer of a blockchain and a platform for payment solutions. The company provides a blockchain designed for payment networks, featuring scalability and security. It also offers a platform providing payment products and software. The platform aims to grant pricing to help customers unlock purchasing power.

Key facts about Cloud Walk

  • Founded Year: 2013
  • Location: Brazil
  • Stage: Series C
  • Primary Sector: Payments
  • Time to Unicorn: 8 years 10 months
  • Top investors : DST Global, Firebolt Ventures
  • Valuation: $*****
  • Total Funding till date: $481M
  • Employee Count: 715 as on Apr 30, 2026
  • Latest Funding Round: Series C, Nov 17, 2021, $*****

19. frete

frete joined the Unicorn Club on Nov 10, 2021 after raising a $200M Series D funding round led by SoftBank Latin America Fund, Tencent, valuing it at $1B.
Screenshot of the website of frete

Key facts about frete

Cargo X joined the Unicorn Club on Oct 15, 2021 after raising a $200M Series F funding round led by SoftBank Group, Tencent, valuing it at $1B.
Screenshot of the website of Cargo X
Online marketplace for freight transportation services. It is an online marketplace that connects shippers with carriers/truckers/brokers for freight transportation services across Brazil. Shippers can generate quotes by providing shipments details (such as pick-up/delivery locations/timings, type of load to be moved, etc), book and track services in real-time. Offers a driver app & management portals for business to manage operations. It manages and issues essential transport documents digitally, and also assists with risk analysis and cost management. Claims to use machine learning algorithms to optimize operations and provide data-driven analytics.

Key facts about Cargo X

Nuvemshop joined the Unicorn Club on Aug 17, 2021 after raising a $500M Series E funding round led by Insight Partners, Tiger Global Management, valuing it at $3.1B.
Screenshot of the website of Nuvemshop
Nuvemshop (also known as Tiendanube in Spanish-speaking countries) is a SaaS-based e-commerce platform provider for businesses of all sizes across Latin America. The company offers a complete ecosystem of solutions that enables merchants to build, manage, and scale their online and omnichannel sales operations. It include a customizable online store builder, integrated proprietary payment processing (Nuvem Pago/Pago Nube), shipping logistics management (Nuvem Envio), and an extensive app store for connecting marketing, sales, and management tools.

Key facts about Nuvemshop

16. Unico

Unico joined the Unicorn Club on Aug 03, 2021 after raising a $121M Series C funding round led by General Atlantic, SoftBank, valuing it at $1B.
Screenshot of the website of Unico
Provider of digital identity verification and authentication solutions for businesses. The company offers platforms for identity validation, fraud prevention, and digital admission. Solutions include facial biometrics, document verification, and data integration. These tools aim to enhance security, streamline processes, and improve user experience for various industries.

Key facts about Unico

15. Omie

Omie joined the Unicorn Club on Aug 03, 2021 after raising a $112M Series C funding round led by SoftBank, valuing it at $1B.
Screenshot of the website of Omie
Provider of online enterprise resource planning software for business management. The software offers tools for sales, stock, finance, and service management. It provides customer relationship management and artificial intelligence functions. The platform includes features such as customer prospecting, digital certificates, and document management. It also provides integration with online stores and marketplaces.

Key facts about Omie

14. 2TM

2TM joined the Unicorn Club on Jul 01, 2021 after raising a $200M Series B funding round, valuing it at $2.1B.
Screenshot of the website of 2TM
Provider of blockchain infrastructure network for financial markets. It provides users with blockchain protocols for the finance industry. It also democratizes cryptocurrencies and digital assets, offering different solutions for companies and end consumers. It also provides security solutions for funding and investment operations. Its product includes Bitrust for the security of custodian assets, Clearbook for investment in startups, and more.

Key facts about 2TM

Mercado Bitcoin joined the Unicorn Club on Jul 01, 2021 after raising a $200M Series B funding round led by SoftBank Latin America Fund, SoftBank, valuing it at $2.1B.
Screenshot of the website of Mercado Bitcoin
Online trading platform for cryptocurrency. It allows users to buy & sell multiple assets through the platform. It also allows users to exchange digital assets.

Key facts about Mercado Bitcoin

  • Founded Year: 2013
  • Location: Sao Paulo (Brazil)
  • Stage: Series B
  • Primary Sector: Cryptocurrencies
  • Time to Unicorn: 8 years 6 months
  • Top investors : Endeavor, SoftBank
  • Valuation: $*****
  • Total Funding till date: $238M
  • Employee Count: 666 as on Apr 30, 2026
  • Latest Funding Round: Series B, Jul 01, 2021, $*****

12. Loggi

Loggi joined the Unicorn Club on Mar 01, 2021
Screenshot of the website of Loggi
Loggi provides an online platform to avail on-demand delivery services in select Brazilian locations. It caters to both individuals & businesses (restaurants, offices, e-tailers, etc.) and offers APIs, mobile & web apps to enable their clients to place & track orders. It utilizes a fleet of crowdsourced delivery agents who use motorcycles or automobiles to fulfill the order. Its mobile app is available for iOS and Android devices. Corporate clients include Google, Samsung, Mercado Livre, McDonald's, and Pizza Hut among others.

Key facts about Loggi

Creditas joined the Unicorn Club on Jan 12, 2021 after raising a $255M Series E funding round led by LGT Group, Tarsadia, Wellington and 1 more, valuing it at $1.6B.
Screenshot of the website of Creditas
Creditas is an online platform for asset-backed loans. Users can use a property or vehicle as collateral to get secured loans. Users can make a loan request and receive a personalized loan proposal. The rates of the loan with property in the guarantee are from 0.99% per month, and the rates of a loan with the vehicle under guarantee are from 1.59% per month.

Key facts about Creditas

  • Founded Year: 2012
  • Location: Brazil
  • Stage: Series E
  • Primary Sector: Alternative Lending
  • Time to Unicorn: 9 years
  • Top investors : Wellington, Naspers
  • Valuation: $*****
  • Total Funding till date: $567M
  • Employee Count: 2,119 as on Mar 31, 2026
  • Latest Funding Round: Series E, Jan 12, 2021, $*****
MadeiraMadeira joined the Unicorn Club on Jan 07, 2021 after raising a $190M Series D funding round led by SoftBank Group, valuing it at $1B.
Screenshot of the website of MadeiraMadeira
Online retailer offering multi-category home improvement products. The product catalog includes furniture, home appliances, home decor, housewares, garden supplies, andmore.

Key facts about MadeiraMadeira

  • Founded Year: 2009
  • Location: Curitiba (Brazil)
  • Stage: Series D
  • Primary Sector: Home Improvements
  • Time to Unicorn: 12 years
  • Top investors : SoftBank Group, Endeavor
  • Valuation: $*****
  • Total Funding till date: $300M
  • Employee Count: 2,170 as on Apr 30, 2026
  • Latest Funding Round: Series D, Jan 07, 2021, $*****
Creditas joined the Unicorn Club on Dec 18, 2020 after raising a $255M Series E funding round led by Lightrock, valuing it at $1.6B.
Screenshot of the website of Creditas
Online platform for asset-backed consumer loans. It offers various loans including such as vehicle-backed loans, property-backed loans, personal loans, payroll loans, salary advances, and more. The asset-backed loans are provided on the basis of collateral evaluation. The platform is integrated into the company's existing payroll software in order to provide payroll loans to employees. It also enables users to exchange debts for a secured loan. It provides an app-based platform that is available on iOS and Android devices.

Key facts about Creditas

C6bank joined the Unicorn Club on Dec 04, 2020
Screenshot of the website of C6bank
C6 Bank is an internet first bank for consumers and businesses. Its services include money transfers, savings/current account, cash withdrawal, bill payments, and more. It also provides an NFC-enabled debit card, credit card, travel card, membership card, and more.

Key facts about C6bank

  • Founded Year: 2018
  • Location: Sao Paulo (Brazil)
  • Stage: Series C
  • Primary Sector: Banking Tech
  • Time to Unicorn: 2 years 11 months
  • Top investors : JPMorgan Chase, TNB
  • Valuation: $*****
  • Total Funding till date: $99M
  • Employee Count: 4,968 as on Apr 30, 2026
  • Latest Funding Round: Series C, Jun 28, 2021, $*****

7. Loft

Loft joined the Unicorn Club on Jan 03, 2020 after raising a $175M Series C funding round led by Vulcan Capital, Andreessen Horowitz, valuing it at $1B.
Screenshot of the website of Loft
Loft is an online reseller of residential properties. Property owners can request for a proposal online and schedule a property visit. Based on the company's inspection of the property a proposal is offered. The company offers assistance with documentation. Property buyers can browse through available options on the company's website and buy the property of their choice. Additionally, the company also offers mortgage services by partnering with banks such as CAIXA, Bradesco, and Itau among others.

Key facts about Loft

Wildlife Studios joined the Unicorn Club on Dec 05, 2019 after raising a $60M Series A funding round led by Benchmark, valuing it at $1.3B.
Screenshot of the website of Wildlife Studios
Wildlife is a mobile game development studio. The company specializes in developing sports & casual games. Some of the games developed by the company include Tennis Clash, Sniper 3D, Color By Number, War Machines & Zooba, etc. These games are available on the Mobile platform.

Key facts about Wildlife Studios

EBANX joined the Unicorn Club on Oct 16, 2019 after raising a Undisclosed Series B funding round led by FTV Capital, Endeavor.
Screenshot of the website of EBANX
Provider of international payment solutions for global companies. They are specialized in cross-border payment processing, offering Latin American local payment methods to international merchants to facilitate transactions in emerging markets. It helps global businesses accept payments in local LATAM currencies.

Key facts about EBANX

  • Founded Year: 2012
  • Location: Curitiba (Brazil)
  • Stage: Series C
  • Primary Sector: Payments
  • Time to Unicorn: 7 years 9 months
  • Top investors : Endeavor, FTV Capital
  • Valuation: $*****
  • Total Funding till date: $460M
  • Employee Count: 866 as on Apr 30, 2026
  • Latest Funding Round: Series C, Jun 15, 2021, $*****
QuintoAndar joined the Unicorn Club on Sep 10, 2019
Screenshot of the website of QuintoAndar
Online brokerage firm for rental properties. The platform enables property seekers to specify a location and obtain a list of registered properties. Once a property is shortlisted users can schedule visits and book it via the platform. For the property owners, the company provides assistance in renting the property from taking professional photographs to closing the deal.

Key facts about QuintoAndar

iFood joined the Unicorn Club on Nov 13, 2018 after raising a $500M Series F funding round led by Innova Capital, Naspers, valuing it at $1.5B.
Screenshot of the website of iFood
Operator of an online platform for ordering food and groceries. The platform facilitates delivery services from restaurants, markets, beverage providers, pharmacies, and pet shops. It also provides a channel for individuals to register as delivery personnel. The platform offers resources for restaurants and markets to establish an online presence.

Key facts about iFood

  • Founded Year: 2011
  • Location: Sao Paulo (Brazil)
  • Stage: Series F
  • Primary Sector: Food Tech
  • Time to Unicorn: 7 years 10 months
  • Top investors : Naspers, PROSPER
  • Valuation: $*****
  • Total Funding till date: $592M
  • Employee Count: 14,305 as on Apr 30, 2026
  • Latest Funding Round: Series F, Nov 13, 2018, $*****
Nubank joined the Unicorn Club on Mar 01, 2018 after raising a $150M Series E funding round led by DST Global.
Screenshot of the website of Nubank
Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.

Key facts about Nubank

  • Founded Year: 2013
  • Location: Sao Paulo (Brazil)
  • Stage: Public
  • Primary Sector: Banking Tech
  • Time to Unicorn: 5 years 2 months
  • Top investors : Harvest Growth Capital, TCV
  • Annual Revenue: €46.6B as on Dec 31, 2024
  • Total Funding till date: $2.27B
  • Employee Count: 11,551 as on Mar 31, 2026
  • Latest Funding Round: Series G, Jun 08, 2021, $*****

1. 99

99 joined the Unicorn Club on Jan 03, 2018
Screenshot of the website of 99
Operator of a network providing ride and delivery services. It facilitates connections for transportation and delivery. The network includes options for both passengers and drivers. Additionally, it offers food delivery services connecting customers with restaurants.

Key facts about 99

FAQs about unicorn startups in Brazil

Tracxn powers 1,000+ customers across 30+ countries
Accel PartnersPartechIN-Q-TEL - USFujitsuTenityStanford