Amount$690M
Post-money valuation$2.5B
SeriesSeries C
AnnouncedApr 14, 2022
RegionBrazil
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series C round (15.3× the median) — an outlier.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution99th pct
smaller Series C roundslarger
Post-money valuation90th pct
$29Mthis round: $2.5B$3B
