11 SaaS Startups in Brazil

January 24, 2023

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SaaS startups have become the darling of Venture Capital investors, especially in Brazil. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 11 VC funded SaaS startups in Brazil .

Arquivei

NFes issued for CNPJ are tracked by Arquivei, an online program that also automatically downloads and archives the XML and PDF files. There is no need to install any software on the devices because it operates by reading digital certificates. Users of its panel can browse, print, search, and filter NFE, NFSe, and ES cells according to a variety of parameters, including time and provider. Arquivei for Business establishes a connection with the Department of Finance, downloads all NFes issued for the CNPJ of companies automatically, and stores them in XML and DANFE on the Note Management Panel. It also keeps all invoices up to date before the product is delivered and provides reports, filters, and intelligent search for any content of the notes. Accounting professionals who have access to the Panel may view customer invoices that are stored in Arquivei, monitor and consolidate tax papers like NFes, STCs, and NFSes Ginfes, and conduct intelligent searches on any note's content using filters. Operating out of Brazil's So Carlos is Arquivei.

Company details:
Founders:
Bruno Henrique Oliveira, Christian de Cico, Isis Abbud
Founded:
2013
Based in:
São Carlos Do Pinhal, Sao Paulo, Brazil
Website:
Arquivei
Industries:
Information Services, Information Technology, Intelligent Systems, SaaS, Software
Latest funding:
$48,361,789
Series B
14 December 2021
Total funding:
$52,406,317
Investors
International Finance Corporation, Riverwood Capital, Monashees, NXTP Ventures, Google Launchpad Accelerator

Hi Platform

Hi Platform is a service platform that helps businesses to improve their client interactions. The business is headquartered in Blumenau, Santa Catarina, Brazil, and was established in 2017.

Company details:
Founders:
Alexandre Bernardoni, Marcelo Pugliesi, Mauricio Brentano, Ricardo Heidorn
Founded:
2017
Based in:
São Paulo, Sao Paulo, Brazil
Website:
Hi Platform
Industries:
CRM, Customer Service, Enterprise Software, SaaS, Social CRM, Social Media, Ticketing, Virtual Assistant
Latest funding:
$6,430,159
Series A
30 September 2021
Total funding:
$6,430,159
Investors
CVENTURES, XMS Capital Partners

Idwall

Idwall produces software to assist small and medium-sized enterprises with client credentialing. It focuses on offering organizations solutions and services for document validation, background checks, and identity verification. The business provides users with a real-time alert system so they can confirm consumer information provided during signups and transactions. For its solutions, it also offers consultation and implementation services. Idwall was established in July 2016 and has its corporate headquarters in Sao Paulo, Brazil.

Company details:
Founders:
Lincoln Ando, Raphael Melo, Renan Esposte
Founded:
2016
Based in:
São Paulo, Sao Paulo, Brazil
Website:
Idwall
Industries:
Big Data, Identity Management, Information Technology, SaaS, Security, Software
Latest funding:
$38,000,000
Series C
31 May 2021
Total funding:
$51,800,000
Investors
500 Global, Google for Startups, GGV Capital, Qualcomm Ventures, Canary

Monuv

Monuv increases device efficiency by maximizing the use of hardware and preventing the disposal of electronic waste through the connection of cameras and DVRs and the use of artificial intelligence. Monuv offers a business strategy that combines the owner of the camera, the installation, and artificial intelligence to provide a revolutionary experience for how consumers and companies utilize their security cameras. Brazilian public and private locations are monitored with Monuv's cameras. The platform develops the idea of self-monitoring and introduces the idea of intelligent cooperative surveillance, making cities and places safer.

Company details:
Founders:
Bruno Freitas, Camila Rissi
Founded:
2019
Based in:
São Paulo, Sao Paulo, Brazil
Website:
Monuv
Industries:
Artificial Intelligence, B2B, Big Data, Computer Vision, Internet of Things, SaaS, Security, Smart Cities, Software
Latest funding:
$812,017
Seed
28 June 2021
Total funding:
$812,018
Investors
Indicator Capital

mywork

Mywork is a SaaS that offers features for the people department, such as employee time tracking, vacation scheduling, and perks.

Company details:
Founders:
Thomas Carlsen, Thomas Carlsen, Timor Espallargas
Founded:
2018
Based in:
São Paulo, Sao Paulo, Brazil
Website:
mywork
Industries:
Human Resources, SaaS, Small and Medium Businesses, Software, Subscription Service
Latest funding:
$616,175
Seed
2 November 2021
Total funding:
$616,175
Investors
DOMO Invest, Bossanova Investimentos, A.B.Seed Ventures, Raio Capital

Nuvemshop

Nuvemshop offers small and medium-sized businesses (SMBs) the tools they need to quickly launch, run, and market their online businesses from any platform. Owners are able to engage in the e-commerce market, ramp up their sales, decrease expenses, and offer their end consumers a shopping experience thanks to the company's suite of solutions surrounding payments, shipping, inventory management, and marketing. Nuvemshop was founded in 2011 by co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez.

Company details:
Founders:
Alejandro Alfonso, Alejandro Vazquez, Jose Abuchaem, Martin Palombo, Santiago Sosa
Founded:
2010
Based in:
São Paulo, Sao Paulo, Brazil
Website:
Nuvemshop
Industries:
E-Commerce, E-Commerce Platforms, Retail Technology, SaaS
Latest funding:
$500,000,000
Series E
17 August 2021
Total funding:
$628,382,500
Investors
Google for Startups, Tiger Global Management, Accel, Insight Partners, FJ Labs

Pulses

Pulses is a SAAS and DIY platform for HR professionals and leaders who deal with Engagement, Performance, Culture and Employee Experience. It envisions that leaders and employees can become empowered transformation agents with autonomy, empowerment of their data, and tailored insights to transform their work environments into more enjoyable, productive, and healthy places. It was founded in 2016 and is headquartered in Itajaí, Brazil.

Company details:
Founders:
Fabio Bucior
Founded:
2016
Based in:
Itajaí, Santa Catarina, Brazil
Website:
Pulses
Industries:
Human Resources, SaaS, Software
Latest funding:
$563,412
Seed
20 September 2021
Total funding:
$563,412
Investors
Invisto

Ramper

Ramper is digital marketing & sales platform that helps B2B companies to growth trough generating more leads and selling better. Ramper technology empower users and help the companies to establish a digital and integrated culture in their marketing and sales areas. Ramper's stack includes solutions like CRM, marketing automation, prospecting automation and lead engagement.

Company details:
Founders:
Henrique Machado, Ricardo Corrêa
Founded:
2016
Based in:
São Paulo, Sao Paulo, Brazil
Website:
Ramper
Industries:
Lead Generation, Marketing Automation, SaaS, Sales Automation, Software
Latest funding:
$1,395,283
Seed
12 April 2021
Total funding:
$1,700,842
Investors
DOMO Invest, Smart Money Ventures

SafeSpace

SafeSpace helps to establish a safe, ethical, and inclusive working environment by making it safer for employees to speak out and simpler for compliance and HR teams to take action.

Company details:
Founders:
Claudia Farias, Giovanna Sasso, Natalie Zarzur, Rafaela Frankenthal
Founded:
2020
Based in:
São Paulo, Sao Paulo, Brazil
Website:
SafeSpace
Industries:
Compliance, SaaS, Software
Latest funding:
$1,979,057
Seed
18 November 2021
Total funding:
$2,429,058
Investors
Google for Startups, MAYA Capital, DGF Investimentos, A.B.Seed Ventures, Ariel Lambrecht

Sky.One Solutions

For businesses wishing to change the way they interact with their systems and information in real time, Sky.One provides cloud computing solutions. With a platform that is entirely cloud-based, Sky.One creates tools and applies their expertise in the industry to assist several businesses in overcoming the challenges associated with the cloud migration process. Founded by IT professionals, Sky.One has a team of cloud specialists that focus on building the tools and platforms that are now being used by hundreds of businesses and software solutions worldwide.

Company details:
Founders:
Ricardo Brandão
Founded:
2013
Based in:
São Paulo, Sao Paulo, Brazil
Industries:
Cloud Computing, Cyber Security, Data Integration, Information Services, Information Technology, PaaS, SaaS, Software
Latest funding:
$10,000,000
Series B
1 June 2021
Total funding:
$25,496,753
Investors
Banco Bradesco, InovaBRA, Invest Tech

Vittude

One in four individuals globally are affected by mental illness, which has become the major health issue in recent years. Brazil has the world's most worried, second-most stressed, and fifth-most depressed population, according to the WHO. An annual $1 trillion cost to the world economy results from not treating mental health illnesses Additionally, the cost of missed production due to mental illness reaches $63 billion for Brazilian businesses. Providing employees with mental health support benefits organizations' bottom lines (4x ROI). Covid-19 has increased the use of online treatment, and psychological assistance is now a crucial component of luring and keeping the top talent. The mental health and welfare of employees is being impacted by Vittude, which has more than 70 corporate clients like Grupo Boticário, Raia Drogasil, SAP, Microsoft, Olist, Resultados Digitais, Warren, 99, and others. With more than 3 million unique visits each month, Vittude is also the top in Latin America for mental health content (5x bigger than 2nd player).

Company details:
Founders:
Everton Höpner, Tatiana Pimenta
Founded:
2016
Based in:
São Paulo, Sao Paulo, Brazil
Website:
Vittude
Industries:
Health Care, Marketplace, Psychology, SaaS, Therapeutics
Latest funding:
$7,000,000
Series A
15 March 2022
Total funding:
$8,408,114
Investors
Google for Startups, Scale-Up Ventures, Crescera Capital, SuperJobs, Redpoint eventures

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