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Tag: Kavak

Investment of R$2.5 billion (US$485,000), inventory with 20,000 cars, 16 million visitors on the site, besides 92,000 in the stores: The superlative numbers tell a little of Kavak's trajectory in the first year of activities in Brazil, completed in...
RIO DE JANEIRO, BRAZIL - According to research by venture capital firm ALLVP, these countries, unlike other Latin American nations, only have no more than two candidate companies that aspire to a valuation of more than US$1 billion. The reasons?...
RIO DE JANEIRO, BRAZIL - Buk, a Chilean startup focused on human resources management, closed a US$50 million Series A funding round, with the incorporation of shareholders such as U.S. Venture Capital fund Greenoaks, investment bank Softbank, and contributions...
RIO DE JANEIRO, BRAZIL - With demand on the rise, prices have climbed to levels unseen since the Cruzado Plan (in the 1980s). Some models have appreciated by over 20% in one year. In a normal market, cars lose...
RIO DE JANEIRO, BRAZIL - Kavak, a Mexican startup for buying and reselling used vehicles, has announced a Series E funding round. The funds raised a total of US$700 million and relied primarily on participation from venture capital group...
RIO DE JANEIRO, BRAZIL - With the latest capital contribution, the market value of QuintoAndar - the largest platform for renting, buying and selling real estate in Brazil - has increased from US$4 billion to US$5.1 billion. It lies...
RIO DE JANEIRO, BRAZIL -  The group of Argentine unicorns formed by Mercado Libre, Globant, Despegar and OLX, was enlarged last year with the arrival of Auth0. But the startup hotbed emerged this year with half a dozen companies...
RIO DE JANEIRO, BRAZIL - The cryptocurrency market is becoming increasingly relevant in the Latin American startup ecosystem: According to a survey published Tuesday, 6, two of the region's largest startups operate in the sector. Digital banks and real...
RIO DE JANEIRO, BRAZIL - A year into its operation, Mexican fintech Clara has recently received a US$30 million Series A investment, led by DST Global's Tom Stafford, with contributions from funds such as Monashees, Kaszek Ventures, Avid Ventures,...

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