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Published On: Fri, Oct 26th, 2018

Startups showing the most potential in Brazil

Brazil is enjoying an economic boom, with the country almost single-handedly helping Latin America to generate more than $1 billion US dollars in venture capital investments in the past year alone. Indeed, the country’s tech startup scene has seen huge growth, with entrepreneurs looking further afield than their own LATAM markets, and instead, thinking of the global picture.

Indeed, just a few years ago, most Brazillian startups would have been happy with growing their market share on the Ilha de Santa Cruz (also known as the Island of the True Cross), but as businesses become increasingly competitive and the Brazillian startup scene becomes more saturated, companies are having to work harder to have their voices heard and make an impact.

Below, we’ve put together some of the most exciting Brazilian startups in recent times, exploring how they have managed to get to where they are today and look towards their bright futures.

Image/CIA

Construct

Designed to improve productivity and save time and money, Construct is an app that allows you to track your construction projects and get the results you need. Construct says that the largest and most innovative real estate businesses use its platform, with testimonials from the likes of TECNISA, BLU and Master. The app works across mobiles and desktops and provides a centralised communications channel and task management system for everyone involved in the construction process, from architects to constructors to the Cheif Executive Officers. Perhaps one of the reasons why the service has proved so popular is that it offers a streamlined service – rather than worrying about firing off emails to relevant departments and waiting for responses, you know that the most up-to-date information can be accessed by everyone on the team.

The startup was founded in 2014 by Beaurline and Patrick Albert and has so far raised almost $1 million dollars in funding. Having been featured by Fast Company, TechCrunch, Exame and more, the company has plans to roll out its services to other territories in the coming years.

Quinto Andar

Allowing users to search, view, book and rent properties, QuintoAndar is one of the most well-known startup businesses in Brazil, with the company raising more than $20 million dollars in funding over the past couple of years to boost its market position and compete against other businesses. Founded by Gabriel Braga and Andre Penha back in 2013, the company now has more than 250 employees across Brazil and is one of the most exciting Brazillian startups. It’s unclear whether the company wants to expand into other markets across Latin America just yet, but it has since diversified into holiday lettings as well as the private rental and landlord market, so we’ll no doubt continue to see more changes as the firm continues to evolve and expand.

Biz Latin Hub

Another business that is performing well in Brazil is the Biz Latin Hub Group, which offers a range of back-office services for businesses looking to expand into Latin America and other territories. The local Brazilian branch is led by Mr. Bruno Bonassi. Covering commercial representation, legal services, company formation, due diligence, recruitment, hiring, visa processing, accounting, taxation and more, the company now has a presence in Argentina, Brazil, Chile, Central America, Colombia, Ecuador, Mexico and Peru, with plans to expand into Australia and the United Kingdom in the coming months. Now considered the market leader in helping local and foreign businesses expand their business, the Hub has grown from strength to strength in just four short years of operation.

Founded by Craig Dempsey and David Wright, Biz Latin Hub has quickly established a name for itself as being able to ‘bridge the professional gap’ between foreign and Latin American culture. As we continue to see across Latin America, taking products and services out of their market into new cultures and territories can be hard work – a product that is well known and loved in Chile, for example, won’t necessarily be an appropriate product in Canada, and so by working with a company like Biz Latin Hub, organisations can make sensible strategic decisions.

PlayKids

Nowadays, our children spend more time on their iPads and devices than ever before, with tech giants like Apple even implementing new features to help parents monitor their children’s screen time. But not all screen time is bad, as PlayKids can attest to. This Brazillian startup is home to hundreds of age-appropriate videos, nursery rhymes, ebooks, games and more for children in Latin America, since expanding into Canada, United States, Mexico as well as Germany, Spain, France, Ireland, the UK, Australia, China, Japan and South Africa. Indeed, the brand really has become a household name in countries around the world thanks to its catchy music and well-designed content that is not only great fun for children and their parents but educational.

Founded by Breno Masi and Eduardo Lins Henrique back in 2013, the company has raised more than $15 million dollars from its parent firm Movile, a mobile development company based in Sao Paulo. The company claims that its products help children enhance their skills, develop teamwork and raise awareness about the world around them, with their multilingual YouTube videos attracting millions of views in their own right and helping them to reach new audiences.

Modern Logistics

Founded back in 2012, Modern Logistics is another Brazillian startup on the rise, now employing more than 50 people from its Jundiaí, São Paulo headquarters. Offering integrated logistics, the company has its own air fleet and hopes to boost its freighter aircraft to 18 by the year 2021. The business claims to be revolutionising the country’s logistics sector, opening up opportunities for businesses wanting to ship their products and services to countries like the United States.

With a focus on its state-of-the-art logistics technology, the company is head and shoulders above its competition, and with the right strategy, it will no doubt become one of the country’s biggest distributors in the coming years, challenging rivals such as azFreight, JSL and SKF.

Brazil is the startup capital of Latin America, exporting some of the world’s most exciting products and services to the masses. If you’re an entrepreneur thinking about growing your own business and taking it to the next level, then what are you waiting for? Get started today!

Author: Colin Steinway

About the Author

- Outside contributors to the Dispatch are always welcome to offer their unique voices, contradictory opinions or presentation of information not included on the site.

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  1. Andrew Jankins says:

    Great Article and Interesting.

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