What is QuintoAndar?
Founded in 2012 and headquartered in Brazil, QuintoAndar operates a comprehensive platform designed to streamline the rental process for residential properties. By digitizing and simplifying interactions between landlords and tenants, the company addresses key pain points in the traditional real estate market. QuintoAndar's innovative approach has positioned it as a leader in the Latin American PropTech landscape, facilitating smoother and more efficient property rentals.
How much funding has QuintoAndar raised?
QuintoAndar has raised a total of $753.6M across 5 funding rounds:
Series A
$7M
Series B
$12.6M
Series C
$64M
Series D
$250M
Series E
$420M
Series A (2016): $7M with participation from Kaszek Ventures
Series B (2016): $12.6M led by Kaszek Ventures, Qualcomm Ventures, and Acacia Partners
Series C (2018): $64M supported by Kaszek Ventures, Qualcomm Ventures, General Atlantic, and QED
Series D (2019): $250M, investors not publicly disclosed
Series E (2021): $420M backed by Kaszek Ventures, Tencent, Greenoaks Global Holdings, Kevin Efrusy, Maverik, Dragoneer Investment Group, LTS, Alta Park, Ribbit Capital, and SoftBank Group
Key Investors in QuintoAndar
Kaszek Ventures
Kaszek is a venture capital firm focused on partnering with exceptional tech entrepreneurs in Latin America, providing capital and expertise to support companies from early stages through to pre-IPO financing.
Tencent
Tencent Holdings Limited is a global technology company offering internet and mobile services, including online games, instant messaging, and online literature, with a significant international presence.
Qualcomm Ventures
Qualcomm Ventures is the venture investment arm of Qualcomm Incorporated, a world leader in wireless technologies, focusing on companies that advance mobile and related technologies.
What's next for QuintoAndar?
With a significant enterprise-level funding history, QuintoAndar is well-positioned for continued expansion and innovation. The recent strategic investment signals a phase of accelerated growth, likely involving further technological development, market penetration within Brazil, and potentially exploring adjacent services within the real estate ecosystem. The company's trajectory suggests a focus on solidifying its market leadership and enhancing its platform's capabilities to serve a broader user base, reinforcing its role as a key player in the digital transformation of real estate.
See full QuintoAndar company page
