🏙️

São Paulo

Metro area · Brazil · Pop. 22M · #33 city by EV

A public taster of the full São Paulo ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

1,272 Pool of Funded Startups

New Startups

416 Annual Startups FoundedAll new ventures

164 Annual Startups FundedReceived investment

get funded 39%

1,030Startups

522 Pre-Seed Startups$100K–1M

298 Seed Startups$1–4M

Pre-Seed to Seed 18%

210 Series A Startups$4–15M

Seed to Series A 26%

179Breakouts

113 Series B Breakouts$15–40M

A to Series B 35%

66 Series C Breakouts$40–100M

B to Series C 33%

63Scaleups

40 Mega Scaleups$100–250M

reach Mega 3.1%

23 Mega+ Scaleups$250M+

reach Mega+ 1.8%

25Valuation Outcomes

23 Unicorns($1–10B valuation)

reach Unicorn 1.8%

2 Decacorns($10–100B valuation)

reach Decacorn 0.16%

Pre-Seed

522

Seed

298

Series A

210

Series B

113

Series C

Unicorn

Decacorn

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Quarterly report

São Paulo's latest quarter in venture capital

VC raised by São Paulo-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.

Latest complete quarter

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Largest rounds

Largest funding rounds in São Paulo

A live treemap of the largest VC rounds. Each cell is one round into São Paulo-headquartered companies, grouped by Dealroom sector.

Largest rounds in São Paulo - 2026

Every $15M+ VC round into São Paulo-headquartered companies in 2026, grouped by Dealroom sector.

- rounds · - raised

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VC investment

How much venture capital flows into São Paulo

VC investment into São Paulo-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Academia

São Paulo's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to São Paulo.

University-linked startup formation

University spinouts

1,312

Total alumni-founded companies

874

Of which startups (<$15M raised)

310

Breakouts ($15M-100M)

128

Scaleups ($100M+)

Location comparison

How São Paulo stacks up

Compare São Paulo with peers from the same country (Brazil) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

São Paulo

$194B

$130B

$39B

$24.5B

$15.5B

$14.1B

$9.6B

$4.9B

Combined enterprise value of each ecosystem.

Sector concentration

Where São Paulo punches above its weight

Sectors in which São Paulo's share of the global unicorn pool is bigger than its overall share. A 5× over-index means São Paulo is 5× more represented in that sector than in the global average. Source: top-hub aggregation across the 18 simplified sectors.

🎓 Edtech

14.0×

3 unicorns · 7.9% of global sector

🛒 eCommerce & Marketplaces

9.13×

9 unicorns · 5.1% of global sector

💸 Fintech

6.14×

11 unicorns · 3.5% of global sector

More data

Explore Dealroom data →

Country Brazil South America · Pop. 212M · #14 startup ecosystem by EV Region South America Continent / region · Pop. 434.3M · #18 region by EV

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