Unicorns in Brazil
Dealroom tracks 30 unicorns headquartered in Brazil — companies that reached a verified $1B+ valuation — worth $141.6B combined, plus 6 thoroughbreds generating $100M+ in annual revenue. Updated August 2026.
Every unicorn in Brazil
All 30 companies headquartered in Brazil that reached a verified $1B+ valuation, ranked by latest valuation. Click a company for its full Dealroom profile.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Nubank | Fintech | São Paulo | 2013 | $70B | IPO 2021 |
| 2 | XP Investimentos | Fintech | São Paulo | 2001 | $15B | IPO 2019 |
| 3 | iFood | eCommerce & Marketplaces | Osasco | 2011 | $5.4B | Private |
| 4 | QuintoAndar | eCommerce & Marketplaces | São José do Rio Preto | 2012 | $5.1B | Private |
| 5 | Smart Fit | eCommerce & Marketplaces | São Paulo | 2009 | $4B | IPO 2021 |
| 6 | Creditas | Fintech | São Paulo | 2012 | $3.3B | Private |
| 7 | Nuvemshop | Marketing | São Paulo | 2011 | $3.1B | Private |
| 8 | Wildlife | Consumer Services | São Paulo | 2011 | $3B | Private |
| 9 | Loft | eCommerce & Marketplaces | São Paulo | 2018 | $2.9B | Private |
| 10 | Unico | Cybersecurity | São Paulo | 2007 | $2.6B | Private |
| 11 | 2TM | Fintech | São Paulo | 2013 | $2.2B | Private |
| 12 | CloudWalk | Fintech | São Paulo | 2013 | $2.2B | Private |
| 13 | C6 Bank | Fintech | São Paulo | 2018 | $2.1B | Private |
| 14 | Loggi | Transportation | São Paulo | 2013 | $2B | Private |
| 15 | QI Tech | Fintech | São Paulo | 2018 | $2B | Private |
| 16 | Ascenty | Other | Vinhedo | 2010 | $1.8B | Private |
| 17 | Afya | Edtech | Nova Lima | 2016 | $1.7B | IPO 2019 |
| 18 | Neon | Fintech | São Paulo | 2016 | $1.6B | Private |
| 19 | Olist | Marketing | Curitiba | 2015 | $1.5B | Private |
| 20 | Dock | Conductor Technology | Fintech | Barretos | 1999 | $1.5B | Private |
| 21 | Facily | eCommerce & Marketplaces | São Paulo | 2018 | $1.3B | Private |
| 22 | Enter | AI | Brazil | 2023 | $1.2B | Private |
| 23 | Arco Educação | Edtech | São Paulo | 2004 | $1.2B | IPO 2018 |
| 24 | MadeiraMadeira | eCommerce & Marketplaces | Curitiba | 2009 | $1B | Private |
| 25 | CargoX | Transportation | São Paulo | 2013 | $1B | Private |
| 26 | 99 | Transportation | São Paulo | 2012 | $1B | Private |
| 27 | Pismo | Fintech | São Paulo | 2015 | $1B | Private |
| 28 | EBANX | Fintech | Curitiba | 2012 | $1B | Private |
| 29 | Meliuz | Fintech | Belo Horizonte | 2011 | $74M | IPO 2020 |
| 30 | Stone | Fintech | São Paulo | 2013 | $1M | IPO 2018 |
Thoroughbreds — the $100M+ revenue tier
Dealroom's revenue milestone: 6 Brazil companies past $100M in annual revenue, proof of traction beyond paper valuations.
| # | Company | Sector | HQ | Founded | Valuation | Status |
|---|---|---|---|---|---|---|
| 1 | Privalia | eCommerce & Marketplaces | Brazil | 2006 | $550M | Private |
| 2 | Recarga Pay | Fintech | São Paulo | 2010 | $350M | Private |
| 3 | Locaweb | Marketing | São Paulo | 1998 | $328M | IPO 2000 |
| 4 | Infracommerce | Marketing | São Paulo | 2012 | $86M | IPO 2021 |
| 5 | Zenvia | Other B2B Software | Navegantes | 2003 | $43M | IPO 2021 |
| 6 | Grupo Netshoes | eCommerce & Marketplaces | São Paulo | 2000 | — | IPO 2017 |
Frequently asked questions
How many unicorns are there in Brazil?
Dealroom tracks 30 unicorns headquartered in Brazil as of August 2026, worth $141.6B combined. 2 of them are valued at $10B or more.
What are the biggest unicorns in Brazil?
The three most valuable are Nubank, XP Investimentos, iFood. São Paulo is the top hub with 20 of them.
What counts as a unicorn — and what is a thoroughbred?
A unicorn is a company that reached a $1B+ valuation, verified by Dealroom. A thoroughbred is Dealroom's revenue-based tier: a startup-era company generating $100M+ in annual revenue — traction, not just paper valuation.