Welcome to Tech Talents! In this newsletter, I typically share real-time key talent movements in the LatAm tech ecosystem. However, Tech Signals is a special edition that tracks how fast LatAm startups are growing. From news articles, LinkedIn posts, and other public sources, it surfaces the metrics that matter: revenue figures, customer counts, headcount growth, and funding rounds of private startups across Latin America.
Here’s a quick look at what you’ll find in this week’s edition:
📈 Traction Data: Kavak, Caju, BrandLovers & more
👥 Team Expansion: Revi, Tenchi Security & more
🚀 Funding Rounds: Comp, Humand, EFEX & more
👋 Tech Talents Match: Looking for a co-founder or to network? Click here to be connected with top talent that matches your criteria
Let’s dive in…
📈 Traction Data
Revenue figures, ARR milestones, and customer counts from private startups across LatAm.
Lebane, an Argentine AI-native operating system for real estate and construction projects, has scaled 20x since launch, growing from 10 clients in March 2023 to more than 100 in its first year and now serving over 300 clients across Argentina and Mexico. The company employs 45 people and already counts 60 Mexican developers among its customers as it consolidates its regional expansion strategy. [Round Below]
Kavak, the Mexico City–based used car and auto financing platform, closed 2025 with around 120,000 transactions and approximately 40% year-over-year growth, achieving its first full month of consolidated global profitability in December. Its financial arm has originated more than US$1 billion in loans to date and exited Q4 2025 at an annualized credit run rate of roughly US$600 million, entering 2026 with near-100% growth in its fintech operation as it continues to invest in AI and technology. [Round Below]
Caju, a São Paulo-based HRtech that offers an integrated platform for corporate benefits, HR management and employee experience, now serves more than 60,000 client companies and over 1 million users, and has grown to nearly 700 employees.
BrandLovers, a São Paulo-based martech that uses proprietary AI to power its Creator Ads influencer marketing platform, pivoted away from its legacy SaaS product in 2024. Over the last year, the company reports 10x revenue growth, a return to positive cash flow, and adoption by 38 of Brazil’s 50 largest advertisers, including brands such as Coca-Cola, Mercado Livre, Claro, Amazon, Burger King and Magalu.
Spedy, a Cuiabá-based fiscal automation platform for e-commerce, SaaS and infoproduct businesses, closed 2025 with 143% MRR growth and 42% EBITDA, serves more than 7,000 companies with over R$ 5 billion processed, and projects reaching R$1 million in MRR by the end of 2026.
EFEX, a Mexico City– and U.S.-based fintech modernizing global treasury and cross-border payments for mid-market companies, grew its revenues 6x in 2025 and processed more than US$1 billion in payment volume over the same period. The company has expanded its presence across Mexico’s main business hubs, including Mexico City, Monterrey and Guadalajara, as it scales its Mexico–U.S. corridor offering. [Round Below]
Comp, a Brazilian AI-native HRtech focused on total rewards and compensation, closed 2025 with 400% growth and a portfolio of 100 corporate clients including names such as Nubank, Stone, iFood and Creditas. The company now has a 40-person team in São Paulo and is opening a New York office to support its international expansion. [Round Below]
Humand, a Buenos Aires-based HRTech that digitizes internal communication, HR and corporate culture for operational workforces, has surpassed 1.6 million active users worldwide and serves more than 1,500 organizations, including Brazilian customers such as Magalu and MRV and 150,000 users in Brazil alone. The HRTech has also reported around US$5 million in annual revenue in 2024. [Round Below]
Turbi, a São Paulo-based 100% digital car rental and mobility platform, generated R$400 million in revenue in 2025 with a fleet of about 7,000 cars and a 56% EBITDA margin. The company plans to add 5,000 vehicles this year and targets R$700 million in revenue, reinforcing its position as the fourth-largest player in Brazil’s car rental market.
TESS AI, a Brazilian multi-LLM agent platform used by brands like Reserva, Petz and Hypera, reported a US$3 million run rate last month and already serves more than 16,000 paying customers, with expectations to surpass 20,000 soon. The company charges a monthly subscription with usage credits and earns a 20% margin over underlying LLM costs as its AI agents automate operational workflows across client organizations. [Round Below]
👥 Team Expansion
Startups rapidly scaling their teams.
Revi, a São Paulo-based AI-driven conversational commerce platform that powers personalized WhatsApp marketing, saw a ~31% headcount growth over the past quarter, reaching a total of 38 employees.
Futuriza, a Joinville, Brazil-based a fashion-tech company that helps fashion brands accelerate digital growth with generative AI, saw a ~53% headcount growth over the past quarter, reaching a total of 26 employees.
Tenchi Security, a São Paulo-based cybersecurity company specializing in third‑party cyber risk management, saw a ~13% headcount growth over the past quarter, reaching a total of 70 employees.
MeetRox, a Paraná-based AI-powered conversation intelligence platform for revenue teams, saw a ~31% headcount growth over the past quarter, reaching a total of 47 employees.
🚀 Funding Rounds
Funding rounds from the past three weeks fueling the next wave of LatAm tech. Sorted by round size.
Kavak raised a US$300 million Series F round led by Andreessen Horowitz, which committed US$200 million with co-lead WCM Investment Management and participation from Lingotto Innovation, Foxhaven, Galdana Ventures, Stelac and Allen & Company. [Source]
Humand has raised a US$66 million Series A led by Kaszek Ventures and Goodwater Capital, with participation from Y Combinator, Newtopia VC and notable angels including founders of Dropbox, Mercado Livre, Vercel, Rappi and Lyft. [Source]
Solvento, a Mexico City-based fintech providing liquidity and financial infrastructure for transport and logistics companies, secured a US$25 million financing facility from BBVA Spark to expand working-capital access for carriers across Mexico. [Source]
Comp raised a US$17.5 million Series A led by Khosla Ventures, marking the U.S. fund’s first investment in a Brazilian startup. The round also included Kaszek, Canary, Norte Ventures, Abstract Ventures and Endeavor Catalyst. [Source]
EFEX has raised an US$8 million Seed round co-led by PayPal Ventures and Floodgate, with participation from Contour Venture Partners and Nido Ventures. [Source]
Genial Care, a São Paulo-based healthtech that operates a network of multidisciplinary clinics and digital services for children with autism, has raised US$8 million in a Series B round led by General Catalyst, which previously invested US$7 million in its Series A in 2023. [Source]
Zapia, a Montevideo-based AI assistant startup that began on WhatsApp and now runs its own app, has raised an additional US$7 million from Prosus, owner of iFood and Decolar, bringing its total funding to about US$19.1 million since 2023. [Source]
BemAgro has raised R$30.3 million in a Series A round led by The Yield Lab Latam with participation from Colorado Ventures and follow-on from CNH Industrial, Atvos, Agroven, Positive Investimentos, Suzano and MMAgro. [Source]
TESS AI has raised a R$25 million seed round at a R$200 million valuation. The round was led by Mexico’s Hi Ventures, with participation from U.S.-based DYDX Capital and Honeystone. [Source]
Lebane raised a US$4 million seed round co-led by Atlantico and Zacua Ventures, with participation from Fen Ventures, ADN.vc, Kuiper VC and Galicia Ventures. [Source]
Mova Protocol, an urban mobility data platform based in Canoas, Brazil, updated its valuation to R$180 million after completing a US$3 million Seed round. [Source]
Takeat, a Vitória, Brazil–based restaurant management platform for foodservice businesses, raised R$15 million in a Series A round led by DGF Investimentos with participation from Quartzo. [Source]
Tools for the Commons, a São Paulo-based startup building blockchain-based infrastructure for physical and digital special economic zones, has raised a R$10 million pre-seed round. The round includes investors such as 468 Capital, deeptech ecosystem Sthorm, smart contract infrastructure Tanssi, multicoins wallet Coins and smart-city holding Grupo OSPA, plus angels including Stephane Lopes (Grupo Mata) and Barte founders Caetano Lacerda and Raphael Dyxklay. [Source]
Speedbird Aero, a Franca, Brazil-based drone logistics startup that designs and builds delivery drones for sectors like food delivery, retail and healthcare, received a US$1 million strategic investment from iFood, complementing its earlier US$5.7 million Series A round that included Lince Capital, Explorer, Cedrus, AcNext, DGF and MSW (Embraer’s CVC). [Source]
Mercado Parts, a São Paulo-based tech startup digitizing Brazil’s automotive aftermarket with a B2B marketplace and data-driven supply platform, has raised R$2 million in an investment round led by Investidores.vc. [Source]
👋 Co-Founder Matching
Looking for an early or late-stage co-founder?
In case you missed it, I recently launched a co-founder matching platform focused on the Brazilian market. The platform is independent of any VC or accelerator, completely free (zero equity, zero cost), always active, and carefully curated based on experience and matching preferences.
👉 Click here to be connected with top talent that matches your criteria.
You can get started in three simple steps:
Define your preferences (technical, business, industry, timing, etc.).
Receive compatible profiles via email or on the web platform.
Send and accept connection requests with those who interest you most.
Here’s a quick demo video of the platform:
If you have any feedback or suggestions about Tech Talents LatAm, please share them with me through my LinkedIn.