Welcome to Tech Signals, a newsletter 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: Memed, level, Avra & more
👥 Team Expansion: Enter, Tivita
🚀 Funding Rounds: Inner AI, Hero Seguros, Aro & more
🤝 Tech Talents Match: Now matching you with curated tech roles directly on WhatsApp. Get started here.
Let’s dive in…
📈 Traction Data
Revenue figures, ARR milestones, and customer counts from private startups across LatAm.
All traction signals below (and more) are available in a consolidated database with Tech Talents Pro. Try it for free.
Hero Seguros, a São Paulo–based insurtech focused on travel insurance with B2B2C distribution through financial and tourism partners and a network of agencies and brokers, surpassed 4 million insured customers and generated R$ 300 million in premiums last year. [Round Below]
Zoop, a Rio de Janeiro–based fintech providing embedded financial infrastructure including payments, split, tap-to-pay and banking services for digital ecosystems, delivered R$ 1 billion in revenue in the last fiscal year and is targeting to double that result in the next cycle.
Inner AI, a São Paulo–based AI startup that aggregates more than 50 models into a single workspace and builds autonomous business AI agents, reported more than 1 million users and said it is seeing growing adoption among enterprise clients including Embraer, Vivo, Sabesp and Bayer. [Round Below]
iCred, an Aracaju–based fintech that provides payroll-deductible loans to INSS pensioners and specializes in credit portability, reported it holds a 5% share of the INSS consignado market, serves 3 million active customers and has financed R$ 6 billion in credit.
level (fka NeuralMed), a São Paulo–based healthtech SaaS that uses AI to connect clinical systems, anticipate diagnoses and reduce costs while boosting revenue for hospitals, clinics and pharmaceutical companies, grew to 36 clients and reached an ARR of R$ 5 million with an additional R$ 10 million already contracted.
Memed, a São Paulo–based healthtech that digitizes medical prescriptions and connects doctors, patients and pharmacies, monetizing via pharma advertising and retail media, reached breakeven in June 2025 and is projecting R$ 100 million in revenue for 2026.
Selecty, a Curitiba–based HRtech SaaS that uses AI and gamification to boost recruiter engagement and optimize recruitment and selection processes, reported it has 4,000 users across more than 350 client companies and expects to reach R$ 8 million in revenue this year, up from R$6 million the year before after an average 40% growth in monthly recurring revenue.
Solinftec, an Araçatuba–based agtech that applies AI and SaaS to agriculture and develops robotics and farm-data platforms, closed 2025 with R$ 450 million in revenue and Ebitda exceeding R$ 100 million.
Avra, a Brazil–based deep-tech AI platform that models SMEs using relational embeddings for credit and broader predictive use cases (marketing, fraud and customer acquisition), expanded to five enterprise clients, including Mercado Livre, Stone and Banco Votorantim.
👥 Team Expansion
Startups rapidly scaling their teams.
Enter, a São Paulo-based startup that combines human expertise with AI to help large companies optimize critical, high-volume, manual-intensive processes, saw a ~30% headcount growth over the past quarter, reaching a total of 142 employees.
Tivita, a São Paulo-based subscription-based Super Assistant that eliminates manual work and boosts the success of clinics, saw a ~25% headcount growth over the past quarter, reaching a total of 64 employees.
🚀 Funding Rounds
Equity funding rounds from the past two weeks fueling the next wave of LatAm tech. Sorted by round size.
Somos Internet, a Medellín–based telecom startup that builds fiber networks using its proprietary FiberX architecture to deliver lower-cost, enterprise-grade connectivity, raised US$ 40 million in a Series B round co-led by Bracket Capital and Ribbit Capital. Other participants included Union Square Ventures, Kaszek Ventures, Not Boring Capital, Zero Infinity Partners and Y Combinator. [Source]
Hero Seguros raised R$ 35 million in its first financing round led by Headline XP with participation from Actyus. [Source]
Inner AI raised R$ 30 million in a financing round that valued the company at R$ 500 million. The round was co-led by Canary and ONEVC, with participation from Norte, Crivo and UK-based Phenomen VC, bringing total capital raised to R$ 42 million. [Source]
Maggu AI, a São Paulo–based AI platform for pharmacy retail that integrates with pharmacy management systems to assist counter staff with real‑time recommendations, closed a financing round of US$ 3.7 million led by DGF Capital. Other participants included Norte Ventures, Latitud and Airborne Ventures, and the startup has now raised a total of US$ 4.7 million since its founding. [Source]
Satellites On Fire, a Buenos Aires–based platform that processes multi-satellite data with AI to detect wildfires early for forestry, agriculture, energy, insurers and governments, closed a seed round of US$ 2.7 million. The round was led by Dalus Capital and included Draper Associates, Draper Cygnus, Vitamin°C, SAVIA Ventures, Avesta Fund, Reciprocal Ventures, Zenani Capital, Innventure Agrifoodtech, AIR Capital VC, Antom.la, GAIN, Embarca and several angel investors. [Source]
Aro, a Brazil–based fintech that uses an AI agent and behavioral data to guide people through the credit journey and offers low-ticket emergency personal loans and referrals to credit partners, raised US$ 2.5 million in a pre-seed round led by ONEVC and 17Sigma with participation from Norte Ventures, Gilgamesh and Grão VC. [Source]
Nuvidio, a Belo Horizonte–based digital identity SaaS using video, biometrics and AI to record interactions and formalize legally valid transactions for financial institutions, closed a R$ 6 million post-seed round led by Domo.VC. Angel investors Rei Carvalho and Amador Testa also participated, bringing total capital raised to R$ 10 million to date. [Source]
Kaizen Mentoria, a Natal–based edtech that provides personalized mentoring and digital tools to boost academic performance for middle and high school students and recent graduates, received an investment of up to R$ 5 million from Mercurial Atlantic Investments. [Source]
🤝 Tech Talents Match
Find your co-founder, expand your network, and discover job opportunities that match your preferences.
Receive curated tech job opportunities in Brazil directly on WhatsApp
Tech Talents Match, the platform that connects potential co-founders in the Brazilian tech ecosystem, is expanding into job matching. You can now receive opportunities directly on WhatsApp, matched to your profile, seniority, and career stage.
This isn’t a generic job board. Every role is sourced through vetted startups and recruiting partners across the Brazilian tech ecosystem. Send a WhatsApp to get started — you’ll answer a few quick questions about your experience and preferences, and start receiving matched opportunities:
It takes less than 2 minutes. More than 100 professionals already on the platform.
If you know someone exploring the market, forward this edition their way.
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The steady drip of early-stage financing into specialized corporate-adjacent plays in Brazil and Mexico highlights the changing profile of LATAM tech. We are past the era of funding copycat consumer plays. The real alpha is concentrated in local B2B middleware—the unsexy plumbing that connects fragmented regional logistics networks and complex, state-specific tax compliance systems directly into enterprise ERPs.