Tech Company Financing Transactions
CondoConta Funding Round
CondoConta, operating out of Santa Catarina, raised $14.6 million from Endeavor, SYN Proptech and Terracotta Ventures.
Transaction Overview
Company Name
Announced On
11/14/2023
Transaction Type
Venture Equity
Amount
$14,600,000
Round
Series A
Investors
Proceeds Purpose
This capital injection will enable CondoConta to triple the opening of new accounts, thanks to integrating native interfaces with major condominium management systems (ERPs) and administrators in Brazil.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
SC-401, 4100 - Saco Grande Florianópolis
Santa Catarina, 88032-005
Brazil
Santa Catarina, 88032-005
Brazil
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a digital financial platform designed to offer transparency in the financial management of condominiums. The company's platform works through its application available for iOS and Android devices and includes services like deposit accounts, money transfers, bill payments, and tracking of revenues, enabling customers to manage their bank accounts from their mobiles in the comfort of their homes made for property managers and residents.
Management Team
Title
Name
Email & Social
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We document all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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