Open Co Overview
- Year Founded
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2021
- Status
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Private
- Employees
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184
- Latest Deal Type
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Series D
- Latest Deal Amount
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$115M
- Investors
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22
Open Co General Information
Description
Operator of a credit fintech platform intended to offer customers fair access to credit facilities. The company's platform leverages digital technologies that improve access to financial services, enabling customers to get unsecured loans in a hassle-free way in Brazil.
Contact Information
Website
www.open-co.comCorporate Office
- Rua Arnaldo Quintela, nº 96
- 8º andar, Botafogo
- Rio de Janeiro, 22280-070
- Brazil
Corporate Office
- Rua Arnaldo Quintela, nº 96
- 8º andar, Botafogo
- Rio de Janeiro, 22280-070
- Brazil
Open Co Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Later Stage VC (Series D) | 01-Jan-2022 | $115M | Completed | Generating Revenue | ||
| 2. Later Stage VC (Series C) | 24-Mar-2021 | Completed | Generating Revenue | |||
| 1. Merger of Equals | 02-Mar-2021 | Completed | Generating Revenue |
Open Co Comparisons
Industry
Financing
Details
Open Co Competitors (3)
One of Open Co’s 3 competitors is OnDeck, a Formerly VC-backed company based in South Jordan, UT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| OnDeck | Formerly VC-backed | South Jordan, UT | ||||
| Creditas | Venture Capital-Backed | Sao Paulo, Brazil | ||||
| CAN Capital | Formerly VC-backed | Marietta, GA |
Open Co Signals
Open Co Investors (22)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| BRZ Investimentos | Asset Manager | Minority | ||
| Endeavor Promessas | Accelerator/Incubator | Minority | ||
| FJ Labs | Venture Capital | Minority | ||
| IFC(American TV channel) | Corporation | Minority | ||
| Mercado Libre Fund | Corporate Venture Capital | Minority |
Open Co Acquisitions (4)
Open Co’s most recent deal was a Merger/Acquisition with BizCapital (Specialized Finance). The deal was made on 22-Jun-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| BizCapital (Specialized Finance) | 22-Jun-2023 | Merger/Acquisition | Specialized Finance | ||
| BoletoFlex | 15-Dec-2022 | Merger/Acquisition | Financial Software | ||
| REBEL (Lending Platform) | 04-Mar-2021 | Merger/Acquisition | Financial Software | ||
| Geru | 02-Mar-2021 | Merger/Acquisition | Consumer Finance |
Open Co Affiliates
Subsidiaries (2)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| BizCapital (Specialized Finance) | Rio de Janeiro, Brazil | 2016 | |
| Geru | Sao Paulo, Brazil | 2013 |
Open Co FAQs
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When was Open Co founded?
Open Co was founded in 2021.
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Where is Open Co headquartered?
Open Co is headquartered in Rio de Janeiro, Brazil.
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What is the size of Open Co?
Open Co has 184 total employees.
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What industry is Open Co in?
Open Co’s primary industry is Consumer Finance.
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Is Open Co a private or public company?
Open Co is a Private company.
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What is Open Co’s current revenue?
The current revenue for Open Co is .
-
How much funding has Open Co raised over time?
Open Co has raised $140M.
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Who are Open Co’s investors?
BRZ Investimentos, Endeavor Promessas, FJ Labs, IFC(American TV channel), and Mercado Libre Fund are 5 of 22 investors who have invested in Open Co.
-
Who are Open Co’s competitors?
OnDeck, Creditas, and CAN Capital are competitors of Open Co.
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