About CondoConta
CondoConta is a company based in Sao Jose (Brazil) founded in 2018 by Rodrigo Della Rocca.. CondoConta has raised $26.18 million across 6 funding rounds from investors including Igah Ventures, SYN and empirica. CondoConta offers products and services including Conta Bancária, Cota Condominial, Receita Garantida, and Financiamento Condominial. CondoConta operates in a competitive market with competitors including Neon, will bank, Yours Bank, Superdigital and Zro Bank, among others.
- Headquarter Sao Jose, Brazil
- Founders Rodrigo Della Rocca
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Sectors
Financial Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Condoconta Finance S.A.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.18 M (USD)
in 6 rounds
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Latest Funding Round
$14.73 M (USD), Series A
Nov 13, 2023
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Investors
Igah Ventures
& 9 more
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Employee Count
Employee Count
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Products & Services of CondoConta
CondoConta offers a comprehensive portfolio of products and services, including Conta Bancária, Cota Condominial, Receita Garantida, and Financiamento Condominial. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Account for managing condominium finances and payments.
Service for issuing and tracking condominium quotas efficiently.
Tool to ensure stable monthly income for condominiums.
Provides loans for condominium improvements and projects.
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Funding Insights of CondoConta
CondoConta has successfully raised a total of $26.18M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $14.73 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $14.7M
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First Round
First Round
(18 Mar 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - CondoConta | Valuation | Igah Ventures , Redpoint eventures | |
| Oct, 2023 | Amount | Debt – Conventional - CondoConta | Valuation |
investors |
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| Oct, 2023 | Amount | Series A - CondoConta | Valuation | EXT Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CondoConta
CondoConta has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Igah Ventures, SYN and empirica. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage tech-focused VC firm investing primarily in Latin America and the US
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Founded Year | Domain | Location | |
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Terracotta Ventures is focused on real estate investment and innovation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CondoConta
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CondoConta
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Condoconta Comparisons
Competitors of CondoConta
CondoConta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Neon, will bank, Yours Bank, Superdigital and Zro Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Neon is recognized as a digital payment institution in Brazil.
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| domain | founded_year | HQ Location |
Digital retail banking services are offered via an internet-first platform.
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| domain | founded_year | HQ Location |
Developer of a digital bank for individuals
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| domain | founded_year | HQ Location |
Internet first retail bank
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| domain | founded_year | HQ Location |
Retail banking services are offered via an internet-first platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Condoconta
Frequently Asked Questions about CondoConta
When was CondoConta founded?
CondoConta was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is CondoConta located?
CondoConta is headquartered in Sao Jose, Brazil. It is registered at Sao Jose, Santa Catarina, Brazil.
Who is the current CEO of CondoConta?
Rodrigo Della Rocca is the current CEO of CondoConta. They have also founded this company.
Is CondoConta a funded company?
CondoConta is a funded company, having raised a total of $26.18M across 6 funding rounds to date.
What does CondoConta do?
CondoConta was founded in 2018 in Sao Jose, Brazil, as a fintech company focused on digital banking. Services such as deposit accounts, money transfers, bill payments, and revenue tracking are provided to individual users. An app-based platform is utilized, compatible with iOS and Android devices, to facilitate these operations in the Brazilian market.
Who are the top competitors of CondoConta?
CondoConta's top competitors include Neon, Superdigital and will bank.
What products or services does CondoConta offer?
CondoConta offers Conta Bancária, Cota Condominial, Receita Garantida, and Financiamento Condominial.
Who are CondoConta's investors?
CondoConta has 10 investors. Key investors include Igah Ventures, SYN, empirica, Redpoint eventures, and Terracotta Ventures.