About Dock Tech
Dock Tech is a company based in Sao Paulo (Brazil) founded in 1997 by Diogo Frenkel and Antonio Soares was acquired by Riverwood Capital in November 2014.. Dock Tech has raised $280 million across 4 funding rounds from investors including Visa, Temasek and Lightrock. Dock Tech has completed 2 acquisitions, including BPP Brasil and Cacao Paycard. Dock Tech offers products and services including Banking Platform, Cards and Credit, Acquiring Services, and Fraud Prevention. Dock Tech operates in a competitive market with competitors including Pomelo, Celcoin, Pismo, Prime Trust and Belvo, among others.
- Headquarter Sao Paulo, Brazil
- Founders Diogo Frenkel, Antonio Soares
- Stage Unicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dock
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$280 M (USD)
in 4 rounds
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Latest Funding Round
$110 M (USD), Series D
May 12, 2022
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Investors
Visa
& 8 more
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Employee Count
Employee Count
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Investments & Acquisitions
BPP Brasil
& 1 more
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Acquired by
Riverwood Capital
(Nov 19, 2014)
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Products & Services of Dock Tech
Dock Tech offers a comprehensive portfolio of products and services, including Banking Platform, Cards and Credit, Acquiring Services, and Fraud Prevention. 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.
Enables creation of digital banks and payment services.
Provides branded card issuance and management.
Offers white-label acquiring for business payments.
Delivers authentication and risk detection systems.
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Software Development Team
99 people
Product Management Team
22 people
Operations Team
16 people
Cloud Team
10 people
Human Resources and Administration
8 people
Sales and Marketing
6 people
Leadership Team
6 people
Data Analysis and Operations Team
6 people
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Funding Insights of Dock Tech
Dock Tech has successfully raised a total of $280M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $110 million completed in May 2022. 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 4
- Last Round Series D — $110.0M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series D - Dock Tech | Valuation | Lightrock , Silver Lake | |
| Dec, 2020 | Amount | Series D - Dock Tech | Valuation | Viking Global Investors | |
| Oct, 2020 | Amount | Series D - Dock Tech | Valuation | Viking Global Investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Dock Tech
Dock Tech has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Visa, Temasek and Lightrock. 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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Investments are directed toward growth-stage companies generating scalable impact.
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Founded Year | Domain | Location | |
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Carveout investments are managed by Riverwood Capital in private equity.
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Founded Year | Domain | Location | |
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Private investment firm focused on multiple sectors
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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 Dock Tech
Dock Tech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include BPP Brasil and Cacao Paycard. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Prepaid card and financial management solutions for individuals
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2017 | ||||
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Digital bank for businesses
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Dock Tech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Dock Tech Comparisons
Competitors of Dock Tech
Dock Tech 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 Pomelo, Celcoin, Pismo, Prime Trust and Belvo, 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 |
Platform offering open banking API
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| domain | founded_year | HQ Location |
Bill payment platform for businesses
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| domain | founded_year | HQ Location |
Cloud-based API solutions for digital banking services are offered.
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| domain | founded_year | HQ Location |
Cloud-based AML and banking API solutions are provided for institutions.
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| domain | founded_year | HQ Location |
Open banking API solutions are developed for financial data aggregation.
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| domain | founded_year | HQ Location |
Identity verification, employee screening, and due diligence platforms are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Dock Tech
Frequently Asked Questions about Dock Tech
When was Dock Tech founded?
Dock Tech was founded in 1997 and raised its 1st funding round 21 years after it was founded.
Where is Dock Tech located?
Dock Tech is headquartered in Sao Paulo, Brazil.
Who is the current CEO of Dock Tech?
Antonio Soares is the current CEO of Dock Tech. They have also founded this company.
Is Dock Tech a funded company?
Dock Tech is a funded company, having raised a total of $280M across 4 funding rounds to date. The company's 1st funding round was a Series D of $150M, raised on Oct 23, 2018.
What does Dock Tech do?
Founded in 1997 in Sao Paulo, Brazil, Dock operates in the fintech sector with a focus on open banking. API solutions are provided to enable banking-as-a-platform through open interfaces. White-label mobile banking platforms and debit cards are offered to support operations. Services such as peer-to-peer transfers, cash withdrawals, and bill payments are facilitated for banks via mobile channels.
Who are the top competitors of Dock Tech?
What products or services does Dock Tech offer?
Dock Tech offers Banking Platform, Cards and Credit, Acquiring Services, and Fraud Prevention.
How many acquisitions has Dock Tech made?
Dock Tech has made 2 acquisitions, including BPP Brasil, and Cacao Paycard.
Who are Dock Tech's investors?
Dock Tech has 9 investors. Key investors include Visa, Temasek, Lightrock, Riverwood Capital, and Viking Global Investors.
What is Dock Tech's valuation?
The valuation of Dock Tech is $1.5B as of May 2022.
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