About Gringo
Gringo is a company based in Sao Paulo (Brazil) founded in 2019 by Marcelo Lemos and Caique Carvalho was acquired by Corporate Payroll Services in February 2025.. Gringo has raised $85.54 million across 5 funding rounds from investors including Corpay, VEF and Moore Capital. Gringo operates in a competitive market with competitors including Asteroide Tecnologia and Helpay, among others.
- Headquarter Sao Paulo, Brazil
- Founders Marcelo Lemos, Caique Carvalho
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$85.54 M (USD)
in 5 rounds
-
Latest Funding Round
$12.4 M (USD), Series C
Sep 09, 2024
-
Investors
Corpay
& 9 more
-
Employee Count
Employee Count
-
Acquired by
Corporate Payroll Services
(Feb 03, 2025)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Gringo
Gringo has successfully raised a total of $85.54M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $12.4 million completed in September 2024. 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 5
- Last Round Series C — $12.4M
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series C - Gringo | Valuation | Moore Capital |
|
| Sep, 2023 | Amount | Series C - Gringo | Valuation | Valor Capital Group | |
| Jun, 2022 | Amount | Series B - Gringo | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Gringo
Gringo has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Corpay, VEF and Moore Capital. 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 |
|---|---|---|---|---|
|
Growth equity and venture capital are applied to tech sectors.
|
Founded Year | Domain | Location | |
|
Venture capital investments are directed toward multiple sectors by Kaszek.
|
Founded Year | Domain | Location | |
|
Fintech sector investments are handled by VEF venture capital firm.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Gringo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Gringo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Gringo Comparisons
Competitors of Gringo
Gringo 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 Asteroide Tecnologia and Helpay, 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 |
Online platform for parceling IPVA, licensing, and traffic fines.
|
|
| domain | founded_year | HQ Location |
Operates a digital hub for point-of-sale financing solutions.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Gringo
Frequently Asked Questions about Gringo
When was Gringo founded?
Gringo was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Gringo located?
Gringo is headquartered in Sao Paulo, Brazil.
Is Gringo a funded company?
Gringo is a funded company, having raised a total of $85.54M across 5 funding rounds to date. The company's 1st funding round was a Series B of $35M, raised on Jun 01, 2020.
What does Gringo do?
Founded in 2019 and based in Sao Paulo, Brazil, Gringo operates as a fintech platform focused on vehicle financing. Loans for fines and taxes are extended to drivers, with options to divide payments into monthly installments. Vehicle monitoring is included, alongside real-time alerts for repayments, fines, and credit scores. Services are delivered digitally to support compliance and financial management in the automotive sector.
Who are the top competitors of Gringo?
Gringo's top competitors include Asteroide Tecnologia and Helpay.
Who are Gringo's investors?
Gringo has 10 investors. Key investors include Corpay, VEF, Moore Capital, Valor Capital Group, and Kaszek.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.