About Mercado Bitcoin
Mercado Bitcoin is a company based in Sao Paulo (Brazil) founded in 2013 by Gustavo Chamati.. Mercado Bitcoin has raised $237.6 million across 2 funding rounds from investors including SoftBank, JPMorgan Chase and GP Investments. Mercado Bitcoin operates in a competitive market with competitors including Coinsquare, KuCoin, Kraken, Bitso and Coinbase, among others.
- Headquarter Sao Paulo, Brazil
- Founders Gustavo Chamati
- Stage Unicorn
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$237.6 M (USD)
in 2 rounds
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Latest Funding Round
$200 M (USD), Series B
Jul 01, 2021
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Investors
SoftBank
& 5 more
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Employee Count
Employee Count
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Funding Insights of Mercado Bitcoin
Mercado Bitcoin has successfully raised a total of $237.6M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $200 million completed in July 2021. 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 2
- Last Round Series B — $200.0M
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First Round
First Round
(22 Jan 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series B - Mercado Bitcoin | Valuation | SoftBank Latin America Fund , SoftBank |
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| Jan, 2021 | Amount | Series A - Mercado Bitcoin | Valuation | GP Investments |
| 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 Mercado Bitcoin
Mercado Bitcoin has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SoftBank, JPMorgan Chase and GP Investments. 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 is invested in multiple sectors by the fund.
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Founded Year | Domain | Location | |
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Private equity investments are directed toward Latin American markets.
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Founded Year | Domain | Location | |
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Accelerators and venture capital focused on fintech and regtechs companies
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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 Mercado Bitcoin
| 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 - Mercado Bitcoin
| 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 |
Mercado Bitcoin Comparisons
Competitors of Mercado Bitcoin
Mercado Bitcoin 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 Coinsquare, KuCoin, Kraken, Bitso and Coinbase, 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 |
Digital assets are bought, sold, and traded on Coinsquare.
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| domain | founded_year | HQ Location |
Cryptocurrencies are bought, sold, and traded via this exchange platform.
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| domain | founded_year | HQ Location |
Provider of an app-based trading and exchange platform for cryptocurrency
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| domain | founded_year | HQ Location |
Cryptocurrencies are traded and exchanged through an online platform.
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| domain | founded_year | HQ Location |
Cryptocurrency trading, storage, and exchange services are offered online.
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| domain | founded_year | HQ Location |
Online robo advisory and stock trading services 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 Mercado Bitcoin
Frequently Asked Questions about Mercado Bitcoin
When was Mercado Bitcoin founded?
Mercado Bitcoin was founded in 2013 and raised its 1st funding round 8 years after it was founded.
Where is Mercado Bitcoin located?
Mercado Bitcoin is headquartered in Sao Paulo, Brazil.
Is Mercado Bitcoin a funded company?
Mercado Bitcoin is a funded company, having raised a total of $237.6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $37.6M, raised on Jan 22, 2021.
What does Mercado Bitcoin do?
Mercado Bitcoin was founded in 2013 in Sao Paulo, Brazil, within the cryptocurrency sector. An online platform is operated where users can buy and sell various digital assets. Exchanges between cryptocurrencies are facilitated through the service. Operations are centered in Brazil, supporting trading activities for institutional and retail participants in the digital asset market.
Who are the top competitors of Mercado Bitcoin?
Who are Mercado Bitcoin's investors?
Mercado Bitcoin has 6 investors. Key investors include SoftBank, JPMorgan Chase, GP Investments, SoftBank Latin America Fund, and Gear Ventures.
What is Mercado Bitcoin's valuation?
The valuation of Mercado Bitcoin is $2.1B as of Jul 2021.