Toro Investimentos

Belo Horizonte, Brazil Founded: 2010 • Age: 16 yrs Acquired By Santander
Fixed income and stocks investment platform
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About Toro Investimentos

Toro Investimentos is a company based in Belo Horizonte (Brazil) founded in 2010 by Joao Augusto Ferreira Resende, Gabriel Kallas, and Marcio Placedino was acquired by Santander in April 2021.. Toro Investimentos has raised $13.9 million across 1 funding round from investors including Santander and Eugenio Mattar. Toro Investimentos has completed 2 acquisitions, including Mobills App and Monetus. Toro Investimentos offers products and services including Assessoria Exclusiva, Plataformas de Trading, and Cursos e Estratégias. Toro Investimentos operates in a competitive market with competitors including Tiger Brokers, Interactive Brokers, modalmais, Nu invest and Rico, among others.

  • Headquarter Belo Horizonte, Brazil
  • Founders Joao Augusto Ferreira Resende, Gabriel Kallas, Marcio Placedino
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Toro Ctvm Ltda
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $13.9 M (USD)

    in 1 rounds

  • Latest Funding Round
    $13.9 M (USD), Angel Round

    Mar 27, 2018

  • Investors
    Santander

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Mobills App

    & 1 more

  • Acquired by
    Santander

    (Apr 01, 2021)

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Products & Services of Toro Investimentos

Toro Investimentos offers a comprehensive portfolio of products and services, including Assessoria Exclusiva, Plataformas de Trading, and Cursos e Estratégias. 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.

Primary

Personalized strategy for portfolio management and financial planning services.

Online platforms for stock trading and market analysis tools.

Training courses on investments and trading strategies for users.

People of Toro Investimentos
Headcount 200-500
Employee Profiles 2
Employee Profiles
People
David Bovolenta
Product Manager Sênior
People
Elisa Arruda
HR Business Partner

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Funding Insights of Toro Investimentos

Toro Investimentos has successfully raised a total of $13.9M through 1 strategic funding round. The most recent funding activity was a Angel Round round of $13.9 million completed in March 2018. 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 Rounds 1
  • Last Round Angel Round — $13.9M
  • First Round

    (27 Mar 2018)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Angel Round - Toro Investimentos Valuation Eugenio Mattar
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 Toro Investimentos

Toro Investimentos has secured backing from 2 investors, including angel and institutional investors. Prominent investors backing the company include Santander and Eugenio Mattar. 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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Commercial banking services are provided to individuals and institutions globally.
Founded Year Domain Location

Eugenio Mattar

-
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 Toro Investimentos

Toro Investimentos has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Mobills App and Monetus. 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.

Investments
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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online platform for investments and financial planning is operated.
2016
Incomes and expenses are tracked and budgeted across accounts.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Toro Investimentos

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Toro Investimentos Comparisons

Employees
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Competitors of Toro Investimentos

Toro Investimentos 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 Tiger Brokers, Interactive Brokers, modalmais, Nu invest and Rico, 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 trading of stocks, securities, and options is enabled.
domain founded_year HQ Location
Provider of online brokerage services and trading platforms
domain founded_year HQ Location
Investment management firm
domain founded_year HQ Location
App-based investments in stocks, ETFs, options, and debentures are enabled.
domain founded_year HQ Location
Investment platform
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 Toro Investimentos

Frequently Asked Questions about Toro Investimentos

When was Toro Investimentos founded?

Toro Investimentos was founded in 2010 and raised its 1st funding round 8 years after it was founded.

Where is Toro Investimentos located?

Toro Investimentos is headquartered in Belo Horizonte, Brazil. It is registered at Belo Horizonte, Minas Gerais, Brazil.

Is Toro Investimentos a funded company?

Toro Investimentos is a funded company, having raised a total of $13.9M across 1 funding round to date. The company's 1st funding round was a Angel Round of $13.9M, raised on Mar 27, 2018.

What does Toro Investimentos do?

Toro Investimentos was founded in 2010 in Belo Horizonte, Brazil. An online platform is operated for fixed income and stocks trading, targeting individual investors. Customized investment plans are developed according to client objectives. Educational resources are provided through a dedicated platform. The associated app is supported on both iOS and Android devices, enabling mobile access to services.

Who are the top competitors of Toro Investimentos?

Toro Investimentos's top competitors include Tiger Brokers, Interactive Brokers and Nu invest.

What products or services does Toro Investimentos offer?

Toro Investimentos offers Assessoria Exclusiva, Plataformas de Trading, and Cursos e Estratégias.

How many acquisitions has Toro Investimentos made?

Toro Investimentos has made 2 acquisitions, including Mobills App, and Monetus.

Who are Toro Investimentos's investors?

Toro Investimentos has 2 investors. Key investors include Santander, and Eugenio Mattar.

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