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- Contabilizei
Contabilizei Funding, Investors & Competitors
Contabilizei has raised $205M across 3 funding rounds, most recently a $125M undisclosed-stage round in October 2024.
Last Contabilizei funding round
$125M
Undisclosed stage · Oct 2024
Cumulative funding Contabilizei raised
$205M
across 3 funding rounds
Key investors in Contabilizei
SoftBank Group
Goldman Sachs
Endeavor Catalyst
Warburg Pincus
International Finance Corporation
Kaszek
Point72 Ventures
Quona Capital
About Contabilizei
Contabilizei is an online accounting service provider for micro and small enterprises in Brazil. Established in 2014 and headquartered in Curitiba, it digitizes bookkeeping, tax declarations, and payroll for over 200,000 clients nationwide. The platform cuts costs by automating interactions with Receita Federal and state authorities, delivering monthly reports via a user-friendly dashboard.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Sectors
Contabilizei Funding History
Contabilizei has raised a total of $205M across 3 funding rounds.
Contabilizei's first fundraising round was a $20M Series B in January 2019. The most recent completed round was a $125M undisclosed-stage round in October 2024.
Contabilizei funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Oct 2024 | Undisclosed stage | Warburg Pincus (lead); Caravela Capital | $125M | Contabilizei is a leading Brazilian accounting firm founded in 2013 that automates accounting services for small businesses, self-employed professionals, and micro-entrepreneurs, including company formation, CNPJ management, tax calculations, payments, and compliance obligations. The platform integrates banking solutions, health plans, and wellness benefits, leveraging technology to automate 99% of processes and serving over 50,000 clients while operating at break-even. On October 11, 2024, Warburg Pincus invested $125 million to acquire a minority stake, becoming the largest shareholder through a secondary transaction that allowed prior venture investors like Kaszek to exit. The investment highlights Contabilizei's cash-generation-focused growth strategy in a fragmented market dominated by manual processes, positioning it for expansion via AI automation and additional financial services monetization. Warburg Pincus, a global growth investor, views the company as a scalable tech play in low-adoption sectors with high demand. The deal aligns with Warburg Pincus's growing Brazilian portfolio, now including 11 companies, eight in technology, and supports Contabilizei's next growth phase amid ample market opportunities for tech disruption in accounting. |
| Jan 2022 | Series C | SoftBank Group (lead); Goldman Sachs; PruVen Capital | $60M | Contabilizei, a Brazil-based online accounting platform founded in 2013 in Curitiba, raised a Series C funding round of approximately $60-63 million in March 2022, led by SoftBank with participation from Goldman Sachs and PruVen Capital. The company provides accounting services to micro and small businesses, including invoice management, tax calculations, free company formation, bank account opening, and health insurance selection. At the time, Contabilizei served over 30,000 clients across 60 cities in Brazil with 900 accountants, charging monthly fees from 96 to 350 reais ($19-$69) based on company turnover, and planned to expand staff to 1,300 by year-end while pursuing acquisitions and physical branches. CEO Vitor Torres highlighted the company's SaaS-format accounting as a comprehensive service supporting entrepreneurs beyond software, emphasizing long-term relationships and technology to reduce manual tasks. Contabilizei targeted companies with annual revenues up to R$4.8 million initially, positioning itself against traditional accounting offices averaging 80-100 clients each. |
| Jan 2019 | Series B | Point72 Ventures (lead); Quadra Capital Partner; Kaszek; FinTech Collective; Igah Ventures; Endeavor Catalyst; International Finance Corporation; e.bricks Ventures; Curitiba Angels; Quona Capital | $20M | Contabilizei is a Brazilian SaaS platform providing automated tax filing and accounting services for small businesses and SMEs, simplifying bureaucratic tax reporting requirements at a fraction of traditional accountant costs. Founded in 2013 in Curitiba by Vitor Torres and Fábio Bacarin, it had grown to 200 employees and over 10,000 customers across Brazil by early 2019, having assisted 5,000 new businesses with registrations. In January 2019, Point72 Ventures led a $20 million funding round in Contabilizei, with participation from new investors including the International Finance Corporation (IFC), Quona Capital, Quadra Capital (also referred to as Quadrant), and FinTech Collective. This joined prior backers such as Kaszek Ventures (which led the Series A in 2015), e.bricks Ventures, Endeavor Catalyst (undisclosed investment in 2016), and Curitiba Angels. The investment aimed to fuel growth amid Brazil's emerging startup ecosystem, with CEO Vitor Torres noting international investor confidence despite economic challenges; the company had rejected acquisition offers while eyeing potential public listings. Point72 Ventures highlighted Contabilizei's potential to expand services leveraging high customer trust. Later developments include a subsequent R$125 million raise (approximately $125M at some exchange rates) involving some overlapping investors like IFC, Kaszek, and Point72, by which time the firm had scaled to over 50,000 clients in 50+ cities and 1,200 employees, positioning as Brazil's largest accounting firm for micro/small businesses and freelancers. |
Who has invested in Contabilizei?
15 investors have backed Contabilizei across its funding rounds, including SoftBank Group, Goldman Sachs, Endeavor Catalyst, Warburg Pincus, International Finance Corporation and Kaszek.
Lead investors include Warburg Pincus, SoftBank Group and Point72 Ventures.
Contabilizei Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Lead | Jan 2022 | ||
| 1 | Participant | Oct 2024 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Participant | Jan 2022 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Lead | Oct 2024 | ||
| 1 | Participant | Jan 2019 | ||
| 1 | Participant | Jan 2019 | ||
This data is available for Pro users. Sign up to see all 15 Contabilizei investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialContabilizei Competitors
Contabilizei competitors include listed companies like UL Solutions, Andersen Group, H&R Block and LegalZoom, and private ones like Pilot and Cast.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $3.1B | $695M | $13B | 4.1x | ||
| Publicly listed | $839M | ($121M) | $6.2B | 7.6x | ||
| Publicly listed | $3.9B | $1.1B | $5.5B | 1.7x | ||
| Private | $43M | - | $1.3B | 30.5x | ||
| Publicly listed | $756M | $74M | $1B | 1.1x | ||
| Private | - | - | $900M | - |
Contabilizei Public Comps
Contabilizei is still privately-owned, but its public comps include UL Solutions, Andersen Group, H&R Block, LegalZoom, Bengo4.com, Karnov Group, Miroku Jyoho Service, Global Tax Free, Reiwa Accounting and F&M.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $3.1B | $695M | 4.3x | 4.1x | 18.8x | 15.3x | |||
| $839M | ($121M) | 8.6x | 7.6x | (59.9x) | 29.7x | |||
| $3.9B | $1.1B | 1.7x | 1.7x | 6.3x | 6.2x | |||
| $756M | $74M | 1.2x | 1.1x | 12.1x | 4.8x | |||
| $105M | $19M | 7.7x | 6.9x | 43.8x | 33.0x | |||
| $269M | $158M | 3.6x | 3.5x | 6.1x | 10.1x | |||
| $315M | $58M | 1.1x | 1.1x | 6.0x | - | |||
| $112M | $22M | 1.7x | - | 8.9x | - | |||
This data is available for Pro users. Sign up to see all Contabilizei competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Contabilizei
| When was Contabilizei founded? | Contabilizei was founded in 2014. |
| Where is Contabilizei headquartered? | Contabilizei is headquartered in Curitiba, Brazil. |
| Is Contabilizei publicly listed? | No, Contabilizei is a private, VC-backed company. |
| How much funding has Contabilizei raised? | Contabilizei has raised $205M across 3 funding rounds. |
| What was Contabilizei's last funding round? | Contabilizei's last funding round was a $125M undisclosed-stage round in October 2024, led by Warburg Pincus. |
| Who are Contabilizei's investors? | Contabilizei's investors include Point72 Ventures, Quadra Capital Partner, SoftBank Group, Caravela Capital, Kaszek, Goldman Sachs, FinTech Collective, PruVen Capital, Igah Ventures, Endeavor Catalyst and 5 others. |
| Which companies are comparable to Contabilizei? | Companies comparable to Contabilizei include UL Solutions, Andersen Group, H&R Block, Pilot, LegalZoom and Cast. |
See companies similar to Contabilizei
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