QuintoAndar
Funding History
| Series E · 05/2021 | $4.0B |
|---|---|
| Series E extension · 08/2021 | $5.1B |
Overview
QuintoAndar is a Brazilian real estate technology company, operating under the legal name GRPQA Ltda, that provides a digital platform for renting and buying residential properties, handling everything from listing and touring homes to digital contracts and payments. The company was founded in 2013 and is headquartered in São Paulo, Brazil, with operations across major Brazilian metropolitan areas including São Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre, and Campinas.
The platform's software utility covers rental listings, property sales, financing partnerships with major Brazilian banks, a cashback-linked consortium program, automated property valuation tools, and professional services such as photography and inspections. QuintoAndar has continued to expand its technology stack, including AI-driven initiatives such as its Domi automation product and an integration billed as the first of its kind for a Latin American digital real estate platform.
QuintoAndar has raised more than $700 million in venture funding from investors including SoftBank, General Atlantic, Ribbit Capital, Kaszek Ventures, Greenoaks Capital, and Tencent, reaching unicorn status in 2019 and a valuation of $5.1 billion by 2021. The company was co-founded by Gabriel Braga, who has served as CEO, and André Penha, who has served as CTO.
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