ContaAzul, Brazil's leading provider of cloud accounting software, raises ~US$30 million in Series D round
Summary
ContaAzul, a Brazilian startup founded in 2011, provides an innovative, modern and easy-to-use online management system tailored to the needs of small companies and their accountants. The funding will also enable ContaAzul to develop a bigger national footprint and further establish itself as the partner of choice for accountants that provide services to small businesses. The firms fundamentally oriented investments focus primarily on the global Internet, software, financial technology, consumer and industrial sectors. Such investments have included Spotify, Harrys, Warby Parker, Peloton, JD.com, Facebook, LinkedIn, Yandex, Mail.ru Group, Despegar, Ola and Flipkart. Tiger Global Management, LLC was founded in 2001 and is based in New York with affiliate offices in Hong Kong, Singapore, Bangalore and Melbourne.