# Avenue Securities

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/avenue-securities

- Industry: Financial Services
- Headquarters: Miami, US
- Website: www.avenue.us
- Total disclosed funding: $30M
- Latest round: Series B (Aug 3, 2021)
- Investors on record: 2

## About

Founded in 2018 and based in Florida, US, Avenue Securities LLC provides investment brokerage services through a mobile application. It enables global investments into automatically recommended portfolio companies in the United States. The company was founded by its CEO Roberto Lee and is backed by SoftBank Latin America Fund, which led a USD 30 million Series B funding round in August 2021. In January 2026, Itaú Unibanco acquired a majority stake in Avenue Securities LLC from Softbank Latin America Ventures and Igah Ventures. Financial terms were not disclosed.

Avenue Securities offers investment alternatives and digital accounts in the USA to Brazilian clients by offering services such as integrated currency conversion, free account opening, tax calculation tools, and customer service in Portuguese. The company facilitates access to the US capital market and provides its clients with a wide variety of stocks, ETFs, and REITs through a free brokerage service or a premium paid service.  It has more than 300,000 customers and more than USD 1 billion in assets under management.

The company generates revenue through brokerage and service fees from clients. Clients can choose between Premium and Zero Brokerage subscription plans.

Avenue Securities plans to diversify its product offerings, expand resources for investments in technological infrastructure and expand its workforce to operate different branches of the brokerage in Brazil and other markets.

## Funding rounds

- Series B, Aug 3, 2021, $30M — Igah Ventures, Softbank Latin America Ventures

## Investors

- Igah Ventures (https://capitalatlas.ai/funds/igah-ventures) — Series B
- Softbank Latin America Ventures (https://capitalatlas.ai/funds/softbank-latin-america-ventures) — Series B