# Legiti

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/legiti

- Industry: Software
- Headquarters: Sao Paulo, Brazil
- Website: www.legiti.com
- Total disclosed funding: $2.8M
- Latest round: Seed (Nov 30, 2020)
- Investors on record: 4

## About

Legiti is a technology company specializing in innovative solutions that enhance user experience and operational efficiency across various sectors, focusing on seamless communication and data management for businesses.Founded in 2019 in Sao Paulo, Brazil, Legiti develops advanced software platforms for businesses. The company has successfully closed 3 deals, with the latest funding round of BRL 42.000 mn led by investors including Global Founders Capital, Iporanga Ventures, and Kaszek Ventures. As of March 7, 2023, Legiti was acquired by Signifyd, Inc., which marks a strategic move for growth in Brazil.Legiti's main offerings center around advanced software solutions designed to enhance operational efficiency and user experience. Their core products include platforms that facilitate communication and data management, addressing business challenges such as workflow automation, data analytics, and customer relationship management across various sectors. The company's clientele includes small to medium enterprises and large corporations primarily in North America and Europe, with an expanding footprint in the Asia-Pacific region.Legiti generates revenue through a subscription-based service model, allowing clients to access their software platforms on a recurring basis. Clients typically enter into direct contracts, committing to annual or multi-year agreements based on their operational needs. The pricing structure is tiered according to user numbers and specific features utilized, fostering long-term client relationships and ensuring consistent revenue flow as businesses aim to optimize their operations through technology.With the recent acquisition by Signifyd, Inc. in March 2023, Legiti aims to leverage its new position to expand into the Brazilian market more aggressively. The funding received will be allocated towards developing new products tailored for local enterprises, with plans for release within the next year. Additionally, Legiti is set to enhance its market presence in the Asia-Pacific region, targeting this expansion by the end of 2024.

## Funding rounds

- Seed, Nov 30, 2020, $2.8M — Kaszek Ventures, Global Founders Capital, Iporanga Ventures, Norte Ventures

## Investors

- Kaszek Ventures (https://capitalatlas.ai/funds/kaszek-ventures) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed
- Iporanga Ventures (https://capitalatlas.ai/funds/iporanga-ventures) — Seed
- Norte Ventures (https://capitalatlas.ai/funds/norte-ventures) — Seed