# Movile Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/movile-group

- Industry: Financial Services
- Headquarters: Sao Paulo, Brazil
- Website: www.movile.com.br
- Total disclosed funding: $211M
- Latest round: Series H (Dec 7, 2017)
- Investors on record: 4

## About

Based in Sao Paulo, Brazil, and founded in 1998 by Andreas Blazoudakis, Eduardo Lins Henrique, Fabio Povoa, Fabricio Bloisi, Leonardo Constantino Oliveira, Leonardo Sales, Marcelo Sales, and Rafael Duton. Movile Group develops a mobile commerce platform investing in content distribution platforms and Online-To-Offline (O2O) applications. In August 2021, Movile Group received its latest funding from Prosus.

The company develops a mobile commerce platform that invests in content distribution platforms and Online-To-Offline (O2O) applications that focus on various applications such as children's education and other mobile content, food delivery, ticketing, and cloud logistics. The company invests and allocates the capital to organizations to take advantage of ecosystem opportunities.

The company plans to use the latest funding to expand its current portfolio companies that include iFood and Zoop.

## Funding rounds

- Series H, Dec 7, 2017, $82M — Naspers Limited, Innova Capital
- Series G, Jun 29, 2017, $53M — Innova Capital, Naspers
- Series F, Apr 17, 2015, $40M — Naspers Limited, Innova Capital
- Series D, Aug 7, 2014, $35M — Naspers Limited, Innova Capital
- Series A, Jan 1, 2000, $1M — Rio Bravo

## Investors

- Rio Bravo (https://capitalatlas.ai/funds/rio-bravo) — Series A
- Naspers Limited — Series D, Series F, Series H
- Innova Capital — Series D, Series F, Series G, Series H
- Naspers — Series G