# Saks Consultoria, Assessoria, Vida e Previdência Ltda

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saks-consultoria-assessoria-vida-e-previdencia-ltda

- Industry: Financial Services
- Headquarters: Balneario Camboriu, Brazil
- Website: www.hellosaks.com
- Total disclosed funding: $5.1M
- Latest round: Seed (Mar 11, 2022)
- Investors on record: 4

## About

Based in Santa Catarina, Brazil, and founded in 2021 by its CEO Luiz Bacellar and COO Felipe Talhari, Saks Consultoria, Assessoria, Vida e Previdência Ltda trading as SAKS operates as a digital private pension and life broker platform. In March 2022, Saks Consulting, Advice, Life and Pension Ltd raised BRL 26 million in seed funding co-led by new investors Kinea Investimentos - Private Equity and Canary, with participation from other new investors Honey Island Capital and FJ Labs. As of May 2022, the company operates in São Paulo and Rio de Janeiro, has more than 10,000 customers, and has more than USD 700 million in assets under custody. 

Saks Consultoria, Assessoria, Vida e Previdência Ltda developed a digital platform that offers more than 100 different pension funds. Its application has an artificial intelligence algorithm that suggests a product and analyzes for the client as well as hire and monitor pension plans, demonstrating the growth potential of the market. In addition, the company offers accumulation plans and investment options in a model focused on recurrence, diversification, and tax benefits. The company's client base includes Zurich, Sulamérica, and Icatu.

The company will use the seed funding to expand its offering of solutions for options in stocks, fixed income, ETFs, and cryptocurrencies in more than thirty (30) stock exchanges.

## Funding rounds

- Seed, Mar 11, 2022, $5.1M — Kinea Investments, FJ Labs, Canary, Honey Island Capital
- Seed, Dec 13, 2021 — FJ Labs

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Kinea Investments (https://capitalatlas.ai/funds/kinea-investments) — Seed
- Canary (https://capitalatlas.ai/funds/canary) — Seed
- Honey Island Capital (https://capitalatlas.ai/funds/honey-island-capital) — Seed