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Radar · InsurTech in Sao Paulo

Best InsurTech Companies in Sao Paulo, Brazil

The 41 best InsurTech companies in Sao Paulo, Brazil in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Sami.

41companies tracked
$119.1Mdisclosed funding
0unicorns
16have raised
FLIAR INTELLIGENCE · INSURTECH × SAO PAULO

Our analysis of 50 InsurTech companies

$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
100%cloud-native stacks
2025funding peak (by rounds)
9unicorns
2018median founding year
1.1Mcombined LinkedIn audience
80%of audience held by top 3
5companies hiring publicly (12 mo)

Ranked: Best InsurTech companies in Sao Paulo

#CompanyDisclosed fundingLast roundStageEmployeesFoundedFounderRecent signals
1Amar Assist
Insurance platform focused on health & financial well-being for individuals
——Funding Raised442012Bruno Gallo
Founder & CEO
2 job openings
2Argo Protector
Online commercial insurance distribution platform
——Acquired—2012Pedro Purm
CEO
—
3Auto Compara
Online platform facilitating automobile insurance comparison and purchase
——Unfunded—2015Leo Rodello
COO
—
4Bem-te-vi
Provider of embedded insurance solutions for businesses
——Funding Raised212020André Agostinho
Co-Founder & CTO
—
5CICLIC
Internet first P&C insurance platform
——Unfunded642017Raphael Swierczynski
CEO
1 job opening
6cuidar.me
App-based platform for health insurances
——Funding Raised1332014Rafael Morgado
Co-Founder
—
7Dualk
Sales solutions for microinsurance
——Unfunded—2012Roberto Nunes Machado
Co-Founder & COO
—
8Flix
Digital platform offering home insurance
——Acquired172019Felipe Barranco
Founder & Ceo
—

Top 12 InsurTech companies in Sao Paulo

#1
Series C · Sao Paulo, State of Sao Paulo · founded 2020 · 123 employees
$16Mraised
▾

Online life insurance platform for individuals. It offers life insurance including disability coverage, accidental death protection, natural death. It also offers serious illness protection including cancer, stroke, organ transplant, and end-stage renal failure.

Fliar Intelligence Index™ 64how this company ranks against its industry peers
Tech
top 24%
Funding
top 29%
News
top 29%
Product
top 35%
Talent
top 35%
Growth
top 43%
Tech: 63 technologies across 5/8 capability areas · Cloud: Cloudflare, Google Cloud · Observability: Datadog, Sentry
Funding: Raised $16.0M across 4 rounds · 4 rounds over 5 yrs (0.8/yr) · Last round Series C (Mar 2026)
News: 4 BI events in 12 mo (of 15 tracked, 4 types) · +300% YoY · Top themes: Funding, Leadership
Audience (LinkedIn): 30k LinkedIn followers — 2.8% of this cohort's audience
Hiring (LinkedIn): 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Coordenador(a) de Eficiência Operacional
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Mar 2026Series C$24M
  • Feb 2025Series B$31M
  • May 2022Series A$6M
  • Dec 2021Series A$10M
Founders & team
Bernardo Correa RibeiroCo-FounderRafael CloCo-Founder & CEORenato FariasCo-Founder
Investors
Prosus, Kaszek, Maya Capital, Propel Venture Partners, Munich Re, Lightrock
Tech stack
Apple Icloud MailAtlassian StatuspageClearsaleCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#2
Series A · Sao Paulo, State of Sao Paulo · founded 2021
$6.7Mraised
▾

Provider of travel and mobile phone insurance products and services. The company offers travel insurance with benefits such as telemedicine access and discounts. It also provides mobile phone insurance. The business facilitates direct sales channels, including an API for partners and a whitelabel solution. It offers a backoffice system for insurance issuance.

Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 31%
Talent
top 38%
Growth
top 45%
Market
top 47%
Funding
bottom 49%
Global
bottom 48%
Tech: 42 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Growth: Web rank 500,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 11k LinkedIn followers
Activity (LinkedIn): 1 expansions announced in 12 mo
Funding rounds
  • Mar 2026Series A$6.7M
Founders & team
Guilherme WroclawskiCo-FounderRaphael SwierczynskiCo-Founder
Investors
Headline, Actyus
Tech stack
AdmitadAmazon CloudfrontAmazon S3Amazon Web ServicesApache Http ServerAwin
#3
Series B · Sao Paulo, State of Sao Paulo · founded 2021 · 75 employees
$9.9Mraised
▾

Online platform offering usage-based insurance to individuals. It allows users to create an account on the platform and choose amongst the available insurance products and purchase the same.

Fliar Intelligence Index™ 48how this company ranks against its industry peers
News
top 32%
Growth
top 35%
Tech
top 35%
Talent
top 44%
Product
top 46%
Funding
bottom 49%
News: 4 BI events in 12 mo (of 6 tracked, 2 types) · Top themes: Leadership
Growth: Fresh capital in last 24 mo
Tech: 40 technologies across 4/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Security: Hsts, Http/3
Audience (LinkedIn): 14k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
  • Oct 2025Series B$18.9M
  • Jul 2022Series A$7.9M
  • 2021Seed$2M
Founders & team
Firmino FreitasFounder & Co-Ceo
Investors
Invisto, HIX, Bank of Blue Valley, Vintage Invest, Eqwow Ventures
Tech stack
Amazon Web ServicesApple Icloud MailCloudflareCloudflare Browser InsightsGoogle Font ApiGoogle Hosted Libraries
#4
Series B · Sao Paulo, State of Sao Paulo · founded 2018 · 400 employees
$54.8Mraised
▾

Provider of a digital health insurance platform for SMBs. It provides technology-based solutions for SME healthcare companies and offers telehealth services and healthcare concierge services based on their health profiles. It offers a platform for users to browse healthcare solutions through applications or virtual assistants and book appointments. It also has an emergency services feature.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 73k LinkedIn followers — 6.8% of this cohort's audience
Funding rounds
  • Jun 2023Series B$18M
  • Dec 2021Series A$20M
  • Oct 2020Series A$15.5M
  • 2019Seed$1.3M
Founders & team
Guilherme BerardoCo-Founder & CEOVitor AsseitunoCo-Founder
Investors
DN Capital, Valor Capital Group, Redpoint eventures, Monashees, Endeavor Brasil, Lakewood Investment Management
Tech stack
BootstrapCart FunctionalityCdnjsCloudflareCloudflare Bot ManagementCore-Js
#5
Seed · Sao Paulo, State of Sao Paulo · founded 2022
$1.5Mraised
▾

Cyber insurance solutions for underserved SMEs and families

Founders & team
Eduardo RochaCEO
Investors
Invisto, Bossa Nova
#6
Seed · Sao Paulo, State of Sao Paulo · founded 2022 · 15 employees
$6.7Mraised
▾

Provider of risk management solutions. It allows insurance providers to manage the risks of the client. It offers solutions including claims management, cyber insurance, and financial loss management.

Funding rounds
  • Aug 2022Seed$6.7M
Investors
CRV, SV Angel, Onevc, Monashees, Latitud, Opera Ventures
#7
Series A · Sao Paulo, State of Sao Paulo · founded 2020 · 20 employees
$4.7Mraised
▾

Provider of personalized benefits for employees. It offers centralized benefits management, and eliminates manual processes, delivers information in real-time.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • Nov 2022Series A$4.7M
Founders & team
Henrique SiniscalchiCo-Founder
Investors
Jazz
Tech stack
AdoptAngularAzureCart FunctionalityCore-JsFacebook Pixel
#8
Series A · Sao Paulo, State of Sao Paulo · founded 2018 · 38 employees
$3.2Mraised
▾

The app-based platform for accident and funeral insurances. It offers solutions for medical & hospital expenses, permanent disability coverage, accidental death, funeral assistance, and more. The app is available for iOS and Android platforms.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers
Activity: 1 awards announced in 12 mo
Funding rounds
  • Apr 2023Series A$3.2M
Founders & team
Gabriel CharbonnieresFounder & CEO
Tech stack
AdoptAmazon CloudfrontAmazon S3Amazon Web ServicesCloudflareCloudflare Bot Management
#9
Seed · Sao Paulo, State of Sao Paulo · founded 2018 · 21 employees
$3.4Mraised
▾

Online insurance platform for individuals. It offers quotes for life insurance, health insurance, electronic device insurance, accident insurance, financial protection insurance, and more. It also offers telemedicine solutions with adult and pediatric care.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers
Funding rounds
  • Jun 2021Seed$2.5M
  • Mar 2021Seed$908.2K
Investors
DOMO, Dash
Tech stack
CloudflareCloudflare Bot ManagementCore-JsDiviFacebook PixelGoogle Analytics
#10
Series B · Sao Paulo, Sao Paulo · founded 2011 · 76 employees
$8.9Mraised
▾

Bidu is a comparison platform for insurance products. Users can search & compare auto insurance, residential insurance, travel insurance, motorcycle insurance, personal loans, dental plans, life insurance and health plans.

Funding rounds
  • Apr 2014Series B$8.9M
  • 2011Seed—
Founders & team
Rodolpho GurgelCEOEldes Mattiuzzoex-Founder & CEO
Investors
Amadeus Capital, Monashees, Bertelsmann, Otto Capital
Tech stack
Anime.JsBulmaCloudflareFancyboxFirebaseGoogle Analytics
#11
Seed · Sao Paulo, State of Sao Paulo · founded 2019 · 56 employees
$1.2Mraised
▾

Provider of health plan benefit marketplace platform. It offers a platform for the sale and management of health plans and benefits for small and medium-sized companies.

Funding rounds
  • Nov 2022Seed$1.2M
Founders & team
Felipe BaetaFounder & CEO
Investors
DNA Capital, ScaleUP Ventures, Endeavor
Tech stack
Apache Http ServerFramer SitesGoogle Font ApiGoogle WorkspaceHstsHttp/3
#12
Seed · Sao Paulo, State of Sao Paulo · founded 2020
$1.3Mraised
▾

Customer relationship management and lead generation solution for the insurance industry. Its products include ZIP.connections to connect insurance teams with consumers in real-time and ZIP.corrector, a platform for customer contacts. It enables integrations with HubSpot, Quiver, Teleport, Agger, and more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
  • May 2022Seed$1.3M
  • May 2021Seed—
Founders & team
Pedro YueCEO
Investors
Canary, 500 Global, Astella
Tech stack
BootstrapCloudflareCloudflare Bot ManagementElementorFont AwesomeFreshworks Crm

Funding & investor landscape

$119.1Mtotal disclosed funding
13companies funded
21disclosed rounds
0rounds last 90 days
Most active investors
Endeavor3 rounds
Headline3 rounds
Monashees3 rounds
Redpoint eventures3 rounds
500 Global2 rounds
Astella2 rounds
Canary2 rounds
Duxx Investimentos2 rounds
Insurtech Hub2 rounds
Invisto2 rounds

Notable founders

Bernardo Correa Ribeiro
Co-Founder · Azos
Rafael Clo
Co-Founder & CEO · Azos
Guilherme Wroclawski
Co-Founder · Hero Seguros
Raphael Swierczynski
Co-Founder · Hero Seguros
Firmino Freitas
Founder & Co-Ceo · Darwin Seguros
Guilherme Berardo
Co-Founder & CEO · Sami
Vitor Asseituno
Co-Founder · Sami
Eduardo Rocha
CEO · Bluecyber.insure
Henrique Siniscalchi
Co-Founder · Sanus
Gabriel Charbonnieres
Founder & CEO · IZA
Rodolpho Gurgel
CEO · Bidu
Eldes Mattiuzzo
ex-Founder & CEO · Bidu
Prism market signals · Brazil · country-scoped Prism corpus, 1,504,679 docs

Market landscape — 10 sub-themes by coverage

Share of InsurTech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Brazil

How research on Insurtech is moving in Brazil

A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 1 Brazil-affiliated papers.

top research entities
  • Universidade do Estado do Rio de Janeiro1
leading researchers
Ilan Goldberg
▼ Concerns1 · 100%
0%→0% share
0 median citations100% since 2021mostly position pieces
Concerns are cooling (0%→0% of field), led by Sandbox (software development).
rising sub-themes (early→recent)
  • Sandbox (software development)1
  • Regulatory authority1
  • Face (sociological concept)1
  • Law and economics1
  • Public administration1

Common questions

How many InsurTech companies are there in Sao Paulo, Brazil?
Radar tracks 41 indexable InsurTech companies headquartered in Sao Paulo, Brazil that meet our profile-completeness bar.
What is the total funding raised by InsurTech companies in Sao Paulo, Brazil?
The InsurTech companies in Sao Paulo, Brazil on this list have raised a combined $119.1M in disclosed equity funding across 13 funded companies.
Which is the highest-funded InsurTech company in Sao Paulo, Brazil?
Sami is the highest-funded InsurTech company in Sao Paulo, Brazil, with $54.8M in disclosed equity funding.
How many InsurTech companies in Sao Paulo, Brazil are funded?
13 of the 41 InsurTech companies in Sao Paulo, Brazil on this list have disclosed at least one equity funding round.
How many InsurTech unicorns are there in Sao Paulo, Brazil?
None of the InsurTech companies in Sao Paulo, Brazil on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Sao Paulo, Brazil InsurTech companies?
The most active investors in Sao Paulo, Brazil InsurTech companies on this list include Endeavor, Headline, Monashees, Redpoint eventures, 500 Global.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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