QuintoAndar, the Brazilian start-up that created an innovative digital apartment rental platform, has secured R$ 250 million in a Series C funding round led by General Atlantic, a leading global growth equity firm. Existing investors also participated in the round, including Kaszek Ventures, Ruane, Cunniff & Goldfarb, Qualcomm Ventures and QED. The investment is intended to enable QuintoAndar to accelerate its expansion plans and consolidate its market leadership in residential rentals in Brazil.
General Atlantic, a leading global growth equity firm, announced today that it has opened an office in Mexico City, its second office in Latin America. Under the leadership of General Atlantic’s dedicated Mexican-born investment team, the Mexico City office will work closely with the firm’s larger Latin American team, its Brazil office, and the entire General Atlantic global network.