billionaire companies, Brazilian unicorns
In Brazil we already have billionaire companies, better known as brazilian unicorns. We're talking about corporations that started out as small businesses and achieved exponential growth in capital and returns on a consolidated basis.
It should be remembered that, in 2013, the US investor, Aileen Lee, coined the term “unicorns” to refer to startups valued at values above the mark of 1 billion reais.
This term has gained great popularity and in the year 2017, Brazil began to recognize its first small large billionaire corporations.
brazilian unicorns
When we talk about Brazilian unicorns, we can say that Brazil is among the 10 countries with the highest number of startups valued above the 1 billion dollar line.
According to data from StartupBase, Brazil has 16 unicorns, one company on the way to becoming a unicorn and 13,465 startups across the country.
Considering the most valued startups market in the world, we have the Brazilian fintech, Nubank, with consolidated capital of 25 billion dollars.
Considering CB Insights data for the year 2021, the billionaire startups market is very heated around the world, and the same is true in Brazil.
Worldwide, there are 546 unicorns with a combined capital of 1.817 billion dollars.
Considering the South American continent, Brazil is considered the center of the big markets in the startup ecosystem. With more than 10 unicorns, the country is becoming a favorable environment for these company profiles.
When we talk about Brazilian startups that have become billionaires, we can mention the brands 99, Nubank, Movile, Gympass, Loggi, Quinto Andar, Ebanx, Wildlife, Loft, Vtex and Creditas.
We are talking about businesses that scale in their markets and reached a billionaire valuation with venture capital and private equity funding.
Soonicorns
The soonicorns refer to the group of startups that have achieved funding and capital of hundreds of millions of dollars. In this case, they are companies that have overcome the ideation stage and have already reached the main positive points of action in their markets.
When we evaluate the most valuable companies in Brazil that started as startups, we can analyze that they are dedicated to emerging markets such as delivery (delivery), financial services, digital banking services and information technology.
The company Nubank, for example, in addition to having become an important digital bank in the country, has also become a very popular digital bank.
Conclusion
Currently, we can explain that Brazilian billionaire startups are always looking for renewal and innovation to maintain the balance of growth.
These are companies that are always looking to grow and, at the same time, recruit good professionals who are able to create and generate solutions.
For the future, it is foreseeable that new companies will emerge in this format to enhance the Brazilian economy. Generally, startups are companies managed by young entrepreneurs, but each model can be executed by entrepreneurs of different age groups and profiles.
The truth is that the number of Brazilian unicorns grows every day and the tendency is for these companies to continue making a difference.
