Funding round
Grupo QuintoAndar Series B
Grupo QuintoAndar, which works in real estate marketplace services in Brazil, raised $50M in a Series B round announced on 1 Jan 2018. It is Grupo QuintoAndar's second venture round on record; the one before was a Series A in Jan 2017.
$50M
Amount raised
Not disclosed
Post-money valuation
Valuation
What this round says about the price
Grupo QuintoAndar did not disclose a valuation in this round. It came 12 months after Grupo QuintoAndar's Series A. It is 11% of the $470M Grupo QuintoAndar has raised in the venture rounds on record. Grupo QuintoAndar raised again 12 months later: a Series C round of $100M in Jan 2019. Its next priced round, a Series E in Jan 2021, valued it at $5.10B.
Comparable rounds
How it compares
5 Series B rounds in Real Estate - Agents & Managers within a year either side disclosed an amount; the median was $19M, and this round was 2.6 times the median. The closest in time, other companies' Series B rounds in Real Estate - Agents & Managers:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Real Estate - Agents & Managers | 8 May 2018 | $7.1M | not disclosed | VNV Global |
| Real Estate - Agents & Managers | 15 Aug 2017 | $40M | not disclosed | Menlo Ventures |
| Real Estate - Agents & Managers | 16 May 2017 | $19M | not disclosed | Daily Mail and General Trust |
| Real Estate - Agents & Managers | 17 May 2017 | $12M | not disclosed | Octopus Ventures |
| Real Estate - Agents & Managers | 15 Oct 2018 | $23M | not disclosed | not named |
Questions
Frequently asked
How much did Grupo QuintoAndar raise in its Series B round?
Grupo QuintoAndar raised $50M in its Series B round, announced in Jan 2018.
What was Grupo QuintoAndar's valuation at the Series B round?
It was not disclosed.
How does it compare with other Series B rounds in Real Estate - Agents & Managers?
5 Series B rounds in Real Estate - Agents & Managers within a year either side disclosed an amount; the median was $19M, and this round was 2.6 times the median.
Did Grupo QuintoAndar raise again after this round?
Yes: a Series C round in Jan 2019 of $100M.