Fundz

Ume raised $15M in a Series A led by PayPal Ventures to enhance its AI-powered payment platform across Brazil.

Sep 04, 2024

Amount Raised

$15 Million

Round Type

Series A

Sao PauloFinancial ServicesArtificial IntelligencePaymentsFinanceE CommerceFintech

Investors

Clocktower VenturesGlobo VenturesNfxPay Pal Ventures

Description

Sao Paulo-based fintech Ume has secured $15 million in a Series A funding round led by PayPal Ventures with participation from NFX, Globo Ventures, and Clocktower Ventures. The funding will allow Ume to expand its platform leveraging Pix and AI, reaching more businesses and consumers.

Who to call at Ume, and when

A new round usually means Ume is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Ume raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Ume, from your own LinkedIn network

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Company Information

Company

Ume

Location

Sao Paulo, Sao Paulo, Brazil

About

Ume is a credit platform capable of reaching competitive prices and creating an economic environment to make credit simple and democratic.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Ume raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ML-powered predictions for Ume's next move

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Ume raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.