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QED Investors Leads an Investment in Pitzi

November 4, 2019
pitzi LAVCA

QED Investors led an undisclosed investment in Pitzi, a Brazilian mobile phone insurance provider, with participation from Thrive Capital and Valiant Partners, at a reported valuation of US$100m. QED invested previously, as did KaszeK Ventures, DCM, and Flybridge.
UPDATE: R$60m was the transaction disclosed (according to Baguete). Read more at Baguete. 

(TechCrunch) With roughly one million customers across Brazil and a new round of financing, the mobile phone insurance provider Pitzi now finds itself with a $100 million valuation.

The size of its latest round, which was led by QED Investors and included commitments from existing investors like Thrive Capital and Valiant Partners, was undisclosed.

Read more at TechCrunch.

QED Investors Leads an Investment in Pitzi was last modified: November 13th, 2019 by csantos
BrazilDCMDealsFlybridgeinsurance providerInvestmentKaszek venturesLatin Americamobile phonepitziQED InvestorsstartupsTechnologyThrive CapitalValiant PartnersVenture Capital
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