LAVCA | The Association for Private Capital Investment in Latin America
  • About
    • About LAVCA
    • Board, Team & Councils
    • Media
    • Contact
  • Members
    • Membership Benefits
    • Current Members
    • Member Access
    • Apply
  • Education & Programs
    • Networking
    • LAVCA Week
    • Calendar & Past Programs
    • LAVCA Education
    • Industry & Partner Events
  • Research & Directories
    • LAVCA Research
    • Industry data
    • LP Survey
    • Directories
  • Policy
    • Policy News Feed
    • Scorecard
    • PRIVATE CAPITAL REGULATION BY COUNTRY
    • Advocacy Initiatives
    • Term Sheets & Guidelines
  • ESG & Impact
    • Responsible Investment
    • Deal Book
      • Submit a Deal
    • Impact Report
    • Latin American ESG Awards
    • ESG Guidelines
  • Articles
    • Featured Articles
    • Industry News
  • #COVID-19
  • VC
  • Member Login
  • Member Access

LAVCA | The Association for Private Capital Investment in Latin America

A non-profit member organization

  • About
    • About LAVCA
    • Board, Team & Councils
    • Media
    • Contact
  • Members
    • Membership Benefits
    • Current Members
    • Member Access
    • Apply
  • Education & Programs
    • Networking
    • LAVCA Week
    • Calendar & Past Programs
    • LAVCA Education
    • Industry & Partner Events
  • Research & Directories
    • LAVCA Research
    • Industry data
    • LP Survey
    • Directories
  • Policy
    • Policy News Feed
    • Scorecard
    • PRIVATE CAPITAL REGULATION BY COUNTRY
    • Advocacy Initiatives
    • Term Sheets & Guidelines
  • ESG & Impact
    • Responsible Investment
    • Deal Book
      • Submit a Deal
    • Impact Report
    • Latin American ESG Awards
    • ESG Guidelines
  • Articles
    • Featured Articles
    • Industry News
  • #COVID-19
  • VC

Warburg Pincus Invests US$100m Series A for Brazilian API Communication Platform Take Blip

October 7, 2020

Warburg Pincus has invested a US$100m Series A for Brazil-based API communication platform Take Blip.

(Press Release) The leading API communication platform in Brazil completes its first equity financing round

  • Take is one of the most innovative companies in the digital communication space;
  • The company is a WhatsApp Business API Solution Provider, Google partner for Google Business Messages, RCS and Google Assistant, Apple Business Chat Provider and Microsoft ISV
  • Over 1.5 billion messages / month running through Take Blip, the company’s proprietary developer-first platform
  • With a highly scalable business model, the company has grown fivefold in the past 2 years, reaching a US$40m ARR in 2020
  • This first equity round led by Warburg Pincus, a global private equity firm with over US$50b under management, will accelerate the company’s growth roadmap and finance its international expansion

Led by founding partners Roberto Oliveira, Daniel Costa and Marcelo Oliveira, Take Blip is an API-first communication platform that manages how enterprises engage with customers by connecting several corporate workflows (CRM, Customer Service, Analytics, etc.) with conversational channels such as WhatsApp, Apple Business Chat, Facebook Messenger and Google RCS.

The company caters to over 750 clients, including several Brazilian industry leaders such as Claro, Itaú Unibanco, Coca-Cola, Localiza, Fiat, TruckPad and others. Through Take Blip, customers can discover, engage and transact with brands and businesses in conversational channels with better user experience and lower costs. “Customer service is one of the main challenges faced by companies, regardless of their size. The use of automation and software integration is extremely powerful to upgrade the customer journey. Our platform offers an easy way to deliver a high level of service and personalized interactions at a low cost”, according to Daniel Costa, Take Blip’s Chairman and CHRO.

“We are very excited about Take Blip. Very rarely we find a company with this level of product-market fit and growth pace combined with strong economics and an engaging entrepreneurial corporate culture – and we have found it in Brazil” said Ash Somani, managing director, Warburg Pincus.

“Take Blip is at the center of two extremely relevant shifts in this digital era. The first is that the internet has become conversational. People want to experience, discover, engage and transact with brands as they do with friends, through messaging platforms and social media. The second is the positive use of data and artificial intelligence to predict what is the next best interaction a company can have with each customer. Take solves both challenges and in a matter of weeks we fast-forward a few years of our clients’ digital strategy” stated Take Blip CEO Roberto Oliveira.

“Ultimately this is a huge market – in the near future every single company will have to be part of the conversational internet just as they had to launch a website in the near past – and we are confident Take Blip has the right team to help its clients in this journey” added Piero Minardi, head of Warburg Pincus in Latin America.

Take Blip’s strategic objectives include scaling its Brazilian operations through investments in sales, marketing, customer support and R&D, as well as the international expansion to key markets such as USA, Europe, and Mexico.

Lazard acted as lead financial advisor to Take alongside Itaú BBA.

About Take

Founded in 1999, Take is mobile internet pioneer in Brazil. The company was the market leader in developing SMS applications and ringtones, when it was sold in 2005. Years later, the original founders repurchased the company and developed Take Blip, the leading Conversational Intelligence Platform in Brazil. Nowadays, the company is a WhatsApp Business API Solution Provider, official Facebook Messenger provider, Microsoft and IBM ISVs, Amazon Alexa developer partner, Google partner for Google Business Messages, RCS and Google Assistant, and approved Messaging Service Provider for Apple Business Chat. https://take.net/

About Warburg Pincus

Warburg Pincus LLC is a leading global private equity firm focused on growth investing. The firm has more than $53 billion in private equity assets under management. The firm’s active portfolio of more than 185 companies is highly diversified by stage, sector, and geography. Warburg Pincus is one of the most active growth investors in TMT globally, having invested over US$20 billion in more than 330 companies in the space, always seeking to partner with management teams to build durable companies with sustainable value. Founded in 1966, Warburg Pincus has raised 19 private equity funds, which have invested more than $84 billion in over 900 companies in more than 40 countries. The firm is headquartered in New York and has been present in Brazil for 10 years, backing successful growth cases such as Petz, Eleva Educação, Grupo GPS and Superlogica. For more information please visit www.warburgpincus.com.

Warburg Pincus Invests US$100m Series A for Brazilian API Communication Platform Take Blip was last modified: October 13th, 2020 by shajiyev@lavca.org
API CommunicationAsh SomaniDaniel CostaMarcelo OliveiraRoberto OliveiraSeries ATake BlipWarburg Pincus
1
Facebook Twitter Google +

LatAm Venture Bulletin

LatAm Venture Bulletin

The LatAm Venture Bulletin is a must-read roundup of startup deals and news on emerging technologies in Latin America, delivered to over 6,000+ investors, entrepreneurs, and corporates bi-weekly.

Asset Class *


VC Partner Events

    Tweets

    • 📢Exciting news to kick off 2021: Nicolás Szekasy of @KaszekVentures was appointed LAVCA Board Chair; Juan Alberto L… https://t.co/k6xlZQ0GKi

      21-Jan-2021

      Reply Retweet Favorite
    • READ latest deal case featuring Aqua Capital's investment in 🇧🇷Brazil-based agribusiness/animal feed additives comp… https://t.co/vAgqJSEPRm

      22-Dec-2020

      Reply Retweet Favorite
    • 🚀LAVCA's #VC #femaleinvestors lists are out: ♀️ Top #Women Investing &⭐Emerging Women Investors in #LatinAmerica… https://t.co/D6bpZqL9LO

      10-Dec-2020

      Reply Retweet Favorite
    • #HappeningNow LAVCA's CEO @ivonnecuello sharing #LatAm #Tech sectors leading, #leapfrogging, & #Socialimpact data.… https://t.co/Bt2sgRQOFm

      11-Nov-2020

      Reply Retweet Favorite
    • 👩‍💻#weXchange2020 LAVCA's Executive Advisor y @CapriaVC 's Venture Partner @RoblesSusanaro y @NXTPvc's Managing Par… https://t.co/F7Fm1EOxZO

      11-Nov-2020

      Reply Retweet Favorite

    Submit VC News

    Have private equity or venture capital related news that you would like to share? Submit your press releases and news to news@lavca.org.

    VC Industry News

    • SoftBank Group and Dynamo Lead US$190m Series E in Brazilian E-commerce MadeiraMadeira

      January 7, 2021
    • Oria Capital Invests R$40m in Brazilian Analytics Platform Knewin (em português)

      January 5, 2021
    • QED Investors Leads US$17.5m Series A in Chilean Insurtech Betterfly (formerly Burn to Give)

      December 31, 2020
    • Amplify Partners Leads US$8.5m Series A in Media Production Platform RunwayML

      December 30, 2020
    • IDB Invest, HBM Healthcare, and Morgan Rio Capital Invest US$18m in Colombian Healthtech Farmalisto (en español)

      December 24, 2020
    • SP Ventures Reaches R$130m Second Close for AgVentures II

      December 22, 2020
    • Darwin Capital and Angels Invest R$12m in Brazilian Neobank Linker (em português)

      December 21, 2020
    • monashees Leads R$30m Round in Brazilian Fintech Nomad (em português)

      December 20, 2020
    • Microsoft’s WE Ventures Receives R$5m Commitment from Brazilian Insurance Porto Seguro (em português)

      December 18, 2020
    • Mountain Nazca Leads US$17.5m Series A in Peruvian Edtech Crehana (en español)

      December 17, 2020
    • LGT Lightstone Leads US$255m Series E in Brazilian Fintech Creditas

      December 17, 2020
    • Hetz Ventures Leads US$3.55m Round in Mexican Fintech Mozper

      December 14, 2020
    • Jaguar Ventures, Investo, and Liquid2 Ventures Invest US$2.3m in Chilean Justo (en español)

      December 10, 2020
    • KaszeK Ventures and QED Investors Lead US$62m Series B in Bitso

      December 9, 2020
    • Valor Capital Group Leads US$2.2m Round in Brazilian Dolado (em português)

      December 9, 2020
    • Temasek Invests US$20m in Brazilian Payments Processor Conductor

      December 9, 2020
    • IDB Invest and Blue Like an Orange Invest US$50m in Travel Network Selina

      December 9, 2020
    • Flourish Ventures, Mountain Nazca, Valar Ventures, and Greyhound Capital Invest US$45m in albo

      December 8, 2020
    • Volpe Capital Reaches US$50m First Close for Early Stage Latin America Fund (em português)

      December 8, 2020
    • Blockchange Ventures and Pomp Lead US$5.25m Round in Colombian Fintech Valiu (en español)

      December 7, 2020
    • Riverwood Capital Invests US$32m in Brazilian Freight Management Intelipost

      December 6, 2020
    • Barn Investments, Bulb Capital, and Wayra Invest R$30m in Trocafone (em português)

      December 4, 2020
    • Accion Venture Lab, Emles Venture Partners, and Noveus VC Invest US$1.5m in Henry

      December 3, 2020
    • Mountain Nazca and Alma Mundi Ventures Lead US$3m Round in Spanish Healthtech Asistensi

      December 3, 2020
    • Mountain Nazca Leads US$1.7m Round in Mexican Personal Finance Startup Heru

      December 2, 2020
    • monashees Leads R$28m Seres A in Brazilian Coffee Shop The Coffee (em português)

      December 1, 2020
    • KaszeK Ventures, Global Founders Capital, and Iporanga Ventures Invest US$2.5m in Legiti (em português)

      November 30, 2020
    •  Peninsula Participações and Endeavor Catalyst Lead US$10m Series B in Brazilian Healthtech Hilab (em português)

      November 26, 2020
    • The Craftory Leads US$1.8m Round in Brazilian Carbon Credit Marketplace Moss (em português)

      November 25, 2020
    • ONEVC Leads US$2.7m Round in Brazilian Agtech TerraMagna

      November 25, 2020
    • SoftBank Leads US$58m Series D in Brazilian Ecommerce Olist

      November 23, 2020
    • Index Ventures Leads US$19m Series A in Mexican Digital Health Insurer Sofía

      November 20, 2020
    • Clout Capital Leads US$2.55m Series A in Quantum Talent (en español)

      November 20, 2020
    • monashees, ONEVC, and Y Combinator Lead US$5m Seed Round in Brazilian Fintech Facio

      November 18, 2020
    • Tribe Capital Leads US$13.5m Series A in Mexican Identity Verification Provider Mati

      November 17, 2020
    • Memory Merges with Accel-KKR Backed Siigo (en español)

      November 16, 2020
    • Confrapar and Crescera Investimentos Exit Billing Platform Vindi via R$180m Sale to Locaweb (em português)

      November 11, 2020
    • monashees and Qualcomm Ventures Lead Undisclosed Series A in Edge Computing Azion (em português)

      November 10, 2020
    • SP Ventures Invests R$14m in Brazilian Agtech Lending Platform Traive (em português)

      November 4, 2020
    • Astella Investimentos Leads US$1.4m Round in Brazilian HRtech BossaBox (em português)

      November 3, 2020
    • Passion Capital Leads US$1.4m in Self-Service Cloud Platform Warren

      November 1, 2020
    • Viking Global Investors Leads US$150m Round in Brazilian Card Issuer Conductor

      October 30, 2020
    • KaszeK Ventures and Peninsula Lead R$17m Round in Brazilian Primary Care Cuidas (em português)

      October 29, 2020
    • Astella Investimentos Invests R$8m in Brazilian Public Finance Platform Gove (em português)

      October 27, 2020
    • Vine Capital Leads US$4m in Colombian Construction Materials Platform Tül

      October 27, 2020
    • IDB Invest Leads US$15m Round in Mexican On-Demand Furniture Platform GAIA

      October 26, 2020
    • Inovabra Ventures Leads R$37m Round in Brazilian Financial Management Asaas

      October 23, 2020
    • DOMO Invests R$4m in Brazilian Online Event Startup Even3 (em português)

      October 22, 2020
    • Oikocredit Invests R$20m in Brazilian Fintech BizCapital (em português)

      October 22, 2020
    • MAYA Capital Reaches US$15m Second Close for Latin America Fund

      October 21, 2020
    • Alameda Ventures Invests R$40m in Digital Asset Investment Platform Transfero Swiss (em português)

      October 21, 2020
    • monashees Leads US$14.5m Round in Brazilian Insurtech Pier (em português)

      October 21, 2020
    • Vox Capital Leads R$23m Round in Brazilian Payment Developer Celcoin (em português)

      October 20, 2020

    About LAVCA

     

    LAVCA is the Association for Private Capital Investment in Latin America, a not-for-profit membership organization dedicated to supporting the growth of private capital in Latin America and the Caribbean through research, education, networking and advocacy.

    LAVCA Offices

        New York City:
        589 8th Ave, 18th Floor
        New York, NY 10018

        Washington DC:
         2600 Virginia Ave. N.W., 500
        Washington, DC 20037

    LAVCA Also Has a Regional Presence in:

        Silicon Valley:
        San Francisco, CA

    Explore LAVCA.org

    • About LAVCA
    • Board, Team & Councils
    • Media
    • Contact Us
    • Membership Benefits
    • Members Only Access
    • Education and Programs
    • Research
    • Policy
    • LAVCA VC
    • Contact Us

    @2020 - LAVCA. All Rights Reserved.


    Back To Top