Loading organizations...
§ Private Profile · Rio de Janeiro, Brazil
Technology company in Brazil providing specialized software solutions for business and operational approval processes.
Approva Facil is a technology company based in Goias, Brazil, that develops software solutions designed to streamline business and operational approval processes for corporate clients. Operating within the Latin American enterprise software market, the firm focuses on digitizing administrative workflows to improve organizational efficiency. While specific technical details regarding its core product suite, target customer segments, and overarching business model remain undisclosed in standard public databases, the enterprise functions primarily as a business-to-business software provider. Current operational scale metrics, including total venture funding raised, post-money valuation figures, active enterprise user counts, and institutional investor backing, have not been publicly disclosed. Furthermore, the organization currently operates without any publicly announced strategic partnerships, recognizable flagship customers, or lead venture capital investors. Approva Facil was officially founded in 2019 by founder and chief executive officer Delmo Simões.
Approva Facil has raised $4.0M across 1 funding round.
Approva Facil has raised $4.0M in total across 1 funding round.
Approva Facil has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in November 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2022 | $4M Seed | — | Terracotta Ventures | Announced |
Approva Facil has raised $4.0M in total across 1 funding round.
Approva Facil's investors include Terracotta Ventures.
Approva Fácil is a Brazilian technology platform focused on real estate, specializing in the sale of low-income properties through a simple, fast, and secure digital process. It connects customers and brokers while providing credit approval services to streamline the home-buying experience, primarily targeting the real estate sector for low-income buyers.[1][2][3]
Based in Rio de Janeiro with approximately 374 employees and around $15 million in annual revenue, the company operates from Avenida José Silva de Azevedo Neto 200 in Barra da Tijuca. It addresses key frictions in affordable housing by digitizing credit checks and property matching, serving brokers, buyers, and financial partners in a market often slowed by manual processes.[2][5]
Limited public details exist on Approva Fácil's founders or exact founding year, but it emerged as a tech-driven response to Brazil's real estate challenges, particularly for low-income segments where traditional financing and sales are cumbersome.[1][3] Headquartered in Rio de Janeiro, the company likely gained early traction by leveraging digital tools to simplify property sales and credit approvals in a region with high demand for affordable housing.[2][5] Pivotal growth appears tied to scaling its platform to handle connections between customers, brokers, and lenders, building on Brazil's proptech boom.[1]
(Note: Some sources conflict on employee count (250-499) and revenue ($10-25M), but core real estate focus is consistent; less reliable data places it in unrelated sectors like animals & livestock.[4])
Approva Fácil rides the proptech wave in Latin America, where digital platforms are transforming real estate amid rising urbanization and demand for affordable housing in Brazil.[1][3] Timing aligns with post-pandemic digitization of financial services, favoring platforms that speed up credit and sales in underserved low-income markets.[2] Market forces like Brazil's housing deficit and fintech growth work in its favor, positioning it to influence ecosystem efficiency by reducing intermediaries and enabling broader access to property ownership.[1][5]
Approva Fácil is poised for expansion by deepening AI-driven credit tools and partnerships in Brazil's real estate fintech space, potentially scaling beyond low-income niches. Trends like embedded finance and regulatory support for digital mortgages will shape its path, amplifying its role in democratizing homeownership. As proptech matures, its influence could extend regionally, solidifying its position as a key enabler in accessible real estate.