Kamino has raised $11.0M in total across 2 funding rounds.
Kamino's investors include Clocktower Technology Ventures, Flourish Ventures, IGNIA Partners, Inspired Capital, Mouro Capital, Picus Capital, Quona Capital, Scale-Up Ventures, Flavio Dias, Paulo Piccini, 83North, Accel.
# Kamino: Financial Operating System for Latin America's Mid-Market
Kamino is a financial management software company that provides integrated banking and financial operations solutions for mid-sized businesses in Brazil and Latin America[1][4]. Founded in 2021 and based in São Paulo, the company has raised $6.1M and serves service companies, marketing agencies, and investment advisory firms that fall between small business tools and legacy enterprise platforms[1][4].
The company's core mission is to democratize enterprise-grade financial infrastructure for underserved mid-market companies. Kamino embeds banking, payment processing, and real-time financial reporting directly into its platform, enabling finance teams to automate accounts payable and receivable, batch payments, reconciliation, and expense management[4]. On average, clients save 72% of finance team hours and more than $40,000 annually by transitioning from spreadsheets to Kamino's platform, with 87% of client payment volume now running through Kamino's integrated bank account[4].
Kamino was founded in late 2021 by a team with deep expertise across financial operations, technology, and business scaling[4]. The founding team includes Marc (Founder/CEO), who spent 15 years driving 5X revenue and profit growth for small and medium-sized businesses as a CFO and led transformation projects and strategic acquisitions[2][3]. Sam (CTO) architected a ground-up platform rebuild, obtained SOC-2 Type II certification within 12 months, and previously guided another company through a $24M Series A+B round with platform adoption at 15% of the Fortune 500[2][3]. The team also includes Olga (CHRO) and Chad (CRO), who brings experience scaling SMBs and accelerating one of North America's fastest-growing marketing firms with three successful PE exits[2][3].
The company emerged from recognizing a critical gap in Brazil's financial software market: mid-sized companies were too large for small business tools but too small for legacy ERP platforms, while facing complex regulatory requirements and a fragmented banking landscape[4].
Kamino is riding several converging trends that make its timing particularly strategic. Brazil's capital markets have matured significantly, and the country's financial technology ecosystem is approximately a decade ahead of other Latin American markets in sophistication[1]. The mid-market segment represents an enormous, underserved opportunity—these companies need enterprise-grade infrastructure but lack the resources to implement legacy systems.
The company is part of a broader movement toward API-native, AI-driven financial infrastructure that treats financial operations as a competitive advantage rather than a back-office function[4]. By embedding banking directly into software, Kamino leapfrogs traditional automation and creates what it calls a "system of action"—where finance teams move from reactive spreadsheet management to proactive, data-driven decision-making[4].
This approach levels the playing field for mid-market companies, enabling CFOs to access tools previously available only to large enterprises. The broader ecosystem benefits as healthier, more resilient mid-sized businesses drive economic growth and innovation[4].
Kamino's ambition extends beyond Brazil to become the financial operating system for all of Latin America's mid-market[4]. The company's embedded banking model, combined with its experienced founding team and proven customer impact, positions it well to capture significant market share in an underserved segment.
The key inflection points ahead likely involve geographic expansion across Latin America, deepening AI-driven financial intelligence capabilities, and potentially expanding upmarket as mid-market customers grow. As regulatory complexity and banking fragmentation remain persistent challenges across the region, Kamino's integrated approach addresses a structural problem that will only grow more valuable as the region's economy evolves.
Kamino has raised $11.0M across 2 funding rounds. Most recently, it raised $5.0M Seed in June 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2024 | $5.0M Seed | Clocktower Technology Ventures, Flourish Ventures, IGNIA Partners, Inspired Capital, Mouro Capital, Picus Capital, Quona Capital, Scale-Up Ventures, Flavio Dias, Paulo Piccini | |
| Mar 1, 2022 | $6.0M Seed | 83North, Accel, Emergence Capital, FirstMark Capital, General Catalyst, GreenPoint Partners, Inspired Capital, Lightspeed Venture Partners, Mango Capital, Pareto Holdings, Picus Capital, Quona Capital, Scale-Up Ventures, Charlie Songhurst, Fabricio Bloisi, Gokul Rajaram, Manik Gupta, Max Mullen, Russell Dreisenstock, Stefan Jeschonnek |
