QuintoAndar describes itself as an “end-to-end solution for long-term rentals”, offering a complete real estate service including mortgages, insurance, and more. The platform connects home buyers to sellers and landlords, facilitating the process of finding a home in districts across Brazil.
In the past year, QuintoAndar has expanded into 14 new cities in Brazil and acquired Atta Franchising, a real estate mortgage broker. The company now manages more than 120,000 rentals across 40 cities in the country.
With the new funding, QuintoAndar is now valued at $5.1B. The platform became a unicorn back in 2019, and is now looking to make new acquisitions and continue to accelerate growth.
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