Business

Focused on M&As, Brazilian startup Stark Capital raises a seed round from Bossa Nova Investimentos

The investment round aims to improve back office processes and Stark Academy. In 2020, five transactions coordinated by the startup handled BRL 130 million

Photo: Stark Capital/Website
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  • The value of the round was not disclosed;
  • Stark’s goal for 2021 is to triple its turnover and complete at least eight M&As transactions on the platform.

Brazilian startup Stark Capital, which works connecting small and medium-sized companies with potential investors, has just received a seed round from Bossa Nova Investimentos to invest in the back office’s automation and improve the processes after the connection between entrepreneurs and investors, as reported by Exame. The value of the round was not disclosed.

Founded in 2016, Stark Capital started as a mergers and acquisitions (M&A) boutique. In 2020, driven by the pandemic that stimulated the increase in M&A operations, it decided to invest in technology as a facilitator of the agreements. “At the end of 2019, we left the advisory character and started to design a platform that was an M&A Tech,” João Vitor Carminatti told Exame.

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It worked: the five transactions coordinated by Stark last year handled BRL 130 million. The change in direction resulted in revenue four times higher than in 2019. With the seed round of Bossa Nova, the startup intends to improve the processes and invest in a partnership to offer courses on the M&As market for small and medium entrepreneurs.

Stark’s goal for 2021 is to triple its turnover and complete at least eight M&As transactions on the platform.

READ ALSO: Curitiba-based Contabilizei raises Series C round led by SoftBank Latin America Fund

How Stark Capital works

The startup has a network of consultants responsible for identifying companies interested in an M&A and presenting the platform to them. At the same time, the startup makes contact with private equity funds, venture capital, and companies interested in making acquisitions and registers these possible buyers. From there, the platform connects small and medium-sized companies with investors.

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