Edtech Startse is now the parent company of Brazil‘s largest crowdfunding platform CapTable, an operation intended since the startup‘s last round of BRL 75 million received from Patria Investiments in November.
Startse, which already had 40% of the platform, acquired shares from founders Paulo Deitos Filho and Guilherme Enck and increased its stake. Contacted by LABS, Startse did not reveal what percentage of the platform it currently has.
CapTable is the leading crowdfunding platform among the ten regulated by the country’s Securities and Exchange Commission (CVM). In 2021, these platforms raised BRL 124 million (nearly $24 million) in 75 rounds – a growth of 224% over 2020.
CapTable was responsible for 29 of those rounds, raising a total of BRL 49.5 million ($9.5 million) last year. In August, the platform announced a goal of intermediating BRL 70 million ($13.4 million) in investments last year, a mark that it did not reach.
CapTable has bold goals for 2022: it wants to raise BRL 250 million ($48 million) in 70 rounds, with a focus on Seed and Series A stage startups.
Since July 2019, its inception, CapTable has raised more than BRL 65 million ($12.5 million) for 45 startups.
In January, in an interview with LABS, Enck said he believes there will be greater integration between angel investor groups, accelerators, funds, and platforms in 2022.
CapTable has also started to work with corporate venture capital, in a kind of Venture Capital as a Service, seeking startups for large companies interested in investing in this universe. This arm of the platform has Grupo Elfa and Pátria Investimentos as partners.