Tech Talents Brazil #6
Former Operations Manager at Rappy launches a fintech startup, ex-Co-Founder at Eduqo launches a new healthcare AI company, ex-CPO at Pier Seguradora goes under stealth, and much more.
Welcome to the sixth edition of Tech Talents Brazil!
In this newsletter, I share real-time key talent movements in the Brazilian tech ecosystem, including founders entering and exiting stealth mode, executive-level movements in unicorns, and partner-level changes in local VC firms.
Before we get started, I wanted to share Carta’s H1 2024 State of Startup Compensation report. Given Carta’s coverage, this is probably the best way to get a quantitative overview of key general talent trends in the tech world. Even though the report is focused on US startups, I believe LatAm might be experiencing similar trends to some extent.
Here is what caught my attention in the report:
The startup industry is not growing as it used to in terms of employees. Headcount at Carta startups has been relatively flat since late 2022, meaning total departures have been very similar to new hires since then. Thankfully, layoffs seem to be decreasing significantly, with May 2024 having 38% fewer laid-off employees than January 2024.
Efficiency is the new rule. Seed startups had an average of 5.3 employees in H1 2024, 23% less compared to H1 2021. Companies that closed Series A rounds in H1 2024 were also 11% smaller in terms of number of employees than in H1 2021.
Employee retention is getting harder and harder. 43.4% of all employees on Carta who were hired in 2021 had left within two years. That proportion never reached 40% among workers hired in any year from 2016 to 2020.
Back to our usual format, here is a summary of this week's movements:
Ex-Operations Manager at Rappy (previously featured as a stealth founder in Tech Talents #3) publicly launches his fintech startup.
YC alumni is building something new.
Ex-Business Architecture Manager at Tino goes under stealth.
And many more…
🎊 Founders Coming Out of Stealth
Founders who were in stealth mode and have just revealed what they are working on.
Bricker
Overview
Startup Description: The next-gen intelligence in Real Estate financing.
Financing Round: USD 800k in October 2023 from undisclosed investors
Headquarters: São Paulo
Industry: Fintech, Real Estate
Team Size: 5
Time in Stealth: 11 months
Founders Profiles
Henrique Arakaki - Tech/Data at Bricker
Henrique was previously featured as a Stealth Founder in Tech Talents #3.
Founder Highlights: Technical Founder, Top 10 Universities, Unicorn Experience, Latitud Fellow
Previous Experience: Ex-Business Analytics Manager at Mercado Livre, ex-Operations Manager at Rappi, ex-Business Intelligence at Farfetch, ex-Mobile Developer at Taqtile, Bachelor of Computer Engineering from USP, Latitud Fellow.
Ask for an Intro: Click here
Headquarters: São Paulo
Rogério Pagliari Jr. - Co-Founder at Bricker
Founder Highlights: Serial Founder, Latitud Fellow, Unicorn Experience, Ex-Big Tech, Top 10 Universities
Previous Experience: Ex-Co-Founder at Giorgio, Ex-Executive Senior Manager for Proximity Marketplace LatAm at Mercado Livre, Ex-Strategy & Planning and General Manager Brazil - RappiPay at Rappi, Ex-Management Consultant at A.T. Kearney, Ex-Consultant at Value Partners, FGV Public Administration Bachelor's degree, Latitud Fellow.
Ask for an Intro: Click here
Headquarters: São Paulo
Revena
Overview
Startup Description: Revena transforms medical records into medical bills with AI and revenue cycle experts.
Announcement Article: Click here
Financing Round: ~USD 1M led by Caravela Capital with other angels also joining
Headquarters: São Paulo
Industry: Healthcare, SaaS
Team Size: ~3
Time in Stealth: 1 year and 2 months
Founders Profiles
Mateus Noronha - Co-Founder at Revena
Founder Highlights: Serial Founder, Previous Exit, Top 10 Universities, Investor
Previous Experience: Ex-Partner at Talentum Ventures, ex-Advisor at Arcotech, ex-CEO and Co-founder of Eduqo (exited to Arco Platform, NASDAQ: ARCE), ex-Associate Consultant at Bain & Company, Engineering degree from ITA.
Ask for an Intro: Click here
Headquarters: São José dos Campos, São Paulo
Diogo Freitas - Co-Founder at Revena
Founder Highlights: Technical Founder, Top 10 Universities, “Soonicorn” Experience
Previous Experience: Ex-Founding Team (CPO, CMO & Data) at Buser Brasil, ex-Founding Team (CPO) at Eduqo, Bachelor's in Engineering from ITA.
Ask for an Intro: Click here
Headquarters: São José dos Campos, São Paulo
🤫 Talents Entering Stealth
Talents with relevant experiences who have just entered stealth mode.
Bianca Junqueira - Founder and COO at Stealth Startup
Founder Highlights: Serial Founder, Y Combinator Alumni, Latitud Fellow, Endeavor Scale Up
Previous Experience: Ex-Co-Founder and Co-CEO at Portão 3 (Endeavor Scale-Up), ex-Co-Founder and CEO at Sling, ex-Co-Founder and CEO at Bags and Wings, ex-Financial Accounts Payable at Cargill, Y Combinator S21, Forbes Under 30, Latitud Fellow, Bachelor's in Business Administration from Universidade Federal de Uberlândia.
Ask for an Intro: Click here
Headquarters: Uberlândia, Minas Gerais
Time in Stealth: 4 months
Bruno Sayão - Founder at Stealth Startup
Founder Highlights: Serial Founder, Previous Exit, Investor, Masters, Top 10 Universities
Previous Experience: Ex-Co-Founder at Letsbank (acquired by Banco Master), ex-Founder at IOUU (acquired by Letsbank), ex-Business Manager for Financial Vertical at Certisign, ex-Co-Founder and Managing Partner at Five Star Painting, ex-Account Manager at TeleListas, Angel Investor in multiple startups, MBA from Ibmec, Postgraduate degree in business administration from FGV.
Ask for an Intro: Click here
Headquarters: São Paulo
Time in Stealth: 3 months
João Gabriel S. Fiori Esteves - Building at Stealth Company
Founder Highlights: Ex-Big Tech, “Soonicorn” Experience, Ex-Consultant
Previous Experience: Ex-Business Architecture Manager at Tino, ex-Senior Business Architect at Yuca, ex-Business Architect at Mercado Pago Brasil, ex-Consultant at FALCONI, ex-Account Strategist at Media.Monks Brasil, Bachelor's in Computer Science from Universidade Federal de São Carlos.
Ask for an Intro: Click here
Headquarters: São Paulo
Time in Stealth: 8 months
Alice Iglesia - CEO at Stealth Startup
Founder Highlights: Ex-Investor, Ex-Consultant
Previous Experience: Ex-Venture Partner at Canary, ex-Chief Product Officer and Product & Operations Director at Pier Seguradora, ex-Director of Lending Operations and Loans Conversion at Guiabolso, ex-Business Analyst at McKinsey & Company, Telecom Paris Information Systems and Project Management degree, UNICAMP Electrical Engineering degree.
Ask for an Intro: Click here
Headquarters: Salvador, Bahia
Time in Stealth: 1 month
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