Endeavor Selects 19 Entrepreneurs from six markets at the 95th International Selection Panel in São Paulo, Brazil
Endeavor selected 19 entrepreneurs leading eight companies at the 95th International Selection Panel (ISP) held November 19-21, 2022, in São Paulo, Brazil. São Paulo, the largest city in Brazil, is also the beating heart of the local entrepreneurial ecosystem, providing the perfect backdrop to three days of high-impact gatherings.
Endeavor now supports 2,388 entrepreneurs leading 1,477 companies in 41 markets around the world (read more about the newly selected entrepreneurs below).
The São Paulo ISP was presented by Cubo, General Atlantic, and Globo Ventures, with additional support from AXA, Bain, Cooley, EY, HSBC, Silicon Valley Bank, and Zoom.
The ISP is the culmination of a rigorous multi-step selection process to identify high-impact entrepreneurs who demonstrate the potential to leverage Endeavor’s resources and mentorship to create large-scale wealth and jobs and are committed to reinvesting their time and money in their local entrepreneurship ecosystems to help others take off.
During the ISP, panelists interviewed a small group of high-caliber entrepreneur candidates about their businesses. Then, in “deliberation rooms,” panelists evaluated the entrepreneurs on their potential for high-impact growth, discussed which candidates should be selected to become Endeavor Entrepreneurs, and voted unanimously to select the newest Endeavor Entrepreneurs.
Panelists at the ISP included: Allison Light, West Ventures (Endeavor Mentor); Anderson Thees, Itaú Unibanco (Endeavor Global Ambassador); Daniel Wjuniski, Sallve (Endeavor Entrepreneur); Dan Holt, BillGO (Endeavor Entrepreneur); Hristo Hristov, HR Capital (Endeavor Bulgaria Board Member); Javier Mata, Yalo (Endeavor Entrepreneur); Luis Lora, Globo Ventures (Endeavor Global Ambassador); Mike Cassidy, Astra (Endeavor Mentor); Pablo Fernandez, Clikalia (Endeavor Entrepreneur); Pieter de Villiers, Clickatell (Endeavor Entrepreneur); Ricardo Weder, Jüsto (Endeavor Entrepreneur); Santiago Zabala, Trafilea (Endeavor Entrepreneur); Sergio Furio, Creditas (Endeavor Entrepreneur); Shari Loessberg, MIT Sloan School of Management (Endeavor Mentor); Steven Mail, Mail Venture Partners (Endeavor Mentor); Sophia Alj, Chari (Endeavor Entrepreneur); Wagner Ruiz, EBANX (Endeavor Entrepreneur) and Veronica Allende Serra, Innova Capital Fund (Endeavor Global Board Member).
Endeavor Entrepreneurs have had a significant track record of impact. Endeavor Entrepreneurs have created more than 3.4 million jobs, generated combined revenues of over $28B throughout 2021, and build sustainable growth models in their home countries.
Entrepreneurs: Matheus Moraes, André Florence, Guilherme Azevedo
Alice is revolutionizing Brazilian private health care, becoming the first healthcare/insurance provider to offer an integrative care solution focusing on primary care, lowering care costs and increasing positive health outcomes. Founded in 2019 and launched in 2020, it network of 10+ hospitals, 200+ medical labs, and primary care personnel provides healthcare to 10K+ people in Brazil, a market where <25% of the population has access to affordable private healthcare. Seeking to improve access to & quality of care, Alice has raised >$175M in equity capital, including a $127M Series C in December 2021 led by Softbank.
Entrepreneurs: Marcelo Maziero & Fernando Fontes
CERC was designed to increase the representation of receivables in the Brazilian market and address the use of receivables to foment the wider credit offering with lower costs for smaller companies, unlocking huge sums in credit value. CERC functions as a generalized and unified ledger to address these issues. As a Trade Repository, CERC ensures that all receivables are correctly registered and are available to answer these key questions. The Brazilian receivables market today transacts around $700B annually with the potential for transacting more than $3T. This market is expected to grow aggressively due to new regulatory changes by Brazil’s Central Bank. Not only did such changes allow CERC’s business model to emerge, it is making it mandatory for receivables to be registered with entities such as CERC.
Entrepreneurs: Benjamín Labra & Nicolás Knockaert
Vertical: Commerce – Proptech
Houm is a Latin American prop-tech company based in Santiago, Chile that provides end-to-end real estate solutions, including rentals, sales, and property management. The company was founded in 2018 to democratize real estate by making renters’ and homeowners’ lives easier at each step of the way. Houm offers three core services including services for landlords who rent and sell, services for tenants, and services for buyers or investors. The company aims to help everyone find their dream home, even those who cannot, committing 1% of company income to low-income families in Latam. Houm has raised over $45M in capital, including its most recent $35M Series A led by Goodwater Capital.
Entrepreneurs: Omar Saleh, Omar Salah, Ahmed Wagueeh, and Fatma El Shenawy
Operating in Egypt, a country where more than one-third of its 100M+ people lack access to formal financial services, Khazna is a ‘Financial Super-App’ that aims to become the go-to financial partner for the low-to-mid-income population in the country. Khazna provides a diverse product suite of financial services including income-backed multipurpose cash credit, BNPL offline services, peer transfer services, bill payment services, and a prepaid Khazna card. Launched in early 2020, Khazna is a team of 300+ employees (ranked first in the LinkedIn Top 10 Egyptian Startups list), has landed 300+ commercial partners and 300K+ active end-users to date, and has raised $30M in equity funding from investors including Quona Capital.
Entrepreneurs: Josep Talavera & Alberto Fossas
Vertical: Retail & Consumer Tech
Operating in the $16B European used motorbike market, MundiMoto is a C2B2C technology platform that brings data transparency and convenience to all stakeholders involved in the secondhand motorbike market. Its full-service platform allows both buyers (dealers and individual consumers) and sellers to complete a 100% online transaction, get access to financing and insurance options through partners such as BBVA and Santander, and get convenient services including motorbike pick-up and delivery at home. Founded in 2019, its mission is to build the best platform that allows consumers to sell and buy motorbikes online throughout Europe, it is already the #1 player in Spain, and it has grown at an impressive 283% 2019-2021 CAGR.
Entrepreneurs: Joaquin Colella & Ilan Bajarlia
Vertical: Enterprise Software & Services
Cross-border sellers in Latin American marketplaces are almost non-existent with less than 2% of total sales in Brazilian e-commerce marketplaces (compared to 50% from 2M active sellers in Amazon US). nocnoc has built a solution for global sellers trying to enter Latin America via top marketplaces. It developed a 360° platform that opens Latin America’s e-commerce to global sellers through a seamless solution that takes care of everything: fulfillment, global freight, customs, last-mile logistics, global payouts, customer care, exposure, store management, and localized marketing. nocnoc enables sellers around the world to easily access 15+ marketplaces with 465M consumers per month through one single platform, and the company aims to eventually become the go-to one-stop-shop for international sellers looking to sell into emerging markets.
Entrepreneurs: Ahmed Ashour & Omar Radi
Vertical: Enterprise Software & Services
Founded in 2017, Pylon leverages Machine Learning (ML) and Artificial Intelligence (AI) to build an end-to-end solution to streamline operations for electricity and water distribution companies in emerging markets. Its plug-and-play infrastructure management software seamlessly integrates with 30+ meters and smart grid hardware, eliminating operational inefficiencies including distribution leakages, electricity and water theft, and uncollected bills. Currently operating 1M+ meters, Pylon has grown at a 195% 2018–2021 CAGR. Upon participating in Y-Combinator (S21), the company raised a $19M seed round (combined debt & equity) led by Endure Capital. With a projected 145% 2022–2024 CAGRe. Being an impact-driven company, Pylon aims to be the 1st Gigacorn, by reaching its goal of offsetting 1 Gigaton of CO2 emissions.
Entrepreneurs: Danila De Stefano & Gregorio Maria Diodvich
Unobravo is an online therapy service, founded in Italy in 2019, that aims to solve the widespread problems facing mental health care. Unobravo was created to support Italian expats by providing affordable therapy without language barriers, but it quickly evolved to provide quality online therapy for all, regardless of nationality. Today, the company has become an established service for online therapy in Italy and is poised to become a major player in the European market, with more than 2.3K active psychologists on the platform, more than 60K patients, and its recent launch in the Spanish market. After bootstrapping the company from $0 to $15M net ARR in less than three years, in July 2022, UnoBravo secured a $17M round led by Insight Partners, the VC’s first investment in the Italian ecosystem.