Peixe Urbano, Brazil’s largest daily deal site (Groupon is a close second), has closed a “significant growth capital” investment from General Atlantic and Tiger Global Management, the company tells me. The size of the round isn’t being disclosed, but these firms only tend to get involved when at least tens of millions of dollars, and often hundreds of millions, are invested. This was a primary… → Read More
What do you get when you mix Groupon’s business model, a country with 200 million souls, and an ex-Facebook exec? A company that Benchmark Capital will invest in, that’s what.
Brazil’s Peixe Urbano, a Groupon-type startup founded by the former Brazilian country manager for Facebook Julio Vasconcellos, launched in mid 2010 (we first wrote about them in March 2010). By August they had 1 million… → Read More
Over the last few months we’ve seen quite a few international startups that are looking to capitalize on the success of Groupon, the deal-a-day startup that has been getting quite a bit of buzz lately. Europe has already seen many similar sites, and tonight, Brazil is getting its due: Peixe Urbano (which means “Urban Fish” in Portuguese) has just launched to the public, offering daily deals to… → Read More