QuintoAndar lists another $120m

Aug 23, 2021 • Fernando Moncada Rivera

With backing from Tencent, the online real estate platform has pushed its series E round to $420m.

Brazil-based online real estate platform QuintoAndar has raised $120m in a series E extension co-led by internet company Tencent, according to TechCrunch.

Greenoaks Capital co-led the tranche, which also featured existing, unnamed backers. It valued the company at $5.1bn.

Founded in 2012, QuintoAndar operates an online platform connecting tenants to landlords, last year expanding to also connect buyers and sellers. It aims to evolve into a one-stop shop complete with title insurance, mortgage and escrow services.

The company has been…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.

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