Online insurance provider Justos raised $35.8m in a SoftBank-led series A round while social game studio GreenPark Sports closed a $31m series B that included Alameda Research.

Funding

Justos, the Brazil-based developer of a digital insurance platform which uses big data to determine charges, has secured $35.8m in a series A round that included telecommunications and internet group SoftBank’s Latin American Fund, TechCrunch reported today. Venture capital firm Ribbit Capital led the round, which also featured Kaszek, BigBets and private investors David Velez and Carlos Garcia Ottati, all four of which had previously taken part in the startup’s $2.8m seed round in May this year.

US-headquartered social…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.