# Azos funding: rounds and investors

> Azos has raised $56M across 2 rounds since 2025. Investors include Kaszek Ventures, Lightrock and MAYA Capital. Every round with its source.

Source: https://millionrounds.com/company/azos (Millionrounds; every figure on the page links to its filing or article)

Brazil · [Series C startup](https://millionrounds.com/companies)

# Who invested in *Azos*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech Insurtech

Raised 8 months ago

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Funding summary Updated 5 Nov 2026

**$56M** raised across 2 rounds since 2025, from 4 sources

**$31M** Series B **$25M** Series C

- **Latest round:** Series C, $25M Mar 2026
- **Led by:** Kaszek Ventures
- **Biggest round:** $31M Series B · Feb 2025
- **Investors:** 7 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026

**$31M** Series B

**$25M** Series C

- **First round:** Series B, $31M
- **Biggest round:** $31M
- **Between rounds:** 13 months

## The rounds

- **Mar 2026** Series C **$25M** *2 new* *3 returning* [Kaszek Ventures](https://millionrounds.com/fund/kaszek) Lead [Lightrock](https://millionrounds.com/fund/lightrock) [MAYA Capital](https://millionrounds.com/fund/maya-capital) [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) [Kevin Efrusy](https://millionrounds.com/fund/kevin-efrusy) Reported by LatamList and 2 others
- **Feb 2025** Series B **$31M** *5 new* [Lightrock](https://millionrounds.com/fund/lightrock) Lead [Kaszek Ventures](https://millionrounds.com/fund/kaszek) [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) [MAYA Capital](https://millionrounds.com/fund/maya-capital) [Propel Capital](https://millionrounds.com/fund/propel-2) Reported by LatamList

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series B** 2025 **Series C** 2026 [Kaszek Ventures](https://millionrounds.com/fund/kaszek) L [Lightrock](https://millionrounds.com/fund/lightrock) L [MAYA Capital](https://millionrounds.com/fund/maya-capital) [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) [Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) [Propel Capital](https://millionrounds.com/fund/propel-2) [Kevin Efrusy](https://millionrounds.com/fund/kevin-efrusy)

## Everyone who backed them

[Kaszek Ventures](https://millionrounds.com/fund/kaszek) VC firm **2** rounds, led 1

[Lightrock](https://millionrounds.com/fund/lightrock) VC firm **2** rounds, led 1

[MAYA Capital](https://millionrounds.com/fund/maya-capital) VC firm **2** rounds

[Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) VC firm **1** round

[Munich Re Ventures](https://millionrounds.com/fund/munich-re-ventures) Corporate VC **1** round

[Propel Capital](https://millionrounds.com/fund/propel-2) VC firm **1** round

[Kevin Efrusy](https://millionrounds.com/fund/kevin-efrusy) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=azos).

## Also claim to have backed them

These 4 firms list Azos as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Propel Venture Partners](https://millionrounds.com/fund/propel-venture-partners) VC firm Per its own site

[Alter Global](https://millionrounds.com/fund/alter-global) VC firm Per its own site

[4equity - Media Ventures](https://millionrounds.com/fund/4-equity-media-ventures) VC firm Per its own site

[Tbv](https://millionrounds.com/fund/tbv) VC firm Per its own site

## Quick answers about Azos

### Who invested in Azos?

Azos's investors include Kaszek Ventures, Lightrock, MAYA Capital, Prosus Ventures and Munich Re Ventures, and 2 more on record. Kaszek Ventures led its latest round.

### How much has Azos raised?

Azos has raised $56M across 2 rounds since 2025.

### When did Azos last raise?

Azos's most recent round was a Series C of $25M in Mar 2026, led by Kaszek Ventures.

### What was Azos's biggest round?

Azos's largest round on record is $31M (Series B), in Feb 2025, led by Lightrock.

### Who backed Azos first?

Azos's first round on record, in Feb 2025, was backed by Lightrock, Kaszek Ventures and Prosus Ventures and 2 others.

### What stage is Azos at?

Azos's latest named round is a Series C, in Mar 2026.

### Where is Azos based?

Azos is based in Brazil.

### Who led Azos's rounds?

Lightrock led the Series B in 2025; Kaszek Ventures led the Series C in 2026.

## Companies like Azos

In the same sector, and raised in the last eighteen months.

[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)[**Agibank** $920M · Oct 2026](https://millionrounds.com/company/agibank)[**Asaas** $231M · Oct 2026](https://millionrounds.com/company/asaas)[**Stay** $8.3M · Oct 2026](https://millionrounds.com/company/stay)[**NG.CASH** $42M · Sept 2026](https://millionrounds.com/company/ng-cash)

## Find investors like these

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