# Flash funding: rounds and investors

> Flash has raised $206M across 5 rounds since 2019. Investors include Battery Ventures, Endeavor Catalyst and Kevin Efrusy. Every round with its source.

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

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

# Who invested in *Flash*

5 rounds we have observed, with the 14 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.

Consumer Apps Automotive & EVs HR Tech

Raised 3 months ago

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Funding summary Updated 5 Nov 2026

**$206M** raised across 5 rounds since 2019, from 5 sources

**$63M** Series A **$100M** Series C

- **Latest round:** Series D, $29M Aug 2026
- **Led by:** Battery Ventures and Kevin Efrusy
- **Biggest round:** $100M Series C · Mar 2022
- **Step-up i:** 3.5×
- **Investors:** 14 (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.

2019 2020 2021 2022 2023 2024 2025 2026

**$63M** Series A

**$100M** Series C

**$5.8M** Grant

**$8.2M** Seed

**$29M** Series D

- **First round:** Series A, $63M
- **Biggest round:** $100M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Aug 2026** Series D **$29M** *1 new* *2 returning* [Battery Ventures](https://millionrounds.com/fund/battery-ventures) Lead [Kevin Efrusy](https://millionrounds.com/fund/kevin-efrusy) Lead [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Reported by LatamList
- **Aug 2026** Seed **$8.2M** *3 new* [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) Source recorded
- **May 2024** Grant **$5.8M** *3 new* [L Catterton](https://millionrounds.com/fund/l-catterton) [Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) [California Energy Commission](https://millionrounds.com/fund/california-energy) Source recorded
- **Mar 2022** Series C **$100M** *5 new* [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Battery Ventures](https://millionrounds.com/fund/battery-ventures) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Norte Ventures](https://millionrounds.com/fund/norte-ventures-2) Source recorded
- **Jan 2019** Series A **$63M** *2 new* [Signals Venture Capital](https://millionrounds.com/fund/signals-venture-capital) Target Global/ Idinvest Reported by TechCrunch

## 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 A** 2019 **Series C** 2022 **Grant** 2024 **Seed** 2026 **Series D** 2026 [Battery Ventures](https://millionrounds.com/fund/battery-ventures) L [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) [Kevin Efrusy](https://millionrounds.com/fund/kevin-efrusy) L [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [Seed Capital](https://millionrounds.com/fund/seed-capital) [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) [L Catterton](https://millionrounds.com/fund/l-catterton) [Norte Ventures](https://millionrounds.com/fund/norte-ventures-2)

## Everyone who backed them

[Battery Ventures](https://millionrounds.com/fund/battery-ventures) VC firm **2** rounds, led 1

[Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) Corporate VC **2** rounds

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

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round

[Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) VC firm **1** round

[Seed Capital](https://millionrounds.com/fund/seed-capital) VC firm **1** round

[Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund) Corporate VC **1** round

[L Catterton](https://millionrounds.com/fund/l-catterton) Private equity **1** round

[Norte Ventures](https://millionrounds.com/fund/norte-ventures-2) VC firm **1** round

[Vista Equity Partners](https://millionrounds.com/fund/vista-equity-partners) Private equity **1** round

[California Energy Commission](https://millionrounds.com/fund/california-energy) Government **1** round

[Signals Venture Capital](https://millionrounds.com/fund/signals-venture-capital) VC firm **1** round

Target Global/ Idinvest no record of our own yet **1** round

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

## Quick answers about Flash

### Who invested in Flash?

Flash's investors include Battery Ventures, Endeavor Catalyst, Kevin Efrusy, Tiger Global Management and Tengxun Touzi, and 9 more on record. Battery Ventures led its latest round.

### How much has Flash raised?

Flash has raised $206M across 5 rounds since 2019.

### When did Flash last raise?

Flash's most recent round was a Series D of $29M in Aug 2026, led by Battery Ventures.

### What was Flash's biggest round?

Flash's largest round on record is $100M (Series C), in Mar 2022.

### Who backed Flash first?

Flash's first round on record, in Jan 2019, was backed by Signals Venture Capital and Target Global/ Idinvest.

### What stage is Flash at?

Flash's latest named round is a Series D, in Aug 2026.

### Where is Flash based?

Flash is based in Brazil.

### Who led Flash's rounds?

Battery Ventures led the Series D in 2026.

## Companies like Flash

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

[**Lume Robotics** Oct 2026](https://millionrounds.com/company/lume-robotics)[**Caju** $10M · Jul 2026](https://millionrounds.com/company/caju)[**Mova Protocol** $3.0M · Feb 2026](https://millionrounds.com/company/mova-protocol)[**meutudo.** Feb 2026](https://millionrounds.com/company/meutudo)[**Altis** $13M · Dec 2025](https://millionrounds.com/company/altis)[**Klubi** $13M · Dec 2025](https://millionrounds.com/company/klubi)

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