# Rhino funding: rounds and investors

> Rhino has raised $35M across 5 rounds since 2017. Investors include Angelsdeck Global Ventures, Lakestar and FJ Labs. Every round with its source.

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

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

# Who invested in *Rhino*

5 rounds we have observed, with the 10 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.

Automotive & EVs B2C Fintech Insurtech

Raised 12 months ago

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Funding summary Updated 5 Nov 2026

**$35M** raised across 5 rounds since 2017, from 6 sources

**$21M** Series A **$8.1M** Venture

- **Latest round:** Seed, $2.7M Oct 2025
- **Led by:** TMT Investments and Angelsdeck Global Ventures
- **Biggest round:** $21M Series A · Oct 2019
- **Step-up i:** 2.7×
- **Investors:** 10 (5 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 2021 2023 2025

**$1.9M** Seed

**$21M** Series A

**$8.1M** Venture

**$1.0M** Round

**$2.7M** Seed

- **First round:** Seed, $1.9M
- **Biggest round:** $21M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Oct 2025** Seed **$2.7M** *1 new* *1 returning* [TMT Investments](https://millionrounds.com/fund/tmt-investments) Lead [Angelsdeck Global Ventures](https://millionrounds.com/fund/angeldecks) Lead Reported by LatamList and 1 other
- **Jun 2025** Round **$1.0M** *2 new* [Angelsdeck Global Ventures](https://millionrounds.com/fund/angeldecks) Lead [Clapper Venture](https://millionrounds.com/fund/clapper-venture) Lead Reported by LatamList SEC filing: $24M sold, first sale Dec 2024
- **Jan 2022** Venture **$8.1M** *1 new* *3 returning* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Lakestar](https://millionrounds.com/fund/lakestar) [Picus Capital](https://millionrounds.com/fund/picus-capital) Source recorded SEC filing: $8.1M sold, first sale Jan 2022
- **Oct 2019** Series A **$21M** *2 new* [Lakestar](https://millionrounds.com/fund/lakestar) Lead [Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) Lead Reported by TechCrunch SEC filing: $4.3M sold, first sale Oct 2019
- **Sept 2017** Seed **$1.9M** *4 new* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Picus Capital](https://millionrounds.com/fund/picus-capital) Red Dog ff Venture Capital/ Lakehouse Reported by FinSMEs SEC filing: $1.9M sold, first sale May 2017

## 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.

**Seed** 2017 **Series A** 2019 **Venture** 2022 **Round** 2025 **Seed** 2025 [Angelsdeck Global Ventures](https://millionrounds.com/fund/angeldecks) L L [Lakestar](https://millionrounds.com/fund/lakestar) L [FJ Labs](https://millionrounds.com/fund/fj-labs) [Picus Capital](https://millionrounds.com/fund/picus-capital) [TMT Investments](https://millionrounds.com/fund/tmt-investments) L [Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) L [Clapper Venture](https://millionrounds.com/fund/clapper-venture) L [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) ff Venture Capital/ Lakehouse Red Dog

## Everyone who backed them

[Angelsdeck Global Ventures](https://millionrounds.com/fund/angeldecks) Angel network **2** rounds, led 2

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

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **2** rounds

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

[TMT Investments](https://millionrounds.com/fund/tmt-investments) VC firm **1** round, led 1

[Kairos Ventures](https://millionrounds.com/fund/kairos-ventures) VC firm **1** round, led 1

[Clapper Venture](https://millionrounds.com/fund/clapper-venture) VC firm **1** round, led 1

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

ff Venture Capital/ Lakehouse no record of our own yet **1** round

Red Dog 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=rhino).

## Also claim to have backed them

These 2 firms list Rhino 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.

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

[K2 syndicators](https://millionrounds.com/fund/k2-syndicators) Angel network Per its own site

## Quick answers about Rhino

### Who invested in Rhino?

Rhino's investors include Angelsdeck Global Ventures, Lakestar, FJ Labs, Picus Capital and TMT Investments, and 5 more on record. TMT Investments led its latest round.

### How much has Rhino raised?

Rhino has raised $35M across 5 rounds since 2017.

### When did Rhino last raise?

Rhino's most recent round was a Seed of $2.7M in Oct 2025, led by TMT Investments.

### What was Rhino's biggest round?

Rhino's largest round on record is $21M (Series A), in Oct 2019, led by Lakestar.

### Who backed Rhino first?

Rhino's first round on record, in Sept 2017, was backed by FJ Labs, Picus Capital and Red Dog and 1 others.

### What stage is Rhino at?

Rhino's latest named round is a Seed, in Oct 2025.

### Where is Rhino based?

Rhino is based in Brazil.

### Who led Rhino's rounds?

Lakestar led the Series A in 2019; Angelsdeck Global Ventures led the Undisclosed round in 2025; TMT Investments led the Seed in 2025.

## Companies like Rhino

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

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