Warren’s $55.61M Series C Financing

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Warren on the deal. Nelson Mullins acted for Chromo Invest.

Warren has consolidated its position among Brazil’s top financial institutions by announcing a R$ 300 million Series C round.

The round was led by Singapore’s sovereign wealth fund GIC, a long-term global investor with investments in large groups such as Nubank, Sankhya, VR Benefícios and Hotmart.

This funding round also included participation from Ribbit Capital, Kaszek and Chromo Invest – investors since Series A – and from QED Investors, Meli Fund and Quartz – investors since Series B.

Warren launched in 2017 as a broker and asset manager under Brazilian Securities and Exchange Commission (CVM), Brazilian Association of Financial and Capital Market Entities (Anbima) and Brazilian Central Bank regulations, with the belief that investments are an instrument for people to fulfill their short-, medium- and long-term life projects.

The Gunderson deal team was led by Daniel Green (Picture) and included Christel Moreno, Alexander Stillman and Rafael Bellaver.

The Nelson Mullins team included Miami partner Jackson Hwu and New York partner Caio Prado.

Involved fees earner: Rafael Bellaver – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Daniel Green – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Christel Moreno – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Alexander Stillman – Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Jackson Hwu – Nelson Mullins Riley & Scarborough LLP; Caio Prado – Nelson Mullins Riley & Scarborough LLP;

Law Firms: Gunderson Dettmer Stough Villeneuve Franklin & Hachigian; Nelson Mullins Riley & Scarborough LLP;

Clients: Chromo Invest; Warren;

Author: Martina Bellini