This QuintoAndar company profile covers the company's valuation, revenue, funding rounds, investors and history. QuintoAndar works in real estate technology, with a focus on rentals and home sales. It was founded in 2013 and is headquartered in São Paulo, Brazil. Its latest valuation on record is US$5.1 billion (historical) (August 2021). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.
Revenue
| Metric | Value | As of | Source |
|---|---|---|---|
| Rio de Janeiro investment plan | More than R$100 million in 2026, expanding to 87 new areas | January 2026 | QuintoAndar newsroom |
Funding history
| Date | Round | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Aug 2021 | Series E extension | US$120M | US$5.1B | Greenoaks Capital and Tencent (co-leads) | TechCrunch |
| May 2021 | Series E | US$300M | About US$4B | Ribbit Capital (lead) | TechCrunch |
QuintoAndar timeline
Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.
- 2013 — QuintoAndar is founded in São Paulo by Gabriel Braga (CEO) and André Penha.
- May 2021 — Series E: US$300M, valuing the company at About US$4B. Investors: Ribbit Capital (lead).
- Aug 2021 — Series E extension: US$120M, valuing the company at US$5.1B. Investors: Greenoaks Capital and Tencent (co-leads).
- January 2026 — Rio de Janeiro investment plan: More than R$100 million in 2026, expanding to 87 new areas.
Investors
QuintoAndar is a São Paulo company that has become Latin America's largest housing platform, best known for making it easy to rent an apartment without the guarantor or deposit Brazilian landlords traditionally demand. It was valued at US$5.1 billion in 2021, making it one of Brazil's most valuable startups. This profile explains how QuintoAndar's model works, its funding, its 2026 expansion and what it would take to go public.
QuintoAndar's valuation
QuintoAndar's last disclosed valuation is US$5.1 billion, from a US$120 million extension of its Series E in August 2021 co-led by Greenoaks Capital and Tencent, according to TechCrunch. That followed a US$300 million tranche led by Ribbit Capital in May 2021 at about US$4 billion, so the Series E totalled US$420 million. PitchBook lists no later priced equity round. The 2021 figure is therefore historical; Latin American tech valuations fell after 2021, and a new round or listing would be needed to show where QuintoAndar stands today.
How QuintoAndar's rental model works
Renting in Brazil traditionally required a fiador, a guarantor who owns property, or a large deposit or insurance policy, plus paperwork and visits to estate agents. QuintoAndar replaced that with an online process: tenants find a listing, book a visit through the app, apply and sign digitally. QuintoAndar analyses the tenant's credit and guarantees the rent to the landlord, paying on time even if the tenant is late, and handles maintenance coordination and contract management.
It earns fees from landlords, typically a percentage of monthly rent, and from tenants for some services, plus revenue from home sales, insurance and financial products. Guaranteeing rent means QuintoAndar takes credit risk, so its underwriting and collections are central to the business.
Beyond rentals
QuintoAndar has expanded into buying and selling homes, connecting buyers, sellers and estate agents, and into mortgages and other financial services. It bought Navent, owner of classifieds sites including Imovelweb in Brazil and Inmuebles24 in Mexico, which gave it a large audience of property listings and a presence in other Spanish-speaking markets. In 2026 Imovelweb, part of the QuintoAndar group, hired a senior product director to strengthen its technology team, according to ABC da Comunicação.
2026: Rio expansion and AI search
In January 2026 QuintoAndar said it would invest more than R$100 million in Rio de Janeiro during the year, entering 87 new areas of the metropolitan region and increasing partner agents in the state by 40%, according to its newsroom. In March 2026 Brazilian business press reported that it launched a way to search for properties through ChatGPT, part of a push to use AI in search and customer service.
Founders
Gabriel Braga, the chief executive, and André Penha founded QuintoAndar in 2013. Braga had worked in consulting and studied at Stanford, and the founders' idea came from Braga's own difficulty renting an apartment in São Paulo. The company has its technology hub in São Paulo and has opened a development centre in Lisbon, Portugal.
Investors
QuintoAndar's backers include Ribbit Capital, Greenoaks, Tencent, SoftBank and Kaszek, one of Latin America's leading venture firms. Its 2019 round led by SoftBank made it a unicorn, and the 2021 Series E more than quintupled that value. Alongside equity, it uses debt facilities to fund its rent guarantee, as most rental and lending platforms do.
Competitive landscape
QuintoAndar competes with traditional real estate agencies, classifieds portals such as Grupo OLX's ZAP Imóveis and Viva Real, and other proptech companies such as Loft. Its advantages are scale in rentals, a trusted brand among tenants and a combined platform for renting, buying and financing. See our largest Latin American startups guide, which also covers Kavak and other regional leaders.
Risks
- Credit risk: guaranteeing rent exposes it to tenant defaults, especially in downturns.
- Interest rates: Brazil's high rates make financing costly and affect home sales.
- Regulation and legal disputes: a civil case by Rio prosecutors over fees charged to tenants, pending since 2022, was reported as still open in 2026.
- Dated valuation: the US$5.1 billion mark is from 2021.
Questions to ask
- How many active rental contracts does it manage, and how fast is that growing?
- What are its default and collection rates?
- Is it profitable, and how much of revenue comes from sales and financial services?
- Is it preparing for an IPO, and where would it list?
Timeline in brief
- 2013: founded in São Paulo by Gabriel Braga and André Penha.
- 2019: becomes a unicorn with SoftBank investment.
- May 2021: US$300 million Series E led by Ribbit at about US$4 billion.
- August 2021: US$120 million extension at US$5.1 billion.
- 2022: acquires Navent, owner of Imovelweb.
- January 2026: announces R$100 million-plus Rio expansion.
QuintoAndar at a glance
QuintoAndar is a São Paulo housing platform founded in 2013 by Gabriel Braga and André Penha. It rents homes online with a rent guarantee for landlords and also brokers home sales and offers financial products. It raised a US$420 million Series E in 2021, led by Ribbit Capital with an extension co-led by Greenoaks and Tencent, at a US$5.1 billion valuation, its latest disclosed figure. It owns Imovelweb and is expanding in Rio de Janeiro in 2026.
Why renting is hard in Brazil
Brazil's rental market has long been difficult for tenants. Landlords typically required a guarantor who owns property in the same city, a deposit of several months' rent or an insurance policy, plus documents, notarised signatures and visits to an estate agency. For young people, newcomers to a city and people without family property, that could make renting nearly impossible. QuintoAndar's guarantee replaced those requirements with a credit check and a fee, and its app made viewing and signing simple. That is why it grew so quickly in São Paulo and then across Brazil, and why its brand is strong among renters.
What to watch
Watch for a new funding round or IPO plans, profitability, growth in home sales and financial services, and the outcome of the Rio legal case.
Takeaways
QuintoAndar changed how millions of Brazilians rent homes and built a large platform around it. Its 2021 valuation remains its benchmark until it raises again or lists.
Sources
Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.
Frequently asked questions
What does QuintoAndar do?
QuintoAndar is a real estate technology / rentals and home sales company headquartered in São Paulo, Brazil. It was founded in 2013.
What is QuintoAndar's valuation?
QuintoAndar was valued at US$5.1 billion (historical) as of August 2021, according to TechCrunch. Private company valuations are set at funding rounds or share sales and can change significantly between them.
How much revenue does QuintoAndar make?
QuintoAndar is a private company and has not publicly disclosed its revenue. Figures on third-party sites are usually modelled estimates rather than numbers reported by the company.
What was QuintoAndar's latest funding round?
The most recent financing we have verified is a series e extension in Aug 2021: US$120M, at a valuation of US$5.1B. Source: TechCrunch.
Who are QuintoAndar's investors?
Investors named in public announcements include Ribbit Capital, Greenoaks Capital, Tencent, SoftBank and Kaszek.
Who founded QuintoAndar?
QuintoAndar was founded in 2013 by Gabriel Braga (CEO) and André Penha.
Is QuintoAndar a public company?
No. QuintoAndar is a private company (private, venture backed), so its shares are not traded on a stock exchange and it isn't required to publish its financial results.
Where is QuintoAndar headquartered?
QuintoAndar is headquartered in São Paulo, Brazil.