Meli Fund and
Quartz. The company’s Series C has been finalized in less than a year after it acquired BRL 120 million in capital in a previous round in July 2020.
GIC will be taking a seat on Warren’s board as part of the investment deal. Established in 2017, the company acts as a broker and fund manager with BRL 6 billion in AUM and around 200,000 clients (representing a 1,000% growth in new customers since April 2020, when Warren was managing BRL 600 million in assets). This, according to statements (shared with LABS) from
Tito Gusmão, the firm’s Chief Executive.
The company’s aim now is to double the amount of assets and serve 300.000 clients by the end of this year.