Gringo raises $12.4M in Series C extension

Gringo, a Brazilian app that simplifies bureaucratic processes for drivers by helping manage and pay fines, taxes, and renew licenses, raised $12.4M in a Series C extension led by Moore Capital. This new investment follows last year’s $29M round led by Valor Capital, Kaszek, ONEVC, and VEF.

The funds will help Gringo expand nationwide in Brazil and introduce new services, including a car buying and selling service that is set to launch by the end of the year.

Founded in São Paulo by Rodrigo Colmonero, Juliano Dutra, and Caique Carvalho, Gringo  helps users manage and pay fines, vehicle taxes, and renew licenses. It also allows users to check their driving records and access services like insurance and vehicle-backed loans. Push notifications and emails keep drivers updated on legal obligations and make managing driving-related paperwork easier.

Gringo currently serves over 60M users across 11 states and aims to reach all of Brazil by the end of 2025 and also expand its solutions for drivers with services such as paying for toll fees and refueling.

For more information, visit Tekios.