VEF invests in Gringo

VEF announces its investment of USD 12 million in Gringo, the “super app” for drivers in Brazil. The Series B round of USD 34 million was led by VEF together with trusted partner Piton Capital, with the participation of existing investors Kaszek, GFC and OneVC.

Gringo, founded in 2020, is building a “super app” for drivers in Brazil with the ambition of becoming their best friend. Ownership of vehicles in Brazil is a complex journey in which owners must tackle the shortcomings caused by analogue processes, massive paperwork and broken inherited systems. Find out more: