Grana Capital
Automated income tax calculation for stock market investments.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
BRL5.4m | Seed | ||
| Total Funding | 000k | ||
Grana Capital is a Brazilian financial technology company founded in 2019 by André Kelmanson and Diego Figueiredo. The firm is headquartered in Rio de Janeiro and developed a mobile application, Grana, designed to automate the calculation, payment, and declaration of income tax on stock market gains for individual investors.
The company originated within Investtools, a fintech company founded by André Kelmanson, who serves as CEO. Kelmanson has a background in Systems Analysis and previously sold a startup to B2W in 2013. Co-founder Diego Figueiredo, the CCO, has experience in international trade and previously sold a company he founded in China. The creation of Grana Capital was a response to the complexities individual investors face with Brazilian tax regulations on variable income investments. The core calculation engine of the app has been in development since 2011 within Investtools.
Grana Capital's primary service is its application that connects directly to the B3, Brazil's stock exchange, to automatically import transaction data, eliminating the need for users to manually input brokerage notes. The app calculates due taxes, allows payment via PIX, bank slip, or credit card directly within the platform, and generates reports to aid in annual tax filings. The business model operates on a subscription basis, with different pricing tiers, including a free version for basic portfolio tracking and premium plans that unlock full tax automation and advanced features. The company also generates revenue by charging a percentage of the user's monthly income tax due. Beyond tax management, the application offers portfolio monitoring, risk analysis, and an AI-powered assistant that provides market information and investment insights.
The company has received strategic investments from B3, RTM, Darwin Startups, and Ouro Preto Investimentos. As of late 2023, the application had over 180,000 users. The firm's growth strategy includes adding more services like digital asset management and personalized financial product recommendations through machine learning.
Keywords: income tax automation, investment tax, Brazilian stock market, B3, fintech, variable income tax, tax calculation app, portfolio management, stock investors, financial compliance, DARF automation, capital gains tax, AI investment assistant, André Kelmanson, Diego Figueiredo, Investtools, Brazil finance, retail investors, tax declaration