Funding Round attributes
Makasí is a Brazilian fintech founded in 2023 by Caio Bonatto and Lucas Maceno, both with previous experience in the construction sector through the company Tecverde. The startup is dedicated to providing financing solutions for small and medium-sized construction companies, facilitating access to credit for affordable housing projects in Brazil. In May 2025, Makasí raised $21 million in a round of debt financing with undisclosed investors. This funding is in addition to a $19 million corporate bond issue in December 2024, totaling $40 million in debt financing over six months.
The startup plans to invest these funds in the launch of a new line of credit called “MCMV Cash Exposure Credit,” aimed at builders participating in the government's Minha Casa, Minha Vida (MCMV) program. This line of credit seeks to solve the liquidity problems faced by builders in the initial stages of their projects, allowing them to cover initial construction costs and commercial launches without relying on traditional financing, which is often slow and bureaucratic.
"The bureaucracy and slowness of traditional financing present a challenge for developers, who often face high liquidity risks throughout the construction process. We want to mitigate this risk and ensure that the necessary capital is available promptly," said Caio Bonatto, CEO and co-founder of Makasí.
The participation of investors in this round is significant, as it provides Makasí with the resources needed to expand its impact on the affordable housing sector. Although investors have not been revealed, their financial support allows the startup to offer credit solutions more accessible and adapted to the needs of small and medium-sized construction companies, which have traditionally had difficulty accessing financing in Brazil.
Makasí focuses on using technology to simplify and streamline the financing process in the construction sector. Its digital platform automates processes such as risk analysis, resource management, and construction inspection, enabling faster and more efficient credit approval. The startup’s goal is to reduce bureaucracy and credit barriers in the real estate sector, facilitating access to finance for affordable housing projects and helping to reduce the housing deficit in Brazil.
"We want to solve the problem of a sector in which most promoters cannot access credit, even in a market with great demand," said Caio Bonatto, founder of Makasí.
The backing of investors and Makasi's innovative approach have had a significant impact on the startup and the housing market in Brazil. With the funds raised, the company has facilitated the construction of more than 2,800 homes in 19 Brazilian states and plans to make up to 10,000 housing units viable, benefiting approximately 40,000 people. This alternative financing model not only provides more accessible credit solutions for builders but also helps to address the country's housing deficit, which exceeds 5 million units.
