Engelink Technologia LTDA

Engelink Technologia LTDA is a Brazilian marketplace specializing in real estate services, focusing on condominium management and construction supply. The company connects service providers with condominium managers, optimizing procurement and operations for the real estate sector. Engelink was founded in 2016 in Rio de Janeiro, Brazil, by Pedro Prates, Ricardo De Castro, and Tharso Abreu. The company provides a platform catering to over 15,000 condominium managers and has completed one significant deal as of July 23, 2020.

Ricardo De Castro currently serves as the CEO, guiding the company's growth in the real estate market. Engelink operates as a comprehensive marketplace for the real estate sector, focusing on condominium management and construction supply. It offers services such as material supply with rapid delivery to job sites, connections between service providers and condominium managers, and solutions for managing financial challenges like reducing delinquency rates. The platform also innovates with technologies like 3-D printing for waste management, serving a client base primarily within Brazil.

Engelink generates revenue through a transactional model that includes service fees from contractors and providers and potential subscription-based services for condominium managers. The B2B structure facilitates partnerships between service providers and condominium clients, enhancing project completion rates and associated service fees. The company may also offer financial products like credit solutions for condominiums, contributing to its revenue through related fees. In July 2020, Engelink Technologia LTDA raised an undisclosed amount of venture funding from new investors Acrux Capital and Nexaas Technology.

The company plans to leverage this funding to enhance its product offerings and potentially expand its services into new geographic markets within Brazil, aiming to increase its reach among condominium managers and service providers.