Like the entire market and society, startups also suffered the economic impacts caused by social isolation, the stoppage of certain sectors and the sudden need to adapt to remote work. According to a study carried out by the IDB , 25% of startups in Brazil USA Phone Number List severely affected in the toughest periods of the pandemic. These are companies in the most impacted sectors, such as tourism and events. However, another 25% of startups took the opposite path, taking advantage of the moment to grow like never before. In these cases, organizations that offer solutions for growing demands in the period stood out, such as communication and e-commerce services . And the remaining 50%? Also according to the IDB survey, half of national startups were negatively impacted, but in a less severe way than in most of the more traditional sectors of the market and with a much faster recovery in growth.
For these companies, the reality of 2020 was one of freezing investments, reducing the pace of growth and expansion and, of course, evaluating scenarios. However, when compared to the scenario of traditional companies and the Brazilian market in general, which had more than 500 thousand companies closed in the first half of last year alone, the universe of startups proved to be more resilient, capable of registering record numbers . 2020 of Startups in Brazil: Millionaire Contributions, Historic IPOs and Unicorns Even with the difficulties faced by most companies, the rapid movement of the Brazilian market ended up resulting in an increase in investments, especially in startups. Until November 2020, R$14.6 billion had been invested in the sector, representing a growth of 24.2% compared to the same period in 2019, which registered R$11.8 billion, according to a survey by the Distrito platform . Operations, mergers and acquisitions of startups in the period also demonstrate this strong growth.