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Deal

Can a 20-year-old Brazilian IT consultancy reinvent itself as the country's leading AI-Centric transformation partner?

Founded2004
HQBrazil
IndustryIT Services / AI Consulting
The story

Deal is a Brazilian IT services / consulting group founded in 2004 that has evolved from a general PME technology consultancy into an AI-Centric consulting firm. Growth has come via bolt-on acquisitions (ManyToOne, BlueDigital, CR2 Studio) rather than external venture funding. Today Deal is positioned as an AI generative consultancy (its euGenIA product) serving enterprises in Brazil, LatAm and the US. It is not itself an embedded-finance provider — one press mention notes Deal invested R$2M in a fintech client, but Deal's own product surface has no banking, lending, or payments functionality.

Last 12 months
2025
2026-04
Product timeline
2004
Deal founded; grows as one of Brazil's fastest-growing SMEs during 2004-2014· founding
2015
Acquisition of ManyToOne (digital startup); creation of Colab P&D· acquisition
2020
Acquired BlueDigital (DevOps) and CR2 Studio (Martech); first GPTW certification; recognized by ISG Provider Lens· acquisition
2021
Launched NID (Innovation Nucleus)· pivot
2025
Recognized by ISG Provider Lens as leader in Generative AI in Brazil· pivot
Acquisitions
BlueDigital2020
DevOps specialist acquired to strengthen cloud-native delivery
CR2 Studio2020
Martech specialist acquired to add marketing technology capabilities
ManyToOne2015
Digital startup acquired to expand Deal's digital delivery capability
The stack
0 layers disclosed in Deal’s embedded-finance stack
Accounting gap: none