Canary

Canary, based in Sao Paulo, Brazil, is a venture capital firm that invests in early-stage technology startups, primarily in the software sector. It focuses on partnering with the most promising founders in Latin America, providing them with funding, strategic insights, connections, and talent support. Canary typically invests between $180,000 to $300,000 in around 21 startups per fund, aiming to be the first institutional investor for companies that have the potential to shape the region's economy and beyond.

Izabel Gallera

Partner

Mate Pencz

Investment Partner

Past deals in Marketplace

Capim

Series A in 2025
Capim is a Brazilian fintech company specializing in "Buy Now, Pay Later" (BNPL) solutions tailored for the dental sector. The company's platform provides essential digital tools that assist dental clinics in managing their operations while enhancing patient access to treatments. By offering point-of-sale BNPL options, Capim enables patients to finance their dental care without relying on traditional credit card installment payments. Additionally, the platform facilitates the creation, sending, and management of invoices, allowing dental professionals to streamline their financial processes and improve patient retention. Through strategic partnerships with clinics and offices, Capim supports dentists in delivering risk-free treatment financing, ultimately benefiting both practitioners and patients.

Cayena

Series B in 2024
Cayena operates a B2B marketplace tailored for the wholesale food industry in Latin America, valued at over $200 billion. The platform connects restaurants, grocery stores, and other food outlets with multiple suppliers, facilitating inventory procurement with next-day delivery. By leveraging its software, Cayena empowers small restaurants and commercial kitchens to enhance profitability and streamline operations through direct procurement of essential food items. The company also offers a comprehensive suite of add-on services, enabling suppliers to experience increased demand without assuming credit risk. This innovative approach benefits both suppliers and food service establishments, fostering a more efficient supply chain in the food industry.

SuaQuadra

Seed Round in 2023
SuaQuadra is a commercial real estate marketplace designed to connect businesses with suitable properties and tenants. The platform offers customized real estate solutions, helping businesses find the right opportunities while facilitating access to accredited partners for property renewal, licensing, and maintenance services. By streamlining these processes, SuaQuadra enables businesses to efficiently secure tenants and reduce operational costs. The company is backed by notable investors, including Kaszek, Canary, ONEVC, and the Horn family, highlighting its strong position in the commercial real estate sector.

Comparaencasa

Seed Round in 2023
Comparaencasa is a digital comparison platform based in São Paulo, Brazil, established in 2009. The company specializes in facilitating the comparison of financial products and services, particularly insurance and loans, allowing consumers to make informed decisions while saving time and money. Utilizing advanced artificial intelligence and robotic process automation, Comparaencasa connects users with leading insurance carriers, enhancing transparency and efficiency in the acquisition of insurance products. The platform primarily focuses on car insurance and operates across several Latin American countries, including Brazil, Mexico, Argentina, Chile, and Colombia, aiming to democratize access to insurance in emerging markets. By providing a streamlined and user-friendly interface, Comparaencasa empowers consumers to quickly identify the best available options tailored to their needs.

Mercanto (previously Miferia)

Seed Round in 2022
Mercanto (previously "Miferia") is an online Mexican wholesale marketplace.

Matchday

Seed Round in 2022
Matchday is a gaming platform tailored for football enthusiasts, enabling users to collect and trade digital cards within a marketplace. The platform merges video games, sports, and Web3 technology to create an engaging ecosystem for casual football games. Users have genuine ownership of the cards and digital items they acquire, allowing them to build their dream teams and enjoy seamless gameplay.

Carbonext

Corporate Round in 2022
Carbonext is a ClimateTech company focused on Nature-based Solutions (NbS), primarily concentrating on generating conservation carbon credits in the Amazon. It operates in the voluntary carbon market, facilitating transactions between landowners who supply carbon credits and companies or individuals who seek to purchase them to offset their carbon footprints. By issuing carbon credits that correspond to one tonne of carbon dioxide emissions, Carbonext helps organizations calculate and manage their carbon emissions. This enables businesses and individuals to progress toward net-zero emissions, contributing to the global effort to combat climate change and achieve carbon neutrality.

SuaQuadra

Seed Round in 2022
SuaQuadra is a commercial real estate marketplace designed to connect businesses with suitable properties and tenants. The platform offers customized real estate solutions, helping businesses find the right opportunities while facilitating access to accredited partners for property renewal, licensing, and maintenance services. By streamlining these processes, SuaQuadra enables businesses to efficiently secure tenants and reduce operational costs. The company is backed by notable investors, including Kaszek, Canary, ONEVC, and the Horn family, highlighting its strong position in the commercial real estate sector.

Blur

Seed Round in 2022
Blur aims to solve these problems and move the NFT space toward becoming institutional-grade while increasing decentralization.

SAKS

Seed Round in 2022
Saks is assisting in the transformation of the way people save money. It provides accumulation plans and investment options in a model that incorporates recurrence, diversification, and tax advantages. They also serve as a marketplace for life and pension brokers.

Saúde Bliss

Seed Round in 2022
Saúde Bliss is an online health insurance comparison platform designed to assist individuals and families in finding suitable and affordable coverage plans. The platform evaluates the unique needs of its users, enabling them to access healthcare options that align with their requirements. By simplifying the process of comparing health insurance plans, Saúde Bliss aims to make healthcare more accessible and manageable for its users.

Sooper

Seed Round in 2022
Sooper operates a managed B2B marketplace that connects hardware and building materials retailers with suppliers and manufacturers. By offering a comprehensive portfolio of over 15,000 construction products, Sooper aims to simplify the purchasing process for retailers. The platform facilitates next-day delivery and provides financial solutions, addressing the needs of a fragmented and inefficient construction market in Brazil, valued at approximately $40 billion. Through partnerships with various brands, factories, and distributors, Sooper enhances the accessibility of quality products, ultimately improving the buying experience for customers.

Cross Commerce

Seed Round in 2021
Cross Commerce Store is a Brazilian cross-border e-commerce company that facilitates global sales for local entrepreneurs. The firm offers a platform that connects international sellers with Brazilian marketplaces, such as Americanas.com and Mercado Livre. By addressing the complexities of cross-border transactions, the company streamlines processes like registration, product uploads, and logistics for sellers. With a team of seasoned professionals from major marketplaces and logistics firms, Cross Commerce Store aims to simplify and enhance the cross-border sales experience, enabling businesses to expand their reach into international markets efficiently.

Clubbi

Seed Round in 2021
Clubbi operates a B2B marketplace designed specifically for small merchants, such as mini-markets and corner stores. The platform digitizes the procurement process, allowing these retailers to efficiently source a variety of daily consumption products at competitive prices. Clubbi facilitates transactions between merchants and their suppliers, enhancing operational efficiency and supporting the growth of independent retailers. By streamlining communication and logistics for distributors and brands, Clubbi aims to maximize sales within the fragmented fast-moving consumer goods (FMCG) market, ultimately increasing the overall value for the industry. Orders placed through the marketplace are shipped within a day, providing timely access to essential products.

Zax

Series A in 2021
ZAX operates an online marketplace focused on product discovery and sales across multiple categories, including apparel, footwear, beauty products, accessories, home products, and cosmetics. By connecting bulk buyers and sellers, ZAX provides a comprehensive platform that facilitates various services such as marketing, trust building, payment processing, credit solutions, and logistics. This approach enables suppliers and resellers throughout Latin America to efficiently buy and resell products, enhancing their operational capabilities and market reach.

Melvi

Seed Round in 2021
Melvi is a health marketplace based in São Paulo, Brazil, that connects patients with clinics for easy access to same-day appointments at affordable prices. Founded in 2021 by Mariana Paixão, Marcela Sobrinho, and Nino Vashakidze, the platform serves as a reliable resource for patients seeking consultations tailored to their needs. It also acts as a partner for clinics by driving a steady flow of new patients, thereby enhancing their occupancy rates. Melvi offers a comprehensive range of healthcare services, including online and in-person consultations across various specialties such as psychiatry, psychology, and nutrition. The platform features a network of qualified doctors and provides options for discounted examinations and online payment, streamlining the healthcare experience for both patients and providers.

Cayena

Series A in 2021
Cayena operates a B2B marketplace tailored for the wholesale food industry in Latin America, valued at over $200 billion. The platform connects restaurants, grocery stores, and other food outlets with multiple suppliers, facilitating inventory procurement with next-day delivery. By leveraging its software, Cayena empowers small restaurants and commercial kitchens to enhance profitability and streamline operations through direct procurement of essential food items. The company also offers a comprehensive suite of add-on services, enabling suppliers to experience increased demand without assuming credit risk. This innovative approach benefits both suppliers and food service establishments, fostering a more efficient supply chain in the food industry.

Capim

Seed Round in 2021
Capim is a Brazilian fintech company specializing in "Buy Now, Pay Later" (BNPL) solutions tailored for the dental sector. The company's platform provides essential digital tools that assist dental clinics in managing their operations while enhancing patient access to treatments. By offering point-of-sale BNPL options, Capim enables patients to finance their dental care without relying on traditional credit card installment payments. Additionally, the platform facilitates the creation, sending, and management of invoices, allowing dental professionals to streamline their financial processes and improve patient retention. Through strategic partnerships with clinics and offices, Capim supports dentists in delivering risk-free treatment financing, ultimately benefiting both practitioners and patients.

Buser

Series C in 2021
Buser is a bus charter marketplace based in São Paulo, Brazil, established in November 2016. The platform facilitates low-cost group travel by connecting individuals traveling to the same destination, allowing them to collectively charter a bus instead of purchasing individual tickets from traditional bus companies. This innovative approach not only reduces travel costs for users but also promotes sustainable mobility options in Brazil. The service is designed to provide safe, quality, and equitable transportation solutions, making it a distinctive choice for travelers. Buser's mobile application is available on both iOS and Android, enhancing accessibility for users seeking affordable and collaborative travel experiences.

Sooper

Seed Round in 2021
Sooper operates a managed B2B marketplace that connects hardware and building materials retailers with suppliers and manufacturers. By offering a comprehensive portfolio of over 15,000 construction products, Sooper aims to simplify the purchasing process for retailers. The platform facilitates next-day delivery and provides financial solutions, addressing the needs of a fragmented and inefficient construction market in Brazil, valued at approximately $40 billion. Through partnerships with various brands, factories, and distributors, Sooper enhances the accessibility of quality products, ultimately improving the buying experience for customers.

Clubbi

Pre Seed Round in 2020
Clubbi operates a B2B marketplace designed specifically for small merchants, such as mini-markets and corner stores. The platform digitizes the procurement process, allowing these retailers to efficiently source a variety of daily consumption products at competitive prices. Clubbi facilitates transactions between merchants and their suppliers, enhancing operational efficiency and supporting the growth of independent retailers. By streamlining communication and logistics for distributors and brands, Clubbi aims to maximize sales within the fragmented fast-moving consumer goods (FMCG) market, ultimately increasing the overall value for the industry. Orders placed through the marketplace are shipped within a day, providing timely access to essential products.

Clarke Energia

Seed Round in 2020
Clarke Energia operates a renewable energy marketplace that connects businesses with non-monopolistic energy suppliers, allowing them to purchase energy at competitive prices and improved terms. The platform not only facilitates transactions but also helps clients identify inefficiencies in their energy usage. Users can access comprehensive reports on their energy consumption, enabling informed decisions to optimize costs. Additionally, the platform allows clients to track their savings in both financial terms and carbon dioxide emissions, promoting transparency and sustainability in energy management.

Boomerang

Seed Round in 2020
Boomerang Tecnologia LTDA is an online marketplace based in São Paulo, Brazil, specializing in the rental of consumer goods. Founded in 2020, the company offers a range of products, including vacuum cleaners, washers, hammer drills, and upholstery cleaners. By providing access to these items through a rental model, Boomerang aims to meet consumer needs while promoting a more sustainable approach to ownership.

Zax

Pre Seed Round in 2020
ZAX operates an online marketplace focused on product discovery and sales across multiple categories, including apparel, footwear, beauty products, accessories, home products, and cosmetics. By connecting bulk buyers and sellers, ZAX provides a comprehensive platform that facilitates various services such as marketing, trust building, payment processing, credit solutions, and logistics. This approach enables suppliers and resellers throughout Latin America to efficiently buy and resell products, enhancing their operational capabilities and market reach.

Facily

Series A in 2020
Facily is a social commerce marketplace operating in Latin America, designed to cater to low-ticket items and provide competitive prices alongside efficient logistics for lower-income neighborhoods. The platform emphasizes community engagement by facilitating group buying, allowing users to purchase products collectively while enjoying interactive experiences such as games and quizzes. By harnessing local leaders and influencers, Facily enhances its appeal and promotes a sense of community among buyers. Users can also earn rewards by inviting friends, making the shopping experience not only economical but also enjoyable and socially engaging.

Cayena

Seed Round in 2019
Cayena operates a B2B marketplace tailored for the wholesale food industry in Latin America, valued at over $200 billion. The platform connects restaurants, grocery stores, and other food outlets with multiple suppliers, facilitating inventory procurement with next-day delivery. By leveraging its software, Cayena empowers small restaurants and commercial kitchens to enhance profitability and streamline operations through direct procurement of essential food items. The company also offers a comprehensive suite of add-on services, enabling suppliers to experience increased demand without assuming credit risk. This innovative approach benefits both suppliers and food service establishments, fostering a more efficient supply chain in the food industry.

Mediação Online

Series A in 2019
Mediação Online (MOL), established in 2015, is Brazil's first online platform for legal mediation. It specializes in resolving conflicts efficiently through technology, aiming to reduce Brazil's high litigation rate. MOL connects parties in dispute with legal counsels, facilitating binding agreements without the need for traditional legal contractors. The platform serves individuals and businesses across various sectors, including finance, retail, insurance, and real estate.

Volanty

Series B in 2019
Volanty is a digital marketplace based in Rio de Janeiro that specializes in the buying and selling of pre-owned cars in Brazil. Established in 2017, the platform streamlines the sales process for sellers by handling inspections, photography, and negotiations, thereby minimizing bureaucratic hurdles. For buyers, Volanty ensures a safe and transparent purchasing experience by offering only high-quality vehicles and comprehensive information about each car and its seller. By leveraging technology to connect buyers and sellers directly, Volanty eliminates intermediaries such as dealerships, enhancing the overall value of transactions. The marketplace aims to transform the experience of buying and selling used cars, making it more efficient and user-friendly.

Facily

Seed Round in 2019
Facily is a social commerce marketplace operating in Latin America, designed to cater to low-ticket items and provide competitive prices alongside efficient logistics for lower-income neighborhoods. The platform emphasizes community engagement by facilitating group buying, allowing users to purchase products collectively while enjoying interactive experiences such as games and quizzes. By harnessing local leaders and influencers, Facily enhances its appeal and promotes a sense of community among buyers. Users can also earn rewards by inviting friends, making the shopping experience not only economical but also enjoyable and socially engaging.

Loft

Series B in 2019
Loft is a residential real estate transactional marketplace based in São Paulo, Brazil, founded in 2018 by experienced entrepreneurs. As Brazil's first platform of its kind, Loft facilitates the buying and selling of properties for individuals, brokers, and publicly listed REITs managed by the company. The platform offers a searchable database that allows users to find, browse, and evaluate properties based on customer feedback and reviews. By utilizing proprietary transaction data and an end-to-end digital workflow, Loft modernizes the homebuying experience in Brazil, integrating various adjacent services to enhance the overall process for buyers and sellers.

Buser

Series A in 2018
Buser is a bus charter marketplace based in São Paulo, Brazil, established in November 2016. The platform facilitates low-cost group travel by connecting individuals traveling to the same destination, allowing them to collectively charter a bus instead of purchasing individual tickets from traditional bus companies. This innovative approach not only reduces travel costs for users but also promotes sustainable mobility options in Brazil. The service is designed to provide safe, quality, and equitable transportation solutions, making it a distinctive choice for travelers. Buser's mobile application is available on both iOS and Android, enhancing accessibility for users seeking affordable and collaborative travel experiences.

Pleni

Seed Round in 2018
Pleni operates a marketplace that links distributors of bottled mineral water with consumers and businesses through a user-friendly application. The platform allows users to order mineral water in various quantities, facilitating easy selection of products that meet individual preferences and needs. By streamlining the delivery process, Pleni aims to enhance access to quality mineral water for both residential and commercial customers.

GoGood

Seed Round in 2018
GoGood is a corporate wellness marketplace that focuses on enhancing employee well-being through a variety of health-related services. The platform provides access to gyms, psychologists, nutritionists, and fitness classes, offering discounts of up to 70% on these services. By promoting healthy habits and providing personalized coaching, GoGood aims to help employees improve their overall health, which can lead to increased productivity and cost savings for employers. The company’s comprehensive approach to wellness management supports organizations in fostering a healthier workforce.

Volanty

Series A in 2018
Volanty is a digital marketplace based in Rio de Janeiro that specializes in the buying and selling of pre-owned cars in Brazil. Established in 2017, the platform streamlines the sales process for sellers by handling inspections, photography, and negotiations, thereby minimizing bureaucratic hurdles. For buyers, Volanty ensures a safe and transparent purchasing experience by offering only high-quality vehicles and comprehensive information about each car and its seller. By leveraging technology to connect buyers and sellers directly, Volanty eliminates intermediaries such as dealerships, enhancing the overall value of transactions. The marketplace aims to transform the experience of buying and selling used cars, making it more efficient and user-friendly.

Grão Direto

Seed Round in 2018
Grão Direto LTDA operates a digital trading platform that facilitates the buying and selling of grains, connecting farmers and grain buyers in a more efficient manner. Founded in 2016 and based in Uberaba, Brazil, the platform enables users to negotiate and finalize deals for spot, future, or barter trades. It enhances market intelligence, allowing producers and buyers to make informed decisions regarding pricing and grain selection. Additionally, Grão Direto supports various processes related to grain trading, including logistics, contract management, and financial products. The platform is accessible via both a web interface and a smartphone application, catering to a diverse range of users, including cooperatives, trading companies, traditional brokers, and warehouses. By integrating technology into grain commercialization, Grão Direto aims to modernize the agricultural commodity chain in Brazil and beyond.

Buser

Seed Round in 2018
Buser is a bus charter marketplace based in São Paulo, Brazil, established in November 2016. The platform facilitates low-cost group travel by connecting individuals traveling to the same destination, allowing them to collectively charter a bus instead of purchasing individual tickets from traditional bus companies. This innovative approach not only reduces travel costs for users but also promotes sustainable mobility options in Brazil. The service is designed to provide safe, quality, and equitable transportation solutions, making it a distinctive choice for travelers. Buser's mobile application is available on both iOS and Android, enhancing accessibility for users seeking affordable and collaborative travel experiences.

Mediação Online

Seed Round in 2017
Mediação Online (MOL), established in 2015, is Brazil's first online platform for legal mediation. It specializes in resolving conflicts efficiently through technology, aiming to reduce Brazil's high litigation rate. MOL connects parties in dispute with legal counsels, facilitating binding agreements without the need for traditional legal contractors. The platform serves individuals and businesses across various sectors, including finance, retail, insurance, and real estate.

TerraMagna

Seed Round in 2017
TerraMagna is a digital lender based in Brazil, specializing in the agricultural sector of Latin America. The company offers a range of financial products tailored to meet the specific needs of farmers and agricultural businesses. These products include personal loans, CFB lending, embedded buy now pay later (BNPL) options for agricultural inputs, and crop-collateralized financing, all accessible through a user-friendly web interface. By addressing the unique challenges and opportunities within agriculture, TerraMagna aims to enhance the resilience of the agricultural value chain and promote sustainable food security.

Mirandas

Seed Round in 2017
Mirandas is a direct selling and buying club in Brazil that transforms the traditional direct sales model by integrating an online marketplace approach. The company curates a diverse range of high-quality products from various brands, focusing on utility, design, and innovation. This unique selection process ensures that customers encounter a distinct shopping experience akin to a mall, featuring multiple stores within a single platform. Mirandas specializes in direct sales management, facilitating connections between buyers, sellers, and producers. By offering a marketing platform, it provides opportunities for companies to access the direct sales channel, allowing sales representatives to generate additional income and enabling clients to diversify their sales channels effectively. This collaborative business model fosters a partnership environment where all participants benefit.
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