Vox Capital

Vox Capital is an independent venture capital firm based in São Paulo, Brazil, founded in 2009. The firm specializes in investing in innovative businesses that aim to deliver positive social impact to the low-income population in Brazil, often referred to as the "bottom of the pyramid." Vox Capital focuses on sectors such as health, education, housing, financial services, and technology, providing financial and managerial support to startups with high growth potential. The firm is dedicated to fostering solutions that enhance the quality of life for underserved communities while also achieving attractive financial returns.

Daniel Izzo

Co-Founder & Chief Executive Officer

Kelly Michel

Partner & Co-Founder

de Moraes Neto, Antonio Ermírio

Partner & Co-Founder

Gilberto Ribeiro de Oliveira Filho

Partner & Chief Investment Officer

16 past transactions

ISA Saúde

Series A in 2022
ISA lab is to deliver the best solution for health and offers a humanized service. ISA is an online platform where one can select the process like examination, test, or vaccine. Then schedule and make payment online, receive ISA wherever one wants. Finally, they offer a facility to check the result online and rate their service.

Sanar

Debt Financing in 2022
Editora Sanar LTDA is a Brazilian publishing company based in Salvador that specializes in educational materials tailored for healthcare professionals. Established in 2014, the company focuses on creating customized online training and competitive preparatory courses for residency and civil service exams in medicine, nursing, and various other health fields. Sanar employs a team of over 100 professors from prestigious universities across Brazil, ensuring that their publications are academically rigorous and aligned with the goals of health students. The company emphasizes the importance of personalized teaching materials and maintains open communication channels with its customers to enhance product delivery and service quality. This commitment to customization and customer engagement is fundamental to Sanar's mission of supporting students in achieving their professional and academic objectives.

Nude

Series A in 2022
Nude is a food tech that develops its food using oats from small producers. Hey Nude is committed to the UN Sustainable Development Goals and targets, is 100% plant-based, and is led by women. It innovates by focusing on flavor and nature.

Vitalk

Series A in 2021
Developer of an online chatbot designed to improve patient access to knowledge and monitoring of health risks. The company's chatbot is a virtual assistant that is designed to chat with users about issues such as depression, stress, anxiety, and sleeping on Facebook Messenger, Whatsapp, web channels, SMS, and Android and iOS apps, enabling users to monitor and improve their mental health.

Celcoin

Venture Round in 2021
Celcoin is a digital payments application that transforms smartphones into tools for reselling mobile phone recharges and facilitating various payment services. Users can offer a range of services, including mobile phone recharges, bill payments for utilities such as water and electricity, and credit purchases for games and digital content. The platform is designed to be user-friendly, requiring no bureaucracy or monthly fees, and does not necessitate additional hardware like POS machines. This accessibility has attracted a diverse user base, including freelancers, small retailers, and micro-entrepreneurs, all of whom benefit from increased customer traffic in their stores. By simplifying payment processes and offering a broad array of services, Celcoin enhances the customer experience and supports business growth.

Wecancer

Seed Round in 2020
Wecancer Ltda. is a Brazilian company that specializes in developing a self-tracking and monitoring platform for cancer patients. Founded in 2015 and based in Rio de Janeiro, the platform enables users to input and monitor their health data, which can be utilized by healthcare professionals to enhance patient care. The application supports remote monitoring of a patient's clinical status and disease progression, ultimately improving the quality of life for individuals with cancer. By facilitating customized care, alerts, and a chat center, the platform aims to engage patients in their treatment while helping healthcare providers minimize unnecessary hospitalizations and reduce overall treatment costs.

Grão

Seed Round in 2020
Grão is born to change the relationship of Brazilians with their money.

Virtus Pay

Series A in 2019
Virtus Pay connects credit card limits available with you, to offer you an installment of your ticket purchases and to help you achieve your goals.

Celcoin

Seed Round in 2019
Celcoin is a digital payments application that transforms smartphones into tools for reselling mobile phone recharges and facilitating various payment services. Users can offer a range of services, including mobile phone recharges, bill payments for utilities such as water and electricity, and credit purchases for games and digital content. The platform is designed to be user-friendly, requiring no bureaucracy or monthly fees, and does not necessitate additional hardware like POS machines. This accessibility has attracted a diverse user base, including freelancers, small retailers, and micro-entrepreneurs, all of whom benefit from increased customer traffic in their stores. By simplifying payment processes and offering a broad array of services, Celcoin enhances the customer experience and supports business growth.

Sanar

Series A in 2018
Editora Sanar LTDA is a Brazilian publishing company based in Salvador that specializes in educational materials tailored for healthcare professionals. Established in 2014, the company focuses on creating customized online training and competitive preparatory courses for residency and civil service exams in medicine, nursing, and various other health fields. Sanar employs a team of over 100 professors from prestigious universities across Brazil, ensuring that their publications are academically rigorous and aligned with the goals of health students. The company emphasizes the importance of personalized teaching materials and maintains open communication channels with its customers to enhance product delivery and service quality. This commitment to customization and customer engagement is fundamental to Sanar's mission of supporting students in achieving their professional and academic objectives.

Avante

Series C in 2017
Avante provides financial solutions for the micro-entrepreneur’s needs in Brazil. It offers microcredit, credit card payment acceptance, and digital banking services through its agents. Avante offers its services through its agents. Bernardo Bonjean and Davi Viana founded it in 2012, with its headquarters in São Paulo in Brazil.

ProRadis

Series A in 2015
ProRadis is a São Paulo-based company that develops management software for diagnostic laboratories, aiming to transform the health sector by effectively connecting supply and demand. Founded in 2012, ProRadis offers a range of innovative solutions, including SmartRis, a comprehensive clinical and laboratory management software, Image2Doc, an online platform for publishing medical exam results, and the I2D Application, a specialized app for radiology clinics to engage with their clients. Through these technologies, ProRadis seeks to create value for patients, clinics, and laboratories, thereby enhancing the efficiency of healthcare services.

Avante

Series A in 2014
Avante provides financial solutions for the micro-entrepreneur’s needs in Brazil. It offers microcredit, credit card payment acceptance, and digital banking services through its agents. Avante offers its services through its agents. Bernardo Bonjean and Davi Viana founded it in 2012, with its headquarters in São Paulo in Brazil.

ToLife

Series A in 2014
ToLife develops innovative technological solutions for the health industry. Founded in 2009, the company is today a reference in innovation and excellence. By guaranteeing the organization of urgent and emergency care, its performance stands out in the entrepreneurial field for the potential of growth and impact in society. From a structured implementation process, specialized team and best management practices, ToLife's business model offers a unique solution that integrates equipment, software and services, leading to innovation and agility to the technological management of health.