Monica Leal

Managing Partner

Lara Lemann

Partner

Julia Seno

Investor

Samuel Veloso

Investor

57 past transactions

Unbox

Seed Round in 2022
Unbox is an online sales solution designed to help brand-focused SMEs to increase sales. Using Unbox everyone is able to create a ready-to-sell online store in less than five minutes with native payment, shipping, and marketing tools. All data collected from customer behavior and analytics is used to find patterns, create insights and automatically optimize the stores to improve conversion.

Arado

Seed Round in 2022
Arado is a platform designed for small and medium-sized farmers, offering supply chain and business solutions that facilitate direct connections between producers and buyers. The company's online marketplace specializes in fresh fruits and vegetables, allowing restaurants and retailers to access a comprehensive catalog of agricultural products. Through this platform, buyers can customize aspects such as maturation, packaging, and product quality, while producers benefit from selling directly to these end-users. This model reduces reliance on intermediaries and enhances transparency in transactions, ultimately supporting local agriculture and improving efficiency in the supply chain.

Diferente ≠

Seed Round in 2022
Mercado Diferente is a mission-driven Brazilian foodtech created with a purpose: give everyone access to healthy foods while fighting food waste in Latin America. By rescuing organic items considered "imperfect" and directly sending them to consumers, they are able to offer up to 40% off traditional retail prices. Founded by Eduardo Petrelli (ex-James Delivery), Saulo Marti (ex-Olist), Paulo Monçores (ex-VTex) & Walter Rodrigues (ex-Rappi), Mercado Diferente is backed by major investors such as Maya Capital, Collaborative Fund, GFC and unicorn founders like Matias Muchnick (founder of NotCo), Abhi Ramesh (founder of Misfits Market), Hamish Shepard (founder of HelloFresh) and Tiago Dalvi (founder of Olist).

Zubale

Series A in 2022
We empower brands and retailers to compete by providing technology to crowdsource work

Finkargo

Seed Round in 2022
Finkargo is a financial services company based in Bogota, Colombia, that focuses on providing trade financing solutions for small and medium-sized enterprises (SMEs) in Latin America. Founded in 2021, Finkargo aims to accelerate international trade operations by offering an import financing platform that integrates automated credit scoring and access to necessary capital. The company enables SMEs to enhance their sales and manage logistics more effectively by providing logistical and technological support, as well as fair pricing aligned with the needs of these businesses.

Fudo

Seed Round in 2022
Fudo is a web-based management system specifically designed for restaurants, bars, and cafes, facilitating operations from any location at any time. The platform streamlines sales management by enabling users to load and receive orders through various online sales channels. It also assists in recording sales, expenses, and inventory, enhancing the overall efficiency of business operations. Fudo has established a presence in Mexico, Chile, and Argentina, serving over 3,900 customers across these regions.

Nilo Saúde

Series A in 2022
Nilo is a health-tech startup focused on elderly citizens. We blend a multi-disciplinary care team to a high-tech platform to provide personalised care coordination, primary care & health services for seniors. Through Nilo, the 50+ population can have access to a care team they trust to look after their physical and mental health and help them navigate important health decisions.

Cross Commerce Store

Seed Round in 2021
Cross Commerce Store is a cross border e-commerce company from Brazil that empowers entrepreneurs to sell globally in an easy and fast way. We are experienced in e-commerce and we believe your cross border sales can be simpler, bigger and better. Our team is made of professionals who come from the biggest marketplaces, payment, tech and international logistics companies, providing the best solutions in cross border sales. Our platform plug international sellers with local marketplaces, significantly decreasing the friction of cross-border e-commerce. We help sellers to integrate with Brazilian marketplaces (Americanas.com, Mercado Livre, etc.) by intermediating the registering, uploading, logistics and other challenging processes.

Azos

Series A in 2021
Azos is an insurtech firm that offers personalized insurance services. The company was founded by Rafael Cló, Bernardo Ribeiro, and Renato Farias and is headquartered in Sao Paulo, Brazil.

Diferente ≠

Seed Round in 2021
Mercado Diferente is a mission-driven Brazilian foodtech created with a purpose: give everyone access to healthy foods while fighting food waste in Latin America. By rescuing organic items considered "imperfect" and directly sending them to consumers, they are able to offer up to 40% off traditional retail prices. Founded by Eduardo Petrelli (ex-James Delivery), Saulo Marti (ex-Olist), Paulo Monçores (ex-VTex) & Walter Rodrigues (ex-Rappi), Mercado Diferente is backed by major investors such as Maya Capital, Collaborative Fund, GFC and unicorn founders like Matias Muchnick (founder of NotCo), Abhi Ramesh (founder of Misfits Market), Hamish Shepard (founder of HelloFresh) and Tiago Dalvi (founder of Olist).

Tarken

Seed Round in 2021
Tarken is a company that focuses on developing an online grain trading platform aimed at enhancing price transparency and liquidity in commodities transactions. The platform connects farmers directly with buyers, allowing them to sell their products online without the need for intermediaries. Tarken also incorporates artificial intelligence to facilitate accurate commodity pricing and to track the availability of agricultural stocks, streamlining the trading process for both sellers and buyers in the grain market.

Mercê do Bairro

Series A in 2021
Mercê do Bairro is a Virtual Retail Chain. We provide a reliable brand and digital solutions to improve revenues and reduce costs of small groceries stores, making life easier for shopkeepers and their customers.

Tenchi

Seed Round in 2021
Tenchi Security specializes in consulting services and innovative products aimed at enhancing the security and compliance of organizations transitioning to cloud solutions. The firm assists clients in developing effective cloud strategies, implementing security best practices, and automating security processes to mitigate risks while maximizing the benefits of cloud technology. With a team of experienced cloud and security professionals, Tenchi Security enables organizations to harness the flexibility, scalability, and cost savings of the cloud without compromising security. Additionally, the company offers a security management platform that allows businesses to monitor their relationships with technology suppliers in real-time, thereby reducing information asymmetry related to security and compliance risks. This comprehensive approach facilitates informed decision-making and supports the secure integration of cloud environments into corporate ecosystems.

Merama

Series B in 2021
Merama is an e-commerce platform and private equity firm based in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. Founded in 2020, the company focuses on partnering with brands to accelerate their growth through exceptional human resources and non-dilutive capital. Merama's mission is to become the largest online group of brands in Latin America, facilitating the expansion of its partners in the competitive e-commerce landscape.

Kovi

Series B in 2021
Kovi Tecnologia Ltda. is a car rental service based in São Paulo, Brazil, established in 2018. The company specializes in providing rental cars across various segments, including hatchbacks, sedans, and sports utility vehicles, primarily targeting on-demand drivers in Latin America. Kovi operates an online platform that facilitates rentals for rideshare and delivery drivers, emphasizing convenience and cost-effectiveness. By partnering with automakers and traditional car rental companies, Kovi adopts an asset-light model, enabling it to offer flexible rental solutions that streamline transportation for users. The company's focus on leveraging technology aims to enhance accessibility and security in the car rental market.

EmCasa

Series C in 2021
EmCasa is a Latin American prop-tech. Its mission is to guide customers through the most important financial transaction of their lives: buying a home. EmCasa's asset-light, managed marketplace model, allows different real estate players to plug their supply into the platform and then supports buyers through the complete purchasing process (search, visit, negotiation, closing). By leveraging technology and proprietary data algorithms, EmCasa delivers a superior customer experience to anyone buying or selling properties in Brazil. It'll soon launch mortgage, financial services and other vital products, to become the preferred real estate marketplace in the region. The company was founded in Nov/2017 and raised $7.6M .

Belvo

Series A in 2021
Belvo Technologies, Inc. is a financial technology company that has developed an open banking application programming interface (API) platform designed to facilitate access to banking and fiscal information. Founded in 2020 and based in Dover, Delaware, Belvo's platform enables businesses to retrieve various financial data, including bank account statements, historical transactions, account ownership details, and tax information. This developer-first API is aimed at enhancing the creation of more efficient and inclusive financial products in Latin America, streamlining the entire process from client registration to data retrieval.

Divibank

Seed Round in 2021
Divibank is a financing platform offering businesses access to growth capital.

Merama

Series A in 2021
Merama is an e-commerce platform and private equity firm based in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. Founded in 2020, the company focuses on partnering with brands to accelerate their growth through exceptional human resources and non-dilutive capital. Merama's mission is to become the largest online group of brands in Latin America, facilitating the expansion of its partners in the competitive e-commerce landscape.

Merama

Debt Financing in 2021
Merama is an e-commerce platform and private equity firm based in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. Founded in 2020, the company focuses on partnering with brands to accelerate their growth through exceptional human resources and non-dilutive capital. Merama's mission is to become the largest online group of brands in Latin America, facilitating the expansion of its partners in the competitive e-commerce landscape.

Merama

Series A in 2021
Merama is an e-commerce platform and private equity firm based in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. Founded in 2020, the company focuses on partnering with brands to accelerate their growth through exceptional human resources and non-dilutive capital. Merama's mission is to become the largest online group of brands in Latin America, facilitating the expansion of its partners in the competitive e-commerce landscape.

Nuvocargo

Series A in 2021
Nuvocargo, Inc. is a freight forwarder and licensed customs broker specializing in the transportation of cargo between the United States and Mexico. Founded in 2017 and based in New York, the company offers standardized and transparent quotes through its network of carriers. Nuvocargo provides a cloud-based dashboard that allows customers to track shipments in real-time, including updates on shipment status, customs clearance, and necessary paperwork. By leveraging technology and extensive logistics experience, Nuvocargo enhances visibility and data accessibility for shippers, improving their understanding of supply chain dynamics.

Alice

Series B in 2021
Alice is a technology healthcare company reinventing the health insurance industry in Brazil. Alice offers B2C health insurance combined with proprietary primary care, delivered digitally and in-person. Primary care teams, namely Health Squads, look after members and coordinate their care within a network of high-quality providers, rewarded by a strongly aligned incentive model. Primary care and providers are fully and seamlessly integrated through Alice digital health platform, creating a virtual verticalized health system that delivers better health outcomes at lower costs.

TerraMagna

Seed Round in 2020
TerraMagna is a fintech company that focuses on risk mitigation for agribusinesses. It leverages technology and alternative data sources to transform a risky and volatile process into a simple and safe experience. TerraMagna enables retailers, industries, and farmers to have access to fair credit and investors have high-yield, market-uncorrelated and high-volume assets to invest in. The company was founded in 2017 and is headquartered in São José Dos Campos.

Divibank

Seed Round in 2020
Divibank is a financing platform offering businesses access to growth capital.

SafeSpace

Pre Seed Round in 2020
SafeSpace is a company focused on enhancing workplace safety and inclusivity by providing a platform for employees to report misconduct confidentially. Its innovative timestamp technology allows users to register incidents privately, creating a detailed timeline that empowers them to voice concerns and fosters a culture of trust. This system not only facilitates the reporting process but also aids HR and Compliance teams in addressing issues effectively, thereby promoting a healthier work environment. SafeSpace's solutions aim to improve ethical practices and compliance within organizations, ultimately contributing to better Environmental, Social, and Governance (ESG) outcomes.

Azos

Seed Round in 2020
Azos is an insurtech firm that offers personalized insurance services. The company was founded by Rafael Cló, Bernardo Ribeiro, and Renato Farias and is headquartered in Sao Paulo, Brazil.

Alude

Seed Round in 2020
Alude TECNOLOGIA LTDA develops a real estate buying and leasing process automation platform. The company offers a platform, which provides background checks, document collection, contract proposals, insurance purchase, and online signing process automation to the brokers. It also sells mortgage and insurance to the customers. The company was incorporated in 2018 and is based in São Paulo, Brazil.

NotCo (The Not Company)

Series C in 2020
NotCo is a food-tech company that produces plant-based meat and dairy substitutes. It uses artificial intelligence to make plant-based food that looks, smells, functions, and tastes the same as animal-based. The company was founded in 2015 and is headquartered in Santiago, Chile.

Zubale

Seed Round in 2020
We empower brands and retailers to compete by providing technology to crowdsource work

Unbox

Seed Round in 2020
Unbox is an online sales solution designed to help brand-focused SMEs to increase sales. Using Unbox everyone is able to create a ready-to-sell online store in less than five minutes with native payment, shipping, and marketing tools. All data collected from customer behavior and analytics is used to find patterns, create insights and automatically optimize the stores to improve conversion.

Nuvocargo

Seed Round in 2020
Nuvocargo, Inc. is a freight forwarder and licensed customs broker specializing in the transportation of cargo between the United States and Mexico. Founded in 2017 and based in New York, the company offers standardized and transparent quotes through its network of carriers. Nuvocargo provides a cloud-based dashboard that allows customers to track shipments in real-time, including updates on shipment status, customs clearance, and necessary paperwork. By leveraging technology and extensive logistics experience, Nuvocargo enhances visibility and data accessibility for shippers, improving their understanding of supply chain dynamics.

Nilo Saúde

Seed Round in 2020
Nilo is a health-tech startup focused on elderly citizens. We blend a multi-disciplinary care team to a high-tech platform to provide personalised care coordination, primary care & health services for seniors. Through Nilo, the 50+ population can have access to a care team they trust to look after their physical and mental health and help them navigate important health decisions.

Oico

Seed Round in 2020
Oico develops an online marketplace designed for small retailers and buyers of building materials. It digitizes the buying process and speeds up delivery by leveraging a marketplace of distributed local stores to create a better experience for professionals to purchase building and maintenance materials, enabling independent shopkeepers to improve their operations and grow their businesses.

Trybe

Series A in 2020
Trybe Holding LLC, located in Brazil, operates as a modern educational institution aimed at individuals seeking to enhance their digital skills and pursue careers in technology. The organization caters to both students and professionals who are committed to improving their lives through education in digital professions. By providing a structured learning environment, Trybe equips its participants with the knowledge and skills necessary to succeed in the evolving tech landscape.

Belvo

Pre Seed Round in 2020
Belvo Technologies, Inc. is a financial technology company that has developed an open banking application programming interface (API) platform designed to facilitate access to banking and fiscal information. Founded in 2020 and based in Dover, Delaware, Belvo's platform enables businesses to retrieve various financial data, including bank account statements, historical transactions, account ownership details, and tax information. This developer-first API is aimed at enhancing the creation of more efficient and inclusive financial products in Latin America, streamlining the entire process from client registration to data retrieval.

Kovi

Series A in 2019
Kovi Tecnologia Ltda. is a car rental service based in São Paulo, Brazil, established in 2018. The company specializes in providing rental cars across various segments, including hatchbacks, sedans, and sports utility vehicles, primarily targeting on-demand drivers in Latin America. Kovi operates an online platform that facilitates rentals for rideshare and delivery drivers, emphasizing convenience and cost-effectiveness. By partnering with automakers and traditional car rental companies, Kovi adopts an asset-light model, enabling it to offer flexible rental solutions that streamline transportation for users. The company's focus on leveraging technology aims to enhance accessibility and security in the car rental market.

Theia

Seed Round in 2019
Theia is a health technology company dedicated to supporting working parents through a comprehensive platform that connects them with a network of childcare professionals. By leveraging technology and data, Theia provides curated content and valuable advice tailored to each stage of pregnancy, ensuring that parents have access to essential resources. The platform facilitates communication with a variety of experts, including psychologists, doctors, and nurses, through chat and video calls, enabling parents to manage their personal life while balancing work commitments. Through its innovative approach, Theia aims to create a modern support network that addresses the unique challenges faced by working parents.

Alice

Series A in 2019
Alice is a technology healthcare company reinventing the health insurance industry in Brazil. Alice offers B2C health insurance combined with proprietary primary care, delivered digitally and in-person. Primary care teams, namely Health Squads, look after members and coordinate their care within a network of high-quality providers, rewarded by a strongly aligned incentive model. Primary care and providers are fully and seamlessly integrated through Alice digital health platform, creating a virtual verticalized health system that delivers better health outcomes at lower costs.

Trybe

Seed Round in 2019
Trybe Holding LLC, located in Brazil, operates as a modern educational institution aimed at individuals seeking to enhance their digital skills and pursue careers in technology. The organization caters to both students and professionals who are committed to improving their lives through education in digital professions. By providing a structured learning environment, Trybe equips its participants with the knowledge and skills necessary to succeed in the evolving tech landscape.

Treble.ai

Seed Round in 2019
Treble.ai, Inc. is a Colombian company that offers a customer support platform designed to enhance communication between businesses and their customers. The platform utilizes a mobile-first, chat-based system that facilitates interactions through SMS and WhatsApp, allowing companies to collect customer feedback and understand their pain points. By automating conversations with users, Treble.ai enables businesses to segment their audience based on responses, thereby improving marketing strategies and customer engagement. This service aims to streamline customer support processes, increase sales, and enhance lead follow-up, ultimately helping businesses to serve their customers more effectively.

Alice

Seed Round in 2019
Alice is a technology healthcare company reinventing the health insurance industry in Brazil. Alice offers B2C health insurance combined with proprietary primary care, delivered digitally and in-person. Primary care teams, namely Health Squads, look after members and coordinate their care within a network of high-quality providers, rewarded by a strongly aligned incentive model. Primary care and providers are fully and seamlessly integrated through Alice digital health platform, creating a virtual verticalized health system that delivers better health outcomes at lower costs.

Avocado

Seed Round in 2019
Avocado is an online grocery retailer focusing on delivering cost-effective and convenient grocery delivery services to customers. It is able to deliver cost-effective and convenient grocery services through real-state arbitrage, low capex or opex, and E2E supply-chain optimization. Avocado was established in 2018 and is headquartered in Sao Paulo, Brazil.

Kovi

Seed Round in 2019
Kovi Tecnologia Ltda. is a car rental service based in São Paulo, Brazil, established in 2018. The company specializes in providing rental cars across various segments, including hatchbacks, sedans, and sports utility vehicles, primarily targeting on-demand drivers in Latin America. Kovi operates an online platform that facilitates rentals for rideshare and delivery drivers, emphasizing convenience and cost-effectiveness. By partnering with automakers and traditional car rental companies, Kovi adopts an asset-light model, enabling it to offer flexible rental solutions that streamline transportation for users. The company's focus on leveraging technology aims to enhance accessibility and security in the car rental market.

NotCo (The Not Company)

Series B in 2019
NotCo is a food-tech company that produces plant-based meat and dairy substitutes. It uses artificial intelligence to make plant-based food that looks, smells, functions, and tastes the same as animal-based. The company was founded in 2015 and is headquartered in Santiago, Chile.

Truora

Seed Round in 2018
Truora, Inc. operates an online platform specializing in background checks and identity theft detection. Founded in 2018 and headquartered in San Francisco, California, with additional offices in Colombia, Mexico, and Brazil, the company utilizes advanced technologies such as optical character recognition (OCR) for digital onboarding, real-time face recognition for user validation, and identity management to streamline the Know Your Customer (KYC) process. Truora's platform can handle over 10,000 checks per hour, offering fast and innovative solutions tailored to the needs of various clients, including national and international retailers, banks, human resource firms, and marketplaces. By leveraging its technical and analytical expertise, Truora ensures a high-quality service experience for its clients' risk management and digital teams.

EmCasa

Series A in 2018
EmCasa is a Latin American prop-tech. Its mission is to guide customers through the most important financial transaction of their lives: buying a home. EmCasa's asset-light, managed marketplace model, allows different real estate players to plug their supply into the platform and then supports buyers through the complete purchasing process (search, visit, negotiation, closing). By leveraging technology and proprietary data algorithms, EmCasa delivers a superior customer experience to anyone buying or selling properties in Brazil. It'll soon launch mortgage, financial services and other vital products, to become the preferred real estate marketplace in the region. The company was founded in Nov/2017 and raised $7.6M .

Pleni

Seed Round in 2018
Pleni is a marketplace connecting distributors of bottled mineral water to consumers and businesses through its apps.

Gupy

Series A in 2018
Gupy is a recruitment and selection platform that leverages artificial intelligence to streamline and enhance the hiring process. By integrating innovative technologies such as people analytics and machine learning, Gupy provides companies with a powerful tool for making informed decisions about talent acquisition. The platform facilitates the entire recruitment management process, allowing businesses of various sizes to identify and attract the best candidates based on their specific needs and the compatibility of candidates' profiles. Gupy's focus on usability and automation enables organizations to improve their recruitment outcomes efficiently.