# Flavio Dias

> Flavio Dias is a seed investor in São Paulo backing E-Commerce, Retail and Marketplace. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: São Paulo, Brazil
- Total investments: 4
- Last investment: Oct 2023
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/flavio-dias-b249351
- Website: https://x.com/twitfdias

Flavio Dias is a seed investor in São Paulo focused on E-Commerce and Retail. Flavio Dias

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $835k–$3M |
| Pre-Seed | $397k–$2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 3 | 75% |
| Retail | 2 | 50% |
| Marketplace | 2 | 50% |
| Information Technology | 2 | 50% |
| B2B | 1 | 25% |

13 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Pre-Seed | 2 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Brazil | 3 | 75% |
| Uruguay | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Hubii | Hubii was born to solve the New Retail phygital transformation in LatAm. Through fulfillment, we give new life to mom n pop stores transforming them into order-and-delivery stations for e-commerce. With our tech, marketplaces lose the need to have CAPEX intensive DCs or dark-stores to deliver fast and cheap delivery for its customers. Thee-commerce platforms may still keep their stores, although with us, they expand their coverage and channel penetration while making the most of its unit economics with streamlined logistics costs, focusing on its most valuable asset, the control of the demand. Also, the SMB retail stores are redefined in the new phygital era which we are living the transformation as of now. Instead of being cannibalized by the online world, they become a crucial part of it in the simplest way. With our tech, these mom n pops may sell online without having to go through intensive changes, they can simply accept a new order as simple as an uber accepts a new car ride. With Hubii they have more cash inflow by selling more while improving their shelf turnover ratio and product mixes. Hubii redefines the traditional core elements of retailing and the relationship among them to upgrade current formats and create new retail occasions. | $3M | Seed | Oct 01, 2023 |  |
| LET’S Delivery | We want to be the restaurant's best friend, using technology and administration techniques combined with artificial intelligence for complete management in a simple and intuitive interface, promoting a true digital transformation in the sector. For this we have Max, our restaurant management software that has an exclusive consultingexpertise through artificial intelligence resources. Max, in addition to helping your restaurant organize itself better to serve your customers, it also helps you in day-to-day management with recommendations based on the best management and administration techniques. Our consulting professionals know the pains of restaurants like no one else, and Max solves those problems. If you are passionate about food and technology, your place is at Let's Delivery! For this we have Max, our restaurant management software that has an exclusive consulting expertise through artificial intelligence resources. Max, in addition to helping your restaurant organize itself better to serve your customers, it also helps you in day-to-day management with recommendations based on the best management and administration techniques. Our consulting professionals know the pains of restaurants like no one else, and Max solves those problems. If you are passionate about food and technology, your place is at Let's Delivery! | $397K | Pre-Seed | Sep 22, 2021 |  |
| nocnoc | Our cross-border eCommerce platform enables Latin American marketplaces to enter the cross-border world, and empowers international sellers to increase their selling volumes in Latin America.Forget long and frustrating international adventures. Reward your customers with a comfortable domestic-feeling shopping experience no matter where theproducts are coming from. | $2M | Pre-Seed | Mar 01, 2021 |  |
| Olist | Olist is an SMB commerce enabler ecosystem that specializes in the fields of logistics and capital. Commerce has changed and platforms like shopify, amazon, meli, alibaba and their peers are more and more relevant to our economy throughout the globe. This movement triggered a new generation of enablers to support small businesses navigate in suchrich and fragmented ecosystem. Olist is leading the way as the #1 commerce enabler for SMBs in Brazil, now expanding globally.The company started with a single core connecting merchants to marketplaces and evolved to a complete ecosystem of integrated products in 3 dimensions. (1) Commerce: (a) Olist Store is the leading solution to sell on marketplaces; (b) Olist Shops is our ecommerce solution, mobile first, natively connected to social media, present in 180 countries. (2) Logistics: Olist Pax is a leading cloud based logistics and fulfillment network provider operating in Brazil. (3) Capital: Olist Credit and Olist Pay. | $835K | Seed | Apr 01, 2015 |  |

4 of 4 investments shown.

## Co-investors
- [Caravela Capital](https://shizune.co/investors/profile/caravela-capital) — VC Fund, 3 deals together
- [Headline](https://shizune.co/investors/profile/headlinevc) — VC Fund, 1 deal together
- [IC Ventures](https://shizune.co/investors/profile/inforcorp-s-ic-ventures) — VC Fund, 1 deal together
- [Olist](https://shizune.co/investors/profile/olist) — VC Fund, 1 deal together
- [Redpoint eventures](https://shizune.co/investors/profile/redpoint-eventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund
- [DOMO.VC](https://shizune.co/investors/profile/domo-invest) — VC Fund
- [Canary](https://shizune.co/investors/profile/canary-5) — VC Fund

## Featured in investor lists
- [Enterprise Angel Investors in Brazil](https://shizune.co/investors/enterprise-angel-investors-brazil)
- [Retail Angel Investors in LATAM](https://shizune.co/investors/retail-angel-investors-latam)
- [Transportation Angel Investors in Brazil](https://shizune.co/investors/transportation-angel-investors-brazil)
- [All Angel Investors in Uruguay](https://shizune.co/investors/angel-investors-uruguay)
- [Retail Angel Investors in Brazil](https://shizune.co/investors/retail-angel-investors-brazil)
- [B2B Investors in Uruguay](https://shizune.co/investors/b2b-investors-uruguay)

## FAQ

### What does Flavio Dias invest in?

Flavio Dias invests primarily in E-Commerce, Retail and Marketplace startups, most often at Seed and Pre-Seed stage. Most of the 4 investments tracked by Shizune back companies in Brazil. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Flavio Dias's check size?

Flavio Dias typically joins rounds of $835k–$3M at Seed and $397k–$2M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Flavio Dias participates in.

### When did Flavio Dias last invest?

The most recent investment recorded for Flavio Dias closed in Oct 2023. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co