# Ricardo Coelho Duarte

> Ricardo Coelho Duarte is a seed investor at OpenVC (São Paulo) backing B2B and SaaS. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [OpenVC](https://shizune.co/investors/profile/openvc)
- Location: São Paulo, Brazil
- Total investments: 2
- Last investment: Mar 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ricardo-coelho-duarte-7a993215

Ricardo Coelho Duarte is a seed investor at OpenVC in São Paulo focused on B2B and SaaS. Was involved in Mergers and Acquisitions market over the past few years.During the period from 2010 to 2013 participated in several transactions in different segments of the economy in the IGC Partners, a leading boutique M & A in Brazil. From 2012 to 2013, was responsible for the opening of the regional office of the IGC in Recife, withthe responsibility of developing the market of northeastern Brazil.He also worked at Finvest, structured transaction fund/special situations for the Brazilian market.He holds a degree in Economics from Insper (former Ibmec SP).

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.2M–$2.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 50% |
| SaaS | 1 | 50% |
| FinTech | 1 | 50% |
| E-Commerce | 1 | 50% |
| Health Care | 1 | 50% |

6 industries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Salú | Salu provides complete management in occupational health in a digitalized and centralized way. | $2.5M | Seed | Mar 29, 2022 |  |
| Dolado | Dolado enables small business in Latam to increase efficiency, reduce costs and sell better through a full suite of e-commerce and financial services. The company is focused on merchants from suburban areas and tier-2 cities where technology adoption among business owners is substantially lower than tier-1 cities and central areas. | $2.2M | Seed | Dec 01, 2020 |  |

2 of 2 investments shown.

## Co-investors
- [Norte Ventures](https://shizune.co/investors/profile/norte-ventures) — VC Fund, 2 deals together
- [14B Venture Capital](https://shizune.co/investors/profile/14b-venture-capital) — VC Fund, 1 deal together
- [Aggir Ventures](https://shizune.co/investors/profile/aggir-ventures) — VC Fund, 1 deal together
- [Global Founders Capital](https://shizune.co/investors/profile/global-founders-capital) — VC Fund, 1 deal together
- [Norte Capital](https://shizune.co/investors/profile/norte-capital) — VC Fund, 1 deal together
- [SoftBank](https://shizune.co/investors/profile/softbank) — VC Fund, 1 deal together

## About OpenVC

VC Fund · Brasil, Brazil

OpenVC believes that global companies can be born anywhere. We are inspired by Israel, the startup nation, the 2nd largest tech hub in the world, that created amazing companies. Latin America innovation ecosystem has developed significantly over last years and already have several startups that are conquering the world. Their goal is to find andhelp LatAm entrepreneurs to scale their companies to go global.

2 contacts available at OpenVC.

| Name | Title | Profile |
| --- | --- | --- |
| Mauro Muratorio Not | Managing Partner | https://shizune.co/investors/profile/mauro-muratorio-not |
| Ricardo Coelho Duarte | Founding Partner | https://shizune.co/investors/profile/ricardo-coelho-duarte |

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## Featured in investor lists
- [Health Care Angel Investors in LATAM](https://shizune.co/investors/health-care-angel-investors-latam)
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## FAQ

### What does Ricardo Coelho Duarte invest in?

Ricardo Coelho Duarte invests primarily in B2B, SaaS and FinTech startups, most often at Seed stage. Most of the 2 investments tracked by Shizune back companies in Brazil. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ricardo Coelho Duarte's check size?

Ricardo Coelho Duarte typically joins rounds of $2.2M–$2.5M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Ricardo Coelho Duarte participates in.

### When did Ricardo Coelho Duarte last invest?

The most recent investment recorded for Ricardo Coelho Duarte closed in Mar 2022. Shizune tracks 2 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.

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