# Top 50 Retail Startup Investors in Brazil in June 2026

## MAYA Capital
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 8
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, E-Commerce, Information Technology

An early-stage venture firm that supports businesses generating accessibility, transformation and efficiency in Brazil and Latin America. 

## Canary
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 6
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Information Technology, Software

Canary is the first partner of choice of the best founders in LatAm. We are co-founders of the companies we back, from the ground up, supported by the best community of builders.

## FJ Labs
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 5
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Financial Services

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

## Gvangels
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 4
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Information Technology, SaaS

GVAngels is a network of angel investors founded by former students of Fundação Getúlio Vargas (FGV), Brasil in 2017. The GVAngels network invests in technology startups that aim to solve inefficiencies in large markets.In these 4 years of operation, investments have already been made in 40 startups and checks have averaged from R$800,000 to R$2million. We currently have more than 300 associates with a personal interest in investing in startups and adding knowledge with their expertise and experience through smart money to our investees.GVAngels has its roots in the School of Business Administration at FGV, where most of the associated angel investors graduated. For 11 consecutive years, the university has been considered the best think tank in Latin America and has been ranked among the best institutions in the world since 2004.

## H20 Capital
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, E-Commerce

H20 Capital backs disruptive entrepreneurs creating tomorrow's largest, most valuable, and longest-lasting companies, seeking to become a hands-on partner by helping entrepreneurs disrupt and create new markets while adding value. The Firm's focus is in B2B Enterprise Software (SaaS), B2B Marketplaces, and B2B Fintech in LatAm and the US(primary focus on LatinX & immigrant founders in the US).

## MONASHEES
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 4
- Stages: Series A, Series B, Seed
- Focus: FinTech, E-Commerce, Financial Services

monashees is the pioneer venture capital firm in Latin America. It partners with outstanding founders who are revolutionizing large markets. The firm serves entrepreneurs starting with their very first movements, supporting their growth through its expansion funds. With a human-values-first approach, monashees helps founders challenge the statusquo and improve people’s lives through technology. The monashees community includes over 150 companies and 300+ founders.

## H20 Capital Innovation
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, E-Commerce, SaaS

H20 Capital Innovation is a cross border early-stage venture capital fund with operations in the USA and Latin America. We actively invest in entrepreneurs that are using technology to disrupt existing markets or create entirely new ones in the B2B Marketplace and B2B Enterprise IT sectors.

## Norte Ventures
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Software, Information Technology

Norte is a founder's fund created and invested by entrepreneurs

## ONEVC
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Software, Information Technology

ONEVC is a venture capital firm, focused on seed-stage investments in Latam.

## CapTable
- Type: VC Fund
- Location: Porto Alegre, Rio Grande do Sul, Brazil
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Financial Services, AgTech

Captable is a startup investment platform that operates transactions through crowdfunding. They exist to simplify and make startup investments viable, as well as to connect the entire ecosystem, by leveraging business growth with high return potential for investors who want to contribute to the growth of startups. It makes connections at variouslevels for various agents in the innovation market with the goal of encouraging entrepreneurship through investment in startups. CapTable was founded in 2018 by Guilherme Enck and Paulo Deitos Filho.

## Bossa Invest
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Financial Services

Aprenda a Investir em Startups

## Elevar Equity
- Type: VC Fund
- Location: Seattle, Washington, United States
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Financial Services, Finance, FinTech

Elevar Equity fuels the economic resilience and vibrancy of underserved customers and low income communities by investing early growth capital in entrepreneurs building at the intersection of inclusivity, affordability and massive scale. Led by an entrepreneurial emerging markets team passionate about addressing issues of access and inequity, Elevar invests in businesses that demonstrate a direct correlation between high impact and returns. So far in its 15-year journey, the Elevar Method of investing has democratized essential products and services for over 45 million households and catalyzed billions of dollars of capital into 40+ companies across India and Latin America.

## DOMO.VC
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Financial Services

DOMO.VC is a leading venture capital firm in Brazil that invests in best in class entrepreneurs. We back early-stage technology startups, helping them grow faster and establish themselves in competitive markets.We started from the collective desire of our founding partners to contribute to the success of the next generation of Brazilianentrepreneurs. DOMO’s multi-disciplinary team is supported by its Advisory Board who’s members have solid and proven track-record in creating, investing, advising and financing tech startups of all sizes.Our GPs have thrived as entrepreneurs, having founded companies such as Buscapé in Brazil. The team was also an early investor in well renowned start-ups such as Loggi, Gympass, Hotmart, among others.

## TM3 Capital
- Type: VC Fund
- Location: Curitiba, Parana, Brazil
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, B2B

TM3 Capital is an asset management company that specializes in technology companies. The company specializes in technology investments, and it looks to fund businesses with strong growth prospects and/or scalable hardware and/or software solutions. Its investment vehicles benefit from the synergies and experience that TM3 Capital, a teamwith a long history in the technology industry, brings to the table.

## Redpoint eventures
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Internet

Redpoint eventures's approach is to help entrepreneurs by offering the benefits of both local and international VCs including insight, company building, financing, and exit.

## Anjos do Brasil
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 3
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Information Technology, Financial Services

Anjos do Brasil is a angel investor network dedicated to foster angel investment for supporting inovative entrepreneurs in Brazil. It was founded by Cassio Spina, a entrepreneur and a angel investor with over 25 years experience in tech industry (see more at http://www.crunchbase.com/person/cassio-spina-3) .Receivingsupport of major brazilian institutions related to entrepreneurship and investments, such as Endeavor Brasil, ABVCAP, BM&F BOVESPA, FIESP/CJE, Brazil Innovators, etc., Anjos do Brasil is commited to connect investors with entrepreneurs in order to help growing new business in Brazil.We do also keep relationship with major VC investment funds, in order to exchange investment opportunities between our members and them. Anjos do Brasil is advised by a seasoned board of advisors, that support our strategic actions for promoting our vision.We promote events between our members and some also for entrepreneurs, for both educating the community and connecting people, to empower their relationsIf you wish to contact us, please, visit our site at www.anjosdobrasil.net and leave a message.

## VERVE CAPITAL
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Information Technology

Verve Capital is an early stage venture capital firm that partners with founders to fund ideas and accelerate growth. We believe in people with big dreams and the grit to bring them to life. We invest in ideas that challenge the status quo and build a better world through innovation. We partner with companies providing early stage investment,support and advice that help founders reach their vision.

## Tiger Global Management
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 3
- Stages: Series B, Series A, Series C
- Focus: Software, FinTech, Financial Services

Founded in 2001, Tiger Global Management, LLC (“Tiger Global”) is a New York-based investment firm pursuing a long-term approach to investing in leading, global public and private companies that leverage technological innovation. Tiger Global’s public equity business includes fundamentally oriented long/short, long-focused and crossoverstrategies, targeting investments in high-quality, public growth companies. The private equity business invests in early through late stage companies that pursue innovative approaches to new and existing industries, building on over 20 years of experience investing in hundreds of businesses in more than 30 countries with more than 90 portfolio company IPOs. With a strong track record investing across sectors and stages, Tiger Global aims to be a thought partner to companies and their management teams across their lifecycle in public and private markets. The Firm’s mission is to generate world-class returns for its investors and to do so in a way that makes its employees, partners and portfolio companies proud.

## Latitud
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, Software

Build good sh*t with Latitud

## Ariel Lambrecht
- Type: Angel
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, FinTech, E-Commerce

Ariel Lambrecht - Founder @ Mara

## NXTP Ventures
- Type: VC Fund
- Location: Buenos Aires, Distrito Federal, Argentina
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, Internet, Information Technology

Founded in 2011, NXTP was one of the early investors in B2B unicorns in Latin America, such as Nuvemshop, Mural, Auth0, Frete.com, and Betterfly. Based across offices in Brazil, Mexico, Uruguay, and Argentina, NXTP invests checks ranging from $500,000 to $5 million in startups at pre-seed, seed, and Series A stages. NXTP principally supportsfounders in four B2B verticals: Cloud & SaaS, FinTech, E-Commerce Enablers, and B2B Marketplaces. The fund has backed more than 130 startups, raising over $2 billion in additional capital, and has co-invested alongside funds such as a16z, Greylock, Tiger Global, and Greenoaks. It boasts a portfolio of 6 unicorns and 32 exits. NXTP has a Latin American network not only to identify the region’s best entrepreneurs but also to help them expand their operations to other countries. NXTP's main goal is to help companies move to the next level, demonstrate a viable and scalable business, and be part of that growth process. NXTP has over 400 experts to assist companies in addressing operational challenges in different segments.

## David Vélez
- Type: Angel
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Series A, Seed, Pre-Seed
- Focus: FinTech, Financial Services, Banking

David Vélez is the Founder and CEO of Nu Colombia. He previously worked at Sequoia Capital as a Partner. David Vélez attended Stanford University.

## Airborne Ventures
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, FinTech

We help companies go Airborne preparing them in advance so that they can be flying stabilized, helping them to avoid crashing after taking off.

## Astella
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Information Technology, Software, SaaS

Astella is a venture investor, providing capital, culture, and capabilities to Brazilian entrepreneurs who are willing to change our country's future.

## Iporanga Ventures
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Financial Services, Information Technology, Software

Iporanga Ventures is venture capital funds management company, focused on Pre-Seed/Seed stage Brazilian startups.

## Simile Venture Partners
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Apps

Simile Venture Partners is an early-stage investment firm focusing on internet, mobile and technology startups across the world. It was founded by a team with domain expertise in entrepreneurship and venture capital investments. Its priority markets are in Europe, South-East Asia, India, Brazil, Turkey and Russia.For more information, visit:www.simileventure.com (http://www.simileventure.com/)

## Hans Tung
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: E-Commerce, Internet, Financial Services

Hans Tung is based out of Menlo Park, California, and is the Managing Partner of GGV Capital and also Board Member of Wispr Flow. Hans previously worked at Poshmark as a Board Member. Hans Tung attended the Stanford University.

## BR Angels
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Social Media

BR Angels is a private non-profit association, made up of a limited number of members, individuals, and companies that focus on promoting the development of startups. It specializes in the fields of investment management, financial services, and finance.

It was founded in 2019 and headquartered in São Paulo, Brazil.

## Scale-Up Ventures
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Financial Services, FinTech, Information Technology

Scale-Up Ventures is a venture capital fund that invests in companies selected by Endeavor Brazil's hyper-growth acceleration programs.

## Kevin Efrusy
- Type: Angel
- Location: Palo Alto, California, United States
- Relevant deals: 2
- Stages: Series B, Series A, Series C
- Focus: Software, E-Commerce, FinTech

Kevin Efrusy is the Co-Founder of The Efrusy Family Foundation and a Partner at Accel. Prior to that, he was the CEO and board member, and co-founder of IronPlanet. He attended Stanford University Graduate School of Business and Stanford University.

## Alter Global
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Financial Services, Information Technology

Alter Global is a venture capital firm investing in early-stage startups within emerging markets such as Southeast Asia, Latin America, the Middle East and Africa. Since 2015, we’ve partnered with more than 40 exceptional ventures across 18 countries. We believe in the theory of individual change, supporting high-character founders who are buildingnot only their companies, but their communities and countries as well. We match our founders with talent, expertise, and investments from around the world.We're on a mission to create an unprecedented global network of the world's best tech founders - #ventureboldly and join us.

## Base Partners
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Series A, Series C, Series E
- Focus: Software, FinTech, Payments

we invest globally in private technology companies and help them win in Latin America, Brazil first.

## Quartz
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, FinTech, Internet

Quartz is a venture & growth capital firm investing in companies in Latin America.

## Igah Ventures
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Financial Services, Information Technology, FinTech

Igah Ventures is a Brazilian venture capital firm that was born from the union of forces of two successful investment platforms (e.bricks ventures and Joa Investimentos). We have a unique and complementary team of partners and an extremely qualified and experienced team.

## Cometa
- Type: VC Fund
- Location: Mexico City, Distrito Federal, Mexico
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: E-Commerce, FinTech, Financial Services

Cometa is an investment firm that invests in early stage technology companies. COMETA is a venture capital firm that invests in early-stage technology companies targeting Spanish-speaking markets

## Valor Capital Group
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Series A, Series B, Seed
- Focus: FinTech, Financial Services, Information Technology

Valor is an investment firm that focuses on cross-border financial and investment opportunities. The firm operates across two investment strategies Growth Equity and Venture Capital.
It was founded in 2011 and headquartered in New York, United States.

## CVENTURES
- Type: VC Fund
- Location: Florianópolis, Santa Catarina, Brazil
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Information Technology, SaaS

Our mission is to develop these ventures from capital assets, networking and mentoring in reference to innovation environments in the country, such as universities, research institutes, incubators and technology parks.

## Formus Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Apps, SaaS, Software

We are a global technology investment firm backed by a network of family offices across various sectors & geographies. Our mission is to partner with exceptional, mission driven teams transforming industries and building world-impacting companies.

## Gávea Angels
- Type: VC Fund
- Location: Rio De Janeiro, Rio de Janeiro, Brazil
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Information Technology, FinTech

Gávea Angels is a leading angel investors-led group that makes equity investments in the $50-500K range in emerging growth ventures in the Rio de Janeiro area, and syndicated investments in other parts of Brazil and Latin America.

## TA Ventures
- Type: VC Fund
- Location: Frankfurt, Hessen, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Software, Health Care

TA Ventures is a global, network-driven VC firm investing in early-stage tech startups that redefine the industries of tomorrow. We typically write initial checks of $100-250K for Pre-Seed and Seed companies and actively provide follow-on investments.
We pride ourselves on swift execution, hands-on support, and leveraging our extensiveinternational network. By connecting our portfolio companies with growth-oriented co-investors, we help them scale effectively through subsequent funding rounds. Additionally, we draw on our deep industry expertise to offer portfolio companies and partner VCs access to top-tier, cost-efficient R&D talent.

## FEA Angels
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Angel
- Focus: E-Commerce, Retail, Information Technology

FEA Angels is a venture capital and private equity firm and its acts as a bridge between investors and entrepreneurs.

## Veredas Partners
- Type: VC Fund
- Location: Middletown, Delaware, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Artificial Intelligence, Machine Learning, E-Commerce

Veredas is a technology-driven fund focused on early-stage AI startups. Veredas' mission is to identify and nurture the next generation of AI/ML innovators by being the “first check” highly technical founders receive.

## Mago Capital
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series B
- Focus: Software, AgTech, Retail

Mago Capital is a venture capital firm.

## Juscelino Martins
- Type: Angel
- Relevant deals: 2
- Stages: Series A
- Focus: Retail, Grocery, Delivery

Juscelino Martins

## Pear VC
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Health Care

Pear VC partners with entrepreneurs from day zero to build category-defining companies.

## Brian Requarth
- Type: Angel
- Location: San Francisco Bay Area, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Real Estate, Software, SaaS

Brian Requarth co-founded Viva Real and was the company's CEO from 2009 to July 2016 when he became Chairman. The company bootstrapped its operation and eventually raised over $74 million USD. Under his management, the team scaled to over 500 team members and acquired suahouse, a leading real estate CRM provider serving home builders and datacompany Geo Imovel.He led merger negotiations with ZAP Imóveis (owned by Grupo Globo, Latin America’s largest media company). The deal closed in December 2017. Requarth is Chairman of the combined company, Grupo ZAP.In March 2020, Grupo ZAP signed a deal to be acquired by OLX Brasil for R$2.9bn. The deal was approved by anti-trust authorities in Brazil and the transaction closed October 30, 2020.As an angel investor Requarth has invested in 40+ tech startups in Brazil and Latin America and he has recently started Latitud, a new project focused on helping early stage founders build iconic companies in Brazil and Latin America.

## Sebastian Mejia
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed, Pre-Seed
- Focus: Financial Services, Banking, Internet

Sebastian Mejia is the Co-Founder and President of Rappi. He previously worked as a Managing Director Business Development at Simpleshow. He attended Stanford University.

## Marcelo Sampaio
- Type: Angel
- Location: San Francisco Bay Area, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Apps, Software

There are the well-traveled and then there are the travelers. Born in Brazil and raised in France, Marcelo has been jumping between the developing and developed worlds his entire life, which explains his innate understanding of the two. Name a country and it’s likely that Marcelo has been there. He has traveled and worked in over 50 countries likeMozambique, China, Peru, Latvia, and Korea.Marcelo has more than a decade of experience in channel and direct sales for both private and public sectors. He graduated from PUC-Rio in Production Engineering, and discovered his passion for business and technology at Microsoft. From there he transitioned to Oracle where he became head of Sales for Brazil, winning sales awards each year he was there as one of the best global performers in management and execution. He also happened to be Oracle’s youngest sales manager in the world.

## Kai Schoppen
- Type: Angel
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Internet, B2B, Retail

Founder & CEO Infracommerce
Internet entrepreneur and business angel in Brazil

## Shift Capital
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: FinTech, Financial Services, Email

Success in Brazil is all about execution