Top 20 Fitness Startup Investors in Brazil in October 2023
Top 20 Fitness Startup Investors in Brazil in October 2023
| Investor | Fitness Brazil investments |
|---|---|
| MatterScale Ventures | 3 |
| Canary | 2 |
| Astella | 2 |
| Norte Ventures | 1 |
| Hospital Israelita Albert Einstein | 1 |
| DOMO Invest | 1 |
| Bertha Capital | 1 |
| Guilherme Bonifacio | 1 |
| Vox Capital | 1 |
| DNA Capital | 1 |
| Dr. Cornelius Boersch | 1 |
| Endeavor Catalyst | 1 |
| Endeavor | 1 |
| Fir Capital | 1 |
| Kortex Ventures | 1 |
| Scale-Up Venture Capital | 1 |
| Criabiz Ventures | 1 |
| Sergio Furio | 1 |
| Bruno Soares | 1 |
| Caravela Capital | 1 |
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Founded by a team of former Endeavor executives, Matterscale aims to bridge the seed stage funding gap for Latin founders.
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- Software, Information Technology, FinTech
- Seed, Pre-Seed, Series A
- United States, Argentina, Mexico
Portfolio highlights
- Celes — Celes offers AI-powered solutions to transform marketing, finance, sales, and supply chain, which are critical pain points for retailers. Celes assists clients in better understanding their customers in order to improve their campaigns, promotions, and communications. This aids in increasing customer retention, average ticket price, and units perticket. Celes analyzes and processes data to return the best purchases, prices, and promotions.
- Yumari — Wholesale Buying from Latin America Made Easy
- Hackmetrix — Hackmetrix is a platform that helps you improve your security, get certifications like ISO 27001, and comply with industry regulations like PCI. Also, we provide Pentest to reduce the risk of cyberattacks.
Canary is the first partner of the best founders in Latam.
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- Financial Services, E-Commerce, Information Technology
- Seed, Series A, Pre-Seed
- Brazil, Mexico, United States
Portfolio highlights
- Apprenty — Na apprenty, estamos criando caminhos alternativos para que os jovens surpreendam ao entrar no mercado de trabalho.
- Kala — We turn any lender into a fintech lender. Kala is building the fintech infrastructure for lending in LatAm. We work with any lender, from banks to credit unions to any company that sells through a credit program. Kala increases financial inclusion by providing a seamless and fully digital credit process for both people and companies in LatAm.
- BrandLovrs — BrandLovrs provides a one-of-a-kind model for gamifying influencer marketing campaigns Brands may use the BrandLovrs platform to collaborate with a large number of producers for scalable and gamified influencer marketing.
Astella is a venture investor, providing capital, culture, and capabilities to Brazilian entrepreneurs who are willing to change our country's future.
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- Information Technology, Software, E-Commerce
- Seed, Series A, Pre-Seed
- Brazil, United States
Portfolio highlights
- Cayena — Cayena is a B2B marketplace for the $100b+ wholesale food industry in Latin America. The company allows restaurants, bars, bakeries, hotels and dark kitchens to procure their inventory from multiple suppliers with next day delivery and a comprehensive suite of add-on services.
- Silverguard — A B2C2B protection fintech that provides freemium protection solutions for individuals and valuable protection data for companies.
- Movens — Movens is a revenue-based financing platform for e-commerce brands. We deeply understand the business to support entrepreneurs in their growth journey, solving working capital issues and cash flow fluctuations with affordable, flexible funding and insights with data intelligence.
Norte is a founder's fund created and invested by entrepreneurs
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- Software, Information Technology, Financial Services
- Seed, Series A, Pre-Seed
- Brazil, Argentina, United States
Portfolio highlights
- Assis — Assis goal is to empower business owners by helping them grow their companies through technology that gives customers an amazing experience each and every time they connect with them.
- Aravita — Intelligent Fresh Food Ordering
- Comp — Compareemcasa is a comparison website developed to help consumers when deciding what services to hire online. It enables consumers to compare insurance services, loans, and more. The company's focus is on financial products and services enabling Latin American households to save time and money.Compareemcasa is headquartered in São Paulo,Brazil and was founded on 2009.
The Hospital Israelita Albert Einstein is a Brazilian hospital, in São Paulo. It's considered one of the best hospitals in Latin America.
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- Health Care, Fitness, Medical
- Seed, Series A
- Brazil
Portfolio highlights
- ISA — 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.
- Nexodata — Nexodata was born to anticipate the future in the healthcare system this is our main purpose.
DOMO Invest 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.
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- Information Technology, Software, Financial Services
- Seed, Pre-Seed, Series A
- Brazil, United States, Trinidad and Tobago
Portfolio highlights
- Vendah — Social commerce platform democratizing the e-commerce in LATAM through local entrepreneurs
- Sensix — Through the FieldScan platform, Sensix uses analytical intelligence and machine learning to consolidate and correlate data from drones, satellites, machines, climate and soil and plant samples, generating input application maps, greater crop predictability and greater profitability for farmers. The web-based platform FieldScan is capable ofdelivering weed localization maps, quantifying planting gaps, identifying vigor and biomass variability and soil and plant sampling maps for variable rate application of fertilizers, nematicides, regulators (cotton), resistance inducers and insecticides, communicating directly with the agricultural machinery and impacting in saving of inputs, greater homogeneity of the crop and increase of yields.
- Mission Brasil — Mission Brasil is an information technology solution that provides a digital outsourcing platform for business development. Their services include legal and administrative, retail and monitoring, research and audit, hidden shopper, data and accreditation, logistics, and direct sales.
Bertha Capital provides structural investment in the startups.
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- Travel, E-Commerce, FinTech
- Seed, Funding Round, Corporate Round
- Brazil, United States
Portfolio highlights
- ZiYou — ZiYou provides subscription services for sports equipment and content.
- Cash.in — Pagamento de campanhas de incentivo inteligentes, seguras e 100% digitais
- Navegam — A Navegam é uma empresa que iniciou suas atividades, em 2019, automatizando a venda de passagens fluviais, evoluindo para serviços de acompanhamento logístico rodoviário e fluvial na Amazônia. Hoje atua no mercado em quatro frentes diferentes, E-commerce (venda online de passagens), FEPS (sistema de venda de passagens), Navegam LOG (sistema delogística) e Sentinela (sistema de monitoramento de embarcação)
Guilherme is a serial entrepreneur and angel investor that deeply believes entrepreneurship is fundamental to make the world in a better place to live in. Co-founded iFood, one of the first Latin American unicorns, and now is developing Mercê do Bairro with the big dream to transform traditional groceries retailers in a strong virtual retail chain.
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- E-Commerce, Information Technology, Financial Services
- Seed, Pre-Seed, Series A
- Brazil, Mexico, United States
Portfolio highlights
- Klubi — Klubi is a fintech company that provides credit facilities in a simple, transparent, secure and truly digital experience.
- Olga Ri — Olga Ri is a digitally native, cloud kitchen-based, fast casual restaurant that delivers convenient, delicious and healthy salads and grain bowls. On the back of great technology, state-of-the-art operations and a purpose-driven brand, we are helping shape the next generation of foodservice in Brazil. As a company, we are committed to thinkingsustainably, building diverse teams, cherishing urban communities and fostering more colorful lives.Olga Ri is available for customers in São Paulo across proprietary and third-party platforms via delivery, pickup and in-company outposts.
- Civi — Civi App is a security application which provides access to real time security alerts and news information for avoiding risky situations.
Investimentos de impacto para o seu bolso e para o planeta. Retorno financeiro competitivo com impacto socioambiental positivo.
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- Health Care, Information Technology, Software
- Seed, Series A, Funding Round
- Brazil, Trinidad and Tobago
Portfolio highlights
- Fiibo — Fiibo is the first health and wellness multplatform in Brazil, offering an innovative technological solution that connects all healthcare stakeholders in one place. The platform includes an app that allows employees to choose from a variety of available products and services, as well as a data management and contracting platform for companies andbrokers. This provides greater freedom and flexibility in selecting how to care for one's health.
- Lagoped — Lagoped operates as a sustainable outdoor clothing brand.
- Eyecare Health — Eyecare Health is a health technology company that specializes in ophthalmology.
DNA Capital is an investment partnership specializing in multi-stage investments in the healthcare sector, ranging from early stage companies to private equity. Our mission is to invest in and provide strategic value to the best companies and founding teams in healthcare. Our team is multidisciplinary, deeply rooted in healthcare and passionateabout finding and helping the best companies to thrive. DNA Capital was founded in 2013 and is part of one of the world's leading healthcare groups. We invest globally from our offices located in São Paulo, Brazil and San Francisco, California.
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- Health Care, Medical, Hospital
- Series A, Series B, Seed
- United States, Brazil, China
Portfolio highlights
- Piwi — Hi there, we are Piwi®. Like a broker, only easier. We didn’t create the company because we were in love with the market. It was exactly the opposite. With an easy to use and intuitive digital benefit managing platform we replaced the old school brokerage changing the way in which companies research, buy and manage their health plans and benefits.That’s evolution coming around!
- Inspirali — Inspirali is an education institute providing post graduate training in health sector.
- Sanar — 26K Followers, 709 Following, 489 Posts - See Instagram photos and videos from Sanar (@sanar)
Dr. Cornelius (“Conny”) Boersch is an entrepreneur, business angel and founder of numerous technology companies. Conny is considered one of the bestconnected networkers in the tech and start-up scene. He is the founder of the global company builder Mountain Partners as well as the global co-investment company Conny & Co. Conny initiated theEntrepreneurs Day at the Tegernsee, one of the most exclusive conferences in Europe and regularly holds speeches at universities or tech events all over the world. As a business angel, he has invested in more than 300 companies since 1995 and was voted “European Business Angel of the Year” in 2009. He is a European Investment Fund (EIF) - certified super angel, which means that, subject to certain restrictions, the EIF matches all of his startup investments 1 to 1.As an entrepreneur, Conny previously founded the stock-listed RFID-based companies ACG, Smartrac and Identiv as well as the cashless payment systems provider Sandpiper. For his activities he was named “Entrepreneur of the Year” in 2000. Politically, Conny acted as advisor to Dr. Guido Westerwelle, former president of the German Liberal Party, FDP, Vice-Chancellor and Foreign Minister of Germany from 2009 to 2012.He studied at the European Business School in Oestrich-Winkel and earned his Ph.D. from the University of Essen with a thesis on venture capital and investing. He later also acted as honorary professor and held lectures at the University of Essen.
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- E-Commerce, Software, FinTech
- Seed, Series A, Funding Round
- Germany, Switzerland, Mexico
Portfolio highlights
- Faarms — FAARMS is a new age digital platform catering to the needs of farmers.
- Lingoda — Learn a new language effectively with our online language courses! English, German, French and Spanish online, in live video group & private classes.
- Flash Coffee — Flash Coffee is a tech-enabled coffee chain that customers use their app to order and pay online, choosing to pick up orders from one of the Flash Coffee’s storefronts or order for delivery through major platforms in each market. Flash Coffee was founded in 2019 and is headquartered in Singapore.
Endeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$500M+ AUM across four funds and has made 260+ investments to date in 35+ different markets. TodayThe Endeavor Catalyst portfolio has 53 companies valued at $1B+. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.
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- E-Commerce, Software, Information Technology
- Series B, Series A, Series C
- United States, Brazil, Mexico
Portfolio highlights
- Sami — Sami is a Brazil-based health plan startup that provides a technology-based solution intended to be used in the healthcare sector. The company focuses on making health care simpler, more efficient, and friendlier by using simplified solutions, thus, providing patients with reduced costs for their medical care needs. Their mission is to transformBrazilian health into something simple, easy, reliable, and accessible, which helps each person to be their best version.Founded by Vitor Asseituno and Luiz Guilherme Berardo in 2018 and is based in São Paulo, Brazil.
- Thunes — Payment infrastructure for a connected world.
- InvGate — InvGate is the solution to build a modern service desk and empower IT with total visibility of your IT estate.
About EndeavorEndeavor is the world’s leading community of high-impact entrepreneurs. Today, Endeavor’s network spans nearly 40 countries and supports more than 2,000 entrepreneurs, whose companies generate combined revenues of over $28 billion US, have created more than 3.9 million jobs, and, in 2020, raised over $4 billion US in capital.Endeavor’s unique entrepreneur-first model and network of trust provide a platform for founders to dream big, scale up, and pay it forward to the next generation of entrepreneurs. About Endeavor CatalystEndeavor Catalyst is the rules-based, co-investment fund of Endeavor, set up to invest exclusively in Endeavor Entrepreneur-led companies and to sustain Endeavor’s long-term operations in a mission-aligned way. Launched in 2012, Endeavor Catalyst has ~$250M+ AUM across three funds and has made 200+ investments to date in 32+ different markets. Today The Endeavor Catalyst portfolio has 37 companies valued at $1B+, including 29 unicorns. Investments include Globant (NYSE:GLOB), Rappi, and Creditas in Latin America; Yemeksepeti.com and Careem in MENA; and Bukalapak and Carro in Indonesia.
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- Software, Information Technology, E-Commerce
- Funding Round, Series A, Seed
- Brazil, United States, Malaysia
Portfolio highlights
- DRUID — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
- GlobalComix — GlobalComix is a free digital reading and distribution platform that helps creators and publishers share and sell their comics. GlobalComix helps readers understand the value of artistic labor and help creators earn cash in more consistent and flexible ways. Most importantly, GlobalComix promotes cross-cultural exchange and help comics fans andmakers connect with each other in deeper, more insightful ways.
- Story Protocol — Story Protocol is building open IP infrastructure to grow the creativity of the internet era.
Founded in 1999, FIR Capital is a venture capital firm that invests in nascent, emerging or growing companies that demonstrate tremendous growth potential.FIR Capital looks for innovative projects and companies. It offers financial support, strategic advisory services and support to management, and assistance in hiring key executives, inaddition to its experience in sales, marketing, innovation, controllership, exports, global expansion and strategic alliances.The partners of FIR Capital are venture capital pioneers in Brazil, having invested in Biobrás S.A. (later sold to Novo Nordisk), Miner Technology (sold to UOL) and Akwan Technology (sold to Google).In 2007, Draper Fisher Jurvetson (DFJ), one of the world´s biggest and best venture capital firms, acquired shareholding interest in FIR Capital. DFJ´s worldwide network spans 4 continents and consists of 23 venture capital funds, 135 investment professionals, more than 300 investors and investments in around 550 companies, with more than US$ 5.5 billion under its management.DFJ´s portfolio of success stories includes Hotmail, Skype, Baidu, DivX, Mobile365, Overture, 411 and EnerNOC.
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- Health Care, SaaS, Wellness
- Series A, Funding Round, Seed
- Brazil
Portfolio highlights
- Plamev — Plamev is a company which provides with pet health plans.
- ISA — 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.
- ABC da Construção — ABC da Construção is a construction company that provides consultation and materials to clients. It supplies furnishing, designing, and building supplies. ABC da Construção was founded in 1990 and is headquartered in Minas Gerais, Brazil.
Kortex Ventures is a global venture capital fund that invests mainly in health tech and healthcare technology early-stage companies. It partners with outstanding entrepreneurs and innovative companies to change the future of healthcare through technology.
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- Medical, Health Care, Fitness
- Series A
- Brazil, Israel
Portfolio highlights
- ISA — 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.
- Sweetch — Sweetch is an Artificial Intelligence based platform for large scale prediction, prevention and outcome improvement of chronic diseases - diabetes, hypertension, hyperlipidemia, and obesity. They believe that every individual should live a healthier lifestyle. Currently, no scalable and cost-effective solution exists that helps the prediabeticpopulation, therefore providing some sort of guidance is vital. Sweetch reduces the risk of diabetes and improves outcomes of chronic diseases by implementing a personalized intervention that focuses on emotional support and motivation to drive behavior change.Sweetch developed a proprietary machine-learning platform that predicts an individual’s 3-year risk for developing Metabolic Syndrome related diseases – type 2 diabetes, hypertension, hyperlipidemia, and obesity.
Scale-Up is a venture capital firm based in Palo Alto, California. We focus on investing in late and growth-stage companies in artificial intelligence, fintech, real-estate tech, data and analytics, next-generation infrastructure, online to offline sectors, and the sharing economy. Scale-Up’s experienced team of managing and venture partners haveinvested in nearly 100 technology companies from seed to growth stage, a number of which have since become unicorns and decacorns.
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- OpenWeb — It's time to save online conversations
- ISA — 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.
- Raft Technologies — Raft provides a complete end-to-end communications service; connect to us at one end and receive your data signals at the other end, ever faster.
Criabiz Ventures is a venture capital firm.
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- Software, B2B, EdTech
- Pre-Seed, Seed, Funding Round
- Brazil, Sweden
Portfolio highlights
- Witseed — Witseed is an Edtech formed by a team of passionate about education, technology and cinema, and we aim to reinvent the education experience to help professionals and companies reach their goals. Our focus is to produce quality content connected to the market and made available in our adaptive learning platform, which personalizes the learningexperience. Witseed's great differential was to reverse the logic of the market, and instead of creating content and going to market to get customers, we created a board with the largest companies in Brazil to curate and validate all content to be produced. Each company that believed in the model, one executive indicated to attend the Board of Education, which was structured with follow-up routines to validate the topics that most interested the companies and have greater impact on the challenges that they are going through. Witseed was born in July 2017, with the following clients: Algar, Braskem, BrasilFoods, Sabesp, Siemens, Fiat, Calcenter Group, Saint-Gobain, Oncoclinics, GRSA, Gerdau, CCR, Natura, Grupo Pão de Açúcar, Random, Ecorodovias and FIERGS. This model resulted in a different monetization strategy, since the companies paid development quotas before the product actually existed, and after having a number of companies in the Board, we started the project. It ended up being a funding in the bootstrapping model, with investment coming directly from our customers, through the revenue sold to them: we opened that the investment to create a niche academy, with thematic content, which in this case was the SSAcademy (Shared Services Academy), was almost 1 million, and to that end, we would form a board of companies, which would divide this amount into equal quotas, thus becoming customers of Witseed. As a benefit, they would pay less to gain access to all developed content and would also participate in a Board of Education, curating all content that was to be developed. SSAcademy's first wave of content was delivered two months ago, and companies are already using, with very positive feedbacks. As an indicator of success, we have after 2 months of launching the first version with our content, about 6,000 professionals in the platform, with a satisfaction rating of 4.76 (on a scale of 1 to 5) as well as having several statements from the Directors and Managers who are our clients, as a case of success and innovation in Corporate Education, from being prominent for the agile development of high quality content, even by participating in the innovation of Content Co-construction between companies. Companies have drastically reduced the cost of producing content for education, democratized content for a much larger number of employees and managed to bring better practices from other companies into their training and development areas.
- Octagora — Octagora is a SaaS company specialized in Remote Visual Assistance.
- Vacinas.net — Vacinas.net is the digital hub that connects those who need to be vaccinated with those who do the vaccination.
Sergio Furio is the Founder and Chief Executive Officer at Creditas. Before founding Creditas, he worked at The Boston Consulting Group in New York and Spain. He also worked at Deutsche Bank's Investment Banking Division. Besides Creditas, Mr. Furio serves at the boards of Endeavor Brazil, HBS Alumni Angels Association of Brazil, Juntos SomosMais and Sempre Semente
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- Financial Services, Payments, SaaS
- Seed, Pre-Seed, Series A
- Brazil, Mexico, United States
Portfolio highlights
- WOODEA — Constructora industrializada de edificios en madera. Reducimos incertidumbre y plazos de manera sostenible y digital.
- Latitud — Build good sh*t with Latitud
- Migrante — Immigrant fintech for latam
Bruno Soares is a Brazilian Tennis player and owns fund MadFish.
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- Fitness, Wellness
- Angel
- Brazil
Portfolio highlights
- Ease Labs International — Site Institucional da Ease Labs Group
Brazilian Venture Capital firm investing in early-stage companies in Latam
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- E-Commerce, Information Technology, Software
- Seed, Series A, Pre-Seed
- Brazil, Uruguay, United States
Portfolio highlights
- Caju — At Caju we are creating a benefits platform for the teams of the future. Starting with benefits used every day by most employees, we want teams to use products and services they like and that are fair to merchants and partners. We'll launch soon!
- Vidia — Vidia is a digital marketplace that allows the purchase of surgeries by individuals without access to health plans.
- SuaQuadra — Quadra is a commercial real estate marketplace. Major technology and real estate investors' support, including Kaszek, Canary, ONEVC, and the Cyrela family.
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