# Top 20 Fitness Startup Investors in Brazil in May 2026

## MatterScale Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, FinTech

Founded by a team of former Endeavor executives, Matterscale aims to bridge the seed stage funding gap for Latin founders.

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

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

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

Canary is the first partner of the best founders in Latam.

## Hospital Israelita Albert Einstein
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Fitness, Medical

The Hospital Israelita Albert Einstein is a Brazilian hospital, in São Paulo. It's considered one of the best hospitals in Latin America.

## Bertha Capital
- Type: VC Fund
- Location: Barueri, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Seed, Corporate Round
- Focus: Travel, E-Commerce, FinTech

Bertha Capital provides structural investment in the startups.

## Vox Capital
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Information Technology, Software

Investimentos de impacto para o seu bolso e para o planeta. Retorno financeiro competitivo com impacto socioambiental positivo.

## Scale-Up Venture Capital
- Type: VC Fund
- Location: Palo Alto, California, United States
- Relevant deals: 1

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.

## DOMO Invest
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Information Technology, Software, Financial Services

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.

## Guilherme Bonifacio
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: E-Commerce, Information Technology, Financial Services

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.

## DNA Capital
- Type: VC Fund
- Location: São Paulo, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Health Care, Medical, Hospital

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.

## Dr. Cornelius Boersch
- Type: Angel
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, FinTech

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.

## Endeavor Catalyst
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: E-Commerce, Software, Information Technology

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.

## Endeavor
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Information Technology, E-Commerce

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.

## Fir Capital
- Type: VC Fund
- Location: Horizonte, Rio Grande do Sul, Brazil
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Health Care, SaaS, Wellness

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 BiobrÃ¡s 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 worldÂ´s biggest and best venture capital firms, acquired shareholding interest in FIR Capital. DFJÂ´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.DFJÂ´s portfolio of success stories includes Hotmail, Skype, Baidu, DivX, Mobile365, Overture, 411 and EnerNOC.

## Kortex Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: Medical, Health Care, Fitness

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.

## Caravela Capital
- Type: VC Fund
- Location: Curitiba, Parana, Brazil
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Information Technology, Software

Brazilian Venture Capital firm investing in early-stage companies in Latam

## Criabiz Ventures
- Type: VC Fund
- Location: Sorocaba, Sao Paulo, Brazil
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, B2B, EdTech

Criabiz Ventures is a venture capital firm.

## Sergio Furio
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, Payments, SaaS

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

## Bruno Soares
- Type: Angel
- Relevant deals: 1
- Stages: Angel
- Focus: Fitness, Wellness

Bruno Soares is a Brazilian Tennis player and owns fund MadFish.

## Intel Capital
- Type: VC Fund
- Location: Santa Clara, California, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, Information Technology, Enterprise Software

Intel Capital is uniquely positioned to help build the companies of tomorrow. Our investment team is backed with deep domain knowledge and the resources of Intel to assist companies in their paths to success.

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