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Key people at Endeavor Brasil.
Endeavor Brasil is a São Paulo-based nonprofit organization that identifies, supports, and mentors high-impact entrepreneurs to scale innovative businesses across the country's technology and innovation sectors. Operating as part of an extensive global network present in more than 40 countries worldwide, the entity provides data-driven research, strategic resources, and unified mentorship programs to founders, co-founders, and scaling executives. The organization recently partnered with management consulting firm McKinsey to redesign its core support strategy, establishing a long-term objective to elevate Brazil into a top-10 global entrepreneurial ecosystem by the year 2035. Its network of supported portfolio companies and alumni includes prominent regional technology startups such as ride-hailing platform 99, marketing software provider RD Station, and life insurance managing general agent Azos, among hundreds of others. Endeavor Brasil was founded in 2000 by Mariano Gomide and Geraldo Thomaz.
Key people at Endeavor Brasil.
Endeavor Brasil is the Brazilian arm of the global Endeavor organization, a non-profit network that selects, supports, and invests in high-impact entrepreneurs to build thriving ecosystems in emerging markets.[3] Through programs like Endeavor Scale-Up Brazil, based in São Paulo, it partners with startups to generate business opportunities, expand markets, and scale operations, having made 237 investments primarily in seed and Series A stages across various sectors.[1][5] Its mission centers on the Endeavor Multiplier Effect, where supported founders mentor and invest in the next generation, fostering high-growth entrepreneurship; Endeavor Catalyst, its co-investment fund, backs these entrepreneurs in rounds led by top-tier investors and ranks among top early-stage funders of unicorns outside the US and China.[3][4]
The organization emphasizes impact on Brazil's startup ecosystem by mapping tech diaspora (nearly 400 Brazilian founders/investors/executives), providing data-driven insights, and driving fintech prominence—e.g., Brazilian-led fintechs abroad secured $4.45B in funding.[2] Globally, Endeavor's 2,900+ entrepreneurs have generated $88.5B in revenue and 4M jobs as of 2024.[3]
Endeavor was founded in 1997 as a global network to support high-growth entrepreneurs in emerging markets, evolving into a "Global Network of Trust" with a focus on selection, training, mentoring, and investment via Endeavor Catalyst.[3] Endeavor Brasil emerged as a key chapter, launching initiatives like Endeavor Scale-Up Brazil in São Paulo to target local scale-ups.[1] Its research arm, Endeavor Brazil Research, provides insights into Brazil's entrepreneurial ecosystem, including the 2020s Brazil Tech Diaspora study interviewing 58 expatriates to highlight their global impact and "giving back" to Brazil.[2]
Pivotal moments include establishing Brazil as a fintech leader through alumni like Nubank and Creditas, and Scale-Up's expansion to 237 investments with 19 exits, such as B2B Stack in 2025.[1][2]
Endeavor Brasil rides the wave of Brazil's tech diaspora and fintech surge, where expatriates build global companies (e.g., Brex) yet reinvest locally, countering Brazil's lag in late-stage funding (only 3% Pre-IPO/IPO).[2] Timing aligns with emerging market growth, as Endeavor's model compounds impact in underserved areas, generating $88.5B revenue globally.[3] Market forces like Nubank/Creditas success position Brazil as a fintech hub (44% of diaspora capital), while Scale-Up's 237 deals amplify ecosystem liquidity.[1][2]
It influences by fostering role models, advancing entrepreneurship discourse via proprietary data, and strengthening communities—65% of diaspora respondents call for better Brazilian networks.[2][3]
Endeavor Brasil will likely deepen Scale-Up investments (post-2024 deals like Arvo) and Catalyst's unicorn focus, targeting late-stage gaps in Brazil's ecosystem.[1][4] Trends like diaspora "giving back" and AI/fintech globalization will shape it, potentially boosting Brazil's global priority via more success stories.[2] Its influence may evolve toward hybrid global-local funds, multiplying high-impact founders and solidifying Brazil's role in emerging market innovation—echoing its core mission to transform economies through entrepreneurial networks.[3]