Iporanga Ventures

ActiveVenture Capital

LinkedIn X

Updated: Dec 5, 2025 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Jun 1, 2025	Loadpass	$750K Seed	—	Parallax Ventures, Joao Otavio Oliverio
Feb 1, 2024	Housi	$10.0M Venture Round	—	Accel, Headline (formerly e.ventures), Upload Ventures, Valor Capital Group, Flavio Dias, Ian McNish, Paulo Piccini
May 1, 2023	Covalenty	$1.0M Seed	—	B2 Founders
Feb 1, 2023	Estoca	$6.0M Venture Round	—	Astella, DGF Investimentos
Jan 1, 2023	Parfin	$15.0M Seed	—	DGF Investimentos, LAUNCH, Upload Ventures, Valor Capital Group
Oct 1, 2022	fidu	$5.0M Seed	—	Animoca Brands, B2 Founders, BITKRAFT Ventures, Breakthrough Energy Ventures, Brighter Capital, Broom Ventures, Electric Capital, Ethereal Ventures, EWA Capital, Hartmann Capital, Kaszek Ventures, Lightspeed Venture Partners, Mercury Fund, MetaProp Ventures, MS&AD Ventures, New Age Ventures, Scott Sandell, NFX, Polygon, Seven Seven Six, Soma Capital, Talis Capital, Tenacity Venture Capital, Third Prime, Trajectory Ventures, Tribe Capital, Y Combinator, Andrew Keys, Arash Ferdowsi, Asaf Fybish, Fabian Gomez Gutierrez, Felipe Villamarin, Helen Liang, Jun Hwang, Jutta Steiner, Maya Zehavi, Scott Belsky, Sebastien Borget, Simon Borrero, Steve Aoki, Teck Chia
Jun 1, 2022	Prota Games	$2.0M Seed	—	Israel Salmen
May 1, 2022	SpotOn	$300.0M Series F	—	Altari Ventures, Andreessen Horowitz, Broadway Angels, Capital Factory, Dragoneer Investment Group, DST Global, Foundation Capital, Founders Fund, FTAC Ventures, Hanaco Ventures, LGF, Mischief Venture Capital, monashees, Y Combinator, Arash Ferdowsi, Dylan Field, Roger Laughlin Carvallo, Stewart Butterfield
May 1, 2022	Clubbi	$12.0M Series A	—	Accel, Aleph VC, ALLVP, Better Tomorrow Ventures, FundersClub, Romero Rodrigues, Insight Partners, NFX, Hans Tung, QED Investors, Twenty Seven Ventures, Upload Ventures, Valor Capital Group, Flavio Dias, Ian McNish, Jeronimo Uribe, Paulo Piccini
Apr 1, 2022	Context	$20.0M Seed	—	2048 Ventures, Alt Capital, C2 Investment, Coatue, Data Tech Fund, DST Global, Foundation Capital, Founders Fund, Greenfield One, Jlabs, Khosla Ventures, LAUNCH, LGF, Mechanism Capital, Mischief Venture Capital, monashees, Pale Blue Dot, Pioneer Fund, Prototype Capital, Ride Ventures, Sixth Street, Sound Ventures, Y Combinator, Arash Ferdowsi, Ben Tossell, Claire Hughes Johnson, Dylan Field, Gokul Rajaram, Jaan Tallinn, Kevin Lin, Parker Conrad, Roger Laughlin Carvallo, Scot Wingo, Sebastien Borget, Stewart Butterfield
Apr 1, 2022	Jüsto	$150.0M Series B	—	DST Global, Foundation Capital, Founders Fund, LGF, Mischief Venture Capital, monashees, Y Combinator, Arash Ferdowsi, Dylan Field, Roger Laughlin Carvallo, Stewart Butterfield
Apr 1, 2022	Galena	$17.0M Series A	—	Accel, Bennu, Capital Factory, Jenny Fielding, Scott Hartley, Graph Ventures, Great North Ventures, Romero Rodrigues, Headline (formerly e.ventures), NewFund, Shasta Ventures, Tiger Global Management, Transformation Capital, Upload Ventures, Valor Capital Group, Y Combinator, Flavio Dias, Ian McNish, Mark Cuban, Paulo Piccini
Mar 1, 2022	Wert	$5.0M Seed	—	Parallax Ventures, Joao Otavio Oliverio
Mar 1, 2022	Klavi	$15.0M Series A	—	Bond, Parallax Ventures, Eduardo Wurzmann, Joao Otavio Oliverio
Mar 1, 2022	Hashboard	$7.0M Seed	—	AIX Ventures, Andreessen Horowitz, Bain Capital Crypto, Better Capital, Bombas, Divergent Capital, DST Global, ENIAC Ventures, Flex Capital, Foundation Capital, Founders Fund, FTX Ventures, General Catalyst, Harpoon, LGF, Matrix, Mischief Venture Capital, monashees, On Deck, Pareto Holdings, Redpoint Ventures, Reshape Ventures, Scribble Ventures, Sequoia Capital, Slow Ventures, Techstars, The Hit Forge, Third Kind Ventures, Tribe Capital, Venrock, Y Combinator, Akshay Kothari, Ameet Patel, Arash Ferdowsi, Christian Oestlien, David Peterson, Derrick Li, Dylan Field, Girish Mathrubootham, Jeremy Stoppelman, Jeremy Yap, Kevin Weil, Kunal Shah, Leore Avidar, Nik Sharma, Nitay Joffe, Roger Ehrenberg, Roger Laughlin Carvallo, Sahil Lavingia, Sam Blond, Scott Belsky, Spencer Kimball, Stewart Butterfield, Tony Hawk, Varadh Jain
Jan 1, 2022	Abstra	$2.0M Seed	—	Astella, DGF Investimentos, Four Rivers Group
Jan 1, 2022	Sika Health	$6.0M Seed	—	Battery Ventures, DST Global, Flourish Ventures, Foundation Capital, Founders Fund, GE Ventures, Homebrew, Kickstart Fund, LGF, Mischief Venture Capital, monashees, One Planet Group, Osbon Capital Management, Y Combinator, Arash Ferdowsi, Dylan Field, Roger Laughlin Carvallo, Stewart Butterfield
Jan 1, 2022	Dovetail	$63.0M Series A	—	Accel, Blackbird Ventures Australia, Cota Capital, DST Global, Factor Capital, Felicis Ventures, Foundation Capital, Founders Fund, FPV Fund, IVP, LGF, Long Journey Ventures, Main Sequence Ventures, Matrix, Mischief Venture Capital, monashees, PS Investments, Silverton Partners, Stata Venture Partners, ThirdLove, UpHonest Capital, Y Combinator, Arash Ferdowsi, Dylan Field, Joshua Schachter, Roger Laughlin Carvallo, Scott Banister, Tikhon Bernstam, Vikas Sabnani
Jan 1, 2022	Nilo Saúde	$11.0M Series A	—	Accel, Flourish Ventures, Romero Rodrigues, Upload Ventures, Valor Capital Group, Flavio Dias, Ian McNish, Paulo Piccini
Dec 1, 2021	Clubbi	$5.0M Seed	—	Accel, Romero Rodrigues, Upload Ventures, Valor Capital Group, Flavio Dias, Ian McNish, Paulo Piccini
Dec 1, 2021	Parfin	$6.0M Seed	—	DGF Investimentos, Upload Ventures
Dec 1, 2021	Parrot	$3.0M Seed	—	Also Capital, Alumni Ventures, Awesome Ventures, Adeyemi Ajao, Caffeinated Capital, Daft Capital, DST Global, foobar.vc, Foundation Capital, Founders Fund, Giant Ventures, Jetstream, LGF, Liquid 2 Ventures, Lux Capital, Mischief Venture Capital, monashees, Paradox Capital, Saga, Stellar Capital, The Hit Forge, Virginia Venture Partners, Y Combinator, Arash Ferdowsi, Austin Ogilvie, Dylan Field, Joao Otavio Oliverio, Justin Mateen, Leonardo DiCaprio, Manu Ginobilli, Mattia Astori, Nicholas Francis, Pedro Arnt, Richard Branson, Roger Laughlin Carvallo, Sahin Boydas, Sohila Zadran, Stewart Butterfield, Tom Blomfield, Vineet Jain, William Miller
Nov 1, 2021	Nomo	$3.0M Seed	—	—
Oct 1, 2021	echo3D	$4.0M Seed	—	Altair Capital Management, Igah Ventures, Remagine Ventures, TechAviv Founder Partners, Y Combinator, Martin Schrimpff
Oct 1, 2021	EngFlow	$4.0M Seed	—	Alchemist Accelerator, Andreessen Horowitz, Canary Ventures, Costanoa Ventures, Jenny Fielding, Scott Hartley, Firstminute Capital, Indicator Capital, Mango Capital, monashees, Plug & Play Ventures, Preston-Werner Ventures, Thomvest Ventures, Marcelo Sampaio, Spencer Kimball

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Iporanga Ventures.

Leadership Team

Key people at Iporanga Ventures.

Deep Dive

Iporanga Ventures is an early-stage venture capital firm based in São Paulo, Brazil, focused on investing in the future of finance, particularly in Latin America. Their mission centers on backing diverse founding teams with bold visions to transform financial markets responsibly, with a strong belief in blockchain technology as a foundational element of the future economy. They invest primarily in pre-seed and seed-stage startups developing sound, technology-driven products, especially in fintech, embedded finance, and blockchain sectors. Iporanga Ventures positions itself as a hands-on partner, providing not only capital but also operational support, connections, and expertise to help startups scale from early stages to growth phases[1][3][5].

Founded in 2011, Iporanga Ventures evolved from a traditional asset management and macro fund business into a venture capital fund with a technology-driven approach. The firm’s origins include building in-house algorithmic trading and risk management systems, which shaped its data-driven investment philosophy. Key partners include Renato Valente, who joined in 2020 bringing entrepreneurial and investment experience, and Leonardo, with whom he leads Fund II. Their background combines deep financial market knowledge with startup ecosystem experience, enabling them to support founders through the challenges of building technology companies in Latin America[1][3][4].

Core Differentiators

Unique Investment Model: Focus on early-stage fintech and blockchain startups with a data-driven, technology-first approach rooted in their asset management origins.
Network Strength: Strong connections in Latin America’s financial and tech sectors, leveraging years of expertise and partnerships.
Track Record: Over 30 deals executed, including successful exits, demonstrating capability in identifying and scaling high-potential startups.
Operating Support: Active involvement alongside founders, providing strategic guidance, operational help, and access to a broad network.

Role in the Broader Tech Landscape

Iporanga Ventures rides the wave of fintech innovation and blockchain adoption in Latin America, a region with growing demand for financial inclusion and digital transformation. The timing is critical as regulatory frameworks and market readiness converge to enable new financial products and services. Their focus on responsible innovation and diverse teams positions them to influence the ecosystem by nurturing startups that can reshape financial markets and drive broader economic impact in the region[1][3][5].

Quick Take & Future Outlook

Looking ahead, Iporanga Ventures is likely to deepen its investments in blockchain and embedded finance startups, capitalizing on the accelerating digital finance trend. Their influence may expand as they continue to support founders who address regional financial challenges with scalable technology solutions. Trends such as decentralized finance (DeFi), digital assets, and AI-driven financial services will shape their portfolio and strategic direction, potentially positioning Iporanga as a key player in Latin America’s fintech evolution[1][3][4]. Their commitment to investing in people and technology suggests sustained impact on the startup ecosystem, fostering innovation that aligns with global financial technology shifts.

Sources

Core Differentiators

Unique Investment Model: Focus on early-stage fintech and blockchain startups with a data-driven, technology-first approach rooted in their asset management origins.
Network Strength: Strong connections in Latin America’s financial and tech sectors, leveraging years of expertise and partnerships.
Track Record: Over 30 deals executed, including successful exits, demonstrating capability in identifying and scaling high-potential startups.
Operating Support: Active involvement alongside founders, providing strategic guidance, operational help, and access to a broad network.