15 investors back São Paulo startups at Series A in 2026. Brazil has Latin America's deepest growth capital. Local funds and global money lead the biggest rounds together.
Brazil has real Series A depth and leads Latin America by a wide margin, with local funds steering the biggest rounds while global growth money joins them at the table. Late-stage capital came back strongly in 2025, and growth rounds rose the fastest of any segment that year.
Fintech still leads the largest rounds, but AI is climbing fast right behind it and reshaping where the money flows. Growth rounds demand deep diligence, so Ellty keeps your files in one tracked room where every view is logged.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Kaszek | LatAm multi-stage VC | US$5M-$25M+ | Fintech, SaaS, health, marketplaces | kaszek.com |
| monashees | Brazilian multi-stage VC | US$5M-$40M | Fintech, mobility, health, AI | monashees.com.br |
| SoftBank Latin America Fund | Global growth fund | US$20M-$100M+ | Software, fintech infra | SoftBank LatAm fund |
| General Atlantic | Global growth equity | US$50M-$200M+ | Fintech, software, consumer | generalatlantic.com |
| Riverwood Capital | Growth equity | US$25M-$250M+ | B2B software, IT services | riverwoodcapital.com |
| Warburg Pincus | Global growth equity | US$100M+ | Fintech, paytech, software | warburgpincus.com |
| QED Investors | Fintech VC | US$5M-$30M+ | Fintech, fintech-adjacent | qedinvestors.com |
| Valor Capital Group | Cross-border VC | US$5M-$30M+ | Fintech, consumer, infra | valorcapitalgroup.com |
| Prosus Ventures | Global growth VC | US$5M-$95M | Edtech, health, fintech, food | prosus.com |
| Summit Partners | Global growth equity | US$50M-$125M+ | Fintech, software | summitpartners.com |
| Crescera Capital | Brazilian growth PE | Mid-market growth | Education, health, tech | crescera.com |
| Innova Capital | Brazilian growth equity | Growth-stage cheques | High-growth tech, fintech | innovacapital.com.br |
| Vinci Partners | Brazilian growth PE | US$70M-$90M | Health, education, tech | vincicompass.com |
| Lightrock | Global growth equity | Growth-stage cheques | Health, education, finance | lightrock.com |
| IFC | Development bank | Large institutional | Fintech, SMEs, climate | ifc.org |
Keep your growth data room ready for every fund
Series A funds run deep diligence on your metrics and model. Ellty logs every view so you know who is serious before the call.
Start free 14-day trialWhat a Series A investor backs
A Series A investor backs real growth and wants proof the model scales before they commit, studying revenue and retention until strong numbers win the round. They look for a clear path into a big market, and a clean fundraising file makes that case far easier to read.
Ellty gives each fund one tracked link so the diligence stays organized from the first share. You see who read your numbers first, which tells you where real interest sits before the call.
We saw big rounds, a solid shift to AI taking over, and lots of activity in fintech both in terms of deals and market events.
15 São Paulo Series A investors
1. Kaszek
Kaszek led Kanastra's Series A from a near-US$1B fund.
Recent Activity: Led Kanastra's US$20M Series A
LinkedIn: Kaszek LinkedIn
Sector Focus: Fintech, SaaS, health, marketplaces
Stage Focus: Series A, growth
Check Size: US$5M-$25M+
Location: São Paulo
Website: kaszek.com
2. monashees
monashees co-led Music.AI's Series A round.
Recent Activity: Co-led Music.AI's US$40M Series A
LinkedIn: monashees LinkedIn
Sector Focus: Fintech, mobility, health, AI
Stage Focus: Series A, growth
Check Size: US$5M-$40M
Location: São Paulo
Website: monashees.com.br
3. SoftBank Latin America Fund
SoftBank joined Omie's huge 2025 round.
Recent Activity: Joined Omie's US$160M Series D
Sector Focus: Software, fintech infra
Stage Focus: Series A to growth
Check Size: US$20M-$100M+
Location: International
Website: SoftBank LatAm fund
4. General Atlantic
General Atlantic led QI Tech's path to unicorn.
Recent Activity: Led QI Tech's path to unicorn
LinkedIn: General Atlantic LinkedIn
Sector Focus: Fintech, software, consumer
Stage Focus: Series B, growth
Check Size: US$50M-$200M+
Location: New York
Website: generalatlantic.com
5. Riverwood Capital
Riverwood led a growth round in netLex.
Recent Activity: Led a US$24M growth round in netLex
LinkedIn: Riverwood Capital LinkedIn
Sector Focus: B2B software, IT services
Stage Focus: Growth equity
Check Size: US$25M-$250M+
Location: Menlo Park / SP
Website: riverwoodcapital.com
6. Warburg Pincus
Warburg Pincus put US$125M into Contabilizei.
Recent Activity: Put US$125M into Contabilizei
LinkedIn: Warburg Pincus LinkedIn
Sector Focus: Fintech, paytech, software
Stage Focus: Growth, PE
Check Size: US$100M+
Location: New York
Website: warburgpincus.com
Share one link with every São Paulo growth fund
Ellty shows when a fund opens your metrics. Follow up at the right moment, not days later.
Start free 14-day trial7. QED Investors
QED led Velotax's Series A round.
Recent Activity: Led Velotax's R$125M Series A
LinkedIn: QED Investors LinkedIn
Sector Focus: Fintech, fintech-adjacent
Stage Focus: Series A, B, growth
Check Size: US$5M-$30M+
Location: Virginia
Website: qedinvestors.com
8. Valor Capital Group
Valor co-led Velotax's Series A round.
Recent Activity: Co-led Velotax's Series A round
LinkedIn: Valor Capital Group LinkedIn
Sector Focus: Fintech, consumer, infra
Stage Focus: Series A, growth
Check Size: US$5M-$30M+
Location: New York / SP
Website: valorcapitalgroup.com
9. Prosus Ventures
Prosus led e-prescription firm Mevo's round.
Recent Activity: Led e-prescription firm Mevo's round
Sector Focus: Edtech, health, fintech, food
Stage Focus: Series A to growth
Check Size: US$5M-$95M
Location: International
Website: prosus.com
10. Summit Partners
Summit led Celcoin's Series C round.
Recent Activity: Led Celcoin's US$125M Series C
LinkedIn: Summit Partners LinkedIn
Sector Focus: Fintech, software
Stage Focus: Growth
Check Size: US$50M-$125M+
Location: Boston
Website: summitpartners.com
11. Crescera Capital
Crescera backed AI SaaS firm ColmeIA.
Recent Activity: Backed AI SaaS firm ColmeIA
LinkedIn: Crescera Capital LinkedIn
Sector Focus: Education, health, tech
Stage Focus: Growth equity
Check Size: Mid-market growth
Location: São Paulo
Website: crescera.com
12. Innova Capital
Innova backed BaaS fintech Celcoin.
Recent Activity: Backed BaaS fintech Celcoin
Sector Focus: High-growth tech, fintech
Stage Focus: Growth
Check Size: Growth-stage cheques
Location: São Paulo
Website: innovacapital.com.br
13. Vinci Partners
Vinci runs a large Brazilian growth fund.
Recent Activity: Runs a US$1B growth fund
LinkedIn: Vinci Partners LinkedIn
Sector Focus: Health, education, tech
Stage Focus: Growth, mid-market
Check Size: US$70M-$90M
Location: Rio de Janeiro
Website: vincicompass.com
14. Lightrock
Lightrock backs LatAm growth from a new fund.
Recent Activity: Closed a ~US$330M LatAm fund
LinkedIn: Lightrock LinkedIn
Sector Focus: Health, education, finance
Stage Focus: Growth
Check Size: Growth-stage cheques
Location: International
Website: lightrock.com
15. IFC
IFC had a record Brazil year in 2024.
Recent Activity: A record US$7.3B Brazil year in 2024
LinkedIn: IFC LinkedIn
Sector Focus: Fintech, SMEs, climate
Stage Focus: Funds and growth
Check Size: Large institutional
Location: Washington DC
Website: ifc.org
Why Brazil has deep growth capital
Brazil has real late-stage money that dwarfs the rest of LatAm, with local funds leading the big rounds while global growth money follows them in. Mega-rounds returned in 2025 and growth deals climbed fast, building on a market that now has the depth to fund scale at home.
Big exits draw fresh capital back, and each one pulls in more funds chasing the next winner. Ellty keeps your growth data ready for that demand, and you can see our São Paulo seed investors guide for the earlier stage too.
Where the growth money goes
Fintech leads the growth rounds, but AI is rising fast behind it as funds chase the next platform shift. Software and health draw money too, and profitable scale is what wins capital now rather than growth at any cost.
Growth files hold sensitive data, so keep them in one virtual data room where access stays controlled. Funds favor a clear path to profit over pure burn, and Ellty logs who opened each file so you can track every fund with document analytics.
From Series A to a global scale-up
A Series A funds your real growth, and the next round funds the global reach that follows it. Keep backers close with steady updates, and lean on investor relations tools to make that cadence easy to sustain.
A clean metrics room speeds the round, so have it ready before the first call rather than scrambling after. Read our due diligence timeline guide to know what each fund checks first, and see the red flags funds watch for as Ellty stores every file in one room.
How to pitch a Series A investor
Lead with strong growth numbers.
- 1.Lead with strong growth numbers.Show revenue that climbs month after month, because that trend is the first thing a Series A fund looks for. Make the growth rate impossible to miss on the very first slide.
- 2.Prove the model scales well.Funds want a clear path from your current numbers to a much larger business. Show the unit economics and the levers that let revenue grow far faster than cost.
- 3.Share one Ellty link to your data.Give each fund a single trackable link instead of scattered email attachments. You keep every file in one place and control who can open what.
- 4.Follow up the day a fund digs in.Ellty shows the exact moment a partner opens your metrics and how long they stay. Use that signal to reach out while your deck is still on their screen.
How Ellty helps you land a Series A investor in São Paulo
You've shortlisted your São Paulo Series A investors. Set up a data room before the first call.
- 1.Upload your metrics, deck, and plan.Set access per fund or partner.
- 2.Share one trackable link with each fund.Each fund gets its own link.
- 3.Watch opens and follow up on time.Use analytics to time each nudge.
São Paulo Series A investor questions
- Kaszek and monashees lead big rounds. Global growth funds join.
- Yes, it has LatAm's deepest capital. Late-stage money came back.
- Often US$5M to US$40M. Growth rounds reach hundreds.
- Yes, it rose fast in 2025. Mega-rounds returned to Brazil.
- Real growth and a big market. A model that scales well.
- Before your first Series A call. Track who opens your numbers.
