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Big Bets

Rua dos Pinheiros, 623, Pinheiros, Sao Paulo, 05422-002, Brazil

Overview

big_bets is a fund that invests exclusively in software-intensive companies, that is, in companies built around code and data. There is a very important belief behind everything we do: we believe that the destiny of every atom is to become an electron. And precisely when an atom is turning into an electron is when the grand investment opportunities emerge. Think about it, this occurred with media (all the money that once flowed into the atoms of magazines, newspapers, radios, and TVs is now in the electrons of social networks, search engines, e-commerces, etc.), with financial products (in the past, banks had a branch on every corner, but today there's a branch in everyone's pocket), with software (the older generation will recall buying software CDs at newsstands or having numerous servers within companies, today much of this is in the cloud), and with entertainment (no need to mention that books, music, and films have become apps on your phone) and so forth. It's precisely for this reason that our investment thesis is centered on identifying the largest industries currently transitioning from atoms to electrons and investing in and backing the entrepreneurs who are best equipped to accelerate this transformation. Therefore, our investments are highly agnostic, covering areas like financial services (Conta Simples, Ume, and Justos), identity (Unico), pharmaceutical industry (Menten AI and Pepper Bio), diagnostics (Huna), media (Festalab, Prota, and Newtail), primary education (Studdy), energy distribution (Lemon), devtools (Lazy AI, DataMilk, NuMind, Croct), among others.

Total investments
24
Lead investments
2
Investments · 12mo
8
Active investors
2

Sector focus

  • Venture Capital
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Investment portfolio

  • Brendi

    Participated · Equity · Jul 2026

    Brendi provides a paid platform that lets restaurants receive and dispatch orders over WhatsApp via text or audio, integrates digital menus and in-chat payments, and supports restaurants’ logistics by integrating with third-party couriers or in-house delivery. Founded in 2020 in São José dos Campos and pivoted to restaurant marketing in 2021, the company expanded its product after 2023 developments in large language models to automate conversational ordering. Today Brendi serves 7,100 establishments across roughly 1,300 Brazilian cities, with 85% of its base in municipalities under 800,000 inhabitants and weekly processed orders rising from 140,000 to 420,000 over the past 12 months. The company reports an ARR of nearly $5 million, projects $8–9 million in ARR by year-end, and targets $20 million ARR and 20,000 restaurant clients by end of 2027. Brendi’s gross margin exceeds 40% and its cash burn is about R$800,000 per month, and management plans to use the recent funding to accelerate growth and restaurant acquisition.

  • Elevify

    Participated · Seed · Apr 2026

    Elevify organizes existing online content—videos, podcasts, books—into structured courses that combine video, audio, text and infographics, offering a free tier and a premium plan (R$84.90 per course in Brazil). The platform runs as an MVP and already lists roughly 30,000 courses per country with a target of 50,000 by August. Elevify has rapidly scaled internationally: it launched in January 2026 across 140 countries and 40 languages, and the U.S. is now its second-largest market after Brazil. User growth accelerated from 5,000 new students per month in January 2025 to 40,000 in July 2025 and 220,000 in March 2026; monthly revenue rose from $15k in July 2025 to $120k in March 2026, reaching breakeven that month. The company plans to expand into B2B and competitive exam preparatory courses, increase its headcount (aiming for about 15 people) and continue product development. Cofounded by Rangel Barbosa (CEO) and Cesar Silva, the team aims to scale to millions of users while keeping an intentionally small core team.

  • BRLA Digital

    Participated · Series A · Feb 2026

    Founded in 2022 by Matheus Moura and Leandro Noel, Avenia (legally BRLA Digital LTD) offers a turnkey, regulated infrastructure layer for businesses that want to add cross-border payments and stablecoin functionality. Its white-label platform supports multi-currency accounts in BRL, USD, and EUR, delivers instant settlement via stablecoins, and supplies centralized reporting tools that integrate directly with Brazil’s Central Bank and Federal Revenue Service. By handling the regulatory burden and technical complexity, Avenia enables clients to launch international payment and crypto-related products faster and more cheaply. The company touts a fully compliant architecture and provides APIs, account management, and reconciliation dashboards as part of its SaaS suite. Fresh capital will be used to deepen product capabilities and scale operations across Latin America and into the United States. Although no revenue or user metrics were disclosed, management positions the firm as a critical financial infrastructure provider for regional fintechs and enterprises.

  • Midnite

    Participated · Series C · Jan 2026

    Midnite operates a proprietary sportsbook and casino platform that it develops entirely in-house, enabling a customer-centric, safety-focused experience for real-money gaming fans. Founded in 2018 by Nick Wright and Daniel Qu, the company launched its sportsbook the same year, added horse racing and casino products in 2023, and has since grown to around 150 employees. Midnite positions itself as a challenger brand aiming for tier-1 operator status and plans to channel new capital into scaling operations, expanding its product team and accelerating international expansion. Its strategy places social features, rewards and live operations at the core of the gaming experience, borrowing best practices from mobile game publishers. The firm is licensed and regulated by the Great Britain Gambling Commission and the Irish Revenue Commissioner. To date, Midnite has raised over $75 million in equity funding and also secured a $100 million credit facility earlier this year to fund marketing initiatives and further growth.

  • FlyMedia

    Participated · Equity · Dec 2025

    FlyMedia develops, licenses and manages influencers that are entirely generated by artificial intelligence, treating each character as a scalable intellectual property from day one. Led by NG.Cash co-founder Victor Trindade, the company aims to build deep, enduring narrative universes rather than disposable social-media content. All characters are conceived to launch simultaneously in several languages and formats, positioning FlyMedia as a next-generation media company. The startup views this model as an evolution beyond the creator economy, enabling automated, data-driven operations at global scale. FlyMedia has secured an initial R$20 million capital injection, but no revenue or user metrics have yet been disclosed. Proceeds will fund the development of its first AI influencers, narrative worlds and cross-platform digital brands. Long-time collaborators from NG.Cash, including Mario Augusto (co-founder) and investors Antônio Nakad and Petrus Arruda, are involved in the venture, reinforcing strategic synergies.

Team