Participated · Series A · Feb 2024

Tenchi Security develops third-party cyber risk management (TPCRM) solutions that advance cybersecurity cooperatively and at scale across corporate ecosystems. The company is described as a national leader in TPCRM and is co-founded by Felipe Bouças and Alexandre Sieira. Tenchi is based in São Paulo, Brasil, and participates in Endeavor’s Scale Up Outliers program. It raised $7m in funding in the reported round. Investors in this financing included Bradesco PE&VC, L4 Venture Builder, Accenture, and prior backers MAYA Capital, Kinea and ONEVC. As part of the round Rodrigo Ragazzi, Managing Director of Bradesco Private Equity & Venture Capital, will join Tenchi’s board. With Accenture as an investor, Tenchi joined Accenture Ventures’ Spotlight Project to integrate into Accenture’s global innovation network.

Led · Series A · Sep 2023

Nagro focuses on improving credit decisions for small and medium-sized rural producers and the broader agribusiness supply chain in Brazil. Its core offering combines direct credit origination with AgRisk, a data and AI-powered platform that delivers credit analysis, governance, and continuous risk monitoring to agribusiness companies and financial institutions. Together, Nagro and AgRisk have processed more than 3 million credit analyses, evaluated over 1 million agricultural CPFs and CNPJs, and serve upwards of 1,400 companies. This extensive data infrastructure underpins more predictable lending in a market prone to climatic and operational volatility. With the new funding, the company plans to enhance its data products, deepen predictive models, and strengthen its technology and governance infrastructure. The leadership believes that combining capital with data intelligence and ongoing monitoring is critical for the next phase of agricultural credit. Financial performance metrics such as revenue were not disclosed in the article.

Participated · Series B · Jun 2023

Digibee offers a low-code integration platform and automated tools that let customers create reusable integration flows or pipelines using pre-built components and modules. Its cloud services support development and governance of integrations that connect on-premises and cloud-based processes, apps, services and data across organizations. The company targets enterprise customers and competes with legacy integration vendors such as MuleSoft, Boomi, Software AG and TIBCO as well as larger incumbents including Oracle, SAP, Microsoft and IBM. Digibee plans to drive AI capabilities into the platform and focus on developer enablement to boost productivity. The startup has roughly 280 employees and more than 250 customers, and intends to grow its workforce to over 300 by year-end. Management says recent funding will be used to expand growth in the U.S. and Latin America, with particular focus on expanding customer support in the U.S. Digibee is a low-code integration platform launched in 2017 that helps enterprises build and deploy integration workflows and turn those integrations into reusable business logic. The company also offers “Capsules,” packs of common integrations that can be shared across organizations. Current customers include Accenture, Brazilian stock exchange B3 and retail chain Carrefour. Digibee plans to use new funding to support a U.S. go-to-market strategy and to rapidly grow its employee base across functions. Leadership emphasizes hiring top sales talent to expand global operations and better serve multinational customers. The company positioned its product as addressing a major portion of software spend tied to integrations. Founded in 2017 by Rodrigo Bernardinelli, Peter Kreslins and Vitor Sousa, Digibee provides a platform that creates "connections" between management, sales, marketing and other enterprise systems. The company targets large customers and charges a monthly subscription for each connection, with a minimum contract of R$100,000. Its portfolio includes clients such as Santander, Dasa, Pernambucanas and Accenture, and it serves about 90 businesses. Digibee reported revenue of R$4.8 million in 2019 and aims to quadruple that figure within the year. Headcount grew from 30 to 50 employees and the company plans to reach about 100 employees by the end of 2020. Digibee intends to use new capital to invest in technology and to open a U.S. subsidiary and begin serving its first American customers.

Led · Series A · Feb 2021

Monkey operates a financial marketplace focused on Supply Chain Finance (SCF) programs that pair small and medium enterprises with large buyers and banks, using buyer-sanctioned marketplaces and auction-based pricing through a multi-funder platform. Its network includes large corporates such as Petrobras and Fiat Chrysler, and the company reports 55 large companies on the platform. Monkey saw trading volume surge from about $187 million to $1.5 billion over the course of the year. Founded in 2016 and headquartered in São Paulo, the team numbered about 40 employees at the time of the article and the company planned to double that headcount in 2021. Monkey intends to use new capital to expand operations beyond Brazil across Latin America, improve user experience, and roll out new products such as a credit card marketplace. Founders include CEO Gustavo Müller, Bruno Oliveira, and Felipe Adorno.