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The Venture Codex

MAYA Capital

Rua Dr. Renato Paes de Barros 1017, 15 andar, Sao Paulo, 04530-000, Brazil

Overview

An early-stage venture firm that supports businesses generating accessibility, transformation and efficiency in Brazil and Latin America.

Total investments
37
Lead investments
13
Investments · 12mo
5
Active investors
2
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Investment portfolio

  • Agent.Shop

    Led · Seed · Aug 2026

    Founded at the end of 2025, Agent.Shop builds an infrastructure that connects inventory, payments, logistics and brand data to enable autonomous commerce via AI agents. Its product suite includes Agent Store for conversational sales, Agent Marketing for engagement and recommendations, Agent CX for post-sale support and GNO (Generative Agent Optimization) to make catalogs and sites more discoverable by AI-based search. The company targets large customers and lists clients such as VAIO, Positivo, Heineken and Grupo Soma, with additional companies in proof-of-concept stages. Agent.Shop aims to position itself as the underlying infrastructure for AI-mediated commerce rather than a single-channel seller. Financially, the startup raised R$5.5 million in a 2025 pre-Seed and expects to hit breakeven by the end of 2026, while planning a follow-on round to finance global expansion.

  • Jusfy

    Participated · Series A · Jul 2026

    Jusfy positions itself as an AI operating system for the Brazilian legal market, offering a platform that aggregates case data and tools for lawyers. The company reports a base of over 60,000 lawyers and 14 million judicial processes on its platform. It launched a payments product, Jusfy Pay, earlier in the year which Quona highlighted as already producing substantially higher revenue per user among adopters. Jusfy plans to invest the Series A proceeds in expanding its financial services, developing new AI-based solutions and launching a student-focused version of the platform. Founded in 2021, the company closed 2025 with 118% revenue growth and expected to grow recurring revenue by about 80% in the following year. The article cites a prior valuation of about $30 million after its pre-Series A and publishes an estimated Series A valuation range of $80M–$106M, though the company did not confirm the new valuation.

  • Jota

    Led · Seed · Apr 2026

    Jota provides a conversational assistant that helps entrepreneurs manage finances by understanding text, audio and photos within WhatsApp and its own app. The product automates categorization of expenses, controls payments, records receivables, issues reminders, and produces proactive financial insights. With the launch of Jota 2.0 the company moved from a reactive responder to an agent that anticipates needs, reporting engagement up to five times that of the prior version in tests. Since its seed round the company has grown to about 300,000 customers and approximately R$3.5 billion in annualized transacted volume. Jota plans to use proceeds from its Series A to accelerate AI infrastructure development and expand assistant functionalities, including studying contextual credit offerings at the moment customers need liquidity. The company emphasizes serving entrepreneurs who manage finances conversationally rather than through spreadsheets or separate banking apps.

  • Azos

    Participated · Series B · Feb 2026

    Founded in 2020 and headquartered in São Paulo, Azos provides customizable life and health insurance policies that allow customers to update coverage and premium payments to fit their needs. The company reported it doubled revenue in 2025 and now manages over US$21.1 billion in policies under management. Azos plans to deploy its Series C proceeds to expand the use of artificial intelligence across its platforms and increase automation. It also intends to use the funds to grow its product offering, scale operations and improve customer experience. The article does not disclose additional financial details such as valuation or prior round specifics.

  • Lerian

    Led · Seed · Jan 2026

    Founded in 2024, Brazil-based Lerian builds an open-source ledger that serves as the core banking system of record, recording, reconciling and auditing transactions. Around this ledger, the company offers complementary, modular products such as onboarding and compliance orchestration, real-time transactional risk assessment, and automated regulatory reporting and operational analytics. The platform is designed to serve both early-stage fintechs and high-volume, regulated financial institutions. Lerian plans to use artificial intelligence to deepen its product capabilities and will invest in technology, go-to-market and customer success functions with the new capital. In the near term, management aims to grow its Brazilian customer base and commercialize additional products, while medium-term plans (24-36 months) include expansion into other Latin American countries and the United States. The company positions itself as a modern, open-source alternative for critical financial infrastructure.

Team