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Provence Capital

Iguatemi Street 151 Cj 201 Itaim Bibi, São Paulo, 01451-011, Brazil

Overview

Provence Capital is an investment structure looking for the best opportunities in the Venture Capital, Private Equity and Real Estate markets. With extensive networking, we seek to co-invest and support innovative projects in various sectors of the economy. Located in São Paulo, we make strategic partnerships with offices around the world in order to expand our areas of operation and solidify our international presence.

Total investments
5
Lead investments
0
Investments · 12mo
0
Active investors
5
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Investment portfolio

  • Agrolend

    Participated · Series C · Oct 2024

    Agrolend operates a lending platform that provides credit at the point of sale for agricultural inputs (seeds, crop protection, crop nutrition) using CPR-F contracts signed via farmers’ WhatsApp. The company leverages a distribution network of more than 150 partners—retailers, industries, and cooperatives—and operates in over 15 Brazilian states across crops including soybeans, corn, coffee, sugarcane, fruits, vegetables and livestock. Agrolend finances loans through issuance of time deposits targeted to agribusiness (LCAs) distributed on major investment platforms. The company has nearly $100M in total funding and reports a capital base of approximately $100M following the latest round. Management says the capital increase will let Agrolend expand credit offerings to industries, retailers and cooperatives without raising its leverage ratio, continuing a history of low‑risk growth. Its stated goal is to grow the credit portfolio to $600M and serve about 10,000 small and medium‑sized farmers. Agrolend is a São Paulo-based financial institution that provides credit to small and medium-sized farmers in Brazil through a digital platform. Led by CEO Andre Glezer, the company originates and formalizes loans in a digital environment via smartphone, partnering with input and equipment distributors, industries and agtechs to finance technology. It operates in more than ten Brazilian states across crops and sectors including soybeans, corn, coffee, sugar cane, fruits, livestock and dairy cattle. Agrolend is targeting expansion to serve up to 10,000 small-to-medium sized farmers and increase its loan book to R$2 billion for the 2023/24 crop season. The company expected its loan book to reach R$250 million by the end of 2022 and will increase equity to R$220 million after the Series B. The business combines digital origination with partnerships and capital markets solutions to scale agricultural credit across Brazil. Agrolend offers a 100% digital credit product for small and medium agricultural producers, with a fast, low-friction underwriting process that completes in under five days and typically does not require physical collateral. The company uses advanced technology to enable an innovative credit model focused on financing diverse agricultural productions and investments in equipment and new technologies. Agrolend emphasizes ESG and social impact by targeting underserved producers across more than 10 Brazilian states and roughly 100 municipalities. Founded in December 2020, the startup says it is currently doubling in size every month. The recent capital will support growth of the credit portfolio, expansion of the team, and improvements to the platform and credit model. Management aims to scale the loan book to R$1 billion and reach 5,000 customers within two years. Agrolend offers an online loan origination platform for small and medium-scale farmers, using advanced technology and innovative credit analysis to underwrite loans without physical collateral. The company partners with traditional agricultural inputs players and supply-chain participants to originate loans and reach growers. Loans range from 50,000 to 300,000 Brazilian reals, run for up to one year, and are repaid after harvest; some loans can be issued as soon as 24 hours after request. Agrolend says it offers lower interest rates than traditional banks and operates the entire process digitally. Founded in December 2020 and based in São Paulo, the startup raised seed capital to scale lending and build its team. It plans to structure a fund that will receive and hold originated loans, with Agrolend selling loans to that debt investment vehicle to enable much larger lending capacity.

  • Rock Content

    Participated · Series B · Oct 2021

    Rock Content offers a suite of content marketing products that cover the full lifecycle for digital marketers, including Visually (a freelance marketplace), Stage (a CMS for content hubs), and Ion (an interactive content platform). The company serves about 2,500 customers worldwide and lists enterprise clients such as Oracle, FedEx, DHL, and Pitney Bowes. Its workforce includes roughly 500 employees and a network of 80,000 content freelancers that support customer strategies. Led by CEO Diego Gomes, Rock Content positions itself as a one-stop shop for CMOs seeking premium content experiences. Following the fundraise, the company plans to invest in marketing, sales, and product innovation and to evolve its content marketing solutions to help brands scale through content.

  • Dolado

    Participated · Seed · Dec 2020

    Dolado offers a no-cost package of digital tools that help small retailers manage sales, inventory, payments and online sales while providing tailored management technology. The startup pairs its platform with trained community leaders who act as business analysts to onboard and advise merchants. Monetization comes from a network of partners whose services are used by the retailers. Founded in July 2020 by Guilherme Freire, Khalil Yassine and Marcelo Loureiro, Dolado has focused on reaching underserved merchants who lack access to existing digital solutions. The company reports more than 3,000 registered businesses and average monthly growth of 77%, aiming to reach 5,000 merchants by the end of 2020. With the new funding, Dolado plans to expand its team and make significant investments in technology and product.

Team

  • Leo Figueiredo

    Founder

  • Marcelo Mitre

    Investment Analyst for Venture Capital

    LinkedIn
  • Ricardo Coelho Duarte

    Venture Capitalist

    LinkedIn
  • Heloisa Salgado

    Impact Investments Analyst

    LinkedIn