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The Venture Codex

SoftBank Latin America

78 SW 7th Street, 9th Floor, Miami, FL, 33130, United States

Overview

SOFTBANK Latin America Ventures (SBLV) is an initiative of SOFTBANK CORP. SBLV is dedicated to helping build the Internet economy in Latin America by focusing on critical resources, technology, capital, and SOFTBANK's comprehensive network of partners in the region.

Total investments
5
Lead investments
3
Investments · 12mo
0
Active investors
4

Sector focus

  • Financial Services
  • Information Technology
  • Venture Capital
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Investment portfolio

  • Reflexivity

    Participated · Series B · Oct 2024

    Reflexivity (formerly Toggle AI) develops AI-powered analytics and tools for the full lifecycle of investment asset and portfolio management. The company combines AI capabilities with institutional-grade analytics to support investors' decision-making and portfolio operations. Reflexivity operates across London, New York City and Tokyo. Jan Szilagyi is CEO and co‑founder. The company raised $30M in a Series B to accelerate its product roadmap and expand delivery of its platform to clients throughout the financial industry. Investors in the round include Greycroft, Interactive Brokers, Stanley Druckenmiller, Greg Coffey, General Catalyst and SoftBank LatAm.

  • Trela

    Led · Series A · Mar 2022

    Trela operates a social-commerce marketplace that enables neighbors to form groups, receive offers via WhatsApp, and buy premium food directly from suppliers with one-click web checkout to reduce costs and eliminate intermediaries. The product gamifies the group-buying experience, provides real-time updates, and relies on local group creators to organize purchases. Founded in 2020 and launched after participating in Y Combinator's Winter 2021 cohort, Trela has grown its team from nine to 32 employees and currently operates in São Paulo and Belo Horizonte. Since its April 2021 seed round the company reports a 30x increase in revenue and average monthly growth of 45%. Suppliers currently handle deliveries while Trela tests its own delivery operations, and the company plans to expand into five more cities by the end of the year. Most of the new funding will be directed to product development and hiring.

  • Birdie

    Led · Seed · Feb 2022

    Founded in 2018, Birdie uses artificial intelligence and natural language processing to aggregate and analyze consumer feedback from more than 150 public and private data sources—ranging from online retailers and app stores to call-center logs and social listening platforms. The platform converts this data into automatic insights that help product teams make strategic decisions throughout a product’s lifecycle. The company serves enterprise customers such as Microsoft, HP, Midea, and Jetson, operating through offices in Miami and São Paulo with a fully remote workforce spread across Europe, the United States, and 13 Brazilian states. Birdie currently supports clients in the USA, Brazil, the UK, Mexico, Spain, and Germany, and plans to expand coverage to Japan, China, Italy, France, India, and Russia by the end of 2022. Management expects to be monitoring 15 countries by year-end while adding new product-team capabilities. The company’s AI engine is designed to maximize competitive advantage for consumer-facing brands by providing accurate, real-time sentiment insights.

  • Gupy

    Led · Equity · Jan 2022

    Gupy is a technology platform that began as an AI-powered recruitment and selection solution and has expanded into digital admission and employee development tools. The company offers a portfolio of integrated HR products including a free jobs marketplace (Portal de Vagas) that lists over 20,000 vacancies per month. Gupy reports more than 1,500 clients, 22.5 million users and customers in over 10 Latin American countries. The startup says it has been growing more than 100% year-over-year. Gupy acquired corporate education startup Niduu in 2021 to bolster its training and development capabilities. With the new capital, the company plans to continue expanding, invest in technology, broaden its solution set, and improve candidate and HR experiences to boost employability in Brazil.

  • Loggi

    Participated · Series F · Mar 2021

    Loggi builds and operates a technology-driven logistics network that handles local and national deliveries, collecting from small and large e‑commerce sellers, transferring goods between cities and delivering to end consumers. The company emphasizes technology to reduce delivery times and improve perceived quality, positioning its platform as an enabler for broader e‑commerce access. Founded in 2013, Loggi historically doubled volume year-over-year and grew 360% in 2020 versus 2019. It has opened dozens of proprietary agencies, six new distribution centers and expanded direct operations to roughly 500 municipalities, reaching about 50% of Brazil’s population. With the new funding, Loggi plans to accelerate national expansion, further increase delivery capacity and continue investing in technology to scale service levels and reach. Loggi offers a minimalist online platform and Android app that lets customers request motorcycle couriers with just two clicks while couriers accept or decline jobs via smartphone. Its algorithm triangulates supply and demand to calculate estimated time and price, and the product includes automatic payments (card or boleto), real-time tracking, and detailed delivery histories and reports. The company supplies couriers with phone chargers and mounts to boost productivity and aims to increase couriers' take-home from roughly 40% to about 80% of a fare without raising customer prices. Loggi began operations in the second half of October and is currently offering services in São Paulo. The startup positions itself to professionalize the local courier sector ahead of imminent regulatory changes and to provide a lower-cost solution for clients. Financially, Loggi launched operations backed by external capital from angel investors.

Team