Fundraising Fox

Astella

Venture capital

São Paulo · Pre-Seed–Series B · 16 people tracked

Also known as Astella Investimentos

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Investment thesis

Astella invests at early stages, leading Pre-Seed, Seed, and Series A financing rounds. The firm seeks strong alpha through sector diversification, with a particular focus on SaaS, Marketplace, and Consumer companies. Deeply tied to the development of Brazil's VC ecosystem, Astella has run multiple Journey funds since 2010 and supports founders through knowledge platforms like Astella Matrix, the Astella Expert Network, and the AstELLAS mentorship program for women entrepreneurs.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series B
HQ
São Paulo, BR
Leads rounds
Leads
Instruments
Equity
Founded
2010
Last 12 months
1 investment
AUM
$300M
Tracked investments
48

Team · 16 people

from the firm's website & curated & public directories

What they invest in

from 39 of 48 portfolio companies

SaaS ×15AI & Machine Learning ×10Fintech ×10Media & Entertainment ×8Enterprise Software ×6Marketing Tech ×4B2B Marketplaces ×3E-commerce ×3

HQs:Brazil×29United States×2Spain×1United Kingdom×1

Who they back

founder profiles across 7 portfolio companies

Accelerator rootsportfolio companies that came through a program

Techstars ×2Y Combinator ×2

Investments · 48 tracked

founders shown can be your intro path

By year:2025 · 12020 · 12019 · 13 dated

Amicciamicci.com.brin

Amicci operates a private-label execution platform in Brazil that connects retailers with certified manufacturers to design, quote, develop, and launch own-brand products.

B2B MarketplacesRetail TechSaaSSão Paulo, BR

Danusa Tavares(Founder)

Aprova Digitalaprovadigital.com.brin

Aprova Digital provides a cloud platform for managing electronic government processes, letting municipalities create, route, sign, and track documents with AI-assisted workflows and a citizen services portal.

AI & Machine LearningGovTechSaaSCascavel, BR

Co-investorsVox Capital

Bem-Te-Vibemtevi.comin

Bem-Te-Vi offers a protection-as-a-service platform that lets partners launch embedded insurance and assistance products without building their own operation, combining insurance and assistance services with APIs, adaptable interfaces, and real-time KPI dashboards.

FintechInsurTechSaaS

Birdiebirdie.carein𝕏

Birdie builds integrated software for homecare agencies to manage care operations, patient information, and team coordination.

Digital HealthEnterprise SoftwareHealthtechSaaSLondon, GB

Max Parmentier(Founder)in

Co-investorsIndex VenturesOMERS VenturesIlluminate Ventures

Birdiegetbirdie.ioin

Birdie is an AI assistant that helps sales and prospecting teams research leads, generate personalized outreach copy, and manage follow-ups integrated with existing sales tools.

AI & Machine LearningEnterprise SoftwareSaaSSales TechSan Francisco, US

Daniel Hung(Co-founder / CEO)in

Co-investorsTRAC (Third Round Analytics Capital)Wayfinder VenturesY CombinatorIlluminate VenturesIndex Ventures

Birdiebirdie.aiin

Birdie is a customer context platform that connects customer signals — surveys, reviews, support tickets, voice calls, chats, and social mentions — and uses AI to diagnose issues by root cause, score interactions, and route decisions into workflow tools.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsFusionIlluminate VenturesSoftBank Group

Bornlogicbornlogic.comin

Bornlogic offers a local digital marketing platform that lets brands, franchises, stores, agencies, and sales staff create, approve, and manage geolocated omnichannel campaigns and content in a single place, with support for generative AI.

AdTechMarketing TechSaaS

BossaBoxbossabox.cominOct 2020

BossaBox is a technology consultancy that provides on-demand elite engineering squads and individual talent, along with an AI-native "Digital Operating Model" to help medium and large companies build and deliver digital products faster.

AI & Machine LearningB2B MarketplacesFuture of WorkSao Paulo, BR

Andre Abreu(Andre Abreu is the sole manager of the Company)

BotCitybotcity.devin𝕏

BotCity provides a centralized platform for managing Python scripts created by AI or human developers, offering orchestration, monitoring, security controls, and governance capabilities.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

Lorhan Caproni(Founder)inGabriel Archanjo(Founder)in

Co-investorsAlexia VenturesFirestreak VenturesNorte VenturesY CombinatorFour Rivers GroupUpload Ventures

Cayena Holdings Limitedcayena.comin

Company Picus backed from its earliest steps.

Madrid, ES

Raymond Shayo(Founder)inES Raymond Shayo(Founder)Gabriel Sendacz(Co-Founder)inPedro Carvalho(Co-Founder & CEO)

Co-investorsCanaan PartnersClocktower VenturesFEMSA VenturesMSA NovoNorte VenturesPICUS CAPITAL+2 more

Ciatech
Cientycienty.com.brin

Cienty operates a free purchasing platform that connects neighborhood pharmacies and small chains with distributors and industry suppliers, letting pharmacies compare prices across distributors, check real-time stock, and place orders.

AI & Machine LearningB2B MarketplacesRetail Tech

ClickSignclicksign.comin

Clicksign provides an electronic and digital signature platform with legal validity under Brazilian law, letting businesses send and sign documents via WhatsApp, SMS, and email using multiple authentication methods.

FintechLegalTechSaaS

Croctcroct.comin𝕏

Croct provides a customer data platform that integrates with e-commerce, content management, and marketing tools to unify customer profiles and behavioral data.

AdTechData & InfrastructureMarketing TechSaaSSão Paulo, BR

Co-investorsbig_betsTechstars

DeliRecdelirec.com

Delirec is an affiliate review site that ranks and reviews offshore online casinos accepting Australian players, covering pokies, live dealer games, bonuses, banking methods, and licensing.

GamingMedia & Entertainment

Destaxadestaxa.com.brin

Destaxa provides payment transaction routing technology that lets businesses parametrize transactions and route them across acquirers to find the most favorable rates.

FintechSaaS

Co-investorsClocktower VenturesNorte VenturesQuona Capital

Dualtecbaguete.com.brin𝕏

Baguete is a Brazilian technology news outlet publishing articles on the tech market, covering companies, executives, fintech, cloud, cybersecurity and enterprise software.

Media & Entertainment

Estocaestoca.com.brin

Estoca provides software and logistics services that help D2C e-commerce brands in Latin America manage warehousing, fulfillment, and delivery operations more efficiently.

E-commerceEnterprise SoftwareLogistics & Supply ChainSão Paulo, BR

Caio Almeida(Founder)inRodrigo Cava(Founder)in

Co-investorsK50 VenturesY Combinator

Gabrielgabriel.com.brin

Gabriel is a Brazilian technology company that installs networked security cameras (its "Camaleão 2") on private properties facing public streets, using automatic license plate reading to identify vehicles involved in crimes and alert authorities in real time.

AI & Machine LearningGovTechHardware

Co-investors4M HoldingAlter GlobalNorte VenturesQualcomm VenturesSoftbank Latin America FundSoftBank Group

Gavea Marketplacegavea.comin

Gávea is an asset management firm offering global macro multimarket funds and private equity strategies to investors.

Fintech

Govegove.digitalin

Gove Digital provides specialized software for municipal governments to automate municipal services, improve citizen support, and recover revenue.

GovTechSaaS

GuiaVetguia.vet
Homelendhomelend.com.br

Homelend is a Brazilian platform that helps people choose a home, location, and payment plan, using a partner network of real estate agents and its own system to simplify the purchase, contracting, and mortgage financing process.

FintechMarketplacesPropTechBarueri, BR

Indabandinda.band
JOTAjota.infoin𝕏
Kenobyneofeed.com.brin𝕏

NeoFeed is a Brazilian online business and financial news outlet, publishing coverage of markets, companies, investments and the economy.

Media & Entertainment

Kompa Saúdekompa.com.brin

Kompa provides an AI-based clinical triage platform that manages the patient health journey, determining when, where, and with whom each patient should be treated to reduce unnecessary consultations and emergency room overload.

AI & Machine LearningDigital HealthHealthtech

Lastlinklastlink.comin

Lastlink is a platform for selling digital products such as online courses, mentorships, workshops, e-books and templates, handling checkout, recurring or one-time payments, member management, and sales funnels.

Creator EconomyEdTechFintech

Leapyleapy.com.brin

Leapy runs a youth apprenticeship program in Brazil that helps companies fill their legal apprentice quota, offering training tracks and hands-on projects to develop young talent along with a management platform to track program data and development indicators.

EdTechFuture of WorkHR Tech

Livancelivance.com.brin

Livance provides modern shared clinical spaces (coworking) and management services for doctors and other healthcare professionals in Brazil, charging a monthly fee plus scheduled or used minutes.

HealthtechPropTechSaaS

Fábio Medaglia Soccol, MD. MBA.(Founder)inClaudio Mifano, CFA(Founder)in

Co-investorsMONASHEES

Movensmovens.com.brin

Movens offers an AI financial agent that operates through WhatsApp to monitor an e-commerce business, analyze finances, track suppliers, and make payments.

AI & Machine LearningE-commerceFintech

Naveggglobo.com

Globo.com is a Brazilian web portal offering news, sports, entertainment, and streaming content, including regional and national coverage.

ConsumerMedia & Entertainment

Co-investorsAlexia VenturesInsper Angels

Omieomie.com.brinSep 2025

Omie provides a cloud-based ERP system for small and medium-sized businesses in Brazil, offering business management tools with customer support and online subscription.

Cloud ComputingFintechSaaS

Marcelo Lombardo(Founder)in

Co-investorsRiverwood CapitalSoftbank Latin America FundBrasil CapitalPartners GroupSoftBank Group

Portal Educaçãoportaleducacao.com.brin

Portal Educação is a Brazilian online distance-learning (EAD) platform offering more than 1,300 courses with digital certificates across fields such as nursing and education.

EdTechSão Paulo, BR

Purple Metricspurplemetrics.com.brin

Purplemetrics offers a product aimed at marketing leaders, along with a community for sharing marketing insights and research.

Marketing TechSaaS

Qulture Rocksstartups.com.brin

Startups.com.br is a Brazilian news and media outlet covering the startup, technology, and venture capital ecosystem, publishing articles on funding rounds, M&A, fintech, and artificial intelligence.

Media & Entertainment

RD StationSep 2019

Grand Cayman

Eric Nilson De Castro Santos(Executive Officer, Director)Bruno Cavaler Ghisi(Director)Angel Uribe(Director)Patrick Arippol(Director)Guilherme Figueiredo Lopes(Director)

BoardManoel Lemos(Director)in

Co-investorsRiverwood CapitalRedpoint eventures

Resultados Digitais

Co-investorsHeadlineHeadline Growth Management, LLC

Sallvesallve.com.br𝕏

Sallve is a digital-native dermocosmetics brand that develops skincare formulas based on scientific research and active input from its online community.

ConsumerDirect to ConsumerE-commerceSão Paulo, BR

Co-investorsKaszek VenturesAtlanticoCanaryEndeavor CatalystQuartzWaldencast

ShareFilesharefile.comin𝕏

ShareFile provides secure file sharing, document collection, e-signature capabilities, and automated workflow management for teams collaborating with clients, partners, and vendors.

Enterprise SoftwareSaaS

Co-investorsBlack Diamond VenturesBrightstone Venture CapitalCID CapitalConcord Health PartnersH Venture PartnersRiverVest Venture Partners+1 more

Silverguardsosgolpe.com.brin

SOS Golpe is a social anti-fraud service in Brazil that lets victims of digital scams file a report in minutes and requests preventive blocking of the transferred funds at the recipient bank.

CybersecurityFintech

Skorebraziljournal.comin𝕏

Brazil Journal is a Brazilian business and finance news outlet publishing articles, podcasts, and sponsored content covering companies, markets, investments, and the economy.

Media & Entertainment

Co-investorsCanary

Sledsled.com.br

Co-investorsCuritiba Angels

Smartbillfintechs.com.brin𝕏

The site publishes articles about cryptocurrency fintechs, bitcoin brokers, and blockchain topics, written in Portuguese.

Media & Entertainment

Topstertopster.com.br
Traivetraivefinance.comin𝕏

Traive is a technology company that connects agricultural producers and investors by transforming complex agricultural data into precise credit risk analyses and liquid financial assets.

AgTechAI & Machine LearningFintechSão Paulo, BR

Co-investorsBread And Butter Ventures, LlcCapria VenturesCultiv8 Funds ManagementSP VenturesTechstarsYellow Rocks!

Zipiazipia.com.brin

Zipia connects Brazilian insurance and consortium brokerages with qualified leads sourced from its web portals, delivering interested users via live phone or chat with data pre-loaded into the broker's multi-quote tool or CRM.

InsurTechMarketing TechSales Tech

Zygoexame.comin

EXAME is a Brazilian business journalism outlet that publishes news, analysis, and a print magazine covering business, economy, technology, and markets.

Media & Entertainment

Co-investorsCuritiba AngelsInsper Angels

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Astella made?
Astella has 46 tracked investments, including 1 dated in the last 24 months.
What stage does Astella invest at?
Astella invests at the Pre-Seed, Seed, Series A, Series B stages.
What sectors does Astella focus on?
Astella focuses on Consumer, Enterprise Software, Marketplaces, SaaS.
Where is Astella located?
Astella is headquartered in São Paulo, BR.
Does Astella lead rounds?
Yes, Astella leads investment rounds.
Who does Astella co-invest with?
Astella most often shares deals with Norte Ventures, Clocktower Ventures, Softbank Latin America Fund, among 37 tracked co-investors.

Media · Podcasts & interviews

featuring the team

A Ciência do Crescimento nas Startups, com Edson Rigonatti, fundador da Astella | TalksbyLeo 195

TalksbyLeo Podcast · Edson Rigonatti

#21 Better Deals | Edson Rigonatti | Astella: entenda a tese e processo de investimento em startups

Questum · Edson Rigonatti

Como se tornar um product Manager com Edson Rigonatti - VC Astella | Café com Produto #40

Cafe Produto · Edson Rigonatti

#PodKast 189 Edson Rigonatti (Astella): from opening to Nirvana to chasing unicorns in Brazil

K Fund · Edson Rigonatti

Growth Talks presencial com o Edson Rigonatti da Astella Invest

GLA | Growth Leaders Academy · Edson Rigonatti

Deep Growth #15 - Venture capital, Growth, filosofia e aprendizagem - Edson Rigonatti, Astella

GLA | Growth Leaders Academy · Edson Rigonatti

Images

Astella photoAstella photoAstella photoAstella photoAstella photoAstella photoAstella photoAstella photo

Co-investors · 16

Headline

Headline is a global venture capital firm investing in early- and growth-stage founders, with teams on the ground across multiple continents.

Both backed · 1
Resultados Digitais
$661K – $103M
PICUS CAPITAL

Picus Capital is a privately financed venture capital investor focused on early-stage technology ventures, having backed over 170 companies with a long-term, entrepreneur-aligned approach.

$100K – $300M
Illuminate Ventures

Illuminate Ventures is an early-stage venture firm focused on B2B/enterprise software companies, typically serving as a startup's first institutional investor and leading Series Seed rounds.

Both backed · 1
$100K – $1.5M
Redpoint eventures

Redpoint eventures is a venture capital firm supporting entrepreneurs by combining local and global VC benefits, including company building, financing, and exit support. It co-founded Cubo, a leading tech entrepreneurship hub in Latin America.

Both backed · 1
RD Station
Upload Ventures

Upload Ventures is an investment firm focused on supporting Latin American founders and leaders, positioning itself as a hands-on partner providing capital, support, and experience throughout a company's journey.

Both backed · 1
$1M – $10M
Four Rivers Group

Four Rivers Group is a venture capital firm investing in expansion-stage technology companies across global markets, offering flexible financing structures with no minimum check size or ownership requirements.

Both backed · 1
SP Ventures

SP Ventures is a venture capital firm focused on agriculture and food technology, backing entrepreneurs building innovations in smarter agriculture, lower emissions, and more resilient food systems.

Both backed · 1
Yellow Rocks!

Yellow Rocks! is a venture fund whose partners each bring their own areas of expertise, investing in startups across selected industries.

Both backed · 1
$90K – $6M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

$500K – $50M
Red Swan Ventures

Red Swan Ventures backs founders at the earliest stage, aiming to be a founder's first outside capital, focusing on companies born from platform shifts and cultural insight that serve enduring human needs.

$500K – $1M
DGF

DGF is a venture capital firm focused on investing in software companies, partnering with entrepreneurs building potential market leaders.

4 more co-investors

DOMO.VCC3 VenturesIgah VenturesGrupo Globo - Mídia e Conteúdo

Firms observed investing alongside Astella, from public investor directories. Shared companies are the overlap with Astella's recorded portfolio.

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