🦊/Investors

Atlantico

Venture capital

Sao Paulo · Pre-Seed–Series A · 21 people tracked

Also known as GOOD WAVE MANAGEMENT LTDA.

Find your way into Atlantico

4,211 people in our graph share verified history with the Atlantico team — schools, employers, funds. One of them is your warm intro.

Aydin Senkutunlockedknows Ariana Poursartip · together at Shopify (overlapped)
×2knows the team · via Shopify
knows the team · via Netscape
×3knows the team · via Goldman Sachs
knows the team · via MIT Media Lab
×2knows the team · via Morgan Stanley
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Investment thesis

Atlantico focuses on supporting bold, ambitious founders working to build a better future primarily in Latin America but also beyond the region. The firm complements its investing with research, publishing annual reports on the digital transformation of the Latin American market. Its stated mission centers on backing entrepreneurs defining the future of technology and digital business across the region.

Invests inSector AgnosticGlobalLatin AmericaSao Paulo

Source: firm website, verified Sep 15, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $5M
HQ
Sao Paulo, NY, BR
Leads rounds
Leads
Instruments
Equity
Founded
2019
Last 12 months
4 investments
Private fund assets
$101.7M
VC funds
2
Tracked investments
16

Team · 21 people

from the firm's website & curated & public directories
Irit Epellbaum· Product

VP of Product at Solv Health and at Zap/Viva Real, and an early product leader at Trulia.

Marcos Voltolini· AI and Engineering

Former engineering lead at Nextdoor and co-founder at Mercê do Bairro and Pixel Labs.

Rafael Dahis· Growth

Former Global Head of Growth at Instagram, with product-growth experience at Patreon and Twitter.

Founder mafia

2 people who came through Atlantico went on to found or lead other companies.

What they invest in

from 10 of 16 portfolio companies

AI & Machine Learning ×5SaaS ×5E-commerce ×3B2B Marketplaces ×2Consumer ×2Fintech ×2Retail Tech ×2AdTech ×1

HQs:Brazil×5United States×2Germany×1Mexico×1

Investments · showing 13 of 16

founders shown can be your intro path

By year:2026 · 32025 · 12022 · 22021 · 22020 · 210 dated

Oxio Privateoxio.cominSep 2020SEC filingmedium confidence

OXIO operates a cloud-native, API-first Telecom-as-a-Service platform that lets telcos, startups, retailers, banks, and other brands launch and manage their own MVNO or embedded connectivity products without telecom expertise.

AI & Machine LearningCloud ComputingSaaSNew York, US

Nicolas Girard(Co-founder)inJason Hugh Evans(Executive Officer, Director)

BoardMatt Shapiro(Director)Caio Bolognesi(Director)inFrank Ianna(Director)

Board seatJulio Vasconcellos· per SEC Form D · $12M raise · filed Sep 2020

Co-investorsCollab+CurrencyDigital Currency GroupFuture Perfect VenturesKing River CapitalMONASHEESMulticoin Capital+2 more

Akuaakua.lain𝕏

Akua builds modern payment infrastructure for Latin America, offering a universal API and dashboard that let businesses accept and embed payments, run payouts, recurring billing, risk management, and compliance in one system.

AI & Machine LearningData & InfrastructureFintechSaaS

Carlos Marín(CEO)inJuan José Behrend(CTO)inRodrigo Rodrigues(COO)in

Co-investorsFlourish VenturesHTwentyKrealoPropel Venture Partners4um InvestimentosSimma Capital+1 more

Enterenter.deinSeries B · May 2026 · $100.4M

Enter offers heat pumps and photovoltaic systems for homeowners, including online building analysis, expert consultation, system sizing, and installation through certified regional SHK (heating and plumbing) master contractors.

CleantechClimate TechEnergy

Co-investorsCoatue ManagementFoundamentalFounders FundGerman Media PoolSE VenturesTarget Global+4 more

FestaLabfestalab.com.brinMay 2020 · $1.5M

FestaLab is a Brazilian online platform for creating and sharing digital event invitations, letting users edit invitation templates, share via WhatsApp, manage RSVPs, and add gift lists.

ConsumerE-commerceSaaS

Co-investorsbig_betsNorte VenturesTheVentureCityCanary

Fudofu.doAug 2022 · $7.5M

Fudo is a cloud-based platform for restaurants and food businesses in Latin America that integrates point-of-sale, inventory management, payments, and online delivery into a single system.

FoodTechRetail TechSaaSMexico, MX

Co-investorsAndreessen HorowitzHTwentyLatitud VenturesCollaborative FundMAYA CapitalMAYA Capital Ventures

Robbinrobbin.com.brin

Robbin provides embedded B2B financing that lets industrial companies originate sales and finance their distribution networks off-balance-sheet, with reseller payments in installments while the manufacturer is paid upfront and without default risk.

AI & Machine LearningB2B MarketplacesFintech

Leonardo Moura, CFA(Founder)inHenrique Meyer, CFAin

Co-investorsNorte VenturesCanary

Sallvesallve.com.br𝕏

Sallve is a Brazilian skincare and cosmetics brand that sells products directly to consumers, including a lip renewal mask.

ConsumerDirect to ConsumerE-commerceSão Paulo, BR

Co-investorsAstellaKaszek VenturesCanaryEndeavor CatalystQuartzWaldencast

Vambevambe.aiinDec 2025 · $14M

Vambe offers an AI platform that centralizes customer conversations from WhatsApp, Instagram, webchat and other channels into a single customer profile, and uses AI agents to qualify leads, schedule meetings, process payments, and update CRMs.

AdTechAI & Machine LearningMarketing TechSaaSSales Tech

Nicolas Camhi(Founder)inMatias Perez Pefaur(Founder)inDiego Chahuan(Founder)in

Co-investorsCathay InnovationChile VenturesMONASHEESNazcaM13Tekton Ventures

ZAXzaxapp.com.brinOct 2021 · $6M

ZAX is a mobile app-based B2B marketplace connecting fashion retailers with over 1,000 wholesale clothing suppliers from São Paulo districts such as Brás and Bom Retiro.

B2B MarketplacesE-commerceRetail Tech

Co-investorsAllievo CapitalCanaryFlucas VenturesNorte VenturesCaravela CapitalFJ Labs

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Melvi HoldingsOXIO CorpLebane

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Atlantico made?
Atlantico has 16 tracked investments, including 7 dated in the last 24 months.
What stage does Atlantico invest at?
Atlantico invests at the Pre-Seed, Seed, Series A stages.
What is Atlantico's typical check size?
Atlantico typically writes checks of $100K – $5M.
What sectors does Atlantico focus on?
Atlantico focuses on Sector Agnostic.
Where is Atlantico located?
Atlantico is headquartered in Sao Paulo, BR.
Does Atlantico lead rounds?
Yes, Atlantico leads investment rounds.

Media · Podcasts & interviews

featuring the team

#PodKast 201: Julio Vasconcellos: operator (Facebook), founder (Peixe Urbano) and now VC (Atlantico)

K Fund · Julio Vasconcellos

Julio Vasconcellos, Atlantico Managing Partner - LatAm Tech Looks a Lot Like Silicon Valley in 2005

Miguel Armaza · Julio Vasconcellos

Julio Vasconcellos, Atlantico Managing Partner - Making Radical Choices to Save Your Company

Miguel Armaza · Julio Vasconcellos

Images

Atlantico photo

Co-investors · 20

Canary

Canary is a Brazilian venture capital fund founded and led by repeat tech founders that uses a systematic 40+ criteria framework to evaluate startups, positioning itself as the early-stage entry point for top global funds wanting access to Latin American deals. The firm runs JetPack, a program that provides $50k, office space, and operational support to first-time founders living abroad who want to start companies targeting inefficient Brazilian sectors like real estate, healthcare, and financial services.

$250K – $15M
MONASHEES

Monashees is a Latin American venture capital firm backing technology-driven founders building category-defining companies from the region for global markets.

Both backed · 2
$10M
FJ Labs

FJ Labs is an early-stage investment firm specializing in marketplaces and network-effect businesses, taking an angel-style co-investment approach alongside institutional venture funds worldwide.

Both backed · 1
$100K – $3M
Latitud Ventures

Latitud is an early-stage investor and community platform connecting Latin American startup talent with Silicon Valley, including a Fellowship program for founders.

Both backed · 1
$100K – $5M
Flourish Ventures

Flourish Ventures is a global early-stage fintech fund that backs founders building and reshaping financial services and systems.

Both backed · 1
$100K – $5M
Nazca

Nazca is a Mexico City-based venture capital firm investing in technology companies from early stage through pre-IPO, both locally and globally.

Both backed · 1
big_bets

Big Bets is an early-stage investor that partners with founders of software-intensive startups from day one, working closely alongside entrepreneurs to help build large next-generation technology companies.

Both backed · 1
$300K – $2M
MAYA Capital Ventures

MAYA Capital is an early-stage venture fund that backs bold founders driving technological change across Latin America.

Both backed · 1
$100K – $10M
Notable Capital

Notable Capital is a venture capital firm that has partnered with founders for over two decades, backing companies from the earliest stages through to exit.

$5M – $50M
Unknown Ventures

Unknown Ventures is a venture studio based in Austin that provides funding and operational support to early-stage startups at the pre-seed to Series A stage. The firm backs founders seeking to create innovative solutions that improve human experience.

QED Investors

QED Investors is a venture capital firm focused on financial services, founded by former Capital One executives to back founders bringing transparency and fairness to fintech.

$30K – $25M
Global Founders Capital

Global Founders Capital (GFC) is the global venture capital platform of Rocket Internet, investing early and across sectors in fast-growing technology companies.

$637K – $32M
8 more co-investors

Graph VenturesMagma PartnersStellation CapitalDux CapitalJiveworldTokai VenturesAqua SparkGrupo Alura

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

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