/Investor DB

Atlantico

Venture capital

Sao Paulo · Seed–Series A · 21 people tracked

Also known as GOOD WAVE MANAGEMENT LTDA.

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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 29, 2026.

Stage
Seed–Series A
Check
$100K – $5M
HQ
Sao Paulo, BR
Leads rounds
Leads
Instruments
Equity
Founded
2019
Last 12 months
6 investments
Private fund assets
$101.7M
VC funds
2
Tracked investments
23
Acquisitions
1

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

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

What they invest in

from 16 of 23 portfolio companies

SaaS ×8AI & Machine Learning ×6Fintech ×4E-commerce ×3B2B Marketplaces ×2Consumer ×2Digital Health ×2FoodTech ×2

HQs:Brazil×9Mexico×2United States×2Germany×1

Investments · 23 tracked

founders shown can be your intro path

By year:2026 · 42025 · 22024 · 22022 · 22021 · 32020 · 316 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+5 more

180 Seguros180s.com.brin

180 Seguros is an insurance operations platform that provides end-to-end insurance management solutions, enabling fintechs, banks, cooperatives, and other financial institutions to integrate insurance as a strategic financial product while maintaining focus on their core business.

FintechInsurTechSaaSSão Paulo, BR

Franco Lamping(Founder)inMauro Levi D'Ancona(Founder)inAlex Koerner(Founder)Alex Korner(Founder)

Co-investors8VCEndeavor CatalystFJ LabsMONASHEESNorte Venturesbig_bets+3 more

Akuaakua.lain𝕏Seed · Oct 2025 · $9M

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 VenturesHTwentyKrealoPlug and Play VenturesPropel Venture Partners4um Investimentos+3 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 PoolLoric Venturesnoa+8 more

Enterenter.ru

Henrique Vaz(Founder)Maksim Nogotkov(Founder)Mateus Costa-Ribeiro(Founder)Michael Mac-Vicar(Founder)

Co-investorsFoundamentalFounders FundGerman Media PoolKaszek VenturesnoaPartech Ventures+3 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.doSeed · Aug 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 HorowitzFJ LabsHTwentyLatitud VenturesMAYA Capital VenturesCollaborative Fund+3 more

Gabrielgabriel.com.brinSeed · Jan 2020 · $2M

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 GlobalAstellaGrupo Globo - Mídia e ConteúdoNorte VenturesQualcomm Ventures+4 more

Genial Caregenialcare.com.brJan 2024 · $10M

Genial Care operates a network of clinics ("Casas Geniais") providing evidence-based, multidisciplinary therapy (psychology, speech therapy, occupational therapy, and ABA) for children up to 7 years and 11 months diagnosed with autism, along with parental guidance.

Digital HealthHealthtechMental HealthSão Paulo, BR

Kenny Laplante(Founder)

Co-investors1616 VenturesBeta VenturesGeneral CatalystIKJ CapitalCanaryIKJ Health Innovation

Kanastrakanastra.com.brin

Kanastra provides fiduciary services and software for structured funds, securitizations, and credit operations, along with banking services for credit transactions.

FintechSaaS

Manuel Netto(Founder)inGustavo Mapeli(Founder)Manuel Netto Gustavo Mapeli(Founder)

Co-investorsCapria VenturesClocktower VenturesCollaborative FundF-Prime CapitalKaszek VenturesLatitud Ventures+5 more

Pipo Saudepiposaude.com.brin

Pipo Saúde offers a health benefits management platform for companies in Brazil, combining technology with human support to administer employee health plans, reduce claims costs, and lower plan readjustments.

Digital HealthHealthtechInsurTech

Co-investorsFJ LabsKaszek VenturesMONASHEESOnevc Venture Partners LlcThrive Capital

Robbinrobbin.com.brinSeed · May 2026 · $8M

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, CFAinHenrique Meyer(Founder)Leonardo Moura(Founder)Tomás Corrêa(Founder)

Co-investorsCaravela CapitalClocktower VenturesCrescera CapitalNorte VenturesTomorrow CapCanary

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

Soopersooper.com.brSeed · May 2021acquired by TuL · Jun 2024

Sooper was a Brazilian B2B online marketplace connecting construction-material suppliers and distributors with small retailers, also offering retailer credit financing.

Co-investorsAlter GlobalGrupo Globo - Mídia e ConteúdoKaszek Ventures

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-investorsBridge LatamCathay InnovationChile VenturesM13MONASHEESNazca+1 more

Worky Worky Workyworky.mxin𝕏

Worky is a payroll and human resources management platform for Mexican companies that automates the calculation, legal filing, and distribution of employee payments in real time, while managing workforce operations from hiring through payroll processing.

Enterprise SoftwareHR TechSaaSMexico City, MX

Maya Dadoo(Founder)inCarlos Marina(Founder)

Co-investorsAcadian Ventures Management, LlcAmador HoldingsBDev VenturesBoost Capital PartnersFirst Check VenturesIGNIA+7 more

Xpert Seaxpertsea.com

KAMPI is an app and platform that uses machine learning and AI to turn shrimp farmers' daily records into recommendations for managing biomass, biological and environmental parameters, feeding, and profitability across the harvest cycle.

AgTechAI & Machine LearningFoodTech

Valerie Robitaille(Founder)

Co-investorsAqua SparkDesigner FundFounderFuelQED Investors

ZAXzaxapp.com.brinSeries A · Oct 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 CapitalCanaryCaravela CapitalCRIVO VenturesFJ LabsFlucas Ventures+3 more

Other

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

Melvi HoldingsOXIO CorpFroot PopsLebaneOnze

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.

Exits · 1

1 acquisitions

Sooperacq. by TuL

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Atlantico made?
Atlantico has 23 tracked investments, 1 of which have exited, including 7 dated in the last 24 months.
What stage does Atlantico invest at?
Atlantico invests at the 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
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.

$100K – $3M
MONASHEES

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

$10M
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 – $20M
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.

$300K – $2M
Latitud Ventures

Latitud is an early-stage venture firm backing Latin American founders, providing first checks with founder-friendly terms and a fellowship program that connects LatAm talent to Silicon Valley.

Both backed · 2
$100K – $5M
Nazca

Nazca is a Mexico City-based capital innovation firm founded in 2014 that backs technology founders across Latin America, investing from early stage through pre-IPO.

Both backed · 2
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.

Both backed · 1
$1M
Flourish Ventures

Flourish Ventures is a global venture capital firm focused on financial health and fintech innovation, investing in early-stage companies across the US and emerging markets. It grew out of the Omidyar Network and is funded entirely by the Omidyar family.

Both backed · 1
$100K – $5M
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
Aqua Spark

Aqua-Spark is a global investment fund focused on sustainable aquaculture, backing companies across the aquaculture value chain including fish farms, feed mills and hatcheries.

Both backed · 1
Notable Capital

This page announces that GGV Capital split into two separate firms in March 2024: Granite Asia (Singapore, covering APAC) and Notable Capital (US, based in Silicon Valley with offices in San Francisco and New York, investing in the US, Israel, Europe, and Latin America).

$5M – $50M
▶8 more co-investors

Unknown VenturesGraph VenturesMagma PartnersStellation CapitalDux CapitalJiveworldTokai VenturesGrupo Alura

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

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