Blustone Capital
Venture capitalSao Paulo · Pre-Seed–Seed · 3 people tracked
Investment thesis
BluStone Capital backs exceptional entrepreneurs addressing large markets with solutions markedly superior to existing alternatives and aimed at improving society. The firm invests selectively in sectors it knows deeply, connecting founders to a broad support network of over 100 advisors and investors plus more than 60 operating partners. It actively supports its portfolio companies across commercial development, fundraising, recruiting, and strategic discussions. BluStone is backed by institutional investors such as XP Asset Management and strategic partners including Grupo Ultra and Grupo Murchison. It also runs an external innovation arm connecting large corporations with emerging technology startups through curated POCs, innovation events, and strategic investment access.
Source: firm website, verified Aug 7, 2026.
Team · 3 people
from public directoriesWhat they invest in
from 6 of 8 portfolio companiesConsumer ×2E-commerce ×2Fintech ×2Logistics & Supply Chain ×2SaaS ×2Cleantech ×1Data & Infrastructure ×1Direct to Consumer ×1
HQs:Brazil×1Mexico×1
Investments · 8 tracked
founders shown can be your intro pathCamita Bienestar is a Mexican direct-to-consumer brand founded in 2019 that designs and locally produces orthopedic and wellness beds for pets, along with related products like paw balms and odor removers.
ConsumerDirect to ConsumerE-commerceLogistics & Supply ChainSaaS
Michelle Reza(Founder)Armando(Co-founder)
Co-investorsEndurance28Magma PartnersNorte VenturesMiami Angels
Elevva acquires or partners with local consumer brands to scale them into regional brands, providing strategy, technology, operations, and capital along with multichannel e-commerce expertise.
ConsumerE-commerceRetail Tech
Co-investorsLatitud VenturesNorte Ventures
Lerian provides financial infrastructure for payments and accounting, including instant payments, secure settlement, and an immutable ledger for validating and recording transactions.
Data & InfrastructureEnterprise SoftwareFintech
Co-investorsNorte VenturesQuartzMAYA Capital Ventures
Navas is a strategy, branding, and experience design studio that helps companies clarify their positioning, brand identity, and visual/verbal expression.
Marketing Tech
OneCarNow offers an all-inclusive electric vehicle subscription service aimed at ride-sharing drivers, letting them select an EV online and receive it within days with maintenance included.
CleantechMarketplacesMobility & Transportation
Co-investorsGreat North VenturesInformed Ventures Advisors, LlcLoup VenturesNeer Venture PartnersNew Stack VenturesNuMundo Ventures+1 more
Vixtra provides financing for maritime importers, using goods in transit (via Bills of Lading) as collateral to offer working capital and flexible credit.
FintechLogistics & Supply ChainSaaS
Co-investorsCapria VenturesNXTPValor Capital Group
Portfolio news
latest coverage across their companiesOCN · mexiconewsdaily.com · Jul 22, 2025
Frequently asked questions
- How many investments has Blustone Capital made?
- Blustone Capital has 8 tracked investments.
- What stage does Blustone Capital invest at?
- Blustone Capital invests at the Pre-Seed, Seed stages.
- What sectors does Blustone Capital focus on?
- Blustone Capital focuses on Logistics & Supply Chain, Mobility & Transportation.
- Where is Blustone Capital located?
- Blustone Capital is headquartered in Sao Paulo, BR.
- Who does Blustone Capital co-invest with?
- Blustone Capital most often shares deals with Norte Ventures, Informed Ventures Advisors, Llc, Magma Partners, among 14 tracked co-investors.
Co-investors · 1
Blue Impact is a venture capital firm focused on supply chain and logistics technology companies. With over 40 years of combined experience, the firm invests in entrepreneurs building sustainable and innovative supply chain solutions.
Firms observed investing alongside Blustone Capital, from public investor directories. Shared companies are the overlap with Blustone Capital's recorded portfolio.
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