/Investor DB

Blustone Capital

Venture capital

Sao Paulo · Pre-Seed–Seed · 1 people tracked

Also known as Blustone

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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.

Stage
Pre-Seed–Seed
HQ
Sao Paulo, BR
Instruments
Equity
Founded
2020
Last 12 months
1 investment
Tracked investments
11

Team · 1 people

from public directories

What they invest in

from 8 of 11 portfolio companies

Logistics & Supply Chain ×4Consumer ×3Mobility & Transportation ×3SaaS ×3E-commerce ×2Fintech ×2Marketplaces ×2Cleantech ×1

HQs:Brazil×4Mexico×2

Investments · 11 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12024 · 22023 · 26 dated

Cannectcannect.lifeSeed · Jul 2023 · $8M

Co-investors4M Holding

Cubbocubbo.comin

Camita 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-investorsCommunity Access FundEndurance28Magma PartnersNorte VenturesSV Latam CapitalMiami Angels

Elevvaelevva.coin

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

Aníbal de Frankenberg(Founder)inFelix Tomas Elizalde(Founder)in

Co-investorsAsymmetric Capital PartnersLatitud VenturesNorte VenturesThe 23 Fund17Sigma

GoFluxgoflux.com.brSeries A · Apr 2024 · $6M

SaaS-enabled freight marketplace digitizing the agro-freight logistics landscape in Brazil

Sao Paulo - Sp

Pedro Azevedo(Founder)inAlexandre Stephen(Director)Luis Fernando Martinez(Director)Rodrigo Da Costa Pinto Silva Goncalves(Director)

BoardWill Poole(Director)in

Co-investorsCapria VenturesReflect VenturesSP VenturesArrebol CapitalThe Yield Lab Latam

Infleetinfleet.com.brinSep 2025 · $7.5M

INFLEET provides a fleet management platform that uses video telemetry and real-time monitoring to prevent accidents, manage drivers, and reduce operating costs.

Logistics & Supply ChainMobility & TransportationSaaSSalvador, BR

Vitor Reis(Founder)inLucas Bastos(Founder)in

Co-investorsCitrino VenturesBossanova InvestimentosCanaryConfederação AssesproDomo InvestDOMO.VC

Lerianlerian.studioinJan 2026

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-investorsCRIVO VenturesMAYA Capital VenturesNorte VenturesQuartzMAYA Capital

Motorista PXmotoristapx.com.brSeed · Jun 2024

Brazilian service that provides specialized drivers to trucking companies and freight operators, offering a way to keep vehicles productive without maintaining permanent driver staff.

Logistics & Supply ChainMarketplacesMobility & Transportation

Co-investorsMONASHEESRandon VenturesBicycle CapitalBR AngelsGR8 Ventures

Navasnavas.designin

Navas is a strategy, branding, and experience design studio that helps companies clarify their positioning, brand identity, and visual/verbal expression.

Marketing Tech

OCNonecarnow.cominSeed · May 2023 · $5M

OneCarNow (OCN) offers a car subscription service that lets customers get a new car for the medium or long term through a fully digital experience, bundling everything except gasoline.

CleantechConsumerMarketplacesMobility & Transportation

Co-investorsCaravela CapitalCollide CapitalGreat North VenturesInformed Ventures Advisors, LlcLoup VenturesNeer Venture Partners+2 more

Sinatrasinatra.pro

Niterói, BR

Luis Vieira(Founder)

Co-investorsCaravela Capital

Vixtravixtra.comin

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

Caio Gelfi(Founder)in

Co-investorsCapria VenturesNXTPQED InvestorsValor Capital GroupActyusCredit Saison+3 more

Frequently asked questions

How many investments has Blustone Capital made?
Blustone Capital has 11 tracked investments, including 2 dated in the last 24 months.
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, Caravela Capital, Informed Ventures Advisors, Llc, among 24 tracked co-investors.

Co-investors · 1

Blue Impact

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.

$25K – $5M

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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