Fundraising Fox

Canary

Venture capitalActively deploying

Sao Paulo · Pre-Seed–Seed · 9 people tracked

Also known as Canary Anchors · Canary Founders · Canary Operators · CNRY MANAGEMENT COMPANY LTDA.

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Investment thesis

Early-stage investor with a systematic 40+ criteria framework, an entry point for global funds to LATAM; runs JetPack offering $50k, office space and operational support to first-time founders abroad.

Invests inSector AgnosticColombiaLatin AmericaMexicoSao Paulo

Source: firm website, verified Aug 25, 2026.

Stage
Pre-Seed–Seed
Check
$250K – $15M
HQ
Sao Paulo, BR
Leads rounds
Leads
Instruments
Equity
Founded
2016
Last 12 months
3 investments
Private fund assets
$393M
VC funds
11
Tracked investments
29

Team · 9 people

from public directories
Filipe Portugal· Partnerin𝕏
Henrique Leite· Partnerin𝕏
Izabel Gallera· Partnerin
Liliana Carlos· Partnerin𝕏
Marcos Toledo· Managing Partnerin

What they invest in

from 26 of 29 portfolio companies

AI & Machine Learning ×11Fintech ×10SaaS ×8Digital Health ×5Healthtech ×5HR Tech ×5Enterprise Software ×3Consumer ×2

HQs:Brazil×17United States×3Colombia×1Mexico×1

Investments · 29 tracked

founders shown can be your intro path

By year:2026 · 22025 · 32024 · 12023 · 12022 · 12021 · 19 dated

Compcomp.vcinFeb 2026 · $17.3M✓ verified

Comp embeds senior HR executives and AI engineers into a client's team to redesign people policies and processes and build custom AI tools and agents for HR.

AI & Machine LearningFuture of WorkHR TechFrei Paulo, BR

Pedro Bobrow(Founder)Christophe Gerlach(Founder)in

Co-investorsKhosla VenturesAbstract VenturesEndeavor Catalyst

Comptrycomp.ioinFeb 2026 · $17.3M✓ verified

Comp embeds senior HR executives and AI engineers into a client's team to redesign people policies and processes and build custom AI tools and agents for the HR function.

AI & Machine LearningFuture of WorkHR Tech

Co-investorsKhosla VenturesNorte VenturesRecall CapitalAbstract VenturesEndeavor Catalyst

Arvoarvoai.cain𝕏Sep 2025 · $20M

Arvo AI builds Aurora, an open-source (Apache 2.0) AI agentic tool for incident management and root cause analysis aimed at Site Reliability Engineers.

AI & Machine LearningCloud ComputingDeveloper Tools

Co-investorsFront Row VenturesPanache VenturesBase10 PartnersK50 Ventures

Axenyaaxenya.cominAug 2025 · $12M

Axenya offers an integrated corporate health benefits platform for companies, combining brokerage, digital backoffice, advanced analytics with AI, and clinical navigation in a single operation.

AI & Machine LearningDigital HealthInsurTech

Co-investorsAlexia Venturesbig_betsNXTPZentynel

Bullcredtechbullcredtech.comin

Bull is a modular, white-label lending platform that lets companies offer "Crédito do Trabalhador" (Brazilian worker payroll credit) to their existing customer base, bundling credit technology, risk management, and operations from origination to collections.

FintechSaaS

Juliana Freitas(Founder, CEO)José Neto(Founder, CEO)Breno Costa(Co-founder, CDO)

Cajucaju.com.brin𝕏

Caju offers a single platform for Brazilian companies to manage employee benefits (including CLT, PAT and flexible benefits), corporate expenses via a card and app, and HR/people processes.

FintechHR TechSaaSNorfolk, US

Eduardo del Giglio(Founder)inGiglio(Founder)Renan Mendes(Co-Founder & CTO)inEduardo Braz del Giglio(Director)Christian Grant(Director)Renan Martins Zomignani Mendes(Director)

Co-investorsClocktower VenturesOnevc Venture Partners LlcPICUS CAPITALValor Capital Group

Capimcapim.com.brin

Capim is a dental practice management platform for dentistry clinics in Brazil, combining clinical management (scheduling, patient records, WhatsApp automations) with financial tools such as patient treatment financing, credit issuance, and payment processing.

FintechHealthtechSaaSSao Paulo, Sp, BR

Roberto Biselli(Founder)inMarcelo Marinho Lutz Pereira da Silva(Executive Officer, Director)Roberto Monteiro de Barros Biselli(Executive Officer, Director)

BoardMike Packer(Director)inCarlos Costa(Director)

Co-investorsOnevc Venture Partners LlcQED InvestorsValor Capital GroupActyusNXTPSaison Capital

Carbonextcarbonext.com.brin

Carbonext develops forest conservation and restoration projects in the Brazilian Amazon, including REDD+ carbon credit programs that keep forests standing while funding community development, jobs, and training.

CleantechClimate TechImpact & Social Good

Co-investorsNorte VenturesAlexia Ventures

Clara.Comclara.com.brin𝕏

Clara is a spend management platform combining corporate cards, expense automation, accounts payable, and digital banking in one AI-driven system for businesses.

AI & Machine LearningFintechSaaS

Cobrecobre.coin𝕏

Cobre operates a payments platform for businesses in Latin America, offering local instant payments in Colombia and Mexico, cross-border payments, bank account aggregation, and stablecoin on-ramp/off-ramp and payouts over its own infrastructure.

Crypto & Web3Enterprise SoftwareFintechBogotá, CO

Felipe Gedeon(Founder)inJose V. Gedeon(Founder)inAlberto Chejne(Founder)

Co-investorsKaszek VenturesMarathon VenturesOak HC/FTQED Investors

FestaLabfestalab.com.brin

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 VenturesTheVentureCityAtlantico

Gupygupy.ioin

Gupy is a Brazilian HR platform that uses AI agents to cover the full employee journey — recruitment, digital onboarding, corporate learning, engagement/climate monitoring, and performance management.

AI & Machine LearningHR TechSaaS

Co-investorsSoftbank Latin America FundValor Capital GroupYellow VenturesEndeavor CatalystMAYA CapitalMAYA Capital Ventures+1 more

Hashdexhashdex.com.brin𝕏

Hashdex provides crypto-focused exchange-traded products, including the Hashdex Nasdaq CME Crypto Index ETF (NCIQ) and the Hashdex Bitcoin ETF (DEFI), for investors seeking exposure to crypto assets.

Crypto & Web3Fintech

Co-investorsAlexia VenturesValor Capital Group

Henthent.com.brinAcquired

A platform that automates receivables management and collection for construction and real estate companies, handling invoice distribution, payment tracking, interest calculation, and contract closeouts through email, SMS, and WhatsApp.

FintechPropTechSaaSRecife, BR

David Aragao(Founder)inThiago Diniz(Founder)inLeo Pinho(Founder)in

Co-investorsY Combinator

Kalakala.techinApr 2023 · $4M

Kala is a fintech offering payroll-deduction ("libranza") loans through a fully digital application process supported by independent advisors.

Fintech

Co-investorsStartups99 StartupsCometa

Karta
Lexter.ailexter.aiinApr 2024 · $3.2M

Lexter develops a large language model tailored for legal work in Brazil and serves major law firms in the country.

AI & Machine LearningEnterprise SoftwareLegalTechSão Paulo, BR

Pedro Jahara(Founder)inPedro Calderon(Founder)inGuilherme Delai(Founder)inLucas Kawazoi(Founder)in

Co-investorsAlexia VenturesNorte VenturesY CombinatorEndeavor Scale-Up

Marvinmeetmarvin.cominMar 2021

Marvin provides mental health and well-being support for healthcare employees, combining input from therapists, academic researchers, data scientists, and clinical operations leaders.

AI & Machine LearningDigital HealthHealthtechMental HealthSan Marino, US

John Bracaglia(Executive Officer, Director)

Co-investorsCanvas VenturesDesigner FundCanaan PartnersLiquid VenturesVillage Global

Oya Careoya.careinFeb 2022

Oya Care operates women's health clinics in São Paulo offering in-person and online gynecological consultations, exams, procedures, egg freezing, and surgeries, paired with a digital platform to manage appointments, exams, and medical history.

Digital HealthFemTechHealthtechGrand Cayman, BR

Stephanie von Staa Toledo(Executive Officer, Director)

Co-investorsFloating PointSusa Ventures

Plennasoyplenna.com

Plenna is a women's health clinic offering virtual and in-person gynecological, pregnancy, psychological, nutritional, and specialized medical services through an integrated healthcare platform.

Digital HealthFemTechHealthtechMexico City, MX

Lorena Ostos(Founder & CEO)Lorena Ostos Rangel(Director)Giovanna Abramo Delgado

Co-investors500 GlobalAmador HoldingsCollaborative FundIntegra GroupeNazcaNew Ventures Capital+4 more

Qulture.Rocksqulture.rocks𝕏Acquired

Qulture.Rocks provides software for managing personnel, organizational goals, and workplace culture at startups and growth-stage companies.

Enterprise SoftwareHR TechSan Francisco, US

Francisco Homem de Mello(Founder/CEO)in

Co-investorsFundersClubY Combinator

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

Co-investorsNorte VenturesAtlantico

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-investorsAstellaKaszek VenturesAtlanticoEndeavor CatalystQuartzWaldencast

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-investorsAstella

Squadsquad.com
Strikestrike.shinApr 2025 · $13.5M

Strike offers an always-on security platform that combines AI agents with human security experts to continuously map an organization's assets, run attack emulations, and support vulnerability remediation.

AI & Machine LearningCybersecuritySaaS

Co-investorsCarao VenturesLatitud VenturesNXTPFinTech CollectiveFJ LabsGalicia Ventures+1 more

Telepatia
Telepatia AItelepatia.aiin

Telepatia provides AI-powered tools for medical documentation and clinical decision support in Latin America, including real-time clinical note generation, evidence-based recommendations for physicians, healthcare system integration, and business intelligence for clinical operations.

AI & Machine LearningDigital HealthHealthtechSão Paulo, BR

Nicolas Abad(Founder)inDigital Health Healthtech Nicolas Abad(Founder)Tomás Giraldo Hinestroza(Co-Founder (medical / CMO))in

Co-investorsAbstract VenturesAndreessen HorowitzNido VenturesPICUS CAPITALSV Angel

TerraMagnaterramagna.com.brin

TerraMagna provides credit and financing to agricultural input distributors, offering short- and long-term credit lines and a dedicated investment fund for the agribusiness sector.

AgTechFintech

Co-investorsAccionSoftbank Latin America FundAccion Venture LabMAYA CapitalMAYA Capital VenturesMilenio Capital+1 more

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Canary invest at?
Canary invests at the Pre-Seed, Seed stages.
What is Canary's typical check size?
Canary typically writes checks of $250K – $15M.
What sectors does Canary focus on?
Canary focuses on Sector Agnostic.
Where is Canary located?
Canary is headquartered in Sao Paulo, BR.
Does Canary lead rounds?
Yes, Canary leads investment rounds.

Images

Canary photo

Co-investors · 53

Atlantico

Atlantico is a venture capital firm that backs founders building companies in Latin America and beyond, and publishes annual reports on the region's digital transformation.

$100K – $5M
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.

Both backed · 2
$100K – $300M
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.

Both backed · 2
$30K – $25M
Kaszek Ventures

Kaszek is an investment firm run by tech entrepreneurs that partners with founders across Latin America, providing capital along with hands-on expertise in strategy, operations, team-building, growth, technology, and fundraising.

Both backed · 2
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 · 2
$300K – $2M
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.

Both backed · 1
$500K – $50M
Khosla Ventures

Khosla Ventures is a venture capital firm that invests in early-stage companies focused on technology, mobile, and clean energy sectors, including biotechnology applications. The firm provides capital and strategic support to entrepreneurs developing breakthrough technologies across multiple markets.

Both backed · 1
$5K – $50M
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
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
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$4.4M – $214M
Founders Fund

Founders Fund is a venture capital firm that backs technology companies building transformative products.

$500K – $5M
41 more co-investors

Lightspeed Venture PartnersNotable CapitalUnknown VenturesEverywhere VenturesDST GlobalTiger Global ManagementPlug and Play VenturesGradient VenturesFifth WallCaffeinated CapitalSoma CapitalGlobal Founders CapitalHomebrewAwesome People VenturesBetter Tomorrow VenturesHaun VenturesQualcomm VenturesDecibel PartnersFlourish VenturesMONASHEESMulticoin CapitalGraph VenturesSeed Club VenturesDivergenceAmbush CapitalSID Venture PartnersMagma PartnersVariant FundSaaSholicGnosis DAOalboFounderPartnersNewMont Venturesalpha4 venturesALLVPDux CapitalLevel VenturesJiveworldTokai VenturesGrupo AluraSV Latam Fund

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

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