Valor Capital Group — 2021 Investments

Madeira Madeira is a Brazilian e-commerce platform specializing in furniture, home decor, and building materials, offering both online shopping and physical store locations.

E-commerceCuritiba, BR

MSMarcelo Scandian(Director)inDaniel Scandian(Founder)inFabricio Bossle(Director)in

BoardHKHernan Kazah(Director)inChristian Friedland(Director)

Board seatPPPaulo Passoni· per SEC Form D · $142M raise · filed Jan 2021

Co-investorsFLFlybridge Capital PartnersKAKaszek VenturesMOMONASHEESSOSoftbank Latin America FundBRBrasil CapitalLILight Street Capital+1 more

Merama acquires substantial minority stakes in e-commerce brands across Latin America and provides working capital, operational expertise, and proprietary technology to grow them.

ConsumerDirect to ConsumerE-commerceSpring, US

STSujay Tyle(Founder)inFDFelipe David Delgado Jr.(Director)FDFelipe Delgado(Founder)inGuilherme Nosralla(Founder)Olivier Scialom(Founder)Renato Andrade(Founder)

Board seatSSScott SobelPPPaulo Passoni· per SEC Form D

Co-investorsADAdvent InternationalSOSoftBank GroupBABalderton CapitalBRBroadLight CapitalD4D4 VenturesGRGrupo Globo - Mídia e Conteúdo+13 more

Aprende offers online courses teaching practical skills, from basic to advanced, including entrepreneurship, with classes led by experts and celebrities and content connected to Univision.

ConsumerEdTech

MCMartin ClaureinRGRoberto Gisbertin

Co-investors50500 GlobalALAlumni VenturesCACapria VenturesMAMatterScale VenturesREReach CapitalSASalkantay Ventures+4 more

Beep is a fully digital home healthcare service that provides laboratory tests (5,000+ types), vaccines, and infusions at the patient's home, booked via its app or website.

Digital HealthHealthtech

Vander Corteze(Founder)Vander Vinícius Corteze(Founder)

Co-investorsDNDNA CapitalTHThe Lightsmith GroupWOWormhole CapitalACActyus

Betterfly offers employee benefits and insurance products including life insurance starting at 20,000 MXN and dental insurance starting at 10,000 MXN.

HR TechInsurTechWellness & FitnessMexico City, MX

EDEduardo della Maggiora(Founder)inCDCristóbal della Maggiora(Founder)in

BoardMPMike Packer(Director)inMartin Molina(Director)

Co-investorsBEBerliner Volksbank VenturesCHChicago VenturesFLFlucas VenturesGAGAA InvestmentsGAGaingelsGGGG Capital+17 more

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

EDEduardo del Giglio(Founder)inGiglio(Founder)RMRenan Mendes(Co-Founder & CTO)inEBEduardo Braz del Giglio(Director)inChristian Grant(Director)Lucas Boiteux Amoroso Lima(Director)

Co-investorsCACaravela CapitalCLClocktower VenturesFJFJ LabsONOnevc Venture Partners LlcPIPICUS CAPITALCACanary+2 more

Cloudwalk operates autonomous agents for small business owners and individuals—JIM manages payments, credit, storefronts, and daily operations for sellers in Brazil and the US, while Albert provides financial intelligence for Brazilian consumers through connected open finance APIs.

AI & Machine LearningFintechSaaSSilicon Valley, BR

LSLuis Silva(Founder)in

Co-investorsA*A*COCoatue ManagementNENewView CapitalPLPlug and Play VenturesPRProvence PartnersBTBTG Pactual+3 more

Hashdex is a crypto-focused asset manager that offers exchange-traded products giving investors regulated exposure to crypto assets.

Crypto & Web3Fintech

BCBruno Caratori(Founder)inMarcelo Sampaio(Founder)Thiago Costa(Founder)

Co-investorsALAlexia VenturesCOCoinbase VenturesGRGraph VenturesGRGrupo Globo - Mídia e ConteúdoNONorte VenturesSOSoftbank Latin America Fund+2 more

Kovi provides vehicle rental services for rideshare and delivery app drivers in Brazil, with options for monthly rentals and purchase plans that include maintenance, roadside support, and flexible payment based on kilometers driven.

B2B MarketplacesFintechMobility & TransportationSão Paulo, BR

AMADHEMAR MILANI NETO(Founder)inJoao Costa(Founder)Gustavo Piedade(Head of Operations)

Co-investorsGRGrupo Globo - Mídia e ConteúdoINInvestidores.VCMAMAYA Capital VenturesMOMONASHEESNONorte VenturesONOnevc Venture Partners Llc+19 more

Mexican B2B marketplace connecting Latin American SMEs to Asian manufacturers for cross-border sourcing and logistics.

Co-investorsMAMarathon VenturesBOBold Capital PartnersBOBonit CapitalBRBrand CapitalFRFreestyle CapitalHTHTwenty+4 more

Meru operates an online marketplace connecting mechanics in Latin America with automotive aftermarket suppliers and parts dealers.

Enterprise SoftwareFintechMarketplacesMexico City, MX

MRManuel Rodriguez Dao(Founder)inVFVirgile Fiszman(Founder)inFMFederico Moscato(Founder)inEMEduardo Mata(Founder)in

Co-investorsEMEmles Venture PartnersFJFJ LabsY Y Combinator0B0BSBOBold Capital PartnersBRBrand Capital+11 more

Cambridge, US

Arjun Mendhi(Executive Officer, Director)

Parfin builds digital asset infrastructure connecting traditional finance with decentralized finance, including a platform for banks, fintechs, and financial market infrastructures to manage digital assets and an EVM Layer 1 blockchain with built-in privacy and compliance.

Crypto & Web3Data & InfrastructureFintech

Alex Buelau(Founder)Cristian Bohn(Founder)Marcos Viriato(Founder)

Co-investorsALAlexia VenturesBOBorderless VenturePAParaFi CapitalPAParafi General FundTHThird Prime

Rocket.Chat is an open-source communication platform used by over 12 million users across more than 150 countries.

Cloud ComputingDefense TechEnterprise SoftwareFuture of Work

GEGabriel Engel(Founder)in

Co-investorsALAlexia VenturesGRGreycroftMOMONASHEESNENew Enterprise Associates (NEA)ONOnevc Venture Partners LlcTOTogether Fund+3 more

Solfácil is a Brazilian solar energy company that provides financing, photovoltaic equipment distribution, and technology tools for solar installers across the country.

CleantechEnergyFintech

FCFabio Carrara(Founder)inVitor Leal(Founder)Guillaume Tiret(Founder)

Co-investorsQEQED InvestorsSOSoftbank Latin America FundFIFifth WallSOSoftBank GroupVEVEF

Wellhub operates a corporate wellness platform that connects employees to fitness, mindfulness, nutrition, and sleep options through employer-provided plans.

Digital HealthHR TechWellness & FitnessNew York, US

Vinicius Meirelles Ferriani(Director)JBJoao Barbosa(Director)inCCCesar Carvalho(Founder)inCCCesar Carvalho (he/his)(Founder)inBABruno Annicq(Executive Officer)inEllen Hochberg(Executive Officer)in

Co-investorsATAtomicoGEGeneral AtlanticHEHeadlineINInkefKAKaszek VenturesMOMONASHEES+9 more

Brazilian all-in-one restaurant management platform combining point-of-sale, back-office tools and payment processing.

Co-investorsANanother.vcMOMONASHEESCACanaryTITiger Global Management