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Igah Ventures

South America, Sao Paulo, Brazil, São Paulo

Description

Igah Ventures is a prominent Brazilian venture capital firm based in São Paulo, specializing in early-stage to growth-stage technology companies across Latin America. The firm was established through the strategic merger of eBricks Ventures and Joá Investimentos, combining their extensive experience and portfolios to create a powerhouse in the regional VC landscape. This consolidation allowed Igah Ventures to leverage a broader network and deeper expertise, positioning itself as a significant player in the burgeoning LatAm tech ecosystem.

The firm's investment strategy is centered on identifying and nurturing high-potential startups that are poised for significant scale and disruption. Igah Ventures primarily targets companies in sectors such as Fintech, Software-as-a-Service (SaaS), Healthtech, Edtech, Logistics, E-commerce, and Marketplaces. They typically engage in Series A, B, and C funding rounds, demonstrating a commitment to supporting companies through various stages of their growth journey. Their approach involves not just capital injection but also strategic guidance and operational support to help portfolio companies navigate challenges and accelerate expansion.

Igah Ventures has demonstrated substantial fundraising capabilities, having successfully closed its third fund at $220 million in 2022, and its fourth fund at $150 million in 2023. For initial investments, the firm typically writes first checks ranging from $5 million to $15 million. However, they possess the capacity to invest significantly more over the lifecycle of a company, often committing up to $30 million through follow-on rounds. Their impressive portfolio includes some of Latin America's most successful tech companies, such as Loft, C6 Bank, Creditas, Gympass, Wildlife Studios, Stone, and VTEX, underscoring their track record of backing market leaders.

Investor Profile

Igah Ventures has backed more than 29 startups, with 1 new investments in the last 12 months alone. The firm has led 5 rounds, about 17% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Seed rounds (top funding stages).
  • Majority of deals are located in Brazil, United States.
  • Strong thematic focus on Financial Services, Information Technology, FinTech.
  • Led 1 rounds in the past year.
  • Typical check size: $5M – $15M.

Stage Focus

  • Series B (38%)
  • Series A (28%)
  • Seed (17%)
  • Series C (10%)
  • Convertible Note (3%)
  • Series Unknown (3%)

Country Focus

  • Brazil (93%)
  • United States (7%)

Industry Focus

  • Financial Services
  • Information Technology
  • Fintech
  • Saas
  • Internet
  • Credit
  • E-commerce
  • Logistics
  • Marketplace
  • Marketing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Igah Ventures frequently co-invest with?

Qualcomm Ventures
North America, California, United States, San Diego
Co-Investments: 3
Alexia Ventures
South America, Sao Paulo, Brazil, Brasil
Co-Investments: 2
Riverwood Capital
North America, California, United States, Menlo Park
Co-Investments: 2
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 3
Globo Ventures
South America, Rio de Janeiro, Brazil, Rio De Janeiro
Co-Investments: 2
MAYA Capital
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 2
Flybridge
North America, Massachusetts, United States, Boston
Co-Investments: 4
SOFTBANK Latin America Ventures
North America, Florida, United States, Miami
Co-Investments: 2
Valor Capital Group
North America, New York, United States, New York
Co-Investments: 7
Kaszek
South America, NA - Uruguay, Uruguay, Montevideo
Co-Investments: 4

Which angels does Igah Ventures often collaborate with?

FO
North America, New York, United States, New York
Shared Deals: 1
RS
North America, New York, United States, New York
Shared Deals: 1
Carlos Curioni
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 1
Silvio Genesini
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 3
Daniel Martins
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 2
EB
North America, California, United States, Palo Alto
Shared Deals: 1
SV
Europe, Moscow City, Russian Federation, Moscow
Shared Deals: 1
Romero Rodrigues
South America, Sao Paulo, Brazil, São Paulo
Shared Deals: 1
Shared Deals: 1
MG
North America, California, United States
Shared Deals: 1

What are some of recent deals done by Igah Ventures?

Liqi Digital Assets

São Paulo, Sao Paulo, Brazil

Liqi Digital Assets is an investment model, which transforms assets so that anyone can become an investor.

Blockchain
Series UnknownAug 23, 2024
Amount Raised: $2,004,738
CRMBonus

São Paulo, Sao Paulo, Brazil

CRMBonus is a CRM consultancy and Giftback platforms.

CRMMarketing
Series BMay 14, 2024
Amount Raised: $77,986,391
Logcomex

Curitiba, Parana, Brazil

Global Trade Intelligence.

AnalyticsArtificial Intelligence (AI)Big DataDatabaseInformation TechnologyLogisticsMachine LearningMarine TransportationPorts and HarborsSaaS
Series BNov 21, 2023
Amount Raised: $33,669,347
Conexa Saude

São Paulo, Sao Paulo, Brazil

Conexa Saude is a digital platform that promotes the connection of patients and healthcare professionals through technology.

Health CareInformation TechnologySoftware
Series CJun 28, 2022
Amount Raised: $37,964,351
CRMBonus

São Paulo, Sao Paulo, Brazil

CRMBonus is a CRM consultancy and Giftback platforms.

CRMMarketing
Series AOct 6, 2021
Amount Raised: $50,970,246
Avenue

Miami, Florida, United States

Avenue is a broker that brings investment alternatives and digital accounts in the USA to Latin American clients.

Financial ExchangesFinancial Services
Series BAug 3, 2021
Amount Raised: $28,855,587
EmCasa

Rio, Rio de Janeiro, Brazil

EmCasa is a transactional marketplace that helps people buy and sell a home with top technology and unrelentless customer focus

E-CommerceMarketplaceReal Estate
Series BJul 21, 2021
Amount Raised: $21,000,000
Hashdex

São Paulo, Sao Paulo, Brazil

Hashdex exists to bridge digital assets world and traditional markets unlocking the blockchain potential to mainstream investors.

Asset ManagementBlockchainCryptocurrencyFinancial ServicesFinTechFood and BeverageInformation Technology
Series AMay 12, 2021
Amount Raised: $25,451,529
bxblue

Brasília, Rio Grande do Norte, Brazil

bxblue is a marketplace for payroll loans in Brazil.

CreditFinancial ServicesFinTechMarketplace
Series AJan 27, 2021
Amount Raised: $7,018,775
Conexa Saude

São Paulo, Sao Paulo, Brazil

Conexa Saude is a digital platform that promotes the connection of patients and healthcare professionals through technology.

Health CareInformation TechnologySoftware
Series BJun 25, 2020
Amount Raised: $7,500,000