
Redpoint eventures
Description
Redpoint eventures is a prominent venture capital firm dedicated to fostering the growth of the Brazilian digital market. Established in 2012 as a strategic joint venture between the Silicon Valley-based Redpoint Ventures and the global firm e.ventures (now Headline), it brought a unique blend of international expertise and local market understanding to Latin America's largest economy. The firm primarily targets early-stage technology companies, focusing on Seed, Series A, and select Series B rounds, with a clear mandate to back entrepreneurs building disruptive businesses across various sectors, including fintech, SaaS, logistics, and consumer internet.
Over its operational history, Redpoint eventures has successfully raised multiple funds, accumulating significant capital to deploy into the vibrant Brazilian startup ecosystem. Its second fund, closed in 2019, secured $175 million, further solidifying its capacity to support ambitious ventures. More recently, the firm announced its third fund, totaling R$ 750 million (approximately $150 million USD, depending on exchange rates), bringing its total assets under management to over $450 million across its three funds. This substantial capital base allows Redpoint eventures to make initial investments typically ranging from $1 million to $10 million, with the flexibility to provide significant follow-on capital to its most promising portfolio companies.
The firm's investment philosophy extends beyond mere capital injection. Redpoint eventures prides itself on a hands-on approach, leveraging the extensive global networks and operational expertise of its founding partners, Redpoint Ventures and Headline. This provides portfolio companies with strategic guidance, access to talent, and connections to international markets, crucial for scaling in a competitive landscape. Notable investments in its portfolio include market leaders such as Gympass, a corporate wellness platform; Creditas, a leading fintech company; and Olist, an e-commerce solutions provider, demonstrating its commitment to backing companies with high growth potential and significant market impact.
Redpoint eventures has established itself as a cornerstone investor in the Brazilian tech scene, playing a critical role in nurturing the next generation of digital innovators. By combining deep local insights with a global perspective, the firm continues to identify and empower startups poised to transform industries and create substantial value. Its consistent fundraising success and a robust portfolio underscore its enduring influence and strategic importance within the Latin American venture capital landscape.
Investor Profile
Redpoint eventures has backed more than 53 startups, with 1 new investments in the last 12 months alone. The firm has led 10 rounds, about 19% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series B, Seed, Series A rounds (top funding stages).
- Majority of deals are located in Brazil, United States, Colombia.
- Strong thematic focus on Software, Information Technology, E-Commerce.
- Typical check size: $1M – $10M.
Stage Focus
- Series B (32%)
- Seed (21%)
- Series A (21%)
- Series C (15%)
- Series D (8%)
- Series Unknown (2%)
- Convertible Note (2%)
Country Focus
- Brazil (70%)
- United States (23%)
- Colombia (6%)
- Belgium (2%)
Industry Focus
- Software
- Information Technology
- E-commerce
- Financial Services
- Internet
- Saas
- Marketplace
- Mobile Apps
- Health Care
- Cloud Computing
Frequently Asked Questions
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