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Scale-Up Ventures

South America, Sao Paulo, Brazil, São Paulo

Description

Scale-Up Ventures is a prominent venture capital fund deeply integrated with Endeavor Brazil, serving as the investment arm for companies emerging from Endeavor's highly selective hyper-growth acceleration programs. Based in São Paulo, Brazil, the fund's primary mission is to provide crucial capital to high-potential Brazilian startups that have demonstrated significant traction and are poised for rapid expansion. This unique alignment with Endeavor allows Scale-Up Ventures to leverage an extensive network of mentors, entrepreneurs, and industry experts, offering portfolio companies more than just financial backing but also strategic guidance and operational support.

The fund's investment strategy is focused on growth-stage companies, typically those in late seed to Series A rounds, which have successfully navigated Endeavor's rigorous selection process. Scale-Up Ventures has raised multiple funds to support this mission, reflecting its commitment to the Brazilian innovation ecosystem. For instance, Scale-Up Ventures I was established with a capital commitment of R$ 100 million, followed by Scale-Up Ventures II targeting R$ 150 million, and more recently, Scale-Up Ventures III aiming for R$ 200 million. These successive funds underscore the increasing scale and ambition of their investment activities.

Scale-Up Ventures typically deploys first checks ranging from R$ 5 million to R$ 15 million, targeting companies that exhibit strong market fit, scalable business models, and experienced management teams. The fund seeks to be a long-term partner, often participating in follow-on rounds as its portfolio companies continue to grow. Their investment thesis is rooted in the belief that Endeavor's proven methodology for identifying and nurturing high-impact entrepreneurs translates directly into a pipeline of investable opportunities, minimizing risk while maximizing potential returns.

Through its close collaboration with Endeavor, Scale-Up Ventures provides its portfolio companies with unparalleled access to Endeavor's global network, including strategic connections, talent acquisition support, and opportunities for international expansion. This holistic approach to venture capital ensures that the startups not only receive the necessary financial resources but also benefit from a robust ecosystem designed to accelerate their growth and achieve market leadership. The fund plays a vital role in fostering the next generation of leading enterprises in Brazil, contributing significantly to the country's economic development and innovation landscape.

Investor Profile

Scale-Up Ventures has backed more than 56 startups, with 8 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in Brazil, United States, United Kingdom.
  • Strong thematic focus on Financial Services, FinTech, Information Technology.
  • Typical check size: $1M – $3M.

Stage Focus

  • Series A (41%)
  • Seed (25%)
  • Series B (14%)
  • Series Unknown (9%)
  • Series C (5%)
  • Convertible Note (2%)
  • Series D (2%)
  • Pre Seed (2%)

Country Focus

  • Brazil (89%)
  • United States (9%)
  • United Kingdom (2%)

Industry Focus

  • Financial Services
  • Fintech
  • Information Technology
  • Software
  • Banking
  • Payments
  • Artificial Intelligence (Ai)
  • Health Care
  • Saas
  • E-commerce
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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 Scale-Up Ventures frequently co-invest with?

Alexia Ventures
South America, Sao Paulo, Brazil, Brasil
Co-Investments: 6
Canary
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 7
FJ Labs
North America, New York, United States, New York
Co-Investments: 9
Endeavor
North America, New York, United States, New York
Co-Investments: 7
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 7
monashees
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 8
Clocktower Technology Ventures
North America, California, United States, Santa Monica
Co-Investments: 6
Actyus
Europe, Madrid, Spain, Madrid
Co-Investments: 6
Valor Capital Group
North America, New York, United States, New York
Co-Investments: 15
Kaszek
South America, NA - Uruguay, Uruguay, Montevideo
Co-Investments: 7

Which angels does Scale-Up Ventures often collaborate with?

KA
North America, New York, United States, New York
Shared Deals: 1
HT
North America, California, United States, San Francisco
Shared Deals: 1
Rahul Mehta
Asia, Dubai, United Arab Emirates, Dubai
Shared Deals: 1
Daniel Simon
North America, New York, United States, New York
Shared Deals: 1
Tayo Oviosu
Africa, Lagos, Nigeria, Lagos
Shared Deals: 1
AS
North America, California, United States, San Francisco
Shared Deals: 1
SM
North America, New York, United States, New York
Shared Deals: 1
KE
North America, Utah, United States, Park City
Shared Deals: 2
JA
North America, New York, United States, New York
Shared Deals: 1
Guilherme Bonifacio
South America, Sao Paulo, Brazil
Shared Deals: 2

What are some of recent deals done by Scale-Up Ventures?

Justos

São Paulo, Sao Paulo, Brazil

Justos is disrupting the insurance market in Latin America.

Information TechnologyInsurance
Series UnknownJun 18, 2025
Amount Raised: $16,767,209
Tensec

Palo Alto, California, United States

Cross-Border B2B Payments and Global Transaction Banking for SMBs

BankingFinancial ServicesFinTechForeign Exchange Trading
SeedJun 18, 2025
Amount Raised: $12,000,000
Divibank

São Paulo, Sao Paulo, Brazil

Divibank is a financing platform offering businesses access to growth capital.

BankingFinancial Services
Series UnknownApr 2, 2025
Amount Raised: $8,200,000
Grão Direto

Uberaba, Mato Grosso, Brazil

Grão Direto is a digital commodities trading platform that offers market intelligence insights on gains for producers and buyers.

AgricultureAgTechFarmingSoftwareTrading Platform
Series BMar 10, 2025
Amount Raised: $15,468,702
Advolve AI

São Paulo, Sao Paulo, Brazil

AI-driven adtech startup that collect data to from public databases and private historical performance from our client’s ad history

AdvertisingArtificial Intelligence (AI)
SeedFeb 21, 2025
Amount Raised: $5,000,000
N5 Now

New York, New York, United States

N5 provides customer engagement software and IT services to leading banks in Latin America and is now expanding to the US market.

BankingConsultingCRMFinanceFinancial ServicesFinTechInsurancePaaSSaaSSoftware
Series BFeb 20, 2025
Amount Raised: $20,000,000
Arvo

São Paulo, Sao Paulo, Brazil

Arvo is a healthcare technology startup that uses artificial intelligence to secure the integrity of healthcare transactions.

Artificial Intelligence (AI)Health Care
SeedSep 11, 2024
Amount Raised: $4,500,000
GALY

San Francisco, California, United States

GALY produces agriculture from cells in a facility, not plants in the field

BiotechnologyChemicalLife Science
Series BSep 3, 2024
Amount Raised: $33,000,000
Vixtra

São Paulo, Sao Paulo, Brazil

Vixtra is a payment method and credit provider for Latin American importers to buy from international suppliers.

B2BFinancial ServicesPayments
SeedApr 24, 2024
Amount Raised: $5,828,638
Zig

São Paulo, Sao Paulo, Brazil

Zig is the first funtech in the technology market for live entertainment with worldwide operations.

Digital Entertainment
Series BApr 23, 2024
Amount Raised: $22,500,000