Canary

Canary is an early-stage venture capital firm headquartered in São Paulo, Brazil, specializing in supporting technology startups across Latin America. Founded in 2017, the firm focuses on providing initial funding to entrepreneurs aiming to transform the region through technology. Canary partners with founders from the earliest stages, offering capital, operational expertise, and access to a strong entrepreneurial network to foster growth and innovation.

The firm's investment strategy emphasizes leading the first institutional round, typically at the seed or Series A stage, and maintaining a minority ownership stake to allow founders to retain significant control. Canary's approach is founder-centric, aiming to minimize dilution and streamline the fundraising process, with decisions often made within one to three weeks. The firm is sector-agnostic but has a notable presence in industries such as fintech, SaaS, B2B, consumer tech, agtech, digital health, e-commerce, edtech, insurtech, logistics, proptech, cyber security, and web3.

Since its inception, Canary has built a diverse portfolio of over 100 investments, including notable companies like Buser, a bus travel platform; Trybe, a coding school; Alice, a healthtech startup; Flash, a flexible benefits platform; and Caju, a fintech offering digital wallets and benefits. The firm's partners are seasoned entrepreneurs and investors with experience from leading firms such as Silver Lake, Tarpon, and MSquare/Velt, collectively having built multiple successful companies, including one of Latin America's approximately 20 unicorns. Canary's commitment to fostering innovation and supporting founders has established it as a prominent player in the Latin American venture capital landscape.