Iporanga Ventures

Iporanga Ventures is an early-stage venture capital firm based in São Paulo, Brazil, focusing on investments in the future of finance. The firm primarily partners with seed-stage companies exploring opportunities in fintech, embedded finance, and blockchain across Latin America. Iporanga Ventures seeks diverse founding teams with bold visions aiming to transform and impact financial markets responsibly.

The firm's investment strategy emphasizes supporting startups that develop sound products and solutions backed by superior technology teams. Iporanga Ventures has been an early backer of over 80 companies, including Quero Education, Loggi, Stark Bank, Olist, Gorila, Gupy, and Pier. The firm is committed to integrating environmental, social, and governance (ESG) criteria into its investment process to add value and reduce risk for investors and startup founders.

Iporanga Ventures has raised three funds, with the latest being Iporanga Early Stage II L.P. The firm has made 42 investments, with its most recent being in Pagô on January 1, 2025. Notable exits include bxblue and Nomo. The firm's partners include Guilherme Assis, Leo Kalim, Leonardo Teixeira, and Renato Valente.