# Caravela Capital: portfolio, investments and team

> Caravela Capital is a vc firm based in Brazil. 40 investments on record, 8 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/caravela-capital (Millionrounds; every figure on the page links to its filing or article)

Brazil · [Investor](https://millionrounds.com/investors)

# Caravela Capital

Last cheque observed Sep 2026; 40 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Technology Fintech Healthcare

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Deploying now

**73%** of best year **8** **cheques in 12 months**, 40 on record

Since the last cheque **59** days **00** hrs **00** min **00** sec

Median round **$3.0M** Cheque size, as they say **$100K – $5.0M** Rounds led **3 of 40** Sole investor **6 rounds** Mostly in **Brazil, 74%**

Pitch Caravela Capital

## Caravela Capital highlights

- 01 8 cheques in the last 12 months
- 02 Mostly Seed and Venture: 70% of its rounds
- 03 Sole investor in 6 rounds, median $2.2M

## What they do

> Brazilian Venture Capital firm investing in early-stage companies in Latam From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Technology Fintech Healthcare
- **Based in:** Sao Paulo, Brazil
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **40 appearances**

- **2026** 5 rounds
- **Sept** **[Bull](https://millionrounds.com/company/bull)** Seed · BR · LatamList **$3.7M** *Led*
- **Jul** **[Aviva](https://millionrounds.com/company/aviva)** Series A · MX · LatamList **$18M** With 8 others
- **Mar** **[IKKB](https://millionrounds.com/company/ikkb)** Pre-seed · BR **$800K** With 1 other
- **Mar** **[Franq](https://millionrounds.com/company/franq)** Series B · BR **$9.1M** With 3 others
- **Feb** **[Ravena](https://millionrounds.com/company/ravena)** Seed · BR · LatamList **$7.6M** With 2 others
- **2025** 11 rounds
- **Dec** **[Gedanken](https://millionrounds.com/company/gedanken)** Venture · BR **$2.2M** Sole investor
- **Dec** **[Revena](https://millionrounds.com/company/revena)** Seed · BR **$7.4M** With 3 others
- **Nov** **[MotoristaPX](https://millionrounds.com/company/motoristapx)** Series B · BR **$47M** With 2 others
- **Oct** **[Agent.Shop](https://millionrounds.com/company/agent-shop)** Seed · BR · LatamList **$1.0M** *Led*
- **Oct** **[CredAluga](https://millionrounds.com/company/credaluga)** Venture · BR **$5.0M** With 2 others
- **Sept** **[CredAluga](https://millionrounds.com/company/credaluga)** Series A · BR · LatamList **$11M** With 3 others
- **Jul** **[OCN](https://millionrounds.com/company/ocn)** Venture · MX **Undisclosed** With 3 others
- **Jun** **[Qonta](https://millionrounds.com/company/qonta)** Venture · BR **Undisclosed** Sole investor
- **Feb** **[CashU](https://millionrounds.com/company/cashu)** Debt · BR · LatamList **$18M** With 2 others
- **Feb** **[Tempo](https://millionrounds.com/company/tempo)** Seed · US **$3.5M** With 2 others
- **Jan** **[nocnoc](https://millionrounds.com/company/nocnoc)** Venture · UY **Undisclosed** With 3 others
- **2024** 5 rounds
- **Nov** **[Sinatra](https://millionrounds.com/company/sinatra)** Pre-seed · BR · LatamList **$800K** With 3 others
- **Oct** **[CredAluga](https://millionrounds.com/company/credaluga)** BR · LatamList **$3.9M** *Led*
- **Aug** **[Franq](https://millionrounds.com/company/franq)** BR **$3.0M** With 3 others
- **Aug** **[Bord](https://millionrounds.com/company/bord)** Seed · US **$250K** With 1 other
- **Mar** **[Phantom Space](https://millionrounds.com/company/phantom-space)** Venture · US **Undisclosed** Sole investor
- **2023** 5 rounds
- **Nov** **[Destaxa](https://millionrounds.com/company/destaxa)** Seed · BR **$6.0M** With 4 others
- **Oct** **[Hubii](https://millionrounds.com/company/hubii)** Seed · BR **$3.0M** With 2 others
- **Sept** **[Allie Systems](https://millionrounds.com/company/allie-systems)** Pre-seed · MX **$2.3M** Sole investor
- **Jun** **[SuaQuadra](https://millionrounds.com/company/suaquadra)** Seed · BR **$4.4M** With 3 others
- **Mar** **[AMORA](https://millionrounds.com/company/amora)** Venture · BR **Undisclosed** With 5 others
- **2022** 6 rounds
- **Sept** **[Vidia](https://millionrounds.com/company/vidia)** Seed · BR **$1.8M** With 2 others
- **Sept** **[Kyte](https://millionrounds.com/company/kyte)** Venture · GB **Undisclosed** With 1 other
- **Feb** **[Sled](https://millionrounds.com/company/sled)** Seed · BR **$94K** With 3 others
- **Feb** **[Saúde Bliss](https://millionrounds.com/company/saude-bliss)** Seed · BR **$1.9M** With 2 others
- **Jan** **[OceanDrop](https://millionrounds.com/company/oceandrop)** Venture · BR **$705K** With 1 other
- **Jan** **[S2 Pets](https://millionrounds.com/company/s2-pets)** Seed · BR **$340K** With 1 other
- **2021** 6 rounds
- **Nov** **[Future Farm](https://millionrounds.com/company/future-farm)** Series C · US **$58M** With 1 other
- **Nov** **[Fazenda Futuro](https://millionrounds.com/company/fazenda-futuro)** Series C · BR **$54M** With 1 other
- **Sept** **[Gank](https://millionrounds.com/company/gank)** Pre-seed · BR **$1.5M** With 2 others
- **Jun** **[Anthor](https://millionrounds.com/company/anthor)** Seed **$1.4M** Sole investor
- **Apr** **[Letz App](https://millionrounds.com/company/letz-app)** Series A **$3.0M** With 2 others
- **Feb** **[Leve](https://millionrounds.com/company/leve)** Seed **$1.3M** With 2 others
- **2020** 2 rounds
- **Mar** **[PhoneTrack](https://millionrounds.com/company/phonetrack)** Seed **$197K** With 2 others
- **Jan** **[Cata Company](https://millionrounds.com/company/cata-company)** Venture **Undisclosed** Sole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **11** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**30** of 48 we have independently watched raise

[Anthor](https://millionrounds.com/company/anthor)[Caju](https://millionrounds.com/company/caju)[Casai](https://millionrounds.com/company/casai)[Cashu](https://millionrounds.com/company/cashu)[Cata Company](https://millionrounds.com/company/cata-company)[Contabilizei](https://millionrounds.com/company/contabilizei)[CredAluga](https://millionrounds.com/company/credaluga)[Destaxa](https://millionrounds.com/company/destaxa)[EmCasa](https://millionrounds.com/company/emcasa)[Emcasa](https://millionrounds.com/company/emcasa)[Gedanken](https://millionrounds.com/company/gedanken)[Hubii](https://millionrounds.com/company/hubii)[IKKB](https://millionrounds.com/company/ikkb)[Intelia](https://millionrounds.com/company/intelia)[Intelia](https://millionrounds.com/company/intelia)[Leve](https://millionrounds.com/company/leve)[Logcomex](https://millionrounds.com/company/logcomex)[Mottu](https://millionrounds.com/company/mottu)[Nocnoc](https://millionrounds.com/company/nocnoc)[Ocean Drop](https://millionrounds.com/company/oceandrop)[Phantom Space](https://millionrounds.com/company/phantom-space)[Qonta](https://millionrounds.com/company/qonta)[Revena](https://millionrounds.com/company/revena)[Robbin](https://millionrounds.com/company/robbin)[S2 Pets](https://millionrounds.com/company/s2-pets)[Sinatra](https://millionrounds.com/company/sinatra)[SuaQuadra](https://millionrounds.com/company/suaquadra)[Trinio](https://millionrounds.com/company/trinio)[ZAX](https://millionrounds.com/company/zax)[aMORA](https://millionrounds.com/company/amora) Allie Anbima Bliss Fazenda Futuro Franq Open Banking James Delivery Kyte Navas Nex Coworking Nexos OCN PX Center Sinc Finance Tecnofit Tempo Troco Simples agentshop kyte.breezy.hr/

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.0M** the round, not its cheque Alone, median **$2.2M**

Led 3 of 40 rounds **8%**

- **Said size:** $100K – $5.0M
- **Sole investor:** 6 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *16*
- Venture *10*
- Pre-seed said *4*
- Series A said *3*
- Series B said *2*
- Series C *2*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Canary](https://millionrounds.com/fund/canary) 8
- [FJ Labs](https://millionrounds.com/fund/fj-labs) 7
- [Norte Ventures](https://millionrounds.com/fund/norte-ventures-2) 5
- [Quona Capital](https://millionrounds.com/fund/quona-capital) 4
- [Bossa Invest](https://millionrounds.com/fund/bossa-invest) 3
- [Darwin Startups](https://millionrounds.com/fund/darwin-startups) 3

**Pitching Caravela Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Caravela Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Canary** VC firm **8** rounds together](https://millionrounds.com/fund/canary)[**FJ Labs** VC firm **7** rounds together](https://millionrounds.com/fund/fj-labs)[**Norte Ventures** VC firm **5** rounds together](https://millionrounds.com/fund/norte-ventures-2)[**Quona Capital** VC firm **4** rounds together](https://millionrounds.com/fund/quona-capital)[**Bossa Invest** VC firm **3** rounds together](https://millionrounds.com/fund/bossa-invest)[**Darwin Startups** Accelerator **3** rounds together](https://millionrounds.com/fund/darwin-startups)[**Global Founders Capital** VC firm **3** rounds together](https://millionrounds.com/fund/global-founders-capital)[**MAYA Capital** VC firm **3** rounds together](https://millionrounds.com/fund/maya-capital)[**Monashees** VC firm **3** rounds together](https://millionrounds.com/fund/monashees)[**Valor Capital Group** VC firm **3** rounds together](https://millionrounds.com/fund/valor-capital)[**Astella** VC firm **2** rounds together](https://millionrounds.com/fund/astella)[**Honey Island** VC firm **2** rounds together](https://millionrounds.com/fund/honey-island)

## Recently backed

The latest companies Caravela Capital put money into.

[**Bull** $3.7M · Sept 2026](https://millionrounds.com/company/bull)[**Aviva** $18M · Jul 2026](https://millionrounds.com/company/aviva)[**IKKB** $800K · Mar 2026](https://millionrounds.com/company/ikkb)[**Franq** $9.1M · Mar 2026](https://millionrounds.com/company/franq)[**Ravena** $7.6M · Feb 2026](https://millionrounds.com/company/ravena)[**Revena** $7.4M · Dec 2025](https://millionrounds.com/company/revena)

## Mentioned on podcasts

Episodes that name Caravela Capital in their description, not their title.

- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 11 Dec 2024 · 43 min Why LatAm? ESOPs with Norte Ventures and Credit Saison Mentions [Credit Saison](https://millionrounds.com/fund/credit-saison)[Norte Ventures](https://millionrounds.com/fund/norte-ventures-2)[Caravela Capital](https://millionrounds.com/fund/caravela-capital) Apple Podcasts

## Quick answers about Caravela Capital

### What does Caravela Capital invest in?

Caravela Capital invests most often at Seed and Venture (70% of the rounds on record), in sectors such as Technology, Fintech and Healthcare.

### How active is Caravela Capital?

40 investments on record, 8 of them in the last 12 months, and it led 3. The most recent was in Sept 2026.

### What has Caravela Capital invested in recently?

Its most recent investments on record: Bull (Seed, Sept 2026), Aviva (Series A, Jul 2026) and IKKB (Pre-seed, Mar 2026).

### How big are Caravela Capital's cheques?

The median round it joins is $3.0M. It says it writes cheques of $100K to $5.0M.

### Does Caravela Capital lead rounds?

Sometimes: it led 3 of its 40 investments on record (8%).

### Where does Caravela Capital invest?

Most of the companies it backs are in Brazil (74%), the United States (11%) and Mexico (9%).

### Is Caravela Capital investing now?

Yes: it is actively investing, with 8 investments in the last 12 months.

### Who does Caravela Capital invest alongside?

Most often Canary (8 rounds together), FJ Labs (7 rounds together) and Norte Ventures (5 rounds together).

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