# DGF Investimentos: portfolio, investments and team > DGF Investimentos is a vc firm based in Brazil. 20 investments on record, 3 in the last 12 months, latest Aug 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/dgf-investimentos (Millionrounds; every figure on the page links to its filing or article) Brazil · [Investor](https://millionrounds.com/investors) # DGF Investimentos Last cheque observed Aug 2026; 20 cheques on record. Email Deploying now New fund, Oct 2017 VC firm Pre-seed Seed Series A B2B Software SaaS Applied AI Follow DGF Investimentos and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fdgf-investimentos) Deploying now **100%** of best year **3** **cheques in 12 months**, 20 on record Since the last cheque **65** days **00** hrs **00** min **00** sec Median round **$3.6M** Cheque size, as they say **$100K – $5.0M** Rounds led **3 of 20** Sole investor **12 rounds** Exits **3 from the portfolio** Mostly in **Brazil, 100%** Pitch DGF Investimentos ## DGF Investimentos highlights - 01 3 cheques in the last 12 months - 02 Mostly Series A and Growth: 65% of its rounds - 03 Sole investor in 12 rounds, median $9.0M - 04 3 exits from the portfolio ## What they do > Three decades of venture capital, built on process, discipline and resilience 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:** B2B Software SaaS Applied AI - **Based in:** São Paulo, Brazil - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **20 appearances** - **2026** 3 rounds - **Aug** **[Pluggy](https://millionrounds.com/company/pluggy)** Series A · BR · LatamList **$3.5M** *Led* - **Apr** **[Maggu AI](https://millionrounds.com/company/maggu-ai)** Seed · BR · LatamList **$3.7M** *Led* - **Feb** **[Takeat](https://millionrounds.com/company/takeat)** Series A · BR · LatamList **$2.9M** *Led* - **2019** 1 round - **Aug** **[RD Station](https://millionrounds.com/company/rd-station)** Series D · BR · Crunchbase News **$50M** With 5 others - **2015** 4 rounds - **Oct** **[Geofusion](https://millionrounds.com/company/geofusion)** Growth · BR **$9.0M** Sole investor - **Jul** **[Resultados Digitais](https://millionrounds.com/company/resultados-digitais)** Series B · BR **$4.8M** With 3 others - **Mar** **[Mercado Eletrônico](https://millionrounds.com/company/mercado-eletronico)** Growth **$9.7M** Sole investor - **Jan** **[Mosyle](https://millionrounds.com/company/mosyle)** Series A **Undisclosed** Sole investor - **2014** 3 rounds - **Jul** **[ADTsys](https://millionrounds.com/company/adtsys)** Series A **Undisclosed** Sole investor - **Jun** **[Concil](https://millionrounds.com/company/concil)** Series A · BR **$2.7M** With 1 other - **Feb** **[Ingresse](https://millionrounds.com/company/ingresse)** Series A · BR **Undisclosed** With 2 others - **2013** 2 rounds - **Jul** **[Resultados Digitais](https://millionrounds.com/company/resultados-digitais)** Series A · BR **$2.3M** Sole investor - **Apr** **[Gesto Saúde e Tecnologia](https://millionrounds.com/company/gesto-saude-e-tecnologia)** Venture **Undisclosed** Sole investor - **2012** 1 round - **Feb** **[Ingresse](https://millionrounds.com/company/ingresse)** Seed · BR **Undisclosed** With 1 other - **2010** 1 round - **May** **[Mastersaf](https://millionrounds.com/company/mastersaf)** Growth **Undisclosed** Sole investor - **2009** 2 rounds - **Mar** **[Softway](https://millionrounds.com/company/softway)** Growth · BR **Undisclosed** Sole investor - **Jan** **[Scup](https://millionrounds.com/company/scup)** Seed · BR **Undisclosed** Sole investor - **2008** 1 round - **Oct** **[Digipix](https://millionrounds.com/company/digipix)** Series A **Undisclosed** Sole investor - **2006** 1 round - **Jul** **[Daitan Group](https://millionrounds.com/company/daitan-group)** Series A **Undisclosed** Sole investor - **2005** 1 round - **Jan** **[Wappa](https://millionrounds.com/company/wappa)** Seed **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 Named by the firm itself, on a filing, its Form ADV or its company registration **4 named** DS **Daniel Signorelli Heise** Shareholder i Form ADV FD **Frederico D'Andrea Greve** Director of the General Partner of the General Partner i Filing they signed PA **Patrick Arippol** Director of the General Partner of the General Partner i Filing they signed SC **Sidney Chameh** Director of the General Partner of the General Partner i Filing they signed We also hold **10** 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 the register says From the firm's own filings with the SEC, which it must file accurately by law **$217M** gross assets of its funds, 2 advisers combined Oct 2026 **Exempt** reporting adviser venture or small private funds - **Legal name:** DGF Investimentos Gestao DE Fundos Ltda. - **SEC number:** CRD 315221 ## What they claim to have backed From their own portfolio page (on their website) **7** of 15 we have independently watched raise [Maggu AI copilot](https://millionrounds.com/company/maggu)[Makasí Digital construction](https://millionrounds.com/company/makasi)[Mosyle Apple device management,](https://millionrounds.com/company/mosyle)[Pluggy Open Finance](https://millionrounds.com/company/pluggy)[RD Station Marketing automation,](https://millionrounds.com/company/rd-station)[Takeat All-in-one foodservice](https://millionrounds.com/company/takeat)[Tractian Industrial predictive](https://millionrounds.com/company/tractian) Daitan Software engineering, InHire Data-driven recruiting Logocenter ERP software, Memed Digital prescription Mudflap Financial platform Reclame Aqui Consumer Sólides People management Track Record Study ↗ 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. ## Exits from the portfolio Companies it backed that were later bought or listed **3 in all** **[Scup](https://millionrounds.com/company/scup)** Bought by Sprinklr **Undisclosed** Apr 2015 **[Softway](https://millionrounds.com/company/softway)** Bought by [Thomson Reuters](https://millionrounds.com/fund/thomson-reuters-ventures) **Undisclosed** Apr 2013 **[Mastersaf](https://millionrounds.com/company/mastersaf)** Bought by [Thomson Reuters](https://millionrounds.com/fund/thomson-reuters-ventures) **Undisclosed** May 2011 An exit counts when it came after the firm's first round in the company. From historical deal records. New fund on file **Raised** a new fund in Oct 2017 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$3.6M** the round, not its cheque Alone, median **$9.0M** Led 3 of 20 rounds **15%** - **Said size:** $100K – $5.0M - **Sole investor:** 12 rounds - **Last cheque:** Aug 2026 - **Exits:** 3 from the portfolio Rounds by stage said on their site - Series A said *9* - Growth said *4* - Seed said *4* - Series B said *1* - Series D *1* - Venture *1* - Pre-seed said *-* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Astella Investimentos](https://millionrounds.com/fund/astella-investimentos) 2 - [Redpoint eventures](https://millionrounds.com/fund/redpoint-eventures) 2 **Pitching DGF Investimentos?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as DGF Investimentos. A count of rooms they were both in, not a relationship either has claimed. [**Astella Investimentos** VC firm **2** rounds together](https://millionrounds.com/fund/astella-investimentos)[**Redpoint eventures** VC firm **2** rounds together](https://millionrounds.com/fund/redpoint-eventures) ## Recently backed The latest companies DGF Investimentos put money into. [**Pluggy** $3.5M · Aug 2026](https://millionrounds.com/company/pluggy)[**Takeat** $2.9M · Feb 2026](https://millionrounds.com/company/takeat)[**RD Station** $50M · Aug 2019](https://millionrounds.com/company/rd-station) ## Quick answers about DGF Investimentos ### What does DGF Investimentos invest in? DGF Investimentos invests most often at Series A and Growth (65% of the rounds on record), in sectors such as B2B Software, SaaS and Applied AI. ### How active is DGF Investimentos? 20 investments on record, 3 of them in the last 12 months, and it led 3. The most recent was in Aug 2026. ### What has DGF Investimentos invested in recently? Its most recent investments on record: Pluggy (Series A, Aug 2026), Maggu AI (Seed, Apr 2026) and Takeat (Series A, Feb 2026). ### How big are DGF Investimentos's cheques? The median round it joins is $3.6M. It says it writes cheques of $100K to $5.0M. ### Does DGF Investimentos lead rounds? Yes: it led 3 of its 20 investments on record (15%). ### Where does DGF Investimentos invest? Most of the companies it backs are in Brazil (100%). ### Is DGF Investimentos investing now? Yes: it is actively investing, with 3 investments in the last 12 months. ### Who does DGF Investimentos invest alongside? Most often Astella Investimentos (2 rounds together) and Redpoint eventures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=dgf-investimentos) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=dgf-investimentos)