# Kaszek Ventures: portfolio, investments and team

> Kaszek Ventures is a vc firm based in Brazil. 153 investments on record, 19 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

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

# Kaszek Ventures

Last cheque observed Oct 2026; 153 cheques on record.

Email

Deploying now New fund $540M, Apr 2023 VC firm

Pre-seed Seed Series A Financial Services Education Healthcare

Follow Kaszek Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fkaszek)

Deploying now

**79%** of best year **19** **cheques in 12 months**, 153 on record

Since the last cheque **11** days **00** hrs **00** min **00** sec

Median round **$19M** Rounds led **15 of 153** Sole investor **19 rounds** Exits **2 from the portfolio** Mostly in **Brazil, 42%**

Pitch Kaszek Ventures

## Kaszek Ventures highlights

- 01 19 cheques in the last 12 months
- 02 Mostly Series A and Series B: 60% of its rounds
- 03 Sole investor in 19 rounds, median $3.5M
- 04 2 exits from the portfolio

## What they do

> We are tech entrepreneurs partnering with the most extraordinary founders in Latin America. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Financial Services Education Healthcare
- **Based in:** Sao Paulo, Brazil
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **153 appearances**

- **2026** 19 rounds
- **Oct** **[Alice](https://millionrounds.com/company/alice)** Series D · BR · Contxto **$40M** With 7 others
- **Sept** **[A5X](https://millionrounds.com/company/a5x)** Series D · BR · LatamList **$70M** *Led*
- **Sept** **[Primero](https://millionrounds.com/company/primero)** Seed · MX · Contxto **$12M** *Led*
- **Sept** **[dr.consulta](https://millionrounds.com/company/dr-consulta)** Growth · BR **$30M** With 3 others
- **Sept** **[Mombak](https://millionrounds.com/company/mombak)** Debt · BR **$39M** With 2 others
- **Aug** **[Yuno](https://millionrounds.com/company/yuno)** Series B · CO · LatamList **$45M** With 9 others
- **Aug** **[Lovable](https://millionrounds.com/company/lovable)** Series C · SE · Menlo Ventures **$400M** With 17 others
- **May** **[Sofía](https://millionrounds.com/company/sofia)** Venture · MX **$21M** With 4 others
- **Apr** **[Segura](https://millionrounds.com/company/segura)** Seed · BR · LatamList **$8.0M** *Led*
- **Apr** **[Somos Internet](https://millionrounds.com/company/somos-internet)** Series B · CO · LatamList **$40M** With 6 others
- **Mar** **[Azos](https://millionrounds.com/company/azos)** Series C · BR · LatamList **$25M** *Led*
- **Mar** **[Cicada](https://millionrounds.com/company/cicada)** Series A · US · LatamList **$14M** With 5 others
- **Mar** **[ARQ](https://millionrounds.com/company/arq)** Series B · Ventureburn **$70M** With 4 others
- **Mar** **[Aplazo](https://millionrounds.com/company/aplazo)** Venture · MX **Undisclosed** With 3 others
- **Feb** **[Comp](https://millionrounds.com/company/comp)** Series A · BR · LatamList **$18M** With 6 others
- **Feb** **[Humand](https://millionrounds.com/company/humand)** Series A · AR · LatamList **$66M** *Led*
- **Feb** **[tapi](https://millionrounds.com/company/tapi)** Series B · MX · Contxto **$27M** *Led*
- **Feb** **[Somos Internet](https://millionrounds.com/company/somos-internet)** Venture · CO **Undisclosed** With 4 others
- **Jan** **[Pomelo](https://millionrounds.com/company/pomelo)** Series C · AR · Contxto **$55M** *Led*
- **2025** 17 rounds
- **Oct** **[Kanastra](https://millionrounds.com/company/kanastra)** Series B · BR · LatamList **$30M** With 10 others
- **Sept** **[Arvo](https://millionrounds.com/company/arvo)** Series A · BR · LatamList **$20M** *Led*
- **Jul** **[Woba](https://millionrounds.com/company/woba)** Series B · LatamList **$14M** With 5 others
- **Jun** **[Justos](https://millionrounds.com/company/justos)** Growth · BR · LatamList **$17M** With 6 others
- **Jun** **[OmniChat](https://millionrounds.com/company/omnichat)** Seed · BR · LatamList **$9.0M** With 3 others
- **Jun** **[Crabi](https://millionrounds.com/company/crabi)** MX · LatamList **$14M** *Led*
- **Apr** **[Clara](https://millionrounds.com/company/clara)** MX · LatamList **$80M** With 2 others
- **Apr** **[Belvo](https://millionrounds.com/company/belvo)** MX · LatamList **$15M** With 8 others
- **Apr** **[Mombak](https://millionrounds.com/company/mombak)** Series A · BR **$30M** With 2 others
- **Apr** **[GOPASS](https://millionrounds.com/company/gopass)** Series A · CO **$8.0M** With 2 others
- **Mar** **[Grão Direto](https://millionrounds.com/company/grao-direto)** Series B · BR · LatamList **$15M** With 8 others
- **Mar** **[Niva](https://millionrounds.com/company/niva)** Seed · US **$5.5M** With 3 others
- **Feb** **[Azos](https://millionrounds.com/company/azos)** Series B · BR · LatamList **$31M** With 4 others
- **Feb** **[Exactly](https://millionrounds.com/company/exactly)** Venture · UY **$2.0M** With 4 others
- **Feb** **[Alice](https://millionrounds.com/company/alice)** Series C · US **$22M** With 3 others
- **Feb** **[Aplazo](https://millionrounds.com/company/aplazo)** Debt · MX **$36M** With 3 others
- **Jan** **[Pipo Saúde](https://millionrounds.com/company/pipo-saude)** Venture · BR **Undisclosed** With 4 others
- **2024** 12 rounds
- **Dec** **[Sofía](https://millionrounds.com/company/sofia)** MX · LatamList **$14M** With 3 others
- **Dec** **[Zig](https://millionrounds.com/company/zig)** Series B · BR · LatamList **$25M** *Led*
- **Nov** **[Bia Energy](https://millionrounds.com/company/bia-energy)** CO · LatamList **$8.5M** With 5 others
- **Nov** **[Cometa](https://millionrounds.com/company/cometa)** Series A · MX · LatamList **$12M** With 5 others

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 **5 named**

HK **Herman Kazah** Director of the general partner of the general partner i Filing they signed

HJ **Hernan Jorge Kazah** Director of the general partner of the general partner i Filing they signed

NC **Nicolas Carlos Szekasy** Director of the general partner of the general partner i Filing they signed

NS **Nicolas Sekasy** Director of the general partner of the general partner i Filing they signed

SN **Szekasy Nicolas** Director of General Partner i Filing they signed

We also hold **27** 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

**$4.3B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Kaszek Management S.a.
- **SEC number:** CRD 162456

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[PedidosYa / PedidosJá](https://millionrounds.com/company/pedidosya-pedidosja)** Bought by [Delivery Hero](https://millionrounds.com/fund/delivery-hero) **Undisclosed** Jun 2014

**[Eventioz](https://millionrounds.com/company/eventioz)** Bought by [Eventbrite](https://millionrounds.com/fund/eventbrite) **Undisclosed** Sept 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$540M**

raised in Apr 2023

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 **$19M** the round, not its cheque Alone, median **$3.5M**

Led 15 of 153 rounds **10%**

- **Sole investor:** 19 rounds
- **Last cheque:** Oct 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Series A said *45*
- Series B said *32*
- Venture *23*
- Seed said *19*
- Series C *10*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) 18
- [Canary](https://millionrounds.com/fund/canary) 17
- [QED Investors](https://millionrounds.com/fund/qed-investors) 17
- [Monashees](https://millionrounds.com/fund/monashees) 14
- [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) 12
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 10

**Pitching Kaszek Ventures?** 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 Kaszek Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Endeavor Catalyst** Corporate VC **18** rounds together](https://millionrounds.com/fund/endeavor-catalyst)[**Canary** VC firm **17** rounds together](https://millionrounds.com/fund/canary)[**QED Investors** VC firm **17** rounds together](https://millionrounds.com/fund/qed-investors)[**Monashees** VC firm **14** rounds together](https://millionrounds.com/fund/monashees)[**Tiger Global Management** VC firm **12** rounds together](https://millionrounds.com/fund/tiger-global-management)[**Y Combinator** Accelerator **10** rounds together](https://millionrounds.com/fund/y-combinator)[**Global Founders Capital** VC firm **9** rounds together](https://millionrounds.com/fund/global-founders-capital)[**Google for Startups** Accelerator **9** rounds together](https://millionrounds.com/fund/google-for-startups)[**Latitud** VC firm **8** rounds together](https://millionrounds.com/fund/latitud)[**Norte Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/norte-ventures-2)[**Ribbit Capital** VC firm **8** rounds together](https://millionrounds.com/fund/ribbit-capital)[**Endeavor** Corporate VC **7** rounds together](https://millionrounds.com/fund/endeavor)

## Recently backed

The latest companies Kaszek Ventures put money into.

[**A5X** $70M · Sept 2026](https://millionrounds.com/company/a5x)[**dr.consulta** $30M · Sept 2026](https://millionrounds.com/company/dr-consulta)[**Mombak** $39M · Sept 2026](https://millionrounds.com/company/mombak)[**Lovable** $400M · Aug 2026](https://millionrounds.com/company/lovable)[**Somos Internet** $40M · Apr 2026](https://millionrounds.com/company/somos-internet)[**Azos** $25M · Mar 2026](https://millionrounds.com/company/azos)

## On podcasts

4 episodes naming Kaszek Ventures in the title, and 1 more that mention it.

- [Venture Unlocked](https://millionrounds.com/podcasts/venture-unlocked) 16 Aug 2023 · 56 min Hernan Kazah of Kaszek Ventures on investing in Latin America, learnings from building a public company, and working with founders With [Hernan Kazah](https://millionrounds.com/person/hernan-kazah) Mentions [Kaszek Ventures](https://millionrounds.com/fund/kaszek) Apple PodcastsShow page
- [The On Call with Insignia](https://millionrounds.com/podcasts/on-call-insignia) 14 Mar 2023 · 29 min The Entrepreneur Venture Capitalist Behind Latin America’s Biggest Technology Companies with Kaszek Ventures Co-Founder and Managing Partner Hernan Kazah (Call #118) With [Hernan Kazah](https://millionrounds.com/person/hernan-kazah) Mentions [Entrepreneur Venture](https://millionrounds.com/fund/entrepreneur-venture)[Kaszek Ventures](https://millionrounds.com/fund/kaszek)[Yinglan Tan](https://millionrounds.com/person/yinglan-tan) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 16 Aug 2021 · 38 min 20VC LATAM: LATAM's Largest Fund, Kaszek Ventures on Scaling from $100M to $1BN, Why Capital is not a Source of Moat & Why LATAM is More Than Copycat Companies with Nicolas Szekasy, Co-Founder @ Kaszek Ventures With [Nicolas Szekasy](https://millionrounds.com/person/nicolas-szekasy) Mentions [Kaszek Ventures](https://millionrounds.com/fund/kaszek) Apple PodcastsShow page
- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 7 May 2020 · 40 min #1 - Venture capital today and lessons from Mercado Libre: Nicolas Szekasy, Kaszek Ventures With [Nicolas Szekasy](https://millionrounds.com/person/nicolas-szekasy) Mentions [Kaszek Ventures](https://millionrounds.com/fund/kaszek) Apple Podcasts

### Mentioned in

- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 25 Oct 2023 · 35 min #161, Fireside chat with Gina Gotthilf and Hernan Kazah at Vamos Latam Summit Apple Podcasts

## Quick answers about Kaszek Ventures

### What does Kaszek Ventures invest in?

Kaszek Ventures invests most often at Series A and Series B (60% of the rounds on record), in sectors such as Financial Services, Education and Healthcare.

### How active is Kaszek Ventures?

153 investments on record, 19 of them in the last 12 months, and it led 15. The most recent was in Oct 2026.

### What has Kaszek Ventures invested in recently?

Its most recent investments on record: Alice (Series D, Oct 2026), A5X (Series D, Sept 2026) and Primero (Seed, Sept 2026).

### How big are Kaszek Ventures's cheques?

The median round it joins is $19M.

### Does Kaszek Ventures lead rounds?

Sometimes: it led 15 of its 153 investments on record (10%).

### Where does Kaszek Ventures invest?

Most of the companies it backs are in Brazil (42%), Mexico (26%) and Colombia (13%).

### Is Kaszek Ventures investing now?

Yes: it is actively investing, with 19 investments in the last 12 months.

### Who does Kaszek Ventures invest alongside?

Most often Endeavor Catalyst (18 rounds together), Canary (17 rounds together) and QED Investors (17 rounds together).

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