# Norte Ventures: portfolio, investments and team

> Norte Ventures is a vc firm based in Brazil. 103 investments on record, 25 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/norte-ventures-2 (Millionrounds; every figure on the page links to its filing or article)

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

# Norte Ventures

Last cheque observed Oct 2026; 103 cheques on record.

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Deploying now New fund $10M, Sept 2022 VC firm

Seed Series A Venture Venture Capital & Private Equity

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

Deploying now

**89%** of best year **25** **cheques in 12 months**, 103 on record

Since the last cheque **9** days **00** hrs **00** min **00** sec

Median round **$5.2M** Rounds led **1 of 103** Sole investor **6 rounds** Mostly in **Brazil, 90%**

Pitch Norte Ventures

## Norte Ventures highlights

- 01 25 cheques in the last 12 months
- 02 Mostly Seed and Series A: 71% of its rounds
- 03 Sole investor in 6 rounds, median $3.4M

## What they do

> VC is an industry where multiples are extremely high or zero. From their own website

- **Type:** VC firm
- **Cheque size:** Not stated
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Sao Paulo, Brazil
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **103 appearances**

- **2026** 17 rounds
- **Oct** **[Tractian](https://millionrounds.com/company/tractian)** Series D · BR · Google News search **$130M** With 14 others
- **Oct** **[Stay](https://millionrounds.com/company/stay)** BR · LatamList **$5.7M** With 3 others
- **Aug** **[Fina](https://millionrounds.com/company/fina)** Seed · VE · LatamList **$1.0M** With 4 others
- **Aug** **[Decade](https://millionrounds.com/company/decade)** Seed · BR · LatamList **$85M** With 5 others
- **Aug** **[Strattum](https://millionrounds.com/company/strattum)** Pre-seed · BR · LatamList **$3.2M** With 3 others
- **Jul** **[Jota](https://millionrounds.com/company/jota)** Series A · BR · LatamList **$30M** With 4 others
- **May** **[Robbin](https://millionrounds.com/company/robbin)** Debt · BR **$100M** With 2 others
- **Apr** **[Aro](https://millionrounds.com/company/aro)** Pre-seed · BR · LatamList **$2.5M** With 4 others
- **Apr** **[BOND](https://millionrounds.com/company/bond)** BR · LatamList **$2.0M** With 4 others
- **Apr** **[Inner AI](https://millionrounds.com/company/inner-ai)** Seed · BR · LatamList **$6.0M** With 6 others
- **Apr** **[Maggu AI](https://millionrounds.com/company/maggu-ai)** Seed · BR · LatamList **$3.7M** With 3 others
- **Mar** **[BackChannel](https://millionrounds.com/company/backchannel)** Seed · BR · LatamList **$4.8M** With 8 others
- **Mar** **[Core AI](https://millionrounds.com/company/core-ai)** Seed · BR **$4.1M** Sole investor
- **Feb** **[Comp](https://millionrounds.com/company/comp)** Series A · BR · LatamList **$18M** With 6 others
- **Feb** **[tapi](https://millionrounds.com/company/tapi)** Series B · MX · Contxto **$27M** With 7 others
- **Jan** **[Lerian](https://millionrounds.com/company/lerian)** Seed · BR · LatamList **$5.7M** With 5 others
- **Jan** **[Crown](https://millionrounds.com/company/crown)** Series A · BR · Ventureburn **$14M** With 4 others
- **2025** 27 rounds
- **Dec** **[FlyMedia](https://millionrounds.com/company/flymedia)** Seed · BR · LatamList **$3.7M** With 2 others
- **Dec** **[FlowCredi](https://millionrounds.com/company/flowcredi)** Pre-seed · BR · LatamList **$650K** *Led*
- **Dec** **[BHub](https://millionrounds.com/company/bhub)** Series A · BR · LatamList **$10M** With 8 others
- **Dec** **[Caveo](https://millionrounds.com/company/caveo)** Series A · BR **$6.2M** With 2 others
- **Nov** **[Patagon AI](https://millionrounds.com/company/patagon-ai)** Seed · EC · LatamList **$2.7M** With 3 others
- **Nov** **[BackChannel](https://millionrounds.com/company/backchannel)** Seed · BR **$4.7M** With 4 others
- **Nov** **[Doji](https://millionrounds.com/company/doji)** Seed · BR **$563K** With 2 others
- **Nov** **[Sanii](https://millionrounds.com/company/sanii)** Seed · BR **$923K** With 3 others
- **Oct** **[Crown](https://millionrounds.com/company/crown)** Seed · BR · Ventureburn **$8.1M** With 5 others
- **Oct** **[Nekt](https://millionrounds.com/company/nekt)** Seed · BR · LatamList **$230K** With 1 other
- **Oct** **[Kanastra](https://millionrounds.com/company/kanastra)** Series B · BR · LatamList **$30M** With 10 others
- **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
- **Aug** **[Iniciador](https://millionrounds.com/company/iniciador)** BR · LatamList **$6.0M** With 4 others
- **Aug** **[IORQ](https://millionrounds.com/company/iorq)** Seed · BR · LatamList **$6.4M** With 4 others
- **Jul** **[Iniciador](https://millionrounds.com/company/iniciador)** Seed · BR **$6.0M** With 1 other
- **Jul** **[Nexa Finance](https://millionrounds.com/company/nexa-finance)** Seed · BR **$4.5M** With 3 others
- **May** **[Omni](https://millionrounds.com/company/omni)** Venture · US **Undisclosed** With 1 other
- **Apr** **[Start Carreiras](https://millionrounds.com/company/start-carreiras)** Seed · BR **$2.2M** With 2 others
- **Mar** **[Jusfy](https://millionrounds.com/company/jusfy)** Pre-seed · BR · LatamList **Undisclosed** With 4 others
- **Mar** **[Malga](https://millionrounds.com/company/malga)** Series A · BR · LatamList **$5.5M** With 8 others
- **Mar** **[Jusfy](https://millionrounds.com/company/jusfy)** Seed · BR **$5.2M** With 3 others
- **Feb** **[Neofin](https://millionrounds.com/company/neofin)** Seed · BR · LatamList **$6.0M** With 8 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 **2 named**

GR **Gabriel Rabello Benarros** Managing Member i Filing they signed

JP **Jose Pedro Cacheado Neto** Managing Member i Filing they signed

## What they claim to have backed

From their own portfolio page (on their website)

**60** of 60 we have independently watched raise

[180° Insurance](https://millionrounds.com/company/180-seguros)[Akash](https://millionrounds.com/company/akash)[Aravita](https://millionrounds.com/company/aravita)[Assis](https://millionrounds.com/company/assis)[Avra](https://millionrounds.com/company/avra)[BHub](https://millionrounds.com/company/bhub)[Backchannel](https://millionrounds.com/company/backchannel)[Baze](https://millionrounds.com/company/baze)[Bia](https://millionrounds.com/company/bia-energy)[BotCity](https://millionrounds.com/company/botcity)[Buser](https://millionrounds.com/company/buser)[Capa](https://millionrounds.com/company/capa)[Caveo](https://millionrounds.com/company/caveo)[Cayena](https://millionrounds.com/company/cayena)[ComunicaIn](https://millionrounds.com/company/comunica-in)[Core AI](https://millionrounds.com/company/core-ai)[CredAluga](https://millionrounds.com/company/credaluga)[Cubbo](https://millionrounds.com/company/cubbo)[Decade](https://millionrounds.com/company/decade)[Destaxa](https://millionrounds.com/company/destaxa)[Doji](https://millionrounds.com/company/doji)[Dolado](https://millionrounds.com/company/dolado)[Drjones](https://millionrounds.com/company/dr-jones)[Elevva](https://millionrounds.com/company/elevva)[Flieber](https://millionrounds.com/company/flieber)[Flowcredi](https://millionrounds.com/company/flowcredi)[Fly Media](https://millionrounds.com/company/flymedia)[Frizata](https://millionrounds.com/company/frizata)[Gabriel](https://millionrounds.com/company/gabriel)[IORQ](https://millionrounds.com/company/iorq)[Idwall](https://millionrounds.com/company/idwall)[Iniciador](https://millionrounds.com/company/iniciador)[Inner AI](https://millionrounds.com/company/inner-ai)[Isa Health](https://millionrounds.com/company/isa-saude)[Jota](https://millionrounds.com/company/jota)[Jusfy](https://millionrounds.com/company/jusfy)[Kamino](https://millionrounds.com/company/kamino)[Kanastra](https://millionrounds.com/company/kanastra)[Kovi](https://millionrounds.com/company/kovi)[Lerian](https://millionrounds.com/company/lerian)[Lexter](https://millionrounds.com/company/lexter)[Liti](https://millionrounds.com/company/liti)[Loopi](https://millionrounds.com/company/loopi)[Maggu](https://millionrounds.com/company/maggu)[Malga](https://millionrounds.com/company/malga)[Mecanizou](https://millionrounds.com/company/mecanizou)[Menta](https://millionrounds.com/company/menta)[Morado](https://millionrounds.com/company/morado)[NG.CASH](https://millionrounds.com/company/ng-cash)[Nekt](https://millionrounds.com/company/nekt)[Neofin](https://millionrounds.com/company/neofin)[Neuralmed](https://millionrounds.com/company/neuralmed)[Newtail](https://millionrounds.com/company/newtail)[Nexa Finance](https://millionrounds.com/company/nexa-finance)[Nomad](https://millionrounds.com/company/nomad)[Nomo](https://millionrounds.com/company/nomo)[Norma](https://millionrounds.com/company/norma)[Null Platform](https://millionrounds.com/company/nullplatform)[Palomma](https://millionrounds.com/company/palomma)[Patagon AI](https://millionrounds.com/company/patagon-ai) and 62 more

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.

New fund on file

**$10M**

raised in Sept 2022

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Venture

Median round joined **$5.2M** the round, not its cheque Alone, median **$3.4M**

Led 1 of 103 rounds **1%**

- **Sole investor:** 6 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Seed *49*
- Series A *17*
- Venture *15*
- Pre-seed *7*
- Series B *5*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Canary](https://millionrounds.com/fund/canary) 22
- [MAYA Capital](https://millionrounds.com/fund/maya-capital) 16
- [Latitud](https://millionrounds.com/fund/latitud) 13
- [Valor Capital Group](https://millionrounds.com/fund/valor-capital) 11
- [Monashees](https://millionrounds.com/fund/monashees) 10
- [ONEVC](https://millionrounds.com/fund/onevc) 10

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

[**Canary** VC firm **22** rounds together](https://millionrounds.com/fund/canary)[**MAYA Capital** VC firm **16** rounds together](https://millionrounds.com/fund/maya-capital)[**Latitud** VC firm **13** rounds together](https://millionrounds.com/fund/latitud)[**Valor Capital Group** VC firm **11** rounds together](https://millionrounds.com/fund/valor-capital)[**Monashees** VC firm **10** rounds together](https://millionrounds.com/fund/monashees)[**ONEVC** VC firm **10** rounds together](https://millionrounds.com/fund/onevc)[**FJ Labs** VC firm **9** rounds together](https://millionrounds.com/fund/fj-labs)[**Alexia Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/alexia-ventures)[**Global Founders Capital** VC firm **8** rounds together](https://millionrounds.com/fund/global-founders-capital)[**Kaszek Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/kaszek)[**Y Combinator** Accelerator **7** rounds together](https://millionrounds.com/fund/y-combinator)[**Caravela Capital** VC firm **5** rounds together](https://millionrounds.com/fund/caravela-capital)

## Recently backed

The latest companies Norte Ventures put money into.

[**Tractian** $130M · Oct 2026](https://millionrounds.com/company/tractian)[**Stay** $5.7M · Oct 2026](https://millionrounds.com/company/stay)[**Decade** $85M · Aug 2026](https://millionrounds.com/company/decade)[**Robbin** $100M · May 2026](https://millionrounds.com/company/robbin)[**Aro** $2.5M · Apr 2026](https://millionrounds.com/company/aro)[**BOND** $2.0M · Apr 2026](https://millionrounds.com/company/bond)

## On podcasts

1 episode naming Norte Ventures in the 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 Norte Ventures

### What does Norte Ventures invest in?

Norte Ventures invests most often at Seed and Series A (71% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is Norte Ventures?

103 investments on record, 25 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has Norte Ventures invested in recently?

Its most recent investments on record: Tractian (Series D, Oct 2026), Stay (Oct 2026) and Fina (Seed, Aug 2026).

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

The median round it joins is $5.2M.

### Does Norte Ventures lead rounds?

Sometimes: it led 1 of its 103 investments on record (1%).

### Where does Norte Ventures invest?

Most of the companies it backs are in Brazil (90%).

### Is Norte Ventures investing now?

Yes: it is actively investing, with 25 investments in the last 12 months.

### Who does Norte Ventures invest alongside?

Most often Canary (22 rounds together), MAYA Capital (16 rounds together) and Latitud (13 rounds together).

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