# Scale-Up Ventures: portfolio, investments and team > Scale-Up Ventures is a vc firm based in Brazil. 16 investments on record, latest Nov 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/scale-up (Millionrounds; every figure on the page links to its filing or article) Brazil · [Investor](https://millionrounds.com/investors) # Scale-Up Ventures Last cheque observed Nov 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Website unconfirmed Pre-seed Seed Series A Healthier Living Telehealth Fintechs Follow Scale-Up Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fscale-up) Cheques on record **0%** of best year **0** **cheques in 12 months**, 16 on record Since the last cheque **369** days **00** hrs **00** min **00** sec Median round **$15M** Cheque size, as they say **$100K – $250K** Rounds led **0 of 16** Mostly in **Canada, 36%** Pitch Scale-Up Ventures ## Scale-Up Ventures highlights - 01 16 rounds on record - 02 Mostly Series B and Seed: 53% of its rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** $100K – $250K as they say - **Stages:** Pre-seed Seed Series A Series B - **Sectors:** Healthier Living Telehealth Fintechs - **Based in:** Sao Paulo, Brazil - **Cold pitches:** Not stated A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=scale-up). ## The record Every round we can evidence, newest first **16 appearances** - **2025** 6 rounds - **Nov** **[Dream Appeal](https://millionrounds.com/company/dream-appeal)** Series A · KR **$1.4M** With 1 other - **Oct** **[Bull](https://millionrounds.com/company/bull)** Pre-seed · BR · LatamList **$1.8M** With 2 others - **Jun** **[Justos](https://millionrounds.com/company/justos)** Growth · BR · LatamList **$17M** With 6 others - **Apr** **[FundThrough](https://millionrounds.com/company/fundthrough)** Series B · CA **$25M** With 2 others - **Mar** **[Grão Direto](https://millionrounds.com/company/grao-direto)** Series B · BR · LatamList **$15M** With 8 others - **Feb** **[Advolve.ai](https://millionrounds.com/company/advolve-ai)** Seed · BR · LatamList **$5.3M** With 4 others - **2023** 1 round - **Jul** **[Solink](https://millionrounds.com/company/solink)** Series C · CA **$60M** With 5 others - **2022** 3 rounds - **Oct** **[Cinchy](https://millionrounds.com/company/cinchy)** Series B · CA **$15M** With 4 others - **Jun** **[Penny](https://millionrounds.com/company/penny)** Growth · GB **$27M** With 1 other - **Jan** **[Canalyst](https://millionrounds.com/company/canalyst)** Series C · CA **$70M** With 1 other - **2021** 1 round - **Aug** **[Paid](https://millionrounds.com/company/paid)** Series B · GB **$15M** With 3 others - **2019** 1 round - **Mar** **[reDock](https://millionrounds.com/company/redock)** Seed · CA · Obj **$1.0M** With 4 others - **2018** 3 rounds - **Aug** **[Nylas](https://millionrounds.com/company/nylas)** Series B · US · FinSMEs **$16M** With 6 others - **Apr** **[Wysdom.AI](https://millionrounds.com/company/wysdom-ai)** Venture **Undisclosed** With 2 others - **Mar** **[Luminate](https://millionrounds.com/company/luminate)** Seed · US · FinSMEs **$14M** With 2 others - **2016** 1 round - **Nov** **[Neuranet](https://millionrounds.com/company/neuranet)** Venture **Undisclosed** With 1 other 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 **3** 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 **5+** funds on file numbered funds in its name ## What they claim to have backed From their own portfolio page (on their website) **4** of 7 we have independently watched raise [Delend](https://millionrounds.com/company/delend)[Insider](https://millionrounds.com/company/insider)[Livance](https://millionrounds.com/company/livance)[OneSkin](https://millionrounds.com/company/oneskin) Empreendedores(as) Endeavor Endeavor Open Opens Wide Eye 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 **$15M** the round, not its cheque Led 0 of 16 rounds **0%** - **Said size:** $100K – $250K - **Sole investor:** Never alone - **Last cheque:** Nov 2025 Rounds by stage said on their site - Series B said *5* - Seed said *3* - Series C *2* - Venture *2* - Growth *2* - Series A said *1* - Pre-seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) 3 - [Canary](https://millionrounds.com/fund/canary) 3 - [Endeavor](https://millionrounds.com/fund/endeavor) 2 - [Kaszek Ventures](https://millionrounds.com/fund/kaszek) 2 - [Real Ventures](https://millionrounds.com/fund/real-ventures-2) 2 **Pitching Scale-Up Ventures?** 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 Scale-Up Ventures. A count of rooms they were both in, not a relationship either has claimed. [**BDC Capital** VC firm **3** rounds together](https://millionrounds.com/fund/bdc-venture-capital)[**Canary** VC firm **3** rounds together](https://millionrounds.com/fund/canary)[**Endeavor** Corporate VC **2** rounds together](https://millionrounds.com/fund/endeavor)[**Kaszek Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/kaszek)[**Real Ventures** Family office **2** rounds together](https://millionrounds.com/fund/real-ventures-2) ## Recently backed The latest companies Scale-Up Ventures put money into. [**Bull** $1.8M · Oct 2025](https://millionrounds.com/company/bull)[**Justos** $17M · Jun 2025](https://millionrounds.com/company/justos)[**FundThrough** $25M · Apr 2025](https://millionrounds.com/company/fundthrough)[**Grão Direto** $15M · Mar 2025](https://millionrounds.com/company/grao-direto)[**Advolve.ai** $5.3M · Feb 2025](https://millionrounds.com/company/advolve-ai)[**Solink** $60M · Jul 2023](https://millionrounds.com/company/solink) ## Quick answers about Scale-Up Ventures ### What does Scale-Up Ventures invest in? Scale-Up Ventures invests most often at Series B and Seed (53% of the rounds on record), in sectors such as Healthier Living, Telehealth and Fintechs. ### How active is Scale-Up Ventures? 16 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2025. ### What has Scale-Up Ventures invested in recently? Its most recent investments on record: Dream Appeal (Series A, Nov 2025), Bull (Pre-seed, Oct 2025) and Justos (Growth, Jun 2025). ### How big are Scale-Up Ventures's cheques? The median round it joins is $15M. It says it writes cheques of $100K to $250K. ### Does Scale-Up Ventures lead rounds? Rarely, if at all: none of its 16 investments on record names it as the lead. ### Where does Scale-Up Ventures invest? Most of the companies it backs are in Canada (36%), Brazil (29%) and the United Kingdom (14%). ### Is Scale-Up Ventures investing now? No investments in the last 12 months; the latest was in Nov 2025. ### Who does Scale-Up Ventures invest alongside? Most often BDC Capital (3 rounds together), Canary (3 rounds together) and Endeavor (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=scale-up) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=scale-up)