DOMO.VC

What DOMO.VC does

DOMO.VC is a Brazilian early-stage venture capital firm headquartered in São Paulo (Itaim Bibi district), founded in 2016 by Marcello Gonçalves and Rodrigo Borges. The firm invests in technology startups across Latin America with a sector-agnostic thesis, deploying equity capital from angel/seed through Series A stages. Its core founders carry repeat-operator credentials: Marcello Gonçalves co-founded Koolen & Partners (K&P) in 2013 with Kees Koolen and personally led early investments in three Brazilian unicorns (Loggi, Gympass, Hotmart), while Rodrigo Borges co-founded Buscapé — sold to Naspers for USD 342 million in 2009 — before becoming an angel investor and co-founding DOMO.VC. The 17-person team combines partners, investment staff, and operations roles with 20+ years of cumulative track record founding, investing in, and advising technology startups.

The firm operates two primary vehicles: DOMO Ventures I (the firm's original early-stage fund dating to 2016) and the Fundo Anjo (FIP Anjo), a closed-end co-investment vehicle won via a 2018 public RFP in which 14 VCs competed and which is anchored by BNDES as institutional LP. FIP Anjo is also backed by BNB, BANDES, BRDE, BANRISUL, BADESUL, and BOSSANOVA, and partners with individual angels, angel groups, and accelerators under a co-investment model designed to reach 70+ startups across Brazil. Revenue mechanics consist of management fees on Assets Under Management across both vehicles plus standard VC carried interest on portfolio exits; capital is raised exclusively through licensed Distribuidoras de Títulos e Valores Mobiliários (DTVMs) from qualified investors, with no public offering. Deal sourcing is primarily referral-driven, supplemented by an online Pitchy.me intake form, and the firm is a member of LAVCA, ANBIMA, ABVCAP, and a PRI signatory.

DOMO.VC's portfolio spans 40+ to 60+ startups across fintech, SaaS, edtech, healthtech, climate tech, proptech, insurtech, mobility, creator economy, and marketplaces, including MeuTudo (10M+ customers), Seazone, SpeedBird Aero, Conta Simples, AgendaEdu, ESG Now, Mission Brasil, NuVidio, Jabuti AGI, and Delfos Energy. The firm is regulated by CVM (Brazilian Securities Commission) as a gestor de investimentos and is ranked by CB Insights among the top three Latin American venture capital firms (alongside Bossa Invest and Redpoint Eventures) as of 2026.

Name

DOMO.VC

Legal name

DOMO.VC

Website

https://domo.vc

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

DOMO.VC is a São Paulo-based early-stage venture capital firm founded in 2016 that invests in technology startups across Latin America, anchored by BNDES via the Fundo Anjo (FIP Anjo) co-investment vehicle, with a 40+ portfolio spanning fintech, SaaS, edtech, healthtech, and climate tech.

Ownership category

akta.pro rank

Product category

Venture Capital / Asset Management

NAICS

Other Financial Vehicles (525990), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Micro-VC & Angel Funds (FSANAAAI)

Keywords

• Early-stage venture capital
• Angel fund management
• Seed-stage investing
• Technology startup investment
• Venture asset management

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management Fees: Earns management fees on Assets Under Management across DOMO Ventures I and FIP Anjo, paid by limited partners (BNDES, BNB, BANDES, BRDE, BANRISUL, BADESUL, BOSSANOVA, and qualified investors). Funds are closed-end vehicles with no public offering.
2. Carried Interest: Standard VC carried interest on exits from the portfolio of 40+ early-stage investments.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Core offering

DOMO.VC is a Brazilian venture capital firm that invests early-stage equity capital in technology startups across Latin America through two main vehicles: the core DOMO Ventures I fund and the BNDES-anchored Fundo Anjo (FIP Anjo) co-investment program. The firm deploys angel, seed, and Series A tickets sector-agnostically, partners with individual angels, angel groups, and accelerators for syndication, and supports founders with active mentorship from operators who previously built and exited Buscapé and personally backed unicorns Loggi, Gympass, and Hotmart.

Product overview

DOMO.VC operates as a unified venture capital platform comprising two primary offerings: the core DOMO.VC Early-Stage Venture Capital Platform, which invests in technology startups across Latin America with a sector-agnostic thesis, and the BNDES-managed Fundo Anjo (Angel Fund), a dedicated Angel/Pre-Seed co-investment vehicle. Together, these two products form an integrated platform supporting over 70 portfolio companies across sectors including Fintech, SaaS, Edtech, Healthtech, ClimateTech, Proptech, Insurtech, Cybersecurity, Mobility, Marketplace, and others, with deep presence in Brazil and expanding operations across Latin America.

Differentiator

Problem solved

Functional benefit

Brands

• Fundo Anjo (FIP Anjo): Angel Fund co-investment vehicle managed by DOMO.VC, selected by BNDES in 2018. Invests in innovative technology-based companies at Angel/Pre-Seed stage with a sector-agnostic thesis, targeting over 70 Brazilian startups.
• DOMO Ventures I

Products and services

• DOMO.VC Early-Stage Venture Capital Platform Brazilian early-stage venture capital platform that invests equity capital in technology startups across Latin America with a sector-agnostic thesis; supports founders from angel/seed through Series A via the DOMO Ventures I fund, with a 40+ portfolio spanning fintech, SaaS, edtech, healthtech, climate, proptech, insurtech, mobility, marketplace, and cybersecurity.
• Fundo Anjo (FIP Anjo) Angel Fund Angel/Pre-Seed co-investment fund managed by DOMO.VC with BNDES as anchor LP and additional support from BNB, BANDES, BRDE, BANRISUL, BADESUL, and BOSSANOVA; deploys sector-agnostic tickets in technology-based startups across Brazil via partnerships with individual angels, angel groups, and accelerators, targeting 70+ startups across the investment period.
• DOMO Ventures I DOMO.VC's first venture capital fund investing in early-stage Brazilian technology startups; referenced as the investment vehicle behind portfolio companies such as MeuTudo.

Quantifiable outcome

• Top 3 Latin American VC by CB Insights 2026 deal activity ranking
• +3 more outcomes

Named customers9 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• LAVCA (Latin American Venture Capital & Private Equity Association)minorOthersLAVCA membership displayed on DOMO.VC's home page alongside a PRI signatory seal, signaling adherence to industry standards.
• ANBIMAminorOthersANBIMA (Brazilian Association of Financial and Capital Market Entities) affiliation displayed on DOMO.VC's home page.
• ABVCAPminorOthersABVCAP (Brazilian Association of Private Equity & Venture Capital) affiliation displayed on DOMO.VC's home page.
• PRI (Principles for Responsible Investment)minorOthersDOMO.VC is a PRI signatory; the seal is displayed on the home page and recognized via LAVCA's PRI badge.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bossa Nova Investimentos (Bossa Invest): Bossa Invest is a Brazilian early-stage VC also ranked in CB Insights' Top 3 LatAm VCs alongside DOMO.VC. It manages co-investment structures and frequently co-leads rounds with DOMO.VC (e.g., RevisaPrev, Pix Mídia), making it the closest direct comparable in stage, geography, and LP overlap.
• Redpoint Eventures: Redpoint Eventures is a Brazilian-focused early-stage VC ranked alongside DOMO.VC in CB Insights' Top 3 LatAm VCs. It targets pre-seed/seed technology startups in Brazil with a comparable sector-agnostic thesis, making it a near-direct peer in fund vintage, ticket size, and portfolio construction.
• Canary: Canary is a Brazilian pre-seed/seed VC focused on technology startups, comparable in stage and geography to DOMO.VC. Both target early-stage Brazilian founders with sector-agnostic theses and operate co-investment networks, making it a strong stage-and-strategy comparable.
• Valor Capital Group: Valor Capital Group is a US-Brazil cross-border early-stage VC that has historically invested in Brazilian and US-based companies targeting Brazil. Comparable to DOMO.VC in stage focus and Brazilian tech thesis, with a different LP base (US LPs vs BNDES-led).
• Atlantico: Atlantico is an early-stage LatAm venture capital firm investing in technology startups across the region. It is comparable to DOMO.VC in fund stage, sector breadth, and Pan-LatAm orientation, with a slightly different geographic mix.
• Maya Capital: Maya Capital is a Brazilian seed-stage venture capital fund, founded by former operators, investing in early-stage Brazilian startups. Comparable to DOMO.VC in stage, geography, and operator-led thesis, though typically at smaller initial check sizes.

Broad incumbents

• Monashees: Monashees is one of the most established Brazilian venture capital firms, investing from seed to growth across multiple sectors. While larger and broader in stage coverage than DOMO.VC, it competes for the same founder mindshare and has a comparable sector-agnostic thesis in Brazilian tech.
• Kaszek Ventures: Kaszek Ventures is one of the largest LatAm-focused venture capital firms, founded by MercadoLibre alumni and investing across stages with a stronger fintech tilt. It is a broader incumbent than DOMO.VC but competes directly for the same Brazilian early-stage deal flow.
• Wayra (Telefónica Vivo): Wayra is the corporate venture arm of Telefónica/Vivo operating across LatAm, including a hub in Brazil. It is a broader incumbent compared to DOMO.VC, but intersects with DOMO.VC's deal flow at the Brazilian early-stage tech layer with sector-agnostic investments.

Regional players

• ALLVP: ALLVP is a Mexican-anchored early-stage VC investing across Mexico and broader LatAm. It is comparable to DOMO.VC in fund stage and sector breadth, but its primary geographic focus on Mexico differentiates it from DOMO.VC's Brazilian core.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/domoinvest
• LinkedInlinkedin.com/company/domovc
• Xx.com/DOMOInvestbr

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments166 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about DOMO.VC