Volpe Capital
Volpe Capital is a São Paulo-based venture capital firm investing US$5-10 million in Series A and B tech and tech-enabled startups across Latin America, primarily Brazil, through funds anchored by BTG Pactual and Desenvolve SP.
- Company typePrivate
- Founded2020
- HeadquartersSão Paulo, Brazil
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Volpe Capital does
Volpe Capital is a São Paulo-headquartered venture capital firm founded in 2020 that invests in tech and tech-enabled high-growth companies across Latin America, with primary focus on Brazil. The firm manages venture capital funds that deploy Series A and Series B equity capital in check sizes of US$5-10 million, targeting long-term capital appreciation through portfolio company exits. Its stated investment thesis centers on partnering with entrepreneurs disrupting massive industries, offering hands-on support, local proximity, and access to a global network to help Latin American companies scale internationally.
The firm's core product is its fund management platform, currently anchored by a second fund that completed a US$50 million first closing in March 2026 with a US$100 million target. BTG Pactual serves as anchor investor for both Fund I and Fund II, while Desenvolve SP, the São Paulo state development agency, committed R$35 million to Fund II via a public call. The firm differentiates through a hybrid team of investors, operators, and strategists and operates a portfolio community platform called Volpe Day to connect founders with its network.
Volpe Capital's go-to-market is relationship-driven deal sourcing in Latin America, with marketing support via LinkedIn, Instagram, newsletter, and its corporate website. Revenue mechanics follow the standard VC fund model — recurring management fees on committed capital plus carried interest on exits — rather than product or service pricing. The firm maintains 1-10 employees and is privately held.
Volpe Capital firmographics
Firmographics- Name
- Volpe Capital
- Legal name
- Volpe Capital
- Website
- https://www.volpecapital.com/
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Volpe Capital is a São Paulo-based venture capital firm investing US$5-10 million in Series A and B tech and tech-enabled startups across Latin America, primarily Brazil, through funds anchored by BTG Pactual and Desenvolve SP.
- Ownership category
- akta.pro rank
Volpe Capital industry classification
Industry- Product category
- Venture Capital and Private Equity
- NAICS
- Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Volpe Capital is headquartered
LocationHeadquarters
- HQ city
- São Paulo
- HQ country
- Brazil
- HQ region
- Latin America
Offices1 record
Markets served
Volpe Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- VC Fund Management: Volpe Capital operates as a venture capital fund manager, generating returns through equity investments in portfolio companies. The firm raises capital from anchor investors and development agencies, deploying it into early to mid-stage tech startups with the goal of achieving long-term capital appreciation through exits.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Volpe Capital product offering
Product offeringCore offering
Volpe Capital is a São Paulo-based venture capital firm that invests US$5–10 million per deal in technology and tech-enabled high-growth startups across Latin America, focused on Series A and Series B financing rounds. The firm manages venture capital funds (Fund I and Fund II, with the latter targeting US$100 million after a US$50 million first close) and provides portfolio companies with growth capital alongside operational support.
Product overview
Volpe Capital is a venture capital firm that operates as a single unified offering focused on investing in tech and tech-enabled high growth opportunities across Latin America. The firm manages venture capital funds, primarily investing in Series A and B startups with check sizes of US$5-10 million, with an increased focus on artificial intelligence. The investment services are supported by Volpe Day events and portfolio company support.
Differentiator
Problem solved
Functional benefit
Products and services
- Volpe Capital Fund I Venture capital fund providing Series A and Series B equity investments of US$5–10 million per company to technology and tech-enabled high-growth startups across Latin America, with Volpe Capital acting as fund manager and providing portfolio support.
- Volpe Capital Fund II Second venture capital fund from Volpe Capital targeting US$100 million in commitments, with a US$50 million first close, continuing the firm's Series A and B growth-equity strategy in Latin American technology and tech-enabled businesses, with US$5–10 million check sizes per portfolio company.
Companies that use Volpe Capital
Customer profileSegments1 record
Ideal customer profiles1 record
Volpe Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Volpe Capital partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights5 records
Volpe Capital competitors and assessment
Company assessmentDirect peers
- Kaszek Ventures: The largest LatAm-focused venture capital firm, investing in tech-enabled companies primarily in Brazil and Argentina across Series A and beyond. Directly comparable to Volpe Capital in geography, stage focus, and tech-thesis orientation.
- Monashees: Brazil-based VC firm investing in early-to-growth stage tech startups across Latin America. Highly comparable as a homegrown LatAm VC with a similar Series A/B orientation and tech focus.
- ALLVP: Mexico-based early-to-growth stage VC investing in tech-enabled businesses across Latin America. Closely comparable thesis, stage focus, and LatAm tech mandate as Volpe Capital.
- Nazca (formerly Mountain Nazca): Mexico City-based VC firm focused on early-stage technology companies in Latin America, particularly in financial services, health, and enterprise. Directly comparable stage focus and LatAm tech mandate.
- Valor Capital Group: US-Brazil cross-border venture firm investing in technology companies in Brazil and the broader LatAm region. Comparable focus on Brazilian tech with growth-stage orientation.
- Bicycle Capital: Early-stage venture capital firm dedicated to founders building the future of financial services and technology across Latin America. Directly comparable in LatAm tech stage-A/B focus.
- Quona Capital: Emerging-markets fintech-focused VC firm with strong LatAm presence investing in Series A/B fintech and tech-enabled companies. Comparable in stage, tech thesis, and emerging-markets mandate.
- Atlantico: Latin America-focused early-to-growth stage VC investing in tech-enabled businesses across the region. Comparable in geography, stage focus, and tech-first thesis.
Regional players
- DILA Capital: Mexico-based early-stage venture capital firm investing in tech and tech-enabled companies across Latin America. Comparable stage and tech thesis but more Mexico-weighted than Volpe's Brazil-weighted mandate.
Emerging players
- Oria: Brazilian venture capital firm backing early-stage tech-enabled companies, including in fintech and SaaS. Comparable in geography and tech-first orientation at the Series A stage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Volpe Capital social profiles
Digital presenceVolpe Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Volpe Capital leadership team
Management profileNumber of profiles
Profiles2 records
Volpe Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Volpe Capital M&A and investment
M&A and investmentM&A
Investments15 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Volpe Capital
What does Volpe Capital do?
Volpe Capital is a São Paulo-based venture capital firm that invests US$5–10 million per deal in technology and tech-enabled high-growth startups across Latin America, focused on Series A and Series B financing rounds. The firm manages venture capital funds (Fund I and Fund II, with the latter targeting US$100 million after a US$50 million first close) and provides portfolio companies with growth capital alongside operational support.
Is Volpe Capital a public or private company?
Volpe Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Volpe Capital founded?
Volpe Capital was founded in 2020. It employs 1 to 10 people.
Where is Volpe Capital based?
Volpe Capital is headquartered in São Paulo, Brazil, in the Latin America region.
How does Volpe Capital make money?
One revenue line is on record: VC Fund Management.
Who are Volpe Capital's main competitors?
Direct peers on record are Kaszek Ventures, Monashees, ALLVP, Nazca (formerly Mountain Nazca), Valor Capital Group, Bicycle Capital, Quona Capital and Atlantico. DILA Capital is listed as a regional player. Oria is listed as an emerging player.
Does Volpe Capital have an API?
No public API is recorded for Volpe Capital.
What industry is Volpe Capital in?
Volpe Capital's product category is Venture Capital and Private Equity. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 5259 and its SIC code is 6282.