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monashees

South America, Sao Paulo, Brazil, São Paulo

Description

Monashees is a prominent early-stage venture capital firm headquartered in São Paulo, Brazil, widely recognized as a foundational investor in the Latin American tech ecosystem. Established with a vision to back transformative companies, Monashees maintains a sector-agnostic approach, investing across diverse industries from fintech and logistics to edtech and healthcare. Their primary focus is on "Global Latam" startups, identifying ambitious founders building companies with the potential to scale regionally and internationally, leveraging the vast opportunities within and beyond the continent.

The firm specializes in leading Seed and Series A rounds, providing crucial early capital and strategic guidance to nascent ventures. Monashees is known for its hands-on approach, offering operational support, network access, and expertise to help portfolio companies navigate rapid growth and market expansion. Their typical initial investment for early-stage companies often starts around $1 million, demonstrating their commitment to backing promising ideas from their inception. This strategic deployment of capital is complemented by a deep understanding of local market nuances combined with a global perspective.

Monashees has consistently raised significant capital, underscoring investor confidence in their strategy and market thesis. For instance, in 2022, the firm closed its Monashees IX fund at $200 million, specifically earmarked for Seed and Series A investments, alongside a $150 million growth fund. Over the years, Monashees has built an impressive portfolio of unicorns and high-growth companies, including regional giants like Rappi, Loft, Creditas, and Wildlife Studios. Their success in identifying and nurturing these ventures has cemented their reputation as a key player in shaping the technological landscape of Latin America and beyond, driving innovation and economic development.

Investor Profile

monashees has backed more than 210 startups, with 13 new investments in the last 12 months alone. The firm has led 70 rounds, about 33% of its total and boasts 30 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series B, Seed rounds (top funding stages).
  • Majority of deals are located in Brazil, United States, Colombia.
  • Strong thematic focus on FinTech, Financial Services, Software.
  • Led 4 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series A (35%)
  • Series B (22%)
  • Seed (21%)
  • Series C (8%)
  • Series Unknown (5%)
  • Pre Seed (3%)
  • Series D (2%)
  • Convertible Note (1%)
  • Series E (1%)

Country Focus

  • Brazil (58%)
  • United States (13%)
  • Colombia (12%)
  • Mexico (7%)
  • Argentina (4%)
  • Chile (1%)
  • United Kingdom (1%)
  • Germany (1%)
  • Spain (1%)
  • France (1%)

Industry Focus

  • Fintech
  • Financial Services
  • Software
  • E-commerce
  • Payments
  • Information Technology
  • Marketplace
  • Internet
  • Finance
  • Saas
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does monashees frequently co-invest with?

FJ Labs
North America, New York, United States, New York
Co-Investments: 19
Endeavor Catalyst
North America, New York, United States, New York
Co-Investments: 18
Norte Ventures
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 19
Citius
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 17
Global Founders Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 15
ONEVC
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 19
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 21
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 26
Valor Capital Group
North America, New York, United States, New York
Co-Investments: 22
Kaszek
South America, NA - Uruguay, Uruguay, Montevideo
Co-Investments: 20

Which angels does monashees often collaborate with?

HT
North America, California, United States, San Francisco
Shared Deals: 8
GW
North America, California, United States, San Francisco
Shared Deals: 3
JM
North America, United States
Shared Deals: 5
Ricardo Weder
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 2
Simon Borrero
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 5
Florian Hagenbuch
South America, Sao Paulo, Brazil
Shared Deals: 3
Enrique Villamarin Lafaurie
South America, Distrito Especial, Colombia, Bogotá
Shared Deals: 2
SM
North America, New York, United States, New York
Shared Deals: 3
KE
North America, Utah, United States, Park City
Shared Deals: 6
Guilherme Bonifacio
South America, Sao Paulo, Brazil
Shared Deals: 3

What are some of recent deals done by monashees?

NG.CASH

São Paulo, Sao Paulo, Brazil

NG.CASH is a digital bank for the next generation, helping them master their money and make smarter financial choices every day.

BankingConsumer ApplicationsFinancial ServicesFinTech
Series BJul 14, 2025
Amount Raised: $26,500,000
Simetrik

San Francisco, California, United States

Simetrik offer big data solutions for financial control and automation services for corporate companies.

Data ManagementMarketing AutomationSoftware
Series BJun 5, 2025
Amount Raised: $30,000,000
Simetrik

Bogotá, Distrito Especial, Colombia

Simetrik is a no-code solution that offers the right balance between flexibility and robustness for the reconciliation process automation.

Financial ServicesFinTechPaymentsSoftware
Series BJun 4, 2025
Amount Raised: $30,000,000
Luzia

Madrid, Madrid, Spain

Luzia is a developer of an AI powered personal assistant designed to help in every day life.

Artificial Intelligence (AI)ChatbotInternet
Series UnknownMay 6, 2025
Amount Raised: $13,500,000
Clara

São Paulo, Sao Paulo, Brazil

Clara is a spending management company that provides an end-to-end spend management platform for businesses.

BillingEnterprise SoftwareFinancial ServicesFinTechPayments
Series UnknownApr 29, 2025
Amount Raised: $40,000,000
Félix

San Francisco, California, United States

Félix is ​​a chat-based platform that enables Latinos in the US to send money abroad.

Artificial Intelligence (AI)BlockchainFinTechNatural Language ProcessingPayments
Series BApr 3, 2025
Amount Raised: $75,000,000
Merama

Mexico City, Distrito Federal, Mexico

Merama provides funding, expertise, and resources to help digitally native brands grow and expand their presence.

Consumer GoodsE-CommerceFinanceRetail
Series UnknownApr 2, 2025
Amount Raised: $45,000,000
Tarken

Belo Horizonte, Minas Gerais, Brazil

Tarken is a software company that offers credit automation, stewardship and integration for the agribusiness chain.

AgricultureFarmingInformation ServicesInformation Technology
SeedMar 31, 2025
Music AI

Salt Lake City, Utah, United States

Music AI is a software development company that provides artificial intelligence solutions for music and audio technology.

Artificial Intelligence (AI)AudioMusic
Series AJan 22, 2025
Amount Raised: $40,000,000
Sami

São Paulo, Sao Paulo, Brazil

Sami is a Brazil-based health plan operator leveraging technology to decrease cost of care.

Health CareInformation TechnologyMedicalSoftware
Series BDec 17, 2024
Amount Raised: $10,000,000