Provence Partners
São Paulo venture investor that began in 2015 as a family office investing proprietary capital and now invests for 55+ Brazilian families in Seed to Series B tech companies.
USEFUL FOR Founders · Co-investors
Family & background
- HEADQUARTERS
- São Paulo, Brazil
- FOUNDED
- 2015
- OUTSIDE CAPITAL
- Yes — also manages others' money
Investment approach
- GEOGRAPHY
- Brazil
- STAGES
- SeedSeries ASeries B
- ROUTES
- Direct investments
- STRATEGIES
- Venture capital
- TICKET
- $4M–$7M
Overview
Provence Partners started in 2015 as a family office investing proprietary capital in Brazilian tech entrepreneurs, moved to club deals in 2018 and since 2020 runs managed portfolios for 55+ Brazilian families, with no fixed fund lifecycle. It invests about US$4–7 million per deal in capital-efficient, tech-enabled companies at Seed, Series A and Series B, making around two new investments a year. Its listed portfolio includes Agrolend, CredAluga, Neomed and Finbits, with exits including Wellhub, Nomad and Remessa Online.
Investment thesis
Backs capital-efficient, tech-enabled companies with founders who have deep sector knowledge, sustainable unit economics and a long-term horizon, with no pressure to exit.
Holdings & investments (16)
- Wellhubexited
- Cloudwalk (The Hive)exited
- Nomadexited
- Remessa Onlineexited
- Bnex
- Agrolend
- CredAluga
- Raiô
- IndeCX
- Adventures
- iSystems
- Neomed
- Dolado
- Finbits
- Finpass
- Netshow.me
People
Classification
Family-anchored Fund. Started with one family's capital but now also manages money for third parties. How family capital is classified →
FAQ
Provence Partners is a family-anchored fund based in São Paulo, Brazil, founded in 2015.
Provence Partners invests directly in companies. Its stated asset mix includes venture capital.
Provence Partners invests at Seed, Series A and Series B stages in Fintech, HealthTech and Artificial Intelligence.
Provence Partners's stated ticket size is $4M–$7M.
Key people at Provence Partners include Leo Figueiredo (Founder & Mentor), Marcelo Mitre (Managing Partner), Igor Brito (Managing Partner) and Thomaz Figueiredo (Director of Risk and Compliance).
Provence Partners's holdings and investments include Wellhub, Cloudwalk (The Hive), Nomad, Remessa Online, Bnex, Agrolend, CredAluga and Raiô, among others.
Yes. Provence Partners manages capital from outside investors.