Who we are


We are an “operator fund” – entrepreneurs that have done it before and want to do it again - built funds, built companies, scaled and exited them.


Marcos Toledo

Investment and Managing Partner

  • Fund partner & angel investor
  • COO/CCO of M Square
  • Previously at JP Morgan
  • Insper (Master’s in Economics)
  • Poli/USP (Production Engineering)
Julio Vasconcellos

Investment Partner

  • Startup founder & angel investor
  • EIR at Benchmark Capital and CEO of StealthCo
  • Founder & CEO of Peixe Urbano (acquired by Baidu)
  • Growth at Facebook; Founder & Partner of Graph Ventures
  • Stanford MBA / UPenn (Wharton)
Mate Pencz

Investment Partner

  • Startup founder & angel investor
  • Founder of Printi (exit to Vistaprint)
  • Previously at Goldman Sachs, Morgan Stanley and Alta Advisers
  • Harvard (A.B., Economics)
Florian Hagenbuch

Investment Partner

  • Startup founder & angel investor
  • Founder of Printi (exit to Vistaprint)
  • Previously at Goldman Sachs, Blackstone and Silver Lake
  • UPenn (Wharton, Finance & IR)
Patrick de Picciotto

Business Development Partner

  • Fund partner & angel investor
  • Business Devt. & Investor Relations of M Square
  • Previously at Goldman Sachs and Securinvest
  • UPenn (Wharton, Finance & Mgmt)

Meet some of our Operator LPs

The Network of Successful Operators that Support us and our Founders


Alexandre Liuzzi

eGenius


Ariel Morgenstern

Clubeer


Arthur Lazarte

Top Free Games


Benjamin Gleason

GuiaBolso


Brian Requarth

VivaReal


Carlos Moreira

Esporte Interativo


Cristiano Lincoln

Tempest


Daniel Hatkoff

Pitzi


Davi Reis

Worldsense


David Veléz

Nubank


Diego Gomes

Rock Content


Edgar Diniz

Esporte Interativo


Eduardo Wurzmann

IBMEC


Fernando Gadotti

DogHero


Fernando Saddi

Easy Carros


Gabriel Benarrós

Ingresse


Gabriel Braga

QuintoAndar


Guilherme Azevedo

dr.consulta


Guilherme Horn

Accenture


Guilherme Neumann

Nubank


Igor Marchesini

SumUp


Israel Salmen

Meliuz


Joaquim Ribeiro

Technos


Kimball Thomas

Dinda


Lucas Gomes

Quero Bolsa


Luciano Tavares

Magnetis


Luis Fellipe Maia

BTS Properties


Marcelo Sampaio

Endless


Marco Perlman

Digipix


Mauricio Feldman

Volanty


Mike Krieger

Instagram


Ofli Guimarães

Meliuz


Paulo Veras

99


Rodolfo Ohl

Medium


Rodrigo Schmidt

Facebook


Sergio Lopes

Esporte Interativo


Thadeu Morgado

Work & Co


Thiago Alvarez

GuiaBolso


Thomaz Srougi

dr.consulta


Victor Lazarte

Top Free Games


Victor Ribeiro

Google


Vinicius Roveda

ContaAzul


Vitor Lourenço

Expa