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About Devise
Devise is a venture capital firm founded in 2009. It is primarily based out of Miami, United States. It primarily invests in Seed round in Brazil based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Retail. Overall, Devise portfolio has seen 1 unicorn and 2 acquisitions, namely Rappi, bxblue and Zozi.Devise's List of Top Investments
Devise has a portfolio of 15 companies, one of which is a Unicorn. Their most notable investmentis in NutrebemTheir portfolio spans across United States, Brazil and Mexico. They have invested in Consumer, Enterprise Applications, Retail and 16 other sectors. Here is the list of top investments by Devise:1. Rappi
Online food ordering and delivery platform. It provides food delivery services from different nearby restaurants. It also enables users to buy medicines, liquor, groceries, and more. Its mobile application is available on Android and iOS platforms.
Key facts about Rappi
- Founded Year: 2015
- Location: Mexico City (Mexico)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $2.46B
- Employee Count: 14,849 as on May 31, 2026
- Investors: Harvest Growth Capital, T. Rowe Price and 64 Others
- Latest Funding Round: Series F, Sep 08, 2025, $*****
- Highlight: Editors' Pick
2. Pipefy
Pipefy is a SaaS-based tool to manage tasks and workflows aimed at startups and SMBs. It allows users to create and manage workflows and tasks which can be assigned and automated with various rules to manage the operations on a single dashboard. Its features include auto-assign, triggers, email automation, lead time alerts, etc. Some of its clients include Accenture, Telefonica, Pfizer, Capgemini, Santander, and Gfk. It offers a subscription-based pricing model.
Key facts about Pipefy
- Founded Year: 2015
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $149M
- Employee Count: 562 as on May 31, 2026
- Investors: OpenView, Across Capital and 35 Others
- Latest Funding Round: Series C, Oct 15, 2021, $*****
- Highlight: Editors' Pick
3. Nuuvem
Online store offering video games. Users can buy, rent games for PC, Mac, and Linux from the store. They can immediately download the games or save them on the cloud. The platform allows users to keep a track of the games bought through their accounts.
Key facts about Nuuvem
- Founded Year: 2011
- Location: Rio de Janeiro (Brazil)
- Stage: Seed
- Employee Count: 88 as on May 31, 2026
- Investors: Devise and SQUARE ENIX
- Latest Funding Round: Seed, Sep 11, 2025, $*****
4. bxblue
bxblue is an online marketplace and comparison platform for payroll deductible loans. It targets people with guaranteed income such as government employees, retirees, etc. Users can compare, choose and get payroll deductible loans online. Guaranteed income is used as collateral for the loans, resulting in lower rates for personal loans.
Key facts about bxblue
- Founded Year: 2017
- Location: Brasilia (Brazil)
- Stage: Acquired
- Total Funding till date: $7.29M
- Employee Count: 19 as on May 31, 2026
- Investors: Zillionize, Igah Ventures and 18 Others
- Latest Funding Round: Series A, Jan 27, 2021, $*****
- Highlight: Acquired
5. Zozi
HD wallpapers and backgrounds for all devices, free to use. This platform offers a vast collection of high-definition wallpapers and backgrounds suitable for various devices. Users can explore diverse categories like 4K, aesthetic, anime, nature, and more, catering to varied tastes and preferences. The site provides free image hosting and tools such as an image upscaler, background remover, and photo enhancer, empowering users to customize and enhance their visual content. It fosters a community of contributors, including photographers and designers, who can earn from their creations. The platform aims to inspire creativity and transform digital environments through its extensive library of visuals, accessible to users worldwide. The site also offers coloring pages and a blog. Users can login, join free, upgrade, make money, edit profile, manage favorites, downloads, folders, and devices.
Key facts about Zozi
- Founded Year: 2007
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $52M
- Employee Count: 32 as on May 31, 2026
- Investors: Western Alliance Bank, Finger Group and 19 Others
- Latest Funding Round: Series C, Jul 01, 2015, $*****
- Highlight: Acquired
Devise's recent investments
Devise has not made any investment in 2026 so far.Here are the most recent investments by Devise:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
- | Brazil | Seed | 3943 | - |
Unicorns in Devise's Portfolio
Devise has 1 unicorn in its portfolio - Rappi. The most recent unicorn in their portfolio is Rappi which became a unicorn in 2018, 7 years before Devise first invested in it.Here is a list of unicorns in Devise's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
78 | Online food ordering and delivery platform | 2015 | Mexico City | Series F | bjrzlfm |
Acquired companies in Devise's Portfolio
2 companies from Devise's portfolio have been acquired. The most recent acquisition was bxblue in Feb 2023 by PicPay for $*****.Here are Devise's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 07, 2023 | - | - | 5495 | |
Apr 18, 2017 | - | - | 4772 |
