About DGF
DGF is a venture capital firm founded in 1998. It is primarily based out of Sao Paulo, Brazil. As of Aug 2026, DGF is an active investor, having invested in 58 companies, with 4 new investments in the last 12 months. It primarily invests in Seed round in Brazil based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Enterprise Infrastructure. Most recently it participated in the $***** Series A round of Pluggy Technologies Overall, DGF portfolio has seen 1 IPO and 11 acquisitions including key companies like RD Station, Cognitec and Resultados Digitais. A lot of funds co-invest with DGF, with names like Qualcomm Ventures sharing a substantial percentage of its portfolio. DGF has team of 16 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 5 more
Portfolio IPOs
Deals in last 12 months
DGF's List of Top Investments
DGF has a portfolio of 58 companies. Their most notable investments are in Resultados Digitais and Resultados Digitais.Their portfolio spans across Brazil, United States, Colombia and 2 more locations. They have invested in Enterprise Applications, High Tech, Enterprise Infrastructure and 20 other sectors, across stages such as Seed, Series A and 5 more. Here is the list of top investments by DGF:1. Ingresse
Online ticketing marketplace for events. Features include social sharing, mobile ticketing, and an analytics dashboard for sales and audience data. The application is available for iOS and Android. Provides an API that allows users to access tickets from the event organizers website.
Key facts about Ingresse
- Founded Year: 2012
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $32M
- Employee Count: 267 as on Aug 31, 2026
- Investors: Qualcomm Ventures, Igah Ventures and 12 Others
- Latest Funding Round: Series C, Dec 05, 2019, $*****
- Highlight: Editors' Pick
2. TRACTIAN
AI company specializing in predictive maintenance and asset monitoring for manufacturing. The platform provides hardware and software solutions designed to give maintenance technicians oversight of operations. The company's solutions are used in environments that address a combined total of industrial output. The platform identifies machine problems and suggests preventive actions to be taken.
Key facts about TRACTIAN
- Founded Year: 2019
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $196M
- Employee Count: 882 as on Aug 31, 2026
- Investors: Sapphire Ventures, Liquid 2 Ventures and 15 Others
- Latest Funding Round: Series C, Nov 22, 2024, $*****
- Highlight: Editors' Pick
3. Rocket.Chat
Rocket Chat is a cloud-based unified communications collaboration platform provider. The product offered by the company is an open-source application for messaging and video calling. It also provides multiple ranges of solutions that include group messaging, video conferences, file sharing, voice messages, and API integrations for Omnichannel Engagement, Team Collaboration, and DevOps. The features of the product include real-time file sharing and idea-sharing. The clients of the company are BIOTEST, Intel, Blue Hive, SAMSUNG, CAIXA, NOKIA, and NCR.
Key facts about Rocket.Chat
- Founded Year: 2015
- Location: Wilmington (United States)
- Stage: Series A
- Total Funding till date: $37M
- Employee Count: 183 as on Aug 31, 2026
- Investors: Greycroft, Monashees and 13 Others
- Latest Funding Round: Series A, Sep 21, 2023, $*****
- Highlight: Editors' Pick
4. Mosyle
Mosyle's is mobile-based learning management. It provides analytics-based solutions for teachers. Enable teachers to streamline instructional delivery for student engagement and collaboration. Solutions provided include Mosyle manager(solutions to manage Apple products for schools & districts) and Mosyle Business(Apple product management software for organizations).
Key facts about Mosyle
- Founded Year: 2012
- Location: Winter Park (United States)
- Stage: Series B
- Total Funding till date: $410M
- Employee Count: 130 as on Aug 31, 2026
- Investors: Album VC, StepStone Group and 5 Others
- Latest Funding Round: Series B, May 04, 2022, $*****
- Highlight: Editors' Pick
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5. Mudflap
Network providing fuel discount access for commercial vehicle fleet operators. This service facilitates reduced pricing on diesel purchases through a digital application and a payment card system. Participants utilize these tools to manage fuel expenses and monitor transaction activity. The system integrates with existing payment methods to apply savings at participating fuel stations.
Key facts about Mudflap
- Founded Year: 2018
- Location: Menlo Park (United States)
- Stage: Funding Raised
- Employee Count: 183 as on Aug 31, 2026
- Investors: Vertical Venture Partners, 9yards Capital and 4 Others
- Highlight: Editors' Pick
DGF's Year-on-Year Investment Trends
DGF has invested in 58 companies over the last 23 years, with an average of 2 new investments annually in the last 10 years. As of Aug 2026, it has made 4 investments in this year. Its most recent first time investment was in Pluggy Technologies and most recent follow-on round was in Rocket.Chat.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 0 | 0 | 0 |
2024 | 2 | 0 | 2 |
2023 | 2 | 2 | 4 |
2022 | 1 | 1 | 2 |
2021 | 2 | 1 | 3 |
2020 | 0 | 0 | 0 |
2019 | 5 | 0 | 5 |
2018 | 0 | 1 | 1 |
2017 | 0 | 1 | 1 |
DGF's Investments by Stage
DGF has made 15 investments in Seed stage with an average round size of $2.33M, 11 investments in Series A stage with an average round size of $3.85M and 8 investments in PE stage.Stage of entry | No. of Investments |
|---|---|
Seed | 15 |
Series A | 11 |
PE | 8 |
Series B | 3 |
Unattributed | 2 |
Others | 2 |
Note: We have considered here, only first round of investments
DGF's Investments by Sector
DGF has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, FinTech and Retail. Notably, it has invested in 40 Enterprise (B2B) companies, 37 Tech companies, 28 Software companies and at least 20 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 23 |
Consumer | 7 |
Vertical SaaS | 6 |
FinTech | 5 |
Retail | 5 |
Others | 26 |
Note: We have considered here, only first round of investments
DGF's Investments by Geography
DGF has made most investments in Brazil (36), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
Brazil | 36 |
United States | 3 |
Germany | 1 |
Uruguay | 1 |
Note: We have considered here, only first round of investments
DGF's recent investments
DGF has made 4 investments in 2026 so far. Pluggy Technologies and Memed are the latest among them.Here are the most recent investments by DGF:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 27, 2026 | Brazil | Series A | 4925 | [+1] | |
May 21, 2026 | Brazil | Series C | 1577 | [+1] | |
Mar 09, 2026 | Brazil | Series A | 4567 | [+3] | |
Feb 03, 2026 | Brazil | Series A | 3493 | ||
Apr 24, 2024 | Uruguay | Seed | 5159 | [+1] |
IPOs and Publicly Listed companies in DGF's Portfolio
1 of DGF's portfolio company became public - Concil.Here are DGF's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | 2014 | PE | 4938 |
Acquired companies in DGF's Portfolio
11 companies from DGF's portfolio have been acquired. The most recent acquisition was Axur in Jan 2026 by Infoblox for $*****.Here are DGF's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 14, 2026 | - | - | 5781 | |
Aug 10, 2023 | Jun 2014 | Seed | 8696 | |
Oct 27, 2022 | Oct 07, 2015 | Series B | 8201 | |
Mar 08, 2022 | 2006 | Seed | 6301 | |
Jul 06, 2021 | - | - | 8409 |
Team profile of DGF
DGF has a team of 16 members including 6 Partners and 1 Principal located in Brazil and United States. DGF's team does not sit on the board of any company as of now.Here is a list of top team members in DGF:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sao Paulo | - | - | |
Partner | Sao Paulo | - | - | |
Partner | Sao Paulo | - | - | |
Partner | Sao Paulo | - | - | |
Partner | Troy | - | - | |
Partner | Sao Paulo | - | - | |
Principal | Brazil | - | - |
Co-investors of DGF
Over the past 23 years, 82 investors have co-invested in DGF's portfolio companies. This includes funds and angels.
- Invested before DGF: Y Combinator, Intel Capital and 18 others have invested in rounds before DGF. There are 2 companies where Y Combinator has invested before DGF and 2 companies where Intel Capital has invested before DGF.
- Top Co-investors of DGF: 31 investors entered a company along with DGF. These include investors like Qualcomm Ventures (3 companies).
- Invested after DGF: A total of 31 investors have invested in DGF's portfolio after their investments. Top Investors include Redpoint eventures (2 companies), FJ Labs (1 company) and Grupo Globo (1 company).
Recent News related to DGF
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Memed Captures R$ 80 Million Funding for AI Integration and ExpansionBaguete•May 22, 2026•BridgeOne, DGF, Memed
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Maggu AI raises $3.7M to scale its AI platform for pharmaciesLatamList•Apr 09, 2026•Latitud, Norte Ventures, Maggu, Airborne and 1 other
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Maggu AI raises R$ 22 millionBaguete•Mar 10, 2026•Latitud, Norte Ventures, Maggu, Airborne and 2 others
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Inhire attracts investment from DGF, Bridge One, and Endeavor Scale-Up VenturesGrupoglobo•Aug 19, 2025•Endeavorscaleup, InHire, BridgeOne, DGF
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Tractian is valued at $ 4 billion in a round of $ 700 million led by SAP fundGrupoglobo•Nov 22, 2024•TRACTIAN, Sapphire Ventures, General Catalyst, Next47 and 3 others
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Visio.ai, a startup that increases the profitability of physical retail, receives seed funding of R$12 millionnoticiasdabolsa.com.br•Mar 12, 2024•Visio, DGF, Alexia Ventures, Solides and 6 others
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Tractian Raises $45M in Series B FundingFinSMEs•Aug 08, 2023•TRACTIAN, Next47, General Catalyst, DGF
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Astella Leads BRL40m Series A for Brazil’s AmicciLAVCA•Sep 27, 2022•Astella Investimentos, Amicci, DGF, Endeavor Brasil and 11 others
