About DXA
DXA is a venture capital firm founded in 2012. It is primarily based out of Sao Paulo, Brazil. As of Jun 2024, DXA has invested in 12 companies. It primarily invests in Series A round in Brazil based startups. Its investments are spread across a wide range of sectors from Consumer to Food and Agriculture Tech and Retail. Most recently it participated in the $***** Series A round of Flapper Overall, DXA portfolio has seen 1 acquisition, namely Zee.Dog. A lot of funds co-invest with DXA, with names like Arieninvest sharing a substantial percentage of its portfolio. DXA has team of 8 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
DXA's List of Top Investments
DXA has a portfolio of 12 companies. Their most notable investments are in NoMoo Plant-Based and Zee.Dog.Their portfolio spans across Brazil and United States. They have invested in Consumer, Food and Agriculture Tech, Retail and 11 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by DXA:Provider of integrated air and ground logistics solutions. It offers multimodal distribution, customized solutions for various industries, and a comprehensive tracking system for complete supply chain visibility. Services include warehousing, transportation of diverse goods—including pharmaceuticals, perishables, and hazardous materials—and strategic logistics planning. The company utilizes its own air fleet and a robust ground network to ensure efficient and secure delivery. Specialized handling is provided for sensitive cargo types.
Key facts about Modern Logistics
- Founded Year: 2011
- Location: Jundiai (Brazil)
- Stage: Series C
- Total Funding till date: $95.8M
- Employee Count: 292 as on Sep 30, 2026
- Investors: DXA Investments, DXA and 1 Other
- Latest Funding Round: Series C, Apr 06, 2020, $*****
- Highlight: Editors' Pick
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2. Flapper
App-based marketplace for private aviation flights. The platform connects users with private air carriers such as helicopters and jet flights. Users can select the destination and landing address on the map and book the service. Allows seat-sharing, charter bookings, and ancillary services.
Key facts about Flapper
- Founded Year: 2015
- Location: Sao Paulo (Brazil)
- Stage: Series A
- Total Funding till date: $8.63M
- Employee Count: 80 as on Sep 30, 2026
- Investors: Confrapar, Investidores.VC and 9 Others
- Latest Funding Round: Series A, Mar 2025, $*****
- Highlight: Editors' Pick
3. B4A
Provider of software suite solutions for beauty brands. The platform connects consumers, brands & influencers by providing beauty subscription services according to beauty profiles which take into account their physical characteristics, consumer preferences & demographics, provides insights on market intelligence, customer behavior, brand & product evaluation, offers influencer-based product promotions & marketing, social network selling, and more.
Key facts about B4A
4. Zee.Dog
Retailer of various pet supplies, accessories, and related human products. The company provides a selection of leashes, harnesses, collars, toys, beds, and bowls for dogs and cats. Additionally, it offers key caps, cable protectors, and stickers for humans. The company also provides gift cards.
Key facts about Zee.Dog
- Founded Year: 2009
- Location: Raleigh (United States)
- Stage: Acquired
- Total Funding till date: $18.8M
- Employee Count: 165 as on Sep 30, 2026
- Investors: Quartz, TreeCorp and 1 Other
- Latest Funding Round: Series B, Jul 07, 2020, $*****
- Highlight: Acquired
5. Sikur
SIKUR provides a solution for secure communication. The products offered by the company are SIKUR Phone and SIKUR Messenger. SIKUR Messenger provides solution for an encryption-based secure communication solution. SIKUR Phone is a privacy-focused safe smartphone which includes SikurOS and SIKUR messenger for privacy protection.
Key facts about Sikur
- Founded Year: 2017
- Location: Brasilia (Brazil)
- Stage: Seed
- Employee Count: 19 as on Sep 30, 2026
- Investors: Demtech, DXA Investments and 2 Others
- Latest Funding Round: Seed, Oct 29, 2019, $*****
DXA's Year-on-Year Investment Trends
DXA has invested in 12 companies over the last 14 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Agro and most recent follow-on round was in Flapper.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 1 | 2 |
2023 | 0 | 0 | 0 |
2022 | 3 | 0 | 3 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
2019 | 1 | 0 | 1 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
DXA's Investments by Stage
DXA has made 6 investments in Series A stage with an average round size of $5.33M, 2 investments in Seed stage, 1 investment in Grant (prize money) stage with an average round size of $5M and 1 investment in Series B stage with an average round size of $30.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 6 |
Seed | 2 |
Grant (prize money) | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
DXA's Investments by Sector
DXA has a diverse portfolio, with companies operating in the Consumer, Consumer Goods, Enterprise Applications, Food and Agriculture and Food and Agriculture Tech. Notably, it has invested in 7 Tech companies, 6 Enterprise (B2B) companies, 5 Consumer (B2C) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 4 |
Consumer Goods | 3 |
Enterprise Applications | 3 |
Food and Agriculture | 2 |
Food and Agriculture Tech | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
DXA's Investments by Geography
DXA has made most investments in Brazil (9), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Brazil | 9 |
United States | 1 |
Note: We have considered here, only first round of investments
DXA's recent investments
DXA has not made any investment in 2026 so far.Here are the most recent investments by DXA:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 21, 2024 | Brazil | Series A | 2787 | [+3] | |
Jan 11, 2024 | Brazil | Series A | 4632 | - | |
Nov 13, 2022 | Brazil | Series A | 2599 | ||
May 02, 2022 | Brazil | Series A | 5964 | ||
Feb 23, 2022 | Brazil | Series A | 7953 | - |
Acquired companies in DXA's Portfolio
1 company from DXA's portfolio has been acquired. The most recent acquisition was Zee.Dog in Aug 2021 by Petz for $*****.Here are DXA's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 17, 2021 | Sep 18, 2017 | Series A | 6669 |
Team profile of DXA
DXA has a team of 8 members located in Brazil and United States. DXA's team does not sit on the board of any company as of now.Here is a list of all team members in DXA:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | Brazil | - | - | |
Principal | Brazil | - | - |
Co-investors of DXA
Over the past 14 years, 15 investors have co-invested in DXA's portfolio companies. This includes funds and angels.
- Invested before DXA: Confrapar, Travel Capitalist Ventures and 6 others have invested in rounds before DXA. There is 1 company where Confrapar has invested before DXA and 1 company where Travel Capitalist Ventures has invested before DXA.
- Top Co-investors of DXA: 2 investors entered a company along with DXA. These include investors like Arieninvest (1 company).
- Invested after DXA: A total of 5 investors have invested in DXA's portfolio after their investments. Top Investors include H.I.G. Capital (1 company), Investidores.VC (1 company) and SMU (1 company).
Recent News related to DXA
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Flapper raises new investment to expand technology and launch aircraft management programGrupoglobo•Jun 21, 2024•Arieninvest, Adlanter, Flapper, DXA and 1 other
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DXA repurchases TC's share and creates alternatives platformFusoes & Aquisicoes•May 29, 2024•DXA, TC
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With over R$10 million in cash, A de Agro wants to move forward with its plans to become a 'marketplace'Fusoes & Aquisicoes•Feb 25, 2024•Agro, DXA, Suno
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DXA Invest and Arien Lead ~USD6m Series A+ for Brazil’s Aviation Platform FlapperLAVCA•Nov 23, 2022•Flapper, DXA
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Executive aviation Uber, Flapper raises BRL 30 million with DXA and ArienFusoes & Aquisicoes•Nov 14, 2022•Flapper, DXA, Arieninvest, Aerotech
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DXA manager has BRL 200 million to invest in smaller companies this yearFusoes & Aquisicoes•Jul 01, 2022•DXA
