About Igah Ventures
Igah Ventures is a venture capital firm founded in 2011. It is primarily based out of Sao Paulo, Brazil. As of May 2025, Igah Ventures is an active investor, having invested in 45 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in Brazil based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and FinTech. Most recently it participated in the $***** Seed round of Spott Overall, Igah Ventures portfolio has seen 1 unicorn, 1 IPO and 10 acquisitions including key companies like Unico, Infra Commerce and bxblue. A lot of funds co-invest with Igah Ventures, with names like Alexia Ventures sharing a substantial percentage of its portfolio. Igah Ventures has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio IPOs
Portfolio Unicorns
Igah Ventures' List of Top Investments
Igah Ventures has a portfolio of 45 companies, one of which is a Unicorn. Their most notable investments are in Contabilizei and Dattos.Their portfolio spans across Brazil, United States, Argentina and 1 more locations. They have invested in Enterprise Applications, Consumer, FinTech and 21 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Igah Ventures: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: 239 as on Dec 03, 2025
- Investors: FJ Labs, Igah Ventures and 11 Others
- Latest Funding Round: Series C, Dec 05, 2019, $*****
- Highlight: Editors' Pick
2. LogComex
SaaS based trade analytics solution for the logistics industry. The company offers an online platform that can be integrated with other third-party systems for providing to access necessary data. Through this data, the company offers visibility and real-time data-driven insights into shipments or cargo and its tracking based on real-time external factors. Additionally, the company also offers data-driven insights on logistics operations from information.
Key facts about LogComex
- Founded Year: 2015
- Location: Curitiba (Brazil)
- Stage: Series B
- Total Funding till date: $43.4M
- Employee Count: 317 as on Jul 01, 2024
- Investors: Scale Up Venture Capital, Riverwood Capital and 7 Others
- Latest Funding Round: Series B, Nov 17, 2023, $*****
- Highlight: Editors' Pick
3. Unico
Provider of digital identity verification and authentication solutions for businesses. The company offers platforms for identity validation, fraud prevention, and digital admission. Solutions include facial biometrics, document verification, and data integration. These tools aim to enhance security, streamline processes, and improve user experience for various industries.
Key facts about Unico
- Founded Year: 2007
- Location: Sao Paulo (Brazil)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $341M
- Employee Count: 647 as on Jan 31, 2026
- Investors: Goldman Sachs, Viola Group and 10 Others
- Latest Funding Round: Series D, Apr 14, 2022, $*****
- Highlight: Editors' Pick
4. Avenue
Avenue is an online platform focused on trading in stocks, ETFs, REITs, among others. It allows users to buy, sell & trade assets at discount rates. The application can be accessed on iOS and Android devices.
Key facts about Avenue
- Founded Year: 2002
- Location: Miami (United States)
- Stage: Series B
- Total Funding till date: $123M
- Employee Count: 958 as on Mar 31, 2026
- Investors: Igah Ventures, SoftBank Latin America Fund and 1 Other
- Latest Funding Round: Series B, Jul 11, 2022, $*****
- Highlight: Editors' Pick
5. Hashdex
Hashdex offers index investing in cryptocurrencies. Provides Hashdex Digital Assets Index (HDAI) which track cryptocurrencies using proprietary asset pricing methodology. HDAI Digital Assets include Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Stellar, TRON, Bitcoin SV, Cardano, Dash, NEO, Ethereum Classic, and Zcash. Weights for HDAI constituents are calculated according to their relative market capitalizations. Offers Hashdex Index Fund which tracks the performance of the HDAI.
Key facts about Hashdex
- Founded Year: 2018
- Location: Bronxville (United States)
- Stage: Series B
- Total Funding till date: $26M
- Employee Count: 85 as on Mar 31, 2026
- Investors: SoftBank, Igah Ventures and 8 Others
- Latest Funding Round: Series B, May 12, 2021, $*****
- Highlight: Editors' Pick
Igah Ventures' Year-on-Year Investment Trends
Igah Ventures has invested in 45 companies over the last 12 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Spott and most recent follow-on round was in CRMBonus.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 1 | 1 |
2023 | 3 | 1 | 4 |
2022 | 1 | 0 | 1 |
2021 | 8 | 1 | 9 |
2020 | 2 | 0 | 2 |
2019 | 2 | 2 | 4 |
2018 | 1 | 0 | 1 |
Igah Ventures' Investments by Stage
Igah Ventures has made 9 investments in Series A stage with an average round size of $12.4M, 5 investments in Seed stage with an average round size of $1.85M, 4 investments in Series B stage with an average round size of $17.1M and 2 investments in Series C stage with an average round size of $59.1M.Stage of entry | No. of Investments |
|---|---|
Series A | 9 |
Seed | 5 |
Series B | 4 |
Series C | 2 |
Note: We have considered here, only first round of investments
Igah Ventures' Investments by Sector
Igah Ventures has a diverse portfolio, with companies operating in the FinTech, Consumer, Enterprise Applications, Financial Services and HealthTech. Notably, it has invested in 39 Tech companies, 25 Enterprise (B2B) companies, 24 Consumer (B2C) companies and at least 19 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 9 |
Consumer | 7 |
Enterprise Applications | 6 |
Financial Services | 3 |
HealthTech | 3 |
Others | 22 |
Note: We have considered here, only first round of investments
Igah Ventures' Investments by Geography
Igah Ventures has made most investments in Brazil (17), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Brazil | 17 |
United States | 2 |
Uruguay | 1 |
Note: We have considered here, only first round of investments
Igah Ventures' recent investments
Igah Ventures has not made any investment in 2026 so far.Here are the most recent investments by Igah Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 21, 2025 | Brazil | Seed | 9909 | - | |
May 14, 2024 | Brazil | Series B | 1960 | [+3] | |
Nov 17, 2023 | Brazil | Series B | 3719 | [+3] | |
Nov 13, 2023 | Brazil | Series A | 6468 | [+3] | |
Jul 27, 2023 | Brazil | Series B | 5301 | - |
Unicorns in Igah Ventures' Portfolio
Igah Ventures has 1 unicorn in its portfolio - Unico. The most recent unicorn in their portfolio is Unico which became a unicorn in 2021, 4 years before Igah Ventures first invested in it.Here is a list of unicorns in Igah Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
67 | Provider of digital identity verification and authentication solutions for businesses | 2007 | Sao Paulo | Series D | ndrpayz |
IPOs and Publicly Listed companies in Igah Ventures' Portfolio
1 of Igah Ventures' portfolio company became public - Infra Commerce.Here are Igah Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 7080 |
Acquired companies in Igah Ventures' Portfolio
10 companies from Igah Ventures' portfolio have been acquired. The most recent acquisition was Axur in Jan 2026 by Infoblox for $*****.Here are Igah Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 14, 2026 | Jul 27, 2023 | Series B | 8356 | |
Feb 07, 2023 | Jan 27, 2021 | Series A | 9671 | |
Oct 08, 2022 | Oct 05, 2020 | Series A | 4776 | |
Sep 13, 2021 | Mar 16, 2018 | Seed | 2491 | |
Mar 10, 2021 | - | - | 5159 |
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Team profile of Igah Ventures
Igah Ventures has a team of 5 members including 2 Partners located in Brazil. Igah Ventures' team does not sit on the board of any company as of now.Co-investors of Igah Ventures
Over the past 12 years, 90 investors have co-invested in Igah Ventures's portfolio companies. This includes funds and angels.
- Invested before Igah Ventures: Caravela Capital, 500 Global and 22 others have invested in rounds before Igah Ventures. There are 2 companies where Caravela Capital has invested before Igah Ventures and 1 company where 500 Global has invested before Igah Ventures.
- Top Co-investors of Igah Ventures: 37 investors entered a company along with Igah Ventures. These include investors like Alexia Ventures (3 companies).
- Invested after Igah Ventures: A total of 29 investors have invested in Igah Ventures's portfolio after their investments. Top Investors include Vivo Ventures (3 companies), SoftBank Latin America Fund (2 companies) and FJ Labs (1 company).
Recent News related to Igah Ventures
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Liqi’s R$11 Million Investment roundGlobal Legal Chronicle•Sep 19, 2024•VBSO, Liqi, Bronstein, Zilberberg, Chueiri & Potenza Advogados, Igah Ventures
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