About Oria Capital
Oria Capital is a venture capital firm founded in 2009. It is primarily based out of Sao Paulo, Brazil. As of Jun 2022, Oria Capital has invested in 23 companies. 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 Retail and FinTech. Most recently it participated in the $***** Series B round of eureciclo Overall, Oria Capital portfolio has seen 1 IPO and 9 acquisitions including key companies like Zenvia, Linx and Pixeon. A lot of funds co-invest with Oria Capital, with names like Rise Ventures sharing a substantial percentage of its portfolio. Oria Capital has team of 7 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Series A, Series B & 2 more
Portfolio IPOs
Portfolio Acquisitions
Portfolio Soonicorns
Oria Capital's List of Top Investments
Oria Capital has a portfolio of 23 companies. Their most notable investments are in Ambar and Rede Vistorias.Their portfolio spans across Brazil, Argentina and United States. They have invested in Enterprise Applications, Retail, FinTech and 13 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Oria Capital:1. Zenvia
Provider of a platform for automating customer communication and experiences. The platform offers tools for managing customer interactions across various channels. It provides solutions for attracting leads, increasing sales, and improving customer service. The platform includes features for automating conversations and centralizing customer data. It also offers integrations with other business systems.
Key facts about Zenvia
- Founded Year: 2003
- Location: Sao Paulo (Brazil)
- Stage: Public
- Total Funding till date: $54M
- Investors: Twilio, Oria Capital and 1 Other
- Latest Funding Round: Post IPO, Jul 29, 2021, $*****
- Highlight: Public
2. Gupy
Cloud-based suite solutions for HR management. It provides features that include human resource management, recruitment, admission and onboarding, training and development, and more. It provides game-based solutions for microlearning and allows users to create courses for employees. It also offers tools for performance evaluation and provides insights. It offers tools for employee engagement and also offers CRM for candidates. It is the tool available on the subscription-based pricing model.
Key facts about Gupy
- Founded Year: 2015
- Location: Sao Paulo (Brazil)
- Stage: Series C
- Total Funding till date: $103M
- Employee Count: 1,226 as on May 31, 2026
- Investors: Riverwood Capital, SoftBank Latin America Fund and 11 Others
- Latest Funding Round: Series C, Jan 31, 2022, $*****
- Highlight: Editors' Pick
3. eureciclo
Provider of waste management and treatment services. Works by certifying the reverse logistics of post-consumer packaging, connecting companies with recyclers to offset the environmental impact of packaging sold.
Key facts about eureciclo
- Founded Year: 2015
- Location: Sao Paulo (Brazil)
- Stage: Series B
- Total Funding till date: $24.9M
- Employee Count: 118 as on May 31, 2026
- Investors: Headline, HS Investimentos and 7 Others
- Latest Funding Round: Series B, Jun 13, 2022, $*****
- Highlight: Editors' Pick
4. Linx
Linx is a cloud-based suite software for the retail industry. It offers both ERP and POS solutions to various segments including convenience stores, concessionaires, food, fashion, etc. Modules include inventory management, customer relationship management, financial management, supply chain management modules, back-office management, after-sales support, etc. It also offers campaign management solutions, fraud detection & prevention solutions for retailers. Their clients include Walmart, Alpa, and more.
Key facts about Linx
- Founded Year: 1985
- Location: Sao Paulo (Brazil)
- Stage: Acquired
- Employee Count: 4,169 as on May 31, 2026
- Investors: General Atlantic and Oria Capital
- Latest Funding Round: PE, 2011, $*****
- Highlight: Acquired
5. Pixeon
Provider of EHR platform for organizations. The company has developed multiple healthcare management solutions for hospitals, and laboratories. Its product portfolio includes hospital information systems, clinic information systems, radiology information systems, laboratory information systems, picture archiving, and communication systems.
Key facts about Pixeon
- Founded Year: 2011
- Location: Sao Caetano do Sul (Brazil)
- Stage: Acquired
- Total Funding till date: $13.1M
- Employee Count: 394 as on May 31, 2026
- Investors: Riverwood Capital, Intel Capital and 2 Others
- Latest Funding Round: Series A, Nov 22, 2013, $*****
- Highlight: Acquired
Oria Capital's Year-on-Year Investment Trends
Oria Capital has invested in 24 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in eureciclo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 2 | 0 | 2 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
Oria Capital's Investments by Stage
Oria Capital has made 2 investments in Series A stage with an average round size of $6.74M, 2 investments in Series B stage with an average round size of $13.4M, 2 investments in Series C stage with an average round size of $43M and 1 investment in PE stage with an average round size of $54M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series B | 2 |
Series C | 2 |
PE | 1 |
Note: We have considered here, only first round of investments
Oria Capital's Investments by Sector
Oria Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, FinTech, Enterprise Infrastructure and Environment. Notably, it has invested in 21 Enterprise (B2B) companies, 18 Software companies, 18 Tech companies and at least 13 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
Vertical SaaS | 3 |
FinTech | 2 |
Enterprise Infrastructure | 1 |
Environment | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Oria Capital's Investments by Geography
Oria Capital has made most investments in Brazil (6), followed by Argentina where it has made 1 investment.Country | No. of Investments |
|---|---|
Brazil | 6 |
Argentina | 1 |
Note: We have considered here, only first round of investments
Oria Capital's recent investments
Oria Capital has not made any investment in 2026 so far.Here are the most recent investments by Oria Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 13, 2022 | Brazil | Series B | 2716 | [+3] | |
Feb 04, 2022 | Brazil | Series A | 4392 | ||
Dec 26, 2021 | Brazil | Series C | 2793 | [+2] | |
Apr 27, 2020 | Brazil | Series B | 2681 | - | |
Dec 17, 2019 | Brazil | PE | 2683 | - |
IPOs and Publicly Listed companies in Oria Capital's Portfolio
1 of Oria Capital's portfolio company became public - Zenvia. It got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2021 at marketcap of $511MHere are Oria Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 23, 2021 | Dec 17, 2019 | PE | 8365 |
Acquired companies in Oria Capital's Portfolio
9 companies from Oria Capital's portfolio have been acquired. The most recent acquisition was InterPlayers in Apr 2026 by Volaris Group for $*****.Here are Oria Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 30, 2026 | - | - | 8836 | |
Sep 01, 2025 | - | - | 7346 | |
Jul 22, 2025 | - | - | 9760 | |
Feb 09, 2023 | Jul 31, 2014 | Series A | 1074 | |
Oct 27, 2022 | - | - | 7951 |
Team profile of Oria Capital
Oria Capital has a team of 7 members including 3 Partners located in Brazil. Oria Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Oria Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sao Paulo | - | - | |
Partner | Sao Paulo | - | - | |
Partner | Brazil | - | - |
Co-investors of Oria Capital
Over the past 12 years, 32 investors have co-invested in Oria Capital's portfolio companies. This includes only funds.
- Invested before Oria Capital: Endeavor, Yellow Ventures and 14 others have invested in rounds before Oria Capital. There are 2 companies where Endeavor has invested before Oria Capital and 1 company where Yellow Ventures has invested before Oria Capital.
- Top Co-investors of Oria Capital: 9 investors entered a company along with Oria Capital. These include investors like Rise Ventures (1 company).
- Invested after Oria Capital: A total of 7 investors have invested in Oria Capital's portfolio after their investments. Top Investors include Twilio (1 company), Riverwood Capital (1 company) and Wayra (1 company).
Recent News related to Oria Capital
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Eureciclo raises BRL 100 million with an eye on recycling bottlenecksFusoes & Aquisicoes•Jun 13, 2022•eureciclo, Oria Capital, Zenvia, Gupy
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GrupoRV raises BRL 35 million in round led by Oria CapitalInforme Floripa•Feb 07, 2022•Grupo RV, Oria Capital
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Rede Vistorias Raises R＄ 35 Million In Its 3rd Investment Round, Led By Oria CapitalMapa das Franquias•Feb 04, 2022•Rede Vistorias, Oria Capital, G5 Partners, Grupo RV
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HR startup Gupy raises $93 million in Softbank led funding roundPageOne•Jan 31, 2022•Gupy, SoftBank, Riverwood Capital, SoftBank and 4 others
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GrupoRV, from Florianópolis, raises BRL 35 million in a round led by Oria CapitalNoticenter•Jan 01, 2022•Oria Capital, Grupo RV
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Oria Capital raises BRL 500 million in its third growth equity fundPortal Acionista•Apr 19, 2021•Oria Capital
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Oria Capital is the world's first technology-focused PE to become a B Corp companyOria Capital•Nov 18, 2020•Oria Capital
