About Polaris
Polaris is a venture capital firm founded in 2011. It is primarily based out of Brasilia, Brazil. As of May 2025, Polaris has invested in 15 companies. It primarily invests in Seed round in Brazil based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Seed round of i4sea Overall, Polaris portfolio has seen 1 unicorn, namely Olist. KPTL co-invest with Polaris, sharing a substantial percentage of its portfolio. Polaris has team of 5 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Unicorns
Polaris' List of Top Investments
Polaris has a portfolio of 15 companies, one of which is a Unicorn. Their most notable investments include Olist and i4sea.Their portfolio spans across Brazil and United States. They have invested in Enterprise Applications, FinTech, Consumer and 8 other sectors, across stages such as Seed stage. Here is the list of top investments by Polaris:
1. Olist
Provider of software suite solutions for e-commerce businesses. It connects retailers and marketplaces for selling products. The company enables sellers to manage listings, inventory, orders, shipment tracking, chatbot, and more.
Key facts about Olist
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2. i4sea
Provider of weather forecasting software for the marine industry. It offers a web-based intelligent decision support system for weather forecasting and oceanography. Its solution helps in managing dashboard operations, receiving alerts, and measuring weather conditions.
Key facts about i4sea
- Founded Year: 2015
- Location: Salvador (Brazil)
- Stage: Seed
- Total Funding till date: $6.32M
- Employee Count: 25 as on May 31, 2026
- Investors: KPTL, Capital Lab and 2 Others
- Latest Funding Round: Seed, May 06, 2025, $*****
- Highlight: Editors' Pick
3. RankMyApp
RankMyApp is a provider of an app store optimization platform. The product offered by the company is a tool that provides search engine optimization for application across stores. Its proprietary algorithm helps find the best keywords, in addition to title optimization, competitor identification, category-based ranking optimization, and optimal screenshot display. The clients include Zoom, Rapiddo, and Petlove.
Key facts about RankMyApp
- Founded Year: 2015
- Location: Sao Paulo (Brazil)
- Stage: Series A
- Employee Count: 150 as on May 31, 2026
- Investors: By The Tower, Distrito and 5 Others
- Latest Funding Round: Series A, Apr 14, 2020, $*****
- Highlight: Editors' Pick

4. EduQC
EduQC provides online training for individuals to prepare for public tenders. The offering allows users to analyze their proficiency and prepare for public tenders. It uses artificial intelligence to provide a study plan according to the person's reality, availability of time, and simulated results. It also offers courses in the form of videos and PDF. It has clients that include IESB, Cesuca, FSG, and many more.
Key facts about EduQC
5. Automni
Provider of robotic solutions for internal logistics and industrial automation. The company delivers autonomous mobile robots for material handling in distribution centers and factories. It offers systems for automating forklifts, pallet trucks, and tow tractors. The company’s solutions include AI-powered cameras for safety, product integrity, and tracking.
Key facts about Automni
Polaris' Year-on-Year Investment Trends
In 2025, it made 1 investment. Its most recent first time investment was in i4sea.Polaris' Investments by Stage
Polaris has made 1 investment in Seed stage with an average round size of $1.32M.Polaris' Investments by Sector
Polaris has a diverse portfolio, with companies operating in the Aerospace, Maritime and Defense Tech, Consumer, Enterprise Applications, Transportation and Logistics Tech and Vertical SaaS. Notably, it has invested in 14 Tech companies, 11 Enterprise (B2B) companies, 10 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Aerospace, Maritime and Defense Tech | 1 |
Consumer | 1 |
Enterprise Applications | 1 |
Transportation and Logistics Tech | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
Polaris' Investments by Geography
Polaris has made most investments in Brazil (1).Polaris' recent investments
Polaris has not made any investment in 2026 so far.Here are the most recent investments by Polaris:
Unicorns in Polaris' Portfolio
Polaris has 1 unicorn in its portfolio - Olist. The most recent unicorn in their portfolio is Olist which became a unicorn in 2021, 4 years before Polaris first invested in it.Here is a list of unicorns in Polaris' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of software suite solutions for e-commerce businesses | 2014 | Curitiba | Series E | xqwfbx{ |
Team profile of Polaris
Polaris has a team of 5 members including 2 Partners located in Brazil. Polaris' team does not sit on the board of any company as of now.Co-investors of Polaris
Over the past year, 2 investors have co-invested in Polaris's portfolio companies. This includes funds and angels.
- Invested before Polaris: Capital Lab has invested before Polaris.
- Top Co-investors of Polaris: KPTL entered a company along with Polaris.
Recent News related to Polaris
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i4sea’s R$7.5 Million Investment RoundGlobal Legal Chronicle•May 06, 2025•i4sea, fmderraik.com.br, KPTL, Polaris
