About Smart Money Ventures
Smart Money Ventures is a venture capital firm founded in 2014. It is primarily based out of Sao Paulo, Brazil. As of Sep 2023, Smart Money Ventures has invested in 24 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 Consumer and Retail. Most recently it participated in the $***** Seed round of Bondy Overall, Smart Money Ventures portfolio has seen 1 acquisition, namely Gama Academy. A lot of funds co-invest with Smart Money Ventures, with names like DOMO Invest sharing a substantial percentage of its portfolio. Smart Money Ventures has team of 13 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Smart Money Ventures' List of Top Investments
Smart Money Ventures has a portfolio of 24 companies. Their most notable investments are in Vesti and Alpop.Their portfolio spans across Brazil and United States. They have invested in Enterprise Applications, Consumer, Retail and 12 other sectors, across stages such as Seed stage. Here is the list of top investments by Smart Money Ventures:
1. Semantix AI
Provides data governance solutions for all business areas. They help with financial management, management of operational representatives, management of sales operations, and self-service BI. Industries provide solutions to retail, health, financial services, telecom, and more.
Key facts about Semantix AI
- Founded Year: 2010
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $170K
- Employee Count: 4 as on Aug 31, 2026
- Investors: Capital Innovators, Y Combinator and 3 Others
- Latest Funding Round: Seed, Aug 21, 2017, $*****
2. Worldpackers
Worldpackers is an online marketplace that connects travelers with hosts. It connects people who want to travel exchanging their skills for accommodation with hosts that are looking for help in return. It also allows users to create a profile & it's maintained based on reviews, recommendations & endorsements made by previous travellers & hosts. Travellers can also earn money & get an exceptional volunteer certificate, Their app is available for iOS & Android devices.
Key facts about Worldpackers
- Founded Year: 2013
- Location: Coral Gables (United States)
- Stage: Seed
- Employee Count: 361 as on Sep 30, 2026
- Investors: Beta Ventures, Barn Invest and 2 Others
- Latest Funding Round: Seed, Oct 06, 2016, $*****
- Highlight: Editors' Pick
3. Iugu
Iugu offers a white-label payment gateway for accepting online payments. It provides tools for merchants to manage collections, receivables, split payments, and more. Businesses are allowed to accept all forms of payment through online platforms.
Key facts about Iugu
- Founded Year: 2012
- Location: Sao Paulo (Brazil)
- Stage: Series A
- Total Funding till date: $37.2M
- Employee Count: 242 as on Sep 30, 2026
- Investors: Goldman Sachs, HS Investimentos and 6 Others
- Latest Funding Round: Series A, Nov 08, 2023, $*****
- Highlight: Editors' Pick

4. Vesti
Provider of SaaS-based e-commerce suite solutions for businesses. The platform offers solutions like catalog management, order management, payment & shipping management, ERP system integration, and more. The platform also provides an app-based store for brands.
Key facts about Vesti
- Founded Year: 2015
- Location: Sao Paulo (Brazil)
- Stage: Seed
- Total Funding till date: $391K
- Employee Count: 85 as on Sep 30, 2026
- Investors: Aimores Investimentos, Smart Money Ventures and 1 Other
- Latest Funding Round: Seed, Mar 23, 2022, $*****
Online communication platform for educational institutions. The features include announcements and circulars, calendars and schedules, individual student-specific notifications, homework, content and other information delivery, user activity tracking and analytics, read-receipts, chat between individuals and a group of users, API Integration, etc.
Key facts about Escola em Movimento
- Founded Year: 2014
- Location: Belo Horizonte (Brazil)
- Stage: Seed
- Total Funding till date: $618K
- Employee Count: 19 as on Sep 30, 2026
- Investors: Cedro Capital, A5 Capital Partners and 1 Other
- Latest Funding Round: Seed, Feb 28, 2018, $*****
- Highlight: Editors' Pick
Smart Money Ventures' Year-on-Year Investment Trends
Smart Money Ventures has invested in 24 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Bondy.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 2 | 0 | 2 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
Smart Money Ventures' Investments by Stage
Smart Money Ventures has made 7 investments in Seed stage with an average round size of $968K.Smart Money Ventures' Investments by Sector
Smart Money Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, Retail and EdTech. Notably, it has invested in 23 Tech companies, 19 Enterprise (B2B) companies, 15 Software companies and at least 9 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 6 |
Vertical SaaS | 3 |
Consumer | 2 |
Retail | 2 |
EdTech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Smart Money Ventures' Investments by Geography
Smart Money Ventures has made most investments in Brazil (6), followed by United States where it has made 2 investments.Country | No. of Investments |
|---|---|
Brazil | 6 |
United States | 2 |
Note: We have considered here, only first round of investments
Smart Money Ventures' recent investments
Smart Money Ventures has not made any investment in 2026 so far.Here are the most recent investments by Smart Money Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 21, 2023 | Brazil | Seed | 3786 | [+1] | |
May 18, 2023 | Brazil | Seed | 1655 | ||
Jun 22, 2022 | Brazil | Seed | 4665 | - | |
Mar 23, 2022 | Brazil | Seed | 1532 | [+1] | |
Jul 08, 2021 | United States | Seed | 6907 | [+1] |
Acquired companies in Smart Money Ventures' Portfolio
1 company from Smart Money Ventures' portfolio has been acquired. The most recent acquisition was Gama Academy in Jul 2021 by Anima Education for $*****.Here are Smart Money Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 07, 2021 | Jan 29, 2020 | Seed | 1950 |
Team profile of Smart Money Ventures
Smart Money Ventures has a team of 13 members including 6 Partners located in Brazil and Canada. Smart Money Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Smart Money Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Campinas | - | ||
Partner | Brazil | - | - | |
Partner | Brazil | - | - | |
Partner | Toronto | - | - | |
Partner | Porto Alegre | - | ||
Partner | Brazil | - | - |
Co-investors of Smart Money Ventures
Over the past 6 years, 11 investors have co-invested in Smart Money Ventures's portfolio companies. This includes funds and angels.
- Invested before Smart Money Ventures: G2 Capital has invested before Smart Money Ventures.
- Top Co-investors of Smart Money Ventures: 6 investors entered a company along with Smart Money Ventures. These include investors like DOMO Invest (2 companies).
- Invested after Smart Money Ventures: A total of 4 investors have invested in Smart Money Ventures's portfolio after their investments. Top Investors include SmartMoney Ventures (1 company), Lucas Vargas (1 company) and Fabio Povoa (1 company).
Recent News related to Smart Money Ventures
•
Bondy secures $740K for its HR platformLatamList•Sep 28, 2023•Bondy, Smart Money Ventures, Investidores.VC, Incubate Fund
•
uMode receives investment of BRL 2.7 million to bring AI to the fashion marketFusoes & Aquisicoes•May 18, 2023•uMode, SmartMoney Ventures, Investidores.VC, Smart Money Ventures
•
Goldman Sachs leads US$22.5 million investment in fintech iuguContxto•Sep 14, 2020•Goldman Sachs, Iugu, Indicator Capital, Smart Money Ventures
•
Brazilian edtech, Gama Academy, raises US$710,000 to boost its programContxto•Jan 29, 2020•Gama Academy, Smart Money Ventures, Startupi
