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Atlantico

São PauloATLANTICO
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Dossier Summary

Growth-stage fund focused exclusively on Latin American technology companies.

Classification
Slugatlantico
HQSão Paulo
Stage FocusSeries A to B focused, occasionally Seed. Heavy concentra…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

Atlantico is one of the more established names in LatAm VC, which cuts both ways. They have genuine expertise in navigating Brazilian bureaucracy and regulatory complexities, plus solid connections to help with expansion across the region. The partners know enterprise sales cycles and have helped several companies achieve meaningful scale. However, they can be slow to move and overly focused on traditional metrics — don't expect them to take big swings on experimental models. They're also known for being quite hands-on post-investment, which some founders love and others find suffocating. If you're building a solid B2B business that needs LatAm expertise, they're worth talking to. If you're doing something weird or moving fast, look elsewhere.

KEY TAKEAWAYS
  • Best for: Established B2B SaaS companies needing LatAm market expertise
  • Watch out for: Slow decision-making and heavy-handed post-investment involvement
  • Known for: Strong regulatory knowledge and regional expansion playbooks
Investment Thesis

Atlantico backs early-stage B2B SaaS and fintech startups in Latin America, focusing on companies that can scale across the region. They position themselves as the bridge between LatAm entrepreneurs and global markets, with particular emphasis on financial services, enterprise software, and marketplace models.

Stage & Sector Focus

Series A to B focused, occasionally Seed. Heavy concentration in B2B SaaS, fintech, and marketplace platforms across Latin America. Portfolio skews toward Brazilian companies but has investments across Mexico, Colombia, and Argentina.

Notable Portfolio
CreditasLoftNuvemshopPierGyra+NeowayConta AzulIntelipost
Key Partners
Pedro Englert
General Partner

Former McKinsey partner turned VC who co-founded Atlantico. Known for his analytical approach and strong network in Brazilian tech. Founders respect his strategic thinking but some find him overly process-oriented.

Bruno Rondani
General Partner

Ex-Goldman Sachs banker with deep financial services expertise. Co-founded Atlantico with focus on fintech investments. Brings strong connections to traditional financial institutions but can be demanding on metrics.

Fabio Golden
Partner

Former entrepreneur who built and sold companies before joining Atlantico. More hands-on with portfolio companies and known for being founder-friendly, though sometimes overly involved in operational decisions.

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