Cedro Capital
No summary available yet.
Cedro Capital is the real deal in Brazil's underserved central region, but they're not playing in the big leagues yet. Since 2016, they've invested in 19 IT companies and conducted 5 exits, which shows they know how to spot winners and get out profitably - a rarity in Brazil. Their focus on the Center-West region is smart geographic arbitrage, as the Midwest corresponded to about 10% of the national GDP, but at that time it didn't have even 1% of Brazil's Venture Capital and Private Equity money. The partners have solid traditional finance backgrounds from pension funds and investment banks, not startup experience, which can be both good (disciplined due diligence) and bad (slower to understand tech trends). Their GovTech fund with KPTL is genuinely innovative and growing fast, but their main fund's sweet spot of $1.5M means they're not writing the checks that move the needle for high-growth startups.
- —Best for: Early-stage tech companies in Brazil's central region seeking disciplined investors with real exits
- —Watch out for: Traditional finance mindset may not get cutting-edge tech or Silicon Valley growth expectations
- —Known for: Geographic focus strategy and successful GovTech fund innovation with actual portfolio exits
We are dedicated to supporting companies with innovative products and scalable solutions with investment, financing, strategy, management, and governance. With a prominent position in Venture Capital investments in the Central Brazil region, we offer investors the possibility to obtain relevant returns with investments in high growth technology companies.
Cedro Capital focuses on seed to early-stage investments in information technology, software, and financial services industries, with a geographical focus on Brazil, particularly in Belo Horizonte, Brasília, and Goiânia. FIP Fund, managed by Cedro Capital, aims to invest in companies that bring technological innovation to the ICT, Health, and Agribusiness areas and with annual revenues of up to R$16 million per year.
Before founding Cedro Capital, Bruno worked at FUNCEF (the third largest pension fund in Brazil) where he coordinated the private equity and public equity departments. At BANIF investment bank, he held positions in the M&A and private equity departments. Prior to that, at Embratel (major telecom company) he was a part of the business development team of telecom solutions for corporate clients. He holds a master's degree in business and finance from Coppead/UFRJ with an extension at Thunderbird – The Garvin School of International Management.
Before joining Cedro Capital, Alessandro was the Financial Director of XYZ Live, an entertainment company owned by Grupo ABC (the largest national group of marketing and advertising). Previously, he was the Director of Business Development at Grupo BMG (conglomerate holding company headquartered in Belo Horizonte – MG), responsible for the processes of developing investees, as well as the analysis and operationalization of new investments. Alessandro is an electrical engineer with a degree from UnB (University of Brasilia) and holds MBAs from FGV in Business Strategy, from IBMEC in Service Management and from UnB in IT Management.
Have a specific question about Cedro Capital?
Ask Bernie →