Investor Profile: Atlantico — Thesis, Cheque Size & How to Apply

Atlantico is a São Paulo-based early-stage venture capital fund backing bold founders across Latin America. Founded in 2019, the firm describes itself as built by founders and operators who have founded and scaled some of the biggest companies in the region, and it partners with pre-scale companies that show early signs of product-market fit.

Thesis: founders first, pre-scale bets

Atlantico's thesis is deliberately founder-centric. Rather than spraying capital across a sector map, it backs teams it believes can define a better future for Latin America and beyond, stepping in before scale when conviction and hands-on help matter most. The firm's own site stresses battle scars over theory: its people have lived the hiring, distribution and fundraising problems its portfolio companies face every day.

Sectors, stages and fund size

Atlantico invests at the early stage, principally seed and Series A, in technology companies across Latin America, with Brazil as its home market. The firm's total fund size is not publicly disclosed on its official site, so founders should not assume a headline fund number — what is public is its deal activity, not its assets under management.

Notable portfolio companies

Two recent deals illustrate the bar. Decade, the Brazilian AI-native wealth advisory company founded by the former chief technology officer of Nubank, landed an $85 million seed round in August 2026 — reported by Crunchbase as the largest seed deal ever raised by a Latin American startup — with Atlantico among its backers alongside Benchmark and Greenoaks. Chilean conversational-commerce startup Vambe raised a $14 million Series A, led by Monashees with Atlantico participating.

Partners and operators behind the fund

The firm is led by partner Julio Vasconcellos, former chief executive and founder of Peixe Urbano, which was sold to Baidu, Facebook's first hire in Latin America, an entrepreneur-in-residence at Benchmark and a founding partner of Canary and Graph Ventures. Partner Ana Martins joined at the very beginning after investment banking at BTG Pactual and investing roles at Pear VC and Invus Opportunities. Its venture partners include Hugo Barra, formerly of Google and Facebook; Mate Pencz, chief executive of Loft; and Gui Telles, who launched Uber in Brazil.

Programmes, support and perks

Atlantico runs no public accelerator programme. Its support model is its bench: platform and business development led by Maria Ernanny, talent support from Anna Sobral, product guidance from Ariana Poursartip, growth expertise from Rafael Dahis, formerly global head of growth at Instagram, and engineering leadership from Rodrigo Schmidt and Marcos Voltolini. No public credits or perks programme is advertised.

How to apply for funding from Atlantico

Atlantico does not publish an open application portal or a public pitch form on its about page. Founders are best placed to approach the firm through its website, atlantico.vc, and through warm introductions from founders and operators in its network — the partner team's own history at Peixe Urbano, Canary, Uber Brazil and Loft means a credible referral from the Latin American ecosystem carries weight. Come with evidence of early product-market fit: that is the explicit threshold on the firm's own site.