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

Igah Ventures is a Brazilian venture capital firm that has become the venture capital nucleus of Patria Investments, one of Latin America's largest alternative investment platforms. Born from the union of two successful investment platforms, it backs technology driven companies that aim to make the Brazilian economy more efficient. For founders exploring Igah Ventures funding, here is its thesis, its Patria chapter, its portfolio and how to approach the team.

Thesis

Igah Ventures was born from the union of e.bricks ventures and Joa Investimentos, combining two teams with complementary experience in Brazilian technology investing. Its thesis is to back bold entrepreneurs who use technology to increase efficiency in large Brazilian markets, with capital and hands on guidance across business development, technology, networking, mergers and acquisitions, senior team building and fundraising. Patria has described the focus as seed and Series A and B investments.

Sectors and stages

Igah Ventures invests at seed, Series A and Series B stage in technology driven companies, with a strong presence in financial services, information technology, fintech, e-commerce, healthtech and enterprise software. Its geography is centred on Brazil, with activity also reaching the United States and Uruguay.

Fund size and cheque size

At the time of Patria's acquisition, Igah Ventures had three funds raised from local and international investors, with $320 million in total assets under management and about $140 million in fee earning assets under management, and was preparing to launch its fourth fund. A single published cheque range for the current fund is not publicly disclosed on the sources read for this profile, so founders should treat cheque size as not publicly disclosed. The $320 million figure is a 2022 point in time total, not a current fund size.

Notable portfolio

Igah Ventures' portfolio named in the Patria announcement includes e-commerce company Infracommerce, online accounting platform Contabilizei, identity company Unico, investment platform Avenue and health platform Conexa Saúde. Testimonials on the firm's site, now presented under Patria High Growth, also highlight primary care company dr.consulta, pet company Petlove and customer platform CRM Bonus, with founders praising team building help, strategic analysis and introductions. Later deal data also includes digital assets platform Liqi.

Partners and team

Igah Ventures was created in 2013 by founding partner Pedro Sirotsky Melzer, and partner Márcio Tabatchnik Trigueiro has spoken publicly about combining Patria's industry, regulatory and functional experience with Igah's experience supporting technology entrepreneurs.

Programs, credits and perks

Igah Ventures does not run a published accelerator or a public startup credits programme. Its support is hands on and team led: help with business development, technology decisions, networking, mergers and acquisitions, senior hiring and follow on fundraising, plus access to Patria's wider network since the acquisition.

How to apply for funding from Igah Ventures

Igah Ventures does not publish a verified open application portal, so founders should approach the firm only through its official site at igahventures.com, now presented as Patria High Growth, and its published contact route there. Frame the pitch around efficiency in a large Brazilian market, with evidence of traction and a clear account of the team you still need to build.