About Us

Thesis Driven.
Value Investors.

With a wealth of more than 13 years' experience and backing over 50 enterprises, we recognize that to truly be valuable partners to our founders, it's essential for us to thoroughly comprehend the core of their business.

Our Thesis

We specialize in early-stage investments, leading Pre-Seed, Seed, and Series A funding rounds. Our primary focus lies within the SaaS sector, but we also actively invest in E-commerce, Marketplaces, and businesses driven by AI and data analytics.

Astella's Timeline

Our Story

Ecosystem Builder: Astella’s journey is intrinsically connected with the development of the Brazilian VC ecosystem.

Astella's Timeline

2010

_{Journey I Fund,}_{Astella's first vehicle.
Active participation in building the tech entrepreneurship ecosystem in Brazil.
Main investments: Portal Educação, Ciatech, Navegg, Dualtec.}

Astella's Timeline

2014

_{Journey II Fund}_{First institutional investor: Spectra Investimentos.
Main investments: Omie (seed) and Digital Results (Series A).}

Astella's Timeline

2017

_{Journey III Fund}_{New institutional investors and family offices as LPs.
Entry of Marcelo Sato as a partner.
Astella Playbook podcast launch.}

Astella's Timeline

2018

‍

_{Daniel Chalfon joins as partner.
Main investments: Sallve, Omie (Series A), Livance.
Special Purpose Vehicles: Omie, RD Station.}

Astella's Timeline

2019

_{Astella becomes pro bono manager of Endeavor Brasil's Scale Up fund.
Beginning structuring the Investment and Platform team.
Special Purpose Vehicle: Kenoby.
Launch of Astella Expert Network.}

Astella's Timeline

2020

_{Journey IV Fund}_{Entry of Banco Itaú as LP.
Launch of Astella Matrix, Astella's knowledge hub.}

Astella's Timeline

2021

_{Sale of RD Station to TOTVS.
Largest SaaS company exit in Latin America.
Special Purpose Vehicle: Bornlogic.}

Astella's Timeline

2022

_{Sale of Kenoby to Gupy
Launch of the AstELLAS program, mentorship for women entrepreneurs}

Astella's Timeline

2023

_{BNDES approves investment in the JV fund in first place.
Laura Constantini becomes a Venture Partner at Astella.
Top 3 management firms in Brazil preferred by entrepreneurs, according to a survey by Spectra.}