The physical security industry in Latin America focuses on protecting assets, infrastructure, and individuals through various technologies and services. Companies in this sector range from tech startups developing advanced surveillance systems to established firms specializing in access control and identity verification solutions. Growth within the industry has been catalyzed by increasing crime rates and a growing awareness of safety concerns, pushing businesses to invest in more sophisticated security measures. As innovations like AI and IoT are integrated, the sector is poised for a significant transformation, enhancing operational effectiveness and responsiveness across numerous environments, from urban centers to corporate facilities.


This list showcases a collection of prominent investors in Latin America's physical security landscape, spanning venture capital firms and private equity players. Mostly headquartered in Sao Paulo and Buenos Aires, these firms vary in size, typically housing between 1 and 1000 employees. Founded in recent years, many of these investors have made significant contributions to the market, closing numerous deals in 2024 alone. From established players like NXTP Ventures to newer entrants such as Vertical Partners, their collective engagement highlights a burgeoning interest in security technologies across the region.


Top 13 Physical Security Investors in Latin America


1. bossa invest

  • Website: bossainvest.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 56
  • LinkedIn: bossainvest

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in the technology sector, and has been active in supporting entrepreneurs through capital, strategic guidance, and access to a network of co-investors. Notably, Bossa Invest has participated in funding rounds for companies like Deep Sentinel, which raised $16 million in Series A funding and focuses on AI-driven security solutions, and Alcatraz AI, which raised $25 million in Series A funding for its advanced access control technologies. These transactions highlight Bossa Invest's commitment to fostering growth in the physical security domain, alongside its broader technology investment strategy.


2. Mindset Ventures

  • Website: mindset.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: mindset-ventures

Mindset Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in early-stage technology investments and provides capital and strategic support to startups across various sectors, including financial services and healthcare. Mindset Ventures has been actively involved in the physical security context through its investments in companies like Base Operations, which raised $9.1 million in a Series A funding round to enhance its global threat intelligence capabilities. Additionally, they invested in Sepio, which raised $6.5 million in Series A funding, focusing on hardware security solutions. These transactions highlight Mindset Ventures' commitment to supporting innovative technologies that contribute to physical security.


3. NXTP Ventures

  • Website: nxtp.vc
  • Type: Venture Capital
  • Headquarters: Buenos Aires, Buenos Aires, Argentina
  • Founded year: 2011
  • Headcount: 11-50
  • Number of deals in 2024: 4
  • LinkedIn: nxtp-ventures

NXTP Ventures is a venture capital firm based in Buenos Aires, Argentina, founded in 2011. The firm specializes in investing in early-stage B2B startups across Latin America, focusing on sectors such as Cloud & SaaS, E-commerce, Fintech, and AI. NXTP provides capital and strategic support to help these businesses grow and succeed. Among their notable transactions, NXTP participated in the seed funding of Strike Security, which raised $5.4 million to enhance penetration testing through a combination of automation and ethical hacking. This investment highlights NXTP's engagement in the security domain, complementing their broader investment strategy.


4. unico IDtech

  • Website: unico.io
  • Type: Corporate
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2007
  • Headcount: 501-1000
  • Number of deals in 2024: 2
  • LinkedIn: unicoidtech

Unico IDtech is a technology company based in Sao Paulo, Brazil, specializing in identity verification and HR solutions. Founded in 2007, the company operates a SaaS model, providing services such as digital identity verification and fraud prevention to various sectors, including retail and banking. In recent years, Unico has made several strategic acquisitions to bolster its capabilities in the security domain. Notably, they acquired Oz Forensics in September 2024, which likely enhances their offerings in forensic analysis and security. Additionally, their acquisition of Makrosystems in August 2022, which focuses on biometric authentication, further emphasizes their commitment to integrating physical security measures into their technology solutions. These transactions reflect Unico's strategy to expand its global reach and enhance its security capabilities, particularly in biometric and fraud prevention technologies.


5. Canary

  • Website: canary.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2017
  • Headcount: 11-50
  • Number of deals in 2024: 23
  • LinkedIn: canary-venture-capital

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. They specialize in early-stage investments across Latin America, focusing on supporting entrepreneurs with capital, co-founding assistance, and fostering a strong community of builders. In 2024, they have made 23 investments, showcasing their active role in the startup ecosystem. Notably, Canary has invested in Gabriel, a security-focused AI startup that raised $12 million in Series A funding to develop a safety surveillance camera network, and in Strike, which secured funding to improve penetration testing services. These transactions highlight Canary's involvement in the physical security industry, making them a relevant investor in this space.


6. Norte Ventures

  • Website: norte.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 11
  • LinkedIn: norteventures

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on providing resources and support for startups in the technology sector, including consulting services and investment management. Norte Ventures aims to empower entrepreneurs and foster innovation within the Brazilian market. Notably, they participated in the Series A funding round for Gabriel, a security-focused AI startup that raised $12 million to build a safety surveillance camera network. This involvement highlights their engagement in the physical security industry. Additionally, they have been active in various other sectors, but their investment in Gabriel specifically aligns with the physical security context, showcasing their potential relevance in this area.


7. Latitud

  • Website: latitud.com
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 11-50
  • Number of deals in 2024: 24
  • LinkedIn: latitude4

Latitud is a venture capital firm and startup accelerator based in Sao Paulo, Brazil, founded in 2020. It supports tech founders in Latin America by providing funding, mentorship, and community resources to help startups scale and succeed. Latitud has been active in various sectors, including technology and security. Notably, it participated in the seed investment round for Strike Security, which raised $5.4 million to enhance penetration testing through automation and ethical hacking. This involvement highlights Latitud's engagement in the security domain, alongside other investments in diverse tech startups, such as insurtech and other emerging technologies.


8. Magma Partners

  • Website: magmapartners.com
  • Type: Venture Capital
  • Headquarters: Providencia, Santiago, Chile
  • Founded year: 2014
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn: magma-partners

Magma Partners is a venture capital firm based in Providencia, Santiago, Chile, founded in 2014. The firm specializes in investing in early-stage startups across Latin America, providing both funding and advisory services to entrepreneurs. With a portfolio of over 125 companies, Magma Partners aims to address significant regional challenges and support scalable technology businesses. Among their notable transactions, they have invested in Base Operations, which raised $2.2 million to develop a street-level threat mapping platform for enterprise security, and Strike Security, which secured $5.4 million to make penetration testing more accessible. These investments highlight their engagement in the physical security sector, alongside their broader focus on fintech and insurtech.


9. Nexxus Capital


Nexxus Capital is a private equity investment firm based in Mexico City, Mexico, founded in 1995. The firm specializes in providing private equity and mezzanine debt to mid-sized companies in Mexico and Spain, managing multiple funds aimed at helping businesses grow and expand. Among their notable transactions, Nexxus Capital invested in STM Seguridad, a company focused on physical security solutions, in a private equity round in January 2020. This investment highlights their engagement in the physical security sector, showcasing their capability to support companies that enhance security operations and market presence.


10. Kinea Investimentos

  • Website: kinea.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2007
  • Headcount: 51-200
  • Number of deals in 2024: 2
  • LinkedIn: kinea-investimentos

Kinea Investimentos is an investment management firm based in Sao Paulo, Brazil, founded in 2007. It operates under the Itaú group and offers a diverse range of investment funds, including private equity, venture capital, and real estate. Kinea caters to both individual and institutional investors, providing tailored investment solutions to help clients achieve their financial goals. Notably, Kinea has participated in significant transactions in the security sector, including a seed investment in Tenchi Security, a Brazilian startup focused on cloud environment security, which raised US$3.3 million in 2021. Additionally, Kinea was involved in a Series A funding round for Tenchi Security, which was later acquired by Accenture in 2024. These transactions highlight Kinea's engagement in the security technology space, making them a relevant player in the broader security industry.


11. Simma Capital

  • Website: simmacapital.com
  • Type: Venture Capital
  • Headquarters: Bogota, Bogota, Colombia
  • Founded year: 2019
  • Headcount: 1-10
  • Number of deals in 2024: 4
  • LinkedIn: simma-capital

SIMMA Capital is a venture capital firm based in Bogota, Colombia, founded in 2019. The firm focuses on empowering early-stage startups in Latin America by providing capital, business connections, and knowledge support. Their investment strategy spans various sectors, including technology and sustainability, aiming to reshape the future of businesses in the region. Notably, Simma Capital participated in a significant transaction involving Gabriel, a technology and security-focused AI startup based in Sao Paulo, Brazil. Gabriel raised US$12 million in Series A funding to develop a safety surveillance camera network, indicating Simma Capital's engagement in the physical security domain. This transaction highlights their interest in supporting innovative solutions that enhance safety and security, aligning with their broader investment goals.


12. Onevc

  • Website: onevc.vc
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2017
  • Headcount: 1-10
  • Number of deals in 2024: 9
  • LinkedIn: onevc

ONEVC is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in seed-stage investments across Latin America, providing financial backing and operational assistance to startup founders. Onevc has been involved in several notable transactions, including investments in Tenchi Security, a Brazilian startup focused on cloud environment security, where they participated in a seed round of $3.3 million in 2021. This investment highlights their engagement in the cybersecurity space, which is closely related to physical security. Additionally, Onevc participated in the funding round for Latú Seguros, an insurtech company, showcasing their diverse investment strategy while still maintaining a foothold in sectors that intersect with security.


13. Vertical Partners


Vertical Partners is a venture capital firm founded in 2020, based in Medellin, Antioquia, Colombia. The firm accelerates the growth of tech-based startups by providing investment, strategic support, and access to a collaborative ecosystem. They focus on empowering entrepreneurs across various sectors, including logistics, Fintech, and deeptech, to drive innovation and achieve sustainable success. Notably, Vertical Partners participated in the seed funding round for Ghost Robotics, which raised $450,000 on August 25, 2021. Ghost Robotics specializes in robotic systems that are applicable in physical security contexts, showcasing Vertical Partners' engagement in the physical security industry. Additionally, they invested in Auco.ai, although this company does not have a clear connection to physical security, it reflects their broader investment strategy in tech startups.



Physical Security Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
bossa investSao Paulo, Sao Paulo, Brazil11-50201156
Mindset VenturesSao Paulo, Sao Paulo, Brazil1-1020167
NXTP VenturesBuenos Aires, Buenos Aires, Argentina11-5020114
unico IDtechSao Paulo, Sao Paulo, Brazil501-100020072
CanarySao Paulo, Sao Paulo, Brazil11-50201723
Norte VenturesSao Paulo, Sao Paulo, Brazil1-10202011
LatitudSao Paulo, Sao Paulo, Brazil11-50202024
Magma PartnersProvidencia, Santiago, Chile11-5020146
Nexxus CapitalMexico City, Mexico City, Mexico11-5019950
Kinea InvestimentosSao Paulo, Sao Paulo, Brazil51-20020072
Simma CapitalBogota, Bogota, Colombia1-1020194
OnevcSao Paulo, Sao Paulo, Brazil1-1020179
Vertical PartnersMedellin, Antioquia, Colombia1-1020204


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