Top 14 Employee Benefits Consulting Investors in Latin America
Top 14 Employee Benefits Consulting Investors in Latin America
The employee benefits consulting industry in Latin America is thriving as companies increasingly recognize the importance of holistic employee well-being. This industry comprises firms that offer solutions ranging from health and wellness programs to financial benefits and personalized consulting services. Emerging startups and established corporations alike are catering to a growing demand for modern workplace benefits, fueled by a competitive job market. Innovations such as digital health platforms and flexible compensation options are steering industry evolution, making it essential for businesses to stay ahead of the curve to attract and retain top talent.
In 2024, several venture capital firms focused on employee benefits consulting emerged from Sao Paulo, Brazil. Most of these investors range from small teams to larger setups, with many founded within the last decade. Their rapid growth is illustrated by the substantial number of investments—averaging around 10 to 23 deals each—pointing to robust activity in this sector. Firms like Canary and Monashees have played pivotal roles, funding innovative solutions that impact employee welfare and company productivity across Latin America.
Top 14 Employee Benefits Consulting 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 provides capital, strategic guidance, and access to a network of co-investors. Bossa Invest is also committed to empowering entrepreneurs through educational resources. Among their notable transactions, they have invested in Human Interest, which raised $40 million in Series C funding to enhance customer experience and grow its team, focusing on providing 401(k) plans for small and medium-sized businesses. Additionally, they participated in funding Bayzat, a Dubai-based HR and insurance startup, which indicates their engagement in the employee benefits consulting space. Other investments include Allya and Humi, which also operate in the HR technology sector, further showcasing Bossa Invest's relevance in this industry.
2. 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. The firm specializes in early-stage investments across Latin America, providing capital, co-founding assistance, and fostering a strong community of entrepreneurs. Notably, Canary has invested in Caju, a benefits management platform, which raised R$13 million in a seed funding round, highlighting their interest in employee benefits. Additionally, they participated in the funding round for Quansa, a startup focused on employee financial health, which raised $3.6 million. These transactions demonstrate Canary's engagement in the employee benefits consulting industry, alongside their broader investment strategy.
3. Kaszek
- Website: kaszek.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2011
- Headcount: 11-50
- Number of deals in 2024: 17
- LinkedIn: kaszek-ventures
Kaszek is a venture capital firm founded in 2011, based in Sao Paulo, Brazil, that focuses on investing in and supporting entrepreneurs across various technology-driven industries in Latin America. The firm emphasizes long-term partnerships and aims to foster a vibrant technology ecosystem in the region. Notably, Kaszek has been involved in significant transactions such as Pipo Saúde, which raised multiple rounds of funding, including a Series A and a recent venture round. Pipo Saúde operates in the healthcare sector, which is closely related to employee benefits consulting, as it provides services that can enhance employee wellness and benefits packages. Additionally, Kaszek's investment in Comp and GOintegro | Edenred further demonstrates its engagement in sectors that can influence employee benefits and workplace solutions.
4. 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 specializes in providing resources and support for startups in the technology sector, offering consulting services, educational materials, and investment management to help entrepreneurs navigate the challenges of building and scaling their businesses. In 2021, Norte Ventures participated in a funding round for Quansa, a financial services startup focused on employee financial health, which highlights their engagement in the employee benefits consulting space. Additionally, they have made several investments in various startups, including Flash, Zazos, and Comp, demonstrating their active role in fostering innovation within the Brazilian market.
5. Monashees
- Website: monashees.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2005
- Headcount: 11-50
- Number of deals in 2024: 18
- LinkedIn: monashees-capital
Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. Among their notable transactions, Monashees has invested in Flash Benefícios, a Brazilian HR benefits company that raised over $100 million in a Series C funding round. This investment highlights their engagement in the employee benefits consulting sector. Additionally, they have supported Pipo Saúde, a healthcare services provider, which further emphasizes their involvement in the broader employee benefits landscape. Monashees' portfolio reflects a commitment to scaling innovative solutions in the employee benefits and healthcare sectors, making them a relevant player in this space.
6. 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, particularly in the healthcare sector, which is closely related to employee benefits consulting. For instance, they participated in funding rounds for Pipo Saúde, a Brazilian healthcare services provider, raising significant amounts in both seed and Series A rounds. This involvement highlights their interest in companies that could enhance employee benefits through health services. Additionally, Onevc has invested in other startups like Caju and Tako, which may also have implications for employee benefits, although specific details on their focus are less clear. Overall, Onevc's investment strategy and portfolio suggest a potential alignment with the employee benefits consulting industry.
7. 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 tackle significant regional challenges and support scalable technology businesses. Notably, they participated in a funding round for Quansa, a financial services startup that focuses on employee financial health, raising $3.6 million to expand its operations in Chile and Brazil. This involvement highlights their interest in the employee benefits consulting space. Additionally, they have invested in various other startups, including Ontop and Truora, which, while not directly related to employee benefits, showcase their active engagement in the startup ecosystem.
8. 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 is particularly notable for its investment in Angle Health, which raised $58 million in Series A funding in January 2023. Angle Health operates as a health insurance and benefits provider for startups and technology companies, making it a relevant player in the employee benefits consulting industry. This investment highlights Mindset Ventures' commitment to supporting companies that enhance employee benefits and healthcare solutions. Other transactions include investments in companies like Rain and Neo.Tax, which, while not directly related to employee benefits consulting, indicate the firm's broader focus on innovative technology solutions.
9. Atlantico
- Website: atlantico.vc
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2019
- Headcount: 1-10
- Number of deals in 2024: 4
- LinkedIn: atlanticopartners
Atlantico is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm focuses on early-stage companies in Latin America, providing both funding and strategic support to innovative founders. Atlantico aims to help these companies navigate growth challenges, particularly those that show early signs of product-market fit. Notably, Atlantico has participated in several significant transactions, including a $19.5 million Series A investment in Pipo Saúde, a health tech company that enhances employee health benefits. They also invested in 180° Insurance, a startup that offers digital insurance solutions, which is relevant to employee benefits consulting. Their recent investments in companies like Onze and Worky further demonstrate their commitment to supporting businesses that can impact employee welfare and benefits.
10. LASP Capital
- Website: laspcapital.com
- Type: Corporate
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2020
- Headcount: 1-10
- Number of deals in 2024: 3
- LinkedIn: lasp-capital-llc
LASP Capital is an investment management firm based in Sao Paulo, Brazil, founded in 2020. The firm specializes in global growth investing in publicly-traded equities and early-stage investments, focusing on high-quality growth companies to generate substantial returns for its clients. Their investment strategy emphasizes a long-term horizon and a unique approach to managing risks associated with market volatility. Notably, LASP Capital has been involved in significant transactions within the employee benefits consulting context, including a $25 million investment in Caju Benefícios, a company that enhances employee benefits through technology. They also participated in a seed round for Comp, which is likely related to employee compensation and benefits. These investments highlight LASP Capital's commitment to the employee benefits sector, alongside their broader investment management activities.
11. Dasa
- Website: dasa.com.br
- Type: Corporate
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 1927
- Headcount: 10001+
- LinkedIn: dasa
Dasa is a leading healthcare provider based in Sao Paulo, Brazil, founded in 1927. With a workforce of over 10,000 employees, Dasa offers a wide range of services including medical diagnostics, vaccination, and hospital care. They cater to both individual patients and businesses, providing integrated health solutions aimed at enhancing patient outcomes and managing employee health effectively. In recent years, Dasa has made significant acquisitions to strengthen its position in the healthcare market, including the acquisition of GEM Assistência Médica for US$150 million in July 2021, which specializes in oncology services, and GESTO in January 2021. These transactions reflect Dasa's commitment to expanding its healthcare services, which are crucial for employee benefits consulting.
12. Dgf
- Website: dgf.com.br
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2001
- Headcount: 11-50
- Number of deals in 2024: 3
- LinkedIn: dgf-investimentos
DGF is a venture capital firm based in Sao Paulo, Brazil, founded in 2001. The firm specializes in investing in high-growth technology companies, providing not only capital but also strategic support and networking opportunities to help these companies accelerate their growth. Notable transactions include investments in Solides Tecnologia, which raised significant funding in both 2019 and 2024, indicating a sustained interest in the employee management technology space. Additionally, DGF backed SafeSpace, a digital platform aimed at creating safer and more inclusive workplaces, which aligns closely with employee benefits consulting objectives. Their investment in GESTO, which was acquired by DASA, also highlights their engagement in sectors that can impact employee benefits and workplace dynamics.
13. Confrapar
- Website: confrapar.com.br
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2009
- Headcount: 11-50
- Number of deals in 2024: 1
- LinkedIn: confrapar
Confrapar is an investment management firm based in Sao Paulo, Brazil, specializing in growth capital for technology-driven companies in Latin America. Founded in 2009, the firm has built a diverse portfolio of over 30 companies, focusing on maximizing investor value through sustainable practices. Confrapar serves institutional investors and family offices, providing strategic investment opportunities in emerging markets. Notably, Confrapar has participated in funding rounds for companies like SalaryFits, which raised $5 million in December 2019, and JobConvo, which received seed funding in August 2013. These investments highlight Confrapar's engagement in the employee benefits consulting sector, as both companies are involved in enhancing employee compensation and HR solutions.
14. Volpe Capital
- Website: volpecapital.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2020
- Headcount: 1-10
- Number of deals in 2024: 3
- LinkedIn: volpe-capital
Volpe Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm specializes in investing in tech and tech-enabled high growth opportunities in Latin America, partnering with entrepreneurs to provide capital and strategic support. Volpe Capital aims to foster innovation in the region's emerging markets. Notably, they have been involved in significant transactions such as Caju, which raised $8.7 million in Series A funding, and Welbe Care, a Mexican B2B healthcare platform that raised $7 million in Series A funding in 2024 and $5 million in a seed round in 2022. The investment in Welbe Care is particularly relevant as it highlights their engagement in the healthcare sector, which is closely related to employee benefits consulting.
Employee Benefits Consulting Insights: Key Investors in Latin America
| Investor | Headquarter | Size | Founded | Deals 2024 |
|---|---|---|---|---|
| bossa invest | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2011 | 56 |
| Canary | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2017 | 23 |
| Kaszek | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2011 | 17 |
| Norte Ventures | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2020 | 11 |
| Monashees | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2005 | 18 |
| Onevc | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2017 | 9 |
| Magma Partners | Providencia, Santiago, Chile | 11-50 | 2014 | 6 |
| Mindset Ventures | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2016 | 7 |
| Atlantico | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2019 | 4 |
| LASP Capital | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2020 | 3 |
| Dasa | Sao Paulo, Sao Paulo, Brazil | 10001+ | 1927 | 0 |
| Dgf | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2001 | 3 |
| Confrapar | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2009 | 1 |
| Volpe Capital | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2020 | 3 |
Want to find more investors focusing on the employee benefits consulting industry?
If you want to find more investors that are active in the employee benefits consultingindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.With Inven, you'll also get to know:
- Deal History: Number of deals and their sizes.
- Portfolio: Companies they've invested in.
- Contact data: Key dealmakers, including their emails and phonenumbers.
- ...and much more!
.jpg)
Trusted by 700+ companies
