Canary

Founded 2016
Founders Florian Hagenbuch Julio Vasconcellos Marcos de Toledo Leite Mate Pencz Patrick de Picciotto

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 95
Average round size
info
The average size of a deal this fund participated in
$843K
Portfolio companies 83
Rounds per year 19.00
Lead investments 50
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.15
Exits 7
Key employees 6
Stages of investment
Early Stage Venture
Seed

Areas of investment

  • Information Technology
  • Internet
  • Software
  • Financial Services
  • FinTech
Summary

Canary is the famous VC, which was founded in 2016. The main department of described VC is located in the Su00e3o Paulo. The company was established in South America in Brazil.

The standard case for the fund is to invest in rounds with 2-3 partakers. Despite the Canary, startups are often financed by monashees, Y Combinator, Mate Pencz. The meaningful sponsors for the fund in investment in the same round are Valor Capital Group, Global Founders Capital, ONEVC. In the next rounds fund is usually obtained by monashees, Kaszek Ventures, Valor Capital Group.

This Canary works on 27 percentage points less the average amount of lead investments comparing to the other organizations. The important activity for fund was in 2019. The common things for fund are deals in the range of 5 - 10 millions dollars. The fund is constantly included in 13-24 investment rounds annually. Considering the real fund results, this VC is 50 percentage points more often commits exit comparing to other organizations. When the investment is from Canary the average startup value is 100-500 millions dollars.

Among the most popular fund investment industries, there are Information Services, Software. The fund has no exact preference in a number of founders of portfolio startups. When startup sums 4 of the founder, the probability for it to get the investment is little. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Brazil. Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the various public portfolio startups of the fund, we may underline Gupy, Idwall, Hash

The current fund was established by Florian Hagenbuch, Julio Vasconcellos, Marcos de Toledo Leite, Mate Pencz, Patrick de Picciotto. We also calculated 6 valuable employees in our database.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Tuna

Software
$3M26 Aug 2021 Dover, Delaware, United States

marvin.

Financial Services
10 Aug 2021 Sao Paulo, São Paulo, Brazil

Lastlink

Internet
$1M01 Jul 2021 Minas Gerais, Acre, Brazil

Yummy Inc.

Consumer
Food Delivery
Internet
Logistics
$4M16 Jun 2021 Caracas, Capital District, Venezuela

Cyber Security
Information Technology
Security
Software
12 Mar 2021 São Paulo, São Paulo, Brazil

Cloud Humans

Cloud Management
Human Resources
Web Apps
$1M10 Mar 2021 São Paulo, São Paulo, Brazil

Flourish Savings

Financial Services
FinTech
Personal Finance
$1M05 Mar 2021 Berkeley, California, United States

Oya.Care

Health Care
03 Sep 2020 São Paulo, São Paulo, Brazil

Financial Services
$1M01 Sep 2020 Buenaventura, Valle del Cauca, Colombia
News
Tuna raises $3M to address complexity of e-commerce payments in Latin America

– Tuna, a Latin American payments company, raised $3m in seed funding.
– The round was led by Canary and Atlantico.
– The company is on a mission to “fine tune” the payments space in Latin America.
– It boasts a customer list that includes the large Brazilian fashion chain Riachuelo.

Brazil’s idwall raises $38M for identity validation platform

– idwall, a Brazilian regtech, raised $38m in Series C funding.
– The round was led by Endurance and joined by GGV Capital, monashees, Canary, Qualcomm Ventures LLC, ONEVC, Peninsula and Norte.
– The company has grown 1,458% between 2017 and 2020, with average growth of 144% per year.
– Its clients include 10 unicorns, two out of the three biggest banks in Brazil and companies such as iFood, Claro, Cielo, Loggi, Ebanx, QuintoAndar and OLX, among others.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Canary?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: