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ThornTree Capital Partners

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Investments

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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.

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Total investments 9
Average round size
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The average size of a deal this fund participated in
$108M
Portfolio companies 4
Rounds per year 1.29
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.56
Key employees Soon
Stages of investment
Private Equity

Areas of investment

  • SaaS
  • Food and Beverage
  • Food Delivery
  • Restaurants
  • Organic Food

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Alice

Employee Benefits
Financial Services
FinTech
Health Care
Health Insurance
Medical
$127M21 Dec 2021 São Paulo, São Paulo, Brazil

Alice

Employee Benefits
Financial Services
FinTech
Health Care
Health Insurance
Medical
$33M11 Feb 2021 São Paulo, São Paulo, Brazil

Liv Up

Food and Beverage
Food Delivery
Organic Food
Restaurants
$22M08 Oct 2019 São Paulo, São Paulo, Brazil
News
Latin America E-Commerce Leader, Nuvemshop Raises $500 Million from Insight Partners and Tiger Global Management

– Nuvemshop, Latin America’s leading e-commerce platform, today announced that it has raised a $500m Series E round of funding.
– The round was co-led by Insight Partners and Tiger Global Management, with significant participation from Alkeon and Owl Rock.
– Other investors that joined the round included Sunley House Capital and VMG Partners, as well as existing investors Accel, Kaszek, Kevin Efrusy, Qualcomm Ventures LLC, and ThornTree Capital.
– This new round of financing values the company at $3.1b and brings Nuvemshop’s total funding in the last 10 months to more than $620m.

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Total investments 9
Average round size 108M
Rounds per year 1.29
Peak activity year 2021
Lead investments 1
Follow on index 0.56
Group Appearance index 1.00

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Alice

Employee Benefits
Financial Services
FinTech
Health Care
Health Insurance
Medical
$127M21 Dec 2021 São Paulo, São Paulo, Brazil

Alice

Employee Benefits
Financial Services
FinTech
Health Care
Health Insurance
Medical
$33M11 Feb 2021 São Paulo, São Paulo, Brazil

Liv Up

Food and Beverage
Food Delivery
Organic Food
Restaurants
$22M08 Oct 2019 São Paulo, São Paulo, Brazil
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