DGF

DGF Investimentos is a venture capital firm based in São Paulo, Brazil. Founded in 2001, it invests primarily at Seed and Series A in B2B software companies, with a focus on SaaS platforms and AI-enabled workflows. The firm has raised eight funds and holds a portfolio comprising both active companies and realized investments.

Investment criteria centre on recurring revenue, strong unit economics, high gross margins and technically capable teams. DGF targets capital-efficient businesses with the potential to scale beyond their home markets; its stated portfolio pattern spans industrial technology, HR software, digital health, fintech and business software. Portfolio companies scaling internationally form part of the firm's geographic footprint alongside its São Paulo base.

Support extends beyond capital to board participation, strategic guidance and access to a network of investors, family offices and technology founders. The firm describes its approach as one of long-term alignment with founders, including through changing economic cycles.