NXTP Ventures

We are incredibly excited to announce the final close of NXTP Fund III – a $98m vehicle to continue to partner with the best early-stage B2B entrepreneurs in LatAm. The successful raise is a testament to our firm commitment to the entrepreneurs in the region and the incredible opportunity we see to build large tech-enabled companies and transform the way business is done in the region. We are very grateful to all the entrepreneurs in our portfolio for giving us the opportunity to work with you and for the unwavering support of our LPs, many of whom have been investing with us for over a decade. Thank you for your trust! Read more about our Fund III on TechCrunch: https://lnkd.in/e642Fb5v

Our portfolio company, Teachy, just announced the closing of their $7m Series A led by Goodwater and Reach Capital. Huge congratulations to the entire team at Teachy, especially Pedro Siciliano and Fábio Baldissera, two incredibly talented and passionate entrepreneurs, for this milestone. Over the past 12 months, Teachy has signed up close to 1m teachers from around the globe. The company's AI-powered workspace transforms how educators organize and perform their out-of-classroom work, providing huge time savings, efficiency, and inspiration to become better teachers. At NXTP Ventures, we are delighted to continue supporting Pedro and Fabio on their mission to transform teachers' work and improve students' educational experiences worldwide. We could not think of a better team to make this vision a reality.

Huge congratulations to Caetano Lacerda, Raphael Dyxklay, and the entire team at Barte for closing their Series A. Driven by impeccable execution, strategy, and an obsession for solving their customers' problems, the company has grown a staggering 70x since we co-led the seed round in March 2023. Helping companies manage their cash flow by streamlining payments, credit, and visibility is a value proposition that resonates with a vast swath of mid-to-large-sized companies in Brazil. The opportunity is enormous, and Barte is exceptionally well-positioned to capitalize on it. Let's go!

We are thrilled to announce our recent investment in Vixtra, the leading importer finance platform in Brazil led by the extraordinary founding team of Leonardo Baltieri, Guilherme Rosenthal, and Caio Gelfi. With remarkable growth of over 8x in the past year, Vixtra has solidified its position as the go-to solution in a $240 billion importer market in Brazil. At the heart of Vixtra's offerings lies its innovative financing product, which allows importers to use the merchandise they are importing as collateral. This unique service fills a crucial gap in the market, giving importers a new source of financing previously unavailable in the market. Today, Vixtra stands out as the sole provider of such financing in Brazil leveraging the team's deep logistics and finance expertise. Beyond its financing solution, Vixtra offers a comprehensive suite of adjacent importer services including FX, international payments, hedging, and route visibility and workflow-related tools. These offerings not only streamline importers' financial and commercial operations but also provide invaluable visibility into their business operations. We are incredibly excited to be part of Vixtra's journey and look forward to supporting their continued growth and success in helping importers thrive in Brazil and beyond. #Vixtra #TradeFinance #Investment #Brazil #VC #Finance https://lnkd.in/dRniGYSe

The most successful companies in our portfolio have a lot in common. Most of the traits are obvious ones like a stellar team, a large and growing market, and a great product. But there is a more nuanced characteristic that does not get enough attention and that we spend a lot of time talking to our founders about: customer centricity. Read NXTP partner Alexander Busse's post on how to become a more customer centric organization. 👇🏼