Software para fundos de venture capital em Brazil
Uma plataforma para fluxo de deals de alto volume, scoring de fundadores, memos de IC, monitoramento de portfólio e reporting a LPs, com preço em BRL.
A Reuben AI é usada por times de venture capital em múltiplas jurisdições. Esta página resume como a plataforma se encaixa no contexto regulatório e estrutural em que times de venture capital em Brazil normalmente operam.
A venture manager runs a high-volume top of funnel against a small number of cheques, then supports those positions through many rounds of dilution. The operating problem is keeping deal flow, ownership and investor reporting consistent while the portfolio compounds in complexity.
Contexto regulatório em Brazil
O regulador principal de serviços financeiros é CVM (Comissão de Valores Mobiliários), com veículos de fundo que também envolvem Anbima (Associação Brasileira das Entidades dos Mercados Financeiro e de Capitais).
Brazilian private capital typically uses Fundos de Investimento em Participações (FIP) governed by CVM Resolução 175, with monthly CDA portfolio reporting, Anbima best-practice compliance, and PLD/FT programme oversight.
Estruturas de fundo que costumamos ver
- Fundo de Investimento em Participações (FIP) under CVM Resolução 175
- Fundo de Investimento Multimercado (FIM)
- Administrator and Gestor registered with the CVM
A Reuben AI é agnóstica à estrutura. Armazena dados de investimento, LP e portfólio em um modelo compartilhado que se mapeia de forma limpa para cada um dos wrappers de veículo acima. Não é uma ferramenta de aconselhamento jurídico, fiscal ou regulatório. Decisões de constituição e estrutura de fundo devem ser tomadas com aconselhamento local qualificado.
Profundidade de mercado para Brazil
Brazil is a priority market for VC and PE. Reuben AI is used by gestoras across São Paulo and Rio, with workflows aligned to CVM Resolução 175 and Anbima best practices for FIPs.
Profundidade regulatória
- CVM Resolução 175: the consolidated regulatory framework for investment funds, including the FIP (Fundo de Investimento em Participações) annex on structured funds.
- CVM Resolução 21: registration and conduct requirements for administradores and gestores de recursos.
- Anbima: Código de Regulação e Melhores Práticas para Administração de Recursos de Terceiros.
- Resolução CMN 4.373: investor-side rules for non-resident capital entering Brazilian markets.
Veículos que times institucionais usam aqui
Brazilian VC and PE teams typically operate through FIP Multiestratégia, FIP Capital Semente or FIP Empresas Emergentes vehicles, with a separate administrador fiduciário and gestor de recursos. Reuben AI stores the administrador and gestor split natively, along with the FIP cota-holder register and CDA portfolio composition.
Normas de reporting e moeda
Base currency is BRL, with USD overlays for LPs raised via Resolução CMN 4.373 channels. Monthly CDA composition reporting and quarterly LP reporting to Anbima templates are the norm.
Contexto operacional
Support and product hours cover BRT. LP-pack exports can be prepared in PT-BR. Data isolation is per-workspace with regional cloud residency available on request.
Veja a Reuben AI no seu workflow em Brazil
How venture capital teams in Brazil actually operate
Venture teams see far more opportunities than they can act on, and most of the value of a pipeline is in the record of what was passed on and why. Firms that cannot recall their own history end up re-diligencing companies they already know, and end up unable to explain a decision to their investment committee months later.
On the portfolio side, ownership is the number that matters and the number most often wrong. Each priced round, safe conversion, option pool refresh and secondary sale changes it. When the cap table lives in a spreadsheet, fund-level ownership becomes an estimate. Reuben AI recomputes ownership from the round events themselves, so the position and the report agree.
The recurring work Reuben AI carries
Pipeline with memory
Every company seen, the decision taken and the reasoning retained, so a returning founder meets a firm that remembers them.
Diligence to memo
Documents, references and analysis assembled into an investment committee memo drawn from the underlying record rather than retyped.
Ownership through dilution
Rounds, conversions, pool refreshes and secondaries applied so that ownership is computed, not maintained.
Investor reporting
Capital account, valuation and portfolio commentary produced from the same record used to manage the fund.
Local structuring, tax and regulatory advice remains with the fund's counsel and administrator. Reuben AI is software and is not registered with CVM (Comissão de Valores Mobiliários).
Common questions
Does Reuben AI replace the venture CRM?
Yes for most teams. Pipeline, diligence, portfolio and investor reporting sit on one record, which is what removes the reconciliation work between a CRM and the fund's actual books.
How is ownership kept accurate over many rounds?
By storing the round events and recomputing ownership from them, rather than storing a percentage that has to be manually updated every time the cap table moves.
Can the fund report to investors without an administrator?
Reporting is generated from the fund record. Whether an administrator signs off on those figures remains the manager's choice and their audit arrangement.
Também disponível para Brazil
Fundos PE · Fundos de private credit · Fundos de real estate · Family offices
Fontes
Cada regulador, framework e fato jurisdicional nesta página vem das fontes primárias abaixo. Esta página é informativa e não constitui aconselhamento jurídico, fiscal ou regulatório.