DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Monashees
Monashees
Institutional venture firmSão Paulomonashees.com.brSEC venture capital fund adviserfundraising evidence
We back passionate founders, supporting ventures that not only innovate but also put people first, making lives better and tackling global challenges.
venture manager, reported GAV $1,565M across 16 vehicles
Importance
41
elevated
Active deployment
68
high
Emerging
0
low
Completeness
75
high
Freshness
100
high
Research priority
22
moderate
Identity and regulatory footprint
- Headquarters
- São Paulo, Braziladviserinfo.sec.gov
- Office address
- RUA SAMUEL MORSE, 74 - CJ 173, São Paulo, 04576-060adviserinfo.sec.gov
- Business phone
- +55 11 5501 2034adviserinfo.sec.gov
- Website
- HTTP://WWW.MONASHEES.COM.BR
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Apr 1, 2024
- Private funds reported
- 15 (15 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $1.6Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business phone
- +55 11 5501 2034adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
2 observed deals
Stated (the firm’s website)
- Sectors
- ai, enterprise software, fintech, healthcare, consumer, marketplaces, hardware, logistics, industrial, b2b
- Stages
- pre seed, seed
- Geography
- global, latam, latin america, silicon valley
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- venture capital
Observed (from deals on record)
Stage at participation
seed 100%
Stage at first entry
seed 100%
Sectors
unknown 100%
lead rate 100%follow-on rate 0%new logos, 12 months 2
Funds and vehicles
16 reported
| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| Monashees Co-Investment Fund, LLC | SPV or co-invest vehicle | 2023 adv first reported | Active deployment | $6.5M Apr 1, 2024 | 3 | unknown | unknown |
| Monashees X, L.P. | Fund | 2022 adv first reported | Active deployment | $342M Apr 1, 2024 | 148 | $0 of $350M | Dec 7, 2021 |
| Monashees Expansion II, L.P. | Fund | 2022 adv first reported | Active deployment | $145M Apr 1, 2024 | 148 | $0 of $350M | Dec 7, 2021 |
| Monashees X F&l, L.P. | Fund | 2021 form d first sale | Mature | $5.0M Apr 1, 2024 | 148 | $3.5M of $5.0M | Dec 22, 2021 |
| Monashees Expansion II F&l, L.P. | Fund | 2021 form d first sale | Mature | $4.6M Apr 1, 2024 | 148 | $3.5M of $5.0M | Dec 22, 2021 |
| Monashees Ix, L.P. | Fund | 2020 adv first reported | Mature | $400M Apr 1, 2024 | 65 | $0 of $280M | Nov 1, 2019 |
| Monashees Expansion, L.P. | Fund | 2020 form d first sale | Mature | $135M Apr 1, 2024 | 100 | $117M of $117M | Feb 19, 2021 |
| Monashees Viii, L.P. | Fund | 2019 adv first reported | Mature | $197M Apr 1, 2024 | 65 | $0 of $150M | Apr 5, 2018 |
| Monashees Capital VII, L.P. | Fund | 2015 adv first reported | Harvest | $191M Apr 1, 2024 | 66 | $0 of $140M | Dec 4, 2014 |
| Monashees Capital VI, L.P. | Fund | 2012 form d first sale | Harvest | $46.5M Apr 1, 2024 | 18 | $84.2M of $110M | Aug 17, 2012 |
| Monashees Capital V, L.P. | Fund | 2011 form d first sale | Harvest | $33.9M Apr 1, 2024 | 2 | $45.0M of $45.0M | Dec 14, 2011 |
| Monashees Capital IV, L.P. | Fund | unknown | Unknown | $35.5M Apr 1, 2024 | 17 | $0 of $32.1M | Aug 15, 2011 |
| Monashees Capital III LLC | Fund | unknown | Unknown | $12.2M Apr 1, 2024 | 2 | unknown | unknown |
| Monashees Capital LLC | Fund | unknown | Unknown | $7.7M Apr 1, 2024 | 6 | unknown | unknown |
| Monashees Capital II LLC | Fund | unknown | Unknown | $2.3M Apr 1, 2024 | 3 | unknown | unknown |
| Monashees XI, L.P. | Fund | unknown | Fundraising | unknown | unknown | $0 of $200M | Jun 23, 2026 |
GAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.
Investment team
14 current, 5 departed
Eric Acher
Managing partnerManaging Partner · since Oct 1, 2005
Aline Wightman Esteves
OtherDiretora · since Dec 1, 2023
Caio Bolognesi
OtherDiretor · since Jan 1, 2017
Caio Bolognesi
OtherDiretor · since Jan 1, 2017
Carlo Dapuzzo
OtherDiretor · since Feb 1, 2011
Carlo Dapuzzo
OtherDiretor · since Feb 1, 2011
Gustavo Silvano
OtherDiretor · since Feb 1, 2024
Marcelo Gobato
OtherDiretor · since Feb 1, 2024
Marcelo Lima
OtherDiretor · since Feb 1, 2010
Marcelo Lima
OtherDiretor · since Feb 1, 2010
Muriel Kaufmann
OtherDiretora · since Feb 1, 2019
Muriel Kaufmann
OtherDiretora · since Feb 1, 2019
William Mimassi Pedroso
OtherDiretor · since May 1, 2021
William Mimassi Pedroso
OtherDiretor · since May 1, 2021
5 departed (kept with end dates)
- Carlos Augusto Mendes de Araujo · General Partner · Jan 1, 2021 to Mar 15, 2023 Inference
- Fabio Igel · Managing Partner · Oct 1, 2005 to Mar 31, 2026 Fact
- Maira Maciel · Diretora · Feb 1, 2019 to Mar 30, 2022 Inference
- Rodrigo Hamburguer Aldrighi · Diretora · Jan 1, 2022 to Mar 31, 2026 Fact
- Sullyen de Almeida · Diretora · Jan 1, 2022 to Mar 31, 2026 Fact
Investments on record
2 edges, 2 companies, 0 partner-attributed
| Company | Round | Role | Partner | Round size | This investor | Date | Source |
|---|---|---|---|---|---|---|---|
| BHub | portfolio listing | unknown | unknown | unknown | unknown | Sep 17, 2026 | Fact Portfolio company websites (about, investors, press pages) |
| Astor | Seed · Seed | lead | unknown | $5.0M | unknown | Apr 23, 2026 | Fact Press release wires (Business Wire, PR Newswire, GlobeNewswire public RSS) |
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
8 relationships from shared deals, counted for the whole firm
Valor Growth Management LLC 1 shared · one timeQED Investors, LLC 1 shared · one timeSunshine Lake 1 shared · one time · we led 1Y Combinator 1 shared · one time · we led 1Goodwater Capital 1 shared · one time · we led 1Valutia 1 shared · one time · we led 1OpenAI 1 shared · one time · we led 1Gilgamesh Ventures LLC 1 shared · one time · we led 1
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
30 dated events
- Mar 31, 2026Sullyen de Almeida (Diretora) no longer on Schedule A of MonasheesPerson leftPeopleInferenceSullyen de AlmeidaIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Mar 31, 2026Rodrigo Hamburguer Aldrighi (Diretora) no longer on Schedule A of Monashees
- Mar 31, 2026Fabio Igel (Managing Partner) no longer on Schedule A of MonasheesPerson leftPeopleInferenceFabio IgelIAPD Form ADV Part 1 PDF per firm (current filing, Schedule D 7.B.(1) and Schedule A)
- Mar 15, 2023Monashees Co-Investment Fund, LLC first reported on Form ADV by Monashees (Venture Capital Fund), GAV $6,800,000Fund first reported on Form ADVFundsFactMonashees Co-Investment Fund, LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 15, 2023Carlos Augusto Mendes de Araujo (General Partner) no longer on Schedule A of Monashees
- Mar 30, 2022Monashees X, L.P. first reported on Form ADV by Monashees (Venture Capital Fund), GAV $284,025,000Fund first reported on Form ADVFundsFactMonashees X, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022Monashees X F&l, L.P. first reported on Form ADV by Monashees (Venture Capital Fund), GAV $3,505,500Fund first reported on Form ADVFundsFactMonashees X F&l, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022Monashees Expansion II, L.P. first reported on Form ADV by Monashees (Venture Capital Fund), GAV $118,805,555Fund first reported on Form ADVFundsFactMonashees Expansion II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 30, 2022Maira Maciel (Diretora) no longer on Schedule A of Monashees
- Mar 30, 2022Monashees Expansion II F&l, L.P. first reported on Form ADV by Monashees (Venture Capital Fund), GAV $3,505,500Fund first reported on Form ADVFundsFactMonashees Expansion II F&l, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2022Rodrigo Hamburguer Aldrighi joined Schedule A of Monashees as Diretora
- Jan 1, 2022Sullyen de Almeida joined Schedule A of Monashees as Diretora
- May 1, 2021William Mimassi Pedroso joined Schedule A of Monashees as Diretor
- Mar 22, 2021Monashees Expansion, L.P. first reported on Form ADV by Monashees (Venture Capital Fund), GAV $32,000,000Fund first reported on Form ADVFundsFactMonashees Expansion, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jan 1, 2021Carlos Augusto Mendes de Araujo joined Schedule A of Monashees as General Partner
- Mar 31, 2020Monashees Ix, L.P. first reported on Form ADV by Monashees (Venture Capital Fund), GAV $22,261,225Fund first reported on Form ADVFundsFactMonashees Ix, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Jul 24, 2019Monashees Viii, L.P. first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $36,279,601Fund first reported on Form ADVFundsFactMonashees Viii, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2019Maira Maciel joined Schedule A of Monashees as Diretora
- Feb 1, 2019Muriel Kaufmann joined Schedule A of Monashees as Diretora
- Jan 1, 2017Caio Bolognesi joined Schedule A of Monashees as Diretor
- Mar 26, 2015Monashees Capital VII, L.P. first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $97,540,000Fund first reported on Form ADVFundsFactMonashees Capital VII, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 26, 2013Monashees Capital VI, L.P. first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $4,248,717Fund first reported on Form ADVFundsFactMonashees Capital VI, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Monashees Capital V, L.P. first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $24,000,000Fund first reported on Form ADVFundsFactMonashees Capital V, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Monashees Capital IV, L.P. first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $22,000,000Fund first reported on Form ADVFundsFactMonashees Capital IV, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Monashees Capital first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Monashees Capital LLC first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $100,000,000Fund first reported on Form ADVFundsFactMonashees Capital LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Monashees Capital III LLC first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $15,000,000Fund first reported on Form ADVFundsFactMonashees Capital III LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Mar 29, 2012Monashees Capital II LLC first reported on Form ADV by Monashees Capital (Venture Capital Fund), GAV $11,500,000Fund first reported on Form ADVFundsFactMonashees Capital II LLCSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 1, 2011Carlo Dapuzzo joined Schedule A of Monashees as Diretor
- Feb 1, 2010Marcelo Lima joined Schedule A of Monashees as Diretor
Classification history
- Sep 15, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $1,565M across 16 vehicles
- Sep 12, 2026Institutional venture firm (confirmed, 95%, cls-1)venture manager, reported GAV $1,430M across 15 vehicles
Evidence
51 observations from 3 sources