Thrive Ventures, Ltd.

Institutional venture firmSEC exempt reporting adviserClassification probable· São Pauloprovencepartners.com

Provence Partners is a Brazilian venture capital firm backing capital-efficient, tech-enabled companies from Seed to Series B. The mutual partner between families & entrepreneurs since 2015.

In the firm's own words, from its website.

Reported fund assets
$56.2M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
5
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

3 additional team members, 1 additional co-investor or affiliate, 19 additional investments, funds and LPs, 16 events, 2 verified contacts (1 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Nothing material in the last 180 days.

People to know

View all people
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Managing Partner
    Why: Managing partner: runs the firm
    No route on file yet
  • Shareholder And Director
    Why: Named with investment responsibility
    No route on file yet

Relationship network

35 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Thrive Ventures, Ltd.: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Thrive Ventures, Ltd.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

7 companies on record, 0 new in 12 months

Investments on record

7 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Aurabeautyclubportfolio listingunknownunknownunknownunknownSep 14, 2026Fact Firm website
CredAlugaportfolio listingunknownunknownunknownunknownSep 14, 2026Fact Firm website
Finbitsportfolio listingunknownunknownunknownunknownSep 14, 2026Fact Firm website

Stated thesis versus observed behaviour

7 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
seed, series a, series b
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 0

Team

7 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Igor Brito · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Marcelo Mitre · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Mitre Filho Marcelo · Shareholder And Director
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

7 current, 0 departed

Contacts

1 published business email, 1 firm phone

1 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

18 vehicles, 0 LPs disclosed

Funds and vehicles

18 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Bfcv Rock, LPFundunknownUnknown$11.8M
Mar 14, 2024
29unknownunknown
Bfcv Agtech, LPFundunknownUnknown$7.9M
Mar 11, 2026
51unknownunknown
Bfcv Beetech Legacy, LPFundunknownUnknown$6.8M
Mar 11, 2026
26unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
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.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

4 co-investors

Co-investors

4 counted from shared deals, for the whole firm

Evidence and history

21 dated events, 42 observations from 3 sources

Timeline

21 dated events
  1. seen on or beforeSep 14, 2026
    Thrive Ventures, Ltd. lists Nomad Global as exited (mechanism not stated) on or before 2026-09-14 (no date published), on the portfolio page
    Listed as exited on a portfolio pageExitsFactNomad GlobalFirm website
  2. seen on or beforeSep 14, 2026
    Thrive Ventures, Ltd. lists Wellhub as exited (mechanism not stated) on or before 2026-09-14 (no date published), on the portfolio page
    Listed as exited on a portfolio pageExitsFactWellhubFirm website
  3. Mar 11, 2026
    Bfcv Rental, LP first reported on Form ADV by Thrive Ventures, Ltd. (Venture Capital Fund), GAV $5,618,596
    Fund first reported on Form ADVFundsInferenceBfcv Rental, LPForm ADV
  4. Mar 11, 2026
    Libbs Ventures, LP first reported on Form ADV by Thrive Ventures, Ltd. (Venture Capital Fund), GAV $1,024,041
    Fund first reported on Form ADVFundsInferenceLibbs Ventures, LPForm ADV
  5. Nov 22, 2023
    Lifelink Bfcv Ochre, LP first reported on Form ADV by Thrive Ventures, Ltd. (Venture Capital Fund), GAV $1,517,448
    Fund first reported on Form ADVFundsFactLifelink Bfcv Ochre, LPForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 11, 2026 · 17 private fundsShow
Headquarters
São Paulo, Braziladviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Private fund adviseradviserinfo.sec.gov
Latest Form ADV
Mar 11, 2026
Private funds reported
17 (17 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$56.2Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $68M across 18 vehicles
  2. Sep 12, 2026
    Institutional venture firm (probable, 80%)
    Venture manager, reported GAV $63M across 16 vehicles

Evidence

43 observations from 3 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
SEC exemption claimedPrivate fund adviserMar 14, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 11, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 14, 2024FactForm ADV
First Form ADV filing2023-11-22Mar 11, 2026FactForm ADV
First Form ADV filing2023-11-22Mar 14, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-11Mar 11, 2026FactForm ADV
Latest Form ADV filing2024-03-14Mar 14, 2024FactForm ADV
Venture share of reported funds1Mar 11, 2026FactForm ADV
Venture share of reported funds1Mar 14, 2024FactForm ADV
Business phoneMar 14, 2024FactForm ADV
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
HeadquartersSão Paulo, BrazilMar 14, 2024FactForm ADV
Office addressMar 14, 2024FactForm ADV
Self-described typeVenture capitalSep 16, 2026Fact
Self-described typeVenture capitalSep 14, 2026Fact
Legal formCorporationMar 14, 2024FactForm ADV
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported17Mar 11, 2026FactForm ADV
Private funds reported16Mar 14, 2024FactForm ADV
Private fund gross assets (reported)$56.2MMar 11, 2026FactForm ADV
Private fund gross assets (reported)$62.8MMar 14, 2024FactForm ADV
Schedule a diffsadiff-1Mar 11, 2026FactForm ADV
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeed, series a, series b
“stage words on the home page”
Sep 14, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported17Mar 11, 2026FactForm ADV
Venture funds reported16Mar 14, 2024FactForm ADV
WebsiteMar 14, 2024FactForm ADV
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, probableShow
Importance
37
elevated
Active deployment
0
low
Emerging
0
low
Freshness
100
high
Institutional venture firm · probableSEC exempt reporting adviser

Venture manager, reported GAV $68M across 18 vehicles

The inputs behind each score
importance
gav: 0.23 · funds: 1 · people: 0.28 · investments: 0.31 · co investors: 0.24
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 0 · latest investment at: not scored
emerging manager
fund count: 18 · reported gav: $56.2M · first adv filing: 2023-11-22 · years since first filing: 2.9

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2023-11-22source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.

Not yet on record: latest vintage.