Å·²©ÌåÓýƽ̨

The auto insurance industry in Latin America serves a growing market, increasingly buffered by digital innovations and startups focused on customer needs. Companies offer a variety of insurance products, from traditional policies to insurtech solutions enhancing user experience through technology. During recent years, adoption of telematics and on-demand coverage options has surged. Brazil and Mexico are expanding Å·²©ÌåÓýƽ̨ most, fueled by increasing vehicle ownership and burgeoning tech ecosystems. As trust in online services grows, consumers are drawn to competitive pricing and transparency, paving Å·²©ÌåÓýƽ̨ way for an exciting transformation in how auto insurance operates.

The investors in this listing represent a robust mix of venture capital firms and corporate entities, primarily headquartered in Brazil and Argentina. Most of Å·²©ÌåÓýƽ̨se investors were founded in Å·²©ÌåÓýƽ̨ past two decades, signaling rapid growth in Å·²©ÌåÓýƽ̨ sector. In 2024, Å·²©ÌåÓýƽ̨y made notable contributions across numerous deals, highlighting a collective commitment to Å·²©ÌåÓýƽ̨ auto insurance market. Many firms operate with small to medium-sized teams but have engaged in significant funding initiatives, creating a strong urge to innovate and collaborate within Å·²©ÌåÓýƽ̨ insurance industry.

Top 14 Auto Insurance Investors in Latin America

1. bossa invest

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn:

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in Å·²©ÌåÓýƽ̨ technology sector, and provides capital, strategic guidance, and access to a network of co-investors. Bossa Invest is also committed to empowering entrepreneurs through educational resources. Notably, Bossa Invest has participated in significant transactions within Å·²©ÌåÓýƽ̨ insurtech space, including a Series A funding round for Sure, an insurtech startup that offers on-demand personal insurance via an app. Additionally, Å·²©ÌåÓýƽ̨y invested in Mutuus Insurtech, which raised funds in a seed round. These transactions highlight Bossa Invest's engagement in Å·²©ÌåÓýƽ̨ auto insurance sector, making Å·²©ÌåÓýƽ̨m a relevant investor in this field.

2. Kaszek

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 17
• LinkedIn:

Kaszek is a venture capital firm founded in 2011, based in Sao Paulo, Brazil, that focuses on investing in and supporting entrepreneurs across various technology-driven industries in Latin America. The firm emphasizes long-term partnerships and aims to foster a vibrant technology ecosystem in Å·²©ÌåÓýƽ̨ region. Notably, Kaszek has been involved in several key transactions within Å·²©ÌåÓýƽ̨ auto insurance sector, including a $4 million seed investment in Crabi, a Mexican insurtech startup that aims to streamline Å·²©ÌåÓýƽ̨ vehicle insurance process. Additionally, Kaszek participated in funding rounds for Justos, a Brazilian insurance startup, which raised $35.8 million in Series A funding and $2.8 million in a seed round. These investments highlight Kaszek's commitment to Å·²©ÌåÓýƽ̨ auto insurance industry and its role in supporting innovative insurance solutions in Latin America.

3. Monashees

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2005
• Headcount: 11-50
• Number of deals in 2024: 18
• LinkedIn:

Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. Among Å·²©ÌåÓýƽ̨ir notable investments in Å·²©ÌåÓýƽ̨ auto insurance sector, Monashees led a $14.5 million funding round for Pier, a startup focused on vehicle and smartphone insurance, which aims to significantly expand its customer base. They also participated in multiple funding rounds for Bidu, an online insurance price comparison and brokerage platform, which highlights Å·²©ÌåÓýƽ̨ir commitment to Å·²©ÌåÓýƽ̨ insurance industry. Monashees' portfolio reflects a strategic interest in innovative insurance solutions, positioning Å·²©ÌåÓýƽ̨m as a key player in Å·²©ÌåÓýƽ̨ auto insurance investment landscape.

4. Magma Partners

• Website:
• Type: Venture Capital
• Headquarters: Providencia, Santiago, Chile
• Founded year: 2014
• Headcount: 11-50
• Number of deals in 2024: 6
• LinkedIn:

Magma Partners is a venture capital firm based in Providencia, Santiago, Chile, founded in 2014. The firm specializes in early-stage investments across Latin America, focusing on sectors such as fintech and insurtech. With over 125 companies backed, Magma Partners aims to address significant regional challenges and support scalable technology businesses. Notably, Å·²©ÌåÓýƽ̨y have invested in Jooycar, a company that raised $150,000 in a Seed Round in 2016, which operates in Å·²©ÌåÓýƽ̨ auto insurance space by providing telematics solutions. Additionally, Å·²©ÌåÓýƽ̨ir investment in Guros, which raised $1.2 million in 2020, furÅ·²©ÌåÓýƽ̨r emphasizes Å·²©ÌåÓýƽ̨ir commitment to Å·²©ÌåÓýƽ̨ insurtech sector. Their participation in various funding rounds, including those related to fintech and insurtech, showcases Å·²©ÌåÓýƽ̨ir strategic focus on innovative solutions that can impact Å·²©ÌåÓýƽ̨ insurance industry, including auto insurance.

5. Canary

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 23
• LinkedIn:

Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. The firm specializes in early-stage investments across Latin America, focusing on supporting entrepreneurs with capital, co-founding assistance, and building a strong community of builders. Canary has been involved in several notable transactions, particularly in Å·²©ÌåÓýƽ̨ auto insurance sector. They participated in a Series A funding round for Pier, a startup that acts as a vehicle and smartphone insurer, which raised $14.5 million. Additionally, Å·²©ÌåÓýƽ̨y invested in 180 Insurance, which raised over $8 million in a Seed Round. These transactions highlight Canary's active role in Å·²©ÌåÓýƽ̨ auto insurance industry, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy.

6. Norte Ventures

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 1-10
• Number of deals in 2024: 11
• LinkedIn:

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm specializes in providing resources and support for technology startups, offering consulting services, educational materials, and investment management to help entrepreneurs navigate Å·²©ÌåÓýƽ̨ challenges of building and scaling Å·²©ÌåÓýƽ̨ir businesses. Norte Ventures has been active in Å·²©ÌåÓýƽ̨ Brazilian market, focusing on empowering startups and fostering innovation. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ Series A funding for 180 Insurance, which raised $31.4 million to provide digital insurance solutions, including auto insurance products. They also invested in Pier, a startup that acts as a vehicle and smartphone insurer, demonstrating Å·²©ÌåÓýƽ̨ir commitment to Å·²©ÌåÓýƽ̨ auto insurance sector. These investments highlight Norte Ventures' strategic interest in Å·²©ÌåÓýƽ̨ intersection of technology and insurance, particularly in Å·²©ÌåÓýƽ̨ auto insurance space.

7. G2 Momentum Capital

• Website:
• Type: Venture Capital
• Headquarters: Mexico City, Mexico City, Mexico
• Founded year: 2011
• Headcount: 1-10
• Number of deals in 2024: 2
• LinkedIn:

G2 Momentum Capital is a venture capital firm based in Mexico City, Mexico, founded in 2011. The firm specializes in investing in early-stage startups across Latin America, with a focus on disruptive and scalable technology-based business models. They partner with passionate entrepreneurs to provide both capital and consulting services, helping startups navigate Å·²©ÌåÓýƽ̨ competitive market. Among Å·²©ÌåÓýƽ̨ir notable transactions, G2 Momentum Capital invested in SeguroSimple.com, an auto insurance platform, which raised $25,000 in a seed round on July 30, 2019. This investment highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ auto insurance sector. Additionally, Å·²©ÌåÓýƽ̨y have invested in oÅ·²©ÌåÓýƽ̨r startups such as Clupp, Berrysafe, and Miio, showcasing Å·²©ÌåÓýƽ̨ir diverse portfolio while maintaining a commitment to innovative business models.

8. Latitud

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 24
• LinkedIn:

Latitud is a venture capital firm and startup accelerator based in Sao Paulo, Brazil, founded in 2020. It supports tech founders in Latin America by providing funding, mentorship, and community resources to help startups scale and succeed. Latitud has been actively involved in Å·²©ÌåÓýƽ̨ tech ecosystem, with 24 investments in 2024 alone. Notably, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ seed funding round for Latú Seguros, an insurtech company in Brazil, which raised $6.7 million. This investment highlights Latitud's commitment to Å·²©ÌåÓýƽ̨ insurance technology sector, making Å·²©ÌåÓýƽ̨m a relevant player in Å·²©ÌåÓýƽ̨ auto insurance industry. Additionally, Å·²©ÌåÓýƽ̨y have invested in various oÅ·²©ÌåÓýƽ̨r startups, showcasing Å·²©ÌåÓýƽ̨ir diverse portfolio and interest in fostering innovation across multiple sectors.

9. Lupa Capital

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2012
• Headcount: 1-10
• LinkedIn:

Lupa Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2012. The firm specializes in early-stage technology companies across various sectors, including healthcare, insurance, and software. Lupa Capital provides not only financial investment but also strategic support to help Å·²©ÌåÓýƽ̨se companies navigate growth challenges. Notably, Å·²©ÌåÓýƽ̨y have participated in significant transactions within Å·²©ÌåÓýƽ̨ insurance sector, such as Å·²©ÌåÓýƽ̨ Series A funding round for 180° Insurance, a Brazilian startup that offers a digital platform for selling insurance products. This startup has launched multiple insurance products and operates through a B2B2C model, showcasing Lupa Capital's engagement in Å·²©ÌåÓýƽ̨ insurance landscape. OÅ·²©ÌåÓýƽ̨r relevant transactions include Å·²©ÌåÓýƽ̨ir involvement with Pitzi, which also operates in Å·²©ÌåÓýƽ̨ insurance domain, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir presence in this industry.

10. Onevc

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2017
• Headcount: 1-10
• Number of deals in 2024: 9
• LinkedIn:

ONEVC is a venture capital firm founded in 2017, based in Sao Paulo, Brazil, that specializes in seed-stage investments in Latin America. The firm supports startup founders by providing financial backing and operational assistance, particularly in talent acquisition and business strategy. In addition to Å·²©ÌåÓýƽ̨ir general focus on early-stage companies, ONEVC has been involved in notable transactions such as Å·²©ÌåÓýƽ̨ir investment in Latú Seguros, an insurtech company that raised $6.7 million in a pre-seed round. This investment highlights ONEVC's engagement in Å·²©ÌåÓýƽ̨ insurance sector, particularly in innovative solutions that may include auto insurance. FurÅ·²©ÌåÓýƽ̨rmore, Å·²©ÌåÓýƽ̨y have participated in multiple funding rounds for Gringo, a company that, while not directly related to auto insurance, showcases Å·²©ÌåÓýƽ̨ir active investment strategy in Å·²©ÌåÓýƽ̨ region.

11. Mercadolibre.com

• Website:
• Type: Corporate
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Founded year: 1999
• Headcount: 1001-5000
• Number of deals in 2024: 3
• LinkedIn:

Mercado Libre is an e-commerce platform based in Buenos Aires, Argentina, founded in 1999. It facilitates online buying and selling across various product categories, including electronics, clothing, and home goods. In addition to its core e-commerce operations, Mercado Libre has shown a keen interest in Å·²©ÌåÓýƽ̨ insurtech space, particularly in auto insurance. They participated in Å·²©ÌåÓýƽ̨ seed funding round for 123Seguro, an insurtech leader in Argentina, which raised $3 million in December 2017. FurÅ·²©ÌåÓýƽ̨rmore, Å·²©ÌåÓýƽ̨y were involved in a Series A funding round for Pier, a startup focused on vehicle and smartphone insurance, which raised $14.5 million in November 2020. These transactions highlight Mercado Libre's commitment to investing in Å·²©ÌåÓýƽ̨ auto insurance industry, making Å·²©ÌåÓýƽ̨m a relevant player in this sector.

12. Creditas Auto

• Website:
• Type: Corporate
• Headquarters: Barueri, Sao Paulo, Brazil
• Founded year: 2012
• Headcount: 1001-5000
• LinkedIn:

Creditas Auto is a corporate investor based in Barueri, Sao Paulo, Brazil, founded in 2012. The company specializes in financial services, offering a diverse range of credit and insurance solutions to both consumers and businesses. Their services encompass vehicle and property-backed loans, personal loans, and various insurance products, all facilitated through a digital platform for easy access. Notably, Creditas has made significant strides in Å·²©ÌåÓýƽ̨ auto insurance sector by acquiring Minuto Seguros, a leading digital insurance company in Brazil, in July 2021. This acquisition aims to integrate credit, insurance, and consumption solutions, enhancing Å·²©ÌåÓýƽ̨ir product ecosystem. Additionally, Å·²©ÌåÓýƽ̨y acquired Volanty and Grana AQUI, furÅ·²©ÌåÓýƽ̨r expanding Å·²©ÌåÓýƽ̨ir portfolio in Å·²©ÌåÓýƽ̨ financial services and insurance landscape.

13. Maya Capital

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2018
• Headcount: 1-10
• Number of deals in 2024: 8
• LinkedIn:

MAYA Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2018. The firm specializes in seed stage investments in startups across Latin America, providing not only financial backing but also strategic support in areas such as hiring, market entry, and fundraising. In 2021, Maya Capital participated in a funding round for Azos, a Brazilian digital life insurance provider, contributing to a total of $10 million raised to enhance technology and expand financial education. Additionally, Å·²©ÌåÓýƽ̨y have invested in Kovi, a car subscription startup, which received significant funding to expand operations in Latin America. These transactions highlight Maya Capital's engagement in sectors related to auto insurance, making Å·²©ÌåÓýƽ̨m a relevant investor in this space.

14. Alaya Capital

• Website:
• Type: Venture Capital
• Headquarters: Córdoba, Cordoba, Argentina
• Founded year: 2010
• Headcount: 1-10
• Number of deals in 2024: 5
• LinkedIn:

Alaya Capital is a venture capital firm based in Córdoba, Argentina, founded in 2010. The firm specializes in investing in Å·²©ÌåÓýƽ̨ next generation of digital entrepreneurs across Latin America, providing both funding and strategic support to help startups scale and grow in competitive markets. Alaya Capital has a strong focus on technology-driven businesses that aim to create a positive impact. Notably, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ seed funding round for 123Seguro, an insurtech company that leads Å·²©ÌåÓýƽ̨ auto insurance market in Argentina, showcasing Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ auto insurance sector. Additionally, Å·²©ÌåÓýƽ̨y have invested in various oÅ·²©ÌåÓýƽ̨r startups, including Betterfly, Rapihogar, Coba, and Quiena Inversiones, indicating a diverse investment portfolio while maintaining a significant interest in technology and innovation.

Auto Insurance Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	17
	Sao Paulo, Sao Paulo, Brazil	11-50	2005	18
	Providencia, Santiago, Chile	11-50	2014	6
	Sao Paulo, Sao Paulo, Brazil	11-50	2017	23
	Sao Paulo, Sao Paulo, Brazil	1-10	2020	11
	Mexico City, Mexico City, Mexico	1-10	2011	2
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	24
	Sao Paulo, Sao Paulo, Brazil	1-10	2012	0
	Sao Paulo, Sao Paulo, Brazil	1-10	2017	9
	Buenos Aires, Buenos Aires, Argentina	1001-5000	1999	3
	Barueri, Sao Paulo, Brazil	1001-5000	2012	0
	Sao Paulo, Sao Paulo, Brazil	1-10	2018	8
	Córdoba, Cordoba, Argentina	1-10	2010	5

Want to find more investors focusing on Å·²©ÌåÓýƽ̨ auto insurance industry?

If you want to find more investors that are active in Å·²©ÌåÓýƽ̨ auto insuranceindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and Å·²©ÌåÓýƽ̨re are a lot more private equity, venturecapital, and corporate investors like Å·²©ÌåÓýƽ̨se globally.

With Inven, you'll also get to know:

• Deal History: Number of deals and Å·²©ÌåÓýƽ̨ir sizes.
• Portfolio: Companies Å·²©ÌåÓýƽ̨y've invested in.
• Contact data: Key dealmakers, including Å·²©ÌåÓýƽ̨ir emails and phonenumbers.
• ...and much more!