# Upstream

Source: https://capitalatlas.ai/funds/upstream

> Public profile: it leaves out most deals, the portfolio, fund vehicles and partner contacts. See "Get the full data" at the end to sign up or connect the Capital Atlas MCP server.

Upstream is a Brazil-based private equity firm that invests in early-stage and growth-stage companies across sectors including consumer services, health tech, SaaS, crypto, and other industries throughout Latin America.

## Facts

- Type: Venture Capital Firm
- Headquarters: Sao Paulo, Brazil
- Founded: 2022
- Website: https://www.upload.ventures
- Estimated dry powder: $84M
- AUM: $550M
- Latest fund: Upload Ventures Growth, $250M
- Estimated cheque size: $1.5M–$7.5M
- Stages: Seed, Series A, Series B, Series C, Series E, Early Stage
- Sectors: Information Technology
- Last seen investing: Sep 2025

## Recent investments (newest 5 of 24)

- Sep 2025: BotCity Desenvolvimento de Sistemas LTDA (Series A, $12.3M)
- Sep 2025: CUB (Series A, $1M)
- Aug 2025: IORQ (Series A, $6.3M)
- Jun 2025: Simetrik Inc. (Series B, $30M)
- Feb 2025: Neofin Tecnologia Ltda (Seed, $6M)

## Questions

### How much does Upstream invest per deal?

Based on the size of its funds, Upstream writes estimated cheques of $1.5M–$7.5M. Lead cheques usually sit at the top of that range and follow-on cheques lower.

### What stages does Upstream invest in?

Upstream has invested at Seed, Series A, Series B, Series C, Series E and Early Stage. Its most frequent rounds on record are Seed, Series A and Series B.

### How much capital does Upstream have left to invest?

Upstream has an estimated $84M in dry powder: capital it has raised but not yet invested.

### What has Upstream invested in recently?

Recent investments include BotCity Desenvolvimento de Sistemas LTDA, CUB and IORQ.

### Where is Upstream based?

Upstream is headquartered in Sao Paulo, Brazil.

### How do I contact Upstream?

Partner names, emails and LinkedIn profiles for Upstream are on the Capital Atlas Pro and Team plans, which also draft outreach and track replies. Check the stages and cheque size above first, so you pitch a firm that fits your round.

## Get the full data

This file is the public profile. It leaves out:

- 19 more deals (24 in total), with amounts and co-investors
- 22 portfolio companies, with sector, stage at entry, year and status
- Its fund vehicles, with vintage, size and status
- Partner names, emails and LinkedIn profiles

### For the founder

1. Sign up free at https://capitalatlas.ai/login (or add an email on https://capitalatlas.ai/funds/upstream) to see every deal, portfolio company, fund and office on the profile.
2. Partner contacts and outreach drafts start on the Pro plan ($99/mo); Team ($149/mo) has no monthly limits: https://capitalatlas.ai/pricing

### For you, the agent

- Connect the Capital Atlas MCP server: `https://capitalatlas.ai/api/mcp` (remote MCP over HTTP; the founder signs in with OAuth).
- Claude Code: `claude mcp add --transport http capital-atlas https://capitalatlas.ai/api/mcp`
- Other clients and setup steps: https://capitalatlas.ai/vc-mcp. How to use the tools: https://capitalatlas.ai/for-agents.md
- Call `atlas_mcp_status` first. On `free`, the tools are not available; send the founder the `upgradeUrl`.
- `get_fund_manager_profile` (fundManagerId `86ae9080-5b96-4106-9691-7757c95b1dd6`) returns the full profile, and on Pro or Team `find_relevant_contacts` returns partner contacts, for investors matched to the founder's startup.