# Big Bets

Big Bets is a Private Equity based in São Paulo, Brazil.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** São Paulo, Brazil
- **Region:** Latin America
- **Address:** São Paulo, Brazil
- **Assets under management:** Undisclosed
- **Website:** bigbets.tech
- **LinkedIn:** https://www.linkedin.com/company/bigbets

## Regulatory record

- **Reports private funds:** No

## About

Big Bets partners early with software-intensive startups and supports entrepreneurs from Day 1. It works hand in hand with founders, behaving like entrepreneurs rather than investors. The firm describes itself as partners to entrepreneurs who live on big bets.

## Sectors

- Enterprise Software
- FinTech
- AI/ML

## People

- Pierre Schürmann — Co-Founder & Managing Partner
- Leo Guardado — Co-Founder

## Questions

### Who runs investment decisions at Big Bets?

Co-founders Pierre Schürmann and Leo Guardado lead the investment committee. Schürmann serves as Managing Partner out of São Paulo. Guardado brings operating experience from Rappi, where he served as an early executive. The firm's lean structure means final decisions rest with the co-founders, who jointly evaluate every seed-stage commitment.

### How does Big Bets source proprietary deal flow?

The firm originates deals through deep operator networks across Brazil, Colombia, and Mexico. Guardado's tenure at Rappi provides access to a diaspora of former Rappi executives now launching companies across Latin America. Big Bets also leverages its cross-border LP base — US and European funds that refer local deals needing on-the-ground diligence.

### Does Big Bets participate in fund commitments or only direct deals?

Big Bets invests almost exclusively through direct seed-stage deals. It does not operate as a fund-of-funds and is not known to make LP commitments into other venture funds. The firm will co-invest alongside US-based funds entering Latin America when those funds lack local origination and diligence capacity.

### What investment stages does Big Bets typically target?

The firm targets seed-stage startups, writing first checks to founders who have not yet raised institutional venture capital. Big Bets then reserves significant capital for follow-on rounds through Series A and beyond, a structure that allows concentrated portfolio construction rather than broad index-style seeding.

### Where does Big Bets invest geographically?

Brazil remains the firm's core market, where it maintains its São Paulo headquarters. Big Bets has publicly expanded into Mexico, targeting fintech and enterprise software companies in Mexico City and Monterrey. Colombia, where co-founder Leo Guardado worked at Rappi, is a secondary focus. The firm does not invest outside Latin America.

### How is Big Bets structured relative to US venture funds?

Big Bets operates as a bridge fund: it sources and diligences deals locally in Latin America, then syndicates capital from US- and Europe-based limited partners. This structure allows international LPs to access LatAm seed-stage tech without building their own regional teams, while Big Bets retains investment discretion and portfolio concentration on the ground.

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- [BICI Capital Fortune](https://altss.com/profile/bici-capital-fortune)
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Updated: 2026-07-11T16:16:32.000Z

Canonical page: https://altss.com/profile/bigbets

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