# Raiz Investimentos

Raiz Investimentos is a Single Family Office based in Sao Paulo, Brazil.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Sao Paulo, Brazil
- **Region:** South America
- **Address:** Rua Amauri, 255, 2nd Floor, São Paulo, SP, Brazil
- **Founded:** 2014
- **Assets under management:** 1500 (Altss estimate)
- **Website:** raizinvestimentos.com.br
- **LinkedIn:** https://br.linkedin.com/company/raiz-investimentos

## Regulatory record

- **Reports private funds:** No

## About

Ivan Correa de Toledo Filho created Raiz Investimentos in 2014 after selling electronic toll operator Sem Parar to FleetCor. The transaction generated R$4 billion that now forms the office's permanent capital base. The structure remains a single-family office without external mandates. Raiz deploys across private equity, infrastructure and venture stages. Confirmed positions include Open Co, where it joined IFC, Goldman Sachs and SoftBank Latin America Fund in the Series C round. The office targets Series A through Series C opportunities in fintech, insurtech and industrial tech. Geographic reach centers on South America with selective exposure to global markets through co-investments. The team includes Lee Herzog, who joined in 2024 to lead the New York office after prior work at Brooklyn NY Holdings. Raiz maintains headquarters in São Paulo and an additional office in New York. Total deployment stands at $1.5 billion. No philanthropic vehicles or club memberships appear in public records. Raiz operates through direct co-investments and SPVs rather than fund commitments. This model allows concentrated positions in platforms that match the family's operating background in payments and infrastructure. The New York presence supports access to cross-border technology opportunities while capital remains anchored in Brazil.

## Sectors

- FinTech
- InsurTech
- Industrial Tech
- Enterprise Software

## Offices

- New York, NY, USA

## People

- Ivan Correa de Toledo Filho — Founder
- Lee Herzog — Head of Investments

## Questions

### Who runs investment decisions at Raiz Investimentos?

Ivan Correa de Toledo Filho sets overall direction as founder. Lee Herzog leads day-to-day investment activity from the New York office after joining in 2024.

### How does Raiz Investimentos source proprietary deal flow?

The office draws on relationships formed during the Sem Parar era and subsequent co-investments with IFC and SoftBank. Direct outreach to Series A-C companies in Brazil forms the core channel.

### Does Raiz Investimentos participate in fund commitments or only direct deals?

Raiz executes through direct co-investments and SPVs. No allocations to external funds are disclosed in available records.

### What investment stages does Raiz Investimentos typically target?

The office focuses on Series A, Series B and Series C rounds. Infrastructure and private equity opportunities complement the venture activity.

### What is Raiz Investimentos known posture on co-investments alongside external GPs?

Raiz joins syndicates with IFC, Goldman Sachs and SoftBank Latin America Fund. It prefers direct participation over lead sponsorship.

### Does Raiz Investimentos maintain a New York office and what is its role?

A New York office opened under Lee Herzog in 2024. It supports sourcing of cross-border technology and fintech opportunities.

## Related profiles

- [Beall Investment Partners](https://altss.com/profile/beall-investment-partners-beall-family-office)
- [Bridford Group](https://altss.com/profile/bridford-group)

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Last updated: 2026-08-10T15:54:10.904Z

Canonical page: https://altss.com/profile/raiz-investimentos-ivan-toldeo-family-office

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