Silver Angels

Deal flow is generated internally through the membership network. Because the roughly 30 members are sitting executives, board members, and serial founders, opportunities arrive through direct referrals and personal relationships rather than a formal origination team. No external scouting partnerships or proprietary sourcing platforms have been disclosed.

The group states an average ticket of R$0.5 million to R$1 million, deployed at the early stage. Silver Angels describes its category as "Start-up" and "Growth," indicating it may participate in seed and follow-on rounds, though no specific stage delineation or reserves policy is publicly documented.

Structurally, it operates as an organized angel syndicate. Members pool personal capital and contribute hands-on governance support, rather than committing to a blind-pool fund vehicle. There is no evidence of LP relationships, management fees, or a carried-interest structure in public disclosures.

The group does not publicly name its individual members, nor does it disclose the nine startups it reports in its portfolio. This privacy posture limits outside visibility into deal concentration, sector weightings, and individual member exposure.

The group does not explicitly describe co-investment policies or name institutional co-investors. Given its small average ticket and early-stage focus, it can plausibly join rounds led by larger venture firms, but no syndicated partnership has been confirmed in public records.