Torq Ventures

Torq Ventures is the corporate venture capital unit of Sinqia, Brazil's largest banking-software provider. Sinqia co-founders Bernardo Gomes and Antonio Luciano de Camargo Filho established the unit to invest in startups aligned with the parent company's financial-technology ecosystem. In 2023, Evertec Inc., a publicly traded Puerto Rican payment processor, acquired Sinqia, making Torq Ventures part of a broader Latin American fintech platform. The acquisition did not change Torq Ventures' investment mandate but expanded its potential distribution network into Evertec's Caribbean and Central American markets.

Torq Ventures sources primarily through its corporate parent's operational footprint. The firm can identify startups whose technology complements or enhances Sinqia's product suite, which serves over 500 Brazilian financial institutions. The investment team participates actively in Brazil's venture ecosystem through memberships in ABVCAP and ABStartups, giving it access to deal flow from local accelerators and fund managers. This hybrid model — combining corporate-sourced and ecosystem-sourced opportunities — distinguishes it from purely financial venture investors.

Torq Ventures concentrates on early-stage and startup-stage companies in Brazil, with disclosed focuses on fintech, enterprise software, and blockchain infrastructure. The firm's investment thesis prioritizes companies developing core banking technology, payments systems, credit platforms, regulatory compliance tools, and digital-asset capabilities. The early-stage focus reflects the corporate venture capital model's preference for building relationships before companies reach later funding rounds where independent venture firms dominate.

Juliana Innecco serves as Head of Corporate Venture Capital Investment, leading day-to-day deal evaluation and portfolio management. Innovation Director Leo Monte supports the investment process alongside the broader Sinqia leadership team. Ultimate investment authority sits with Sinqia's co-founder and CEO Bernardo Gomes, who is identified as the primary architect of Torq Ventures' strategy. Chairman Antonio Luciano de Camargo Filho, Sinqia's other co-founder, also holds influence over the unit's direction.

Public records do not disclose Torq Ventures' standard governance practices regarding board representation. As a corporate venture capital arm investing off a parent balance sheet, Torq Ventures likely negotiates board observation rights or seats on a case-by-case basis rather than following a fixed policy. The firm's small disclosed team suggests that board seats, when taken, would likely be filled by Bernardo Gomes, Juliana Innecco, or another Sinqia executive.

Torq Ventures invests directly from Sinqia's corporate balance sheet rather than raising external limited partner commitments. This structure means the firm does not face traditional fund-life constraints or external redemption pressure. Following Evertec's acquisition of Sinqia in 2023, Torq Ventures now operates under a publicly traded parent, subjecting its investment activity to the financial reporting and governance standards of a New York Stock Exchange-listed company.

Torq Ventures' disclosed posture suggests a collaborative approach to the Brazilian venture ecosystem. The firm's memberships in ABVCAP and ABStartups, combined with its corporate venture model, indicate it likely participates in syndicated rounds alongside independent venture firms when the portfolio company can benefit from Sinqia's distribution network. Specific co-investment partners have not been publicly disclosed.