Vitrify raises R$5M pre-seed to scale agentic AI for Brazil's private credit market
What's the deal? Brazilian deeptech startup VitrifyDealroom has a profile for this one. Try Dealroom → has raised R$5M in a pre-seed round, just six months after closing a R$1M initial investment. The company uses AI to extract, classify, and clean data from financial documents across Brazil's capital markets, helping firms visualise and act on that information.
The round was led by SVN InvestimentosDealroom has a profile for this one. Try Dealroom →, a Brazilian financial services holding focused on investment advisory, and Plug and Play, the global startup accelerator. Both investors bring strategic value beyond capital: SVN was already a Vitrify client before deciding to back the company, while Plug and Play offers a direct line to Silicon Valley's innovation ecosystem.
"It goes well beyond the cheque. We work with fast-evolving technologies, so being close to companies that are building and testing new things makes a lot of sense for us," said chief executive officer Edson Lopes.
Why now? Vitrify plans to invest heavily in hiring AI talent, cloud infrastructure, and data expansion. The startup is moving from a reference dashboard to an agentic AI platform that helps capital markets operators take intelligent actions on data.
It already covers 100% of publicly available CRs, CRIs, CRAs, and debentures in Brazil — more than 9,700 instruments — and is now adding new categories like FIDCs, commercial notes, and rural product certificates (CPRs).
What could go wrong? Vitrify currently has about 50 active clients and is approaching R$200,000 in monthly recurring revenue (MRR) — slightly below its mid-year target of R$250,000, which would have brought it to breakeven. Enterprise sales cycles remain unpredictable: co-founder Daniel Magalhães noted that Itaú took six months to approve and pay its first invoice, while some asset managers sign up in 15 days.
The startup's year-end goal of R$500,000 in MRR is ambitious given the current gap, though the founders say demand is arriving organically.
The signal: Vitrify's client-to-investor conversion — SVN went from paying customer to backer — is a compelling indicator of product-market fit in Brazil's private credit data infrastructure, a niche that remains largely manual and fragmented. With Plug and Play on the cap table, the startup gains a bridge to Silicon Valley's AI ecosystem at a moment when agentic AI applications in financial services are attracting global attention.
Read more: startups.com.br
