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§ Private Profile · Uberlândia, Minas Gerais, Brazil
Tech-driven back office platform for private credit funds and securitizations in Brazil, offering fund management and banking.
Kanastra, based in Uberlândia, Brazil, provides a tech-driven back office platform for alternative investments, specifically private credit funds and securitizations across Latin America. The platform currently manages $7 billion in assets under service across 250 facilities, demonstrating 150% growth over the past 12 months. Kanastra has raised significant capital, including a $21 million Series A in June 2024 led by Kaszek, and a $30 million Series B in October 2025 led by F-Prime. Other notable investors include QED Investors, Valor Capital, Quona Capital, and Itaú, which also serves as a key customer alongside XP Investments and Patria Investments. The company was founded in 2022 by Gustavo Mapeli and Manuel Netto. Its business model centers on software-enabled financial services for fund management, securitization, and banking, generating revenue through platform usage by private credit market participants.
Kanastra has raised $64.0M across 3 funding rounds.
Kanastra has raised $64.0M in total across 3 funding rounds.
Kanastra has raised $64.0M in total across 3 funding rounds.
Kanastra's investors include Rocio Wu, Kaszek Ventures, Quona Capital, Marcelo Sampaio, Sergio Furio, International Finance Corporation, Unibanco, Valor Capital Group, Actyus, Atlantico, QED Investors, Mantis VC.
Kanastra has raised $64.0M across 3 funding rounds. Most recently, it raised $30.0M Series B in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2025 | $30M Series B | Rocio WU | Kaszek Ventures, Quona Capital, Marcelo Sampaio, Sergio Furio, International Finance Corporation, Unibanco, Valor Capital Group | Announced |
| Jun 1, 2024 | $21M Series A | Kaszek Ventures | Quona Capital, Marcelo Sampaio, Sergio Furio, Actyus, Atlantico, QED Investors, Valor Capital Group | Announced |
| Jun 1, 2023 | $13M Seed | Quona Capital, Valor Capital Group | Kaszek Ventures, Mantis VC, NXTP Labs, Albert Armengol, Marcelo Sampaio, Oliver Jung, Paulo Silveira, Philippe Teixeira DA Mota, Rafael Larragoiti Lucas, Sergio Furio, Actyus, Clocktower Technology Ventures, Collaborative Fund, Crestone, Endeavor, GR O, Latitud, Norte Ventures, QED Investors | Announced |
Kanastra is a Brazil-based fintech company founded in 2022 that provides end-to-end infrastructure solutions for the rapidly expanding private credit market in Brazil and Latin America.[1][2][3] Its integrated digital platform offers fund management, securitization, banking services, and credit operation software, enabling originators, asset managers, banks, and investors to scale portfolios with greater transparency, efficiency, and automation across the full operational lifecycle.[1][2][5][6] Serving major clients like Itaú, XP Investments, Patria Investments, Vinci Partners, Solfácil, and Creditas, Kanastra has achieved $7 billion in assets under service across 250 facilities, with 150% growth over the past 12 months as of late 2025.[2][5] The company has raised $34 million total funding, including a $21 million Series A in 2024 led by Kaszek and a $30 million Series B in 2025 led by F-Prime, with participation from Valor Capital, Quona Capital, QED Investors, IFC, Itaú, and others.[2][3][5]
Kanastra was founded in 2022 in Uberlândia, Brazil, by co-founder and CEO Gustavo Mapeli, who leads the company alongside a team backed by early investors like QED Investors (2022 investment).[2][3][4] Headquartered at 71 Av Dos Vinhedos in Uberlândia, the idea emerged to address the operational complexities of Brazil's booming private credit market, where double-digit growth demanded tech-driven back-office solutions for alternative investments.[2][3][6] Early traction was rapid: following an undisclosed seed round, a $21 million Series A in June 2024 (led by Kaszek with Atlantico, Valor Capital, Quona, QED, Actyus, and a global financial institution) fueled expansion, leading to the $30 million Series B in October 2025 from F-Prime.[2][3][5] In under three years, Kanastra scaled to $7 billion in assets under service, validating its proprietary technology for structured fund trust services, securitization, and banking.[2][3]
Kanastra rides the wave of Brazil's private credit market, which is compounding at double-digit rates amid rising demand for alternative financing beyond traditional banks.[2][5] Its timing aligns perfectly with Latin America's fintech boom, where operational demands are intensifying as structures mature—Kanastra's infrastructure fills this gap by enabling banks, funds, and originators to handle complexity at scale.[1][2] Market forces like regulatory evolution, economic recovery, and investor shift to private credit favor its growth, much like core banking infrastructure plays elsewhere (e.g., QED's similar investments in Astrada, Ocrolus).[4] By powering major institutions, Kanastra influences the ecosystem, standardizing private credit operations and accelerating LatAm's transition to tech-enabled capital markets.[1][5]
Kanastra is poised for explosive growth, leveraging its $30 million Series B to deepen product automation, expand its client base, and extend beyond Brazil into broader LatAm private credit markets.[2][5] Trends like surging private credit adoption, AI-driven fintech efficiencies, and IFC/F-Prime validation will shape its trajectory, potentially pushing assets under service past $20 billion in the next 2-3 years amid 100%+ annual compounding.[2] Its influence could evolve from Brazil specialist to regional leader, redefining infrastructure for alternatives—much like how it has already scaled $7 billion in three years, solidifying its role at the forefront of fintech innovation.[1][2]