Valor Capital Group, LLC.

Valor Capital Group, LLC is an investment firm focused on Brazilian and US/International cross-border opportunities with a presence in
New York, Menlo Park & São Paulo. The firm operates across two investment strategies: Growth Equity and Venture Capital

THE OPPORTUNITY

Brazil represents a Increasingly important
actor on the global
high growth market
economic stage
for online consumer
• 7th largest economy
and enterprise
in the world by GDP
solutions
• Highest consumption
per capita across all
of the BRICS.
Burgeoning middle class
with strong cultural
proximity to the US
• 14M new consumers
entered the market between
2010-2014.
• Brazilian middle class
currently accounts for 56% of
the population (115M).
Fast-growing internet
and mobile user bases
• Number of internet and
mobile users in Brazil grew
by 15% and 79% to 107M
and 284M respectively from
’13-’15. Smartphone
penetration expected to
reach 33% by 2017.
Explosive adoption
of US online consumer
behavior
• Brazil ranked #2 in
Facebook and Twitter
users globally.
• Most time spent online
in any LatAm country
(27 hours per month).

WHY VALOR?

Cross-Border Strategy Best-in-Class Platform Experienced Team

Differentiated local and cross-
border strategy triangulating New
York, Silicon Valley and Brazil
• Invest in Brazilian entrepreneurs
creating innovative and successful
businesses.
• Carry out cross-border migrations,
into and out of Brazil.
Deep strategic relationships both
in the US & Brazil
• Network of market leading strategics
operating across different industry verticals
enhances ability to validate opportunities and
accelerate portfolio company growth.
• Partnerships with Abril (Media), DGB
(Logistics), Somos Educacao (Education), Grupo
VR (Payments), Brasif (Retail), and Qualicorp
(Healthcare) are central to this strategy.
Strong focus on portfolio engagement and market
access
• Valor team comprised of operationally focused
investment professionals and access-driven senior
partnership team.
• Advisory Board includes former President of Brazil’s
Central Bank, former head of FB & Google in LATAM,
head of Paypal LATAM, MD of Qiming Venture
Partners, and CEO of Barclays Bank, amongst others.

Valor Venture Fund I LP

Valor Venture Fund I, L.P. is an early stage venture fund focused on Brazilian and foreign consumer and enterprise internet companies and software
based businesses. Diversified across stage and sector; target equity check size of $1 to $5M, including follow-on investments. Valor proactively maps US
and Global Technology markets to Brazil, investing in entrepreneurs / companies that we believe will win in market.

• 70% Brazil Early Stage Investment thesis: technology solutions targeting the sectors that

24 Portfolio
Companies*
• 30% US International Expansion Stage
(Geo-arbitrage and local M&A exits realized)
benefit the large and growing “technical” middle class and sectors
of large fragmentation and inefficiencies

KEY VERTICALS

Edtech Health & Wellness Fintech Logistics

• Market size of $15.8B • Market size of $260B • Payment Market size of $202B • Market size of $160B
• 3rd Largest Globally after • 18,200 gyms in Brazil, • Bitcoin Opportunity - • Projected growth of 20% per
the US and India 2nd most in the world $200B worldwide market year over the next 3 years

TEAM

Investment Scott Sobel Antoine Colaco Michael Nicklas Doug Smith

VP, NCR Emerging COO for Google in CTO Univision VP, Wesray
Team
Markets; founding team LatAm & APAC. MD, Ideiasnet Capital
Net2Phone

Amb. Cliff Sobel Raymond Chambers Gabriel Jaramilo Willem Kooyer

Senior Former US Founder of Wesray Former President, Founder of
Partnership Ambassador to Brazil Capital Santander Brazil Blenheim Capital
Group
*Excludes exit of portfolio company to public Brazilian Company. Valor Capital Group, LLC - January 2016
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