Marcos Toledo

Co-Founder & Managing Partner at Canary · Joined 2016

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Biography

Marcos Toledo co-founded Canary in São Paulo in 2016, building it into one of the most active early-stage investors in Latin America - the firm says it sees more than 90% of venture opportunities across the region and has analyzed more than 6,000 companies to date, investing in over 30% of those that later raised a Series A in Brazil. Under his leadership, Canary has backed 135-plus companies including three unicorns, one IPO, and 11 acquisitions, with Méliuz's public listing and continued involvement in 99 and Clara among its clearest proof points. Toledo has consistently framed Canary's role as more than capital - the firm positions itself as a genuine 'co-founder' to its portfolio companies, providing hands-on support across hiring, technology, business development, and fundraising.

Notable Investments

Méliuz CASH3.SA99Clara

Career Timeline

2016
Co-founds Canary in São Paulo, backing early-stage Brazilian founders.
2021
Announces a new $100 million Fund III for Latin American startups.
2024
Reports a founder Net Promoter Score of 94 across the firm's portfolio.

Sources & References

LatamList ↗Canary ↗