Rafael Costa

Investor & Entrepreneur

📍 United States🔄 Updated September 2026💼 15 investments📅 13 years investing🗓 Last invested Oct 2025
VC🌍 United StatesInvested this year
15
Total investments
1
Early stage
4
Mid stage
5
Late stage
13y
Years active

Portfolio

12 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor & Board Member
Oct 2025
HiveWatch is a cloud-based GSOC management platform that enhances your security operations through AI-powered automation. Our system works alongside your team, handling routine tasks while enabling your operators to focus on strategic security initiatives.
Investor & Board Member
2023
QI Tech is the first company to receive the Direct Credit Society (SCD) license from the Central Bank of Brazil and, six years later, in 2024, we became the only unicorn in Latin America. Since 2018, we have been providing the full technological infrastructure companies need to create and scale financial products and solutions in a highly regulated environment. Our portfolio includes: Risk Solutions: anti-fraud tools to protect businesses and their customers; Banking: full-stack banking APIs — digital accounts, payments, cards, all in white-label format; Credit: proprietary technology to originate, operate, and securitize credit with full regulatory compliance; DCM (Capital Markets Platform): an integrated platform for issuing, distributing, and managing capital market transactions; DTVM: regulatory and technological infrastructure for investment funds. With a high-performance culture and an unwavering focus on clients, we are the strategic partner for companies that want to innovate with confidence and scale securely.
Investor
2021
dLocal started with one goal – to close the payments innovation gap between global enterprise companies, and customers in emerging economies. We have over 900 payment methods, in more than 40 countries. We are relentlessly focusing on serving our customers and solidifying our position as the preferred infrastructure solution for Global Merchants across Emerging Markets. With the ability to accept local payment methods and facilitate cross-border fund settlement worldwide, our merchants reach billions of underserved consumers in the high-growth markets of Africa, Asia, and Latin America. dLocal offers the ideal payment solutions for global commerce: Payins: Accept local payment methods Payouts: Compliantly send funds cross-border dLocal for Platforms: Unify your platform’s payment solution Defense Suite: Manage fraud effectively Unlock the power of emerging markets.
Investor
2020
Wildlife is one of the leading mobile game developers and publishers in the world. Our gaming titles have been downloaded over 3 billion times, providing fun to millions of people every day, everywhere. We have talented and passionate teams around the world, in Argentina, Australia, Brazil, Finland, Ireland, Israel, Sweden, Turkey and the US. We are not done yet. We aspire to develop games that will be remembered by generations. To achieve this goal, we pursue to be best-in-class in each of our major disciplines: Product, Engineering, Art, Marketing, and Data.
Investor
2020
Acquired by Fastly, Inc. in oct 2020. Signal Sciences is the fastest growing web application security company in the world. Our award-winning next-gen WAF and RASP solution protects 40,000+ applications and APIs with over 2 trillion production requests per month. Signal Sciences’ patented architecture allows our customers to embrace cloud and DevOps while bringing actionable security visibility to development, DevOps, and security teams. We work with some of the world’s most recognizable companies, like Datadog, DoorDash, Under Armour, Starbucks, Aflac, and many more across industries. We make web applications more secure. Simple as that. We do it by providing an unparalleled platform that teams actually want to use. It’s flexible, exceptionally elastic, collaborative–and protects business initiatives like DevOps and cloud adoption without disrupting current workflows and processes already in place.
Former Board Member & Investor
2020
A Neon é uma instituição financeira fundada em 2016, sendo a primeira conta digital do Brasil. Já nascemos inconformados e temos um propósito muito claro: fazer seu dinheiro fluir para ver o seu mundo crescer. Hoje já são mais de 30 milhões de clientes que contam com a Neon como sua parceira para viver no azul, e é por essas pessoas que buscamos, cada vez mais, ser um time excepcional, que trabalha bem junto e faz entregas vencedoras. Com a nossa política #NeonEmTodoCanto, as pessoas neowners podem trabalhar de onde quiserem, o que impulsiona a criação de um time global e diverso em vivências, histórias e conhecimento. Nosso trabalho é pelos brasileiros e brasileiras que têm espírito empreendedor e a energia do fazer sendo parte de suas jornadas. Para quem acredita que amanhã sempre haverá um céu azul e muita conquista a ser alcançada :) Tá pensando em trabalhar com um time talentoso enquanto ajuda o dinheiro fluir para milhares de brasileiros? Aqui é o seu lugar! Vem #ViverNoAzul! Confira nossas vagas abaixo: https://site.neon.com.br/carreira Caso queira conhecer ainda mais sobre a Neon, ficar por dentro das novidades do nosso app e entender tudo que fazemos por aqui, vem acompanhar a gente também no Instagram: https://www.instagram.com/timeneon
Former Board Member & Investor
2019
Loft is reinventing the process of buying and selling real estate in Brazil by leveraging technology and data to transform painful and bureaucratic processes into simple and delightful experiences. At Loft, you can sell your apartment instantly for a fair price or find your next perfect home ready for move-in. We respect your time; it is your most valuable asset. We are driven by the huge challenge of disrupting one of the largest and least efficient industries, all while having fun and positively impacting our clients, stakeholders and society. If you are ambitious, skilled, creative and enjoy tackling complex problems, come join our team. Loft was founded in 2018 in São Paulo, Brazil, and is backed by leading global VC investors including Andreessen Horowitz, Thrive Capital and Monashees.
Investor
2018
Dataminr has created a revolutionary AI platform for discovering real-time events, risks, and threats in public data, providing global organizations and corporations with critical and actionable information. Its pioneering multi-modal fusion AI pulls from more than one million unique public data sources to synthesize terabytes of data spanning text, image, video, audio, and sensor signals for accurate, real-time event detection across 150+ languages and 220+ countries and territories. Dataminr pushes the boundaries of real-time information with ReGenAI -- an innovation that combines Predictive AI and Generative AI to describe breaking events and provide dynamic re-generating updates to events as they unfold. Powered by more than 50 proprietary large-language models, Dataminr delivers the earliest actionable information to enhance the security and resilience of organizations, infrastructure, and people. Dataminr is making its mark for growth and innovation, earning multi-year recognition on the Deloitte Technology Fast 500, Forbes AI 50, Forbes Cloud 100, and Built In Best Places to Work lists. We are creating a team of talented builders, creators and visionaries to have a real-world impact on how organizations are able to respond to events. Join our team and help the world manage risk in real time. You’ll work with 500+ talented people across ten global offices, united by our passion to collaborate, make a difference, and have fun while doing it!
Investor
2018
Grab is Southeast Asia’s leading superapp, offering a suite of services consisting of deliveries, mobility, financial services, enterprise and others. Grabbers come from all over the world, and we are united by a common mission: to drive Southeast Asia forward by creating economic empowerment for everyone. At Grab, every Grabber is guided by The Grab Way, which explains our mission and the operating principles on how we can achieve it together. We call these principles the 4Hs: Heart We work together as OneGrab to serve communities in Southeast Asia Hunger We work to understand ground truths and drive improvements, big and small Honour We keep our word and steward our resources wisely to build and sustain trust Humility We are a constant work-in-progress, and we never stop learning to get better
Investor
2018
TraceLink is the only network creation platform company that builds integrated business ecosystems with multienterprise applications - the true foundation for digitalization - delivering customer-centric agility and resiliency for end-to-end supply networks and leveraging the collective intelligence of entire industries. Delivering end-to-end supply chain solutions, TraceLinks Opus Platform enables speed of innovation and implementation with an open partner model for no-code and low-code development of solutions and applications. At TraceLink, we blend decades of knowledge in SaaS technology and supply chain business processes with a clear vision for advancing manufacturing industries through disruptive, unconventional software solutions. With headquarters in Massachusetts, TraceLink has six global offices through North America, South America, Europe, and Asia.
Investor
2018
We’re Intercom — the AI customer service company helping businesses deliver incredible customer experiences at scale. Our platform combines Fin, the #1 AI Agent for customer service, with our next-generation Helpdesk, a modern workspace that gives support teams the power, speed and intelligence they need.
Growth Equity Investor
2016
Vulcan Capital was the multi-billion dollar investment arm of Microsoft co-founder and philanthropist Paul Allen.
Experience · 18 entries
All (18)
Investments (15)
Founder (1)
Board (6)
2025
Investor & Board Member
Oct 2025
HiveWatch is a cloud-based GSOC management platform that enhances your security operations through AI-powered automation. Our system works alongside your team, handling routine tasks while enabling your operators to focus on strategic security initiatives.
2024
Investor & Board Member
2024
Zig is on a mission to make live entertainment thrive worlwide.​ Born out of the expertise of the giants ZigPay, NetPDV, and SuperTicket. Present in over 10 countries and more than 20K events.​​ A 360º solution: full cashless and hybrid payments; Access control; Business Intelligence; CRM and Backoffice.​ ​ Proudly serving top-tier names like: Tomorrowland, Lollapalooza, Rock in Rio, Primavera Sound, Meo Kalorama, Estádio da Luz - Benfica, Allianz Parque – Palmeiras, Arena Astros de Jalisco – Mexico.
2023
Investor & Board Member
2023
QI Tech is the first company to receive the Direct Credit Society (SCD) license from the Central Bank of Brazil and, six years later, in 2024, we became the only unicorn in Latin America. Since 2018, we have been providing the full technological infrastructure companies need to create and scale financial products and solutions in a highly regulated environment. Our portfolio includes: Risk Solutions: anti-fraud tools to protect businesses and their customers; Banking: full-stack banking APIs — digital accounts, payments, cards, all in white-label format; Credit: proprietary technology to originate, operate, and securitize credit with full regulatory compliance; DCM (Capital Markets Platform): an integrated platform for issuing, distributing, and managing capital market transactions; DTVM: regulatory and technological infrastructure for investment funds. With a high-performance culture and an unwavering focus on clients, we are the strategic partner for companies that want to innovate with confidence and scale securely.
2022
General Partner
2022
Across Capital is an investment firm focused on bridging the tech communities in the US and Latin America. ACP partners with category-defining software & Internet companies and unlocks an advantage for them by leveraging its experience, connections, and advisory network to accelerate the cross pollination of ideas, talent, and business models between these two geographies. Prior investments of the founding team include: Creditas, dLocal, Emotive, Flipkart, Gympass, Intercom, Loft, Nelogica, Neon, Rappi, Pipefy, Signal Sciences, Spotify, Uber, Wildlife, and Zuora among others.
2021
Investor
2021
dLocal started with one goal – to close the payments innovation gap between global enterprise companies, and customers in emerging economies. We have over 900 payment methods, in more than 40 countries. We are relentlessly focusing on serving our customers and solidifying our position as the preferred infrastructure solution for Global Merchants across Emerging Markets. With the ability to accept local payment methods and facilitate cross-border fund settlement worldwide, our merchants reach billions of underserved consumers in the high-growth markets of Africa, Asia, and Latin America. dLocal offers the ideal payment solutions for global commerce: Payins: Accept local payment methods Payouts: Compliantly send funds cross-border dLocal for Platforms: Unify your platform’s payment solution Defense Suite: Manage fraud effectively Unlock the power of emerging markets.
Show all 18 entries ↓
Investment activity
2013–2025 · 15 investments
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