Newly Formed Redpoint e.ventures Announces Its First Brazilian Deal (Latin America)
Source: Minuto Seguros
Redpoint e.ventures, the Brazil-focused joint venture between global venture capital firms Redpoint Ventures and e.ventures, has invested in the Series A round of Minuto Seguros, a Brazilian online insurance broker. Minuto Seguros offers insurance products for individuals and businesses in 500 Brazilian cities. Redpoint e.ventures closed its first Brazil-focused venture capital fund with US$130 million in commitments in July 2012.