Lefosse Represented Saks Seed Investment Round Led by Investment Funds Kinea Investimentos and Canary.

Lefosse Advogados represented Saks, a Brazilian Digital Private Pension Broker, in a Seed round of investment led by investment funds Kinea Investimentos and Canary with the participation of FJ Labs and Honey Island Capital, the latter created by the co-founders of unicorn Ebanx.

Saks was founded in 2020 by Luiz Bacellar (CEO), an experienced tech entrepreneur who has previously created Desbrava Corretora. Saks has developed a digital platform that offers more than 100 different pension funds in Brazil to consumers. The App has an AI algorithm that suggests the best product, analyzing and suggesting the best product for the client

The Esquires and the Firms Behind the Deal

About Lefosse Advogados’ representation of Saks

Lefosse Advogados represented Saks as its Brazilian legal counsel. Partner André Ziccardi de Carvalho leading the firm’s deal team with contribution from associate João Pedro Pizarro. 

The top ranked Global Chambers and Chambers Brazil Lefosse Advogados is one of the highly regarded law firms in the country and a top firm ranked in the listings of M&A Venture Capital space in Brazil. 

The firm is a full-service Brazilian firm with offices in São Paulo and Rio de Janeiro.

Nelson Mullins Riley & Scarborough acted as U.S. legal counsel to Saks with partner Leandro Molina leading the firm’s deal team.

About the Investors’ firms behind the deal

Bronstein, Zilberberg, Chueiri & Potenza Advogados acted as Brazilian legal counsel to Kinea Investimentos with partners Guilherme Potenza and Priscila Gurgel Menezes leading the firm’s deal team.

The Top Ranked Chambers Brazil 2022 Bronstein Zilberberg Chueiri Potenza Advogados is a full service law firm based in São Paulo, and it is highly recognized as one of the leading top-tier M&A Venture Capital law firms in Brazil.

Wilson Sonsini  acted as US legal counsel to the Investors. Wilson Sonsini is headquartered in Palo Alto, California, with offices in 17 cities in the U.S. and abroad.