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Status
ACTIVE
Global HQ
São Paulo, Brazil
Countries of investment
  • United States
  • Brazil
  • United Kingdom
Investment stages
  • Series A
  • Growth
Industries
  • AI
  • Machine Learning
  • Deep Tech
  • Software
  • Cloud Computing
  • Data Science
About
VL Fund focuses on AI-driven companies at the Series A and growth stages, writing meaningful checks into a tightly curated group of roughly ten startups. The firm prioritizes founders working on ambitious technical problems in AI, model development, and computational systems, supported by a high-quality LP base of top operators. Its strategy seeks to combine large, conviction-based capital with hands-on operational expertise to help AI startups scale rapidly and dominate emerging categories.
Min check size
$2M
Max check size
$40M
Fund size
NPS

Investment Thesis

VL Fund invests in high-conviction, high-velocity AI companies with global scale potential, concentrating capital into a small portfolio of elite founders. The fund targets groundbreaking AI infrastructure, foundational models, and next-generation systems that can reshape software markets. It aims to leverage deep operator insights, strong founder networks, and concentrated ownership to back transformational AI leaders early.
Lead investor
Co Invest
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Manager's Experience

VL Fund is led by Victor Lazarte, a former Benchmark partner and globally respected founder-operator with deep expertise in scaling AI-driven companies. The team brings a strong track record in concentrated portfolio construction, product-centric company building, and high-velocity deal evaluation. Their backgrounds span top-tier venture firms, fast-growth AI startups, and technical executive roles, allowing them to partner closely with elite AI founders and support rapid global scaling.

Team

Victor Lazarte – Founder & General Partner

Portfolio

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