Sequoia is back in Brazil, co-investing with ONEVC

The AI revolution has reached Latin America, and we’re seeing it firsthand in our portfolio. Twelve years after its last investment in Brazil (Nubank), Sequoia is back—leading the seed round for Enter, an AI-powered legaltech disrupting one of the country’s most inefficient industries. ONEVC led Enter’s pre-seed round in late 2023 and played a key role in both building its founding team and bringing two major enterprise customers before Sequoia invested.

Among the five deals ONEVC closed in 2024 and 2025, four have AI at their core, including two in the legaltech space. The legal sector in Brazil is at an inflection point, with technology adoption accelerating among lawyers and firms. We believe this is just the beginning of a wave of AI-driven transformation in traditionally overlooked markets.

Enter | Seed Round

We’re excited to announce the seed round of Enter (formerly Talisman AI), led by Sequoia Capital. We couldn’t be prouder of our founders, Mateus Costa-Ribeiro, Michael Mac-Vicar, and Henrique Vaz. Sequoia’s last investment in Brazil was 12 years ago, in Nubank.

We believe legaltech is one of the sectors AI will disrupt the most. The market holds immense promise, especially in Brazil — a country grappling with one of the most inefficient legal systems, boasting 1.4 million lawyers and around BRL 70 billion in legal fees annually. This figure doesn’t even account for the assets under dispute. Enter’s initial focus will be on high-volume, low-complexity legal work, with plans to delve into more intricate topics as the company progresses.

ONEVC led Enter’s pre-seed round in late 2023 and feels honored to have closely witnessed the team’s flawless execution. Fast forward to today, Enter has 13 enterprise customers, including Nubank, Banco C6, SulAmerica, BMG, Agibank, Vivo, and Light.

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Via ONEVC