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Atman Capital's new $30M fund to share profits with its LPs

The founders include John Sung King — founding CEO of publicly traded Five9; Alexandre Liuzzi, co-founder & CSO at Remessa Online, which was acquired by EBANX; Adhemar Milani Neto — founder & CEO at KOVI, and Doug Storf — founder & CEO at Swap, among others. It’s an interesting twist for the firm, founded last year by Brazilian-born Pedro Sorrentino and Pedro Dias and that is investing in startups in the U.S. and Latin America. The firm’s investment thesis, according to Sorrentino, is to target companies run by second- or third-time founders who seek to minimize cash burn with a plan toward profitability. Atman Capital, a year-old early-stage venture firm partially backed by about 20 founders, is sweetening the deal for these individual limited partners.