500 Startups Latam

500 Startups Latam is a venture capital firm dedicated to fostering early-stage companies in Latin America, particularly those that are Spanish-speaking. The firm offers a comprehensive mentorship program that addresses key aspects of business development, including legal issues, product development, sales strategies, growth tactics, organizational culture, and fundraising. This support is designed to prepare entrepreneurs for a culminating Demo Day, where they can showcase their businesses to potential investors. In addition to mentorship, 500 Startups Latam has invested substantial resources into acceleration programs and support services for thousands of entrepreneurs across more than 60 countries. The firm aims to enhance marketing, operations, and financial capabilities of its participants, ensuring they are equipped to secure future funding and achieve sustainable growth, thereby positioning them as potential leaders in their respective industries.

René Lomelí Ojeda

Partner

Past deals in Andes

Talently

Seed Round in 2022
Talently is an education services provider based in Lima, Peru, specializing in online programs for programming roles. The company focuses on enhancing the career prospects of software developers from Latin America by offering an intensive curriculum designed to equip them with essential skills for the technology industry. This program includes training in English communication, remote work capabilities, and career mentoring, enabling participants to improve their employability in a global job market. Talently aims to accelerate the careers of tech talent in the region, helping them secure better job opportunities worldwide.

Nuevo Método

Pre Seed Round in 2022
Nuevo Método operates a subscription service for female sexual and reproductive health. It offers contraceptives and provides access to gynecologists. Nuevo Método is based in Buenos Aires, Argentina.

Databits

Pre Seed Round in 2021
Databits offers you world-class training geared towards solving real-world challenges. Our team of instructors is composed of industry experts, certified in the most in-demand skills and tools. With us you can learn: Artificial Intelligence, Python, Machine Learning, Data Engineering, Spark, Big Data, Data Analytics, Data Governance, Power BI, Databricks, Azure and more. We have presence in Ecuador, Mexico, Peru, Argentina, Chile and Bolivia where we have trained +1000 professionals and +50 companies in the region.

Wombo

Pre Seed Round in 2021
Wombo Academy is a training platform for e-sports players. We offer an effective learning process to players who want to improve their level in videogames through training programs developed by professional players. Our platform also provides access to training tools to put into action all the knowledge from the programs.

Soukboard

Seed Round in 2013
Soukboard is an online sales and marketing assistant for small and medium businesses. Sales performance is the goal. At Soukboard, small and medium businesses owners can create their own online stores, promote their products through intelligent online marketing campaigns and grow their sales; everything in a single platform and paying only per conversion, Soukboard offers SMB what no other online store platform does: * A FREE online store, with strong focus on UX design. * Integrated simplified online campaigns tools (google ads, facebook ads among others) inside each store, * A smart algorithm that learns from all the campaigns performed at the Soukboard community and optimizes each stores’ campaigns * A dashboard with statistics that enables anyone to manage their campaigns and make decisions. Soukboard is a self-service platform, as users can register, login, create their stores, sale their products and use the integrated online marketing tools by themselves. The smart assistant is completely automatized based on each stores information, sales profile, etc.