AVP Ventures

AVP Ventures is a venture capital investment firm established in 2014 and located in San Isidro, Peru. The firm focuses on partnering with determined founders to support the development of innovative solutions addressing real challenges in Latin America. AVP Ventures primarily invests in seed-stage technology startups across the region, aiming to foster growth and drive impactful change within the local entrepreneurial ecosystem.

Greg Mitchell

Managing Partner

20 past transactions

deskbird

Series A in 2023
Deskbird is a workplace management application focused on enhancing the employee experience by simplifying office occupancy management. The platform allows users to effortlessly check office availability and book desks, meeting rooms, or hot desks through various devices, including mobile, desktop, Slack, and MS Teams, with just two clicks. This ease of use has led to its adoption in over 5,000 offices worldwide, with notable clients such as AON, Unicef, Vitra, Heineken, and ThyssenKrupp. Deskbird's innovative approach not only facilitates the return of employees to the office but also optimizes workspace utilization and helps organizations reduce costs related to leasing and energy consumption. By fostering collaboration and engagement, deskbird supports companies in maximizing their operational efficiency while prioritizing employee needs.

Prestamype

Seed Round in 2023
Prestamype, established in 2017, focuses on enhancing access to funding for micro and small businesses in Peru by offering improved credit conditions. The company initially introduced a secured working capital loan product backed by real estate collateral, successfully lending over USD 24 million to approximately 750 entrepreneurs by October 2021. Expanding its services, Prestamype launched an online foreign exchange platform, Cambio Seguro, in 2019, and introduced a digital factoring product in 2020. The company's online financing platform facilitates digital loans, online factoring, and currency exchange, providing home equity loans with customizable repayment schedules and quick payouts. Prestamype has attracted investment from prominent funds, including INCA Ventures and Angel Ventures Peru, further solidifying its position in the market.

Lumu

Series A in 2021
Lumu is a cybersecurity company founded in 2019 and headquartered in Doral, Florida. It specializes in helping enterprises identify and isolate cyber compromises in real-time. The company's software enhances existing defense capabilities by providing actionable intelligence and features customizable activity clustering, compromise radar, and threat intelligence. Lumu employs Continuous Compromise Assessment principles to deliver a self-learning solution that enables security teams to accelerate the detection of compromises and gain real-time visibility across their infrastructure. By analyzing a range of network metadata, including net flows and access logs, Lumu aims to close the breach detection gap significantly, reducing detection times from months to minutes.

Viapool

Series A in 2021
Viapool is a developer of a private transport platform aimed at enhancing the administration of mobility resources for companies. By bridging the gap between public transportation and private rides, Viapool's platform integrates with clients' systems to streamline user databases and automate the billing process for mobility services. The company emphasizes the efficient and responsible use of corporate transportation through a combination of technological and social elements, promoting sustainable development within a cooperative community. Additionally, Viapool conducts regular audits of vehicles and drivers, ensuring safety compliance, maintenance, and adherence to regulatory policies, thereby enabling users to manage their transportation needs effectively.

Slang

Convertible Note in 2020
Slang is a technology-driven company that specializes in providing online English courses tailored for career development. Originating from a research project at MIT, Slang employs a proprietary machine learning engine to create a highly adaptive e-learning platform. This platform offers a wide range of specialized courses across various fields, including Sales, Finance, Logistics, Medicine, and Law. With the largest professional English course offering globally, Slang's curriculum focuses on real-world scenarios, enabling learners to acquire essential language skills relevant to their careers. The platform also features personalized software that tracks users' knowledge and progress, continually optimizing the learning experience. Looking ahead, Slang plans to expand its course offerings significantly, aiming to release an additional 1,000 courses in the next three years.

DB Menos

Seed Round in 2020
Grupo DB Menos S.A.P.I. de C.V. operates a digital platform based in Morelia, Mexico, that focuses on assisting individuals facing over-indebtedness. Founded in 2017, the company offers tailored debt settlement services, enabling users to create digital accounts for paying unsecured consumer loans. Its platform provides personalized plans designed to align with each debtor's financial capacity, facilitating the quick resolution of outstanding debts. In addition to financial support, DB Menos offers legal advice to help customers navigate their debt situations effectively.

Get on Board

Seed Round in 2020
Get on Board, LLC is an online job listing platform founded in 2011 and based in Santiago, Chile, specializing in connecting digital professionals with job opportunities in startups and tech companies worldwide. As the largest tech recruitment platform in Latin America, it facilitates hundreds of thousands of job applications and is trusted by numerous startups and enterprises in both Latin America and the United States. The platform provides modern tools for recruiters, along with a streamlined and curated experience for job seekers. By leveraging exclusive data on candidate performance, Get on Board enhances remote recruiting processes and significantly reduces sourcing costs for employers, while efficiently helping job seekers find positions that match their skills and preferences.

Slik

Seed Round in 2020
Slik is a company that specializes in employee engagement software aimed at improving workplace culture and employee satisfaction. Its online self-service platform enables organizations to measure and enhance employee experiences throughout their life cycle. By providing automated, personalized, and real-time action plans, Slik equips human resource professionals with a comprehensive dashboard to visualize and manage the entire employee life cycle. This approach helps businesses boost performance and productivity by actively addressing employee needs and fostering a positive work environment.

Descifra

Series A in 2020
Descifra is a SaaS solution that enables business users to measure market potential, predict outcomes, drive strategic growth decisions, and segment audiences. All of this is possible by exploiting the potential of where, machine learning methods, and converging physical & digital information.

Rebus

Seed Round in 2020
Rebus is The Ultimate Fan Activation Engine that helps teams, event promoters, networks, and sponsors engage and monetize all fans 365 days a year through memorable digital experiences and activations across all digital channels (OTTs, social networks, websites, and apps) Rebus developed a more cost-effective easy to setup overlay technology for digital activations that: - Connect and monetize every digital channel (OTTs, social networks, websites, and apps) - Drive sponsor value through digital activations - Deliver memorable engagement with every fan/viewer - Deploys, customize and use in a seamless way Turbocharge the value of your data with RFM segmentation

Somos Moto

Seed Round in 2019
Somos Moto is a digital marketplace focused on motorcycle buying and financing in Latin America. The platform connects motorcycle buyers with dealers and lenders, offering a seamless shopping experience enriched with technical, commercial, multimedia, and financial information, all accessible at no cost. Users benefit from personalized and impartial advice tailored to their specific needs, simplifying the purchasing and financing process. By digitizing these transactions, Somos Moto reduces friction, time, and costs associated with acquiring motorcycles. The company's customers include brand representatives, dealerships, and financial institutions within the motorcycle industry, positioning it as an effective customer acquisition channel for partners. This innovative approach not only boosts sales for its partners but also aims to reshape the loan placement process by prioritizing customer needs through high-quality content.

LQN

Pre Seed Round in 2019
LQN offers an end-to-end mortgage solution that enhances the homebuying experience through innovative technology. The company provides a white-label platform to real estate technology firms, brokers, and developers, facilitating an efficient customer acquisition channel for lenders. By streamlining the origination and servicing processes, LQN enables both existing and new lenders to achieve faster and more cost-effective mortgage solutions. The platform not only assists buyers and sellers in navigating the housing market but also simplifies the credit acquisition process, significantly reducing the time from application to funding. Operating across 41 cities in Colombia and Mexico, LQN aims to create a comprehensive mortgage-as-a-service solution that benefits all parties involved in real estate transactions.

DB Menos

Seed Round in 2019
Grupo DB Menos S.A.P.I. de C.V. operates a digital platform based in Morelia, Mexico, that focuses on assisting individuals facing over-indebtedness. Founded in 2017, the company offers tailored debt settlement services, enabling users to create digital accounts for paying unsecured consumer loans. Its platform provides personalized plans designed to align with each debtor's financial capacity, facilitating the quick resolution of outstanding debts. In addition to financial support, DB Menos offers legal advice to help customers navigate their debt situations effectively.

Fitco

Seed Round in 2019
Fitco is a software company that specializes in management and retention solutions for fitness boutiques and sports centers. Its platform provides comprehensive administration tools that enable fitness centers to manage sales and monitor customer interactions effectively. By leveraging technology, Fitco helps these businesses streamline their operations, enhance efficiency, and foster community building among users. The company aims to support fitness centers in their growth by improving customer engagement and attracting new clients.

Emptor

Seed Round in 2019
Emptor is a developer of an automation identity services platform that focuses on enhancing knowledge processes through trusted data from various sources. The company provides an API and validation interface aimed at automating identity and security services, particularly in Latin America. By offering solutions that streamline hiring and identity validation, Emptor enables clients to improve efficiency and accuracy in their operations. The platform is designed to support organizations in managing their identity verification needs at a large scale, ultimately allowing them to perform tasks more effectively than traditional methods.

Quantum Talent

Seed Round in 2019
Quantum Talent uses artificial intelligence to connect workers and firms. They predict the fit between candidates and jobs, automatizing the recruiting process and connecting people with jobs in which they can thrive and firms with the best employees for their needs.

Fitco

Seed Round in 2018
Fitco is a software company that specializes in management and retention solutions for fitness boutiques and sports centers. Its platform provides comprehensive administration tools that enable fitness centers to manage sales and monitor customer interactions effectively. By leveraging technology, Fitco helps these businesses streamline their operations, enhance efficiency, and foster community building among users. The company aims to support fitness centers in their growth by improving customer engagement and attracting new clients.

SeguroSimple.com

Venture Round in 2018
SeguroSimple.com is an online automotive insurance brokerage platform that allows users to compare vehicle insurance offers from various insurers in the market. The platform is designed to facilitate the purchasing process by enabling customers to find and select insurance plans that meet their specific needs. By offering a range of options, SeguroSimple.com helps users secure affordable vehicle insurance at discounted rates, all from the convenience of their homes.

Culqi

Seed Round in 2018
Culqi is a payment processing application based in San Isidro, Peru, designed to facilitate online payments in Latin America. The platform enables businesses and developers to create customized payment solutions for websites and mobile applications. Culqi offers a point-of-sale system that allows companies to accept card payments from customers, including credit and debit cards. By providing tools that empower merchants, Culqi aims to enhance business performance and growth, enabling them to effectively manage both in-store and online transactions.

Riqra

Seed Round in 2017
Riqra is a sales platform that supports manufacturers and distributors in launching and managing B2B and D2C eCommerce solutions. The platform provides an eCommerce app and a WhatsApp sales bot, facilitating streamlined sales processes. Additionally, Riqra includes productivity applications for pre-sales representatives and last-mile delivery services. It features native integrations with various payment gateways, route optimization tools, and delivery companies. By offering a product catalog and a filtering system, Riqra enables food retailers, including wineries and restaurants, to operate effectively without the need for inventory management or warehousing.
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