Devlabs

Devlabs Ventures is a venture capital firm founded in 2013, with operations based in Oakland, California, and Temuco, Chile. The firm specializes in providing growth capital to early-stage software startups that are typically no more than 36 months old and have annual sales between 1,000 and 5,000 UF, along with a trend of doubling their sales within a year. Devlabs focuses on investing in B2B digital companies across various sectors, including agriculture, technology, health, food chain, education, finance, logistics, energy, and tourism. The firm primarily targets startups in southern Chile and employs a flexible investment strategy, committing between 30 million and 200 million pesos. Additionally, it engages with outlier entrepreneurs, aiming to support their growth by providing not just capital but also strategic partnerships to enhance customer reach and product development.

jose d lopez

Co-Founder

Barni Qaasim

Partner

Past deals in Chile

Maxxa

Venture Round in 2022
Maxxa is a financial services firm based in Santiago, Chile, focused on creating tailored financial products for small and medium-sized businesses (SMBs). With a commitment to addressing the challenges posed by traditional banking institutions, Maxxa offers a range of services, including credit lines, guarantees, working capital, company accounts, and cards. The firm has successfully served over 26,000 SMB customers and has taken on more than $1.3 billion in credit risk, demonstrating its capacity to support the financial needs of its clients. Maxxa is recognized for its high customer satisfaction, achieving a world-class Net Promoter Score of 82, reflecting its dedication to delivering effective financial solutions for SMB founders.

Colektia

Series A in 2021
Colektia is a digital collection management company based in Santiago, Chile, founded in 2018. It specializes in providing a platform that leverages artificial intelligence to help financial institutions optimize their communication strategies with debtors. The platform predicts the most effective times, frequencies, and channels for contact, enhancing the efficiency of debt collection processes. It offers a range of services, including real-time analytics, omnichannel management, and automated strategies, allowing users to manage payments, refinance, and schedule payment promises through various digital channels like WhatsApp and Facebook. By utilizing predictive models during key stages of the collection process, Colektia aims to improve the effectiveness of debt recovery while minimizing the need for human intervention. The company serves diverse sectors, including banking, retail, fintech, insurance, and telecommunications.

ERPyme

Venture Round in 2021
ERPyme is a developer of ERP software aimed at small and medium-sized businesses (SMBs) in Latin America, with its headquarters in Temuco, Chile. The company focuses on democratizing access to essential management tools, offering free software, business intelligence solutions, and financial education to help small businesses thrive. By addressing the challenges faced by SMBs, ERPyme aims to reduce the mortality rate of these enterprises in the region. Currently, the company operates in stealth mode, indicating that it is in the process of refining its offerings before a public launch.

Colektia

Funding Round in 2019
Colektia is a digital collection management company based in Santiago, Chile, founded in 2018. It specializes in providing a platform that leverages artificial intelligence to help financial institutions optimize their communication strategies with debtors. The platform predicts the most effective times, frequencies, and channels for contact, enhancing the efficiency of debt collection processes. It offers a range of services, including real-time analytics, omnichannel management, and automated strategies, allowing users to manage payments, refinance, and schedule payment promises through various digital channels like WhatsApp and Facebook. By utilizing predictive models during key stages of the collection process, Colektia aims to improve the effectiveness of debt recovery while minimizing the need for human intervention. The company serves diverse sectors, including banking, retail, fintech, insurance, and telecommunications.

ERPyme

Pre Seed Round in 2019
ERPyme is a developer of ERP software aimed at small and medium-sized businesses (SMBs) in Latin America, with its headquarters in Temuco, Chile. The company focuses on democratizing access to essential management tools, offering free software, business intelligence solutions, and financial education to help small businesses thrive. By addressing the challenges faced by SMBs, ERPyme aims to reduce the mortality rate of these enterprises in the region. Currently, the company operates in stealth mode, indicating that it is in the process of refining its offerings before a public launch.

Colektia

Pre Seed Round in 2018
Colektia is a digital collection management company based in Santiago, Chile, founded in 2018. It specializes in providing a platform that leverages artificial intelligence to help financial institutions optimize their communication strategies with debtors. The platform predicts the most effective times, frequencies, and channels for contact, enhancing the efficiency of debt collection processes. It offers a range of services, including real-time analytics, omnichannel management, and automated strategies, allowing users to manage payments, refinance, and schedule payment promises through various digital channels like WhatsApp and Facebook. By utilizing predictive models during key stages of the collection process, Colektia aims to improve the effectiveness of debt recovery while minimizing the need for human intervention. The company serves diverse sectors, including banking, retail, fintech, insurance, and telecommunications.

Kushki

Series A in 2018
Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.
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