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.