Polymath Ventures

Polymath Ventures is a private equity and venture builder firm based in Bogotá, Colombia, with additional offices in Mexico City, China, and the United States. Established in 2012, the firm focuses on creating and investing in high-impact ventures tailored for the emerging middle class in Latin America, including Central and South America. Polymath specializes in seed investments across various sectors, such as diversified financial services, transportation, human resources, entertainment, and hospitality. The firm employs a proprietary business design methodology to develop new ventures in-house, subsequently recruiting founding teams to lead them. It remains actively involved in these companies, providing ongoing support in strategy, operations, and design-thinking methodologies. To date, Polymath has launched multiple ventures and raised over $30 million in equity and debt financing.

Berta Argente

Investment Analyst

Wenyi Cai

Co-Founder and CEO

Francisco Correa

Investment Associate

Craig Edelman

Partner

Jorge García-Luengo

Principal

Andrew Hallman

Principal

Raphael Kromer

Investor

Peter Ostroske

General Partner

Damián Overbosch

Managing Director

16 past transactions

Pacto

Seed Round in 2023
Pacto is a point of sale (POS) software and payments company focused on enhancing digital commerce for merchants in Latin America. With its headquarters in the United States and an office in Mexico City, Pacto develops tools and technology that enable merchants to transition from cash payments to more efficient digital solutions. The company's platform is designed specifically for the restaurant industry, providing features such as an all-in-one payment integration, a user-friendly interface, automatic reconciliation at payment time, and mobile order and payment capabilities. By offering these services, Pacto helps restaurants optimize their daily operations and accelerate their business growth.

Tani

Pre Seed Round in 2022
Tani Salud is a platform that provides quality care and transparent surgery prices for the middle class in Latin America. The company is based in Mexico City.

Autolab

Seed Round in 2021
Autolab, founded in 2014 and headquartered in Bogotá, Colombia, provides a comprehensive solution for vehicle repair services in Latin America. The company addresses the challenges car owners face by offering a superior alternative to traditional dealerships and informal repair shops. Autolab operates a digital mechanics platform that connects customers with expert auto repair super-centers, ensuring high-quality service and customer care at competitive prices. The platform facilitates a wide range of services, including general maintenance, electrical work, bodywork, and painting, thereby enabling car owners to access reliable and affordable repairs without compromising on quality.

Aflore

Venture Round in 2021
Aflore is a financial services company empowering the un-banked of Colombia (65% of the population) to achieve financial goals. Aflore identifies and partners with trusted financial advisors within communities and mobilizes them with support and tools to distribute loans and financial products within their networks.

Elenas

Seed Round in 2020
Elenas is Latin America's top social commerce platform. Our platform has empowered tens of thousands of women across Colombia to launch online businesses and earn extra income by selling products on WhatsApp, Facebook and other social media sites. Currently, 11 million women across Latin America sell consumer good products through direct sales catalogs and door-to-door sales. Elenas provides a digital solution for them to start an online store, manage clients, and grow their business from home, without having to worry about product sourcing, delivery, or payment collection.

Livly

Seed Round in 2019
Livly connects customers with local merchants and their products. Livly started as a platform to connect customers and local restaurants. We brought customers through the door with tailored offers in our app. Now we also produce food on behalf of restaurants for takeaway only.

Aflore

Convertible Note in 2019
Aflore is a financial services company empowering the un-banked of Colombia (65% of the population) to achieve financial goals. Aflore identifies and partners with trusted financial advisors within communities and mobilizes them with support and tools to distribute loans and financial products within their networks.

VincuVentas

Seed Round in 2019
VincuVentas' platform disrupts recruitment in emerging markets through the use of data & algorithms. Our algorithm NEXO finds top matches and invites them to apply, delivering candidates that are interesting & interested. NEXO currently delivers 30 highly matched profiles per position, increasing acceptance rate from <5% to 35%.

Elenas

Pre Seed Round in 2018
Elenas is Latin America's top social commerce platform. Our platform has empowered tens of thousands of women across Colombia to launch online businesses and earn extra income by selling products on WhatsApp, Facebook and other social media sites. Currently, 11 million women across Latin America sell consumer good products through direct sales catalogs and door-to-door sales. Elenas provides a digital solution for them to start an online store, manage clients, and grow their business from home, without having to worry about product sourcing, delivery, or payment collection.

Táximo

Series B in 2017
Táximo is a taxi administration company operating in Colombia, with its headquarters in Bogotá and additional offices in Barranquilla, Cartagena, and Lima, Peru. Formerly known as MiTaxi, the company focuses on enhancing the taxi transportation industry by providing a more secure and professional experience for riders, drivers, and taxi owners. Táximo employs and trains its drivers while managing and monitoring its fleet to ensure quality service. By streamlining operations, the company aims to capture efficiencies and deliver consistent returns to taxi owners, thereby professionalizing the often disorganized back-end of the industry.

Autolab

Series A in 2017
Autolab, founded in 2014 and headquartered in Bogotá, Colombia, provides a comprehensive solution for vehicle repair services in Latin America. The company addresses the challenges car owners face by offering a superior alternative to traditional dealerships and informal repair shops. Autolab operates a digital mechanics platform that connects customers with expert auto repair super-centers, ensuring high-quality service and customer care at competitive prices. The platform facilitates a wide range of services, including general maintenance, electrical work, bodywork, and painting, thereby enabling car owners to access reliable and affordable repairs without compromising on quality.

VincuVentas

Seed Round in 2016
VincuVentas' platform disrupts recruitment in emerging markets through the use of data & algorithms. Our algorithm NEXO finds top matches and invites them to apply, delivering candidates that are interesting & interested. NEXO currently delivers 30 highly matched profiles per position, increasing acceptance rate from <5% to 35%.

VincuVentas

Pre Seed Round in 2014
VincuVentas' platform disrupts recruitment in emerging markets through the use of data & algorithms. Our algorithm NEXO finds top matches and invites them to apply, delivering candidates that are interesting & interested. NEXO currently delivers 30 highly matched profiles per position, increasing acceptance rate from <5% to 35%.

Autolab

Pre Seed Round in 2014
Autolab, founded in 2014 and headquartered in Bogotá, Colombia, provides a comprehensive solution for vehicle repair services in Latin America. The company addresses the challenges car owners face by offering a superior alternative to traditional dealerships and informal repair shops. Autolab operates a digital mechanics platform that connects customers with expert auto repair super-centers, ensuring high-quality service and customer care at competitive prices. The platform facilitates a wide range of services, including general maintenance, electrical work, bodywork, and painting, thereby enabling car owners to access reliable and affordable repairs without compromising on quality.

Aflore

Pre Seed Round in 2013
Aflore is a financial services company empowering the un-banked of Colombia (65% of the population) to achieve financial goals. Aflore identifies and partners with trusted financial advisors within communities and mobilizes them with support and tools to distribute loans and financial products within their networks.

Táximo

Pre Seed Round in 2013
Táximo is a taxi administration company operating in Colombia, with its headquarters in Bogotá and additional offices in Barranquilla, Cartagena, and Lima, Peru. Formerly known as MiTaxi, the company focuses on enhancing the taxi transportation industry by providing a more secure and professional experience for riders, drivers, and taxi owners. Táximo employs and trains its drivers while managing and monitoring its fleet to ensure quality service. By streamlining operations, the company aims to capture efficiencies and deliver consistent returns to taxi owners, thereby professionalizing the often disorganized back-end of the industry.
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