Polymath Ventures

Polymath Ventures is a private equity and venture builder firm focused on creating and investing in businesses that cater to the emerging middle class in Latin America. Established in 2012 and headquartered in Bogotá, Colombia, with additional offices in Mexico, China, and the United States, Polymath specializes in seed investments across various sectors, including diversified financial services, transportation, human resources, entertainment, and hospitality. The firm employs a proprietary business design methodology to develop ventures in-house, followed by the recruitment of founding teams to lead these initiatives. With a record of launching nine ventures and raising over $30 million in equity and debt financing, Polymath remains actively involved in the companies it supports, providing ongoing strategy, operations, and design-thinking assistance throughout their life cycles.

Damián Alcedo

Senior Growth Director

Wenyi Cai

Co-Founder and CEO

Luis Castillo

Principal & COO

Craig Edelman

Partner

Andrew Hallman

Investor

Francisco Paz

Business Design Director

Maria Paula Polchlopek

VP Marketing

Carlos F. de la Pradilla

Founder and CFO

Nicole Pérez

Talent Director

Vélez Giraldo, Simón

Investment Associate

Bravo Rey, Alberto José

Legal Director

Medellin Leon, Santiago

Legal Associate

Correa Ramirez, Juan Ignacio

Business Design Director

Past deals in Colombia

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.

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 that is professionalizing the messy back-end of the taxi transportation industry to give taxi riders, drivers and owners a more secure, professional experience. Táximo hires and trains all of its drivers, and maintains and monitors its fleet, capturing efficiencies and delivering a fixed return to taxi owners.

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 that is professionalizing the messy back-end of the taxi transportation industry to give taxi riders, drivers and owners a more secure, professional experience. Táximo hires and trains all of its drivers, and maintains and monitors its fleet, capturing efficiencies and delivering a fixed return to taxi owners.