Tuto Assad

Managing Partner

10 past transactions

Vitau

Seed Round in 2019
VITAU MEDICAL, S.A.P.I. DE C.V. operates an online subscription pharmacy for patients with chronic diseases. The company allow users to choose products and quantity they need, share address and payment method, and receive products. VITAU MEDICAL, S.A.P.I. DE C.V. was founded in 2019 and is based in Monterrey, Mexico.

Skysset

Seed Round in 2016
Skysset provides an enterprise software-as-a-service for operators managing bulk materials such as scrap metal and construction aggregates. Skysset's data platform provides and accurate and intuitive method to quantify bulk inventory levels and create detailed reports efficiently.

WOOM

Seed Round in 2018
WOOM is AI for Reproductive Health. Our vision is women’s health, empowering users to make the right decisions about their reproductive health. 17 to 25% of couples experience a challenge with fertility. Both female founders faced it and why they left Google and eBay to launch WOOM. WOOM is an easy, unique and personal experience. Besides the personal recommendations, WOOM calculates daily chances of pregnancy, cycles calendar; and users receive support through an engaged community and a fertility services platform. Our first product is trying to conceive and we are moving into other women's health stage.

BEWE (formerly miora)

Series A in 2018
Founded in 2016 and launched in five countries — Spain, Mexico, Colombia, Peru and Chile — BEWE operates a SaaS platform for beauty & wellness centers.

CuidaMiMascota

Seed Round in 2017
In Cuidamimascota.com, pet owners can navigate through hundreds of pet sitters near them and see their qualifications, rates, services provided, home photos, customer reviews and more. The owner selects the sitter and books online. Sitters treats the guest like family while his owner is away. We have a strict no cage rule, a premium insurance that protects the guest and sitter, and a photo and video update policy.

Grupo Promesa

Seed Round in 2017
Promoting a better social and environmental surroundings, PROMISE, is a 100% Mexican company that arises from the need to strengthen corporate and institutional social and environmental responsibility in the country, while developing sustainable strategies and campaigns for companies, society and nature can coexist in harmony.

Mystro

Seed Round in 2017
Mystro is an automation app that makes on-demand drivers 30% more money. The app allows drivers to safely and easily run Uber, Lyft and other platforms simultaneously and auto accepts only the trips they want.

Tpaga

Convertible Note in 2017
Tpaga is a mobile wallet for unbanked consumers in Latin America. Currently in Colombia and Mexico. In Latin America, more than 50% do not have credit cards or bank accounts, but what they do have is a cellphone. Tpaga allows consumers to store money via cash kiosk ( 4,000 in our network) and then use it to pay utility bills, cell phone top-up, supermarket and even gas station merchants. We have become the first mobile wallet in Latin America to allow consumers to pay groceries without having a bank account, and allowing unbanked commerces to start receiving payment without have POS systems.

Wright Electric, Inc.

Seed Round in 2016
Wright Electric, Inc. is building technologies for large commercial airplanes. The company is currently developing their flagship Airplane, the Wright 1, which will be a 186-seat single aisle airliner with an 800 mile range. The company hopes to achieve entry to service for the Wright 1 by 2030 and is working with commercial airlines including easyJet and VivaAerobus. In addition to the newly announced U.S. DOE’s ARPA-E funding, the company is funded by Y Combinator, the Clean Energy Trust and venture funds.

InstaFit

Seed Round in 2017
INSTAFIT is an online fitness startup based in Mexico City and co-founded by international entrepreneurs Oswaldo Trava and Natalia Amaya. We make it exciting to work out from home by offering on-demand audio & video fitness classes that combine the guidance of a professional trainer, intelligent programming and fun social interactions to create a truly engaging experience for our users. We make it possible to get professional fitness training from top coaches without leaving your home for less than half the price of the cheapest gym. We produce awesome long format workouts led by the world’s best trainers from yoga to functional training to treadmill workouts, with new content published every week and available offline for unparalleled flexibility The InstaFit app was launched in late 2016 and has paying users in 37 countries. It has a 4.4 star rating, is the #1 ranked health and fitness app in 15 countries, and was selected as best of 2016 by Apple. The company attacks the region´s most important health issue, obesity, through the use of world class technology, creative marketing and lean startup practices in an internet market with a 5 year CAGR of over 30%.