Palm Drive Capital

Palm Drive Capital LLC is a New York-based venture capital firm established in 2014 that specializes in early-stage and growth capital investments. The firm focuses on deep technology and enterprise software companies, with interests spanning software as a service, artificial intelligence, fintech, and e-commerce sectors. While primarily active on the West Coast, Palm Drive Capital also engages in emerging tech hubs across the Northeast, Midwest, and South of the United States. With a commitment to partnering with entrepreneurs, the firm aims to support the growth of technology firms that collectively represent significant market capital. Additionally, Palm Drive Capital operates an office in Miami, Florida, further extending its reach within the U.S. tech landscape.

Catherine Cai

Partner

Seamon Chan

Co-Founder & Partner

Nick Hsu

Managing Partner

Hendrick Lee

Co-Founder and Managing Partner

Henry Woram

VP

Past deals in Andes

MUY

Venture Round in 2022
RobinFood is an operator of a chain of restaurants used to provide access to quality and affordable homemade food. Its restaurants leverage its own technology through which customizable orders could be placed by choosing various dishes based on their features and nutrients through a touch screen that enables customers to receive a meal in less than five minutes after ordering. RobinFood was founded in 2018 and is headquartered in Bogotá, Colombia.

Merqueo

Series C in 2021
Merqueo is an online grocery delivery service based in Bogota, Colombia, founded in 2015. The company operates a digital platform where customers can browse and purchase a wide range of grocery items from their favorite brands. With a focus on convenience, Merqueo allows customers to pay using various methods and ensures that orders are delivered directly to their doorsteps. This service caters to the growing demand for accessible and efficient grocery shopping solutions in Colombia.

MUY

Venture Round in 2021
RobinFood is an operator of a chain of restaurants used to provide access to quality and affordable homemade food. Its restaurants leverage its own technology through which customizable orders could be placed by choosing various dishes based on their features and nutrients through a touch screen that enables customers to receive a meal in less than five minutes after ordering. RobinFood was founded in 2018 and is headquartered in Bogotá, Colombia.

LAIKA

Seed Round in 2020
LAIKA is like a dog with two tails right now. Its platform for pet products and services has been growing in recent months and it’s drawn the necessary investment to keep up its momentum. LAIKA built a digital platform where users don’t have to go anywhere else to meet said needs. With two main sections; products and services. In the products section, we have more than 4,000 references (among which you can find most of the brands of food, snacks, medicines, accessories and others). In the services section, we have more than 17 services, all the healthcare, beauty and entertainment services. All of the above delivered straight to your home and with the flexibility of choosing the date and time on and at which you wish to receive the order, including same-day deliveries for the main cities and accepting all payment methods, both online and cash on delivery.

MUY

Series B in 2019
RobinFood is an operator of a chain of restaurants used to provide access to quality and affordable homemade food. Its restaurants leverage its own technology through which customizable orders could be placed by choosing various dishes based on their features and nutrients through a touch screen that enables customers to receive a meal in less than five minutes after ordering. RobinFood was founded in 2018 and is headquartered in Bogotá, Colombia.

Merqueo

Series A in 2019
Merqueo is an online grocery delivery service based in Bogota, Colombia, founded in 2015. The company operates a digital platform where customers can browse and purchase a wide range of grocery items from their favorite brands. With a focus on convenience, Merqueo allows customers to pay using various methods and ensures that orders are delivered directly to their doorsteps. This service caters to the growing demand for accessible and efficient grocery shopping solutions in Colombia.

Lentesplus

Series C in 2018
Lentesplus.com is a prominent e-commerce platform that specializes in the sale of contact lenses, transforming the Latin American market by offering competitive prices that are typically 20% to 30% lower than industry standards. The company operates in Colombia, Mexico, Chile, and Argentina, focusing on delivering a seamless shopping experience. Customers can easily order contact lenses and, in many cases, receive their products on the same day. Lentesplus also emphasizes customer service by simplifying the reordering process to just two clicks. Additionally, the platform assists customers in obtaining accurate visual exams from specialists to ensure the correct fit and specifications of their lenses, thereby enhancing the overall shopping experience.

Rappi

Seed Round in 2016
Rappi S.A.S. is an online delivery platform that offers a variety of services, including food, grocery, and clothing delivery. Founded in 2015 and headquartered in Bogotá, Colombia, the company operates in several Latin American countries, including Argentina, Brazil, Chile, Mexico, Peru, and Uruguay. Rappi connects consumers with independent contractors who fulfill their orders, making it a versatile choice for those seeking convenience in their shopping needs. The platform has gained popularity for its ability to deliver a wide range of products quickly and efficiently.