DILA Capital

DILA Capital is a Mexico City-based venture capital firm established in 2005, specializing in early-stage investments across various sectors, including consumer goods, energy, technology, software, and commercial services. The firm aims to support the growth of Mexican entrepreneurs and startup companies by providing equity investments, debt financing, and strategic guidance. DILA Capital leverages its extensive network of entrepreneurs, deep understanding of the Mexican market, and the experience of its partners to add value to the businesses it invests in.

Joaquín Abal

Vice President

Ryan Albert

Associate

Alejandro Barroso

Founding Partner

Alejandro Chávez

Senior Associate

Eduardo Clave

Founding Partner

John Farrell

Venture Partner

48 past transactions

Pacto

Seed Round in 2023
Pacto is a point of sale (POS) software and payments company dedicated to making digital commerce accessible for the merchants of Latin America. Pacto builds tools and technology to empower merchants to move beyond cash payments and accelerate growth in their digital business. Headquartered in the US, Pacto has an office in Mexico City.

Kushki

Series B in 2022
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

HENRY

Series A in 2022
Henry trains software developers for free and helps them find a job in exchange for a share of their future income. The company is based in Buenos Aires, Argentina.

Mezubo

Seed Round in 2022
Mezubo a fintech focused on loans for the purchase of used cars. They offer competitive rates and support throughout the process, using digital tools.

YoCripto

Seed Round in 2022
YoCripto is the first digital platform in Latin America to offer a credit card with Bitcoin Rewards of up to 3% on every purchase. YoCripto users get a virtual and a physical credit card for free, which can be used worldwide. Users can enjoy unique benefits: -The possibility of receiving Bitcoin Rewards on every purchase. -Access to one of the lowest interest rates in the market. -The possibility of instant credit approval and choice of credit limit, based on internal policy rules. YoCripto's products are designed to cater to the young and underbanked sectors of the population, offering access to affordable credit with the benefits of the crypto ecosystem, but without its complexity. YoCripto's goal is to bring financial freedom and inclusion to Latin Americans by uniting the ecosystems of traditional finance and crypto technology without exposing them to their complexity.

Fairplay

Series A in 2022
Fairplay is a performance-based financing platform that supports and helps e-Commerce companies to grow by advancing revenue for marketing spend. It offers funding in exchange for a steady share of revenues until the capital is paid back plus a flat fee. Fairplay was founded in 2019 and is headquartered in Mexico City.

Slang

Series A in 2021
Slang use a proprietary ML-driven engine and offers an unprecedented variety of online specialized English courses for career development. Slang started at MIT as a research project on how to use AI and NLP to make learning a new language as efficient as possible. Their technology powers a highly adaptive e-learning platform that offers proficiency tests for career development in over a hundred fields like Sales, Finance, Logistics, Medicine, and Law. They already have the largest professional English offering in the world. Now, Slang is scaling up to release 1,000 more courses over the next three years.

Incode

Series B in 2021
Incode Technologies Inc. is a digital identity company specializing in biometric identity solutions that enhance customer experiences across banking, payments, hospitality, and retail sectors. The company has developed Incode Omni, an omnichannel platform that leverages artificial intelligence to provide secure identity verification through facial recognition and government-issued IDs. Its product suite includes Incode Hello, a chat and video conference solution; Incode Welcome, for applying for bank accounts or credit cards; Incode Facepay, a facial recognition payment system; Incode Talk, for app authentication; and Incode Greet. Founded in 2015 and headquartered in San Francisco, Incode operates globally, with additional offices in Europe and Latin America. The company is recognized for its enterprise-grade facial recognition capabilities and serves some of the world's largest banks, financial institutions, and retailers, setting a high standard for convenience and security in digital identity verification.

Ben & Frank

Venture Round in 2021
Ben & Frank provides an online optical store intended to disrupt the traditional optical market. Its portal offers fashionable glasses of various types such as anti-reflective, polycarbonate, anti-scratch, polarized, and UV resistant glasses as well as vision testing system, enabling consumers to have access to affordable glasses.

Crehana

Series B in 2021
Crehana is an online training platform based in Lima, Peru, aimed at creative and digital professionals in Latin America and Spain. Founded in 2015, it offers over 500 courses covering a range of subjects including Design, Coding, Illustration, Photography, and Audiovisuals. The platform focuses on affordable, project-based learning, enabling users to acquire practical skills that align with their professional aspirations. Crehana's mission is to empower individuals to achieve their career goals through accessible online education, thereby redefining traditional learning paradigms in the creative sector.

Quinio

Seed Round in 2021
Provider of brand acquisition and development services intended to grow and expand brand value. The company acquires and builds exceptional e-commerce brands with quality products through search engine optimization, portfolio administration, marketing, logistics, finance, and operations management services and provides development services, working capital, and operational efficiencies, enabling clients to list and sell products and generate profits.

Moons

Series A in 2021
Moons is a health, wellness, and fitness company that offers dental services. Its services feature a new way to straighten teeth without using braces by providing transparent aligners. they create a 3D model of teeth, then, one of their specialists will design treatment. The company was founded in 2019 and headquartered in Mexico City, Distrito Federal.

Kushki

Series B in 2021
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

Kushki

Series B in 2021
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

Incode

Series A in 2021
Incode Technologies Inc. is a digital identity company specializing in biometric identity solutions that enhance customer experiences across banking, payments, hospitality, and retail sectors. The company has developed Incode Omni, an omnichannel platform that leverages artificial intelligence to provide secure identity verification through facial recognition and government-issued IDs. Its product suite includes Incode Hello, a chat and video conference solution; Incode Welcome, for applying for bank accounts or credit cards; Incode Facepay, a facial recognition payment system; Incode Talk, for app authentication; and Incode Greet. Founded in 2015 and headquartered in San Francisco, Incode operates globally, with additional offices in Europe and Latin America. The company is recognized for its enterprise-grade facial recognition capabilities and serves some of the world's largest banks, financial institutions, and retailers, setting a high standard for convenience and security in digital identity verification.

Crehana

Venture Round in 2020
Crehana is an online training platform based in Lima, Peru, aimed at creative and digital professionals in Latin America and Spain. Founded in 2015, it offers over 500 courses covering a range of subjects including Design, Coding, Illustration, Photography, and Audiovisuals. The platform focuses on affordable, project-based learning, enabling users to acquire practical skills that align with their professional aspirations. Crehana's mission is to empower individuals to achieve their career goals through accessible online education, thereby redefining traditional learning paradigms in the creative sector.

Kushki

Series A in 2020
Kushki is a payment platform specifically designed for the Latin American market, enabling seamless integration and local pricing strategies. Founded in New York City in 2016 by entrepreneurs Aron Schwarzkopf and Sebastian Castro, Kushki connects various payment methods across the region, including credit and debit cards, bank transfers, and cash networks, utilizing over 300,000 physical payment points. The platform offers a comprehensive suite of solutions for e-commerce, mobile commerce, and physical retail, featuring services such as a payment box, recurring payments, smart links, and tokenization. By standardizing the fragmented payment landscape, Kushki enhances operational efficiency, reduces costs, and provides businesses with greater control and transparency in managing their digital payment processes. The company operates in multiple countries, including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada.

BYHOURS

Venture Round in 2020
BYHOURS Travel SL operates an innovative online platform that enables users to book hotel rooms for short stays, known as microstays, in increments of 3, 6, or 12 hours. Founded in March 2012 and based in Barcelona, Spain, BYHOURS provides travelers with the flexibility to choose their arrival and departure times, catering to various needs and schedules. The platform covers a wide range of locations including major cities in Spain, the United Kingdom, France, and Portugal, and partners with over 2,500 hotels across Europe, Latin America, and select cities in the Middle East. This unique business model not only enhances the travel experience for users but also allows hotels to optimize their resources and increase revenue by monetizing unused capacity.

Resuelve tu Deuda

Venture Round in 2020
Resuelve tu Deuda was founded by Javier Velasquez and Juan Pablo Zorrilla, who found a new alternative to solve the problem of over-indebtedness in Mexico. The idea was born while they were pursuing a master's degree in business at Stanford University (California, USA) and after several months of hard work in September 2009 they began their operations to become the first credit repair company in Mexico. Resuelve emerges as a company capable of resolving the unpayable debts of thousands of Mexicans who were victims of over-indebtedness registered between the years 2002 to 2009. In Resuelve we understand the great need of Mexicans to have a reliable advisor to help them solve their financial problems . At the same time, we are able to repair the past due loans of banks, which has suffered a great deterioration in recent years.

Someone Somewhere

Venture Round in 2020
Someone Somewhere is a lifestyle brand on a mission to get millions of artisans out of poverty. Combining traditional embroidery with fresh products aimed at the millennial market, Someone Somewhere is a digitally native vertical brand that provides employment to artisans in Mexico’s poorest villages.

Incode

Seed Round in 2019
Incode Technologies Inc. is a digital identity company specializing in biometric identity solutions that enhance customer experiences across banking, payments, hospitality, and retail sectors. The company has developed Incode Omni, an omnichannel platform that leverages artificial intelligence to provide secure identity verification through facial recognition and government-issued IDs. Its product suite includes Incode Hello, a chat and video conference solution; Incode Welcome, for applying for bank accounts or credit cards; Incode Facepay, a facial recognition payment system; Incode Talk, for app authentication; and Incode Greet. Founded in 2015 and headquartered in San Francisco, Incode operates globally, with additional offices in Europe and Latin America. The company is recognized for its enterprise-grade facial recognition capabilities and serves some of the world's largest banks, financial institutions, and retailers, setting a high standard for convenience and security in digital identity verification.

Urbvan

Series A in 2019
Urbvan is an app-based mass transit mobility network that focuses on improving inner-city commuting in Latin America. Founded in 2016, the company provides a daily commute transportation system that emphasizes safety, comfort, and efficiency. Urbvan operates a network of express routes with no intermediary stops, offering strategically selected pickup and drop-off locations. Users benefit from professional chauffeurs, comfortable seating, Wi-Fi access, and charging ports for electronic devices, all designed to enhance their commuting experience. By leveraging technology, Urbvan aims to minimize travel times and streamline daily routines for its users.

Alana

Seed Round in 2019
Alana operates an online job marketplace focused on the blue-collar sector, particularly in the hospitality and retail industries in Latin America. Founded in 2016 and headquartered in Ciudad de México, the company provides a web and mobile application that connects companies with suitable candidates. Alana enhances the recruiting process by utilizing a chatbot for streamlined communication and an automated internal agenda for scheduling interviews. Additionally, the platform generates live reports that enable companies to monitor key human resources metrics, such as time spent on recruitment, employee turnover rates, and staff satisfaction. By addressing the challenges of employee turnover and inefficiencies in hiring, Alana aims to improve the overall recruiting experience for both employers and job seekers.

Sistema.bio

Series A in 2019
Sistema.bio is a hybrid reactor biodigester that transforms the manure of animals into biogas and a potent, natural fertilizer. By inputting the manure in the system on a daily basis, you will be able to develop and grow your activities on the farm, improve your energy security, and protect the environment. Transforming your animals’ manure into resource will provide you with a better quality of life!

Sistema.bio

Series C in 2019
Sistema.bio is a hybrid reactor biodigester that transforms the manure of animals into biogas and a potent, natural fertilizer. By inputting the manure in the system on a daily basis, you will be able to develop and grow your activities on the farm, improve your energy security, and protect the environment. Transforming your animals’ manure into resource will provide you with a better quality of life!

Emptor

Seed Round in 2019
Emptor is a developer of an automation identity services platform that focuses on enhancing knowledge processes through trusted data from various sources. The company provides an API and validation interface aimed at automating identity and security services, particularly in Latin America. By offering solutions that streamline hiring and identity validation, Emptor enables clients to improve efficiency and accuracy in their operations. The platform is designed to support organizations in managing their identity verification needs at a large scale, ultimately allowing them to perform tasks more effectively than traditional methods.

Crehana

Series A in 2019
Crehana is an online training platform based in Lima, Peru, aimed at creative and digital professionals in Latin America and Spain. Founded in 2015, it offers over 500 courses covering a range of subjects including Design, Coding, Illustration, Photography, and Audiovisuals. The platform focuses on affordable, project-based learning, enabling users to acquire practical skills that align with their professional aspirations. Crehana's mission is to empower individuals to achieve their career goals through accessible online education, thereby redefining traditional learning paradigms in the creative sector.

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.

Camino Financial

Convertible Note in 2018
Camino Financial, Inc. is a financial technology platform that focuses on providing affordable credit and financial services specifically for U.S. Latinx businesses. Founded in 2014 and headquartered in Los Angeles, the company utilizes proprietary artificial intelligence and machine learning models to offer tailored funding solutions, including microloans ranging from $5,000 to $75,000. These loans are designed to support cash-based microenterprises and often feature monthly payments significantly lower than traditional credit products. Camino Financial also assists clients in accessing various funding options such as term loans, SBA express loans, and merchant cash advances, while offering credit analytics and technical assistance. The company aims to enhance financial accessibility for its clients through an omnichannel approach, leveraging online platforms and corporate partnerships to strengthen its distribution networks within the Latinx community.

Dvdendo

Series A in 2018
Dvdendo makes investing as easy as spending. To become an investor and Dvdendo member, sign up from your smartphone, link your bank account and the debit or credit card you use most frequently, and then sit back as our service automatically invests a small portion of your daily expenditures in a portfolio of thousands of stocks and bonds. Becoming an investor is easy and should be available to everyone. With Dvdendo you can own a piece of the world's greatest companies with just $5.

Kinedu

Series A in 2018
Kinedu SAPI de CV is a company based in Monterrey, Mexico, founded in 2013. It has developed an application that offers fun and age-appropriate daily activity ideas for parents to engage with their young children. The activities are designed to target key developmental areas, supporting babies in reaching essential milestones in their growth. Kinedu's focus is on providing a resource that enhances early childhood development through interactive and enjoyable experiences for both parents and their little ones.

Ben & Frank

Seed Round in 2018
Ben & Frank provides an online optical store intended to disrupt the traditional optical market. Its portal offers fashionable glasses of various types such as anti-reflective, polycarbonate, anti-scratch, polarized, and UV resistant glasses as well as vision testing system, enabling consumers to have access to affordable glasses.

Urbvan

Convertible Note in 2018
Urbvan is an app-based mass transit mobility network that focuses on improving inner-city commuting in Latin America. Founded in 2016, the company provides a daily commute transportation system that emphasizes safety, comfort, and efficiency. Urbvan operates a network of express routes with no intermediary stops, offering strategically selected pickup and drop-off locations. Users benefit from professional chauffeurs, comfortable seating, Wi-Fi access, and charging ports for electronic devices, all designed to enhance their commuting experience. By leveraging technology, Urbvan aims to minimize travel times and streamline daily routines for its users.

Kinedu

Convertible Note in 2017
Kinedu SAPI de CV is a company based in Monterrey, Mexico, founded in 2013. It has developed an application that offers fun and age-appropriate daily activity ideas for parents to engage with their young children. The activities are designed to target key developmental areas, supporting babies in reaching essential milestones in their growth. Kinedu's focus is on providing a resource that enhances early childhood development through interactive and enjoyable experiences for both parents and their little ones.

Camino Financial

Convertible Note in 2017
Camino Financial, Inc. is a financial technology platform that focuses on providing affordable credit and financial services specifically for U.S. Latinx businesses. Founded in 2014 and headquartered in Los Angeles, the company utilizes proprietary artificial intelligence and machine learning models to offer tailored funding solutions, including microloans ranging from $5,000 to $75,000. These loans are designed to support cash-based microenterprises and often feature monthly payments significantly lower than traditional credit products. Camino Financial also assists clients in accessing various funding options such as term loans, SBA express loans, and merchant cash advances, while offering credit analytics and technical assistance. The company aims to enhance financial accessibility for its clients through an omnichannel approach, leveraging online platforms and corporate partnerships to strengthen its distribution networks within the Latinx community.

Urbvan

Seed Round in 2017
Urbvan is an app-based mass transit mobility network that focuses on improving inner-city commuting in Latin America. Founded in 2016, the company provides a daily commute transportation system that emphasizes safety, comfort, and efficiency. Urbvan operates a network of express routes with no intermediary stops, offering strategically selected pickup and drop-off locations. Users benefit from professional chauffeurs, comfortable seating, Wi-Fi access, and charging ports for electronic devices, all designed to enhance their commuting experience. By leveraging technology, Urbvan aims to minimize travel times and streamline daily routines for its users.

Tu Canton

Venture Round in 2016
Tu Canton is a leading PropTech player developing a real estate full-stack marketplace in Mexico. Through its scalable, tech-first solution the company focuses on helping clients buy and sell their homes in the easiest possible way. Focused on the region's largest economic segments (C-D), the company is using technology to empower those most in need.

iVoy

Seed Round in 2016
iVoy is a digital delivery logistics platform based in Mexico that offers real-time monitoring of deliveries within 90 minutes, catering to both business enterprises and individual users. Established in 2011, iVoy initially operated offline but has since transitioned to online services, leveraging technology through an app and web platform to streamline logistics in densely populated areas like Mexico City and Guadalajara. The company employs a crowdsourcing model, utilizing a network of over 250 motorcyclists who serve as micro-entrepreneurs, thereby generating job opportunities and supporting vulnerable social groups. iVoy aims to revolutionize local deliveries by incorporating GPS technology for real-time tracking, which enhances customer satisfaction and trust. The platform is designed for e-commerce businesses needing same-day delivery solutions, as well as individuals requiring quick collection or dispatch of items. With plans for rapid national and international expansion, iVoy is poised to grow its impact in the logistics sector.

Econduce

Seed Round in 2015
ECONDUCE, S.A.P.I. DE C.V operates as an on demand electronic scooter company. The company offers shared electronic scooter services with a network of charging stations. It also offers mobile application to book scooters online. The company was founded in 2013 and is based in Mexico City, Mexico. As of March 31, 2019, ECONDUCE, S.A.P.I. DE C.V. operates as a subsidiary of Grow Mobility.

Aliada

Seed Round in 2015
Aliada is a marketplace for finding a trusted cleaning professional and improving the working conditions of the domestic service industry. With Aliada, in under one minute, you will be matched with a reference-checked, and quality assured cleaning professional who will leave you a happy and clean home. Aliada makes your life easier, at the same time it helps Mexican women build a better life for themselves. At an affordable price and without contracts or hidden fees, customers will receive a trusted highly rated aliada. For their cleaning professionals, becoming an aliada can be a life changing opportunity. All of their aliadas receive medical insurance, economic incentives, and educational opportunities for their professional and personal advancement. At aliada, their mission is to impact over 2 million domestic workers who work in sub-optimal conditions. They believe that by investing in women who are committed to their own advancement and that of their families, They can do their part to contribute to a better Mexican society.

Tu Canton

Angel Round in 2015
Tu Canton is a leading PropTech player developing a real estate full-stack marketplace in Mexico. Through its scalable, tech-first solution the company focuses on helping clients buy and sell their homes in the easiest possible way. Focused on the region's largest economic segments (C-D), the company is using technology to empower those most in need.

Tu Canton

Venture Round in 2015
Tu Canton is a leading PropTech player developing a real estate full-stack marketplace in Mexico. Through its scalable, tech-first solution the company focuses on helping clients buy and sell their homes in the easiest possible way. Focused on the region's largest economic segments (C-D), the company is using technology to empower those most in need.

Shoe Lovers

Seed Round in 2014
Shoe Lovers, Inc. owns and operates an internet community, Yo Amo los Zapatos, for shoe lovers. The company was founded in 2013 and is based in Mexico City, Mexico.

Tu Canton

Angel Round in 2014
Tu Canton is a leading PropTech player developing a real estate full-stack marketplace in Mexico. Through its scalable, tech-first solution the company focuses on helping clients buy and sell their homes in the easiest possible way. Focused on the region's largest economic segments (C-D), the company is using technology to empower those most in need.

Tu Canton

Seed Round in 2014
Tu Canton is a leading PropTech player developing a real estate full-stack marketplace in Mexico. Through its scalable, tech-first solution the company focuses on helping clients buy and sell their homes in the easiest possible way. Focused on the region's largest economic segments (C-D), the company is using technology to empower those most in need.

Petsy

Venture Round in 2013
Petsy.mx is Mexico's premier petcare e-tailer. It offers a wide selection of products across a broad variety of pet types, helping its customers avoid the hassle of walking to and from the store and the convenience of having the widest assortment of pet supplies in the country right at their fingertips. The company operates daily to offer pets a variety of quality products and an excellent delivery experience directly to a home and at a good price. Petsy.mx was founded on 2013 and is headquartered in Mexico.

Petsy

Series A in 2013
Petsy.mx is Mexico's premier petcare e-tailer. It offers a wide selection of products across a broad variety of pet types, helping its customers avoid the hassle of walking to and from the store and the convenience of having the widest assortment of pet supplies in the country right at their fingertips. The company operates daily to offer pets a variety of quality products and an excellent delivery experience directly to a home and at a good price. Petsy.mx was founded on 2013 and is headquartered in Mexico.

Outlet de Viajes

Seed Round in 2013
Outlet de Viajes is one of the leading e-commerce companies in Mexico, aimed to provide online buyers a unique shopping experience with exclusive deals and special offers from different online shops.
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