Endeavor Global

Endeavor is a non-profit organization dedicated to supporting high-impact entrepreneurs worldwide to foster long-term economic growth. Founded in 1997 and headquartered in New York City, Endeavor operates in over 25 countries, including regions in Latin America, the Middle East, Africa, and Southeast Asia. The organization offers specialized mentorship, networking opportunities, and capital-raising support to innovative entrepreneurs, helping them scale their businesses and create jobs. Endeavor Catalyst, its venture capital arm established in 2012, focuses on investing in startups and growth equity across various sectors, such as agriculture, fintech, and healthcare. It primarily targets companies with revenues between $0.5 million and $15 million, seeking to take minority stakes and co-invest in significant financing rounds. Through these initiatives, Endeavor aims to catalyze economic transformation by empowering entrepreneurs in developing regions.

Jackie Carmel

Managing Director

Aya Darwazeh

Associate

Maria Angelica Enriquez

Investor

Raffaele Mauro

Managing Director - Italy

Margaret Pollack

Investor

Allen Taylor

VP of Global Network

Past deals in Mexico

Klar

Series C in 2022
Klar is a fintech company founded in 2018 in Mexico City, offering a mobile app and a debit card that functions similarly to a credit card. Users benefit from a straightforward cash-back system, earning up to 4% on purchases without complicated points or expiration issues. The Klar card allows clients to send and receive payments instantly to their Klar accounts and other banks, enhancing its utility as a financial tool. The mobile app provides real-time tracking of all transactions, ensuring users have a clear view of their financial activities. Klar aims to provide secure and cost-effective alternatives to traditional banking services, catering specifically to the needs of Mexican customers.

Nowports

Series C in 2022
Nowports is a digital freight forwarder that enhances the import and export process for businesses and individuals. The platform enables users to manage their shipments in real time, providing features such as instant quotes, product registration, and shipment booking from any port. By leveraging artificial intelligence, Nowports simplifies the logistics involved in freight transportation, ensuring a secure and transparent experience. Additionally, the platform offers real-time tracking of cargo, allowing users to monitor their shipments conveniently and affordably, effectively merging technology with supply chain management.

NovoPayment

Series A in 2022
NovoPayment Inc. operates a cloud-based platform that provides financial and transactional services, specializing in Banking-as-a-Service solutions. The company offers mass payout and cash-in services, alongside a White-Label Platform-as-a-Service and open banking/API offerings tailored for banks and financial institutions. Founded in 2004 and based in Miami, Florida, NovoPayment has expanded its presence with offices in Mexico City, Bogota, Lima, and Quito. Its platform supports a diverse range of financial service use cases across multiple countries and currencies, boasting over 72 deployments and reaching more than 2.5 million end users. NovoPayment's innovative contributions to digital transformation have been recognized with awards for customer experience and disruptive innovation in financial services, underscoring its commitment to enhancing banking operations in the Americas.

Klar

Series B in 2022
Klar is a fintech company founded in 2018 in Mexico City, offering a mobile app and a debit card that functions similarly to a credit card. Users benefit from a straightforward cash-back system, earning up to 4% on purchases without complicated points or expiration issues. The Klar card allows clients to send and receive payments instantly to their Klar accounts and other banks, enhancing its utility as a financial tool. The mobile app provides real-time tracking of all transactions, ensuring users have a clear view of their financial activities. Klar aims to provide secure and cost-effective alternatives to traditional banking services, catering specifically to the needs of Mexican customers.

Job&talent

Series E in 2021
Job&Talent operates as an on-demand staffing marketplace designed to enhance the flexibility and transparency of the labor market. The platform addresses the growing demand from companies for adaptable hiring solutions while simultaneously working to reduce global unemployment. As the labor market shifts towards greater flexibility, workers often find themselves in precarious employment situations. Job&Talent offers a Workforce as a Service (WaaS) model that aims to create a mutually beneficial environment for both employers and employees. The company has established a presence in several countries, including the UK, Spain, Germany, Sweden, Mexico, and Colombia, with plans for expansion into France and Italy.

Chiper

Series B in 2021
Chiper is a leading e-commerce platform in Latin America that supports corner stores in Colombia and Mexico, boasting a customer base of over 3,000. The platform enhances the supply chain by allowing these stores to connect directly with producers, thereby eliminating intermediaries and enabling access to a wide variety of products, including groceries, frozen foods, and dairy items. By leveraging a demand-driven logistics system, Chiper optimizes the performance of its member stores and delivers an efficient shopping experience. This innovative approach positions Chiper as a significant player in the region's retail landscape, empowering small businesses to thrive in a competitive environment.

Wonder Brands

Seed Round in 2021
Wonder Brands is a Latin American startup focused on partnering with successful digital brands to enhance their growth potential. The company achieves this by injecting substantial investments into its partner brands, thereby increasing their working capital, marketing capabilities, and operational resources. In addition to financial support, Wonder Brands provides expertise in areas such as technology, digital marketing, supply chain management, and administration. This comprehensive approach allows clients to better respond to consumer needs while diversifying their product offerings and expanding their target audiences. Through these strategic partnerships, Wonder Brands aims to foster significant growth for the brands it collaborates with.

Luuna

Series B in 2021
Luuna is a Mexico City based sleep company that is changing the way bedding products are bought and distributed across Mexico by pionnering to direct-to-consumer model. They have developed one innovative and unique mattress, proudly produced in Mexico. Leveraging a 95% vertical integration in their production process, they are able to deliver a ultra-premium product at a reasonable price Luuna is currently one of fastest growing e-commerce companies in Mexico and is pioneering the direct-to-consumer model. The company is interested in hearing from ambitious talent with a special focus in the area of industrial design, programming and business intelligence. Join us in our of mission of changing up a sleep industry!

99 Minutos

Series B in 2021
99 minutos is an ecommerce delivery company which operates in Latin America. It provides full conectivity to any ecommerce, with live tracking and quick control. 99minutos is faster, cheaper and more reliable than any delivery company out there.

Yalo

Series C in 2021
Yalochat, Inc. develops a customer service chatbot and artificial intelligence platform for businesses. The company offers customer interaction on Facebook Messenger, WhatsApp, and WeChat. Its platform enables businesses with a chatbot with an optimized flow that handles customer requests to the point of payment and fulfillment. The company was founded in 2015 and is based in Newark, Delaware with additional offices in India, China, Colombia, Brazil, and Mexico.

Yalo

Series C in 2021
Yalochat, Inc. develops a customer service chatbot and artificial intelligence platform for businesses. The company offers customer interaction on Facebook Messenger, WhatsApp, and WeChat. Its platform enables businesses with a chatbot with an optimized flow that handles customer requests to the point of payment and fulfillment. The company was founded in 2015 and is based in Newark, Delaware with additional offices in India, China, Colombia, Brazil, and Mexico.

Wonder Brands

Pre Seed Round in 2021
Wonder Brands is a Latin American startup focused on partnering with successful digital brands to enhance their growth potential. The company achieves this by injecting substantial investments into its partner brands, thereby increasing their working capital, marketing capabilities, and operational resources. In addition to financial support, Wonder Brands provides expertise in areas such as technology, digital marketing, supply chain management, and administration. This comprehensive approach allows clients to better respond to consumer needs while diversifying their product offerings and expanding their target audiences. Through these strategic partnerships, Wonder Brands aims to foster significant growth for the brands it collaborates with.

Kavak

Series D in 2021
KAVAK is the online platform that offers an exceptional experience of buying and selling used cars in Mexico, with the best prices on the market and without leaving home.

Jüsto

Series A in 2021
Jüsto is an online delivery-only grocery store chain that offers a wide range of fruits, vegetables, meat products, beauty products, and house supplies that can be delivered at every consumers' doorstep. The company was founded in 2019 and is based in Mexico City.

Ironhack

Series B in 2021
Ironhack is a global educational institution focused on providing digital skills training to individuals and companies. Established in 2013, the school offers full-time and part-time courses in areas such as Web Development, UX/UI Design, Digital Marketing, Mobile Development, Agile Training, and Product Management. Its curriculum is designed to reflect the tools and processes used by successful businesses, aiming to help organizations meet their goals within budget and on schedule. With campuses located in major cities including Madrid, Barcelona, Miami, Paris, Berlin, Lisbon, Sao Paulo, Amsterdam, Bogota, and Mexico City, Ironhack has graduated over 5,000 students who have gone on to work for prominent companies like Google, Visa, and Twitter. The institution has been recognized as the second-best student-rated coding and design bootcamp globally, reflecting its commitment to quality education in the digital space.

Job&talent

Series C in 2021
Job&Talent operates as an on-demand staffing marketplace designed to enhance the flexibility and transparency of the labor market. The platform addresses the growing demand from companies for adaptable hiring solutions while simultaneously working to reduce global unemployment. As the labor market shifts towards greater flexibility, workers often find themselves in precarious employment situations. Job&Talent offers a Workforce as a Service (WaaS) model that aims to create a mutually beneficial environment for both employers and employees. The company has established a presence in several countries, including the UK, Spain, Germany, Sweden, Mexico, and Colombia, with plans for expansion into France and Italy.

Bitso

Series B in 2020
Bitso SAPI de CV is a prominent online trading platform based in Mexico City, founded in 2014, that facilitates the buying and selling of Bitcoin and other cryptocurrencies. As Mexico's first Bitcoin exchange, Bitso allows users to trade Bitcoin with the Mexican Peso, providing a secure and professional environment for cryptocurrency transactions. Users can fund their accounts through various options, including in-person deposits at designated locations across Mexico. The platform operates with a central limit order book, similar to traditional currency exchanges, ensuring efficient trade execution. Additionally, Bitso offers an API that enables third-party applications, such as trading and charting tools, to integrate with its platform, along with a dedicated mobile application for seamless trading activities.

ODILO

Venture Round in 2020
Odilo removes the technology barriers, allowing any institution to offer all kinds of digital content to its users whilst ensuring compliance with copyright laws. Their company is one of the leading software solutions for libraries offering a comprehensive product suite to discover, manage and distribute digital content as well as print. They are headquartered in Cartagena, Spain and have offices in Madrid, Spain; Miami, Florida; Mexico City, Mexico; and New York, New York. Their aim is to develop the market’s most innovative and creative solutions. They lead the way in defining and designing efficient, user-friendly products, serving the needs of public, private, university, school and special interest libraries today, while enabling them to transition into the future.

Kinedu

Series A in 2020
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.

Kavak

Series B in 2019
KAVAK is the online platform that offers an exceptional experience of buying and selling used cars in Mexico, with the best prices on the market and without leaving home.

Hotmart

Venture Round in 2019
Hotmart is a Content Distribution Platform for digital products. With it, you can sell and deliver digital products such as online courses, ebooks, video, software and others. If you don’t have a digital product to sell you can become affiliated to them, helping promote them and earning commissions for it. Hotmart started operating in 2011 and it has been the market leader in Latin America. Currently, we are expanding our business globally with offices in Spain, Colombia, México and Holland, and preparing to start operations in many other countries, allowing more people, all over the world, to make a living out of their passions.

Sistema.bio

Series A in 2019
Sistema.bio specializes in manufacturing modular biodigester systems that convert animal manure into biogas and organic fertilizer. By processing manure daily, these biodigesters utilize anaerobic bacteria to transform organic waste into methane gas, which can be used for cooking, heating, and electricity generation. This technology aims to enhance the efficiency and productivity of small farmers while improving their quality of life. By turning waste into valuable resources, Sistema.bio not only helps farmers increase their energy security but also contributes to environmental sustainability.

salauno

Corporate Round in 2019
SalaUno Salud SAPI de CV is a health-care startup based in Mexico City, specializing in eye care services for low and middle-income populations. The company provides a range of treatments, including cataract surgery, glaucoma management, pterygium removal, and diabetic retinopathy care. SalaUno is recognized for its patient-centered approach and commitment to affordability, aiming to serve those at the bottom of Mexico's economic pyramid. With 11 operational clinics across the country, the organization has garnered multiple awards, including recognition from the Schwab Foundation for Social Entrepreneurship, highlighting its impact in the community and dedication to improving access to essential health services.

Conekta

Series B in 2019
Conekta is a developer of an online payment platform that enhances the security and efficiency of banking processes for financial institutions. The platform leverages artificial intelligence to integrate application programming interfaces, facilitating the processing of both online and offline payments. It enables financial institutions to analyze transaction behavior, helping to identify and mitigate fraudulent activities. Additionally, Conekta's services are PCI-DSS certified, ensuring that banking and financial information is encrypted and protected, which allows businesses to accept payments through various methods, including cards, cash, and bank transfers, in a straightforward and secure manner.

Ben & Frank

Seed Round in 2018
Ben & Frank is an online optical store that aims to transform the traditional eyewear purchasing experience by focusing on customer needs. The company offers a diverse selection of fashionable eyewear products, including anti-reflective, polycarbonate, anti-scratch, polarized, and UV-resistant glasses. By providing an accessible and affordable platform, Ben & Frank enables consumers to easily find and purchase quality eyewear, while also incorporating a vision testing system to enhance the customer experience.

Xertica

Series A in 2018
Xertica Labs Inc. operates as a cloud consulting company. It offers smart key, password, signature, files, cleaner, news, cards, directory, access, and training to companies that strengthen the security control of information and communication. The cloud computing consultancy services helps companies to improve communication, collaboration, security, productivity, and business profitability. Xertica Labs Inc. was founded in 2016 and is based in San Francisco, California with additional offices in Bogota, Columbia; Miguel Hidalgo and Monterrey, Mexico; Samborondón and Quito, Ecuador; Lima, Peru; and Buenos Aires, Argentina.

Rappi

Series C in 2018
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.

Creditas

Series C in 2017
Creditas is a financial technology company based in São Paulo, Brazil, specializing in secured consumer loans. Founded by Sergio Furio, the company operates a digital platform that leverages credit scoring and borrower assets, such as homes and automobiles, as collateral to provide loans. This approach allows Creditas to offer affordable lending solutions by partnering with traditional financial institutions and utilizing investor-backed resources. The platform is designed to enable borrowers to repay their loans in manageable installments, thereby making financing more accessible.

Intellego

Venture Round in 2017
INTELLEGO S.C, an IT consulting company, specializes in information, processes, and IT management solutions in Latin America and the United States. It offers information management services, such as information management strategy, data management, content management, business intelligence, advanced analytics, and enterprise performance management solutions. The company also provides management consulting services, including human capital performance and change management, business process management, and process strategy services; and technology services, such as custom software development, enterprise resource management, supply chain management, customer relationship management, and human capital management services. In addition, it offers managed services, such as IT strategy and organization, infrastructure, application managed, IT business process outsourcing, and cloud services. Further, the company provides infrastructure services, including monitoring implementation, help desk implementation, PMOs implementation, and business asset management. It has strategic alliances with AB Initio; EMC; Leap Factor; QlikView; BP Trends Associates; Back Office; HP; Microsoft; SAP; Compuware; Informatica; MicroStrategy; IBM; Inmon Data Systems; DocSolutins; Jack Be; Oracle; and Teradata. INTELLEGO S.C was founded in 1999 and is based in Mexico City, Mexico. The company has locations in Monterrey, México; Bogotá, Colombia; Santiago, Chile; Sao Paulo, Brazil; and Miami, Florida.

Axity

Venture Round in 2017
At Exit we help maximize potential in the digital transformation process. We implement end-to-end solutions integrated by the best experts and the best technologies.

Rappi

Venture Round in 2017
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.

Ofi

Series A in 2017
OFI is a Colombian company founded in 2014 and headquartered in Bogota. It operates a B2B portal that specializes in providing a range of products, including stationery, software, and hardware. The company focuses on delivering technology solutions tailored to the needs of small, medium, and large enterprises. By offering this diverse array of products, OFI aims to support businesses in their operational needs and enhance their productivity.

Rappi

Series B 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.

Rappi

Series A 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.

Rappi

Series A 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.

kubo.financiero

Series A in 2016
Kubo.financiero is the only 100% digital regulated finance company in Mexico. It offers savings accounts, personal loans and term deposits to its clients. Kubo’s lean model allows for lower interest rates for borrowers and higher return rates for depositors and investors. Its innovative model and strategic approach aim to encourage a “multiplier effect” to generate and strengthen Mexico’s emerging middle class through customer-centered financial services.

Kueski

Series A in 2016
Kueski, S.A.P.I. De C.V. Sofom E.N.R. is an online lending platform based in Guadalajara, Mexico, founded in 2012. Catering primarily to the middle class in Mexico and Latin America, Kueski offers a range of financial services, including personal credit, student loans, and savings options. The platform leverages big data and advanced analytics to facilitate quick loan approvals, often within minutes, making it a convenient choice for borrowers who require immediate financial assistance. With a paperless application process available 24/7, Kueski has rapidly established itself as a leading provider of online lending services in the region, having granted thousands of loans to date.

Cornershop

Series A in 2016
Cornershop is an online grocery shopping platform that facilitates ordering from multiple local stores and offers delivery to customers' doorsteps within 60 minutes. Founded in 2015 in Santiago, Chile, and Mexico City, the company has expanded its operations to eight countries across the Americas. In July 2020, a majority stake in Cornershop was acquired by Uber, providing significant capital and resources for further development of its services. The platform aims to deliver a convenient and innovative shopping experience, allowing customers to effortlessly obtain their daily essentials. Although Cornershop Mexico was not included in the acquisition, it continues to operate independently while awaiting regulatory approval from Mexican antitrust authorities.

Bodytech

Series B in 2016
Bodytech, the second-largest gym company in Latin America, was created in 1997 by Nicolás Loaiza and Gigliola Aycardi as part of their MBA graduation project for the University of the Andes in Bogota, Colombia. Currently, it has more than 75 locations in Colombia, 18 in Peru, and 48 in Chile. Its aim is to help more people in Latin America improve their health and well-being through exercise and improved nutrition. Bodytech's offerings include full service gyms, high performance gyms, gyms for children and Life Fitness gym products sold for personal and commercial use. Bodytech is focused on building full-service gym locations across Latin America with offerings such as advanced cardio and weight training, group fitness classes, swimming pools, saunas and spa services. In addition, Bodytech has a network of doctors, physiotherapists, and nutritionists to provide integrated health services to its members. Bodytech is an active member of Endeavor, the leading high-impact entrepreneurship network around the world. Aycardi and Loaiza were nominees to the World Entrepreneur of the Year Award from Ernst & Young in 2015.

Procesa Chiapas

Venture Round in 2016
Procesa Chiapas has developed products with high nutritional value for different markets, including low-income children who are served through government food assistance programs.

Clip

Series A in 2015
Clip is transforming card acceptance in Mexico by providing portable card-reading hardware and a digital payment platform that enables businesses to accept all credit and debit cards, including contactless payments. The company's solutions allow businesses to turn smartphones or tablets into card terminals, facilitating seamless transactions without the need for complicated paperwork or monthly fees. By focusing on empowering Mexican businesses, Clip helps them increase sales and grow by offering a user-friendly application that simplifies payment acceptance. This approach positions Clip as a vital ally for merchants seeking efficient and accessible payment solutions.

Mastretta

Series G in 2013
Mastretta is a Mexican car maker and design studio.

Procesa Chiapas

Series C in 2013
Procesa Chiapas has developed products with high nutritional value for different markets, including low-income children who are served through government food assistance programs.
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