Marathon Ventures

Marathon Ventures is an early-stage investment firm focused on B2B startups in Latin America. The company aims to maximize the potential of top talent in the region by supporting startup alumni and experienced professionals who address challenges in emerging markets. In addition to its investment activities, Marathon Ventures functions as a talent hub, providing strategic talent acquisition assistance to entrepreneurs and companies at various stages of growth. The firm is complemented by a team of operators and seasoned advisors, enhancing its capability to foster innovation and drive success among its portfolio companies.

36 past transactions

Prima

Venture Round in 2024
Prima consolidates and solves the metal-mechanical manufacturing needs of industrial and commercial companies. We specialize in supplying materials, designing and manufacturing finished parts, components, and structures, and executing high-tonnage projects that require specialized engineering. Our processes, engineering, technology, and network allow our clients to achieve better prices, quality, and OTIF rates.

Karrot

Seed Round in 2024
Karrot is a cloud-based software suite solutions that provides omnichannel retail solutions.

Yolo Bank

Pre Seed Round in 2024
Yolo Bank is a fintech company that uses artificial intelligence to help universities minimize tuition defaults. This approach increases revenue for educational institutions and benefits students. We offer a SaaS for bad debt management and a dedicated digital account for students to manage their monthly payments.

Bacu

Seed Round in 2024
Bacu is a restaurant technology company that aims to enhance the food delivery experience for both restaurants and customers. The company offers a comprehensive platform that includes a restaurant management system, a food delivery application, and a customer loyalty program. By integrating these features, Bacu enables restaurants to operate more efficiently and effectively, ultimately improving their service and customer engagement. Additionally, Bacu promotes a comfort food concept, focusing on delivering familiar and satisfying meal options to consumers.

Welbe

Series A in 2024
Welbe Care is a healthcare platform developer based in Mexico City, established in June 2021 by Eduardo Medeiros Cardoso, Eduardo Medeiros, and Marcus Paiva. The company focuses on managing workers' health through the integration of data collection and artificial intelligence. Its platform creates a comprehensive health ecosystem that connects with local health services, including laboratories, clinics, and insurers. This integration allows businesses to monitor employee health effectively, identify potential issues, and enhance both productivity and quality of life. Additionally, Welbe Care offers an intelligent occupational management system paired with a minor medical expenses program that eliminates deductibles and copayments, further supporting the well-being of employees.

Seeri

Seed Round in 2024
Seeri operates a B2B marketplace that revolutionizes the purchasing and selling of goods and services by integrating financing options for both buyers and sellers. The company has developed a light enterprise resource planning (ERP) platform that emphasizes an asset-light model, allowing small and medium-sized businesses to connect efficiently with brands. Seeri's platform offers a range of services, including lending, factoring, advertising, and data management, which enhance productivity, inventory management, and logistics. By providing a user-friendly and customizable experience, Seeri aims to streamline transactions and empower businesses to thrive in a competitive environment.

Extendeal

Seed Round in 2024
Extendeal is a healthtech vertical SaaS company that provides an integrated platform designed to streamline purchasing processes for the pharmaceutical industry. By connecting suppliers and wholesalers with retailers, Extendeal enhances competitiveness and transparency in the market. The platform enables users to optimize their purchase processes, predict purchase volumes, and consolidate demand, which fosters more efficient ordering. This approach not only simplifies transactions but also promotes collaboration between buyers and suppliers, ultimately increasing profitability for all parties involved. As a comprehensive solution for pharmacies, Extendeal positions itself as a pivotal resource in the pharmaceutical purchasing landscape.

C4c7us

Seed Round in 2024
Platform that helps startup founders and IT professionals to get IT infrastructure faster and save money by automating operation processes.

Rurall

Seed Round in 2024
Rurall is a developer of an agro-based platform aimed at enhancing the agricultural supply chain through technology and analytics. The company provides an integrated solution that streamlines commercialization, addresses working capital challenges, and improves production by facilitating access to high-quality supplies and knowledge. By connecting small farmers to the market via digital channels, Rurall enables them to optimize productivity, quality, and profitability in their agricultural operations. Through its innovative approach, Rurall seeks to boost efficiency and transparency within the agricultural sector.

Maqui

Pre Seed Round in 2023
Maqui is a business-to-business platform that assists garment brands in enhancing their supply chain management by minimizing manufacturing waste. The company has developed a supplier tracking platform designed to facilitate better management of supply chains and suppliers. Its platform includes features such as outsourced production tracking, manufacturer communication, and production schedule optimization. These capabilities enable businesses to improve productivity and reduce delays in their operations, ultimately fostering a more efficient and sustainable manufacturing process.

Fanki

Seed Round in 2023
Fanki is a developer of a blockchain application tailored for the sports industry, focused on enhancing the fan experience both inside stadiums and remotely. The company has created a comprehensive digital ecosystem that connects sports fans with sports organizations, offering a wide array of products and services. These include a digital wallet, a personalized Mastercard, loyalty programs, and unique perks and experiences. Fanki's platform not only facilitates transactions but also introduces new revenue streams for sports organizations through the use of cryptocurrencies and non-fungible tokens. By enabling federations, leagues, and sports clubs to engage with their fans more deeply, Fanki helps to foster a stronger relationship between sports entities and their supporters.

Estoca

Venture Round in 2023
Estoca is a decentralized logistics platform that specializes in Fulfillment-as-a-Service for multi-channel businesses. The company enables efficient goods delivery within less than two days in major Brazilian cities, ensuring a straightforward setup for clients. Utilizing a network of warehouses, Estoca employs a predictive algorithm to optimize the allocation of products, positioning them in proximity to customers for streamlined last-mile delivery. This approach allows businesses to manage their logistics processes effectively, enhancing their operational efficiency and customer satisfaction.

Bia Energy

Pre Seed Round in 2022
Bia Energy is focused on providing sustainable and affordable energy solutions to small and medium-sized enterprises (SMEs) and households in Latin America. The company has developed a virtual energy marketing platform that emphasizes efficient energy consumption and optimization. This platform tracks energy usage and offers automatic recommendations for monthly savings, enabling users to reduce costs while adopting sustainable practices. Through its consumer-centric and data-driven approach, Bia Energy aims to empower its customers by enhancing their energy management capabilities and promoting environmentally friendly energy consumption.

Welbe

Pre Seed Round in 2022
Welbe Care is a healthcare platform developer based in Mexico City, established in June 2021 by Eduardo Medeiros Cardoso, Eduardo Medeiros, and Marcus Paiva. The company focuses on managing workers' health through the integration of data collection and artificial intelligence. Its platform creates a comprehensive health ecosystem that connects with local health services, including laboratories, clinics, and insurers. This integration allows businesses to monitor employee health effectively, identify potential issues, and enhance both productivity and quality of life. Additionally, Welbe Care offers an intelligent occupational management system paired with a minor medical expenses program that eliminates deductibles and copayments, further supporting the well-being of employees.

Nara

Venture Round in 2022
Nara is a technology company that specializes in developing AI-powered sales platforms. Their primary product is an AI sales agent designed to enhance customer engagement and satisfaction. This AI assistant provides personalized shopping recommendations to customers and is available round the clock to address their queries, thereby augmenting the sales capacity of small and medium-sized businesses. The platform integrates seamlessly into various chat channels, handling tasks such as order tracking, cancellations, and refunds, ultimately helping clients boost sales and reduce customer churn.

Neivor

Seed Round in 2022
Neivor is a property management platform focused on transforming payment processes for property owners and renters in residential and multifamily buildings across Latin America. By addressing the inefficiencies associated with traditional payment methods, Neivor offers a mobile-centric engagement platform that simplifies the management of resident-facing tasks. Building managers can oversee various administrative functions, such as collection management and common area control, through a single app. Residents benefit from streamlined payment options and enhanced communication regarding their communities. This comprehensive tool enables administrators to automate and optimize the operation of condominiums, facilitating a more efficient and organized living environment.

Latitud

Seed Round in 2022
Latitud is a venture capital firm established in 2020 and headquartered in Sao Paulo, Brazil. It is dedicated to supporting early-stage startups primarily in Latin America, focusing on technology-driven companies. Latitud provides pre-seed investments and offers comprehensive, hands-on support to founders, helping them build and scale their businesses effectively. The firm aims to create a robust infrastructure for tech startups, fostering innovation and growth in the region. By targeting various sectors, including information technology, healthcare, financial services, and consumer products, Latitud plays a significant role in the entrepreneurial landscape of Latin America.

Vest

Seed Round in 2022
Vest is an app-based brokerage that wants to provide Latin American savers with access to American assets that are differentiated by product, pricing, and content. Latin Americans are known for saving, but many prefer to do so in cash or in zero-interest savings accounts.

Sumer

Seed Round in 2022
Sumer is a technology company focused on empowering micro and small businesses in Latin America by providing them with essential digital services. Founded in June 2021 and headquartered in Bogotá, Colombia, with an office in Mexico City, Sumer offers a user-friendly platform that allows businesses to quickly create a digital store through its app, enabling them to upload product catalogs and share them with clients. The company aims to simplify the process of establishing an online presence, leveraging mobile technology to enhance accessibility. In addition to digital storefronts, Sumer provides tools for logistics, electronic payments, social media advertising, and community networking. By offering these services, Sumer supports businesses in streamlining their operations, reaching new customers, and ultimately fostering growth within a collaborative ecosystem. The company is continuously developing additional features focused on customer service, payments, and financing to serve as a comprehensive operating system for entrepreneurs.

Kalto

Seed Round in 2022
Kalto is a B2B payment company established in 2022 and based in Mexico, dedicated to supporting small and medium-sized businesses (SMBs). The company provides software solutions that enhance cash flow management and streamline payment processes, thus reducing administrative costs for its clients. Kalto's platform integrates merchant and business-to-business payments into e-commerce marketplaces and websites, facilitating seamless payment experiences. By automating payment reconciliation, Kalto enables businesses to offer frictionless checkout solutions, ultimately boosting sales and growth opportunities for SMBs.

Sumer

Pre Seed Round in 2021
Sumer is a technology company focused on empowering micro and small businesses in Latin America by providing them with essential digital services. Founded in June 2021 and headquartered in Bogotá, Colombia, with an office in Mexico City, Sumer offers a user-friendly platform that allows businesses to quickly create a digital store through its app, enabling them to upload product catalogs and share them with clients. The company aims to simplify the process of establishing an online presence, leveraging mobile technology to enhance accessibility. In addition to digital storefronts, Sumer provides tools for logistics, electronic payments, social media advertising, and community networking. By offering these services, Sumer supports businesses in streamlining their operations, reaching new customers, and ultimately fostering growth within a collaborative ecosystem. The company is continuously developing additional features focused on customer service, payments, and financing to serve as a comprehensive operating system for entrepreneurs.

Movo

Funding Round in 2021
Movo is a developer of human capital management solutions focused on enhancing the mobile employee experience for frontline workers. The company's platform integrates artificial intelligence to provide supervisors with real-time insights into their personnel, improving operational efficiency. Movo's technology has been successfully implemented by large corporations with workforces of up to 80,000 employees, leading to personnel efficiency gains of up to 30%. The platform facilitates the deployment of fully credentialed professionals across various sectors, including healthcare, clean energy, manufacturing, and field engineering. By enabling supervisors to manage significantly higher task volumes, Movo aims to elevate team performance and optimize workforce management.

Meru

Series A in 2021
Our objective is to develop into the region's one-stop store for automotive components. By gathering demand and linking all players throughout the supply chain, including producers, distributors, wholesalers, retailers, service providers, and customers, we are digitizing the automobile aftermarket sector in Latin America. Meru was established in 2020 in Mexico City, Distrito Federal.

TUL

Series B in 2021
Tul is an e-commerce platform based in Bogotá, Colombia, founded in 2020. It operates as a marketplace where users can buy and sell hardware and construction materials. The company's online store allows manufacturers to connect with small businesses, providing a convenient platform for purchasing all necessary hardware and construction products in one place. Tul ensures that these items are delivered to the buyer's specified destination, helping businesses meet their operational inventory requirements and enabling customers to acquire parts needed for their projects efficiently.

Neivor

Seed Round in 2021
Neivor is a property management platform focused on transforming payment processes for property owners and renters in residential and multifamily buildings across Latin America. By addressing the inefficiencies associated with traditional payment methods, Neivor offers a mobile-centric engagement platform that simplifies the management of resident-facing tasks. Building managers can oversee various administrative functions, such as collection management and common area control, through a single app. Residents benefit from streamlined payment options and enhanced communication regarding their communities. This comprehensive tool enables administrators to automate and optimize the operation of condominiums, facilitating a more efficient and organized living environment.

Sproutfi

Pre Seed Round in 2021
SproutFi is a fintech application that enables users to invest in the US stock market while also functioning as a social network. The platform is designed to promote financial independence by allowing users to follow other investors, engage in discussions within groups based on shared interests, and exchange investment advice with friends. SproutFi empowers its users to discover investment ideas and access stocks at competitive prices, creating a community-oriented environment for both novice and experienced investors.

Estoca

Seed Round in 2021
Estoca is a decentralized logistics platform that specializes in Fulfillment-as-a-Service for multi-channel businesses. The company enables efficient goods delivery within less than two days in major Brazilian cities, ensuring a straightforward setup for clients. Utilizing a network of warehouses, Estoca employs a predictive algorithm to optimize the allocation of products, positioning them in proximity to customers for streamlined last-mile delivery. This approach allows businesses to manage their logistics processes effectively, enhancing their operational efficiency and customer satisfaction.

HelloGuru

Pre Seed Round in 2021
HelloGuru is a developer of a no-code software tool that empowers non-technical users to create software applications without the need for coding. The platform enables users to build scalable and secure internal tools that facilitate complex workflows, automate processes, and connect various databases. By allowing users to consolidate and synchronize their data with existing systems effortlessly, HelloGuru simplifies the software development process, making it accessible to individuals without technical expertise. This innovative approach supports organizations in enhancing efficiency and streamlining operations through user-friendly software solutions.

Wonder Brands

Pre Seed Round in 2021
Wonder Brands is a Latin American startup that focuses on partnering with successful digital brands to enhance their growth potential. The company specializes in establishing strategic alliances with these brands, offering significant investments to boost working capital, marketing efforts, and equipment. In addition to financial support, Wonder Brands adds value through expertise in technology, digital marketing, supply chain management, administration, and finance. By leveraging data science and analytics, the company helps its partners respond effectively to consumer needs and diversify their product offerings and target audiences.

Cobre

Pre Seed Round in 2021
Cobre is a corporate treasury platform that allows companies to centralize, digitize and automate their payments processes. Our technology helps finance teams and CFOs claim back their time to focus on what really matters: growing their business. We’re committed to creating a frictionless payment process for companies; from cash-in to cash-out, allowing businesses to move money in real time, connect their bank accounts to a central treasury hub, and consolidate a single source for real-time data and reconciliation. Cobre began operations in 2020 and currently serves companies in Colombia and Mexico

TUL

Series A in 2021
Tul is an e-commerce platform based in Bogotá, Colombia, founded in 2020. It operates as a marketplace where users can buy and sell hardware and construction materials. The company's online store allows manufacturers to connect with small businesses, providing a convenient platform for purchasing all necessary hardware and construction products in one place. Tul ensures that these items are delivered to the buyer's specified destination, helping businesses meet their operational inventory requirements and enabling customers to acquire parts needed for their projects efficiently.

Meru

Pre Seed Round in 2020
Our objective is to develop into the region's one-stop store for automotive components. By gathering demand and linking all players throughout the supply chain, including producers, distributors, wholesalers, retailers, service providers, and customers, we are digitizing the automobile aftermarket sector in Latin America. Meru was established in 2020 in Mexico City, Distrito Federal.

TUL

Seed Round in 2020
Tul is an e-commerce platform based in Bogotá, Colombia, founded in 2020. It operates as a marketplace where users can buy and sell hardware and construction materials. The company's online store allows manufacturers to connect with small businesses, providing a convenient platform for purchasing all necessary hardware and construction products in one place. Tul ensures that these items are delivered to the buyer's specified destination, helping businesses meet their operational inventory requirements and enabling customers to acquire parts needed for their projects efficiently.

TUL

Seed Round in 2020
Tul is an e-commerce platform based in Bogotá, Colombia, founded in 2020. It operates as a marketplace where users can buy and sell hardware and construction materials. The company's online store allows manufacturers to connect with small businesses, providing a convenient platform for purchasing all necessary hardware and construction products in one place. Tul ensures that these items are delivered to the buyer's specified destination, helping businesses meet their operational inventory requirements and enabling customers to acquire parts needed for their projects efficiently.

TUL

Pre Seed Round in 2020
Tul is an e-commerce platform based in Bogotá, Colombia, founded in 2020. It operates as a marketplace where users can buy and sell hardware and construction materials. The company's online store allows manufacturers to connect with small businesses, providing a convenient platform for purchasing all necessary hardware and construction products in one place. Tul ensures that these items are delivered to the buyer's specified destination, helping businesses meet their operational inventory requirements and enabling customers to acquire parts needed for their projects efficiently.
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