Fondo de Fondos

Established in 2006, Fondo de Fondos is a Mexico-based fund of funds with a mission to promote private equity and venture capital markets. It manages commitments exceeding $700 million, including institutional investments from third parties.

Adriana Tortajada

Head of Venture Capital and Mezzanine

6 past transactions

Carrot

Series B in 2016
Carrot is Mexico's first car-sharing service offering fuel-efficient vehicles for hourly or daily rental. Members pay a monthly fee plus reservation charges that cover gas and insurance. With over 80 cars in four major cities, Carrot pioneered this concept in Mexico, securing special parking permits and electric car access through government agreements.

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.

Assured Labor

Series B in 2015
Assured Labor, Inc. is a mobile recruitment company that provides a platform designed to connect employers with low-to-mid wage candidates in their vicinity. Established in 2008, the company leverages mobile technology and the internet to facilitate efficient and effective recruitment in emerging markets, where many users access the internet sporadically but widely utilize mobile phones. Employers can easily input job descriptions on the platform, while candidates can register to receive text notifications when suitable local positions are posted. With an extensive network of 500,000 candidates and 16,000 employers, Assured Labor operates under its Latin American brands, EmpleoListo and TrabalhoJá, which are experiencing significant growth in Mexico and Brazil. The company is headquartered in New York, NY, United States.

YellowPepper

Series C in 2015
YellowPepper USA, LLC is a pioneer in mobile banking and payment solutions in Latin America, founded in 2004 and based in Miami, Florida. The company offers a white-labeled mobile payment platform compatible with major operating systems and communication protocols, including NFC, BLE, and QR codes, facilitating cashless transactions for consumers, businesses, and banks. YellowPepper also provides a mobile banking suite, enabling financial institutions to address the evolving needs of their clients. With a presence in countries such as Mexico, Colombia, Ecuador, and Peru, the company employs over 60 professionals across the region. Backed by Visa and the International Finance Corporation, YellowPepper combines extensive market knowledge with advanced payment technology, contributing to a robust payment ecosystem that enhances the purchasing experience for consumers and merchants alike.

Carrot

Series A in 2014
Carrot is Mexico's first car-sharing service offering fuel-efficient vehicles for hourly or daily rental. Members pay a monthly fee plus reservation charges that cover gas and insurance. With over 80 cars in four major cities, Carrot pioneered this concept in Mexico, securing special parking permits and electric car access through government agreements.

ID90T

Series B in 2013
"ID90T is revolutionizing airline employee travel by providing online shopping, reservation and ticketing tools, employee-only deals and discounts, and easy-to-implement technology that results in significant cost savings for our airline clients and increased employee satisfaction."
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