Function

Function is an investor syndicate that specializes in pre-Series A investments, primarily targeting B2B software companies in the United States and Latin America. The organization emphasizes tailored investment strategies to support early-stage startups, helping them navigate the complexities of growth and development. Function's approach is characterized by a strong focus on building relationships with founders and providing them with the resources they need to succeed in competitive markets. By concentrating on this specific investment stage and sector, Function aims to foster innovation and drive the success of emerging businesses in the technology landscape.

Monica Simo

Managing Director

5 past transactions

Truv

Series A in 2022
Truv is a technology company that provides a streamlined solution for employment and income verifications through its innovative javascript widget. This tool enables users to easily connect their payroll accounts, allowing for instant access to crucial information needed for various verification processes. By simplifying the verification of employment and income, Truv enhances the efficiency of rental applications and loan processes. The platform facilitates actions such as switching direct deposits and managing loan payoffs directly from payroll data. Truv's approach aims to deliver a faster and more cost-effective alternative to traditional manual verification methods.

Pod Foods

Series A in 2021
Pod Foods Co. is a San Francisco-based company established in 2017 that specializes in software for the distribution of food, functioning as a logistics and technology-enabled B2B marketplace. The company connects brands directly with grocery retailers, including both traditional and online delivery solutions. Pod Foods offers a diverse array of products, such as fruits, vegetables, beverages, snacks, and branded food, facilitating a streamlined supply chain. Its platform simplifies the distribution process by allowing retailers to purchase products directly from manufacturers, enhancing efficiency and cost-effectiveness in bringing quality food to market.

Truv

Seed Round in 2021
Truv is a technology company that provides a streamlined solution for employment and income verifications through its innovative javascript widget. This tool enables users to easily connect their payroll accounts, allowing for instant access to crucial information needed for various verification processes. By simplifying the verification of employment and income, Truv enhances the efficiency of rental applications and loan processes. The platform facilitates actions such as switching direct deposits and managing loan payoffs directly from payroll data. Truv's approach aims to deliver a faster and more cost-effective alternative to traditional manual verification methods.

Leapfin

Seed Round in 2020
Leapfin is a financial operations automation software designed to enhance data integrity and streamline accounting processes. It consolidates, cleans, and unifies financial data, allowing Accounting and Finance teams to automate complex tasks with improved accuracy. By transforming transaction data into reliable and balanced journal entries, Leapfin accelerates the month-end close process and provides a single source of truth for revenue reporting. This software is particularly valuable for high-growth brands seeking to manage the complexities of modern revenue accounting, as it supports them in closing their books confidently and efficiently. Notable clients include Canva, Reddit, Webflow, Poshmark, and SeatGeek.

Kushki

Series A in 2020
Kushki is a digital payment platform focused on Latin America, designed to streamline the payments landscape across the region. Founded in 2016 by Aron Schwarzkopf and Sebastian Castro, the company provides an integrated payments solution that caters to e-commerce, mobile commerce, and physical retail. Kushki’s API standardizes various payment methods, including credit and debit cards, bank transfers, and cash networks, facilitating seamless transactions across over 300,000 physical points of payment. Its platform features capabilities such as a payment box, recurring payments, smart links, and tokenization, enabling real-time multi-channel payment processing. With operations in countries including Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the USA, and Canada, Kushki aims to enhance operational efficiencies, reduce costs, and offer businesses comprehensive control and transparency over their payment systems.
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