IGNIA
IGNIA Partners, LLC, established in 2007, is a venture capital firm headquartered in Mexico City, with an additional office in Monterrey. The firm specializes in early to late-stage investments, focusing on companies that provide innovative technology solutions addressing fundamental needs in Latin America, particularly those serving low-income populations. IGNIA invests in sectors such as healthtech, fintech, SaaS, edtech, e-commerce, and AI-enabled platforms, seeking to acquire significant equity stakes, often up to 100%, and aiming for a seat on the board of its portfolio companies. The firm typically invests between $2 million and $11 million in equity, targeting companies based in Mexico and Latin America, and considers co-investments with other organizations. IGNIA's investments are guided by a mission to deliver positive impact on people's lives through goods and services in areas like healthcare, housing, education, financial services, and basic utilities.
82 past transactions
Malga
Series A in 2025
Malga is an API to accept payments with multiple payment providers. Malga gives digital businesses access to multiple payments services through a single integration, and the ability to change between them on a transaction-to-transaction basis without writing code.
Influur
Series A in 2024
Influur is a professional networking platform that connects influencers with brands to facilitate marketing collaborations. The platform operates as a data-driven tool, enhancing decision-making for brands seeking to engage effectively with influencers. By utilizing algorithms, Influur streamlines the management of influencer marketing campaigns from inception to completion. It enables businesses to reach untapped markets and large audiences by directly linking influencers, creators, and brands globally, thereby fostering meaningful partnerships and optimizing marketing efforts.
Aviva
Seed Round in 2024
Aviva is an innovative digital bank focused on providing financial services to underbanked communities in Latin America, particularly targeting Mexico's population of over 40 million individuals. By leveraging artificial intelligence and video technology, Aviva aims to bridge the gap for those living in remote areas through physical onboarding kiosks. These nano-branches facilitate a seamless onboarding process, allowing customers to complete a documentless, three-minute video application for credit. Aviva’s unique approach includes using natural language processing to analyze spoken responses and assess emotional cues, which enhances its ability to evaluate thin-file customers. By employing these advanced risk models, Aviva is committed to offering unsecured credit products at competitive interest rates, thereby supporting the financial inclusion of underserved individuals and nano-businesses.
Escala
Venture Round in 2024
Escala is a developer of an all-in-one marketing and sales platform designed to help businesses improve customer retention and accelerate growth. The platform provides a suite of digital marketing tools, including customer relationship management, email marketing, landing pages, and automation features. By offering these integrated solutions, Escala empowers organizations to streamline their marketing and sales operations, enhancing overall efficiency and effectiveness.
Polaroo
Convertible Note in 2024
Polaroo is a company that specializes in asset-related service management solutions for asset-intensive organizations. It utilizes a proprietary, multimodal hybrid technology that integrates advanced AI to enhance operational efficiency and optimize asset performance. By embedding this technology into the core operations of its clients, Polaroo aims to deliver actionable insights and facilitate a high-touch customer experience, which supports sustainable growth and cost reduction. Additionally, Polaroo has developed a digital payment platform that consolidates and manages domiciled expenses for customers. This platform simplifies the registration of regular services, such as internet and utilities, while also managing payments and aggregating user data. By doing so, it enables clients to effectively handle monthly bills and gain valuable market research insights to personalize their services.
Novel Capital
Seed Round in 2024
Novel Capital, founded in 2018 and based in Mission, Kansas, is a fintech company that offers innovative funding solutions tailored for early-stage B2B software companies. By leveraging a tech-first approach, Novel Capital enables its customers to access non-dilutive capital based on future recurring revenue, effectively breaking down traditional growth barriers. The platform also provides online data-driven insights and curated learning resources, empowering entrepreneurs to capitalize on their momentum and scale their businesses without relinquishing equity. Through its flexible revenue-based financing and operational sales expertise, Novel Capital aims to foster a thriving startup ecosystem and support the growth of emerging businesses.
Worky
Series A in 2024
Worky is a company that develops employee-centric human resource software tailored for small and medium enterprises. Its platform aims to enhance communication between firms and their employees while improving employees' financial well-being. Worky's software automates various HR activities, streamlining processes such as payroll calculation with precision and ensuring data security. By offering a comprehensive solution that consolidates multiple HR functions into a single platform, Worky seeks to transform traditional HR management practices and deliver a more efficient and effective experience for both employers and employees.
Fairgen
Seed Round in 2024
Fairgen is a developer of algorithmic software designed to address bias in machine learning algorithms and their associated datasets. The company offers a platform and API that systematically identify occurrences of bias within customer data, providing corrective measures through synthetic data generation. This enables customers to utilize corrected datasets for training their models, enhancing their operational fairness and potentially increasing revenues. Fairgen's approach is case-independent and platform-agnostic, allowing for seamless integration into various systems. By focusing on a data-centric methodology, the company aims to ensure equitable treatment across diverse customer profiles.
Reuse
Seed Round in 2024
Reuse is an online marketplace focused on the buying and selling of refurbished electronics in Latin America. The company provides a platform that allows customers to access a variety of reconditioned electronic products, including cell phones, headsets, smart watches, computers, and various accessories. By offering these products at competitive prices, Reuse aims to make quality electronics more accessible to a broader audience while promoting sustainability through the reuse of technology.
Piper
Pre Seed Round in 2023
Piper is a next-gen sales productivity and intelligence solution that puts AI to work for both sales reps and sales managers. Through its advanced interpretation of sales conversations from video calls, emails and audio notes, Piper automatically populates deal-related fields in the CRM, freeing up sales capacity and ensuring unbiased, high quality data. Piper further lightens the daily workload of salespeople by assisting through every stage of the client engagement: enhancing meeting prep, drafting follow-up emails, scheduling the next call, and more. For sales reps, Piper is a game-changer, letting them focus on selling without the admin drag. For sales directors and revenue ops, Piper provides top-notch data insights into the sales pipeline, enhancing sales forecasting and data-driven decision-making.
Erudit
Series A in 2023
Erudit is a company that specializes in developing an employee burnout detection platform aimed at helping businesses minimize worker turnover. Utilizing advanced artificial intelligence and semantic personality analysis, Erudit transforms real-time employee-generated data into actionable insights. This technology enables organizations to assess burnout risk, engagement levels, and various frictions within teams and departments. Comprising a dedicated team of psychologists, AI experts, data analysts, and engineers, Erudit focuses on fostering happy and productive work environments. By providing reliable, real-time analyses, the company empowers executives to make informed decisions that benefit both the organization and its employees.
Nocnoc
Series A in 2023
Nocnoc is a cross-border e-commerce platform based in Montevideo, Uruguay, established in 2017. The company facilitates international trade by connecting global sellers with Latin American marketplaces, allowing them to enhance their sales volumes in the region. Nocnoc offers integrated logistics and targeted marketing services, creating a seamless shopping experience for customers regardless of the product's origin. By leveraging advanced technology and a team of local experts, Nocnoc helps sellers optimize pricing and conversion rates, enabling them to access multiple marketplaces through a single platform. This approach empowers sellers worldwide to reach millions of Latin American consumers each month efficiently.
Vendi
Pre Seed Round in 2023
9 of 10 founders don’t have a background in sales. 2 of 3 struggle to scale up sales beyond their existing network. Building a team is too expensive. No time or skills to do it yourself. Vendi AI is your sales superpower, giving you full access to your entire market, ensures you know everything to win every deal and makes you take the right action at the right time. Vendi's superpowers unlock the true potential of founders.
Polaroo
Seed Round in 2023
Polaroo is a company that specializes in asset-related service management solutions for asset-intensive organizations. It utilizes a proprietary, multimodal hybrid technology that integrates advanced AI to enhance operational efficiency and optimize asset performance. By embedding this technology into the core operations of its clients, Polaroo aims to deliver actionable insights and facilitate a high-touch customer experience, which supports sustainable growth and cost reduction. Additionally, Polaroo has developed a digital payment platform that consolidates and manages domiciled expenses for customers. This platform simplifies the registration of regular services, such as internet and utilities, while also managing payments and aggregating user data. By doing so, it enables clients to effectively handle monthly bills and gain valuable market research insights to personalize their services.
Random Games
Seed Round in 2022
Random Games is a game development platform that aims to transform the interaction between gamers and game developers. By leveraging non-fungible tokens (NFTs) and blockchain technology, the company provides funding opportunities for gamers within the metaverse. This innovative approach focuses on community empowerment, allowing gamers to create added value for developers through their engagement and participation. The platform seeks to harness the potential of the crypto industry to enhance the gaming experience and foster a more collaborative environment between all stakeholders involved in game development.
Kontempo
Seed Round in 2022
Kontempo is a leading B2B payments platform tailored for the industrial sector in Mexico. The company provides software that enables wholesalers, manufacturers, and distributors to offer flexible payment terms, such as credit and installment pricing, to their customers in an efficient and user-friendly manner. Utilizing advanced APIs and AI-driven risk models, Kontempo helps businesses process more credit for a wider range of clients while minimizing financial risk and avoiding the need for additional capital. By facilitating alternative payment options, including buy now, pay later and interest-free installments, Kontempo empowers suppliers to offer point-of-sale financing to small business customers, ultimately enhancing sales and providing instant liquidity.
UnDosTres
Series B in 2022
UnDosTres is an innovative online payment platform based in Mexico, designed to transform the consumer payments landscape. The company provides a secure and reliable alternative for users to pay for a wide range of services, including mobile and DTH recharges, utility bills like electricity and water, and even movie tickets. By enabling transactions through various methods such as credit and debit cards, bank transfers, and digital wallets, UnDosTres simplifies the online payment process. Recognized as one of the fastest-growing startups in Mexico, the company has earned accolades, including being named the Best Fintech Startup in Emerging Markets, reflecting its commitment to enhancing the way consumers manage their payments.
Lentesplus
Series E in 2021
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
Abra
Series C in 2021
Abra is a cryptocurrency platform established in 2014, designed to provide a straightforward and secure environment for individuals and businesses to buy, trade, and borrow against cryptocurrencies. Based in the United States and operational in over 150 countries, Abra facilitates easy conversion between cryptocurrencies and various local fiat currencies. The platform serves a diverse clientele, including high-net-worth individuals, family offices, registered investment advisors, and institutions, offering customizable services that allow users to manage their crypto portfolios effectively. With over two million customers and $9 billion processed in transactions, Abra has positioned itself as a trusted solution in the cryptocurrency market, earning recognition as one of the top five crypto wallets. The company is supported by prominent investors, reinforcing its commitment to creating an open and accessible global financial system.
ProducePay
Series C in 2021
ProducePay, founded by Pablo Borquez Schwarzbeck, is an AgTech company dedicated to transforming the fresh produce supply chain. By addressing the economic and food waste caused by its volatility and fragmentation, ProducePay offers a Predictable Commerce Platform that enhances connectivity between growers and buyers. This platform provides farmers with immediate access to financing, liquidity, and real-time pricing data, fostering transparency and enabling efficient business operations. Additionally, it facilitates connections with key industry players, allowing farmers to access tailored cash flow services. Through these innovations, ProducePay is committed to delivering fresher produce to consumers while promoting sustainable practices within the global fresh produce industry.
Nuvemshop
Series C in 2020
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online businesses easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.
Fondeadora
Series A in 2020
Fondeadora is a digital banking service founded in 2018 and headquartered in Mexico City, Mexico. The company aims to address the inefficiencies of traditional banking by offering a free debit card linked to a user-friendly mobile app. This platform allows users to pay, store, and manage their money without the complications often associated with conventional banking systems. In addition to basic banking functions, Fondeadora operates as a crowdfunding platform, enabling customers and businesses to monitor their expenses, receive immediate notifications, and raise funds securely. This innovative approach enhances financial management for its users while eliminating unnecessary fees and paperwork.
Ofi
Convertible Note in 2020
Ofi is a company that provides technology solutions to businesses of all sizes, from small enterprises to large corporations. Founded by Peter Otroske in April 2014 and headquartered in Bogotá, Colombia, Ofi operates a B2B portal that offers a range of products, including stationery, software, and hardware. Additionally, the company focuses on digital transformation through managed services, offering solutions such as public cloud management, data center services, and process automation. By helping clients explore innovative concepts and enhance their return on investment, Ofi aims to deliver tailored technological solutions that meet the specific needs of its customers.
Arcus Financial Intelligence
Series A in 2020
Arcus Financial Intelligence, Inc. is a New York-based company that develops and operates a comprehensive application program interface (API) platform tailored for banks and financial institutions. Founded in 2012 and formerly known as Regalii Inc., Arcus specializes in managing consumer bills and financial data. Its platform enables real-time bill management and payment services, providing users with a detailed overview of their financial obligations, including the number of bills, amounts owed, and due dates. Additionally, Arcus offers a multi-rail payment platform that facilitates accessible payment solutions for businesses, supporting various payment methods such as account-to-account transfers and cash transactions.
Lentesplus
Series D in 2020
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
Virket
Seed Round in 2020
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.
UnDosTres
Convertible Note in 2019
UnDosTres is an innovative online payment platform based in Mexico, designed to transform the consumer payments landscape. The company provides a secure and reliable alternative for users to pay for a wide range of services, including mobile and DTH recharges, utility bills like electricity and water, and even movie tickets. By enabling transactions through various methods such as credit and debit cards, bank transfers, and digital wallets, UnDosTres simplifies the online payment process. Recognized as one of the fastest-growing startups in Mexico, the company has earned accolades, including being named the Best Fintech Startup in Emerging Markets, reflecting its commitment to enhancing the way consumers manage their payments.
Fondeadora
Venture Round in 2019
Fondeadora is a digital banking service founded in 2018 and headquartered in Mexico City, Mexico. The company aims to address the inefficiencies of traditional banking by offering a free debit card linked to a user-friendly mobile app. This platform allows users to pay, store, and manage their money without the complications often associated with conventional banking systems. In addition to basic banking functions, Fondeadora operates as a crowdfunding platform, enabling customers and businesses to monitor their expenses, receive immediate notifications, and raise funds securely. This innovative approach enhances financial management for its users while eliminating unnecessary fees and paperwork.
Kinedu
Series A in 2019
Kinedu is an educational platform focused on fostering nourishing and meaningful relationships between parents and their children through creative activities. The platform offers personalized, engaging video-based developmental activities designed to support parents in enhancing the cognitive, social, linguistic, emotional, and physical growth of their toddlers during early development. By providing tailored content, Kinedu aims to empower parents in their children's formative years, making the learning experience both enjoyable and impactful.
Sr.Pago
Convertible Note in 2019
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.
Takeoff
Series C in 2019
Takeoff Technologies Inc., established in 2016 and headquartered in Waltham, Massachusetts, specializes in automated grocery fulfillment systems for online grocery retailers. Its platform integrates retailers, real estate, and automation technology, connecting them directly with consumers. Takeoff's strategic partnership with Albertsons Companies demonstrates its commitment to helping grocers succeed in the e-commerce landscape. By utilizing robots in micro fulfillment centers, Takeoff's system enables retailers to lower last-mile and assembly costs, providing them with the flexibility to grow and adapt to their customers' evolving needs.
Covalto
Series B in 2019
Covalto, formerly known as Credijusto, is a financial technology company based in Mexico City that specializes in providing comprehensive financial solutions for small and medium-sized enterprises (SMEs). Founded in 2015, Covalto has developed a robust technology infrastructure that utilizes digital tax, e-invoice, and financial data to streamline the underwriting and servicing of SMEs. The company offers a multi-product credit platform, banking services, and a suite of business analytics tools, all designed to facilitate accessible and transparent credit for business growth. In 2021, Covalto distinguished itself as the first fintech in Mexico to acquire a regulated bank, further enhancing its digital banking and service offerings for SMEs.
Ofi
Series B in 2019
Ofi is a company that provides technology solutions to businesses of all sizes, from small enterprises to large corporations. Founded by Peter Otroske in April 2014 and headquartered in Bogotá, Colombia, Ofi operates a B2B portal that offers a range of products, including stationery, software, and hardware. Additionally, the company focuses on digital transformation through managed services, offering solutions such as public cloud management, data center services, and process automation. By helping clients explore innovative concepts and enhance their return on investment, Ofi aims to deliver tailored technological solutions that meet the specific needs of its customers.
Apli
Seed Round in 2019
Apli is a software company that specializes in streamlining recruitment, onboarding, and learning processes for large employers in Latin America and the U.S. The company operates an online end-to-end recruitment platform designed to facilitate the identification and hiring of suitable candidates. Apli leverages artificial intelligence technologies, including chatbots and machine learning, to enhance recruiting processes and effectively match qualified personnel with specific job openings. Its user-friendly solutions cater particularly to large enterprises with substantial numbers of frontline workers, ultimately aiming to boost workforce productivity and improve the overall experience for both candidates and employees.
Afluenta
Series C in 2019
Afluenta S.A. is a pioneering company based in Buenos Aires, Argentina, specializing in peer-to-peer lending and loans through its innovative online platform. Founded in 2008, Afluenta connects borrowers with lenders, allowing individuals and small to medium-sized enterprises (SMEs) to access loans at more competitive rates than those offered by traditional financial institutions. The platform not only provides borrowers with easier access to credit but also offers investors attractive yields on their funds. Afluenta operates in multiple countries across Latin America, including Argentina, Mexico, and Peru, with plans for future expansion into Colombia and Brazil. Its fully automated marketplace lending model features real-time credit assessment, risk scoring, and a secondary market where investors can trade loans, enhancing liquidity and efficiency in the lending process.
DogHero
Series C in 2019
DogHero, Ltd. is a company based in São Paulo, Brazil, that operates a peer-to-peer platform designed to connect pet owners with trusted sitters. Founded in 2014, DogHero provides a marketplace for various pet care services, including dog boarding, sitting, walking, and daycare. The platform allows pet owners to find reliable hosts who can care for their dogs in a familiar environment while they are away. By facilitating these connections, DogHero aims to ensure that pets receive the attention and care they need, maintaining their regular routines. As of October 2020, DogHero is a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.
Abra
Series B in 2019
Abra is a cryptocurrency platform established in 2014, designed to provide a straightforward and secure environment for individuals and businesses to buy, trade, and borrow against cryptocurrencies. Based in the United States and operational in over 150 countries, Abra facilitates easy conversion between cryptocurrencies and various local fiat currencies. The platform serves a diverse clientele, including high-net-worth individuals, family offices, registered investment advisors, and institutions, offering customizable services that allow users to manage their crypto portfolios effectively. With over two million customers and $9 billion processed in transactions, Abra has positioned itself as a trusted solution in the cryptocurrency market, earning recognition as one of the top five crypto wallets. The company is supported by prominent investors, reinforcing its commitment to creating an open and accessible global financial system.
Fondeadora
Seed Round in 2019
Fondeadora is a digital banking service founded in 2018 and headquartered in Mexico City, Mexico. The company aims to address the inefficiencies of traditional banking by offering a free debit card linked to a user-friendly mobile app. This platform allows users to pay, store, and manage their money without the complications often associated with conventional banking systems. In addition to basic banking functions, Fondeadora operates as a crowdfunding platform, enabling customers and businesses to monitor their expenses, receive immediate notifications, and raise funds securely. This innovative approach enhances financial management for its users while eliminating unnecessary fees and paperwork.
Virket
Seed Round in 2019
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.
Rapyd
Series B in 2019
Rapyd is a payments platform that integrates fintech services into applications, streamlining access to a variety of local payment methods. It empowers e-commerce merchants, gig platforms, challenger wallets, remittance services, online lenders, and traditional banks to overcome the constraints of outdated infrastructure. By facilitating the creation of innovative, mobile-friendly payment solutions, Rapyd enhances the financial capabilities of its users, allowing them to adapt to the evolving demands of the digital economy.
GoTrendier
Venture Round in 2019
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.
Arcus Financial Intelligence
Series A in 2018
Arcus Financial Intelligence, Inc. is a New York-based company that develops and operates a comprehensive application program interface (API) platform tailored for banks and financial institutions. Founded in 2012 and formerly known as Regalii Inc., Arcus specializes in managing consumer bills and financial data. Its platform enables real-time bill management and payment services, providing users with a detailed overview of their financial obligations, including the number of bills, amounts owed, and due dates. Additionally, Arcus offers a multi-rail payment platform that facilitates accessible payment solutions for businesses, supporting various payment methods such as account-to-account transfers and cash transactions.
Lentesplus
Series C in 2018
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
UnDosTres
Series A in 2018
UnDosTres is an innovative online payment platform based in Mexico, designed to transform the consumer payments landscape. The company provides a secure and reliable alternative for users to pay for a wide range of services, including mobile and DTH recharges, utility bills like electricity and water, and even movie tickets. By enabling transactions through various methods such as credit and debit cards, bank transfers, and digital wallets, UnDosTres simplifies the online payment process. Recognized as one of the fastest-growing startups in Mexico, the company has earned accolades, including being named the Best Fintech Startup in Emerging Markets, reflecting its commitment to enhancing the way consumers manage their payments.
Takeoff
Series B in 2018
Takeoff Technologies Inc., established in 2016 and headquartered in Waltham, Massachusetts, specializes in automated grocery fulfillment systems for online grocery retailers. Its platform integrates retailers, real estate, and automation technology, connecting them directly with consumers. Takeoff's strategic partnership with Albertsons Companies demonstrates its commitment to helping grocers succeed in the e-commerce landscape. By utilizing robots in micro fulfillment centers, Takeoff's system enables retailers to lower last-mile and assembly costs, providing them with the flexibility to grow and adapt to their customers' evolving needs.
GoTrendier
Series B in 2018
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.
Kinedu
Series A in 2018
Kinedu is an educational platform focused on fostering nourishing and meaningful relationships between parents and their children through creative activities. The platform offers personalized, engaging video-based developmental activities designed to support parents in enhancing the cognitive, social, linguistic, emotional, and physical growth of their toddlers during early development. By providing tailored content, Kinedu aims to empower parents in their children's formative years, making the learning experience both enjoyable and impactful.
Rapyd
Series B in 2018
Rapyd is a payments platform that integrates fintech services into applications, streamlining access to a variety of local payment methods. It empowers e-commerce merchants, gig platforms, challenger wallets, remittance services, online lenders, and traditional banks to overcome the constraints of outdated infrastructure. By facilitating the creation of innovative, mobile-friendly payment solutions, Rapyd enhances the financial capabilities of its users, allowing them to adapt to the evolving demands of the digital economy.
Covalto
Series A in 2018
Covalto, formerly known as Credijusto, is a financial technology company based in Mexico City that specializes in providing comprehensive financial solutions for small and medium-sized enterprises (SMEs). Founded in 2015, Covalto has developed a robust technology infrastructure that utilizes digital tax, e-invoice, and financial data to streamline the underwriting and servicing of SMEs. The company offers a multi-product credit platform, banking services, and a suite of business analytics tools, all designed to facilitate accessible and transparent credit for business growth. In 2021, Covalto distinguished itself as the first fintech in Mexico to acquire a regulated bank, further enhancing its digital banking and service offerings for SMEs.
Sr.Pago
Series B in 2018
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.
GoTrendier
Seed Round in 2018
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. The platform allows users to list their unused or gently used fashion items for free, enabling them to earn money from their closets. In addition to selling, users can browse and purchase clothing from other individuals, providing a marketplace for sustainable fashion choices. GoTrendier aims to connect users looking to refresh their wardrobes while promoting the recycling of fashion items.
Virket
Seed Round in 2018
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.
DogHero
Series B in 2017
DogHero, Ltd. is a company based in São Paulo, Brazil, that operates a peer-to-peer platform designed to connect pet owners with trusted sitters. Founded in 2014, DogHero provides a marketplace for various pet care services, including dog boarding, sitting, walking, and daycare. The platform allows pet owners to find reliable hosts who can care for their dogs in a familiar environment while they are away. By facilitating these connections, DogHero aims to ensure that pets receive the attention and care they need, maintaining their regular routines. As of October 2020, DogHero is a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.
VISOR ADL
Seed Round in 2017
Visor ADL, S.A.P.I. de C.V. is a Mexico City-based company that specializes in developing a loan originator and customer management platform tailored for financial institutions. Founded in 2015, the company provides a range of services including customer management, dynamic risk analytics, proactive loan placement, and dynamic portfolio management. Visor ADL aims to empower enterprises by offering data and insights to facilitate critical financing and trade decisions related to private companies. The company is focused on building a comprehensive Enterprise Health Bureau in e-invoicing countries and operates in both Mexico and Brazil. It is backed by several venture capital firms, highlighting its commitment to innovation in the financial sector.
Abra
Series B in 2017
Abra is a cryptocurrency platform established in 2014, designed to provide a straightforward and secure environment for individuals and businesses to buy, trade, and borrow against cryptocurrencies. Based in the United States and operational in over 150 countries, Abra facilitates easy conversion between cryptocurrencies and various local fiat currencies. The platform serves a diverse clientele, including high-net-worth individuals, family offices, registered investment advisors, and institutions, offering customizable services that allow users to manage their crypto portfolios effectively. With over two million customers and $9 billion processed in transactions, Abra has positioned itself as a trusted solution in the cryptocurrency market, earning recognition as one of the top five crypto wallets. The company is supported by prominent investors, reinforcing its commitment to creating an open and accessible global financial system.
Bind ERP
Series A in 2017
Bind ERP is a cloud-based management and billing system designed for small and medium-sized businesses. The company provides tools that facilitate the management of various aspects of business operations, including purchases, sales, production, accounting, finance, and payroll. By offering a comprehensive platform, Bind ERP enables businesses to enhance their operational efficiency and streamline processes, ultimately supporting growth and digital transformation.
Finnovista
Venture Round in 2017
Finnovista is an accelerator and venture capital firm focused on transforming the financial services and insurance sectors by fostering collaboration between large corporations and startups in the fintech and insurtech industries. Established in 2012 and headquartered in Madrid, Spain, with an additional office in Mexico City, Finnovista offers a three-month acceleration program designed to support the growth of startups in Latin America and Spain. The firm is recognized as a key player in the startup ecosystem and is particularly active in investing in fintech innovations. Finnovista also organizes FINNOSUMMIT, a leading conference in the fintech and insurtech space in Latin America, and develops various corporate innovation programs in partnership with major financial institutions. Through these initiatives, Finnovista aims to empower entrepreneurs and promote financial inclusion by connecting them with essential resources and networks in the industry.
PENTA Football
Seed Round in 2017
PENTA Football specializes in the distribution of football highlights, providing fans with access to key moments from matches. The company focuses on leveraging its unique content creation capabilities to enhance the viewing experience in the sports industry. By collaborating with various partners, PENTA Football aims to meet diverse digital transformation needs, ensuring that the content remains engaging and relevant to audiences.
Apli
Seed Round in 2017
Apli is a software company that specializes in streamlining recruitment, onboarding, and learning processes for large employers in Latin America and the U.S. The company operates an online end-to-end recruitment platform designed to facilitate the identification and hiring of suitable candidates. Apli leverages artificial intelligence technologies, including chatbots and machine learning, to enhance recruiting processes and effectively match qualified personnel with specific job openings. Its user-friendly solutions cater particularly to large enterprises with substantial numbers of frontline workers, ultimately aiming to boost workforce productivity and improve the overall experience for both candidates and employees.
Lentesplus
Series B in 2017
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
Afluenta
Series B in 2017
Afluenta S.A. is a pioneering company based in Buenos Aires, Argentina, specializing in peer-to-peer lending and loans through its innovative online platform. Founded in 2008, Afluenta connects borrowers with lenders, allowing individuals and small to medium-sized enterprises (SMEs) to access loans at more competitive rates than those offered by traditional financial institutions. The platform not only provides borrowers with easier access to credit but also offers investors attractive yields on their funds. Afluenta operates in multiple countries across Latin America, including Argentina, Mexico, and Peru, with plans for future expansion into Colombia and Brazil. Its fully automated marketplace lending model features real-time credit assessment, risk scoring, and a secondary market where investors can trade loans, enhancing liquidity and efficiency in the lending process.
Nuvemshop
Series B in 2017
Nuvemshop provides entrepreneurs and SMBs with the tools to set up, manage, and promote their online businesses easily from any device. With the suite of tools around payments, shipping, inventory management, and marketing provided by the company, owners are enabled to participate in the e-commerce market, ramp up their sales, reduce costs, and provide their end customers with a shopping experience. In 2011, co-founders Alejandro Alfonso, Santiago Sosa, Jose Abuchaem, Martin Palombo, and Alejandro Vazquez established Nuvemshop in 2011.
KarmaPulse
Seed Round in 2017
KarmaPulse is a company that specializes in helping brands, companies, agencies, and entrepreneurs in the Spanish-speaking market translate social data into meaningful human experiences. Through its innovative platform, KarmaPulse offers tools for real-time analysis, interpretation, comparison, and exposure of social media interactions. This enables clients to gain valuable social intelligence, allowing them to effectively connect and engage with their target audiences. The company provides two distinct products, KarmaMetrics and KarmaBoards, which facilitate a deeper understanding of social media dynamics and enhance user interaction.
Sr.Pago
Series A in 2017
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.
Rocket.la
Convertible Note in 2017
Rocket.la is the largest platform for financial advice in Mexico, boasting over 4 million registered users, with 1.6 million having provided access to their credit history. By leveraging this data, Rocket.la has established the most comprehensive Credit Marketplace in the region. The company focuses on enhancing users' credit scores and overall financial health, offering tools and resources that help customers navigate important financial decisions related to credit reports and scores. Its platform is designed to enable users to achieve their financial objectives in an efficient, responsible, and organized manner, empowering them to take control of their financial lives.
Airtm
Seed Round in 2017
Airtm Inc., established in 2015, operates an online platform enabling users worldwide to send, receive, and store money in U.S. dollars. The company connects users with certified cashiers who facilitate transactions, with Airtm Inc. earning a commission. Airtm Inc. is headquartered in Dover, Delaware, and its services are accessible via a web-based platform.
Pangea Money Transfer
Series B in 2016
Pangea Money Transfer is a mobile-centric money transfer platform founded in 2012 and headquartered in Chicago, Illinois. The company enables users to send money from the United States to 15 countries across Latin America and Asia in under 30 seconds for a low flat fee. The platform offers features such as automatic transfers, international bill payments, and remittance integration, ensuring fast, secure, and convenient transactions. Recipients can collect cash at thousands of retail locations or have funds directly deposited into a bank account or onto a debit card, making money movement accessible and efficient for users on the go.
Sr.Pago
Seed Round in 2016
Sr.Pago is a mobile point of sale (MPOS) system that enables individuals and small businesses to receive card payments via smartphones and tablets. It enables users to have access to banking-related services via a chip-based debit card, a card reader that connects to any smartphone or tablet, and an app for managing transactions. The MPOS system enables its users to accept credit card payment for the services they render, transfer that money to a reloadable MasterCard debit card, and make purchases with those funds anywhere MasterCard is accepted, and a withdraw cash from any Walmart-affiliated location in Mexico. It is available for iPods, iPads, and iPhones as well as Android platforms. Sr.Pago was launched in 2010 and its operations are based in Mexico City, Distrito Federal.
PENTA Football
Seed Round in 2016
PENTA Football specializes in the distribution of football highlights, providing fans with access to key moments from matches. The company focuses on leveraging its unique content creation capabilities to enhance the viewing experience in the sports industry. By collaborating with various partners, PENTA Football aims to meet diverse digital transformation needs, ensuring that the content remains engaging and relevant to audiences.
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.
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.
Provive
Venture Round in 2011
Provive is a company focused on the acquisition, refurbishment, and sale of foreclosed homes, particularly in low-income housing developments. It aims to revitalize communities by transforming abandoned properties into livable homes, thereby addressing housing shortages for low-income families. By actively engaging with local communities, Provive fosters neighborhood participation in its revitalization efforts, ensuring that the restoration of these homes aligns with community needs and aspirations. The company's commitment to social impact is evident in its mission to provide affordable housing solutions through the rehabilitation of adjudicated houses.
Ver De Verdad
Series B in 2011
Ver de Verdad is a retailer focused on providing affordable optical products and services to low-income populations. The company operates a chain of small eye-care shops that offer a range of products, including eyeglasses, contact lenses, and comprehensive vision care services, such as free eye testing. Ver de Verdad aims to establish a strong market presence by emphasizing low pricing, quick delivery within 45 minutes, conveniently located shops, and a carefully curated selection of products to meet customer needs. This approach enables individuals to effectively address their optical issues and gain access to essential vision care.
Lumbrera
Series B in 2011
Lumbrera is a company that specializes in innovation and strategic design consultancy services, focusing on creating tailored solutions to meet specific business needs. It offers expertise in digital transformation and is involved in the design, development, and implementation of products and ideas. By leveraging its consultancy services, Lumbrera aims to enable companies to enhance their operations and drive growth.
Agua Natural
Venture Round in 2011
Agua Natural is a home purified water distribution network.
Barared
Venture Round in 2010
Barared offers various telecommunications services, such as local, long-distance, and cellular calls; cellular airtime recharges; sending messages; and paying for services like water, electricity, gas, and more.
Lumbrera
Series A in 2010
Lumbrera is a company that specializes in innovation and strategic design consultancy services, focusing on creating tailored solutions to meet specific business needs. It offers expertise in digital transformation and is involved in the design, development, and implementation of products and ideas. By leveraging its consultancy services, Lumbrera aims to enable companies to enhance their operations and drive growth.
MeXvi
Venture Round in 2010
MeXvi is a prominent provider of comprehensive solutions for assisted self-construction of affordable homes, primarily targeting rural and semi-urban areas in Mexico. Founded in 2006, the company has played a crucial role in the construction of nearly 4,900 homes across 15 states, contributing to the reconstruction of communities affected by disasters and improving the living conditions of approximately 25,000 individuals. By offering a range of products and services aligned with housing policies, MeXvi aims to address the needs of various communities seeking quality housing at fair prices. The company is dedicated to fostering self-construction initiatives that empower families and promote sustainable neighborhood development.
IGNIA Shared Services
Venture Round in 2008
IGNIA Shared Services (ISS), a wholly-owned subsidiary of the IGNIA Fund, provides for the administrative, transactional processing and back-office needs of small and medium enterprises (SMEs)—including most of the IGNIA’s portfolio companies—that allow entrepreneurs and business owners to focus on what they know best: their core business. ISS’ core competency is the establishment and implementation of effective and efficient administrative platforms capable of sustaining dramatic growth. Scalability for nascent enterprises is critical, and depends highly on transactional effectiveness and the ability to deliver high volumes of goods and services at optimal per-unit prices. Without an appropriate administrative platform, the potential of even the most innovative business concepts will remain unfulfilled.
Primedic
Series A in 2008
Primedic is a healthcare company focused on providing essential medical equipment and services. It operates primarily in Mexico, where it caters to the base of the pyramid by ensuring access to vital healthcare solutions. The company specializes in the manufacture and distribution of automatic defibrillator products, which include ECG monitors, energy modules, cables, and paddles. These products are designed to support hospitals, emergency services, and healthcare professionals in effectively treating patients. Through its innovative offerings, Primedic aims to enhance the quality of emergency medical care and improve health outcomes in underserved communities.
IGNIA
Venture Round in 2008
IGNIA Partners, LLC, established in 2007, is a venture capital firm headquartered in Mexico City, with an additional office in Monterrey. The firm specializes in early to late-stage investments, focusing on companies that provide innovative technology solutions addressing fundamental needs in Latin America, particularly those serving low-income populations. IGNIA invests in sectors such as healthtech, fintech, SaaS, edtech, e-commerce, and AI-enabled platforms, seeking to acquire significant equity stakes, often up to 100%, and aiming for a seat on the board of its portfolio companies. The firm typically invests between $2 million and $11 million in equity, targeting companies based in Mexico and Latin America, and considers co-investments with other organizations. IGNIA's investments are guided by a mission to deliver positive impact on people's lives through goods and services in areas like healthcare, housing, education, financial services, and basic utilities.
Aviva
Aviva is an innovative digital bank focused on providing financial services to underbanked communities in Latin America, particularly targeting Mexico's population of over 40 million individuals. By leveraging artificial intelligence and video technology, Aviva aims to bridge the gap for those living in remote areas through physical onboarding kiosks. These nano-branches facilitate a seamless onboarding process, allowing customers to complete a documentless, three-minute video application for credit. Aviva’s unique approach includes using natural language processing to analyze spoken responses and assess emotional cues, which enhances its ability to evaluate thin-file customers. By employing these advanced risk models, Aviva is committed to offering unsecured credit products at competitive interest rates, thereby supporting the financial inclusion of underserved individuals and nano-businesses.
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