Nazca

Nazca is a venture capital firm established in 2014 and based in Coral Gables, Florida. The firm specializes in supporting bold entrepreneurs who are developing transformative technology-enabled businesses, primarily in Latin America and the United States. Nazca offers multi-stage venture capital and leverages a comprehensive local and global network to assist founders in achieving their goals. The firm provides valuable resources, including market intelligence, strategic insights, legal and regulatory guidance, talent acquisition, and access to premium business partnerships. With a focus on breakthrough propositions in Latin America's untapped markets and innovations from early-adopting markets like the U.S., Nazca aims to foster growth and innovation in the technology sector. The firm has operations in major cities such as San Francisco, Mexico City, Bogota, Buenos Aires, and Santiago, reflecting its commitment to a broad geographic reach and impactful investments.

Adolfo Blasco

Principal

Max Grekin

Managing Partner

German Ahumada Lomelin

Partner

Felipe Henriquez Meyer

Managing Partner

Juan Carlos Monroy

Principal

Gaspar de Osma

Principal

Pablo Retana

Principal

Laura Ruiz

Associate

Hector Sepulveda Reyes Retana

Co-Founder and Managing Partner

María Téllez

Principal

Natalia Sánchez Vargas

Associate

Raul Villarreal

Partner

Jaime Zunzunegui

Co-Founder and Co-Managing Partner

Arturo Ivan C.

Managing Partner

Past deals in Mexico

Welbe

Pre Seed Round in 2022
We're transforming access to primary health care in Mexico by providing companies access to prevention and information on the health and well-being of their employees while providing quality primary care at an affordable cost to their employees and their families. We leverage technology with an innovative business model to provide laboratory studies, physical examination checkups, medical consultations with our medical team composed of preventive general medicine and nutrition, we also give them access to our network of specialist doctors, clinics, and laboratories.

Fairplay

Debt Financing in 2022
Fairplay is a performance-based financing platform that aids e-commerce companies in their growth by providing revenue advances specifically for marketing expenditures. Founded in 2019 and based in Mexico City, Fairplay utilizes advanced data analytics to optimize investments in clients' digital marketing campaigns. The funding model allows clients to receive an upfront capital injection in exchange for a consistent share of their revenues until the amount is fully repaid, along with a fixed service fee. This approach enables businesses to effectively scale their marketing efforts while managing their cash flow.

Fairplay

Series A in 2022
Fairplay is a performance-based financing platform that aids e-commerce companies in their growth by providing revenue advances specifically for marketing expenditures. Founded in 2019 and based in Mexico City, Fairplay utilizes advanced data analytics to optimize investments in clients' digital marketing campaigns. The funding model allows clients to receive an upfront capital injection in exchange for a consistent share of their revenues until the amount is fully repaid, along with a fixed service fee. This approach enables businesses to effectively scale their marketing efforts while managing their cash flow.

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.

Meru

Series A in 2021
Operator of a one-stop-shop marketplace intended to facilitate the Asian wholesale market. The company's B2B wholesale marketplace allows small business owners to grow by providing access to inventory and fair financing and develops cross-border technology and infrastructure to digitize trade and sourcing for all parties across the supply chain, enabling businesses to save import costs with the help of a pricing algorithm.

Meru

Seed Round in 2021
Operator of a one-stop-shop marketplace intended to facilitate the Asian wholesale market. The company's B2B wholesale marketplace allows small business owners to grow by providing access to inventory and fair financing and develops cross-border technology and infrastructure to digitize trade and sourcing for all parties across the supply chain, enabling businesses to save import costs with the help of a pricing algorithm.

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.

Wonder Brands

Venture 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.

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.

Cargamos

Seed Round in 2021
As a warehouse and last-mile logistics platform, Cargamos turns excess capacity from malls, parking lots, and storage facilities into fulfillment centers for quick commerce across Latam.

albo

Series B in 2020
albo is a leading challenger bank in Mexico that provides a mobile banking platform designed to simplify money management. It offers users a banking account and a Mastercard, facilitating easy spending, saving, and investment. The account can be opened in just 60 seconds through a mobile device, allowing access to personalized financial tools that support informed decision-making. Additionally, albo enables free money transfers to any bank around the clock. Its application features real-time tracking of monetary movements, categorized expenses, and income reports, helping clients gain a clearer understanding of their financial activities while accessing innovative banking functions.

Heru

Pre Seed Round in 2020
Heru builds the a community of gig-economy workers and have a suite of services that help improve their way of life and general well-being. The company's mission is to improve the conditions of independent workers by building, through technology, services, and benefits according to their needs and lifestyle.

Jüsto

Seed Round in 2020
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.

Grow Mobility

Acquisition in 2020
Grow Mobility is a micromobility and payments platform based in Latin America, formed from the merger of Grin, a Mexican scooter pioneer, and Yellow, a Brazilian multimodal and payment provider. The company focuses on offering electric bikes and scooters to enhance urban mobility solutions. Currently operating in stealth mode, Grow aims to address transportation challenges in the region by providing accessible and sustainable alternatives to traditional transportation methods.

TrueHome

Series A in 2020
TrueHome Holdings, S.A.P.I. de C.V. is a Mexican real estate company based in Mexico City that offers a range of services to both businesses and individuals in the real estate sector. Founded in 2017, TrueHome aims to enhance the selling experience for homeowners by providing comprehensive support throughout the entire process. The company offers two payment plans: a single payment option that includes professional photography, a 360º property tour, architectural layout plans, sale brochures, and legal advice, and a "pay when selling" option that provides similar services without an exclusive commission. TrueHome also operates an online platform that facilitates property listings and assists clients in navigating the complexities of real estate transactions, ensuring transparency and efficiency in the process.

albo

Series A in 2019
albo is a leading challenger bank in Mexico that provides a mobile banking platform designed to simplify money management. It offers users a banking account and a Mastercard, facilitating easy spending, saving, and investment. The account can be opened in just 60 seconds through a mobile device, allowing access to personalized financial tools that support informed decision-making. Additionally, albo enables free money transfers to any bank around the clock. Its application features real-time tracking of monetary movements, categorized expenses, and income reports, helping clients gain a clearer understanding of their financial activities while accessing innovative banking functions.

Fairplay

Seed Round in 2019
Fairplay is a performance-based financing platform that aids e-commerce companies in their growth by providing revenue advances specifically for marketing expenditures. Founded in 2019 and based in Mexico City, Fairplay utilizes advanced data analytics to optimize investments in clients' digital marketing campaigns. The funding model allows clients to receive an upfront capital injection in exchange for a consistent share of their revenues until the amount is fully repaid, along with a fixed service fee. This approach enables businesses to effectively scale their marketing efforts while managing their cash flow.

Jüsto

Seed Round in 2019
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.

minu

Seed Round in 2019
Minu Servicios, S.A.P.I de C.V. operates an application called minu, which allows employees in Mexico to access their earned salaries before the official payroll date. By providing this service, Minu aims to enhance the financial well-being of workers, enabling them to manage their finances more effectively. The company collaborates with human resources departments to implement its solution, which is designed to improve employee satisfaction, retention, and talent attraction. Minu is backed by prominent institutional investors in the FinTech sector, reflecting its potential to transform the payroll experience in Mexico.

Urbvan

Series A in 2019
Urbvan is an app-based mass transit mobility network that focuses on improving inner-city commuting in Latin America. Founded in 2016, the company provides a daily commute transportation system that emphasizes safety, comfort, and efficiency. Urbvan operates a network of express routes with no intermediary stops, offering strategically selected pickup and drop-off locations. Users benefit from professional chauffeurs, comfortable seating, Wi-Fi access, and charging ports for electronic devices, all designed to enhance their commuting experience. By leveraging technology, Urbvan aims to minimize travel times and streamline daily routines for its users.

albo

Series A in 2019
albo is a leading challenger bank in Mexico that provides a mobile banking platform designed to simplify money management. It offers users a banking account and a Mastercard, facilitating easy spending, saving, and investment. The account can be opened in just 60 seconds through a mobile device, allowing access to personalized financial tools that support informed decision-making. Additionally, albo enables free money transfers to any bank around the clock. Its application features real-time tracking of monetary movements, categorized expenses, and income reports, helping clients gain a clearer understanding of their financial activities while accessing innovative banking functions.

BEWE (formerly miora)

Series A in 2018
Founded in 2016 and launched in five countries — Spain, Mexico, Colombia, Peru and Chile — BEWE operates a SaaS platform for beauty & wellness centers.

TrueHome

Seed Round in 2018
TrueHome Holdings, S.A.P.I. de C.V. is a Mexican real estate company based in Mexico City that offers a range of services to both businesses and individuals in the real estate sector. Founded in 2017, TrueHome aims to enhance the selling experience for homeowners by providing comprehensive support throughout the entire process. The company offers two payment plans: a single payment option that includes professional photography, a 360º property tour, architectural layout plans, sale brochures, and legal advice, and a "pay when selling" option that provides similar services without an exclusive commission. TrueHome also operates an online platform that facilitates property listings and assists clients in navigating the complexities of real estate transactions, ensuring transparency and efficiency in the process.

Creze

Series A in 2017
Creze is a financial services company based in Mexico City, established in 2015. It specializes in providing unsecured business loans to small and medium-sized enterprises in Mexico, aiming to facilitate growth and improve working capital management. The company leverages technology to streamline risk assessment and management, allowing for quick analysis of loan requests. Creze offers loans with favorable terms, including no pre-payment penalties and no credit history requirements, ensuring access to credit for the entrepreneurial community. The firm emphasizes rapid disbursal, enabling businesses to receive funds promptly to support their financial needs. As of 2019, Creze operates as a subsidiary of Polygon Fintech.

Luuna

Series A in 2017
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!

Urbvan

Seed Round in 2017
Urbvan is an app-based mass transit mobility network that focuses on improving inner-city commuting in Latin America. Founded in 2016, the company provides a daily commute transportation system that emphasizes safety, comfort, and efficiency. Urbvan operates a network of express routes with no intermediary stops, offering strategically selected pickup and drop-off locations. Users benefit from professional chauffeurs, comfortable seating, Wi-Fi access, and charging ports for electronic devices, all designed to enhance their commuting experience. By leveraging technology, Urbvan aims to minimize travel times and streamline daily routines for its users.

Petsy

Venture Round in 2017
Petsy.mx is Mexico's premier petcare e-tailer. It offers a wide selection of products across a broad variety of pet types, helping its customers avoid the hassle of walking to and from the store and the convenience of having the widest assortment of pet supplies in the country right at their fingertips. The company operates daily to offer pets a variety of quality products and an excellent delivery experience directly to a home and at a good price. Petsy.mx was founded on 2013 and is headquartered in Mexico.

Creze

Seed Round in 2016
Creze is a financial services company based in Mexico City, established in 2015. It specializes in providing unsecured business loans to small and medium-sized enterprises in Mexico, aiming to facilitate growth and improve working capital management. The company leverages technology to streamline risk assessment and management, allowing for quick analysis of loan requests. Creze offers loans with favorable terms, including no pre-payment penalties and no credit history requirements, ensuring access to credit for the entrepreneurial community. The firm emphasizes rapid disbursal, enabling businesses to receive funds promptly to support their financial needs. As of 2019, Creze operates as a subsidiary of Polygon Fintech.

TappTime

Seed Round in 2016
TAPPTIME S.A.P.I. de C.V. operates a user-recommendation-based social advertising platform for online games. The mobile application functions by bringing together brands that sponsor prizes and users who promote the prize on social networking sites. The company is based in Mexico City, Mexico.

Kavak

Seed Round in 2016
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.

TappTime

Seed Round in 2016
TAPPTIME S.A.P.I. de C.V. operates a user-recommendation-based social advertising platform for online games. The mobile application functions by bringing together brands that sponsor prizes and users who promote the prize on social networking sites. The company is based in Mexico City, Mexico.

Urbvan

Angel Round in 2016
Urbvan is an app-based mass transit mobility network that focuses on improving inner-city commuting in Latin America. Founded in 2016, the company provides a daily commute transportation system that emphasizes safety, comfort, and efficiency. Urbvan operates a network of express routes with no intermediary stops, offering strategically selected pickup and drop-off locations. Users benefit from professional chauffeurs, comfortable seating, Wi-Fi access, and charging ports for electronic devices, all designed to enhance their commuting experience. By leveraging technology, Urbvan aims to minimize travel times and streamline daily routines for its users.

Nubleer

Series A in 2016
Nubleer Media, S.A.P.I. de C.V. is a Mexican company based in Mexico City that operates an online reading platform, offering a subscription service for digital content. Users have unlimited access to a diverse range of magazines, books, comics, and newspapers for a monthly fee, which ranges from MX$69.00 to MX$109.00. The platform is designed for convenience, allowing users to read content via a web viewer or mobile applications on both Android and iOS devices. Nubleer also helps publishers distribute their digital content through an innovative revenue-sharing model and provides them with valuable metrics about their publications. The service continuously updates to ensure that users receive the latest news and insights in real time, making it a comprehensive hub for media consumption.

Luuna

Seed Round in 2016
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!

Miora

Venture Round in 2015
Online platform for beauty services.

BEWE (formerly miora)

Venture Round in 2015
Founded in 2016 and launched in five countries — Spain, Mexico, Colombia, Peru and Chile — BEWE operates a SaaS platform for beauty & wellness centers.

Drivin

Seed Round in 2015
Drivin is a cloud-based platform that offers fleet routing solutions to its clients. The platform's range of features consist of optimization, tracking, and analytics. It provides its users with information on delivery time windows, service time, and route monitoring. Furthermore, it provides its users with an analytical dashboard that allows them to monitor and evaluate trends and metrics. Drivin was launched in 2015 by Ernesto Goycoolea, Nicolas Kuntsmann, Brad Keywell, and Pablo Godoy.

Nubleer

Seed Round in 2015
Nubleer Media, S.A.P.I. de C.V. is a Mexican company based in Mexico City that operates an online reading platform, offering a subscription service for digital content. Users have unlimited access to a diverse range of magazines, books, comics, and newspapers for a monthly fee, which ranges from MX$69.00 to MX$109.00. The platform is designed for convenience, allowing users to read content via a web viewer or mobile applications on both Android and iOS devices. Nubleer also helps publishers distribute their digital content through an innovative revenue-sharing model and provides them with valuable metrics about their publications. The service continuously updates to ensure that users receive the latest news and insights in real time, making it a comprehensive hub for media consumption.

TappTime

Seed Round in 2015
TAPPTIME S.A.P.I. de C.V. operates a user-recommendation-based social advertising platform for online games. The mobile application functions by bringing together brands that sponsor prizes and users who promote the prize on social networking sites. The company is based in Mexico City, Mexico.

Petsy

Venture Round in 2015
Petsy.mx is Mexico's premier petcare e-tailer. It offers a wide selection of products across a broad variety of pet types, helping its customers avoid the hassle of walking to and from the store and the convenience of having the widest assortment of pet supplies in the country right at their fingertips. The company operates daily to offer pets a variety of quality products and an excellent delivery experience directly to a home and at a good price. Petsy.mx was founded on 2013 and is headquartered in Mexico.

VoxFeed

Seed Round in 2015
VoxFeed lets brands communicate with their audience through the help of influencers. Influencers create and promote custom content that is aligned with the interests of their followers and are rewarded based on the quality and quantity of the response. Advertisers pays results base on achieved performance which is measurable in detail.

OPI

Seed Round in 2014
Organizations in developing countries face complex intelligence problems. Given the high costs of analytics solutions, most have traditionally relied on intuition to solve these problems. When they do invest in sophisticated analysis, it usually relies entirely on internal or external data, with very few solutions focused on intelligence derived from the crossing of both; necessary to resolve many business problems. This translates into sub-optimal decisions that cost millions, despite the data for better decisions being available. OPI provides actionable intelligence derived from crossing large volumes and varieties of operational & external data: • Data-Warehouse -+10,000 variables – demographics, economic activity, business, real estate, urban infrastructure, news/events, social media – generated with data from hundreds of sources, (ie. government, web scraping, social media, private suppliers). • Intelligence – Proprietary variables and large variety of mathematical/statistical models applied to particular business problems. • Visualization/Exploration tool – Web-apps to explore intelligence outputs dynamically and with intuitive visualizations. Concrete solutions in current verticals: • Public sector – Integration of hundreds of demographic, social and economic datasets for generating indicators of social needs, which serve as demand proxies for public spending. Web-app with cartographic and chart visualizations of relevant variables. • Retail – Predictive model for sales in new openings, generated from historical, current and projected operational and external variables. From a web-app, users run the model to find regions with optimal conditions and predict sales for potential openings. The solution is sold through a SaaS model, with monthly/annual subscriptions for access to a web application; with the option of an implementation at the start.

Seenapse

Seed Round in 2014
Seenapse, SAPI de CV, founded in 2014 and based in Mexico City, operates as an online search engine designed for creative individuals seeking non-obvious and divergent ideas to stimulate their creativity. Unlike traditional search engines that primarily yield linear and popular results, Seenapse focuses on providing unique and innovative suggestions that can inspire breakthrough thinking. This platform acts as an inspiration engine, helping users generate more and better ideas quickly, thereby facilitating the ideation process and enhancing creative exploration.

TappTime

Seed Round in 2014
TAPPTIME S.A.P.I. de C.V. operates a user-recommendation-based social advertising platform for online games. The mobile application functions by bringing together brands that sponsor prizes and users who promote the prize on social networking sites. The company is based in Mexico City, Mexico.

Intangible Investments

Seed Round in 2014
Intangible Investments is an investment vehicle based in Mexico City, focusing on the assessment, development, and launch of high-impact technology projects into fully operational companies. Founded by Federico Casas Alatriste in 2012, the firm specializes in various sectors, including e-commerce, news, media, advertising, retail, and information technology. As a business incubator, Intangible aims to foster innovation and support the growth of technology-driven enterprises.

TalentProcess

Seed Round in 2014
Founded in 2011, TalentProcess is a recruitment technology company that offers a candidate relationship management system tailored for recruiters. Designed by industry veterans William Gaber and Monica Graue, the platform integrates candidate information from various sources, including job boards, LinkedIn, social networks, and university career centers, into a streamlined recruitment process. This Software as a Service (SaaS) solution helps organizations build a comprehensive talent database and enhance their employer branding through personalized career sites. Additionally, TalentProcess assists candidates by shortlisting them based on their qualifications and providing essential interview training, thereby improving their chances of securing suitable employment. The platform aims to empower companies in their talent attraction strategies, making the recruitment process more effective and efficient.

Nubleer

Seed Round in 2014
Nubleer Media, S.A.P.I. de C.V. is a Mexican company based in Mexico City that operates an online reading platform, offering a subscription service for digital content. Users have unlimited access to a diverse range of magazines, books, comics, and newspapers for a monthly fee, which ranges from MX$69.00 to MX$109.00. The platform is designed for convenience, allowing users to read content via a web viewer or mobile applications on both Android and iOS devices. Nubleer also helps publishers distribute their digital content through an innovative revenue-sharing model and provides them with valuable metrics about their publications. The service continuously updates to ensure that users receive the latest news and insights in real time, making it a comprehensive hub for media consumption.

Petsy

Venture Round in 2013
Petsy.mx is Mexico's premier petcare e-tailer. It offers a wide selection of products across a broad variety of pet types, helping its customers avoid the hassle of walking to and from the store and the convenience of having the widest assortment of pet supplies in the country right at their fingertips. The company operates daily to offer pets a variety of quality products and an excellent delivery experience directly to a home and at a good price. Petsy.mx was founded on 2013 and is headquartered in Mexico.

Trendyta

Seed Round in 2013
Trendyta is an online design store that focuses on bringing the most extraordinary products to Latin American consumers. Created by Gabriela Rosas, Victor Bucardo and Juan Carlos Gaal, Trendyta bases its success in offering the most interesting designs at the best possible price, giving buyers the opportunity to shop products that are hard to find in the traditional marketplace. Since its launch in May 2013, Trendyta has hosted more than 100 designers with over 1000 products and is looking to expand towards worldwide designers, allowing consumers in Mexico and Latin America to have access to every design product they can think of and be introduced to a new method of online shopping.
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