Unpopular Ventures

Unpopular Ventures, founded in 2019 and based in Seattle, Washington, is a venture capital firm that focuses on investing in technology companies that are often overlooked by traditional investors. Since its inception, the firm has allocated $75 million across approximately 500 startups, demonstrating a commitment to identifying and supporting innovative ventures. Unpopular Ventures actively invests in 30 to 40 companies each quarter, although it may not consistently update its public investment records. The firm operates as a Registered Investment Adviser, emphasizing its dedication to guiding and nurturing emerging businesses in the tech landscape.

Sergii Zhuk

Venture Partner

Past deals in Andes

MegaBite Food

Seed Round in 2022
MegaBite is a multibrand cloud kitchen restaurant that specializes in offering premium gastronomic brands at midrange prices targeted at the middle class in Latin America. The company operates exclusively through digital channels, utilizing integrated kitchen software and hardware to facilitate efficient order processing. MegaBite runs its operations from rented dark kitchens, which allows for a modular growth model that enhances scalability. This innovative approach enables the opening of new kitchens with significantly lower capital expenditure and much faster timelines compared to traditional restaurants. Operating in Mexico and Peru, MegaBite has achieved impressive growth, averaging 30% month-over-month since its inception. The platform provides customers with access to a variety of virtual restaurant brands, enhancing their culinary choices while ensuring a seamless online ordering and delivery experience.

Foodology

Series A in 2021
Foodology operates delivery-focused digital restaurant brands across Latin America, specializing in scaling these brands via cloud kitchen networks. With over 80 kitchens in Colombia, Mexico, Brazil, and Peru, the company leverages technology and infrastructure to streamline food processing, enabling brands to rapidly iterate concepts without substantial setup costs.

Yummy

Seed Round in 2021
Yummy Inc. is a food delivery application company founded in 2020 by Vicente Zavarce, with its headquarters located in San Francisco, California, and an additional office in Caracas, Venezuela. The Yummy app operates across Latin America, allowing users to order and pay for meals through both mobile and web platforms. It offers various payment options, including foreign credit cards and cash, making it convenient for users to enjoy their food at their preferred locations.

99 Minutos

Series B in 2021
99 minutos is a last-mile logistics disruptor for LatAm's burgeoning e-commerce space. The company enables enterprise e-commerce clients to reliably same-day deliver products at low cost - a first for the region. Currently operating in Mexico, Chile, Colombia, and Peru. The company was founded in 2014 by Alexis Patjane and is headquartered in Mexico City, Mexico.

Tributi

Seed Round in 2021
Tributi is a Colombian fintech company founded in 2017, headquartered in Bogota. It specializes in developing an online platform for preparing income tax returns, catering to various taxpayer profiles such as employees, freelancers, and investors. The platform automates the process by considering all legal deductions according to Colombian law, ensuring secure financial data handling. Tributi aims to reduce tax compliance friction for individuals in Latin America through its automated tax filing preparation service.

Foodology

Convertible Note in 2020
Foodology operates delivery-focused digital restaurant brands across Latin America, specializing in scaling these brands via cloud kitchen networks. With over 80 kitchens in Colombia, Mexico, Brazil, and Peru, the company leverages technology and infrastructure to streamline food processing, enabling brands to rapidly iterate concepts without substantial setup costs.

99 Minutos

Series A in 2020
99 minutos is a last-mile logistics disruptor for LatAm's burgeoning e-commerce space. The company enables enterprise e-commerce clients to reliably same-day deliver products at low cost - a first for the region. Currently operating in Mexico, Chile, Colombia, and Peru. The company was founded in 2014 by Alexis Patjane and is headquartered in Mexico City, Mexico.

Picap

Seed Round in 2020
Picap Inc. is a Colombian transportation company that operates a mototaxi mobility platform, connecting riders with motorcycle and car owners who wish to share their vehicles for additional income. Founded in 2016 and based in Bogotá, Picap serves 13 cities across Colombia, including Medellín, Bucaramanga, and Cartagena. The company not only offers ride-hailing services but also provides logistics solutions, featuring a dedicated fleet for business partners and warehousing services for efficient product delivery. By enabling users to access transportation and businesses to streamline their logistics, Picap plays a significant role in the mobility and delivery sectors within the region.

Picap

Seed Round in 2019
Picap Inc. is a Colombian transportation company that operates a mototaxi mobility platform, connecting riders with motorcycle and car owners who wish to share their vehicles for additional income. Founded in 2016 and based in Bogotá, Picap serves 13 cities across Colombia, including Medellín, Bucaramanga, and Cartagena. The company not only offers ride-hailing services but also provides logistics solutions, featuring a dedicated fleet for business partners and warehousing services for efficient product delivery. By enabling users to access transportation and businesses to streamline their logistics, Picap plays a significant role in the mobility and delivery sectors within the region.

MegaBite Food

MegaBite is a multibrand cloud kitchen restaurant that specializes in offering premium gastronomic brands at midrange prices targeted at the middle class in Latin America. The company operates exclusively through digital channels, utilizing integrated kitchen software and hardware to facilitate efficient order processing. MegaBite runs its operations from rented dark kitchens, which allows for a modular growth model that enhances scalability. This innovative approach enables the opening of new kitchens with significantly lower capital expenditure and much faster timelines compared to traditional restaurants. Operating in Mexico and Peru, MegaBite has achieved impressive growth, averaging 30% month-over-month since its inception. The platform provides customers with access to a variety of virtual restaurant brands, enhancing their culinary choices while ensuring a seamless online ordering and delivery experience.
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