Valor Capital Group

Valor Capital Group, established in 2011 and headquartered in New York, is an investment firm specializing in cross-border financial and investment opportunities. It operates two primary investment strategies: Growth Equity and Venture Capital. The firm invests in seed-stage, early-stage, later-stage, and growth-stage companies across various sectors, including B2B, B2C, e-commerce, fintech, and technology, in both the United States and Brazil. Valor Capital Group is a Registered Investment Adviser (RIA).

Bruno Batavia

Principal and Director of Emerging Tech

Gustavo Berger

Investment Analyst

Pedro Bustamante

Investment Analyst

João Camara

Investment Senior Analyst

Matheus Cordeiro

Investment Analyst

Carlos Costa

Partner

Gabriel Gil

Investment Senior Associate

Carolina Hibner

Investment Senior Analyst

Maria Carolina Lacombe

Principal and Director of Community

Carol Lacombe

Principal and Director of Community

Nicolas Marin

Senior Analyst

Karina Martinez

Investment Associate

Felipe Mendes

Vice President and Director of Finance, Brazil

Michael Nicklas

Managing Partner

Paulo Passoni

Managing Partner

Bernardo Penteado

Senior Analyst

Pedro Pereira

Investment Senior Analyst

Nicole Salim

Investment Analyst

Fabiana Scionti

Investment Associate

Clifford Sobel

Founding Partner

Scott Sobel

Co-Founder and Managing Partner

Phillip Trauer

Principal

Past deals in Mexico

Merama

Venture Round in 2025
Merama is an e-commerce platform founded in 2020 and headquartered in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. The company partners with brands to enhance their growth by providing exceptional human resources and non-dilutive capital. Merama aims to establish itself as the leading online group of brands in Latin America, focusing on leveraging its resources to support and accelerate the development of its partner brands.

Spot2

Series A in 2024
Spot2 is a commercial real estate proptech company based in Mexico that operates a property technology ecosystem designed to connect brands and entrepreneurs with commercial spaces. The company specializes in providing technology-driven brokerage services that assist clients in locating their ideal retail and industrial spaces across the country. By leveraging technology, Spot2 aims to streamline the process of finding and securing commercial real estate, making it more efficient for its users.

Meru

Pre Seed Round in 2023
Our objective is to develop into the region's one-stop store for automotive components. By gathering demand and linking all players throughout the supply chain, including producers, distributors, wholesalers, retailers, service providers, and customers, we are digitizing the automobile aftermarket sector in Latin America. Meru was established in 2020 in Mexico City, Distrito Federal.

Merama

Series B in 2021
Merama is an e-commerce platform founded in 2020 and headquartered in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. The company partners with brands to enhance their growth by providing exceptional human resources and non-dilutive capital. Merama aims to establish itself as the leading online group of brands in Latin America, focusing on leveraging its resources to support and accelerate the development of its partner brands.

Kovi

Series B in 2021
Kovi is a digital car rental company headquartered in São Paulo, Brazil, that operates primarily in Brazil and Mexico. Founded in 2018, Kovi provides an online platform designed to serve rideshare and delivery drivers, promoting safer, more affordable, and accessible mobility solutions for millions. The company employs an asset-light model by collaborating with automakers and traditional car rental firms, allowing it to offer flexible and convenient on-demand rental services. Kovi's technology-driven approach enhances the travel experience for users, catering to the evolving needs of the modern commute.

Meru

Series A in 2021
Our objective is to develop into the region's one-stop store for automotive components. By gathering demand and linking all players throughout the supply chain, including producers, distributors, wholesalers, retailers, service providers, and customers, we are digitizing the automobile aftermarket sector in Latin America. Meru was established in 2020 in Mexico City, Distrito Federal.

Bitso

Series C in 2021
Bitso is a cryptocurrency exchange platform founded in 2014 and headquartered in Mexico City, Mexico. The company specializes in facilitating the buying and selling of bitcoin and other cryptocurrencies, providing users with a marketplace where they can trade fractions of various digital assets. Bitso's platform is designed for ease of use, allowing customers to conduct transactions and make payments via mobile devices. By focusing on the fintech and blockchain sectors, Bitso aims to enhance accessibility to cryptocurrency trading for users in Mexico and beyond.

Merama

Debt Financing in 2021
Merama is an e-commerce platform founded in 2020 and headquartered in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. The company partners with brands to enhance their growth by providing exceptional human resources and non-dilutive capital. Merama aims to establish itself as the leading online group of brands in Latin America, focusing on leveraging its resources to support and accelerate the development of its partner brands.

Merama

Series A in 2021
Merama is an e-commerce platform founded in 2020 and headquartered in Mexico City, Mexico, with an additional office in Sao Paulo, Brazil. The company partners with brands to enhance their growth by providing exceptional human resources and non-dilutive capital. Merama aims to establish itself as the leading online group of brands in Latin America, focusing on leveraging its resources to support and accelerate the development of its partner brands.
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