TO LIVE WITHOUT RISK, IS TO RISK NOT LIVING

CO FOUNDERS:
Ramon Chedraui, Diego Vargas and Mauricio Cordero

CEO:
Mauricio Cordero

Bankaya is the only neobank in Mexico truly focused on the unbanked and underserved populations through its unique offline customer acquisition strategy. Bankaya offers a superapp with a savings account, payments of services, remittances and credit.

FOUNDED IN:
2019

COMETA VC is a venture capital firm that invests in early-stage technology companies targeting Spanish-speaking markets.

FOUNDED IN:
2012

CO FOUNDERS:
Ernesto Vargas, Santiago Sanchez Navarro and Pablo Gonzalez

CEO:
Alvaro Hernandez

Crania is a transformative outdoor hub on the Baja California coast, redefining the boundaries of sustainable living, creative expression, and community engagement. Rooted in an abandoned crane reclamation project, Crania hosts unique events spanning art, music, gastronomy, and sustainability innovation. This dynamic space offers diverse experience possibilities, at the intersection of cultural impact and environmental consciousness.

FOUNDED IN:
2021

CO FOUNDERS:
Rafael Puente and Ernesto Vargas

CEO:
Rafael Puente

Nomipay specializes in the management and control of third-party payroll deduction processes for millions of personal loans.The company streamlines and simplifies the loan collection processes for workers, employers, and service providers via payroll deductions.

FOUNDED IN:
2015

CO FOUNDERS:
Rodrigo Smeke, Ale Manzo and Diego Vargas

CEO:
Enrique Besa

Rankmi is a full-service HR SaaS solution for medium and large companies in LatAm. Rankmi recently acquired Osmos a Mexican HR Tech company specialized in payroll.

FOUNDED IN:
2017

CO FOUNDERS:
Javier Marquez, Santiago Iturbe and Diego Vargas

CEO:
Javier Marquez

Sttega specializes in providing customized financial solutions, tailoring products and services through a detailed analysis of each client’s specific needs. Their practical and adaptive approach ensures effective and accessible financial solutions for every business.

FOUNDED IN:
2022

CO FOUNDERS:
Diego Vargas and Gerardo Pasquel

CEO:
Gerardo Pasquel

Volana offers loans to micro businesses in Mexico.

FOUNDED IN:
2019

CO FOUNDERS:
Diego Vargas and MVS Group

CEO:
German Olivera

Zylus is a mobile virtual network operator (MVNO) and enabler (MVNE) that provides its commercial partners (also MVNOs) with a ready-to-use solution that offers mobile, financial, and other value-added services. The solution allows partners to quickly launch and scale their own mobile services.

FOUNDED IN:
2016

MANAGING PARTNER:
Santiago Zavala

500 Startups is a global venture capital firm with a network of startup programs headquartered in Silicon Valley with over $454M in committed capital across 4 main funds and 15 thematic funds.

Since 2012, 500 LatAm invests in Spanish-speaking Latin American companies through the investment program Somos Lucha.

INVESTED IN:
2013

FOUNDER:
Rafael Shin

Agua Mágica is an ultra-premium sipping mezcal crafted from high mountain Espadín and Tobalá agaves from San Juan del Río, Oaxaca. This mythical location is blessed with ideal natural elements for crafting the finest mezcal.

INVESTED IN:
2019

FOUNDER:
Andres Barrios

Ancana is a marketplace where people can buy a fully managed vacation home through fractional ownership.

INVESTED IN:
2019

CO FOUNDERS:
Domingo Cañizo and José Miguel Hernández

CEO:
Domingo Cañizo

Aplik is a leading signage company in Mexico with state-of-the-art technology that includes large-scale printing, loose lettering, light box manufacturing, and a 3,000-square-meter factory dedicated to producing high-impact ideas for our clients.

INVESTED IN:
2012

CO FOUNDERS:
Akash Shah and Craig Elbert

Care/of is a healthcare technology company dedicated to simplifying consumer health with a full suite of personalized digital and physical products.

INVESTED IN:
2017

Consubanco is a niche, fully-licensed bank in Mexico currently focused on payroll-deduction lending (PDL) in the public sector, and is seeking to broaden its reach by leveraging their capabilities with technology to serve other market segments and launch new products.

INVESTED IN:
2022

Acquired by VARIV and Cubo in 2019.

CHAIRMAN:
Diego Vargas

CEO:
Juan Ahedo

Creze  is a digital lending platform that provides secured and unsecured loans to SMEs in Mexico. Its proprietary credit scoring model allows to assess the authenticity of any SME, its willingness to pay and cash flow.

INVESTED IN:
2019

CO FOUNDERS:
Guillermo Fernandez

Daystore is a dark store company that serves as a distribution center that caters exclusively to online shopping.

INVESTED IN:
2021

FOUNDER:
Niccolo Maisto

FACEIT is the gaming platform for professional competitions within online multiplayer video games.

INVESTED IN:
2012

CO FOUNDERS:
Oscar Pierre, Miguel Vicente, Sacha Michaud and Gerard Olivé

Glovo is a mobile urban marketplace with same hour delivery. Glovo is the first national app that purchases, collects and delivers any product in less than an hour. It has presence in Spain, Italy and France.

INVESTED IN:
2015

MANAGING PARTNERS:
Martín Rodríguez-Fraile, Lorenzo Matínes de Albornoz, Ignacio Olascoaga and Guillermo Castellanos

GPF Capital is a private equity firm based in Madrid, Spain.

INVESTED IN:
2022

CO FOUNDERS:
Gabriel García and Rodrigo Vargas

Hero Guest is a digital training app for hospitality service staff.

INVESTED IN:
2022

CO FOUNDERS:
Oso Trava and Natalia Amaya

InstaFit is an online personal training platform that offers personalized, interactive and easy-to-follow exercise and nutrition programs complemented with one-to-one virtual coaching sessions and support groups.

INVESTED IN:
2013

CO FOUNDERS:
Josh Alballero and Kristy Alballero

ioogo is a tax and accounting software and services company that specializes in software development, mobile software, and web solutions.

INVESTED IN:
2022

CO FOUNDERS:
Beto Cabrera and Álvaro de Juan

iVoy is a last mile delivery company in Mexico City.

INVESTED IN:
2015

CO FOUNDERS:
Ralf Wenzel and Omar Capur

JOKR is a grocery and delivery platform that provides hyper-local product delivery services.

INVESTED IN:
2021

CO FOUNDERS:
Jed Cairo and Patrick Chun

Juxtapose is a Venture Builder that systematically invests in the next generation of category-defining consumer ventures. It partners with experienced entrepreneurs to build category-defining technology companies. The firm focuses on multi-decade opportunities in complex industries that leverage its expertise in human-centered design, commercial strategy, executive talent assessment, and technology.

INVESTED IN:
2016

FOUNDER:
James Gutierrez

Ocho is a provider of insurance services intended to provide affordable, fair, and credit-building auto insurance. The company offers auto Insurance with zero down payments and provides lower insurance premiums, a lower security deposit for rent, and no more deposits for utilities, and enabling users to secure their assets at a low and fair price.

INVESTED IN:
2021

Omniprinter is a technology integrator focused on providing IT solutions, that designs and implements innovative and digital transformation solutions through high-quality products, services and support.

INVESTED IN:
2014

FOUNDER:
Doug Ricket

PayJoy is a consumer financing company that allows consumers to buy a smartphone on credit and pay it off in installments.

INVESTED IN:
2017

CO FOUNDERS:
Luis Orestano, Marcos Suárez and Santiago González

Spakio is a one-stop shop for customers to manage their physical things as if they were digital.

INVESTED IN:
2023

CO FOUNDERS:
Miguel Vicente, Agustín Gómez and Gerard Olivé

Wallapop is a buying and selling application of second-hand items that uses geolocation as a differential element.

INVESTED IN:
2014

CO FOUNDERS:
Diego Ballesteros and Adriana Avella

Bewe is a management and marketing software for health and beauty centers in Spanish speaking markets.

INVESTED IN:
2015 (VARIV II)

CO FOUNDERS::
Daniel Vogel, Ben Peters and Pablo González

Bitso is a cryptocurrency exchange platform that allows users to buy and sell bitcoin and other cryptocurrencies.

INVESTED IN:
2016 (VARIV II)

CO FOUNDERS:
Guillermo Vicandi and Juan Antonio Rullan

Bnext is a leading consumer digital bank in Spain.

INVESTED IN:
2019 (VARIV II)

CO FOUNDERS:
Juan de Antonio and Samuel Lown

Cabify is a leading integrated mobility company in Spanish speaking markets.

INVESTED IN:
2015 (VARIV II)

CO FOUNDERS:
Hector Cárdenas, Crista Randall and Leo Fischer

Conekta is a payment gateway in Mexico.

INVESTED IN:
2015 (VARIV II)

CO FOUNDERS:
Philipe Cahuzac, Hassan Yassine and Raffaello Starace

GAIA is a furniture eCommerce platform for the sale of home products and design accessories.

INVESTED IN:
2015 (VARIV II)

CO FOUNDERS:
Oso Trava and Natalia Amaya

InstaFit is an online personal training platform that offers personalized, interactive and easy-to-follow exercise and nutrition programs complemented with one-to-one virtual coaching sessions and support groups.

INVESTED IN:
2013 (VARIV I)

CO FOUNDERS:
Beto Cabrera and Álvaro de Juan

iVoy is a last mile delivery company in Mexico City.

INVESTED IN:
2015 (VARIV II)

CO FOUNDERS:
Adalberto Flores and Leonardo de la Cerda

Kueski is the one of the largest buy now, pay later (BNPL) and online consumer lending companies in Mexico.

INVESTED IN:
2016 (VARIV II)

CO FOUNDERS:
Manu Smadja and Mike Davis

MPower is an online lender offering student loans to international students studying in the US or Canada.

INVESTED IN:
2017 (VARIV II)

CO FOUNDERS:
Tavo Zambrano and Armando Sobles

Skydrop is a logistics management software for SMEs in Latin America.

INVESTED IN:
2018 (VARIV II)

CO FOUNDERS:
Miguel Vicente, Agustín Gómez and Gerard Olivé

Wallapop is a buying and selling application of second-hand items that uses geolocation as a differential element.

INVESTED IN:
2014 (VARIV I)

CO FOUNDERS:
Amir Hemmat and Raul Lomeli

WelcomeTech is a platform that empowers immigrant success, providing information and services across finance, healthcare, education, law and technology.

INVESTED IN:
2018 (VARIV II)

FOUNDER:
Luis Rubén Chávez

Yotepresto is a marketplace lending platform connecting individual and institutional investors to near-prime borrowers.

INVESTED IN:
2018 (VARIV II)