Mendel, a platform for companies to manage their expenses through virtual and physical credit cards, announced the raise of US$60 million in a round led by Industry Ventures, Infinity Ventures, and Victory Park Capital. The raise comes 11 months after its US$35 million Series A led by Infinity Ventures and ALLVP, who participated again, as […]
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Posted inNews, Startups
Meet Mono VC, an Initiative That Connects Colombian Startups with Funds and Investors
Mono, a Bogota-based company that offers bank accounts for startups – launched in January, backed by Y Combinator and with a US$6 million round led by Tiger Global in June – is today launching an initiative designed to connect startups in Colombia with some of the most prominent funds and investors in Latin America: Mono […]
Posted inMéxico
Mexico’s DolarApp Raises US$5 Million To Enable Banking With Digital Dollars
A year after its founding, DolarApp raised a US$5 million seed round led by Kaszek Ventures and accelerator Y Combinator, where they participated in its summer 2021 batch. In addition, 50 angel investors participated. DolarApp was founded in the US by former Revolt neobank employees Zach Garman, Álvaro Correa, and Fernando Terrés, but it has […]
Posted inFive Questions
Five Questions With: clicOH
The Argentine startup clicOH has just entered the list of top companies of Y Combinator, where it is described as “Amazon-level logistics for e-commerce companies in LatAm.” In May, they raised US$25 million (Series A led by Tiger Global) and have just hired seven executives from major startups in the region to boost its expansion. […]
Posted inMexico, News, Startups
Plerk Closes US$12 Million Series A Led by Softbank’s Upload Ventures
Plerk, a Mexican startup that offers companies a set of benefits for their workers, closed a Series A led by Upload Ventures, SoftBank’s fund for early-stage ventures in Latin America. Also participating in the round were Magma Partners, 500 Global, and MGV Capital—which had already invested in Plerk in its early stages—and the founders of […]
Posted inNews, Startups, Venture Capital
Latú, Doc-doc, Belvo, Fudo and Other Startups That Have Recently Raised Capital in LatAm
Moises, an app that allows you to remove vocals and separate tracks from songs, founded by Brazilians, raised US$8.6 million in a seed round led by Kickstart and Monashees. Other participants were Norwest Venture Partners, Valutia, Toba Capital, Alumni Ventures, and Goodwater Capital. The startup is based in Utah, and it was the founder and […]
Posted inStartups, Venture Capital
A Proprietary Platform Was Key to the Success of Platanus Ventures’ Latest Demo Day
Platanus Ventures, a firm that accelerates and invests in early-stage technology companies in LatAm, was born in 2020 with the ambition of being a sort of Y Combinator in the region. From what it has done in its short life, it is well on its way: it is already one of the leading accelerators in […]
Posted inChile, News, Startups
Examedi, a Startup That Brings Medical Exams to Your Home, Raises US$17 Million
Barely a year old, the Chilean startup is making steady progress in the business that its very name suggests: Examedi (“exámenes médicos,” Spanish for “medical exams”). However, the acronym does not include an essential part: its main feature is that it offers them at home, eliminating the bureaucracy associated with them, such as requiring intermediaries, […]
Posted inColombia, Startups
Mono, a Bank Account Company for Startups in Colombia, Raises US$6 Million in a Round Led by Tiger Global
Although it was only born last December, Mono has a lot to tell in its brief history. They took part in the recent Y Combinator winter batch. They then raised US$6 million in San Francisco in a seed round led by Tiger Global, where they were valued at US$50 million. It was in March, but […]
Posted inBooks
‘No Rules Rules’, by Cristóbal Griffero (Fintoc)
NO RULES RULES Netflix and the Culture of Reinvention Reed Hastings, Erin Meyer 2020 The current questioning of Netflix does not stop me from recommending this great book. In less than 20 years, Netflix went from being a DVD-by-mail service, which along the way tried unsuccessfully to sell itself to Blockbuster for US$50 […]