Loading organizations...

99 Startups: Venture capital firm supporting seed-stage companies in Latin America, investing in fintech, SaaS, and artificial intelligence.
Key people at 99 Startups.
99 Startups is an early-stage venture capital firm based in Mexico that provides seed funding to entrepreneurs building technology businesses across the broader Latin American market. The firm primarily allocates capital to emerging companies operating within the financial technology, software-as-a-service, and artificial intelligence sectors. Through its dedicated investment vehicles, the organization has built a diverse portfolio comprising 50 active companies addressing significant regional market demands. The firm takes minority equity stakes in its investments, backing notable regional startups such as corporate spend management platform Clara, wealth management application Fintual, and buy-now-pay-later provider Aplazo. Additional prominent portfolio companies include the professional networking platform Torre and the technology education academy Henry. The firm's specific founding year and the identities of its managing founders remain undisclosed in standard public venture databases.
Key people at 99 Startups.
99 Startups is a Mexico-based venture capital firm focused on investing in seed-stage startups primarily in Latin America, targeting sectors such as fintech, SaaS, and artificial intelligence. Their mission is to back bold entrepreneurs building generational companies by providing not only capital but also hands-on support to help startups scale and solve significant regional challenges. The firm has a strong emphasis on fostering innovation in Latin America’s emerging markets, contributing to the growth of the local startup ecosystem through financial investment and strategic guidance[1][2].
Founded in 2016 under the original name Xylo Capital, 99 Startups has evolved to become a key player in Latin America’s venture capital scene. The founding partners have steered the firm to focus on early-stage companies with high growth potential in fintech, SaaS, and AI. A pivotal moment in their trajectory was the successful closing of their first fund, FUND I, which raised $4.5 million, surpassing their initial target. This milestone enabled them to expand their reach and deepen their impact on the Latin American startup ecosystem. Additionally, they hosted "Fundadores," a popular Spanish-language podcast on entrepreneurship, which helped build community and thought leadership in the region[1].
99 Startups rides the wave of increasing digital transformation and fintech adoption in Latin America, a region with significant demand for innovative financial services and SaaS solutions tailored to local needs. The timing is critical as Latin America experiences rapid growth in internet penetration, mobile usage, and AI applications, creating fertile ground for startups. By focusing on early-stage companies, 99 Startups helps bridge the funding gap in the region, accelerating innovation and economic development. Their influence extends beyond capital, shaping the ecosystem by mentoring entrepreneurs and promoting a culture of scalable, tech-driven solutions[1][2].
Looking ahead, 99 Startups is poised to continue expanding its portfolio and influence in Latin America’s burgeoning tech scene. Trends such as AI integration, fintech democratization, and SaaS adoption will likely shape their investment focus. As the Latin American startup ecosystem matures, 99 Startups’ role as a seed investor and ecosystem builder will become increasingly vital, potentially leading to larger funds and more significant exits. Their commitment to backing generational companies suggests a long-term vision of transforming Latin America’s innovation landscape[1][2].
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 23, 2026 | Leracom AI | $1.0M Pre-Seed | WeBoost | Adriel Araujo, Claudio Schlegel, Daniel Otero, Gabriel Monroy, Oswaldo Monroy, ALINA VC, AngelHub, Blue Zone Ventures, Ganas Ventures, Semilla Ventures |
| Jun 1, 2025 | Clara | $3.0M Seed | — | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Hans Tung, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Justin Mateen, Karim Atiyeh, Manolo Atala, Michael Levinthal, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio |
| Jun 1, 2025 | FieldFactors | $2.0M Venture Round | — | 500 Startups Latam, Autopilot Fund, Matt Ocko, Draper Cygnus, Kepler Operator’s Fund, Latitud, Operate, Ride Home Fund, Duran Cesur, Zecca Lehn |
| Apr 1, 2025 | Nomi | $500K Seed | — | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Hans Tung, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Justin Mateen, Karim Atiyeh, Manolo Atala, Michael Levinthal, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio |
| Apr 1, 2025 | Clara | $40.0M Venture Round | — | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Hans Tung, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Justin Mateen, Karim Atiyeh, Manolo Atala, Michael Levinthal, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio |
| Dec 1, 2024 | Stelia | $5.0M Seed | — | Accel, ALLVP, Alpha4 ventures, Alumni Ventures, Canaan Partners, Cherry Ventures, Coatue, Episode 1 Ventures, FasterCapital, Flex Capital, Frontline Ventures, Global Founders Capital, Javelin Venture Partners, Join Capital, KRM Interests LLC, Latitud, monashees, Hans Tung, Picus Capital, sequel, Seraphim Space, Silence, SV Angel, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, Charlie Cheever, David Vélez, Hanno Renner, Jason Lemkin, Julius Köhler, Justin Mateen, Karim Atiyeh, Luc Vincent, Manolo Atala, Mario Götze, Michael Levinthal, Michael Wax, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Ron Pragides, Sahin Boydas, Sergio Furio |
| Jun 1, 2024 | Pipeimob | $800K Seed | — | 500 Startups Latam, Autopilot Fund, Matt Ocko, Draper Cygnus, Kepler Operator’s Fund, Latitud, Operate, Ride Home Fund, Duran Cesur, Zecca Lehn |
| Apr 1, 2024 | Snappy | $25.0M Series D | Omri Strul | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Notable Capital, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Justin Mateen, Karim Atiyeh, Manolo Atala, Michael Levinthal, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio, 83North, Hearst Ventures, Saban Ventures |
| Apr 1, 2024 | Torpago | $10.0M Series B | — | 500 Startups Latam, Autopilot Fund, Matt Ocko, Draper Cygnus, Kepler Operator’s Fund, Latitud, Operate, Ride Home Fund, Duran Cesur, Zecca Lehn |
| Dec 1, 2023 | ValueBase | $6.0M Seed | — | Angel investor, C2 Investment, Curious Capital, Ethereal Ventures, Index Ventures, Lightspeed Venture Partners, Sequoia Capital, Aaron Levie, Adam D'Angelo, Jared Leto, Karim Atiyeh, Mike Vernal, Sahin Boydas, 500 Startups Latam, Autopilot Fund, Draper Cygnus, Duran Cesur, Kepler Operator’s Fund, Latitud, Matt Ocko, Operate, Ride Home Fund, Zecca Lehn |
| Nov 1, 2023 | Silverflow | $16.0M Series A | Javier Perez | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Hans Tung, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Felix Jahn, Justin Mateen, Karim Atiyeh, Manolo Atala, Michael Levinthal, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio, Krishna Visvanathan, INKEF Capital |
| Nov 1, 2023 | Finkargo | $20.0M Series A | QED Investors | 01 Advisors, 2.12 Angels, BBG Ventures, Bling Capital, BlockTower Capital, Carao Ventures, Clocktower Technology Ventures, Derive Ventures, Flybridge Capital Partners, Gradient Ventures, K50 Ventures, Nazca Ventures, Primary Venture Partners, Jenny Johnston, SciFi VC, Sonder Capital, ThirdLove, Tusk Venture Partners, Maurice Ferre, Michael Shoemaker, MAYA Capital, Zunzunegui Jaime, ONEVC, Quona Capital |
| Oct 1, 2023 | CentML | $27.0M Seed | — | Gradient Ventures, Nazca Ventures, Jenny Johnston, Sonder Capital, Maurice Ferre, Michael Shoemaker, Misha Bilenko, Gradient Ventures, Vinod Grover, TR Ventures |
| Oct 1, 2023 | VMind AI | $2.0M Seed | — | 500 Startups Latam, Afore Capital, Anthemis Group, Autopilot Fund, CapitalX, Collaborative Seed & Growth Partners, Matt Ocko, DCVC (Data Collective), DGF Investimentos, Draper Cygnus, Dreamers VC, Elkstone, Jenny Fielding, Scott Hartley, General Catalyst, Greycroft, Kepler Operator’s Fund, Latitud, Lead Edge Capital, monashees, Next47, No Label Ventures, Operate, Paradigm, Rajan Anandan, QED Investors, Hayden Simmons, Nakul Gupta, Ride Home Fund, RTP Global, Sapphire Ventures, SNR, Soma Capital, Streamlined Ventures, Taurus Ventures, Trajectory Ventures, Venture Highway, Village Global, Y Combinator, Ali Moiz, Alison Engel, Arash Ferdowsi, Balaji Srinivasan, Cory Levy, Duran Cesur, Gokul Rajaram, Ilya Kondrashov, Immad Akhund, Mike Giampapa, Munish Varma, Parker Treacy, Sahin Boydas, Sam Altman, Sumon Sadhu, Tyler Willis, Viral Bajaria, Zecca Lehn |
| May 1, 2023 | Moon Surgical | $55.0M Series B | Soffinova Partners, Mohamed (Sid) Siddeek | Ascension Ventures, Cathay Health, Endeavor Venture Funds, Gradient Ventures, Nazca Ventures, New Enterprise Associates (NEA), Jenny Johnston, Sonder Capital, Colin Cahill, Maurice Ferre, Michael Shoemaker, Fred Moll, M.D, Josh Makower, Richard Leparmentier, Sacha Loiseau, Siddarth Satish, Yann Fleureau, Stephen Oesterle, GT Healthcare Capital Partners, Johnson & Johnson Innovation |
| Apr 12, 2023 | Kala | $4.0M Seed | Cometa | Acrew, Canary, Clocktower Technology Ventures |
| Apr 1, 2023 | Clara | $60.0M Series C | — | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Hans Tung, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Justin Mateen, Karim Atiyeh, Manolo Atala, Michael Levinthal, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio |
| Feb 1, 2023 | Lavender | $2.0M Seed | — | Norwest Venture Partners, Arash Ferdowsi, James Park, Roger Dickey |
| Jan 1, 2023 | Digs | $7.0M Seed | — | Bond, Bullpen Capital, Fuse, Imaginary Ventures, LAUNCH, Jake Kassan, Jamie Sutton, Kyle Widrick, Michael Lombardi, Netalie Nadivi, Ryan Duranso, Betaworks, Flying Fish Partners, Legacy, Portland Seed Fund |
| Oct 1, 2022 | HoyTrabajas | $5.0M Seed | — | ALLVP, Alpha4 ventures, Balderton Capital, Canaan Partners, Catapult Capital, Coatue, Coelius Capital, FasterCapital, Flex Capital, Force Over Mass Capital, Global Founders Capital, Goat Capital, Latitud, Liquid 2 Ventures, monashees, Msd Capital, MYASIAVC PTE LTD, Hans Tung, Picus Capital, Pioneer Fund, Quiet Capital, Silence, Soma Capital, Torch Capital, Uncork Capital, Vibe Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Errol Damelin, Ilya Golubovich, Immad Akhund, Justin Mateen, Karim Atiyeh, Kevin Lin, Kirill Makharinsky, Manolo Atala, Michael Levinthal, Michael Staton, Mik Attisani, Nicky Goulimis, Oliver Jung, Paul Graham, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio |
| Sep 1, 2022 | Cuéntame | $1.0M Seed | Impacta VC | Curious Capital, Pareto Holdings, Play Ventures, World Fund, Mario Götze, Scott Belsky, Adriana Tortajada, Loreanne Garcia, RAUL ARGUELLES, CerraCap Ventures, Incisive Ventures, Integra Groupe, Investo, Lotux, New Ventures, Ulua VC |
| Sep 1, 2022 | Heru | $6.0M Seed | Zachary Bratun-Glennon | Dynamo Ventures, Gradient Ventures, Nazca Ventures, Jenny Johnston, Sonder Capital, Valo Ventures, Malek Meslemani, Maurice Ferre, Michael Shoemaker, Flourish Ventures, Global Founders Capital, Magma Partners, Moving Capital, Soma Capital |
| Jul 1, 2022 | Fuell | $2.0M Seed | — | ALLVP, Alpha4 ventures, Canaan Partners, Coatue, FasterCapital, Global Founders Capital, Latitud, monashees, Hans Tung, Picus Capital, Silence, Torch Capital, Xochi Ventures, Y Combinator, Anna Yuan, Ariel Lambrecht, David Vélez, Justin Mateen, Karim Atiyeh, Manolo Atala, Mik Attisani, Nicky Goulimis, Oliver Jung, Philippe Teixeira da Mota, Ricardo Weder, Sahin Boydas, Sergio Furio |
| Jun 21, 2022 | vivanta | $300K Pre-Seed | — | Edrizio De La Cruz, Alejandro Galvez, Angel Hub MTY, Lotux, Alejandro Gonzalez |
| Jun 1, 2022 | Moon Surgical | $31.0M Series A | Alan Au | Ascension Ventures, Cathay Health, Endeavor Venture Funds, Gradient Ventures, Nazca Ventures, New Enterprise Associates (NEA), Jenny Johnston, Soffinova Partners, Sonder Capital, Colin Cahill, Maurice Ferre, Michael Shoemaker, Richard Leparmentier, Sacha Loiseau, Siddarth Satish, Yann Fleureau, Cathay Capital, Fred Moll, M.D |