NXTP Ventures

# High-Level Overview

NXTP Ventures stands as Latin America's premier early-stage venture capital firm, pioneering B2B technology investing across the region since its founding in 2011[5]. The firm operates from Buenos Aires, Argentina, with a mission to back exceptional founders building transformative technology solutions that address inefficiencies in business workflows throughout Latin America[6].

The firm's investment philosophy centers on identifying extraordinary entrepreneurs at the earliest stages—from idea through Series B—and providing not just capital but comprehensive operational support. NXTP deploys between $400,000 and $5 million per investment, focusing on four core domains: SaaS and Cloud, B2B Marketplaces, E-commerce Enablers, and FinTech[2][3]. With offices spanning Buenos Aires, São Paulo, and Mexico City, NXTP has invested in over 130 companies and maintains a network of more than 1,000 founders, positioning itself as a critical infrastructure player in Latin America's startup ecosystem[2].

Origin Story

NXTP Ventures emerged in 2011 as one of the first dedicated early-stage venture capital firms focused specifically on Latin America's technology sector[5]. The firm was born during a period when institutional venture capital in the region was nascent, and the founders recognized an untapped opportunity to systematically identify and scale B2B technology companies across the continent.

The firm's track record speaks to the prescience of this early positioning. Among NXTP's most celebrated exits is Auth0, an enterprise identity and authentication platform that exemplified the developer-centric, product-led B2B SaaS model the firm championed. NXTP provided Auth0's first institutional check in 2014, and the company was subsequently acquired by Okta in May 2021 for $6.5 billion[6]. Similarly, Nuvemshop, which received seed funding from NXTP's first fund, has grown into Latin America's leading e-commerce platform, powering over 85,000 merchants and raising a $500 million Series E in August 2021[6]. Cobli, a fleet management and telematics platform addressing the massive offline commercial fleet market in Latin America, announced a Series B led by SoftBank in July 2021 after receiving NXTP backing[6].

These exits demonstrate that NXTP's early conviction in B2B technology solving regional inefficiencies was not merely prescient but transformative—creating billion-dollar outcomes while simultaneously building the institutional knowledge and networks that would define the firm's competitive advantage.

Core Differentiators

Hyper-Regional Expertise with Global Reach

NXTP combines deep local market knowledge across 15+ Latin American countries with a presence in Silicon Valley, enabling portfolio companies to access both regional insights and global capital networks[1]. This dual positioning allows the firm to identify opportunities that global VCs might overlook while helping portfolio companies scale beyond their home markets.

Comprehensive Operational Support Beyond Capital

The firm explicitly positions itself as available to help portfolio companies with any challenge that arises during early stages—from recruiting to designing product-led growth motions[3]. This hands-on approach differentiates NXTP from transactional capital providers and reflects a conviction that early-stage founders need more than just funding.

Proven Track Record in B2B Technology

With over 15 years of experience and exits including Auth0 ($6.5 billion acquisition), Nuvemshop ($500 million Series E), and Cobli (SoftBank Series B), NXTP has demonstrated consistent ability to identify and nurture category-defining companies[2][6]. This track record provides portfolio companies with both credibility and a playbook for scaling.

Sector Specialization

Rather than pursuing a generalist approach, NXTP maintains focused expertise in four domains: SaaS and Cloud, B2B Marketplaces, E-commerce Enablers, and FinTech[3]. This specialization enables deeper pattern recognition and more valuable strategic guidance than a diversified approach would allow.

Network Scale and Density

The firm's network of over 1,000 founders, combined with relationships with mentors and industry specialists, creates a flywheel effect where portfolio companies benefit from peer learning, customer introductions, and talent recruitment[2].

Role in the Broader Tech Landscape

NXTP occupies a critical position in Latin America's technology infrastructure at a moment of significant regional transformation. The firm is riding several converging trends that amplify its relevance:

B2B Digitalization Across Latin America

Latin America's business services sector remains significantly underdigitized compared to developed markets. NXTP's focus on B2B technology directly addresses this gap—companies like Cobli are tackling the fact that 91% of Latin America's 27 million commercial fleets remain offline[6]. This represents not a niche opportunity but a massive structural inefficiency waiting to be solved.

Regional Capital Consolidation

As one of the oldest and most successful early-stage VC firms in Latin America, NXTP has become a gravitational center for deal flow, talent, and capital. The firm's success in generating outsized exits has attracted both follow-on capital and founder attention, creating a self-reinforcing cycle that strengthens its position as the region's premier early-stage investor.

Emergence of Latin America as a Venture Destination

The region has transitioned from being viewed as a secondary market to being recognized as a source of genuine innovation and outsized returns. NXTP's early positioning and successful exits have contributed meaningfully to this narrative shift, helping attract global capital and talent to the region.

B2B SaaS as the Dominant Paradigm

NXTP's emphasis on B2B technology and SaaS aligns with the global venture capital thesis that software-as-a-service businesses offer superior unit economics and scalability. By focusing on this model within Latin America, NXTP is essentially applying proven venture capital frameworks to an underserved geography.

Quick Take & Future Outlook

NXTP Ventures represents a masterclass in geographic arbitrage combined with sector specialization. The firm identified an underserved market (early-stage B2B technology in Latin America), built deep expertise, and generated outsized returns that have now positioned it as the region's institutional anchor for venture capital.

Looking forward, several dynamics will shape NXTP's evolution. First, the firm's success will likely attract increased competition from both global VCs establishing Latin American practices and new regional competitors. This may compress returns but will also validate the market opportunity. Second, as Latin American startups mature and require larger Series B and C rounds, NXTP may face pressure to either grow fund sizes or develop a more comprehensive platform spanning multiple stages. Third, the firm's ability to continue generating exits at the scale of Auth0 will depend on whether it can identify the next generation of category-defining companies—a challenge that becomes harder as the market matures.

The broader implication is that NXTP has helped establish Latin America as a legitimate venture capital destination, not through hype but through disciplined capital deployment and genuine value creation. As the region's startup ecosystem continues to mature, NXTP's role will likely evolve from pioneer to institutional anchor—a position that carries both opportunity and the risk of complacency. The firms that thrive will be those that continue to evolve their thesis while maintaining the operational discipline and founder-centric approach that built their reputation in the first place.