Addition

Addition is a venture capital firm based in New York, founded in 2020 by Lee Fixel. The firm focuses on investing in early and growth-stage technology companies, specifically targeting those that are founder-led and technology-enabled. Addition aims to support visionary entrepreneurs in their efforts to build impactful and enduring businesses. As a Registered Investment Adviser, the firm is committed to fostering innovation and growth within the tech sector.

Roshni Chandwani

Investor

Robbie Horwitz

Partner

Aasim Maknojia

Investor

Andrew Miskiewicz

Partner

Aaron Schildkrout

Investor

Jason Schneider

Investor

Jack Spiegel

Investor

Lee Fixel

Investor

Past deals in Uruguay

DLocal

DLocal operates a payments technology platform aimed at facilitating online payments in emerging markets, primarily for global e-commerce companies. Founded in 2016 and headquartered in Montevideo, Uruguay, the company offers over 900 payment methods across more than 40 countries. DLocal's primary goal is to bridge the payments innovation gap between global enterprises and customers in these high-growth regions, including Africa, Asia, and Latin America. Its platform, One dLocal, allows global merchants to efficiently handle both pay-in and pay-out transactions, enabling them to reach billions of underserved consumers. The company generates revenue by charging merchants fees for its payment processing services, with a significant portion of its income derived from operations in Brazil.
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