Avalancha Ventures

Avalancha Ventures, founded in 2015 and based in Mexico City, Mexico, is a venture capital investment firm that focuses on early-stage investments. The firm targets unique teams that are developing innovative companies in the financial services and information technology sectors. By leveraging technology, Avalancha Ventures aims to support the creation of efficient and cost-effective products and services that can benefit a broad audience.

Lorenzo Garza

Co-Founder and Partner

Antonio Guerrero

Analyst

Rodrigo Ocejo

Managing Partner

Wilber Palenque

Principal

Alexander Vales

Analyst

Past deals in Mexico

Axify

Series A in 2023
Axify is a provider of prepayment installment plans designed to facilitate access to services and products across various sectors, including travel, e-commerce, insurance, healthcare, and beauty. The company aims to assist individuals who may lack financial resources or credit cards, enabling them to acquire quality offerings without falling into the trap of high-interest debt. By offering flexible payment options, Axify helps customers manage their expenses sustainably, promoting a debt-free approach that resonates with a growing trend in Mexico and Latin America. To date, the company has successfully supported over 7,000 families in obtaining necessary services and products in a manner that is accessible and financially responsible.

Axify

Seed Round in 2023
Axify is a provider of prepayment installment plans designed to facilitate access to services and products across various sectors, including travel, e-commerce, insurance, healthcare, and beauty. The company aims to assist individuals who may lack financial resources or credit cards, enabling them to acquire quality offerings without falling into the trap of high-interest debt. By offering flexible payment options, Axify helps customers manage their expenses sustainably, promoting a debt-free approach that resonates with a growing trend in Mexico and Latin America. To date, the company has successfully supported over 7,000 families in obtaining necessary services and products in a manner that is accessible and financially responsible.

Atexto

Seed Round in 2019
Atexto is a company that specializes in creating, collecting, annotating, and transcribing audio to train voice assistants. Founded in 2016 and based in Cuauhtémoc, Mexico, Atexto provides services such as speech-to-text transcription, audio annotation, and audio collection. Its platform allows businesses to access labeled speech data to enhance machine learning models for voice understanding. Additionally, individuals can record and store their voiceprints, label them, and receive compensation for their contributions. The platform also enables users to manage transcription projects with features like live visibility of transcript progression and the ability to download completed transcripts, providing a cost-effective solution for companies needing transcription services.

Sunu

Seed Round in 2019
Sunu, Inc. specializes in the development and manufacturing of assistive technology for individuals with low vision and blindness. Founded in 2013 and based in Zapopan, Mexico, the company is known for its innovative product, the Sunu Band. This smart wristband utilizes sonar technology to enhance navigation for visually impaired users by emitting high-frequency sound waves that detect nearby obstacles. The device then translates this information into a pattern of gentle vibrations, alerting the user to potential hazards in their environment. The Sunu Band serves as a complementary tool to traditional mobility aids, such as canes and guide dogs, by improving users' awareness of their surroundings, reducing accidents, and fostering greater confidence in mobility.

Atexto

Pre Seed Round in 2018
Atexto is a company that specializes in creating, collecting, annotating, and transcribing audio to train voice assistants. Founded in 2016 and based in Cuauhtémoc, Mexico, Atexto provides services such as speech-to-text transcription, audio annotation, and audio collection. Its platform allows businesses to access labeled speech data to enhance machine learning models for voice understanding. Additionally, individuals can record and store their voiceprints, label them, and receive compensation for their contributions. The platform also enables users to manage transcription projects with features like live visibility of transcript progression and the ability to download completed transcripts, providing a cost-effective solution for companies needing transcription services.

Saldo.mx

Seed Round in 2016
Saldo.mx is a digital wallet that facilitates bill payments for users in Mexico through their smartphones. The platform allows customers to select a company, enter a reference number, and pay using any bank card, streamlining the payment process. Additionally, Saldo offers an online payment portal application that supports global real-time micro remittances utilizing cryptocurrency technologies. Founded by Marco Neri and operated from California, Saldo aims to enhance the convenience of mobile bill payments and recharge services for its users.

Unima

Seed Round in 2016
Unima, Inc. is a diagnostic technology company based in Zapopan, Mexico, focused on the rapid detection of infectious diseases, including HIV and Tuberculosis. The company has developed the Find platform, which decentralizes diagnostic testing by allowing healthcare providers to perform tests directly at the point of care, without the need for specialized lab equipment. This technology enables timely diagnostics with results available in 15 minutes or less and at a low cost. The Find platform utilizes genetically engineered shark antibodies to detect disease biomarkers in various samples such as blood, saliva, urine, or water. The testing process involves using microfluidic cards that produce visual reactions when interacting with specific biomarkers. Results are captured using the proprietary Xplora smartphone app, which employs image analysis and neural network algorithms to deliver immediate outcomes. This information, including geolocation and timestamp, is then uploaded to a cloud server for real-time disease tracking, enhancing accessibility to diagnostics even in remote areas.
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