Devlabs Ventures
Devlabs Ventures is a venture capital firm founded in 2013 and based in Oakland, California, with operations in Temuco, Chile. It funds software-enabled businesses, primarily B2B startups, across sectors such as agriculture, technology, health, education, finance, logistics, energy and tourism. The firm focuses on early-stage and growth-stage software companies with potential for rapid scale and international expansion, and it maintains an emphasis on Latin America, notably Chile. Investments are typically modest in size with follow-on capital to support scale, and the firm pursues a hands-on, founder-friendly approach, including opportunities to lead or join rounds and to participate in co-investments as companies raise capital. By combining a Silicon Valley presence with Latin American access, Devlabs Ventures aims to help software startups reach broader markets and achieve sustainable growth.
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Past deals in Ecuador
Kushki
Series A in 2018
Kushki is a Latin America–focused digital payments platform that offers an integrated payments solution and omnichannel capabilities for e-commerce, m-commerce, and brick‑and‑mortar retail. It provides an API that standardizes the region’s fragmented payments landscape by supporting card payments, bank transfers, and cash networks, with access to more than 300,000 physical payment points. The platform emphasizes local logic and pricing to simplify cross‑border and local transactions and enables rapid integration for merchants. Founded in 2016 in New York City, Kushki operates across Brazil, Chile, Colombia, Ecuador, Mexico, Peru, the United States, and Canada.
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