EWA Capital

EWA Capital, formerly known as Mountain Nazca Colombia, is a management company based in Bogotá, Colombia, that focuses on investing in early-stage technology companies with disruptive and scalable business models. Founded in 2019, EWA Capital seeks to back entrepreneurs who have developed a minimum viable product and demonstrated market fit, while maintaining sustainable unit economics and a growing customer base. The company adopts a hands-on approach to value creation, leveraging the collective experience of its team, which includes former institutional investors and entrepreneurs. EWA Capital is particularly dedicated to supporting businesses that aim to close the gender gap and drive social change, while also targeting high returns for its investments.

Paula Arango

Principal

Jaime Bastidas

Principal

Pablo González del Corral

Operating Partner

Victor Muñoz

Investment Committee Member and Operating Partner

Claudia Salazar Orozco

Principal

Melissa Sesana

Operating Partner

Past deals in Colombia

Tpaga

Series A in 2022
Tpaga is a mobile wallet service aimed at unbanked consumers in Latin America, specifically operating in Colombia and Mexico. With over 50% of the population lacking credit cards or bank accounts, Tpaga leverages the widespread use of mobile phones to provide financial access. Users can deposit cash at a network of approximately 4,000 kiosks and utilize those funds to pay for utility bills, top up mobile phones, and make purchases at supermarkets and gas stations. Notably, Tpaga has pioneered the ability for consumers to pay for groceries without a bank account and enables unbanked merchants to accept payments without needing traditional point-of-sale systems. Additionally, the company offers a Fintech-as-a-Service platform that provides banking APIs and white-label mobile wallets to banks, fintechs, telecommunications companies, and retailers, facilitating various digital transactions for users.

Sempli

Venture Round in 2021
Sempli is a digital financial institution based in Colombia that focuses on providing an all-in-one banking solution for small and medium-sized businesses. The company operates an online lending platform designed to facilitate access to capital for these enterprises, helping them grow and enhance their value. By leveraging technology and information, Sempli streamlines the lending process, making it more efficient and convenient for entrepreneurs seeking funding. This approach aims to empower small and medium businesses, enabling them to thrive in a competitive market.

Merqueo

Seed Round in 2016
Merqueo is a Colombian company founded in 2017, specializing in the delivery of groceries and home essentials. Operating from its own dark-store infrastructure, Merqueo offers a wide selection of products ranging from fresh fruits and vegetables to household items and personal care products. Customers can choose from 2,000 to 10,000 items, including frozen foods, dairy products, pharmaceuticals, and spirits, all available through its user-friendly website and mobile application. By providing home delivery services, Merqueo aims to offer convenience and affordability in grocery shopping for its users. The company is headquartered in Bogotá, Colombia.

Platzi

Seed Round in 2015
Platzi Inc. is an online education platform that specializes in providing live and recorded classes focused on design, marketing, programming, and business. Founded in 2010 and headquartered in San Francisco, California, the company aims to facilitate lifelong learning by offering courses that teach in-demand skills to over 80,000 students worldwide. Platzi's curriculum includes application and web development, online marketing, interface design, and server administration, among others. The platform promotes real-time collaboration among students and industry professionals, enhancing the learning experience. Classes are conducted in Spanish, English, and Portuguese, utilizing video and interactive lessons to teach practical skills. With a strong emphasis on completion rates and student engagement, Platzi strives to prepare its users for the evolving demands of the tech industry.
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