IGNIA

IGNIA is a Mexico-based venture capital firm founded in 2007 that invests across early to growth stages in Latin America, focusing on health, financial services, education and technology companies. It targets ventures that serve low-income populations and address basic services such as healthcare, housing, water and energy, and prefers sectors like fintech, SaaS, edtech, healthtech, e-commerce and marketplaces. Investments are primarily in equity, with occasional subordinated debt or convertible debt structures, and the firm pursues co-investments with other investors. The firm concentrates on opportunities in Mexico and Latin America and supports high-growth enterprises at the base of the pyramid, including B2C businesses, seeking to generate positive social impact alongside financial returns.

Juan Ansaldo

Associate

Juan Ansaldo

Associate

Pilar Baeza

Associate

Michael Chu

Managing Director

Jose Antonio Fernandez Verda

Associate

Natalia Fernandez de Araoz

Analyst

Santiago Gallardo

Associate

Leyre Garrido

Associate

Laura M Gonzalez Gutierrez

Associate

Otto Graff Navarro

Partner

Patrick Heinemann

Principal

Leyre Iriso

Associate

Christine Kenna

Partner

Leon Kraig

General Partner

Mauricio Restrepo Franco

Associate

Alvaro Rodriguez Arregui

Managing Partner

Cristina Santisteban

Analyst

Fabrice Serfati

General Partner

Past deals in Latin America

Aviva

Seed Round in 2024
Aviva is developing an AI-driven digital bank focused on serving underbanked communities in Latin America. Initially targeting Mexico's unsecured credit market, Aviva offers inclusive financial services through innovative physical onboarding kiosks and novel AI-based risk models.

Nocnoc

Series A in 2023
Nocnoc is a cross-border e-commerce platform that connects global sellers with Latin American marketplaces and serves merchants and final customers. The company provides integrated logistics, marketing services, and technology to help international brands reach Latin American consumers through a single platform. It supports Latin American marketplaces entering cross-border commerce and enables sellers to increase volumes by delivering a domestic-feeling shopping experience, regardless of product origin. Nocnoc combines its software with a team of local experts to analyze supply and market demand, optimize pricing and conversions, and streamline listings across multiple marketplaces, reaching millions of consumers each month. Founded in 2017, Nocnoc is based in Montevideo, Uruguay.

Lentesplus

Series E in 2021
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.

OFI

Convertible Note in 2020
Founded in Bogota, Colombia by Peter Otroske in April 2014, OFI specializes in providing technology solutions to businesses of varying sizes. It operates a B2B portal offering stationery, software, and hardware products.

Lentesplus

Series D in 2020
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.

Virket

Seed Round in 2020
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.

OFI

Series B in 2019
Founded in Bogota, Colombia by Peter Otroske in April 2014, OFI specializes in providing technology solutions to businesses of varying sizes. It operates a B2B portal offering stationery, software, and hardware products.

Apli

Seed Round in 2019
Apli provides enterprise software that simplifies recruitment, onboarding, and learning processes for large employers in Latin America and the United States. Its platform integrates multichannel chatbots and AI-powered tools to manage the full employee lifecycle, from candidate engagement to onboarding and ongoing development, with a focus on frontline workforces. The end-to-end recruitment solution leverages artificial intelligence and machine learning to improve hiring efficiency by matching qualified candidates to openings across roles such as administrative, sales, and service positions. Designed for scale and usability, Apli aims to deliver a streamlined candidate and employee experience while boosting workforce productivity for enterprise clients.

Afluenta

Series C in 2019
Afluenta S.A. is a pioneering company based in Buenos Aires, Argentina, specializing in peer-to-peer lending and loans through its innovative online platform. Founded in 2008, Afluenta connects borrowers with lenders, allowing individuals and small to medium-sized enterprises (SMEs) to access loans at more competitive rates than those offered by traditional financial institutions. The platform not only provides borrowers with easier access to credit but also offers investors attractive yields on their funds. Afluenta operates in multiple countries across Latin America, including Argentina, Mexico, and Peru, with plans for future expansion into Colombia and Brazil. Its fully automated marketplace lending model features real-time credit assessment, risk scoring, and a secondary market where investors can trade loans, enhancing liquidity and efficiency in the lending process.

DogHero

Series C in 2019
DogHero, Ltd. is a company based in São Paulo, Brazil, that operates a peer-to-peer platform designed to connect pet owners with trusted sitters. Founded in 2014, DogHero provides a marketplace for various pet care services, including dog boarding, sitting, walking, and daycare. The platform allows pet owners to find reliable hosts who can care for their dogs in a familiar environment while they are away. By facilitating these connections, DogHero aims to ensure that pets receive the attention and care they need, maintaining their regular routines. As of October 2020, DogHero is a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.

Virket

Seed Round in 2019
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.

GoTrendier

Venture Round in 2019
GoTrendier operates an online marketplace for second-hand clothing and accessories. The platform allows users to list pre-owned apparel, browse and purchase items from other individuals, and manage transactions with integrated shipping options. It helps users monetize unused wardrobe items and access a wide selection of brands in a sustainable manner, offering affordable fashion. In Colombia, listings are free, and the service supports user-to-user commerce, enabling people to discover new favorites and give clothing a second life while keeping costs down and waste to a minimum.

Lentesplus

Series C in 2018
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.

GoTrendier

Series B in 2018
GoTrendier operates an online marketplace for second-hand clothing and accessories. The platform allows users to list pre-owned apparel, browse and purchase items from other individuals, and manage transactions with integrated shipping options. It helps users monetize unused wardrobe items and access a wide selection of brands in a sustainable manner, offering affordable fashion. In Colombia, listings are free, and the service supports user-to-user commerce, enabling people to discover new favorites and give clothing a second life while keeping costs down and waste to a minimum.

GoTrendier

Seed Round in 2018
GoTrendier operates an online marketplace for second-hand clothing and accessories. The platform allows users to list pre-owned apparel, browse and purchase items from other individuals, and manage transactions with integrated shipping options. It helps users monetize unused wardrobe items and access a wide selection of brands in a sustainable manner, offering affordable fashion. In Colombia, listings are free, and the service supports user-to-user commerce, enabling people to discover new favorites and give clothing a second life while keeping costs down and waste to a minimum.

Virket

Seed Round in 2018
VIRKET is a digital technology and services company focused on empowering local businesses to succeed in the digital landscape. Since its establishment in 2009, VIRKET has delivered over 500,000 digital solutions across more than 20 countries, primarily serving the U.S. Hispanic and Latin American markets. The company specializes in providing a comprehensive platform that allows businesses to grow, manage, and track their online performance. Through a network of large enterprise channel partners, VIRKET offers a range of white-label services, including digital marketing and eCommerce tools, alongside on-demand professional services. This approach enables clients to effectively digitize their operations and thrive in an increasingly competitive online environment.

DogHero

Series B in 2017
DogHero, Ltd. is a company based in São Paulo, Brazil, that operates a peer-to-peer platform designed to connect pet owners with trusted sitters. Founded in 2014, DogHero provides a marketplace for various pet care services, including dog boarding, sitting, walking, and daycare. The platform allows pet owners to find reliable hosts who can care for their dogs in a familiar environment while they are away. By facilitating these connections, DogHero aims to ensure that pets receive the attention and care they need, maintaining their regular routines. As of October 2020, DogHero is a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.

VISOR ADL

Seed Round in 2017
Visor ADL, S.A.P.I. de C.V. is a Mexico City-based company that specializes in developing a loan originator and customer management platform tailored for financial institutions. Founded in 2015, the company provides a range of services including customer management, dynamic risk analytics, proactive loan placement, and dynamic portfolio management. Visor ADL aims to empower enterprises by offering data and insights to facilitate critical financing and trade decisions related to private companies. The company is focused on building a comprehensive Enterprise Health Bureau in e-invoicing countries and operates in both Mexico and Brazil. It is backed by several venture capital firms, highlighting its commitment to innovation in the financial sector.

Apli

Seed Round in 2017
Apli provides enterprise software that simplifies recruitment, onboarding, and learning processes for large employers in Latin America and the United States. Its platform integrates multichannel chatbots and AI-powered tools to manage the full employee lifecycle, from candidate engagement to onboarding and ongoing development, with a focus on frontline workforces. The end-to-end recruitment solution leverages artificial intelligence and machine learning to improve hiring efficiency by matching qualified candidates to openings across roles such as administrative, sales, and service positions. Designed for scale and usability, Apli aims to deliver a streamlined candidate and employee experience while boosting workforce productivity for enterprise clients.

Lentesplus

Series B in 2017
Lentesplus is an e-commerce platform specializing in contact lens sales. It operates across Colombia, Mexico, Chile, and Argentina, offering competitive pricing up to 30% below market standards. The company focuses on convenience and efficiency, delivering products promptly and prioritizing customer service for seamless reordering.

Afluenta

Series B in 2017
Afluenta S.A. is a pioneering company based in Buenos Aires, Argentina, specializing in peer-to-peer lending and loans through its innovative online platform. Founded in 2008, Afluenta connects borrowers with lenders, allowing individuals and small to medium-sized enterprises (SMEs) to access loans at more competitive rates than those offered by traditional financial institutions. The platform not only provides borrowers with easier access to credit but also offers investors attractive yields on their funds. Afluenta operates in multiple countries across Latin America, including Argentina, Mexico, and Peru, with plans for future expansion into Colombia and Brazil. Its fully automated marketplace lending model features real-time credit assessment, risk scoring, and a secondary market where investors can trade loans, enhancing liquidity and efficiency in the lending process.

Pangea Money Transfer

Series B in 2016
Pangea Money Transfer is a mobile-centric money transfer platform founded in 2012 and headquartered in Chicago, Illinois. The company enables users to send money from the United States to 15 countries across Latin America and Asia in under 30 seconds for a low flat fee. The platform offers features such as automatic transfers, international bill payments, and remittance integration, ensuring fast, secure, and convenient transactions. Recipients can collect cash at thousands of retail locations or have funds directly deposited into a bank account or onto a debit card, making money movement accessible and efficient for users on the go.

IGNIA

Venture Round in 2008
IGNIA is a Mexico-based venture capital firm founded in 2007 that invests across early to growth stages in Latin America, focusing on health, financial services, education and technology companies. It targets ventures that serve low-income populations and address basic services such as healthcare, housing, water and energy, and prefers sectors like fintech, SaaS, edtech, healthtech, e-commerce and marketplaces. Investments are primarily in equity, with occasional subordinated debt or convertible debt structures, and the firm pursues co-investments with other investors. The firm concentrates on opportunities in Mexico and Latin America and supports high-growth enterprises at the base of the pyramid, including B2C businesses, seeking to generate positive social impact alongside financial returns.

Aviva

Aviva is developing an AI-driven digital bank focused on serving underbanked communities in Latin America. Initially targeting Mexico's unsecured credit market, Aviva offers inclusive financial services through innovative physical onboarding kiosks and novel AI-based risk models.
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