Aviva operates an AI-powered digital bank aimed at providing financial services to underbanked communities in Latin America, particularly targeting unsecured credit products for individuals and nano-businesses in Mexico. The company focuses on reaching the over 40 million underbanked Mexicans, many of whom reside in small and medium-sized towns, through physical onboarding kiosks. These nano-branches facilitate a documentless onboarding process via a three-minute video that leverages AI technology, including natural language processing, to streamline credit applications. By transforming speech to text and assessing customers' emotions and personality through video, Aviva enhances its ability to score thin-file customers effectively. This innovative approach allows Aviva to offer competitive interest rates and meet the financial needs of underserved populations.
Nocnoc is a cross-border e-commerce platform based in Montevideo, Uruguay, founded in 2017. It facilitates the entry of Latin American marketplaces into the global e-commerce landscape while empowering international sellers to increase their sales volumes in the region. Nocnoc combines integrated logistics and targeted marketing services to create a seamless shopping experience for consumers, regardless of the origin of the products. The platform uses advanced technology and insights from local experts to analyze supply and demand, helping sellers optimize pricing and enhance conversion rates. This enables sellers worldwide to access multiple Latin American marketplaces through a single interface, connecting them with millions of consumers each month.
Lentesplus
Series E in 2021
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
Ofi
Convertible Note in 2020
OFI is a technology solutions provider based in Bogota, Colombia, founded on April 16, 2014. The company serves small, medium, and large enterprises through its B2B portal, offering a range of products including stationery, software, and hardware. Additionally, OFI operates as a managed services firm specializing in digital transformation and automation services. Its offerings include public cloud management, data center services, and process automation, aimed at helping clients innovate and enhance their return on investment. By leveraging its expertise, OFI enables businesses to adopt suitable technological solutions tailored to their specific needs.
Lentesplus
Series D in 2020
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
Virket is a digital technology and services provider focused on enhancing local business success across the U.S. Hispanic and Latin American markets. Since its establishment in 2009, the company has delivered over 500,000 digital solutions in more than 20 countries. Virket's platform is designed to support businesses in growing, managing, and tracking their performance through a comprehensive suite of mobile services. This includes digital marketing, eCommerce tools, and on-demand professional services, all aimed at helping clients thrive in the online environment. By partnering with large enterprises across various sectors, Virket has built a strong network that facilitates the digitization of the local business ecosystem.
OFI is a technology solutions provider based in Bogota, Colombia, founded on April 16, 2014. The company serves small, medium, and large enterprises through its B2B portal, offering a range of products including stationery, software, and hardware. Additionally, OFI operates as a managed services firm specializing in digital transformation and automation services. Its offerings include public cloud management, data center services, and process automation, aimed at helping clients innovate and enhance their return on investment. By leveraging its expertise, OFI enables businesses to adopt suitable technological solutions tailored to their specific needs.
Apli is a software company that specializes in streamlining recruitment, onboarding, and learning processes for large employers in Latin America and the United States. The company offers an online end-to-end recruitment platform that utilizes AI technologies, including chatbots and machine learning tools, to enhance the efficiency of hiring. Apli’s solutions are designed to help recruiters easily find suitable candidates for various roles, including administrative assistants, sales personnel, and frontline workers. By focusing on user-friendly applications, Apli aims to improve the overall experience for both candidates and employees, ultimately boosting workforce productivity throughout the employee lifecycle.
Afluenta S.A., founded in 2008 and headquartered in Buenos Aires, Argentina, operates a peer-to-peer lending platform that connects borrowers and investors across Latin America. As the first marketplace lending company in the region, Afluenta facilitates loans for consumers and small to medium-sized enterprises, enabling borrowers to access more favorable rates than those offered by traditional financial institutions. Investors benefit from competitive yields on their funds, with net yields exceeding 20% in recent years. The company has expanded its operations to Argentina, Mexico, and Peru, with plans for further growth in Colombia and Brazil. Afluenta's automated platform streamlines the lending process, encompassing credit assessment, risk scoring, loan servicing, and a secondary market for trading loans, thereby enhancing liquidity for investors.
DogHero, Ltd. operates a peer-to-peer platform that connects pet owners with trusted sitters, facilitating a marketplace for dog boarding services. Founded in 2014 and based in Sao Paulo, Brazil, the company offers solutions for dog owners to find pet-hosting services, including dog boarding, sitting, walking, and daycare. Through its platform, DogHero enables pet owners to find reliable hosts who provide care and maintain a routine for their dogs while the owners are away. As of October 2020, DogHero operates as a subsidiary of Petsupermarket Comércio de Produtos Para Animais S.A.
Virket is a digital technology and services provider focused on enhancing local business success across the U.S. Hispanic and Latin American markets. Since its establishment in 2009, the company has delivered over 500,000 digital solutions in more than 20 countries. Virket's platform is designed to support businesses in growing, managing, and tracking their performance through a comprehensive suite of mobile services. This includes digital marketing, eCommerce tools, and on-demand professional services, all aimed at helping clients thrive in the online environment. By partnering with large enterprises across various sectors, Virket has built a strong network that facilitates the digitization of the local business ecosystem.
GoTrendier
Venture Round in 2019
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. It allows users to post and sell clothes they no longer wear, providing an opportunity to earn money from their unused fashion items. The platform is designed to enable users to browse and purchase clothing from other individuals, making it easier to find unique and affordable pieces. GoTrendier promotes sustainability by encouraging the recycling of clothing, while also offering a user-friendly experience for those looking to refresh their wardrobes. The service is free for users, allowing them to connect and engage in a vibrant community centered around fashion.
Lentesplus
Series C in 2018
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
GoTrendier
Series B in 2018
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. It allows users to post and sell clothes they no longer wear, providing an opportunity to earn money from their unused fashion items. The platform is designed to enable users to browse and purchase clothing from other individuals, making it easier to find unique and affordable pieces. GoTrendier promotes sustainability by encouraging the recycling of clothing, while also offering a user-friendly experience for those looking to refresh their wardrobes. The service is free for users, allowing them to connect and engage in a vibrant community centered around fashion.
GoTrendier
Seed Round in 2018
GoTrendier is an e-commerce platform based in Colombia that facilitates the buying and selling of second-hand clothing. It allows users to post and sell clothes they no longer wear, providing an opportunity to earn money from their unused fashion items. The platform is designed to enable users to browse and purchase clothing from other individuals, making it easier to find unique and affordable pieces. GoTrendier promotes sustainability by encouraging the recycling of clothing, while also offering a user-friendly experience for those looking to refresh their wardrobes. The service is free for users, allowing them to connect and engage in a vibrant community centered around fashion.
Virket is a digital technology and services provider focused on enhancing local business success across the U.S. Hispanic and Latin American markets. Since its establishment in 2009, the company has delivered over 500,000 digital solutions in more than 20 countries. Virket's platform is designed to support businesses in growing, managing, and tracking their performance through a comprehensive suite of mobile services. This includes digital marketing, eCommerce tools, and on-demand professional services, all aimed at helping clients thrive in the online environment. By partnering with large enterprises across various sectors, Virket has built a strong network that facilitates the digitization of the local business ecosystem.
DogHero, Ltd. operates a peer-to-peer platform that connects pet owners with trusted sitters, facilitating a marketplace for dog boarding services. Founded in 2014 and based in Sao Paulo, Brazil, the company offers solutions for dog owners to find pet-hosting services, including dog boarding, sitting, walking, and daycare. Through its platform, DogHero enables pet owners to find reliable hosts who provide care and maintain a routine for their dogs while the owners are away. As of October 2020, DogHero operates as 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 is a software company that specializes in streamlining recruitment, onboarding, and learning processes for large employers in Latin America and the United States. The company offers an online end-to-end recruitment platform that utilizes AI technologies, including chatbots and machine learning tools, to enhance the efficiency of hiring. Apli’s solutions are designed to help recruiters easily find suitable candidates for various roles, including administrative assistants, sales personnel, and frontline workers. By focusing on user-friendly applications, Apli aims to improve the overall experience for both candidates and employees, ultimately boosting workforce productivity throughout the employee lifecycle.
Lentesplus
Series B in 2017
Lentesplus is a prominent e-commerce platform specializing in contact lenses, catering to the Latin American market. The company modernizes the purchasing of visual health devices by offering a user-friendly platform that allows customers to order contact lenses at competitive prices, typically 20% to 30% below market standards. Lentesplus emphasizes customer convenience, providing home or office deliveries, often on the same day as the order, and facilitating a seamless reordering process that requires just two clicks. The platform also offers visual exams conducted by specialists to accurately assess customers' needs for various lens sizes and attributes. With operations in Colombia, Mexico, Chile, and Argentina, Lentesplus is committed to enhancing the shopping experience for contact lens users in the region.
Afluenta S.A., founded in 2008 and headquartered in Buenos Aires, Argentina, operates a peer-to-peer lending platform that connects borrowers and investors across Latin America. As the first marketplace lending company in the region, Afluenta facilitates loans for consumers and small to medium-sized enterprises, enabling borrowers to access more favorable rates than those offered by traditional financial institutions. Investors benefit from competitive yields on their funds, with net yields exceeding 20% in recent years. The company has expanded its operations to Argentina, Mexico, and Peru, with plans for further growth in Colombia and Brazil. Afluenta's automated platform streamlines the lending process, encompassing credit assessment, risk scoring, loan servicing, and a secondary market for trading loans, thereby enhancing liquidity for investors.
IGNIA
Venture Round in 2008
IGNIA Partners, LLC, established in 2007, is a venture capital firm headquartered in Mexico City, with an additional office in Monterrey. The firm specializes in early to late-stage investments, focusing on companies that provide innovative technology solutions addressing fundamental needs in Latin America, particularly those serving low-income populations. IGNIA invests in sectors such as healthtech, fintech, SaaS, edtech, e-commerce, and AI-enabled platforms, seeking to acquire significant equity stakes, often up to 100%, and aiming for a seat on the board of its portfolio companies. The firm typically invests between $2 million and $11 million in equity, targeting companies based in Mexico and Latin America, and considers co-investments with other organizations. IGNIA's investments are guided by a mission to deliver positive impact on people's lives through goods and services in areas like healthcare, housing, education, financial services, and basic utilities.
Aviva operates an AI-powered digital bank aimed at providing financial services to underbanked communities in Latin America, particularly targeting unsecured credit products for individuals and nano-businesses in Mexico. The company focuses on reaching the over 40 million underbanked Mexicans, many of whom reside in small and medium-sized towns, through physical onboarding kiosks. These nano-branches facilitate a documentless onboarding process via a three-minute video that leverages AI technology, including natural language processing, to streamline credit applications. By transforming speech to text and assessing customers' emotions and personality through video, Aviva enhances its ability to score thin-file customers effectively. This innovative approach allows Aviva to offer competitive interest rates and meet the financial needs of underserved populations.