Northgate Capital

Northgate Capital, established in 2000, is a global investment firm with offices in San Francisco, London, and Mexico City. It manages approximately $4.8 billion in assets and employs over 50 investment professionals. The firm specializes in venture capital, offering both fund-of-funds and direct investment strategies, and also operates in private equity, focusing on global small market fund-of-funds, Mexico growth equity, and mezzanine finance.

Guillermo Carmona

Principal

Casey Gordon

Interim Managing Partner

Gabriel Mizrahi

Partner

Ali Ojjeh

Investor

Justin Stebbins

Partner

Past deals in Mexico

Quinio

Series A in 2022
Founded in 2020, Quinio is a Mexico City-based company that acquires and grows high-quality e-commerce brands. It collaborates with entrepreneurs to maintain brand essence while exponentially expanding their reach through technology-driven strategies.

iVOY

Venture Round in 2021
iVOY is a digital delivery logistics platform based in Mexico, specializing in rapid delivery services that can be monitored in real time through smartphones or computers. Established in 2011, the company has transitioned from an offline start-up to a technology-driven service, utilizing crowdsourcing and GPS technology to enhance the efficiency and speed of local deliveries. iVOY caters to both e-commerce businesses needing same-day deliveries and individuals requiring prompt collection or dispatch of items within 90 minutes. The platform operates primarily in Mexico City and Guadalajara, with plans for national and international expansion. iVOY collaborates with over 250 motorcyclists, providing them with income opportunities and integrating them into the formal economy, while ensuring customer satisfaction through comprehensive tracking and control of shipments. Currently, the service is available on iOS, with an Android version anticipated for release.

Natgas

Private Equity Round in 2017
Natgas is Mexico's leading operator of natural gas service stations. It offers an integrated solution comprising service stations, car conversion shops, and financing support for customers transitioning to eco-friendly fuel alternatives.

Linio

Private Equity Round in 2016
Linio is an e-commerce company based in Mexico City, Mexico, established in 2012. It operates an online marketplace that offers a diverse range of consumer goods, including home appliances, electronics, technology products, fashion, sporting goods, toys, books, and personal care items. The company serves several rapidly growing markets in Latin America, including Mexico, Colombia, Peru, and Venezuela. Linio focuses on providing consumers with a wide selection of products at competitive prices, often featuring attractive deals and discounts. As of August 2018, Linio functions as a subsidiary of Falabella S.A.

Elara Comunicaciones

Acquisition in 2015
Elara Comunicaciones is a prominent provider of telecommunication and technology services in Mexico and Latin America, specializing in satellite communication technology. Established in 2004, the company operates a teleport in Mexico, recognized for its significant economic growth and ranked among the top independent teleports globally. Elara's services focus on delivering internet, data, and voice connectivity to isolated areas, facilitating communication for clients in sectors such as government, mining, banking, and oil. Through its extensive satellite network, Elara provides reliable connectivity solutions, including Wi-Fi and mobile services, even in remote regions, ensuring that clients can effectively send and receive data despite challenging geographical conditions.

Linio

Venture Round in 2014
Linio is an e-commerce company based in Mexico City, Mexico, established in 2012. It operates an online marketplace that offers a diverse range of consumer goods, including home appliances, electronics, technology products, fashion, sporting goods, toys, books, and personal care items. The company serves several rapidly growing markets in Latin America, including Mexico, Colombia, Peru, and Venezuela. Linio focuses on providing consumers with a wide selection of products at competitive prices, often featuring attractive deals and discounts. As of August 2018, Linio functions as a subsidiary of Falabella S.A.
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