Unpopular Ventures

Unpopular Ventures, founded in 2019 and based in Seattle, Washington, is a venture capital firm that focuses on investing in technology companies that are often overlooked by traditional investors. Since its inception, the firm has allocated $75 million across approximately 500 startups, demonstrating a commitment to identifying and supporting innovative ventures. Unpopular Ventures actively invests in 30 to 40 companies each quarter, although it may not consistently update its public investment records. The firm operates as a Registered Investment Adviser, emphasizing its dedication to guiding and nurturing emerging businesses in the tech landscape.

Sergii Zhuk

Venture Partner

Past deals in Andes

MegaBite Food

Seed Round in 2022
MegaBite is a multibrand cloud kitchen restaurant that specializes in offering premium gastronomic brands at midrange prices targeted at the middle class in Latin America. The company operates exclusively through digital channels, utilizing integrated kitchen software and hardware to facilitate efficient order processing. MegaBite runs its operations from rented dark kitchens, which allows for a modular growth model that enhances scalability. This innovative approach enables the opening of new kitchens with significantly lower capital expenditure and much faster timelines compared to traditional restaurants. Operating in Mexico and Peru, MegaBite has achieved impressive growth, averaging 30% month-over-month since its inception. The platform provides customers with access to a variety of virtual restaurant brands, enhancing their culinary choices while ensuring a seamless online ordering and delivery experience.

Foodology

Series A in 2021
Foodology specializes in delivery-focused digital restaurant brands, primarily operating through cloud kitchens in Latin America. The company manages over 80 kitchens across Colombia, Mexico, Brazil, and Peru, allowing it to efficiently scale its restaurant concepts. By leveraging technology and infrastructure, Foodology's virtual brands can quickly adapt and expand their offerings while minimizing setup costs. This innovative approach aims to enhance the food processing experience and optimize operations within the kitchen, ultimately streamlining the growth of its restaurant brands.

Yummy

Seed Round in 2021
Yummy Inc. is a food delivery service that operates a mobile application, allowing users to conveniently order and pay for food through their platform. Founded in 2020 by Vicente Zavarce, the company is headquartered in San Francisco, California, with an additional office in Caracas, Venezuela. Yummy serves customers across Latin America, offering various payment options, including foreign credit cards and cash, to facilitate easy access to food delivery at the desired locations.

99 Minutos

Series B in 2021
99 minutos is a last-mile logistics disruptor for LatAm's burgeoning e-commerce space. The company enables enterprise e-commerce clients to reliably same-day deliver products at low cost - a first for the region. Currently operating in Mexico, Chile, Colombia, and Peru. The company was founded in 2014 by Alexis Patjane and is headquartered in Mexico City, Mexico.

Tributi

Seed Round in 2021
Tributi is a Colombian fintech start-up based in Bogota that specializes in developing an online platform for income tax return preparation. Founded in 2017 and backed by Y Combinator, the platform simplifies tax compliance for individuals in Latin America by automating the tax filing process. It ensures compliance with Colombian tax law by accommodating various income sources, including salaries, freelance work, rental income, pensions, foreign earnings, savings, investments, and the sale of goods. The platform prioritizes user security through advanced data encryption and offers personalized tax consultations. Additionally, it provides a satisfaction guarantee with the option for refunds, enabling taxpayers to efficiently and safely declare their income online.

Foodology

Convertible Note in 2020
Foodology specializes in delivery-focused digital restaurant brands, primarily operating through cloud kitchens in Latin America. The company manages over 80 kitchens across Colombia, Mexico, Brazil, and Peru, allowing it to efficiently scale its restaurant concepts. By leveraging technology and infrastructure, Foodology's virtual brands can quickly adapt and expand their offerings while minimizing setup costs. This innovative approach aims to enhance the food processing experience and optimize operations within the kitchen, ultimately streamlining the growth of its restaurant brands.

99 Minutos

Series A in 2020
99 minutos is a last-mile logistics disruptor for LatAm's burgeoning e-commerce space. The company enables enterprise e-commerce clients to reliably same-day deliver products at low cost - a first for the region. Currently operating in Mexico, Chile, Colombia, and Peru. The company was founded in 2014 by Alexis Patjane and is headquartered in Mexico City, Mexico.

Picap

Seed Round in 2020
Picap Inc. is a Colombian mobility platform that specializes in mototaxi and ride-hailing services. Founded in 2016 and headquartered in Bogotá, the company connects passengers seeking transportation with motorcycle and car owners looking to earn extra income. Picap operates in 13 cities across Colombia, including major urban centers such as Medellín, Bucaramanga, and Cartagena. In addition to its ride-hailing services, Picap also offers logistics solutions, providing businesses with dedicated fleets and warehousing services to facilitate the transport and delivery of goods. This dual focus allows Picap to cater to both individual riders and corporate clients, enhancing its role in the transportation and logistics sectors.

Picap

Seed Round in 2019
Picap Inc. is a Colombian mobility platform that specializes in mototaxi and ride-hailing services. Founded in 2016 and headquartered in Bogotá, the company connects passengers seeking transportation with motorcycle and car owners looking to earn extra income. Picap operates in 13 cities across Colombia, including major urban centers such as Medellín, Bucaramanga, and Cartagena. In addition to its ride-hailing services, Picap also offers logistics solutions, providing businesses with dedicated fleets and warehousing services to facilitate the transport and delivery of goods. This dual focus allows Picap to cater to both individual riders and corporate clients, enhancing its role in the transportation and logistics sectors.

MegaBite Food

MegaBite is a multibrand cloud kitchen restaurant that specializes in offering premium gastronomic brands at midrange prices targeted at the middle class in Latin America. The company operates exclusively through digital channels, utilizing integrated kitchen software and hardware to facilitate efficient order processing. MegaBite runs its operations from rented dark kitchens, which allows for a modular growth model that enhances scalability. This innovative approach enables the opening of new kitchens with significantly lower capital expenditure and much faster timelines compared to traditional restaurants. Operating in Mexico and Peru, MegaBite has achieved impressive growth, averaging 30% month-over-month since its inception. The platform provides customers with access to a variety of virtual restaurant brands, enhancing their culinary choices while ensuring a seamless online ordering and delivery experience.
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