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NuMundo Ventures

NuMundo Ventures

Venture Capital and Private Equity Principals

Portola Valley, CA 1,937 followers

Backing exceptional founders at pre-seed and seed

About us

Our mission is to improve the lives of millions of Latin Americans by supporting ambitious teams that get things done, persevere, and learn constantly. We invest in Latin American Fintech, Property tech, and Supply Chain/commerce related companies. With over 40 angel/pre-seed/seed investments in Latin America, we know what it takes to support founders from pre-launch to scaling and through the ups/downs of creating something new. We are a positive force in the Latin American tech ecosystem and connect founders with incredible operators, advisors, and co-investors. Vamos LatAm!

Industry
Venture Capital and Private Equity Principals
Company size
2-10 employees
Headquarters
Portola Valley, CA
Type
Partnership
Founded
2022

Locations

Employees at NuMundo Ventures

Updates

  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Join me in Miami next week to hear about the incredible story of Cashea I will be speaking at the Fintech America’s event on Tuesday, March 18 at 11:15AM and my talk is titled: Catalizadores del Cambio:  Cómo los Emprendedores Están Transformando América Latina Catalysts of Change:  How Entrepreneurs are Transforming Latin America Cashea has gone from launching to transforming consumer credit in a country of 28 million people in a little over 2 years.   I will share the behind the scenes story and the potential of entrepreneurs to make a difference for millions of people. The Fintech Americas conference is one of the largest fintech events with incredible speakers I am excited to meet including: - Marlene Garayzar (Stori) - Ana Cristina Gadala-Maria (QED Investors) - Manuel Silva Martinez (Mouro Capital) - Jose A. Murillo (RappiCard México) - Daniel Vogel (Bitso) If you can join us, get your pass in the first link in the comments. Pedro Julio Vallenilla Sosa, Ramón Lange Fernández, Nicolás Curat, Arnoldo J. Gabaldón

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  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Last Sunday we had a magical evening at my home with 20 Stanford students and several LatAm tech leaders. We had people from Colombia, Mexico, Brazil, Peru, Venezuela, and the US over at my home for networking and a group discussion on LatAm tech. During the group discussion we heard from: * Laura Marino from Nubank * Ana Carolina Mexia Ponce Mexia from Nido Ventures * Enzo Cavalie Calvalie from Reach Capital and Startupeable We also had two founders share their experiences on building in LatAm * Nicolas Rojas Nino from Dapta * Andres Joya Mosquera from Coally The majority of our time was spent chatting one on one and building our connections. I really enjoyed hearing about students' plans for startups and learning more about their journeys to Stanford. But most of all, the event was about building community. As I shared with the group, there is a theory about relationships and networks that I believe in: * You have a close inner circle (~5) of very close family and friends * You have a slightly wider circle (~15) of friends you interact with frequently * Then you have the third circle (~130) of people that you share common interests Ironically, the third circle may be the most important for professional success.    This broader community shares some of your interests but their social networks and perspectives can be very different from yours which can spark learning, unknown opportunities, and personal growth. I am a “network” driven investor and I cannot tell you how many amazing people I have met and investment opportunities I have been lucky to see because of the time I invest in building relationships with the third circle. I encourage you all to build your community, take a genuine interest in others, and always be learning and growing! Alfredo Méndez, Antonia Bezanilla, Carlos Andrés Espriú Corella, Christian Gallo, Consuelo Gamé, Gabriela Tafur, Juan Diego Garcia, Juan Tomás Gómez, Natalia Navas, Nicolás Libos Zabala, Pablo Castro Salgado, Ramon Silva, Rinay Picard Mack Meyer, Nelson Koen, Elias Mufarech, Paul Navarro, Andres Fajardo, Hilary Holmquest

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  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Christophe Robilliard and the team at Kashin 💸 are building one of the top fintechs in LatAm starting with Peru. I first met Christophe back in January of 2022 and invested as an angel into Kashin in their early days. At the time, their mission was to provide credit to the unbanked in Peru via a mobile application and a unique go-to-market (GTM) strategy which relied on referrals and tapping into the social network of existing users. Kashin got accepted to Y Combinator a few months later and we had lunch in Burlingame in June of 2022 where he gave me a nice blue Kashin branded jacket. Since then the company worked hard for several years refining their credit model, optimizing their GTM, and keeping burn low while they iterated their way to product market fit. Starting about the middle of 2024, the signals of product market fit became much stronger.  *Revenue grew 3X in 6 months * They are profitable with superior credit performance * Customers love the product with high NPS and Sean Ellis PMF test results * They are launching an open wallet for B2B partners to use Kashin as a payment method * Kashin serve tens of thousands of users every month When we met in Miami in January, I finally returned the favor and gave Christophe a NuMundo Ventures jacket. It’s awesome to see a team execute over 3 years and I am excited to see Kashin’s success in 2025!

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  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Just finished an awesome podcast with Enzo Cavalie. Startupeable, Enzo’s podcast, is arguably the top podcast for startups in LatAm. 3M people subscribe to the podcast and roughly 15-20K listen or watch each episode with some of their most popular episodes reaching 300K or more. Just think about that.  Roughly a stadium of people listen to a Spanish speaking podcast about LatAm startups every week.   That is awesome. I have been one of those loyal listeners for years, improving my Spanish while learning from the players in the field including founders, investors, and operators. Enzo is a VC as well at Reach Capital and invests in the Education and Healthcare sectors including investments in Latin America including the recent series A for Mexican startup Cometa. Enzo and his team prepared very well so we covered topics and stories I have never shared before. All in Spanish and a little bit of Spanglish 😂 After we turned off the cameras and audio, we kept on talking for about another hour about specific companies and many of the LatAm founders that have moved to the Bay Area recently If you are not a listener to Startupeable, I highly recommend you subscribe on YouTube, Spotify, or Apple. Thanks Enzo for all you do and for hosting me. Stay tuned everyone!

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  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    I first met Nicolas Rojas Nino over lunch in Palo Alto in the summer of 2023. 1.5 years later, I am excited to be an investor and partner to Nico, Daniel Ordóñez Rubiano, Felipe G., and the entire Dapta team. Nico was in town in the summer of 2023 for a 500 LatAm boot camp and he shared his initial idea for Dapta (thanks René Lomelí Ojeda and Cecilia Ezquerro Souza for coming to my place!) It was about connectors, workflows, developers, etc. which was far out of my area of focus as an investor.  I did not resonate with the idea but I really liked Nico.  Nico started a software development firm Imagine Apps at age 17, grew it to 70+ employees, and now was starting his second company.  Nico had the rare combination of being highly technical but also very marketing savvy with a large social media following (e.g., 100K followers across platforms). During the lunch I asked Nico a lot of questions and encouraged him to crystalize his value proposition and target customer profile. Fast forward 6 months, we met by chance in Miami.    Nico told me Dapta’s initial idea did not gain as much traction as they hoped so they worked hard to see how to leverage their product for a stronger value proposition.   The team executed a pivot and focused on helping SMBs use AI for sales and marketing.   I was intrigued by their direction but mostly I remember thinking Nico was the type of founder I like to work with:  fast learner, thoughtful, listener, sense of urgency.   Fast forward another 8 months and we met again in Miami on my way to Colombia Tech Week.  We had scheduled a 1 hour meeting that turned into 2-3 hours of deep discussion on how they had evolved since the last time we met, the traction they were seeing, and his vision to build a global company. Although NuMundo Ventures primarily invests in Fintech, Supply Chain, and Proptech companies, I was so impressed with this founder that I made the decision I wanted to work with Nico.   Over the coming months a group of us (Renzo Viale, Diego Bartoli) rolled up our sleeves to learn about Dapta, where early customers were seeing value, and how they were competing vs. all the other AI companies in their space.  During this process, the founders spent a week at my home and met with other founders (e.g., Roberto Peñacastro Ortega, Luis Mario Garcia,Fernando Huerta), learned best practices, and got served breakfast every morning 😀 So what is Dapta? * Dapta is the fastest way for SMBs to use AI for sales, marketing, and operations.  * With a product-led growth strategy, thousands of SMBs around the world use the product.  * Customers start with a small implementation, see value quickly, and then expand their use of the product. I believe Dapta can be an example of a company born in LatAm that becomes a global leader in its industry. The journey is only beginning and I can’t wait to support this team for years to come!

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  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    I am happy to share my second spanish podcast! I had the pleasure to speak with Marcel (Nacho) Imery who is an accomplished lawyer, founder, and investor originally from Venezuela but now based in New York. We covered a lot of topics including: 1) My hands on approach to investing and supporting early stage founders in LatAm 2) Why I am so optimistic about the opportunity for startups in Latin America 3) The connection I have to Venezuelan founders having backed Cashea and Yummy (pictured below) 4) NuMundo Ventures investment approach and strategy And much more 95% of my meetings with founders are in Spanish and when I am at a loss for a word I revert to Spanglish 🙂 Over the coming weeks you will be hearing more about NuMundo in podcasts in Spanish and English. Check out the blog post Nacho created on the podcast which also includes links to the podcst https://lnkd.in/gaYG7G9Y You can listen to the podcast on Spotify or Apple in the links in the comments. Thanks so much Nacho for the opportunity! Pedro Julio Vallenilla Sosa, Vicente Zavarce

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  • OZON is the type of company we love at NuMundo Ventures * solves a critical problem (credit for mobility, credit for gig workers) * huge market (more motos in LatAm than the US ) * exceptional founders (2 time founders, growth mindset, resilient, insightful : Daniel Otero , Miguel Ocampo ) * in thesis (fintech) Let’s go Ozon! -Ivan

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    When I first began investing in LatAm, I was drawn to founders tackling the problems with mobility for people and products.   Early on I appreciated the important role of motorcycle transport across the region and jumped at the opportunity to make an angel investment in OZON , co-founded and led by Daniel Otero. Ozon makes it easy for people to buy and sell motorcycles, including providing financing. Their value proposition is very strong for gig workers and people who lack traditional financing options due to limited credit history. “We use non-traditional channels to assess people's income and offer them credit. Ozon empowers individuals to increase their earnings by providing income-generating assets such as motorcycles” Daniel Otero. The team at Ozon has been extremely resilient, expanded operations in Mexico, improved their underwriting and collection processes, raised debt to fund their lending, and partnered with Walmart de México y Centroamérica and Auteco to grow supply and distribution. Ozon is part of the 2024 Mexico Early-Stage 100, a list of the most promising early stage companies in Mexico.  These companies are solving very important problems in LatAm and globally and many will be raising capital in 2025. I strongly encourage investors (US and LatAm based) and people looking to work at a startup, to review the 2024 Mexico Early-Stage 100 list (see link in comments) and reach out to those that are a fit for you.

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  • NuMundo Ventures reposted this

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Each founder relationship is unique and my "hands-on" approach is tailored to their needs. Mauricio Valdes and Buildpeer are digitizing one of the largest industries, construction, in the world starting with Mexico. The team of people supporting this company is very impressive and it's been a very rewarding experience working with the Mauricio, Ernesto, and others like Diego Bartoli and Nelson Koen. I hope you watch the video to learn more about Buildpeer, NuMundo, and our approach to supporting founders.

    View profile for Mauricio Valdes

    Founder and CEO at Buildpeer

    I'm beyond excited to share a special conversation I recorded with someone who has truly shaped my journey, Ivan Montoya from NuMundo Ventures. We dive into the story behind Buildpeer, the growth we've experienced, and the incredible ways our industry is evolving. Ivan's mentorship has been invaluable, and his hands-on approach has helped transform not just the business but my own perspective as a founder. In the podcast, we chat about everything from scaling the business to building strong teams and creating lasting partnerships—plus some personal reflections on how far we’ve come in the past few months. Take a moment to listen to our conversation (link in the comments) and get a behind-the-scenes look at how we’re building the future of construction! Let’s keep building! 🚀 #Buildpeer #Growth #Podcast #IndustryInsights #Thankful

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  • NuMundo Ventures believes unlocking credit for consumers and businesses remains a massive opportunity in Latin America. Come join me at the SixPoint Capital Management event in Miami on Tuesday January 21 to see how we can bring credit to the fintechs making an impact in LatAm.

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Raising debt financing for LatAm fintechs is very challenging and needs to improve. Access to credit is one of the biggest blockers to economic development in LatAm and fintechs offer an opportunity to move the region forward. As a VC and an angel I have invested in several lending fintechs including: Cashea (BNPL in Venezuela) AltScore (embedded finance for enterprises across LatAm) OCN (auto financing for gig workers in Mexico) OZON (motorcycle financing in Mexico) Kashin 💸 (consumer credit in Peru) beloz by amiloz (YC W22) (consumer credit in Mexico) I am actively working to find and support debt funds looking to back founders in LatAm. I recently started collaborating with SixPoint Capital Management and I think they are poised to make a big impact in the region having already provided debt to companies like Baubap. I am excited to be at their event in Miami on Tuesday, January 21, 2025 and if you work at a LatAm fintech that lends to consumers or businesses, I strongly recommend attending the event (link to event in comments). If you are a LatAm fintech interested in working with SixPoint, reach out to Jose A. Colorado G. directly or through the SixPoint website. A.J. Davidson, Brian Neer, Harrison Emmett-Lee, Alvaro Perezcano, Sebastian Molina Gasman, CFA

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  • Let's go Nubank Colombia!

    View profile for Ivan Montoya

    LatAm Super Angel + VC

    Happy that my trip to Colombia 🇨🇴 took me to the Nubank office and Carlos Prada. The offices are across the street from the Universidad EAN where we hosted our Colombia Tech Week event earlier in the day. I got the full tour and we were able to go on the rooftop to take in the stunning views of Bogota. Nubank, along with Mercado Libre, are the icons of the tech startup world in Latin America. Each new market Nubank opens is a new entrepreneurial journey for the company and their team. Colombia is the third country in LatAm for NuBank and after years of setting a strong foundation, is now experiencing rapid growth. To hear the stories from Carlos and many of the early team members in Colombia, it sounds like a classic entrepreneurial journey. Now we are starting to see ex-Nubankers in Colombia starting new companies, including 2 companies on our first Colombia Early Stage 100 list: Guama (Alfredo J. Prieto, Maria Paula Pinzón, Katherine Velilla, Vic) and Palomma (YC W23) (Cipriano Echavarria). It's no surprise Nubankers will be playing a huge role within the ecosystem directly and through their talented team members, especially the Colombians! Samuel Dulik, Laura Marino, David Vélez, Cristina Junqueira

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