Mercado Libre Fund is the famous VC, which was founded in 2013. The main office of represented VC is situated in the Buenos Aires. The fund was located in South America if to be more exact in Argentina. Mercado Libre Fund appeared to be a CVC structure as part of the corporation.
The typical case for the fund is to invest in rounds with 2-3 participants. Despite the Mercado Libre Fund, startups are often financed by Wayra, Start-Up Chile, NXTP Labs. The meaningful sponsors for the fund in investment in the same round are NXTP Labs, monashees, Wayra. In the next rounds fund is usually obtained by Wayra, Start-Up Chile, Jaguar Ventures.
Besides them, we counted 1 critical employee of this fund in our database.
For fund there is a match between the country of its foundation and the country of its the most frequent investments - Argentina. Among the most popular portfolio startups of the fund, we may highlight TROCAFONE, 123Seguro, Increase. Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 1 of the founder, the chance for it to get the investment is meager. Among the most popular fund investment industries, there are E-Commerce, Information Services.
Deals in the range of 1 - 5 millions dollars are the general things for fund. The top activity for fund was in 2017. The real fund results show that this VC is 16 percentage points less often commits exit comparing to other companies. Opposing the other organizations, this Mercado Libre Fund works on 25 percentage points less the average amount of lead investments. The fund is constantly included in 2-6 investment rounds annually. The average startup value when the investment from Mercado Libre Fund is 1-5 millions dollars.
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Notable deals
Company | Industry | Round Size | Date | Investors | Location |
CXC | 22 Oct 2024 | Mexico City, Distrito Federal, Mexico | |||
Simetrik | $55M | 21 Feb 2024 | Buenaventura, Valle del Cauca, Colombia | ||
BrandLovrs | $2M | 19 Apr 2023 | Sao Paulo, São Paulo, Brazil | ||
Elenas | $20M | 11 Oct 2022 | Buenaventura, Valle del Cauca, Colombia | ||
Simetrik | $20M | 24 Mar 2022 | Buenaventura, Valle del Cauca, Colombia | ||
Intuitivo | $7M | 15 Mar 2022 | São Paulo, São Paulo, Brazil | ||
Simetrik | $3M | 03 May 2021 | Buenaventura, Valle del Cauca, Colombia | ||
Warren Brasil | $57M | 28 Apr 2021 | Porto Alegre, Rio Grande do Sul, Brazil | ||
Intuitivo | $1M | 01 Dec 2020 | São Paulo, São Paulo, Brazil |
– Digital House, a Buenos Aires-based edtech focused on developing tech talent through immersive remote courses, announced today it has raised more than $50 million in new funding.
– Notable investors are Mercado Libre and Globant.
– The raise brings Digital House’s total funding raised to more than $80 million since its 2016 inception.
– The Rise Fund led a $20 million Series B for Digital House in December 2017, marking the San Francisco-based firm’s investment in Latin America.
– Nelson Duboscq, CEO and co-founder of Digital House, said that accelerating demand for tech talent in Latin America has fueled demand for the startup’s online courses.
– Since it first launched its classes in March 2016, the company has seen a 118% CAGR in revenues and a 145% CAGR in students.
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Latest deals
Company | Industry | Round Size | Date | Investors | Location |
CXC | 22 Oct 2024 | Mexico City, Distrito Federal, Mexico | |||
Simetrik | $55M | 21 Feb 2024 | Buenaventura, Valle del Cauca, Colombia | ||
BrandLovrs | $2M | 19 Apr 2023 | Sao Paulo, São Paulo, Brazil | ||
Elenas | $20M | 11 Oct 2022 | Buenaventura, Valle del Cauca, Colombia | ||
Simetrik | $20M | 24 Mar 2022 | Buenaventura, Valle del Cauca, Colombia | ||
Intuitivo | $7M | 15 Mar 2022 | São Paulo, São Paulo, Brazil | ||
Simetrik | $3M | 03 May 2021 | Buenaventura, Valle del Cauca, Colombia | ||
Warren Brasil | $57M | 28 Apr 2021 | Porto Alegre, Rio Grande do Sul, Brazil | ||
Intuitivo | $1M | 01 Dec 2020 | São Paulo, São Paulo, Brazil |