
Hi Ventures
Description
Hi Ventures is a prominent early-stage venture capital fund based in Mexico City, Mexico, dedicated to fueling the growth of high-potential startups across Latin America. The firm primarily targets companies in their Pre-Seed, Seed, and Pre-Series A stages, aiming to identify and support disruptive businesses from their foundational phases. With a strategic focus on the burgeoning tech ecosystem in the region, Hi Ventures positions itself as a key partner for founders seeking not just capital, but also strategic guidance and network access.
The fund's investment thesis centers on sectors poised for significant transformation and scalability. Hi Ventures actively seeks opportunities within diverse verticals including Software-as-a-Service (SaaS), Fintech, Marketplaces, E-commerce, Proptech, Logistics, Healthtech, and Edtech. This broad yet targeted approach allows them to capture innovation across various segments of the digital economy. A defining characteristic of their investment strategy is their typical first check size, which ranges from $100,000 USD to $500,000 USD. This range indicates their commitment to providing crucial early capital that can help startups achieve key milestones and attract subsequent funding rounds.
Beyond financial investment, Hi Ventures emphasizes a hands-on approach, leveraging the extensive experience of its managing partners, Ricardo Elizondo and Fernando Lelo de Larrea, to provide operational support and strategic mentorship. The firm is known for its active participation in the development of its portfolio companies, helping them navigate challenges related to product-market fit, team building, and market expansion. Their commitment to the regional startup ecosystem is evident in their growing portfolio, which includes companies like Ruedata and Nuvocargo, contributing to the innovation landscape in Mexico and beyond. Hi Ventures plays a vital role in nurturing the next generation of Latin American tech leaders, fostering a dynamic environment for entrepreneurial success.
Investor Profile
Hi Ventures has backed more than 32 startups, with 2 new investments in the last 12 months alone. The firm has led 18 rounds, about 56% of its total and boasts 7 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series B rounds (top funding stages).
- Majority of deals are located in Mexico, United States, Chile.
- Strong thematic focus on FinTech, Software, Financial Services.
- Led 1 rounds in the past year.
- Typical check size: $100K – $500K.
Stage Focus
- Seed (34%)
- Series A (31%)
- Series B (22%)
- Pre Seed (6%)
- Series Unknown (6%)
Country Focus
- Mexico (56%)
- United States (19%)
- Chile (13%)
- Brazil (6%)
- Colombia (3%)
- Spain (3%)
Industry Focus
- Fintech
- Software
- Financial Services
- E-commerce
- Finance
- Marketplace
- Information Technology
- Internet
- B2b
- Mobile
Frequently Asked Questions
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