DILA Capital
DILA Capital is a Mexico City-based venture capital firm managing four funds that invests in Spanish-speaking entrepreneurs building companies in Latin America and U.S. Hispanic-market businesses, providing capital and operational support across pre-seed to Series C+.
- Company typePrivate
- Founded2005
- HeadquartersMexico City, Mexico
- Headcount11–50
- GTM typeB2B
- OfferingServices
What DILA Capital does
DILA Capital is a Mexico City-based venture capital firm that has been investing for approximately 15 years across four fund vintages, providing growth capital to Spanish-speaking entrepreneurs building companies in Latin America and to U.S.-based companies serving the Hispanic market. The firm invests from pre-seed through Series C+ and reports 59 portfolio investments, 12 exits, and activity across 11 markets, with disclosed holdings spanning fintech (Kushki, Cobee, Cicada), edtech (mattilda), identity verification (Incode), consumer brands (Ben & Frank), embedded finance (Fairplay), legal-tech (Pacto), and social impact (Someone Somewhere). Its stated differentiation is a network-driven, active-partner model that delivers strategic and operational guidance, commercial introductions, and fundraising support alongside capital.
Operationally, DILA runs a lean team of approximately 15 professionals led by two founding partners (Alejandro Diez Barroso and Eduardo Clavé) and Chief Operating Officer Karla Bitar, with offices in Mexico City (Paseo de los Tamarindos 100, Bosque de las Lomas) and Miami (1395 Brickell Avenue). Corporate infrastructure spans Mexico-domiciled fund vehicles (Dila Capital III LP, Dila Capital IV LP, Fideicomiso 1829 Dila Capital II), management companies (Dila III MC LLC, Dila IV MC, Administradora Dila SC), and a Luxembourg entity (Dila Capital España S.à r.l.) supporting a Spain-focused SCSp fund. Revenue follows the standard VC dual-stream model — recurring management fees on committed capital across the four fund vehicles plus transactional carried interest from realized exits — with the firm actively engaged in ecosystem-building through Founder Friday events, co-hosting of VC Open House during Mexico Tech Week alongside peer VCs (Hi Ventures, NAZCA), and partnerships with service providers (BBVA Spark, Creel García-Cuéllar).
DILA Capital firmographics
Firmographics- Name
- DILA Capital
- Legal name
- Dila Capital
- Website
- http://dilacapital.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- DILA Capital is a Mexico City-based venture capital firm managing four funds that invests in Spanish-speaking entrepreneurs building companies in Latin America and U.S. Hispanic-market businesses, providing capital and operational support across pre-seed to Series C+.
- Ownership category
- akta.pro rank
DILA Capital industry classification
Industry- Product category
- Venture Capital
- NAICS
- Funds, Trusts, and Other Financial Vehicles (525), Other Financial Investment Activities (5239)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where DILA Capital is headquartered
LocationHeadquarters
- HQ city
- Mexico City
- HQ country
- Mexico
- HQ region
- Latin America
Offices2 records
Markets served
DILA Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Management Fees: DILA Capital charges management fees as a standard VC practice, typically a percentage of committed capital under management across its four funds.
- Carried Interest: VC firms typically earn carried interest (carry) from profits generated on successful portfolio company exits. With 12 exits and 59 investments, carry represents a significant revenue stream.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
DILA Capital product offering
Product offeringCore offering
DILA Capital is a venture capital firm that invests growth capital in Spanish-speaking entrepreneurs building companies in Latin America, as well as in U.S.-based companies targeting the Hispanic market. Across four fund vehicles, the firm provides capital alongside active partnership support, including strategic and operational insights, network access for growth and commercial support, and fundraising assistance throughout the investment lifecycle. The firm backs founders from pre-seed through Series C+ across sectors such as fintech, edtech, identity verification, employee benefits, and artisan commerce.
Product overview
DILA Capital operates as a single unified venture capital fund structure, not a platform with discrete products. The firm provides investment capital and active partnership support to portfolio companies throughout the investment lifecycle. The portfolio page displays investments across multiple companies including Someone Somewhere, mattilda, Ben & Frank, Incode, Kushki, Fairplay, Cobee, and Pacto, representing various sectors such as fintech, edtech, identity verification, employee benefits, and artisan commerce.
Differentiator
Problem solved
Functional benefit
Products and services
- DILA Capital VC Fund Multi-fund venture capital program providing growth capital from pre-seed through Series C+ to Spanish-speaking entrepreneurs in Latin America and U.S.-based companies targeting the Hispanic market, with active strategic and operational support throughout the investment lifecycle.
Quantifiable outcome
- 102 entrepreneurs backed, 12 successful exits
- +1 more outcomes
Companies that use DILA Capital
Customer profileNamed customers3 records
Segments2 records
Ideal customer profiles2 records
DILA Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
DILA Capital partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- DALIAminorCo-hosted Founder Friday: Women Who Lead event with DILA Capital and Amela, focusing on women founders and leaders.
- AmelaminorCo-hosted Founder Friday: Women Who Lead event with DILA Capital and DALIA.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
DILA Capital competitors and assessment
Company assessmentDirect peers
- ALLVP: Mexico-anchored early-stage VC investing across Spanish-speaking LatAm with multiple funds. Most direct domestic competitor given overlapping Mexico City base, stage focus, and portfolio overlap.
- monashees: Brazil and broader LatAm early-stage VC with multiple funds since 2005. Overlaps with DILA on Spanish-speaking founders and pan-LatAm ecosystem events and deal flow.
- Hi Ventures: Mexico-focused early-stage VC with multiple funds. Direct competitor in Mexican seed and Series A deals; co-hosts Mexico Tech Week events with DILA.
- Cometa: Early-stage VC focused on Mexican and Spanish-speaking founders with multiple fund vehicles. Competes head-to-head for pre-seed and seed rounds in Mexico and broader LatAm.
- Nazca: Mexico City-based growth-stage VC investing in Spanish-speaking LatAm. Co-hosts ecosystem events with DILA and competes for similar Series A and growth-stage deals.
- Magma Partners: Andean-region focused VC investing in Spanish-speaking LatAm founders from seed through Series A. Comparable stage, geography, and value-add playbook across LatAm markets.
- Kaszek Ventures: Largest LatAm-focused venture capital firm, investing across Spanish-speaking markets with multiple funds. Direct competitor for the same founders, rounds, and LP relationships across Mexico, Argentina, Brazil and Colombia.
- Valor Capital: Cross-border U.S.–Brazil VC with bilingual coverage of Hispanic and Portuguese-speaking markets. Closest peer in the U.S. Hispanic-market thesis that complements DILA's Miami strategy.
Broad incumbents
- BBVA Spark: Corporate venture arm of BBVA targeting Spanish-speaking fintech and enterprise founders. Co-hosts VC Open House with DILA and overlaps on financial-services portfolio bets.
- Andreessen Horowitz (LatAm initiatives): U.S. megafund that has built dedicated LatAm and Spanish-speaking market initiatives. Overlaps with DILA on later-stage rounds in category-leading companies like Kushki and Fairplay.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
DILA Capital social profiles
Digital presenceDILA Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
DILA Capital leadership team
Management profileNumber of profiles
Profiles1 record
DILA Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
DILA Capital M&A and investment
M&A and investmentM&A
Investments68 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about DILA Capital
What does DILA Capital do?
DILA Capital is a venture capital firm that invests growth capital in Spanish-speaking entrepreneurs building companies in Latin America, as well as in U.S.-based companies targeting the Hispanic market. Across four fund vehicles, the firm provides capital alongside active partnership support, including strategic and operational insights, network access for growth and commercial support, and fundraising assistance throughout the investment lifecycle. The firm backs founders from pre-seed through Series C+ across sectors such as fintech, edtech, identity verification, employee benefits, and artisan commerce.
Is DILA Capital a public or private company?
DILA Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was DILA Capital founded?
DILA Capital was founded in 2005. It employs 11 to 50 people.
Where is DILA Capital based?
DILA Capital is headquartered in Mexico City, Mexico, in the Latin America region.
How does DILA Capital make money?
Two revenue lines are on record. Management Fees are the primary driver. The others are carried Interest.
Who are DILA Capital's main competitors?
Direct peers on record are ALLVP, monashees, Hi Ventures, Cometa, Nazca, Magma Partners, Kaszek Ventures and Valor Capital. Broad incumbents are BBVA Spark and Andreessen Horowitz (LatAm initiatives).
Does DILA Capital have an API?
No public API is recorded for DILA Capital.
What industry is DILA Capital in?
DILA Capital's product category is Venture Capital. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 525.