Wollef Ventures

What Wollef Ventures does

Wollef Ventures is a Mexico City-headquartered venture capital firm investing in early-stage technology companies across Latin America. Founded in 2014 and operating three funds (2014, 2019, 2023) with $180M in assets under management, the firm targets Pre-Seed, Seed, and Series A rounds and explicitly positions itself as a comfortable first institutional investor on the cap table. Its 43-company portfolio spans fintech (Nubank, Konfio, Jeeves, Aviva, Toku, Nexu), e-commerce and marketplaces (KAVAK, Ben & Frank, Foodology, Loft), SaaS (Kunzapp, Zumma, Kleva, Brandtrack), logistics (Melonn, Zubale), and EdTech (Ginia), distributed across 8 countries with 5 unicorn outcomes to date.

The firm is led by Co-Founders and General Partners Eric Pérez-Grovas and Cristóbal Perdomo, alongside General Partner Luis Garza (co-founder of Kinedu), supported by a small 6-10 person team including a Chief of Staff and investment analysts. Wollef makes money through standard VC economics: recurring management fees on committed capital across its three funds and performance-based carried interest on successful portfolio exits. Its stated differentiation rests on being an early, candid, operationally experienced partner with a Mexico-anchored digital network that portfolio founders cite as their primary reason for choosing Wollef over other Mexican VCs.

The firm rebranded to Wollef in 2021 and has continued to actively deploy Fund III in 2025-2026, with a notable thematic shift toward AI-powered fintech, SaaS, and workflow automation companies. Recent lead investments in Ginia (pre-seed, November 2025) and Kunzapp (seed, August 2025), plus follow-on participation in Nexu's Series B (March 2026), signal an active investment cadence and an emerging thesis around AI-native B2B tools.

Name

Wollef Ventures

Legal name

Wollef Ventures

Website

https://wollefvc.com/

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Wollef Ventures is a Mexico City-based early-stage venture capital firm managing $180M across three funds, investing in Pre-Seed to Series A technology companies across Latin America with 43 portfolio investments and 5 unicorn exits.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

Keywords

• Venture capital investing
• Early-stage funding
• Pre-seed investments
• Startup financing
• Latin america vc

Headquarters

HQ city

Mexico City

HQ country

Mexico

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Management Fees: Standard VC management fees charged on committed capital across 3 funds
2. Carried Interest: Performance-based carry on successful portfolio exits including unicorns like Nubank, Konfío, Jeeves, and others

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Wollef Ventures is a venture capital firm that makes early-stage equity investments (Pre-Seed, Seed, and Series A) into technology-enabled companies across Latin America. Operating through three funds with $180M in assets under management, the firm invests as a first institutional investor in startups with proven product/market fit and provides capital, strategic guidance, mentorship, and access to its local network of hiring and business development contacts.

Product overview

Wollef Ventures is a Latin American venture capital firm that operates three investment funds (Fund I launched 2014, Fund II raised 2019, Fund III raised 2023) with $180M assets under management. The firm invests in Pre-Seed, Seed, and Series A rounds, focusing on technology companies across Latin America. The portfolio spans multiple sectors including fintech (Konfio, Nubank, Nexu, Toku, Aviva), e-commerce (KAVAK, Ben & Frank), SaaS (Kunzapp, Zumma), marketplace (Ginia), logistics (Melonn, Zubale), proptech (Loft), and foodtech (Foodology). With 43 investments across 8 countries and 5 unicorns (Nubank, Konfio, KAVAK, Jeeves), the firm positions itself as an early-stage partner for technology founders transforming Latin America.

Differentiator

Problem solved

Functional benefit

Products and services

• Wollef Fund I First venture capital fund launched in 2014, focused on early-stage Pre-Seed, Seed, and Series A investments in Latin American technology companies. This fund completed its portfolio with 10 companies by 2017 and produced the firm's first unicorn (Nubank) and first exit (Conekta).
• Wollef Fund II Second venture capital fund raised in 2019, continuing the firm's early-stage investment strategy in the Latin American market. Produced exits including Konfío and Checkars (which merged with Kavak) and added the unicorns Konfío and Jeeves to the portfolio.
• Wollef Fund III Third venture capital fund raised in 2023, completing the second portfolio with 24 companies and continuing Pre-Seed, Seed, and Series A investments across Latin America. Recent portfolio additions include Kunzapp (2025), Ginia (2025), and Nexu (2026).

Quantifiable outcome

• 5 unicorn exits achieved (Nubank, Konfío, Jeeves, and others)
• +2 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Kaszek Ventures: The largest LatAm-focused venture capital firm, headquartered in Argentina with Mexico presence. Kaszek invests in tech-enabled businesses across the region at similar stages, making it Wollef's closest direct competitor for top LatAm deals.
• monashees: Brazilian VC firm investing across LatAm in early-stage technology companies. Like Wollef, monashees takes an operator-friendly approach and competes for the same generation of Latin American founders.
• ALLVP: Mexico-based early-stage VC investing in tech-enabled businesses across Latin America. Direct competitor for Mexican Pre-Seed and Seed deals, with similar fund size and stage focus.
• DILA Capital: Mexico-focused VC investing in early-stage technology companies. Direct peer competing for the same Mexican founder pool, with a similar thesis around tech-enabled LatAm businesses.
• Cometa: Mexico-based early-stage VC investing in tech-enabled businesses. Operates with a similar "first institutional investor" positioning and competes for the same Mexican Pre-Seed/Seed deals.
• Mountain Nazca: Mexico-based VC focused on early-stage tech companies across LatAm. Direct peer in the Mexican early-stage ecosystem with overlapping deal flow and similar stage focus.
• Valor Capital: US/Brazil cross-border VC investing in Latin American technology companies. Co-invested with Wollef in Nexu's $20M Series B, indicating active co-investment relationship and comparable investment thesis.
• Magma Partners: Chile-anchored early-stage VC investing across Latin America. Competes for the same generation of LatAm founders and is comparable in fund size and stage focus.

Emerging players

• Canary: Brazilian early-stage VC investing in pre-seed and seed tech startups across LatAm. Slightly earlier-stage focus than Wollef but competes for emerging LatAm founders.
• QED Investors: Fintech-specialist VC with significant LatAm portfolio (including Nubank and Konfio via co-investment). Overlaps with Wollef on fintech deals and shares some portfolio companies.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/jaguarvc
• LinkedInlinkedin.com/company/wollef

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments62 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wollef Ventures