AVP Ventures
AVP Ventures is a Lima, Peru-based seed-stage venture capital firm managing AVP Seed Fund I ($2M, 24 LPs) and co-investment syndicates that deploy early capital into Latin American startups, primarily across the Andean region.
- Company typePrivate
- Founded2018
- HeadquartersLima, Peru
- Headcount1–10
- GTM typeB2B
- OfferingServices
What AVP Ventures does
AVP Ventures is a Lima, Peru-based seed-stage venture capital firm founded in 2014 that partners with early-stage founders across Latin America, with concentration in the Andean region. The firm manages AVP Seed Fund I, a $2 million committed-capital fund backed by 24 limited partners, and supplements it with co-investment syndicates and an angel-investor matchmaking service that bundle smaller checks into single vehicles to keep founder cap tables clean. AVP's model is relationship-led: the team typically invests after roughly nine months of pre-investment relationship-building, deploys initial tickets of approximately $50,000 (often as lead or co-lead), and uses a network of regional accelerators (500 LatAm, Wayra, Techstars, Parallel 18), development-finance partners (BID Lab/Xcala, Innovate Peru), and Pan-LATAM co-investors (Salkantay, DILA, Fen, Vulcan, Cometa, Forgepoint, SoftBank) to amplify each dollar committed — portfolio companies raise $6.20 in lead rounds for every $1.00 AVP invests. Across roughly 17 portfolio companies spanning fintech (Prestamype, Culqi), future-of-work (Get on Board, Hunty, Quantum Talent), cybersecurity (Lumu), EdTech (Slang), mobility (Somos Moto, Viapool), identity (Emptor), proptech (LQN), and health/wellness (Fitco), AVP has produced two exits (Culqi to BCP and Viapool to Swvl), reaching a 0.1x DPI by end of 2022. The firm is led by Managing Partner Greg Mitchell (Wharton/Lauder) and Partner Elizabeth Acuña, supported by a six-member board and three-member investment committee, and transitioned from new investments to exit management when Fund I's investment period closed in September 2022 at 78% capital deployment.
AVP Ventures firmographics
Firmographics- Name
- AVP Ventures
- Legal name
- AVP Ventures
- Website
- https://avpventures.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AVP Ventures is a Lima, Peru-based seed-stage venture capital firm managing AVP Seed Fund I ($2M, 24 LPs) and co-investment syndicates that deploy early capital into Latin American startups, primarily across the Andean region.
- Ownership category
- akta.pro rank
AVP Ventures industry classification
Industry- Product category
- Seed Stage Venture Capital
- NAICS
- Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)
- akta.pro secondary industries
- Micro-VC & Angel Funds (FSANAAAI), Impact / ESG Venture Capital (FSANAAAG)
Keywords
Where AVP Ventures is headquartered
LocationHeadquarters
- HQ city
- Lima
- HQ country
- Peru
- HQ region
- Latin America
Offices1 record
Markets served
AVP Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Fund Management: AVP Ventures manages AVP Seed Fund I, a $2 million seed stage venture capital fund with committed capital from 24 investors. The fund generates returns through equity exits from portfolio companies.
- Co-investment Syndicates: The firm creates syndicated investment vehicles to group multiple investors, allowing founders to receive smaller investment amounts without burdening their cap tables. The firm charges management fees on these vehicles.
- Angel Investor Network: The firm facilitates direct investments by angel investors through matchmaking between startup founders and individual investors.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
AVP Ventures product offering
Product offeringCore offering
AVP Ventures operates a seed stage venture capital fund (AVP Seed Fund I) that invests in early-stage startups building digital transformation tools across Latin America, with a focus on the Andean region. The firm deploys initial tickets of approximately $50,000 per company as lead or co-lead in seed rounds, then facilitates co-investment syndicates that multiply portfolio company capital raised. AVP also runs matchmaking services that connect angel investors directly to portfolio founders.
Product overview
AVP Ventures is a seed-stage venture capital firm that offers a single fund (AVP Seed Fund I) along with co-investment syndicates and matchmaking services to connect angel investors with startups. The firm acts as a catalyst for seed stage rounds, providing capital and accompanying founders throughout their startup journeys in Latin America.
Differentiator
Problem solved
Functional benefit
Brands
- AVP Seed Fund I: The seed stage venture capital fund managed by AVP Ventures, focusing on early-stage startups in Latin America.
Products and services
- AVP Seed Fund I Seed stage venture capital fund with $2 million in committed capital from 24 investors, deploying capital into early-stage startups building digital transformation tools across Latin America. The fund typically invests $50,000 initial tickets as lead or co-lead in seed rounds.
- Co-investment Syndicates Structured syndicated investment vehicles that group multiple angel investors into a single entity, allowing founders to receive small investment amounts without burdening their cap tables. AVP manages the vehicle and charges management fees on it.
- Matchmaking Services Direct investor matchmaking service that introduces angel investors from AVP's network to startup founders, facilitating direct investments outside of managed fund vehicles.
Quantifiable outcome
- For each $1.00 invested by the fund in lead-led rounds, portfolio companies have raised $6.20 in the same investment round
- +3 more outcomes
Companies that use AVP Ventures
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
AVP Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AVP Ventures partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and major.
- EndeavorminorGlobal entrepreneurship support organization. Quantum Talent team was selected as Endeavor Entrepreneurs.
- TechstarsmajorPrestigious global accelerator program. Fitco became first Latin American startup to participate in Techstars Boulder; Rebus participated in Techstars Sports Accelerator in Indianapolis.
- Parallel 18minorPuerto Rico-based accelerator program that Fitco participated in.
Scale indicators11 records
Recent moves8 records
Expansion highlights5 records
AVP Ventures competitors and assessment
Company assessmentDirect peers
- ALLVP: Mexico-based early-stage VC that led Slang's seed round and co-invested with AVP. Directly comparable as a LatAm seed-stage fund writing initial checks and partnering on syndicates.
- DILA Capital: Mexican seed/Series A VC that invested in Emptor alongside AVP and led Slang's Series A. Closely comparable as a LatAm early-stage investor with shared portfolio companies and check-size discipline.
- Fen Ventures: Chilean seed-stage VC that co-invested in Get on Board with AVP. Directly comparable as a small, regionally-focused LatAm seed fund supporting early-stage founders.
- Salkantay Ventures: Peruvian VC that became the largest investor in Prestamype after AVP led the seed round. Highly comparable as a domestic Peruvian investor stepping into follow-on rounds AVP originated.
- Vulcano Investments: Chile-based VC that provided the largest ticket in Slik's seed round alongside AVP. Comparable as a small, regionally-anchored LatAm seed investor.
- Inca Ventures: Peruvian early-stage VC that co-invested in Prestamype's seed round. Closely comparable as a domestic peer operating in Lima with overlapping portfolio.
- Cometa Ventures: Mexico-based early-stage VC that led Hunty's round with AVP participating. Comparable LatAm seed/Series A investor with shared portfolio exposure and check-size profile.
- Pegasus Capital: Colombia-based investor that led LQN's $1.9M raise alongside AVP. Comparable as a regional LatAm seed investor sourcing deals in the Andean ecosystem.
Broad incumbents
- 500 Startups / 500 LatAm: Global seed accelerator/VC with a dedicated LatAm program that co-invested in multiple AVP portfolio companies (Fitco, DB Menos, Get on Board). A much larger incumbent operating the same seed-stage playbook across the region.
- Wayra (Telefónica): Telefónica's corporate innovation arm and accelerator that invested in Quantum Talent and Culqi prior to AVP. Comparable as a large incumbent that both funds and sources LatAm startups at seed.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
AVP Ventures social profiles
Digital presenceAVP Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
AVP Ventures leadership team
Management profileNumber of profiles
Profiles11 records
AVP Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AVP Ventures M&A and investment
M&A and investmentM&A
Investments20 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AVP Ventures
What does AVP Ventures do?
AVP Ventures operates a seed stage venture capital fund (AVP Seed Fund I) that invests in early-stage startups building digital transformation tools across Latin America, with a focus on the Andean region. The firm deploys initial tickets of approximately $50,000 per company as lead or co-lead in seed rounds, then facilitates co-investment syndicates that multiply portfolio company capital raised. AVP also runs matchmaking services that connect angel investors directly to portfolio founders.
Is AVP Ventures a public or private company?
AVP Ventures is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AVP Ventures founded?
AVP Ventures was founded in 2018. It employs 1 to 10 people.
Where is AVP Ventures based?
AVP Ventures is headquartered in Lima, Peru, in the Latin America region.
How does AVP Ventures make money?
Three revenue lines are on record. Fund Management is the primary driver. The others are co-investment Syndicates and angel Investor Network.
Who are AVP Ventures's main competitors?
Direct peers on record are ALLVP, DILA Capital, Fen Ventures, Salkantay Ventures, Vulcano Investments, Inca Ventures, Cometa Ventures and Pegasus Capital. Broad incumbents are 500 Startups / 500 LatAm and Wayra (Telefónica).
Does AVP Ventures have an API?
No public API is recorded for AVP Ventures.
What industry is AVP Ventures in?
AVP Ventures's product category is Seed Stage Venture Capital. Its primary akta.pro industry code is FSANAAAA, Early-Stage Venture Capital (Pre-Seed/Seed), with a secondary code of FSANAAAI, Micro-VC & Angel Funds. Its NAICS code is 52394 and its SIC code is 6282.