Chile Ventures

What Chile Ventures does

Chile Ventures is a Santiago, Chile-based early-stage venture capital firm founded in 2015 that invests in Latin American technology startups with recurring revenue models — specifically SaaS, subscription, and license-based businesses. The firm operates a disciplined three-stage investment process: Scouting (deck review and initial Scout meeting), Analysis (detailed business review with General Partners including KPI analysis), and Investment (Investment Committee pitch, term sheet, due diligence, CORFO documentation, and a ticket size of US$50k to US$500k). The fund is led by two General Partners, Felipe Matta and Marcelo Camus, with Konrad Fernández serving as Scout, making it a tightly run sub-10-person operation.

The portfolio spans approximately 36 startups across FinTech (Xepelin, Fintual, Shinkansen, Duemint, Conomy), AI and analytics (Vambe, Wird, Kwali, Elipse, Boardgent), logistics (SimpliRoute, Enviame, Rayo), healthtech (Healthatom, Nutrix), legal tech (ZeroQ, Lexgo), edtech (Kimche), and other verticals, reflecting a broad but thematically coherent thesis around recurring-revenue technology businesses. Post-investment, the firm takes board seats, contributes follow-on capital tied to company progression, and routes perks from partners such as AWS and HubSpot through to founders. Recent activity includes participation as an existing investor in Vambe's US$14 million Series A round (January 2026) led by Monashees, alongside Cathay Latam, Atlantico, Nazca, SkyDeck Berkeley, M13, and Tekton Ventures — evidence of co-investment relationships with tier-1 regional and global VCs that extend the firm's reach beyond Chile. The economic model is standard VC: management fees on committed capital plus carried interest from portfolio exits.

Name

Chile Ventures

Legal name

Chile Ventures

Website

https://chileventures.vc

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Chile Ventures is a Santiago-based early-stage venture capital firm founded in 2015 that invests US$50k–US$500k in Latin American technology startups with recurring revenue models, primarily SaaS and subscription businesses, with a portfolio of approximately 36 companies across FinTech, AI, logistics, and other verticals.

Ownership category

akta.pro rank

Product category

Venture Capital Investment Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

akta.pro secondary industry

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

Keywords

• Venture capital investing
• Early-stage SaaS investing
• Startup funding services
• Recurring revenue startups
• Latin American VC

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Capital gains from portfolio returns: Chile Ventures generates returns through equity investments in technology startups with recurring revenue models (SaaS, subscriptions, licenses). Returns are realized through follow-on investments, portfolio company exits, and eventual returns to fund investors.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Chile Ventures is a venture capital firm that invests in early-stage Latin American technology startups with recurring revenue models (SaaS, subscriptions, licenses), deploying US$50k to US$500k per portfolio company via a three-stage Scouting–Analysis–Investment process. The firm actively supports founders post-investment through board participation, knowledge sharing, network access, perks (AWS, HubSpot), and follow-on capital based on portfolio progression.

Product overview

Chile Ventures operates as a single unified venture capital investment service rather than a platform with modular products. The firm provides end-to-end investment services including startup scouting, business analysis, capital deployment (US$50k-US$500k), and portfolio support. The investment offering encompasses three sequential stages (Scouting, Analysis, and Investment) followed by ongoing support including board membership, network access, and perks from partners like AWS and HubSpot.

Differentiator

Problem solved

Functional benefit

Products and services

• Chile Ventures Investment Services End-to-end early-stage venture capital investment service for Latin American technology startups with recurring revenue models (SaaS, subscriptions, licenses). Includes startup sourcing via the in-house Scout, business and KPI analysis with General Partners, Investment Committee pitch, term sheet and due diligence, CORFO-documented disbursement of US$50k–US$500k, and ongoing board membership, network access, perks (AWS, HubSpot), and follow-on capital tied to portfolio progression.

Named customers37 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• AWSminorGTM or Marketing PartnerAmazon Web Services provides cloud infrastructure credits (perks) to Chile Ventures portfolio companies as part of the investment support package.
• HubSpotminorGTM or Marketing PartnerHubSpot provides marketing and sales software perks to Chile Ventures portfolio companies as part of the investment support package.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Atlantico: Latin American early- and growth-stage VC focused on B2B SaaS and recurring-revenue businesses. Direct co-investor with Chile Ventures in Vambe's Series A and shares the same SaaS/subscription investment thesis, making it the closest sector-specialist comparable.
• ALLVP: Mexico-based early-stage VC investing in Latin American technology startups. Comparable fund size and stage focus; both firms target recurring-revenue and technology-enabled business models in the region.
• DILA Capital: Latin American early-stage VC focused on technology-enabled businesses with a strong presence in Mexico. Similar stage and recurring-revenue orientation, with overlapping portfolio themes (fintech, SaaS, marketplaces).
• Magma Partners: Early-stage Latin American VC investing across the region with a focus on technology startups. Similar fund size, stage focus, and pan-LatAm orientation make it one of the most comparable peers to Chile Ventures.
• Cometa: Mexico-based early-stage VC investing in technology startups across Latin America. Similar check sizes, early-stage orientation, and geographic focus on Spanish-speaking LatAm markets make Cometa a close comparable peer.
• Nazca: Latin American early-stage VC backing technology-enabled businesses. Direct co-investor with Chile Ventures in Vambe's Series A; similar stage focus and regional scope make it a comparable peer for deal flow and positioning.

Broad incumbents

• Monashees: One of the largest and most established Latin American VCs, leading rounds from seed to growth. Chile Ventures has co-invested alongside Monashees in Vambe; it represents the larger incumbent that Chile Ventures often follows into deals.
• Kaszek Ventures: Largest Latin American-focused VC, particularly strong in Spanish-speaking markets. As a broad incumbent operating across stages and verticals, Kaszek represents the scale benchmark against which smaller LatAm funds like Chile Ventures are measured.
• Cathay Innovation (LatAm): Global VC with a dedicated Latin American arm that co-invested with Chile Ventures in Vambe. Larger and more globally diversified, it is comparable as an LP-relevant co-investor relationship in the LatAm ecosystem.

Emerging players

• Quona Capital: Emerging-markets VC focused on financial inclusion and fintech across Latin America, Africa, and Asia. Smaller than tier-1 LatAm VCs but more geographically diverse; comparable as an emerging player in the regional VC landscape.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/chileventures
• LinkedInlinkedin.com/company/chile-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments45 records

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

Frequently asked questions about Chile Ventures