MGV Capital

What MGV Capital does

MGV Capital Group is a privately-held, cross-border venture capital firm founded in 2020 and headquartered in San Antonio, Texas. The firm invests pre-seed and seed capital — typically $250,000 to $1,000,000 per company, in syndication with other VCs and angel investors — into early-stage software companies operating across the US and Mexico, with a stated focus on fintech and enterprise software. As of the most recent disclosures, the portfolio comprises approximately 21 companies, including Airbag, Airpals, Apparta, Bitewell, Bridgefy, Cinch, Cloutdesk, Delta Protect, Kodda, Lapzo, Loopay, Minu, Neon Financial, One Creation, Plerk, Sento AI, Transect, Yana, and Zette.

The firm does not develop proprietary technology; rather, its core offering is strategic capital paired with strategy-consulting support drawn from the partners' prior operating experience. General Partner and Founder Mariano González brings 20+ years of growth-strategy consulting, including a decade at Booz & Company, supported by Principal José Daniel Cotera (CFA, CAIA) and Analyst Andrea Casillas. MGV generates returns through portfolio exits, carried interest, and management fees on committed capital, with thesis criteria emphasizing founders building recurring-revenue software with cross-border US-Mexico ambitions. Notable portfolio outcomes include the acquisition of Codiga by Datadog (2023) and the merger of Plerk into Minu (2023). The firm also maintains operational partnerships with AWS, Microsoft for Startups, HubSpot, Carta, Mercury, and Alto that provide portfolio companies with cloud, banking, cap-table, and go-to-market infrastructure.

Name

MGV Capital

Legal name

MGV Capital, LLC

Website

https://mgvcapital.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

MGV Capital Group is a San Antonio-based, cross-border venture capital firm investing $250K–$1M pre-seed and seed checks in fintech and enterprise software startups with US-Mexico expansion ambitions, writing in syndication with other VCs and angels.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro primary industry

Venture Debt Providers (FSANAAAL)

akta.pro secondary industry

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

Keywords

• Venture capital investing
• Early-stage startup funding
• Fintech venture investing
• Cross-border venture capital
• Enterprise software investments

Headquarters

HQ city

San Antonio

HQ country

United States

HQ region

North 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. Investment Returns and Carried Interest: As a venture capital firm, MGV Capital generates returns through exits from portfolio companies, carried interest on profits, and potentially management fees on committed capital. The firm aims to help founders develop profitable and self-sustaining businesses to attract strategic buyers or growth financing.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

MGV Capital Group is a cross-border venture capital firm that invests $250K to $1M checks in pre-seed and seed stage digital startups in fintech and enterprise software across the US and Mexico. Beyond capital, the firm provides portfolio companies with world-class strategy consulting, access to a network of founders, investors, and business leaders, and pathways to strategic buyers or growth financing. The firm operates through syndication with other VCs and angel investors.

Product overview

MGV Capital Group is a cross-border venture capital firm that provides strategic capital for digital startups. As an investment firm, MGV Capital does not offer technology products or services in the traditional sense. Their core offering is venture capital investment in the range of $250K to $1M per company, targeting pre-seed and seed stage ventures in fintech and enterprise software sectors across the US and Mexico. The firm also provides strategic consulting and access to their network of founders, investors, and business leaders to portfolio companies.

Differentiator

Problem solved

Functional benefit

Products and services

• MGV Capital Fund (Pre-Seed and Seed Venture Capital Investments) Pre-seed and seed venture capital fund that invests $250K to $1M per company into digital startups in fintech and enterprise software across the US and Mexico, typically in syndication with other VCs and angel investors. Targeted at founders with strong culture, cross-border ambitions, and software products with scalability and recurring revenue potential. The fund also pairs capital with world-class strategy consulting and network access for portfolio companies.

Quantifiable outcome

• Multiple successful exits including Codiga (acquired by Datadog) and Plerk (merged with Minu)
• +1 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• AltominorGTM or Marketing PartnerInvestment management platform partnership providing services to portfolio companies and investors.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Monashees: One of the largest LATAM-focused VCs, primarily Brazil but with growing Mexico exposure. Established incumbent in the regional venture ecosystem; relevant as a benchmark for fund scale and portfolio quality in the same asset class.
• Kaszek Ventures: Largest LATAM-focused VC, originally seeded in Argentina and now active across Brazil and Mexico. A broad incumbent in the same space; overlaps in fintech and enterprise SaaS themes but with materially larger fund size and broader geographic mandate.

Regional players

• ALLVP: One of Mexico's most established early-stage VC firms with a Mexican-market focus. Comparable as a regional specialist, though typically writing slightly larger checks than MGV.

Direct peers

• DILA Capital: Mexico-based early-stage VC investing in tech-enabled startups. Overlapping thesis around Mexican SMEs and cross-border founders, similar check sizes to MGV.
• Magma Partners: Early-stage cross-border VC with deep US-LATAM focus, particularly US-Mexico and Chile. Direct competitor to MGV in syndication-led seed rounds; co-invested with MGV in Plerk.
• Cometa: Mexico-based early-stage VC investing in Spanish-speaking Americas with a similar thesis of backing founders building across the US and Mexico. Comparable check size and stage focus.
• Nazca (formerly Mountain Nazca): Mexico-focused early-stage VC backing enterprise and fintech startups. Highly comparable stage and sector focus, and a direct competitor for the same Mexican founder pool.
• Wollef Ventures: Mexico-based early-stage VC focusing on pre-seed and seed rounds in fintech, SaaS, and marketplaces. Highly comparable stage focus and Mexican founder pool overlap.
• 500 Global (formerly 500 Startups): Global early-stage VC and accelerator syndicator with deep LATAM presence. MGV has co-invested with 500 in Plerk, Ryu Games, and others; highly comparable seed-stage deal model.

Emerging players

• Salkantay VC: Peru-based early-stage VC with selective Mexico exposure, focused on fintech and SaaS. Comparable as an emerging regional player building a US-LATAM cross-border thesis, though smaller and less US-anchored than MGV.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/mgv_capital
• LinkedInlinkedin.com/company/mgv-capital-group

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

Investments30 records

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

Frequently asked questions about MGV Capital