WeXchange
WeXchange is an IDB Lab initiative, founded in 2013, that connects women STEM entrepreneurs in Latin America and the Caribbean with mentors, investors, and ecosystem players through an annual forum and ongoing community.
- Company typePrivate
- Founded2013
- HeadquartersAsunción, Paraguay
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What WeXchange does
WeXchange is a platform initiative of IDB Lab, the innovation and venture arm of the Inter-American Development Bank Group (IDB Group), designed to connect women entrepreneurs in STEM (Science, Technology, Engineering, and Mathematics) from Latin America and the Caribbean with mentors, investors, and ecosystem players. Founded in 2013 following IDB Lab's 2012 research identifying weak networks and limited mentoring as the key bottlenecks for women-led STEM ventures in the region, the platform serves four interlocking user groups: women STEM entrepreneurs with high-growth-potential businesses, investors interested in LAC, experienced mentors, and socially responsible businesses and institutions. The core activation mechanism is the annual GET Forum (Global Entrepreneurship and Technology for Latin America and the Caribbean), an IDB Group Innovation for Impact Platform where selected entrepreneurs present to investors and ecosystem stakeholders. The first edition launched in Miami in 2013 in partnership with NXTPLabs and Ellas2, and subsequent editions have rotated annually through Monterrey, Buenos Aires, Santiago, Lima, Asunción, Bogotá, with 2025 planned for San Salvador and 2026 for Quito. The platform pivoted to a virtual format during 2020-2021 in response to the COVID-19 pandemic.
The platform is not a technology product in the conventional sense — it is a matchmaking and community initiative rather than a SaaS or marketplace with proprietary software features. Its architecture centers on the annual forum event and ongoing networking among participants. There are no disclosed APIs, SDKs, integrations, mobile applications, or AI capabilities. Participation is free for qualifying entrepreneurs, investors, mentors, and experts.
Its business model is mission-driven rather than commercial: WeXchange is funded through IDB Lab and the broader IDB Group's development mandate as a non-profit initiative, with no disclosed pricing, revenue streams, or monetisation mechanism. Headcount is reported at 1-10 employees and the entity is government-affiliated through IDB Lab (described as a government/state entity), with no separate funding rounds, venture capital ownership, or subsidiaries. As a development platform within a multilateral institution, its value is measured in network and capital-flow outcomes rather than financial revenue, and it offers free access to its four target user segments across more than ten LAC markets.
WeXchange firmographics
Firmographics- Name
- WeXchange
- Legal name
- WeXchange
- Website
- https://wexchange.co
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- WeXchange is an IDB Lab initiative, founded in 2013, that connects women STEM entrepreneurs in Latin America and the Caribbean with mentors, investors, and ecosystem players through an annual forum and ongoing community.
- Ownership category
- akta.pro rank
WeXchange industry classification
Industry- Product category
- Entrepreneurship Development Platform
- akta.pro primary industry
- Mentoring, Coaching, Alumni Networking & Peer Support Platforms (EDAFAMAN)
- akta.pro secondary industry
- Learning Experience Platforms (LXP) & Learning Portals (EDAFAAAB)
Keywords
Where WeXchange is headquartered
LocationHeadquarters
- HQ city
- Asunción
- HQ country
- Paraguay
- HQ region
- Latin America
Markets served
WeXchange business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Platform Services: WeXchange is an initiative of IDB Lab (the innovation and venture arm of the Inter-American Development Bank Group) founded in 2013. As a non-profit development initiative, specific revenue generation details are not disclosed. The platform appears to provide services free of charge to participants including women entrepreneurs, mentors, and investors, funded through IDB Group's mission-driven activities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
WeXchange product offering
Product offeringCore offering
WeXchange is an annual forum and matchmaking platform that connects women STEM entrepreneurs from Latin America and the Caribbean with mentors, investors, and ecosystem players. It is delivered primarily through the GET Forum (Global Entrepreneurship and Technology for Latin America and the Caribbean), an IDB Group Innovation for Impact Platform where participating entrepreneurs present their businesses to investors and key ecosystem players.
Product overview
WeXchange is a single unified platform that connects women STEM entrepreneurs from Latin America and the Caribbean with mentors, investors, and ecosystem players. The platform operates primarily through an annual forum event (GET Forum) and ongoing networking capabilities to support women-led innovative businesses with high growth potential.
Differentiator
Problem solved
Functional benefit
Brands
- GET Forum: Global Entrepreneurship and Technology Forum for Latin America and the Caribbean, an IDB Group Innovation for Impact Platform where women entrepreneurs present their businesses to investors and key ecosystem players.
Products and services
- WeXchange Platform Annual forum and matchmaking platform that connects women STEM entrepreneurs from Latin America and the Caribbean with mentors, investors, and ecosystem players, featuring the GET Forum (Global Entrepreneurship and Technology for Latin America and the Caribbean) under the IDB Group Innovation for Impact Platform.
Companies that use WeXchange
Customer profileSegments4 records
Ideal customer profiles4 records
WeXchange technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
WeXchange partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- NXTPLabscoreNXTPLabs partnered with IDB Lab and Ellas2 to launch the first edition of WeXchange in Miami in 2013. NXTPLabs contributed to the development and execution of the inaugural forum, helping bring together women entrepreneurs, investors, and mentors.
- Ellas2coreEllas2 partnered with IDB Lab and NXTPLabs to launch the first edition of WeXchange in Miami in 2013. Ellas2 contributed to bringing WeXchange to life as part of the collaborative effort to connect women entrepreneurs in the region.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
WeXchange competitors and assessment
Company assessmentDirect peers
- NESsT: Non-profit organization that supports social enterprises in Latin America and emerging Europe with mentorship, financing, and capacity building. NESsT is directly comparable as a development-focused, multi-country program providing structured support to mission-driven entrepreneurs in LAC.
- Acumen Latam: Acumen's Latin America operation invests in early-stage social enterprises and supports founders with mentorship and patient capital. Like WeXchange, Acumen Latam combines patient capital with mentorship-driven support for high-impact LAC entrepreneurs.
- Village Capital: Peer-driven mentorship and investment-readiness program for early-stage entrepreneurs, including women- and impact-focused cohorts. Village Capital's cohort-based matchmaking between founders, mentors, and investors mirrors WeXchange's annual forum model.
- Agora Partnerships: LAC-focused accelerator and mentorship program supporting social enterprises and impact entrepreneurs. Agora Partnerships is comparable as a regional, cohort-driven program that combines mentorship, investor access, and capacity building for mission-driven founders.
- Springboard Enterprises: Global accelerator network dedicated to women entrepreneurs, providing mentorship, investor connections, and growth programming. Springboard is directly comparable to WeXchange's mission of accelerating women-led ventures through curated mentor and investor networks.
- Echoing Green: Global fellowship and leadership development program for social entrepreneurs, providing seed funding and mentorship. Echoing Green is comparable as a development-bank-adjacent program that combines fellowship-style recognition with mentorship-driven founder support.
Broad incumbents
- Endeavor: Global high-impact entrepreneurship support organization with deep LAC operations and a strong mentorship-driven model. Endeavor is broader in scope than WeXchange but uses the same formula of connecting high-growth founders with curated mentors and investors.
- We-Fi (Women Entrepreneurs Finance Initiative): World Bank-affiliated initiative that mobilizes capital and support for women entrepreneurs in developing countries. We-Fi shares WeXchange's women-entrepreneur-in-emerging-markets focus but operates at a much larger, multi-region institutional scale.
Emerging players
- WEConnect International: Global nonprofit that connects women-owned businesses to qualified buyers and capital opportunities. WEConnect overlaps with WeXchange's women-entrepreneur focus but emphasizes corporate and institutional procurement rather than venture investor matchmaking.
- Fledge: Mission-driven accelerator focused on social enterprises in emerging markets, including LAC. Fledge's cohort-based model with mentorship and investor introductions aligns with WeXchange's forum-driven approach to supporting mission-aligned founders.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
WeXchange social profiles
Digital presenceWeXchange financial estimates
Financial estimateRevenue estimate
Valuation estimate
WeXchange leadership team
Management profileNumber of profiles
WeXchange funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WeXchange M&A and investment
M&A and investmentM&A
Investments13 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about WeXchange
What does WeXchange do?
WeXchange is an annual forum and matchmaking platform that connects women STEM entrepreneurs from Latin America and the Caribbean with mentors, investors, and ecosystem players. It is delivered primarily through the GET Forum (Global Entrepreneurship and Technology for Latin America and the Caribbean), an IDB Group Innovation for Impact Platform where participating entrepreneurs present their businesses to investors and key ecosystem players.
Is WeXchange a public or private company?
WeXchange is a private company. It is classified as state government owned and is currently operating.
When was WeXchange founded?
WeXchange was founded in 2013. It employs 1 to 10 people.
Where is WeXchange based?
WeXchange is headquartered in Asunción, Paraguay, in the Latin America region.
How does WeXchange make money?
One revenue line is on record: platform Services.
Who are WeXchange's main competitors?
Direct peers on record are NESsT, Acumen Latam, Village Capital, Agora Partnerships, Springboard Enterprises and Echoing Green. Broad incumbents are Endeavor and We-Fi (Women Entrepreneurs Finance Initiative). Emerging players are WEConnect International and Fledge.
Does WeXchange have an API?
No public API is recorded for WeXchange.
What industry is WeXchange in?
WeXchange's product category is Entrepreneurship Development Platform. Its primary akta.pro industry code is EDAFAMAN, Mentoring, Coaching, Alumni Networking & Peer Support Platforms, with a secondary code of EDAFAAAB, Learning Experience Platforms (LXP) & Learning Portals.