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WeXchange

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uuid000bixj

Namestring
WeXchange
Legal namestring
WeXchange
Websiteurl
wexchange.co
Company typeenum
Private
Founded yearint
2013
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersAsunción, Paraguay
HQ citystring
Asunción
HQ countrystring
Paraguay
HQ regionstring
Latin America
Markets served

Serves global market

Keyword5 values
women entrepreneurship platform, STEM investor matchmaking, venture capital networking, startup mentorship programs, entrepreneurial ecosystem development
Industry2 codes
1Mentoring, Coaching, Alumni Networking & Peer Support Platforms
CodeEDAFAMANPrimaryYes
2Learning Experience Platforms (LXP) & Learning Portals
CodeEDAFAAABPrimaryNo
Product category
Entrepreneurship Development Platform
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Platform Services
Description

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.

bidlab.org
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Others
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 record
1GET Forum
Description

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.

bidlab.org
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

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.

Product and service1 record
1WeXchange Platform
CategoryEntrepreneurship development platform
Description

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.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2013-01-01
Description

NXTPLabs 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.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2013-01-01
Description

Ellas2 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.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeEmerging player
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeEmerging player
Description

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

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment13 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

WeXchange

Entrepreneurship Development Platformwexchange.co

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.

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

  • Women entrepreneurship platform
  • STEM investor matchmaking
  • Venture capital networking
  • Startup mentorship programs
  • Entrepreneurial ecosystem development

Where WeXchange is headquartered

Location

Headquarters

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

  1. 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 offering

Core 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 profile

Segments4 records

Ideal customer profiles4 records

WeXchange technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

WeXchange partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • NXTPLabscoreStrategic or Co-development Partner · 1 January 2013NXTPLabs 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.
  • Ellas2coreStrategic or Co-development Partner · 1 January 2013Ellas2 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 assessment

Direct 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 presence

WeXchange financial estimates

Financial estimate

Revenue estimate

Valuation estimate

WeXchange leadership team

Management profile

Number of profiles

WeXchange funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

WeXchange M&A and investment

M&A and investment

M&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.

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Live signals
PR NewswireIDB Lab and Google Announce the Finalists of the 2023 WeXchange Women STEMpreneurs CompetitionIDB Lab and Google announced the 15 finalists of the 2023 WeXchange Women STEMpreneurs Competition, selecting women-led companies from across Latin America and the Caribbean. These finalists will present their solutions at the upcoming WeXchange 2023 event in Bogotá, Colombia, as part of the IDB Lab Forum. The selected startups will also participate in Google for Startups' micro-acceleration program to connect with experts and investors.PR NewswireIDB Lab and Google Announce the Finalists of the 2023 WeXchange Women STEMpreneurs CompetitionIDB Lab and Google announced the 15 finalists of the 2023 WeXchange Women STEMpreneurs Competition, which received over 340 applications from 25 countries. The selected women-led companies will present their solutions at the upcoming WeXchange 2023 event in Bogotá, Colombia, as part of the IDB Lab Forum.IadbIDB Lab and Google Announce Finalists of the 2023 WeXchange Women STEMpreneurs CompetitionIDB Lab and Google announced the 15 finalists of the 2023 WeXchange Women STEMpreneurs Competition, selecting women-led companies from across Latin America and the Caribbean. The selected startups will participate in a micro-acceleration program led by Google for Startups and present their solutions at the IDB Lab Forum in Bogotá, Colombia. The selection process was led by AVP Ventures with support from 65 investors.