(500 Startups) 500 Startups has announced 18 new investments in Latin American startups, following their LatAm Accelerator Batch program based in Mexico City. This is the 6th batch of Latin American startups that 500 has invested in, totally 91 companies to date.
Today we are announcing our newest LatAm Accelerator Batch, a program based in Mexico City which focuses on startups in LatAm and Spanish speaking regions. This is our 6th LatAm batch and we’ve invested in 91 companies to date through the program.
Alongside this news, we’ve also opened a new LatAm HQ in Mexico City with an expanded team!
After receiving over 408 applications for the current LatAm program, and conducting over 100 founder interviews, 500 Startups chose 18 high potential teams to participate in the program. Each company receives $65K in investment, and joins for 4 months of working side-by-side with support from 500’s team and global family of mentors.
Among the 18 startups in Batch 6, there are companies from Mexico, Argentina, Chile and Colombia, covering industries including e-commerce, education, SaaS, food tech, logistics, government services, tourism, amongst others.
The program covers legal, product, marketing and growth, and finance among other critical themes that founders must master. The program also includes dedicated sessions with specialized mentors each week, and brings in local as well as international expertise.
Additionally, it is currently running in 500’s new LatAm HQ in the Juarez neighborhood of Mexico City, a space that was remodeled over the past few months to be the home of our growing Latin America operations. The space is designed to offer a workspace for startups, as well as an event space that accommodates up to 150 people.
Our LatAm team is growing with new additions Didier Quiroz and Daphne Salinas who will work as Associates to the LatAm fund. Didier and Daphne will be working alongside Bedy Yang as Managing Partner, Santiago Zavala as Partner, and René Lomelí as Director of Operations.
And now, we’re proud to announce the 18 newest companies to join the #500Strong family!
#LOOKEA – Ready to shop style inspiration destination for consumers who love fashion and lifestyle products. The company creates high quality leads for fashion e-commerce sites and brands. Moreover, they allow users to upload their own photos and their algorithm identifies and recommends similar fashion items they can buy.
Asistia – A health platform where you can hire high quality caretaker services for elderly citizens and schedule recurring daily or weekly visits. The company’s allow caretakers to log in the beginning and end of a service and also post notes relevant to the service.
Backstartup – Professional accounting and legal services made for startups. The company focuses on having all their clients investment ready, from having all legal and accounting matters up to date and ready for due diligence to helping founders understand and negotiate investment terms.
Buenchef – Delivers recipes and all the ingredients the client needs. Redefining weeknight dinner. The founders have a successful previous experience in the food delivery space with an exit and now are trying to improve and solve
Cívica Digital – has develop digital tools to strengthen citizenship and for governments to have the appropriate feedback on the services they provide to the community with the intent of improve them. The company also works with NGOs in order to improve many aspects of society.
CuidaMiMascota – Allows users to find high quality and trustful pet sitters near them. By scheduling a service, the company connects you to one of their many sitters and helps you coordinate the service in the easiest way possible, so your furry friend is well taken care in your absence.
Deporprivé – Sport-specific flash sales website where members receive exclusive access to sales from top sports brands. Each week there are specific sales ranging from running shoes to training equipment and technology.
EasyPoint – Receive e-commerce products in a network of pickup points overneighborhood stores
EcomExperts – Suite of tools to help online sellers manage their account, thus making them sell more and reduce costs. Moreover, the company offers analytics for clients to have insights on their business.
HostTonight – Service that allows new and experienced Airbnb host to delegate the property managament and take full advantage of the Airbnb model without the pains and problems associated with it such as key exchange logistics, cleaning services and negotiation with guests.
HoyPido – Is a Blockchain-inspired FDN (Food Delivery Network). By analyzing the excess capacity of small kitchens, the company incorporates them to their program and use that excess capacity to provide standardized meal to workers in near by businesses.
Impulsando Academy – Is offering specialized content and skills. The company’s educational platform provides live and recorded sessions so students can learn as better suits them. Moreover, the company is focused on providing personalized experiences so all their students get most out of their lesson.
LocalAventura – Online platform that allows travelers to search, book, and pay for tour with passionate local guides in Latin America. The company simplifies the experience of traveling to the region offering a truly personalized offering catered to you needs and taste.
LECO – One stop solution for lens users. Through their Platform users can access their correct prescription and order the visual solution of their choice either contact lenses or glasses whenever and wherever they need it.
Tarefa – Is working to give any student timely answers to the questions on topics such as math and science. Through their educational platform the company connects students with teachers to solve their must burning questions. Also, the company is developing software that will allow to solve some of these questions without a teacher
TipiTop – End-to-end service to sell or buy pre-owned cars in a reliable and easy way. The company is growing a network of certified mechanics and sellers that verifies every car that goes through their platform, assuring the quality of such an important acquisition.
Yaydoo – Through their network of suppliers the company is creating and On-demand procurement assistant that resolves all the needs of a business reducing work and logistics to ensure that companies have everything they need for their daily activities.
Yetcargo – Allows companies to ship their product at affordable prices by allowing them to use the excess capacity of shipment and delivery trucks.