DILA Capital and Angel Ventures Peru made an undisclosed seed investment in Emptor, a Mexican identity services platform for on-demand companies.
(Press Release) Emptor, a leading platform for the automation of trust-based knowledge processes in Latin America, is proud to announce its Seed financing round. DILA Capital, a Mexico City based Venture Capital fund, led the investment round with participation from Angel Ventures Peru. This new funding will be used to hire developers to expand their product offering and develop new technology.
“Emptor’s ability to bring high-quality products to market and provide real value for their clients has been nothing short of amazing. DILA is excited to support the Emptor team amidst their impressive growth throughout Latin America,” said Alejandro Diez Barroso, Managing Partner, DILA Capital.
After launching in early 2016, Emptor has developed a robust suite of automated services for on-demand companies. The Company, through its proprietary database, has created fast and intelligent solutions to ensure that clients have the most accurate and up-to-date information on entities on their platforms, such as individuals and vehicles. With the rise of ridesharing, marketplaces and e-commerce, Emptor’s solution will play an integral role in the growing digital economy.
Since 2016, Emptor has been providing automated intelligence to major technology firms in Latin America. The Company has products in 6 countries, including reliable, easy-to-use and fast background checks for individuals, vehicles and other entities. Emptor has provided clients more than 2 million background checks to-date. For more information, please visit: www.emptor.io.
About DILA Capital
DILA Capital is a Mexico-based Venture Capital firm that is focused on investing in leading Seed and Series A companies in Mexico and Latin America. The firm, which was founded and is managed by Alejandro Diez Barroso and Eduardo Clavé, is currently investing out of its third fund. DILA works to provide support and unlock value for its portfolio companies and looks to strategically accompany them in their follow-on fundraising rounds to fill the gap for capital in the Mexican entrepreneurial ecosystem.