ALLVP appointed Jimena Pardo, former Meta product growth and Endeavor entrepreneur, as Partner.
(Press Release) – All in for the future
ALLVP is thrilled to welcome back Jimena Pardo, former product-growth at Facebook and Endeavor entrepreneur, who has joined our firm as its third partner. The firm begins a next chapter in its history with as much energy, conviction and resolve as day one.
Jimena started working with ALLVP ten years back when the firm invested in Carrot, an innovative mobility platform she co-founded. It was ALLVP’s first investment. It led the pre-seed, the seed and series A rounds and Federico Antoni was a chairman of the board for 5 years.
“As I come full circle from founder to investor, I am all in Latin American founders not only with capital, but also with my expertise in product and growth. I’m excited to come back home and look forward to unlocking new industries and technologies,” Jimena mentioned.
Jimena joins the very special ALLVP tech community, the foremost venture capital firm in Mexico. Antonia, partner of ALLVP commented: ‘We always strive to be the best local partners for founders. Jimena brings unique experiences, complementary skills and a deep entrepreneur’s perspective. I’m sure she will help us deliver on our promise to founders as we help them build massive and impactful companies in Latin America’’.
Last year will be remembered as the year Latin America broke all the records attracting an unprecedented amount of entrepreneurial talent and venture capital. Much like the rest of the world, it was also a year of some capital excesses and misguided scaling.
“Looking back to the last couple of years, our positioning, conviction, and discipline allowed us to invest in extraordinary humans without overpaying or betraying our investment philosophy.” Federico Antoni, founder and managing partner of ALLVP, reflected on the current environment.
ALLVP portfolio companies took advantage of the good environment to enroll like-minded investors such as Accel, Sequoia, Tiger and Lightspeed. They’ve also added extraordinary talent and closed important partnerships. Fundamentals look great as portfolio sales keep rising: 12.2x from the first check onwards.
ALLVP’s boutique approach with high signal and high added value is the right model for the current correction. After a decade of supporting entrepreneurs and driving genuine performance for our investors, ALLVP is ready for the next 20 years.
About ALLVP
ALLVP is on a mission to back formidable founders that solve the hardest problems in Latin America. Founded in 2012, the firm manages more than $350 million in 3 funds. ALLVP invests in teams that are looking to transform the daily lives of people in Latin America, impacting the way they buy, move, learn, bank and take care of their minds and bodies. In 2021, the firm exited Cornershop to Uber for $3B+, its emblematic portfolio company and one of Latin America’s best VC investments in history.
The team has invested in more than 40 companies, including Robinfood, the region’s largest cloud-restaurant company in the region, Flink, a Mexican financial services platform with nearly two million users, Nuvocargo, a technology startup that is transforming the logistics sector and Yana, the world’s fastest-growing mental health app with over 8 million users.
For more information, visit allvp.com.