Y Combinator

SoftBank will invest US$1b in Colombian delivery app Rappi, split 50/50 between SoftBank’s Vision Fund and the new SoftBank Innovation Fund. Rappi is the first investment from the US$5b Innovation…

Nilo Ventures made an undisclosed investment in Keynua, a Peruvian visual identity platform that is backed by Y Combinator (W19 cohort). (Medium) Around the globe, investors have taken notice of…

SkyDrop, a Mexican shipping logistics platform for online retailers, raised US$5m from Variv Capital, Y Combinator, FJ Labs, Sierra Ventures, EasyPost, Soma Capital, Sinai Ventures, GMF and Dynamo, a previous investor. SkyDrop participated in Y Combinator’s Spring 2018 cohort.

monashees+, Sinai Ventures, Liquid2 Ventures, 500 Startups, Base10 Partners and others made an undisclosed seed investment in Grin, an e-scooter company that just joined Y Combinator.

Sinai Ventures, Mexamerica Ventures and others made a US$1.46m investment in Flint, a Mexican mobile wallet app that was accelerated at Y Combinator in 2018.

Ubits, a Colombian corporate learning platform, will receive a US$120k investment from Y Combinator as part of its Spring 2018 cohort.

Salesforce Ventures made its inaugural investment in Latin America in RunaHR, a payroll automation platform, in a US$3.5m seed round that included Y Combinator, the founder of Gmail, CTO of Dropbox, executives of Rappi, Nubank, Cabify and WeWork Latin America, and HR experts including the CTO of Zenefits, former Head Sales Head of Gusto and former Product Manager of Gusto.

Y Combinator’s Winter 2018 cohort includes Runa HR, an automated payroll platform in Mexico, Ropeo, a Colombian on-demand fashion service, Flint, a mobile wallet operating in Mexico, Qulture.rocks, a Brazilian…

TPaga is a Colombia-based mobile payment platform for the unbanked. In 2017, Silicon Valley fund Green Visor Capital led a US$2.5m investment in Tpaga, and Y Combinator invested US$120k. Co-founder Andrés Gutiérrez talks with LAVCA about how TPaga emerged from running Tappsi, a Colombian taxi app that merged with Easy in 2015, the opportunity to bring mobile payments to the unbanked, and the importance of competition.

UPDATE: Bloomberg reports that as of February 27, 2018 Rappi has raised US$185m from Delivery Hero, Sequoia Capital & Andreessen Horowitz, among others.  Undisclosed investors made a US$130m investment in Rappi,…