🦊/Investors

17Sigma

Venture capital

Buenos Aires · Pre-Seed–Seed · 6 people tracked

Also known as 17 SIGMA CAPITAL PARTNERS LLC

Find your way into 17Sigma

3,017 people in our graph share verified history with the 17Sigma team — schools, employers, funds. One of them is your warm intro.

Jen Wangunlockedknows Luke Mohadeb · together at UBS (overlapped)
×2knows the team · via Goldman Sachs
×3knows the team · via University of Cambridge
×2knows the team · via Harvard University
knows the team · via McKinsey & Company
knows the team · via HEC Paris
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Investment thesis

17Sigma invests in early-stage (pre-seed and seed) founders throughout Latin America, partnering with them to build ventures that drive digitalization and reinforce the region's technology ecosystem. The firm frames its mission around achieving '17Sigma results' — extremely rare, statistically unlikely outcomes that can reshape the region's future. It bets on talent across markets including Argentina, Brazil, Chile, Colombia, Mexico, and Uruguay, backing companies spanning fintech, SaaS, AI, foodtech, agtech, proptech, HR tech, energy, and Web3.

Source: firm website, verified Sep 20, 2026.

Stage
Pre-Seed–Seed
Check
$100K – $5M
HQ
Buenos Aires, NY, AR
Leads rounds
Leads
Instruments
Equity
Founded
2021
Last 12 months
2 investments
Private fund assets
$23.4M
VC funds
1
Tracked investments
30
Unicorns
2

Team · 6 people

from the firm's website
Luke Mohadeb· Partnerin
Gisela Balbi· Analystin

Founder mafia

2 people who came through 17Sigma went on to found or lead other companies.

What they invest in

from 21 of 30 portfolio companies

Fintech ×14SaaS ×10AI & Machine Learning ×8Enterprise Software ×5Consumer ×3HR Tech ×3B2B Marketplaces ×2E-commerce ×2

HQs:Brazil×8United States×3Argentina×2Colombia×2Chile×1Spain×1

Who they back

founder profiles across 14 portfolio companies
57%
solo founders
8 of 14 mapped founding teams
54%
repeat founders
of 26 founders with career history

Founding team size:solo founder×83 founders×34+ founders×3

Where their founders studiedfrom 25 founders with education data

Pontifícia Universidade Católica do Rio de Janeiro ×5Stanford University Graduate School of Business ×4Universidad de Los Andes ×3USP - Universidade de São Paulo ×3Columbia University ×2Harvard Business School ×2Insper Instituto de Ensino e Pesquisa ×2Massachusetts Institute of Technology ×2

What their founders studiedfrom 24 founders with field-of-study data

Business & Management ×8Engineering ×7Computer Science ×5Economics ×4Finance & Accounting ×3

Where their founders worked beforefrom 26 founders with career history

Nubank ×3MIT Computer Science and Artificial Intelligence Laboratory (CSAIL) ×2Twilio ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×4

1 founders hold a PhD · 4 hold an MBA (of 25 with degree data)

Investments · 30 tracked

founders shown can be your intro path

By year:2026 · 12025 · 32023 · 22022 · 22021 · 412 dated

AgTech, Braziltarken.com.brin

Tarken is a Brazilian agricultural technology company that automates and adds decision intelligence to the credit cycle for farm-input suppliers.

Carlos Neto(Founder)in

Co-investorsMONASHEESGilgamesh VenturesLatitud VenturesMAYA Capital Ventures

Aqmenaqmen.aiin

Aqmen offers an AI product called Lio that automates commercial due diligence (CDD) workflows for consulting firms, including market sizing, competitive landscape analysis, and company financial analysis.

AI & Machine LearningFintechSaaSMadrid, ES

Santiago Segarra(Founder)in

Aravitaaravita.comin

Aravita offers an AI-based platform specialized in fresh produce (FLV) management, providing daily inventory correction, demand forecasting, and order optimization to reduce waste and stockouts.

AI & Machine LearningFoodTechRetail TechSão Paulo, BR

Aline Azevedo(Founder)in

Co-investorsAlexia Venturesbig_betsNazcaNorte VenturesQualcomm VenturesQualcomm

Arofalecomwendy.com.brin

Aro is a Brazilian technology platform that connects users with over 40 regulated credit partners to find personal loans, payroll (consignado CLT) loans, phone-collateral loans, and credit for people with negative credit records.

AI & Machine LearningB2B MarketplacesFintech

Co-investorsNorte VenturesCowen Healthcare InvestmentsNorthpond VenturesOnevc Venture Partners Llc

ARO Network Computing Resource Coordinationaro.networkApr 2026 · $2.5M

ARO Network is an edge network infrastructure platform designed for AI agents to operate on local devices and residential networks using users' real-world resources.

AI & Machine LearningCrypto & Web3Data & Infrastructure

Co-investorsCVP NoLimitEv3 Ventures LlcNo Limit Holdings (NLH)Johnson & Johnson Innovation – JJDCNorte VenturesOnevc Venture Partners Llc

BHubbhub.aiin

BHub is a Brazilian provider of accounting, tax, and financial back-office (BPO Financeiro) services for companies, handling bookkeeping, tax compliance, reconciliations, and financial governance.

Enterprise SoftwareFintechSaaSSão Paulo, BR

Jorge Vargas Neto(Founder)inFernando Ricco(Co-Founder (former CFO; stepped down December 2024))inFintech SaaS Jorge Vargas Neto(Founder)Marcelio Leal(Co-Founder (former CTO))inVanessa Muglia(Co-Founder (former CLO))in

Co-investorsClocktower VenturesNorte VenturesPICUS CAPITALMONASHEESScale-Up VenturesValor Capital Group

Bukbuk.clin

Buk offers an HR management platform that includes tools for organizational development, aimed at companies managing their workforce.

Future of WorkHR TechSaaS

Felipe Sateler(Founder)in

Co-investorsHeadlineSoftbank Latin America Fund9Yards CapitalBase10 PartnersEndeavor CatalystGreenoaks+1 more

Elevvaelevva.coinSeed · May 2022 · $30M

Elevva acquires or partners with local consumer brands to scale them into regional brands, providing strategy, technology, operations, and capital along with multichannel e-commerce expertise.

ConsumerE-commerceRetail Tech

Aníbal de Frankenberg(Founder)inFelix Tomas Elizalde(Founder)in

Co-investorsAsymmetric Capital PartnersBlustone CapitalLatitud VenturesNorte Ventures

Foodologyfoodology.com.coinSeries A · Oct 2021 · $15M

Bogata

Daniela Izquierdo(Executive Officer, Director)inJuan Guillermo Azuero(Director)

Co-investors30N VenturesAndreessen HorowitzFlucas VenturesKayyak VenturesKube VCTantauco+3 more

Hedixhedix.com.br

Hedix is building an events prediction market for Brazil, allowing users to trade on future events.

FintechMarketplaces

Jeevestryjeeves.comin𝕏

Jeeves provides flexible payment and expense management solutions for businesses, including prepaid cards, payment processing, and cross-border transaction services across multiple jurisdictions.

Enterprise SoftwareFintechSaaSMiami, US

Dileep Thazhmon(Founder)in

BoardAngela Strange(Director)inSherwin Gandhi(Director)

Co-investorsAltaIR CapitalAndreessen HorowitzClocktower VenturesCRV (Charles River Ventures)FoundersXFoundersX Ventures+14 more

Liora Energialioraenergia.com.brin

Liora Energia supplies renewable energy plans that reduce electricity bills for households and small businesses such as pet shops, bakeries, restaurants, gyms and clinics.

CleantechClimate TechEnergySão Paulo, BR

Co-investors468 Capital

Mentamentatech.ioin

Menta is a resale infrastructure company that enables ticketing platforms to manage secondary ticket sales with automated workflows, compliance controls, and real-time analytics.

B2B MarketplacesEnterprise SoftwareFintechMarketplacesSaaSBuenos Aires, AR

Co-investors468 Capital

Meramamerama.ioinSeries A · Apr 2021 · $60M

Merama acquires substantial minority stakes in e-commerce brands across Latin America and provides working capital, operational expertise, and proprietary technology to grow them.

ConsumerDirect to ConsumerE-commerceSpring, US

Sujay Tyle(Founder)inFelipe David Delgado Jr.(Director)Felipe Delgado(Founder)in

BoardMarcelo Lima(Director)inDaniel Waterhouse(Director)inAlex Szapiro(Director)

Co-investorsAdvent InternationalSoftBank GroupBalderton CapitalBroadLight CapitalD4 VenturesInvariantes Fund+9 more

Neofinneofin.com.brinFeb 2025 · $6M

Neofin offers an AI-powered accounts-receivable and debt-collection platform that automates and personalizes billing, dunning, and recovery of overdue payments for companies.

AI & Machine LearningFintechSaaSSão Paulo, BR

Laura Camargo(Co-founder & CEO)inArthur Cunha(Co-founder & CFO)inLeandro Sarmento(Co-founder & CTO)in

Co-investorsNorte VenturesBFFFar Out VenturesLatitud VenturesQuona CapitalUpload Ventures

NG.CASHng.cashSeries B · Jul 2025 · $27M

NG Cash is a Brazilian payment institution authorized by the Central Bank that operates as an electronic money issuer and provides banking correspondent services for bill payments, utilities, taxes, and credit products.

Fintech

Mario Augusto Sá(Founder)inPetrus Ballhausen Arruda(Founder)inAntônio Nakad(Founder)inVictor Trindade(Founder)inLuis Sao Thiago de Carvalho(Director)Rodin Spielmann de Sa(Director)

Co-investors4M HoldingAndreessen HorowitzDaphniLatitud VenturesMONASHEESNew Enterprise Associates (NEA)+4 more

Null Platformnullplatform.ioin𝕏

Co-investorsNorte Ventures

Ontopgetontop.comin𝕏

Ontop enables companies to hire and pay contractors globally while providing contractors with access to a financial account, card, and spending tools.

Enterprise SoftwareFintechHR TechSaaSMiami, US

Julian Torres(Founder)inSantiago Aparicio(Founder)inJulian Torres Gomez(Founder)in

Co-investorsHTwentyKube VCOpen Opportunity FundPoint72 VenturesStartupsY Combinator+2 more

Palommapalomma.comin

Palomma provides AI-powered financial services and payment infrastructure for the real estate sector in Latin America, serving tenants, landlords, and property management companies.

AI & Machine LearningFintechPropTechSaaSMedellín, CO

Cipriano Echavarria(Founder)inNicolás Gómez del Campo(Founder)inFelipe Monsalve(Founder)in

Co-investorsLatitud VenturesNido VenturesNorte VenturesStartupsY Combinator

Patagon AIpatagon.aiinNov 2025 · $2.7M

Patagon AI provides chat-based lead qualification and conversion tools that replace web forms with instant WhatsApp and chat replies, scoring conversations against custom rules and attributing them to their marketing source.

AI & Machine LearningMarketing TechSales TechBuenos Aires, AR

Cristian Adamo(Founder)in

Co-investorsNorte VenturesKfundMONASHEESOnevc Venture Partners Llc

Sadapaysadapay.pkinSeed · Mar 2021 · $7M

SadaPay offers a mobile banking app for consumers in Pakistan, providing a free virtual card for online shopping, money transfers, remittances, bill payments, and mobile top-ups.

ConsumerFintech

Co-investorsRecharge Thematic Ventures Management LlcRibbit Capital

Staystay.com.brNov 2023

Stay is a Brazilian financial wellness platform for companies that integrates private pension plans, group life insurance, financial health tools, and long-term incentive/executive compensation programs.

FintechHR TechInsurTechToronto, BR

Nicolas Frajhof(Founder)inMarco Marigotta(Executive Officer, Director)Kevin Godfrey(Executive Officer)Nick Sama(Executive Officer)Scott McGillvray(Executive Officer, Director)Blake Porretti(Executive Officer)

Co-investorsNorte VenturesBetter Tomorrow VenturesMAYA Capital Ventures

Truoratruora.comin𝕏Feb 2022

Truora provides digital identity verification and background check solutions for businesses, enabling secure user onboarding and fraud prevention across financial services, e-commerce, marketplaces, and other industries in Latin America.

CybersecurityEnterprise SoftwareFintechSaaSCali, CO

Daniel Bilbao(Founder)inDavid Cuadrado(Founder)inMaite Muniz Telleria(Founder)inCesar Pino(Founder)inMaria Teresa Muniz Telleria(Director)David Cuadrado Cabrera(Director)

Co-investorsAccelKaszek VenturesMagma PartnersOpera VenturesPropel Venture PartnersVast Ventures+3 more

Uvicuouvicuo.comin𝕏

Uvicuo is a cloud-based platform for managing and automating operational and administrative expenses, letting employees upload and reconcile receipts via WhatsApp and use a Mastercard card.

AI & Machine LearningFintechSaaSMexico City, MX

Iker Haro Escandon(Founder)in

Co-investorsNuMundo Ventures468 Capital6 Degrees Capital

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

AgTech & AI, ArgentinaExit FinTech, UruguayFinTech & AI, BrazilSomos InternetTarkenWeb3, Argentina

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has 17Sigma made?
17Sigma has 30 tracked investments, including 4 dated in the last 24 months.
What stage does 17Sigma invest at?
17Sigma invests at the Pre-Seed, Seed stages.
What is 17Sigma's typical check size?
17Sigma typically writes checks of $100K – $5M.
What sectors does 17Sigma focus on?
17Sigma focuses on AgTech, AI & Machine Learning, Crypto & Web3, Energy, Fintech, FoodTech, HR Tech, PropTech, SaaS, Sector Agnostic.
Where is 17Sigma located?
17Sigma is headquartered in Buenos Aires, AR.
Does 17Sigma lead rounds?
Yes, 17Sigma leads investment rounds.
Who does 17Sigma co-invest with?
17Sigma most often shares deals with Norte Ventures, Y Combinator, Andreessen Horowitz, among 48 tracked co-investors.

Media · Podcasts & interviews

featuring the team

BIANCA SASSOON de 17Sigma: La sociedad con Pierpaolo Barbieri y su filosofìa de trabajo

El Observador · Pierpaolo Barbieri

"Levantamos 30 MILLONES de USD para INVERTIR": BIANCA SASSOON, Managing Partner en 17Sigma.

Rosendo Grobo - Conversaciones · Bianca Sassoon

Images

17Sigma photo

Co-investors · 10

MONASHEES

Monashees is a Latin American venture capital firm backing technology-driven founders building category-defining companies from the region for global markets.

$10M
Andreessen Horowitz

Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.

Both backed · 3
$500K – $50M
Valor Capital Group

Valor Capital Group is a cross-border venture fund connecting the US, Latin American, and global technology markets, investing in consumer internet and enterprise software companies.

Both backed · 2
$100K – $5M
New Enterprise Associates (NEA)

New Enterprise Associates (NEA) is a venture capital firm that invests in and provides long-term support to founders building new companies.

Both backed · 1
$200K – $40M
Balderton Capital

Balderton Capital is a European venture capital firm that backs technology startups.

Both backed · 1
$5M – $50M
PICUS CAPITAL

Picus Capital is a privately financed venture capital investor focused on early-stage technology ventures, having backed over 170 companies with a long-term, entrepreneur-aligned approach.

Both backed · 1
$100K – $300M
Ribbit Capital

Ribbit Capital is a venture firm that partners with founders challenging incumbents across areas such as AI, global commerce, infrastructure, wealth management, money movement, identity, data, and energy, with a strong emphasis on brand-building.

Both backed · 1
Sadapay
$100K – $15M
Unpopular Ventures

Unpopular Ventures is an investment firm that backs standout startups found off the beaten path, favoring opportunities that are contrarian or unpopular early on.

Both backed · 1
$100K – $500K
MassMutual Ventures

MassMutual Ventures is the venture capital arm of Massachusetts Mutual Life Insurance Company, investing in technology companies and supporting their growth with capital, connections, and expertise.

$500K – $5M
Newtopia VC

Newtopia VC is a Latin American venture capital firm backing early-stage startups from idea to product-market fit, supported by regional entrepreneurs, angels, and founders of the region's unicorns.

$100K – $1M

Firms observed investing alongside 17Sigma, from public investor directories. Shared companies are the overlap with 17Sigma's recorded portfolio.

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