San Francisco · Pre-Seed–Series A · 8 people tracked
Also known as ALTER MANAGEMENT LLC
Investment thesis
Alter Global backs early-stage founders in emerging tech ecosystems across Latin America, South and Southeast Asia, the Middle East, and Africa. The firm's stated purpose is to catalyze these ecosystems by supporting role-model founders who create breakout success stories. It believes success stories have a multiplier effect, drawing in more investors and inspiring teams to fund and found new companies, echoing the 'PayPal Mafia' dynamic in Silicon Valley. The firm views tech unicorns as engines of job creation and national transformation, favoring the creation of enduring companies over traditional aid.
Source: firm website, verified Aug 25, 2026.
Team · 8 people
from the firm's website
Founder mafia
5 people who came through Alter Global went on to found or lead other companies.
What they invest in
from 28 of 38 portfolio companiesFintech ×13SaaS ×11E-commerce ×7AI & Machine Learning ×6Enterprise Software ×5Logistics & Supply Chain ×4EdTech ×3Construction Tech ×2
HQs:Brazil×6Indonesia×4Pakistan×3Colombia×2Egypt×2Nigeria×2
Who they back
founder profiles across 22 portfolio companiesFounding team size:solo founder×82 founders×103 founders×34+ founders×1
Where their founders studiedfrom 23 founders with education data
Stanford University Graduate School of Business ×6American School Foundation of Monterrey ×4The American University in Cairo ×3Georgetown University ×2The London School of Economics and Political Science (LSE) ×2Universidade Federal de Minas Gerais ×2Universitat de Barcelona ×2Yale University ×2
Where their founders worked beforefrom 26 founders with career history
McKinsey & Company ×3Chiper ×2Galera ×2Paymob ×2Rappi ×2Stanford University Graduate School of Business ×2
Accelerator rootsportfolio companies that came through a program
7 hold an MBA (of 24 with degree data)
Investments · 38 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 22023 · 25 dated
Abhi provides Earned Wage Access, letting employees withdraw their earned salaries before payday, alongside business financing products such as invoice factoring, working capital financing, and platform-based lending.
Fintech
Co-investorsFatima Gobi VenturesGobi PartnersSarmayacarVEFVentureSouqTeam Ignite Ventures
An online insurance broker operating in Egypt that sells insurance policies to customers significantly faster than traditional insurers.
FintechInsurTechCairo, EG
Shady El Tohfa(Founder)inAdham Nauman(Founder)in
Co-investorsEBRD Venture Capital Investment ProgrammeP1 VenturesY Combinator
Azos is a Brazilian insurtech offering digital life insurance and related coverages (critical illness, accidental total disability, and funeral assistance) to individual consumers.
FintechInsurTech
Rafael Cló(Founder)inBernardo Correa Ribeiro(Founder)inRenato Farias(Founder)in
Co-investorsKaszek VenturesPropel Venture PartnersMAYA CapitalMAYA Capital VenturesMunich Re VenturesProsus Ventures
Bazaar is an online grocery service in Pakistan offering fresh produce, pantry staples, and local and international brands through its website and mobile apps.
ConsumerE-commerceFoodTech
Hamza Jawaid(Founder)in
Co-investorsAcrew CapitalIndus Valley CapitalSaison CapitalDefy PartnersTiger Global Management
BRIK operates a network of ready-mix concrete batching plants across the greater Jakarta area and West Java, supplying concrete (BRIK Mix) for construction projects.
Construction TechNew Materials
Co-investorsAC VenturesAccelB Capital GroupB4 CapitalJungle Ventures
Capa operates a cross-border payment and FX platform that connects Latin America to global markets, converting fiat to stablecoins and back with instant settlement and liquidity via an API, SDK, or dashboard.
Crypto & Web3Data & InfrastructureFintech
Co-investorsBetter Tomorrow VenturesNorte VenturesReverieBTV
Colombian B2B e-commerce platform that lets neighborhood corner shops restock inventory online with next-day delivery.
Bogota
Jose Jair Bonilla(Executive Officer, Director)inOscar Sarria(Founder)inSimon Borrero(Director)
Co-investorsFEMSA VenturesFlucas VenturesFourth RealmInQlabKube VCMONASHEES+5 more
Clara offers a spend management platform combining corporate cards (physical, virtual, and single-use), automated expense reporting, approvals, reimbursements, and travel payment tracking for companies.
AI & Machine LearningFintechSaaS
Gerry Giacomán Colyer(Founder)in
Co-investorsCoatue ManagementPICUS CAPITALAvid VenturesBBVA SPARKCiti VenturesCovalto+2 more
CoLearn is an online tutoring service (bimbel) offering live two-way classes in Mathematics and Science (Physics/Chemistry) for students in grades 4 through 12, along with weekly exercises and parent progress reports via WhatsApp.
EdTech
Abhay Saboo(Founder)in
Co-investorsAC VenturesAlpha Wave GlobalCapria VenturesGSV VenturesLeo Capital VenturesPeak XV Partners+3 more
Divibank provides payment processing and credit services for online merchants, including payment links, checkout, PIX, card, and boleto acceptance, antifraud protection, and advance of credit card receivables.
E-commerceFintechSaaS
Jaime Taboada(Founder)Rebecca Fischer(Founder)in
Co-investorsAllievo CapitalBetter Tomorrow VenturesClocktower VenturesKube VCGilgamesh VenturesMagma Partners+4 more
Co-investorsBlitzscaling VenturesQuartzQuona Capital
LATAM social commerce platform allowing users to participate in group buying deals and interactive shopping experiences.
Diego Dzodan(Founder)杰哥 Diego Dzodan(Founder)
Co-investorsG SquaredNotable Capital
Flextock provides a fulfillment and logistics platform that manages warehouse operations, order consolidation, and cross-border expansion for e-commerce businesses.
E-commerceEnterprise SoftwareLogistics & Supply ChainSaaSCairo, EG
Mohamed Mossaad(Founder)inEnas Siam(Founder)in
Co-investorsBY Venture PartnersCapria VenturesFoundation VenturesMSA NovoTLcom CapitalY Combinator+3 more
Fly Media operates Fly Studio, a platform that generates characters, voice, scripts, and video content and distributes it across TikTok, Instagram, Facebook, and YouTube.
AI & Machine LearningMarketing TechMedia & EntertainmentPortland, US
Victor Trindade(Founder)Joseph A. Orr(Executive Officer, Director, Promoter)Luke Sontag(Executive Officer)Paul Wagner(Director)
Co-investorsbig_betsNorte VenturesVerve Capital
Gabriel is a Brazilian technology company that installs networked security cameras (its "Camaleão 2") on private properties facing public streets, using automatic license plate reading to identify vehicles involved in crimes and alert authorities in real time.
AI & Machine LearningGovTechHardware
Co-investors4M HoldingAstellaNorte VenturesQualcomm VenturesSoftbank Latin America FundSoftBank Group
Iniciador provides Open Finance infrastructure in Brazil, offering a full-service platform for account connection, data APIs, and Pix payment initiation along with regulatory maintenance, embedded engineers, and consulting.
Data & InfrastructureFintechSaaSGeorge Town, BR
Marcelo Martins(Founder)inMarcelo Costa Vasconcellos Martins Junior(Executive Officer, Director)
Co-investorsbig_betsNorte VenturesValor Capital GroupActyus
B2B marketplace that connects brands & retailers in Latam.
E-commerceSão Paulo, BR
Marcos Salama(Founder & CEO)inFernando Carrasco(Co-founder & CDO (Chief Data/Development Officer, per Greylock); Operations, Technology & Data (per Crunchbase))Laura Camargo(Co-Founder, CFO & People)
Co-investorsAndreessen HorowitzAvenir Growth CapitalMONASHEESNXTPGreylock PartnersMAYA Capital Ventures
Jota is an AI assistant that manages payments, receivables, and finances for small business owners and freelancers via WhatsApp and a mobile app.
AI & Machine LearningFintech
Co-investorsbig_betsHaun VenturesHOF CapitalNorte VenturesMAYA Capital Ventures
Kargo Technologies provides a digital logistics platform that integrates shippers with a network of transporters and drivers in Indonesia.
Logistics & Supply ChainSaaSJakarta, ID
Tiger Fang(Founder)in
Co-investorsAC VenturesAgaeti VenturesAppWorks VenturesCapria Ventures
Co-investorsRocketship.vcSaison CapitalTarget GlobalACE & Company
Anurakt Jain(Founder)in
Co-investorsBetter CapitalEmphasis VenturesGMO VenturePartnersTracxn labsTrifecta Capital Advisors
Maqsad is Pakistan's leading online test preparation platform offering daily live classes, practice questions, and mock tests for MDCAT, ECAT, BCAT, and O-Level exams.
EdTechPakistan, PK
Taha Ahmed(Founder)in
Co-investorsFatima Gobi VenturesGobi PartnersIndus Valley Capital
Melonn is a 3PL and fulfillment platform that manages inventory, orders, and multi-channel distribution for e-commerce and retail brands in Colombia and Mexico.
E-commerceLogistics & Supply ChainSaaS
Andres Gomez Sanchez(Founder)in
Co-investorsNFXQED InvestorsWollef Ventures
Nestcoin provides financial and banking services designed specifically for creators.
Creator EconomyFintechLagos, NG
Yele Bademosi(Founder)in
Co-investors4DX VenturesAdaverseElectric CapitalLoftyInc CapitalSerena VenturesTimon Capital+4 more
Oliv offers a digital working capital financing product that uses a credit engine to analyze a business's performance and assign available credit within minutes.
Fintech
Co-investorsEnza CapitalAlgebra Ventures
Pomelo is a modular, API-first payment infrastructure platform powered by AI that enables the issuance, processing, and management of credit and debit cards.
AI & Machine LearningFintechSaaSBuenos Aires, AR
Gastón Irigoyen(Founder)inJuan Fantoni(Founder)
Co-investorsClocktower VenturesGraph VenturesIndex VenturesLatitud VenturesMirana VenturesMONASHEES+8 more
Co-investorsFoxmont Capital PartnersKickstart VenturesOpenspace VenturesSaison Capital
Shipper provides end-to-end logistics solutions and digital infrastructure for e-commerce and businesses in Indonesia and Southeast Asia, including freight forwarding, fulfillment, and supply chain financing.
B2B MarketplacesE-commerceEnterprise SoftwareLogistics & Supply ChainJakarta, ID
Budi Handoko(Founder)inPhil Opamuratawongse(Founder)in
BoardArjun Chopra(Director)inYinglan Tan(Director)inBanafsheh Fathieh(Director)
Co-investorsAC VenturesCapria VenturesFloodgateGold House VenturesIndogen CapitalInsignia Ventures Partners+2 more
Domun is an e-commerce platform that enables merchants to create, manage, and automate online stores from a mobile interface.
E-commerceMarketing TechSaaSBogotá, CO
Joaquín Serrano(Founder)Oscar Arellano(Founder)Yerson Cacua(Founder)
Co-investorsClocktower VenturesMarathon VenturesOpera VenturesStreamlined Ventures
Lahore, PK
Mohsin Zaka(Founder)
Co-investorsAmaana CapitalFatima Gobi VenturesLoftyInc CapitalNuwa CapitalEarl Grey Capital
Vincoed manages educational programs and training across multiple institutions for organizations and their employees, offering services including preferential pricing, scholarship administration, coaching, and centralized payment processing.
EdTechEnterprise SoftwareHR TechMarketplacesSaaSMonterrey, MX
Lissy Giacoman(Founder)inMiriam Fernandez(Founder)inSofia Sada(Founder)inSofía Sada(Founder)
Co-investorsCapria VenturesStartupsY Combinator
Zone operates a regulated blockchain network and payment infrastructure that routes and settles transactions directly between financial institutions without a central intermediary.
Crypto & Web3Enterprise SoftwareFintechLagos, NG
Obi Emetarom(Co-Founder & CEO)inWale Onawunmi(Co-founder & Chief Technology Officer)
Co-investorsCapria VenturesDigital Currency GroupLateral CapitalTimon CapitalTLcom CapitalTofino Capital+1 more
Portfolio news
latest coverage across their companies
Gabriel · scanx.trade · Aug 19, 2026
Clara · sanjosespotlight.com · Aug 18, 2026
ABHI · tribune.com.pk · Aug 4, 2026
Jota · latamrepublic.com · Jul 14, 2026
Shipper · raise.jobs · Jul 7, 2026
Azos · finsmes.com · Mar 25, 2026
Flextock · logupdateafrica.com · Feb 23, 2026
Amenli · insnerds.com · Oct 22, 2025
Frequently asked questions
- How many investments has Alter Global made?
- Alter Global has 38 tracked investments, including 3 dated in the last 24 months.
- What stage does Alter Global invest at?
- Alter Global invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Alter Global focus on?
- Alter Global focuses on AgTech, AI & Machine Learning, Construction Tech, Crypto & Web3, E-commerce, EdTech, Fintech, InsurTech, Logistics & Supply Chain, Marketplaces, Sector Agnostic.
- Where is Alter Global located?
- Alter Global is headquartered in San Francisco, US.
- Does Alter Global lead rounds?
- Alter Global typically participates in rounds rather than leading them.
- Who does Alter Global co-invest with?
- Alter Global most often shares deals with Capria Ventures, Norte Ventures, AC Ventures, among 104 tracked co-investors.
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