Marathon Ventures — Full Portfolio

Bia is a technology-driven electricity retailer in Colombia that lets businesses switch their energy provider and replace traditional meters with its proprietary BiaMonitor smart meter.

CleantechEnergyIoTBogota, CO

SRSebastian Ruales(Founder)inGuillermo Plaza Roche(Director)Leonardo Velazquez Florez(Director)Juan Sebastian Ruales Duque(Director)JEJaime E. Zunzunegui(Director)in

BoardNBNicolas Berman(Director)in

Co-investorsRARA CapitalBBBBVA SPARKIDIDB LabKAKaszek VenturesNANazcaNONorte Ventures+4 more

Platform automating IT infrastructure operations to help founders and IT professionals accelerate deployment and reduce costs.

Careers-page.com is a service by Manatal for creating, customizing, and publishing company career pages.

Future of WorkHR TechSaaS

Causaly builds an agentic AI platform for life sciences R&D that retrieves and reasons over scientific evidence, using a scientific knowledge graph and specialized AI agents to support target identification, indication discovery, and regulatory evidence validation.

AI & Machine LearningBiotechHealthtechLondon

YKYiannis Kiachopoulos(Founder)inArtur Saudabayev(Founder)Joannis Kiahopoulos(Executive Officer, Director)Yiannis Kiachopoulos Artur Saudabayev(Founder)

BoardMarc Moens(Director)inGeorgios Tziralis(Director)

Co-investorsEBEBRD Venture Capital Investment ProgrammeEMEmerge EducationICICONIQINIndex VenturesMAMarathon Venture CapitalPEPentech Ventures+5 more

Cobre operates a payments platform for businesses in Latin America, offering local instant payments in Colombia and Mexico, cross-border payments, bank account aggregation, and stablecoin on-ramp/off-ramp and payouts over its own infrastructure.

Crypto & Web3Enterprise SoftwareFintechBogotá, CO

Felipe Gedeon(Founder)inJVJose V. Gedeon(Cofundador y CEO)inACAlberto Chejne(Founder)inJose Donato(Cofundador y CTO)inDaniela Espinosa(Founder)Jose Vieira(Founder)

Co-investorsKAKaszek VenturesOAOak HC/FTQEQED InvestorsCACanaryMAMarathon Venture Capital

Vertical software helping mining companies reduce costs and increase efficiency through smarter parts management.

Co-investorsBLBlack Nova VC

Estoca provides software and logistics services that help D2C e-commerce brands in Latin America manage warehousing, fulfillment, and delivery operations more efficiently.

E-commerceEnterprise SoftwareLogistics & Supply ChainSão Paulo, BR

CACaio Almeida(Founder)inRCRodrigo Cava(Founder)inRodrigo Cava Pereira(Executive Officer, Director)

Co-investorsASAstellaFJFJ LabsK5K50 VenturesY Y Combinator8V8VCCACanary+3 more

Extendeal offers a platform focused on the pharmacy sector, helping pharmacies with purchasing efficiency and growth.

B2B MarketplacesHealthtechSaaSCiudad De La Plata

Guido Stefani(President and Director)inFEFederico Eckell(Federico Eckell is a Secretary and Treasurer of the Issuer.)inGaston Stefani(Director)Santiago Schettini(Director)Jorge Pablo Brito(Director)

Co-investorsBRBroom VenturesFJFJ LabsLALatitud Ventures

A platform offering local experiences to users, with country-specific options for Mexico and Colombia.

ConsumerMarketplaces

TFTatiana Fontalvo(Founder)in

Co-investorsBRBroom VenturesFRFrubanaTETenacity VenturesWIWill Ventures

Kalto was a Mexico City B2B fintech for Latin American SMBs—bill pay, collections, budgets, and working-capital credit.

Mexico City, MX

DPDan Pinchasi(Founder)inJLJoel Liurner(Co-Founder & CPO)in

Co-investorsKAKaszek VenturesPIPICUS CAPITALQEQED InvestorsLALatitud VenturesMAMarathon Venture Capital

Karrot is an AI-native retail operating system that combines POS, multi-store inventory, transfers, suppliers, e-commerce, marketplaces, loyalty, promotions, gift cards, and accounting in one real-time platform.

AI & Machine LearningRetail TechSaaS

Co-investorsAMAmador Holdings

Infrastructure platform removing roadblocks for Latin American founders building world-class technology companies.

Co-investorsFJFJ LabsMYMyelin VCACActyusDIDivergent CapitalGAGaingelsMAMarathon Venture Capital+1 more

Maquila is a digital agency that combines strategy, design, and technology to build websites and applications, user interfaces, and data-driven growth strategies for brands.

AI & Machine LearningMarketing Tech

Mexican B2B marketplace connecting Latin American SMEs to Asian manufacturers for cross-border sourcing and logistics.

Co-investorsVAValor Capital GroupBOBold Capital PartnersBOBonit CapitalBRBrand CapitalFRFreestyle CapitalHTHTwenty+4 more

Meru operates an online marketplace connecting mechanics in Latin America with automotive aftermarket suppliers and parts dealers.

Enterprise SoftwareFintechMarketplacesMexico City, MX

MRManuel Rodriguez Dao(Founder)inVFVirgile Fiszman(Founder)inFMFederico Moscato(Founder)inEMEduardo Mata(Founder)in

Co-investorsEMEmles Venture PartnersFJFJ LabsY Y Combinator0B0BSBOBold Capital PartnersBRBrand Capital+9 more

Nara provides AI agents that handle customer inquiries and sales interactions on websites and social media for small and medium-sized businesses, offering product recommendations and round-the-clock availability.

AI & Machine LearningEnterprise SoftwareSan Francisco, US

ACAngela Castillo(Founder)inFAFelipe Abello(Founder)inOROscar Rojas(Founder)in

Co-investorsY Y CombinatorBBBBG VenturesFIFirst Close PartnersFOForum VenturesMAMagma PartnersMAMarathon Venture Capital+1 more

Neivor offers property management software for the Mexican real estate sector, centralizing payments through SPEI, unique CLABE, card, Apple Pay and Google Pay with automatic reconciliation.

AI & Machine LearningFintechPropTech

CCCate Castillo(Founder)in

Co-investorsMAMagma PartnersTWTwo Culture CapitalAMAmadeus Capital PartnersSOSoftbank Latin America Fund

Netdata builds monitoring and observability software designed to simplify operational visibility for engineers and system operators.

Cloud ComputingData & InfrastructureDeveloper Tools

CTCosta Tsaousisin

Co-investorsBABain Capital VenturesBEBessemer Venture PartnersCOCota CapitalUNUncorrelated VenturesBABain CapitalMAMarathon Venture Capital

Prima provides structural steel services covering the full Division 5 scope, including engineering, detailing, fabrication, delivery, and erection support for industrial infrastructure.

Advanced ManufacturingConstruction TechMexico City, MX

PSPatricio Servitje(Founder)inDADaniel Autrique(Founder)inJPJuan Pablo Ramos(Founder)inGeorge Ottathycal(Founder)

Co-investorsACAcrew CapitalK5K50 VenturesNANazcaNXNXTPPIPICUS CAPITALQUQuona Capital+6 more

Seeri offers a platform that centralizes a company's data in one place and provides AI-applied automation and optimization of business processes.

AI & Machine LearningData & InfrastructureEnterprise SoftwareBogotá, CO

FRFelipe Racines(Founder)in

Co-investorsOPOpera VenturesHTHTwenty

Sproutfi is a Latin American investment platform that lets users buy US stocks and ETFs with minimal capital requirements and no fees, while connecting investors through social features for idea-sharing and learning.

FintechSão Paulo, BR

TRTyler Richie(Founder)in

Co-investorsFIFirst Check VenturesWAWavemaker PartnersY Y CombinatorGEGeometryHOHOF CapitalINInvesto Capital+6 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)inYerson Cacua(Founder)

Co-investorsALAlter GlobalCLClocktower VenturesOPOpera VenturesSTStreamlined VenturesMAMarathon Venture Capital

An online marketplace offering a wide range of products including packaging materials, industrial safety equipment, home and kitchen supplies, tools, electrical systems, hardware, paint, automotive parts, and other industrial and consumer goods.

B2B MarketplacesE-commerceMarketplacesBogota D.C., CO

EVEnrique Villamarin Lafaurie(Founder)inJuan Carlos Narvaez(Executive Officer, Director)Enrique Villamarin(Executive Officer, Director)EREric Reiner(Director)inFelipe Villamarin(Director)Nicolas Villegas(Founder)

Co-investors8V8VCALAlleyCorpAVAvenir Growth CapitalCACapria VenturesCOCoatue ManagementFOFoundamental+27 more

Cross-border platform automating operations for the emerging private debt market with built-in regulatory infrastructure.

Fort Worth, US

Todd Hodnett(Executive Officer, Director, Promoter)Shawn Smith(Executive Officer, Director, Promoter)

Co-investors3030N VenturesANAndreessen HorowitzBYBYMA VenturesCLClocktower VenturesLALatitud VenturesMAMAYA Capital Ventures+7 more

Commission-free trading app focused on Latin American users accessing US stock markets.

Co-investorsALAlleyCorpCACapria VenturesNANazcaTATamarack GlobalALalboALAlley Robotics Ventures+6 more

Welbe is a corporate health platform that integrates a national medical network, telemedicine, an app, and a data portal to help companies manage employee health as a measurable preventive strategy.

Digital HealthHealthtechHR Tech

Co-investorsHTHTwentyIKIKJ CapitalNANazcaPAParceiro VenturesBRBridge LatamH2H20 Capital+6 more

Wonder Brands develops and sells essential household consumer products across Latin America, using an online-first omnichannel model with in-house design, sourcing, and supply chain control.

ConsumerDirect to ConsumerE-commerce

MCMatias Casoy(Founder)inFederico Malek(Founder)inNicolás Gonzalez Luna(Founder)in

Co-investorsBEBeta VenturesFLFlucas VenturesHIHi VenturesKUKube VCNANazcaQEQED Investors+7 more