Fundraising Fox

MGV Capital

Venture capital

San Antonio · Pre-Seed–Series A · 8 people tracked

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Investment thesis

MGV Capital backs early-stage technology startups led by founders with strong emotional intelligence and culture-building ability. It favors software products with excellent user experience, portability, and scalability, targeting large markets with disciplined, rapid-growth ambitions. The firm looks for solutions with proven, predictable recurring revenue models and meaningful product traction, such as a minimum viable product or early monetization. A defining focus is cross-border expansion, particularly between the United States and Latin America, and the firm emphasizes diversity within its investment team and deep strategic support for founders. Its stated purpose is to help entrepreneurs develop businesses that attract strategic buyers or later growth capital across North America.

Source: firm website, verified Aug 27, 2026.

Stage
Pre-Seed–Series A
Check
$250K – $1M
HQ
San Antonio, Texas, US
Instruments
Equity
Founded
2020
Tracked investments
30

Team · 8 people

from the firm's website & curated & public directories

What they invest in

from 19 of 30 portfolio companies

SaaS ×11AI & Machine Learning ×8Fintech ×6Enterprise Software ×4Logistics & Supply Chain ×4Data & Infrastructure ×3HR Tech ×3Media & Entertainment ×3

HQs:United States×7Mexico×6Colombia×2Chile×1

Who they back

founder profiles across 13 portfolio companies
54%
solo founders
7 of 13 mapped founding teams
36%
repeat founders
of 11 founders with career history

Founding team size:solo founder×72 founders×23 founders×34+ founders×1

Where their founders studiedfrom 10 founders with education data

Tecnológico de Monterrey ×5Platanus ×3Pontificia Universidad Católica de Chile ×2

Where their founders worked beforefrom 11 founders with career history

Amstar DMC ×2Rappi ×2Smart Tourism Mexico ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×5

Investments · 30 tracked

founders shown can be your intro path

By year:2023 · 12022 · 12 dated

Airbagairbagtech.ioin𝕏

Airbag offers an HR software platform for the transportation industry that provides driver benefits such as life insurance, funeral, dental and roadside assistance, medical services, and discounts.

HR TechInsurTechIoTLogistics & Supply ChainMobility & TransportationSaaS

Adrián TruciosJosé Manuel BauregardRaúl DávilaAlonso Guzmán

Co-investorsImpacta Latam VC

Airpalsairpals.comin𝕏

Airpals is a workplace logistics platform for brand, marketing, and workplace teams to coordinate same-day courier services and multi-carrier shipping across UPS, USPS, FedEx, and other carriers.

B2B MarketplacesFuture of WorkLogistics & Supply ChainSaaSNew York, US

Joshe Ordonez(Founder)in

Apparta_apparta.coinJan 2022

Apparta is a restaurant reservation and guest management platform that handles bookings, AI table assignment, POS integration, marketing campaigns via SMS/email/WhatsApp, prepayments and no-show protection.

AI & Machine LearningFoodTechSaaSBarranquilla, CO

Gonzalo Forero(Executive Officer, Director)inElias Acosta(Executive Officer, Director)Henry Sanchez(Executive Officer, Director)Daniel VengoecheaDaniel Zuccardi

Co-investors500 GlobalAvalancha VenturesFlucas VenturesFirst Check Ventures

Bitewell

B2B 'food as medicine' marketplace letting employers offer healthy food as an insurance-subsidized benefit.

Bridgefy_bridgefy.me

Mexican software company building Bluetooth mesh-networking technology for offline mobile messaging apps and SDKs.

Co-investorsAvalancha VenturesEmbryo VenturesFocal VenturesMaC Venture Capital

Cinch

Advanced screening platform simplifying fundraising for venture investors and startup founders.

CloutDeskcloutdesk.comin

Cloutdesk offers an agent-first platform that lets AI agents run influencer marketing operations through MCP, REST API, and CLI interfaces, covering workflows like talent selection, campaign operations, terms negotiation, e-signature, and reporting.

AdTechAI & Machine LearningCloud ComputingCreator EconomyMarketing TechMedia & EntertainmentSaaS

Samantha CutlerTrevor Mengel

Co-investors500 GlobalEvolution VC Partners

Codigacodiga.ioin𝕏Acquired

Codiga is a platform that helps developers and managers detect code defects and technical debt early in their development process.

CybersecurityDeveloper ToolsSaaSDenver, US

Julien Delange(Founder & CEO)in

Co-investorsTechstars2.12 AngelsLAUNCH

Delta Protectdeltaprotect.comin𝕏

Delta Protect provides cybersecurity Blue Team services focused on defense, including vulnerability assessment, threat monitoring, incident response, and security awareness training for organizations.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Go

Alternative to traditional car ownership offering simplicity, transparency and savings.

Koddakodda.comin𝕏Defunct

Kodda provides structured health and lifestyle programs designed and guided by professionals to help users achieve sustainable personal wellness improvements.

HealthtechWellness & FitnessMonterrey, MX

Emilio Antun(Founder)inMike Alvarado(Founder)in

Co-investorsY Combinator

lapzolapzo.comin

Lapzo is an AI-powered talent development platform that maps competencies, personalizes learning plans, and evaluates employee performance for organizations.

AI & Machine LearningEnterprise SoftwareHR TechSaaSMonterrey, MX

Santiago Maldonado(Founder)in

Co-investorsAct One VenturesBDev VenturesY Combinator

LatamListlatamlist.comin𝕏

Ualá is an Argentine digital bank offering banking, payments, savings, investment, and lending services to consumers across Argentina, Mexico, and Colombia.

Construction TechFintechMedia & EntertainmentPropTech

Co-investorsAllianz XBrick Mortar VenturesTetherMagma PartnersRapid ScaleInvexor Venture Partners

Loopayloopay.comin

Loopay provides fintech infrastructure for businesses in Latin America to handle cross-border and local payments, collections, currency conversion, and automated bank reconciliation.

FintechLogistics & Supply ChainSaaS

Carlos OrtegonDiego MuñozEduardo Rivera

Co-investors500 Global

Mgvcapitalgroupmgvcapitalgroup.comin𝕏

MGV Capital Group is a San Antonio-based early-stage venture capital firm that invests in and provides strategic support to technology founders, with a focus on diversity and cross-border expansion across North America and Latin America.

AI & Machine LearningFintechSaaSSan Antonio, US

Mariano González Vasconcelos(Founder & General Partner)

BoardJosé DanielinAndreain

Minuminu.mxin𝕏

minu offers a workplace benefits platform for companies in Mexico, letting HR teams activate over 50 employee benefits such as on-demand salary (earned wage access), savings, food vouchers, loans, telemedicine, and financial education.

FintechFuture of WorkHR TechPalos Verdes Estates, US

Adam Guggenheim(Executive Officer, Director)Christine Koppinger(Executive Officer, Director)

Co-investors500 GlobalAccial CapitalCapria VenturesCats.vcClocktower VenturesInvariantes Fund+8 more

Mujer Financiera

Financial education and personal finance management resources empowering women.

Neon Financial

Buy Now Pay Later platform for essential recurring bill payments in the US.

One Creationone-creation.comin𝕏Apr 2023

One Creation offers a marketing platform built around time-based, permission-driven data sharing, letting brands ask customers for consent and preferences to personalize interactions.

AdTechMarketing TechSaaSBoca Raton, US

Zohar Hod(Chief Executive Officer)Ann Neidenbach(Director)John Smollen(Director)Cristobal Conde(Director)Ken Schiciano(Director)

Co-investorsSixThirty Ventures

Percs

Web3 platform to recognize, reward and build unique experiences for consumer brands.

Plerkplerk.ioin𝕏Acquired

Plerk provides virtual benefit cards that let companies allocate budgets for employee perks, allowing workers to choose from merchant options while maintaining centralized billing and spending controls across distributed teams.

Enterprise SoftwareFintechSaaSGuadalajara, MX

Miguel Medina(Founder)inAngel Arias(Founder)inAntonio Martinez Quintero(Founder)inAntonio Martinez(Director, Promoter)in

Co-investorsStartupsY Combinator500 GlobalFirst Check VenturesMagma PartnersUpload Ventures

Pluttogetplutto.comin

Plutto is a risk assessment platform that verifies financial, legal, labor, and regulatory risks of counterparties using official sources in real-time.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSantiago, CL

Antonia San Martin(Founder)inFelipe Domínguez(Founder)inIgnacio Márquez(Founder)in

Co-investorsCathexis VenturesClocktower VenturesY Combinator

Ryu Games

Building 'Steam for Web3'; exited.

Sento AI

Software that automatically audits calls to identify improvement areas, risks and consumer behavior insights.

Shuttle Centralshuttlecentral.comin𝕏

Shuttle Central provides airport and ground transportation booking services across Mexico, the Caribbean, USA, and Latin America, offering instant confirmation and 24/7 customer support.

ConsumerE-commerceLogistics & Supply ChainTravel & HospitalityCancún, MX

Barsi Luna(Founder)inJorge De Cordova(Founder)inLuis Uicab(Founder)in

Co-investors500 GlobalCapria VenturesY Combinator

Storybook

App combining infant massage, bedtime stories and music to help children relax and sleep.

Transecttransect.comin

Transect is a B2B SaaS platform for environmental, permitting and community-sentiment site assessment for energy projects.

San Antonio, US

Colton Brugger(Executive Officer, Director)Robin Laine(Executive Officer, Director)inGary Horn(Director)Sam Laine(Executive Officer, Director)

BoardVaughn Blake(Director)in

Co-investorsBlue Bear Capital PartnersCerity Partners Ventures

Yanayana.ai

Yana is a mobile app offering a supportive companion for emotional wellbeing and self-reflection, used by consumers seeking emotional support.

ConsumerHealthtechMental HealthWellness & Fitness

Andrea Campos(Founder)in

Co-investors500 GlobalHi VenturesImagine VenturesMagma PartnersALLVP

Zettezette.com

Zette AI develops and monetizes proprietary datasets from a network of publishers for use in AI foundation models and enterprise applications.

AI & Machine LearningData & Infrastructure

Yehong Zhu(Founder)in

Co-investorsHalogen Ventures Management Company LlcAfore CapitalHyphen Capital

Zette AIzette.ai

Zette AI partners with a network of publishers to build and monetize proprietary datasets, and supplies fact-checked, up-to-date data to enterprises for use in foundation models and real-time AI insights.

AI & Machine LearningData & InfrastructureMedia & Entertainment

Co-investorsHyphen Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has MGV Capital made?
MGV Capital has 29 tracked investments, 1 of which have exited via acquisition or IPO.
What stage does MGV Capital invest at?
MGV Capital invests at the Pre-Seed, Seed, Series A stages.
What is MGV Capital's typical check size?
MGV Capital typically writes checks of $250K – $1M.
What sectors does MGV Capital focus on?
MGV Capital focuses on AI & Machine Learning, Creator Economy, Crypto & Web3, Cybersecurity, Digital Health, Enterprise Software, Fintech, Healthtech, HR Tech, Logistics & Supply Chain, Media & Entertainment, Mental Health, Mobility & Transportation, SaaS, Sector Agnostic.
Where is MGV Capital located?
MGV Capital is headquartered in San Antonio, US.
Who does MGV Capital co-invest with?
MGV Capital most often shares deals with 500 Global, Y Combinator, Capria Ventures, among 34 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Invertir en LatAm y en Estados Unidos | Mariano González | MGV Capital

Levantando Podcast · Mariano González

Images

MGV Capital photo

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