How many investments has XB Ventures made?

XB Ventures has 16 tracked investments, including 1 dated in the last 24 months.

What stage does XB Ventures invest at?

XB Ventures invests at the Growth stage.

Who does XB Ventures co-invest with?

XB Ventures most often shares deals with 4D Capital, Crosscut Ventures, Rho Ventures, among 49 tracked co-investors.

XB Ventures

Venture capital

Growth · 7 people tracked

★ Follow + Add to CRM ⤳ Find an introduction

Find your way into XB Ventures

Paths you didn't know you had: your email and LinkedIn already hold routes to the XB Ventures team. We find them for you
2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict

Investment thesis

XB Ventures focuses on backing outstanding entrepreneurs during the growth and expansion phase of their companies. The firm emphasizes a value-added, hands-on approach, working closely with founders to empower global startups seeking to grow within Latin America. It positions itself as a partner to portfolio companies rather than a passive investor, and invites prospective Limited Partners to engage directly to learn about its portfolio and investment philosophy.

Invests inAI & Machine Learning Cybersecurity Digital Health E-commerce Enterprise Software Healthtech Medical Devices Mental Health PropTechSector AgnosticLatin America Mexico

Source: firm website, verified Sep 20, 2026.

Leave your own feedback

Stage

Growth

Instruments

Equity

Founded

2014

Tracked investments

Unicorns

Team · 7 people

from the firm's website & curated

Alain Falkon· Managing Partnerin

Managing Partner with experience in technology integration and executive education. Former President of Telectrónica, pioneering RFID and IoT automation across Latin America. Directs a business undergraduate program at Universidad de Palermo and serves on boards of CIPSA and Total Source S.A. Holds an MBA from Chicago Booth and a BSc from Technion.

Fernando del Río· Managing Partnerin

Managing Partner with over two decades in venture capital and strategic consulting across healthcare, pharmaceuticals, and technology. Formerly a Partner at Innovasalud and held roles at IQVIA and The Boston Consulting Group. Holds an MBA from UC Berkeley Haas and an engineering degree from Universidad Autónoma Metropolitana.

Héctor Valle· Managing Partnerin

Managing Partner with over three decades in pharmaceutical market consultancy and healthcare. Executive President of Funsalud and co-founder of INNOVASALUD; held leadership roles at IMS Health, Valeant, Novartis, and Ciba Vision. Studied at Tecnológico de Monterrey.

José Antonio García Cors· Managing Partnerin

Managing Partner at XBV with over 30 years of investing experience, specializing in healthcare and real estate. Previously a Partner at Innovasalud and held leadership roles at IQVIA, Inoxum, and Farmacias Personalizadas. Holds a Civil Engineering degree from UNAM.

Mony de Swaan· Managing Partnerin

Managing Partner with experience as a former public servant and consultant in telecommunications, water, and pharmaceuticals. Founder & CEO of CEIAP SC and former Chairman of Mexico's Comisión Federal de Telecomunicaciones. Holds a BA from El Colegio de México and an MSc from LSE.

Alberto Tubilla· Mexicoin

Alberto Tubilla co-founded XB Ventures, a Mexico-based fund manager that invests in growth-stage companies operating internationally and in Mexican startups with expansion potential, in 2013, where he serves as Managing Partner. He has over 10 years of experience in the IT industry across R&D and management roles, and previously held positions at Latin Idea Ventures and América Móvil, as well as working as an angel investor and advisor to startups in the TMT sector. Tubilla holds an MBA from Babson's F.W. Olin Graduate School of Business, an MSc in Telecommunications Engineering from King's College London, and a BS in Electrical Engineering and Telecommunications from Universidad Iberoamericana, and completed the Kauffman Fellowship Program at the Center for Venture Education.

Hernando Guzmán· Managing Partner· Mexicoin

Hernando Guzman is a Kauffman Fellow, a member of Class 16 of the two-year venture capital leadership program run by Kauffman Fellows. The program's member directory lists them at XB Ventures in Mexico.

What they invest in

from 10 of 16 portfolio companies

Digital Health ×6Healthtech ×5Medical Devices ×5SaaS ×5AI & Machine Learning ×3Enterprise Software ×3Cybersecurity ×2Hardware ×2

HQs:United States×7

Who they back

founder profiles across 9 portfolio companies

33%

solo founders

3 of 9 mapped founding teams

Founding team size:solo founder×32 founders×53 founders×1

Investments · 16 tracked

founders shown can be your intro path

By year:2025 · 1 2022 · 1 2021 · 13 dated

AirEyeaireye.tech in 𝕏

AirEye develops a wireless airspace security platform that provides visibility, classification, monitoring, and Layer 2 firewall protection against threats such as rogue access points, evil twins, and unauthorized network access.

AI & Machine LearningCybersecurityEnterprise SoftwareIoTSaaS

Tanuj Mohan(Founder)in Ori Calvo(Co-founder)in

Co-investorsCanaan Partners toDay Ventures US Venture Partners U.S. Venture Partners

Carevisocareviso.com in 𝕏

Careviso automates prior authorization and administrative workflows in healthcare using its seeQer platform, helping patients understand treatment options and financial implications while reducing provider burden.

Digital HealthEnterprise SoftwareHealthtechSaaSFalls Church, US

Andrew Mignatti(Founder)in Perry Dimas(Founder)in

Co-investorsLytical Ventures Mercury Fund Ballast Point Ventures

Curemetrixcuremetrix.com

CureMetrix develops FDA-cleared AI software that analyzes routine screening mammograms to detect, quantify, and contextualize Breast Arterial Calcifications (BAC) for radiologists.

AI & Machine LearningDigital HealthMedical Devices

Co-investorsKeshif Ventures

Fableticsfabletics.com in

Digitally native activewear brand selling men's and women's apparel through a VIP membership subscription model and retail stores.

Adam Goldenberg(Founder)Don Ressler(Founder)Kate Hudson(Founder)

Co-investorsAvenir Growth Capital Crosscut Ventures Matrix Rho Capital Partners Rho Ventures

IfOnlyifonly.com

Experiences marketplace offering members unique experiences with celebrities and local experts (acquired).

Co-investorsAdvance Venture Partners New Enterprise Associates (NEA)Winklevoss Capital American Express Ventures (Amex)Digital Garage Khosla Ventures +1 more

Neuromoddevicesneuromoddevices.com in 𝕏

Neuromod is a medical technology company that developed Lenire, an FDA-approved bimodal neuromodulation device for treating tinnitus.

HardwareHealthtechMedical Devices

Ross O'Neill(Founder)in

Co-investorsFountain Healthcare Partners

OnSite Waste Technologiesonsitewaste.com

OnSite provides tech-enabled medical waste management for healthcare providers, including biohazardous waste pickups, in-facility sterilization, document shredding, mail-back kits, and waste analytics.

CleantechHealthtechSaaS

Co-investorsCove Fund

Recuro Healthrecurohealth.com in 𝕏Aug 2022

Recuro is a virtual-first digital health platform that provides primary care, behavioral health, urgent care, and supplemental benefits (pharmacy, care management, advocacy) to patients, employers, health plans, and providers.

Digital HealthHealthtechSaaSRichardson, US

Michael Brombach(Chief Executive Officer and Co-Founder)in Michael Gorton(Chief Executive Officer)inDr. Kate Sowerwine(Chief Medical Officer)John Halsey(Director)Kris Engskov(Director)inWilliam Paiva(Director)

Co-investors1843 Capital 4D Capital ARCH Venture Partners Cortado Ventures Cure Ventures Global Insurance Accelerator +4 more

ReSec Technologiesresec.co in

Resec provides malware protection for removable devices by sandboxing file transfers to PCs and enabling secure access without blocking device usage.

CybersecurityData & InfrastructureEnterprise SoftwareSaaS

Co-investorsPlug and Play Ventures QBN Capital

SavageXFentysavagex.com

Direct-to-consumer lingerie and apparel brand founded by Rihanna, known for extended sizing and a VIP membership model.

Co-investorsACME Capital Black Jays Ventures Crosscut Ventures Kensington Capital Partners Limited Rho Ventures Advent International +6 more

Scopio Labsscopiolabs.com in

Scopio Labs develops Full-Field digital cell morphology imaging and AI analysis platforms for hematology laboratories.

Itai Hayut(Co-Founder and CEO)inErez Na'aman(Co-Founder and CTO)in

Co-investorsAescuvest Lumir Ventures Viola Ventures Aurum Ventures MKI FORTISSIMO CAPITAL OurCrowd

Senseyesenseye.co in 𝕏

Senseye develops technology and tools for detecting and treating PTSD, leveraging neuroscience research and machine learning.

AI & Machine LearningDigital HealthHealthtechMedical DevicesMental Health

David Zakariaie(CEO & Founder)in

Co-investors4D Capital Plug and Play Ventures Altara Ventures IQ Capital MMC Ventures

Truviantruvianhealth.com in 𝕏

Truvian builds an on-site blood diagnostics platform that combines clinical chemistry, immunoassay, and hematology testing in a single compact instrument.

BiotechDigital HealthMedical DevicesSan Diego, US

Dena Marrinucci(Co-Founder & Chief Operating Officer)inMichael J. Mina(Chief Medical and Strategy Officer)in

Co-investorsDns Capital GreatPoint Ventures Wittington Ventures Domain Associates Embark Ventures Medical Excellence Capital +1 more

Wearlinqwearlinq.com inApr 2025

Wearlinq develops the eWave, a wireless, FDA-cleared 6-lead continuous ECG cardiac monitor with a patient smartphone app and the LiveLinq platform for clinicians to review ECG waveforms and reports.

Digital HealthHardwareMedical DevicesSan Francisco, US

Michael Torres(Executive Officer)in Chris Daniel(Executive Officer)inYuxin Liu(Executive Officer, Director)Konrad Morzkowski(Executive Officer, Director)

Board Krish W. Ramadurai(Director)inJoseph Knight(Director)

Co-investorsAIX Ventures Aju IB Investment Alumni Ventures Amino Capital Celtic House Asia Partners Device of Tomorrow Capital +7 more

Wework, LLCwework.comOct 2021

Provides space, community, and services through physical and virtual offerings.

New York, US

Jared DeMatteis(Chief Legal Officer)Sandeep Mathrani(Chief Executive Officer and Director)Benjamin Dunham(Chief Financial Officer)John Santora(Chief Executive Officer)inAdam Neumann(Founder)Miguel McKelvey(Founder)

Co-investorsAleph Avant Global LLC Dag Ventures EQUIAM FJ Labs Homebrew +9 more

Other

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

Justfab

Portfolio news

latest coverage across their companies

WeWork - Wikipedia

Wework, LLC · en.wikipedia.org · Sep 11, 2026

Wearlinq Raises $14M in Series A Funding

Wearlinq · finsmes.com · Dec 18, 2025

Frequently asked questions

How many investments has XB Ventures made?: XB Ventures has 16 tracked investments, including 1 dated in the last 24 months.
What stage does XB Ventures invest at?: XB Ventures invests at the Growth stage.
What sectors does XB Ventures focus on?: XB Ventures focuses on AI & Machine Learning, Cybersecurity, Digital Health, E-commerce, Enterprise Software, Healthtech, Medical Devices, Mental Health, PropTech, Sector Agnostic.
Who does XB Ventures co-invest with?: XB Ventures most often shares deals with 4D Capital, Crosscut Ventures, Rho Ventures, among 49 tracked co-investors.

Similar investors

Everywhere Ventures

Everywhere Ventures is an early-stage venture firm that writes pre-seed checks and is backed by a community of founder and operator LPs.

$250K

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.

$100K – $5M

Norwest Venture Partners

Norwest is a venture capital and growth equity investment firm that has backed over 700 companies across technology, consumer, and healthcare over its 65-year history.

$10M – $30M

Asia2G Capital

Asia2G (A2G) Capital is a Silicon Valley venture capital firm that invests primarily in early-stage Korean and Asian technology startups seeking to expand globally.

GV (Google Ventures)

GV (Google Ventures) is a venture capital firm that has invested in AI and machine learning since its early days, backing more than 100 AI companies across infrastructure, life sciences, and applications.

$250K – $50M