Zorzal Capital
Venture capitalMontevideo · Growth–Late Stage
Investment thesis
Zorzal invests in minority equity stakes in Uruguayan technology (software) companies, targeting a portfolio of between 5 and 12 firms. It seeks preferential dividend rights, aiming to generate both cash flow and capital appreciation for investors. The firm views Uruguay's software industry, which has grown strongly over the past decade, as an attractive investment opportunity.
Source: firm website, verified Aug 3, 2026.
Frequently asked questions
- What stage does Zorzal Capital invest at?
- Zorzal Capital invests at the Growth, Late Stage stages.
- What is Zorzal Capital's typical check size?
- Zorzal Capital typically writes checks of $5M.
- What sectors does Zorzal Capital focus on?
- Zorzal Capital focuses on Enterprise Software, SaaS, Sector Agnostic.
- Where is Zorzal Capital located?
- Zorzal Capital is headquartered in Montevideo, UY.
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