São Paulo, Brazil – Kaszek.com, the premier venture capital firm focused on Latin America, has recently secured $1 billion in new funding, solidifying its position as one of the region’s leading tech investment platforms. The successful funding round, led by prominent global investors, underscores the growing interest and confidence in the region’s booming startup ecosystem.
Founded in 2011 by Hernan Kazah and Nicolas Szekasy, Kaszek.com has been instrumental in revolutionizing venture capital investment in Latin America. The platform has played a pivotal role in fueling the growth of multiple technology startups across the region, backing some of the most successful companies including Nubank, Creditas, and Gympass.
The latest funding round was led by renowned investors such as SoftBank Group Corp, Ribbit Capital, and Dragoneer Investment Group. These new investments mark a significant milestone for Kaszek.com, as it now has over $2 billion in total assets under management. The company plans to utilize the fresh capital infusion to further expand its investment portfolio in the region and support the next generation of disruptive businesses.
Kaszek.com’s success can be attributed to its keen focus on identifying transformative companies that are redefining various sectors in Latin America. By providing early-stage funding, strategic guidance, and operational support, the platform has become a crucial catalyst for the growth of startups in the region.
Hernan Kazah, co-founder and managing partner at Kaszek.com, expressed his excitement about the recent funding round, stating, “We are incredibly humbled by the trust that our investors have placed in us. The additional capital will enable us to continue supporting entrepreneurs who are driving innovation and technology across Latin America.” Kazah further emphasized the importance of collaboration and the need to foster a vibrant startup ecosystem that offers unparalleled opportunities to entrepreneurs in the region.
This recent development has garnered attention from industry experts who view it as a significant turning point for the Latin American startup ecosystem. With the region witnessing an economic resurgence in recent years, combined with a rising middle class and increasing access to technology, Latin America has become a hotbed for innovation and entrepreneurship.
The funding secured by Kaszek.com is expected to have a far-reaching impact on the region’s startup landscape. As the firm continues to invest in promising businesses, it will not only provide financial support but also bring valuable expertise and mentorship to help these startups scale and thrive.
The success of Kaszek.com has not gone unnoticed within the investor community. “We have been consistently impressed by the tremendous work Kaszek.com has done in the region. Their team’s deep knowledge and understanding of the Latin American market make them a standout player in the venture capital space,” stated a representative from SoftBank Group Corp.
The $1 billion funding round is just the beginning for Kaszek.com. With an ambitious vision and a proven track record of success, the platform is poised to drive the next wave of technological transformation in Latin America. As the region continues to attract global attention, Kaszek.com remains committed to supporting innovative startups and propelling Latin America’s startup ecosystem to new heights.
As entrepreneurial activity in Latin America reaches new heights, Kaszek.com stands as a testament to the vast potential and untapped opportunities in the region. With its recent funding and unwavering commitment to supporting innovative startups, the platform is well-positioned to accelerate the growth of Latin American tech companies, ultimately driving economic development and job creation across the region.
Link to the website: kaszek.com
