Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Marathon Ventures is a venture capital firm founded in 2020 and based in Bogota, Colombia. The firm focuses on early-stage investments in Latin America, particularly in B2B solutions that drive innovation and economic growth. Marathon Ventures has a fund size of $26 million and aims to support founders in building impactful companies that enhance social mobility and transform industries in emerging markets.
Currently, the firm manages a portfolio of 10 technology-driven companies, demonstrating its commitment to fostering growth in the region. The team consists of experienced professionals, including Managing Partners Alejandro Echavarria and Leon Papu, along with Senior Talent Partner Angelica Berrocal and Investment Analyst Cesar Figueredo. Marathon Ventures has established itself as one of Colombia's largest venture capital funds, with a focus on sectors such as fintech, SaaS, commerce, and healthcare.
Marathon Ventures invests at the earliest stages, specifically targeting pre-seed, seed, seed-plus, and Series A rounds. The firm provides check sizes ranging from $250,000 to $1 million, focusing on product builders who are redesigning industries in Latin America. Their investment strategy emphasizes sectors such as fintech, B2B software, commerce, and healthcare, aiming to drive innovation and economic growth through impactful solutions.
The firm seeks to partner with founders who demonstrate a strong vision and the capability to execute their ideas. Marathon Ventures employs a 360-degree support approach, helping portfolio companies navigate the challenges of early-stage growth. This includes talent development, operational support, and strategic guidance tailored to the unique needs of each startup.
Marathon Ventures has built a diverse portfolio of 10 companies, each addressing specific needs within the Latin American market. The notable portfolio companies include:
This portfolio reflects Marathon Ventures' commitment to investing in technology-driven solutions that address critical challenges in various sectors across Latin America.
Alejandro Echavarria: Managing Partner at Marathon Ventures, Alejandro has a background in venture capital and entrepreneurship. He has been involved in several notable deals in the Latin American market and is recognized for his expertise in supporting early-stage companies.
Leon Papu: Managing Partner, Leon brings extensive experience in investment and business development. He has a strong track record of working with startups in various sectors, particularly in B2B solutions.
Angelica Berrocal: Senior Talent Partner, Angelica focuses on talent development within portfolio companies. She has a background in human resources and organizational development, helping startups build strong teams.
Cesar Figueredo: Investment Analyst, Cesar supports the investment team in evaluating potential opportunities and conducting market research. His analytical skills contribute to the firm's decision-making process.
To pitch to Marathon Ventures, founders should visit their website at marathonvc.com. The firm prefers pitches that include a clear overview of the business model, market opportunity, and team qualifications. Founders should be prepared to discuss their growth strategy and how they plan to navigate challenges in the early stages.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are encouraged, as they can enhance the likelihood of a favorable review.
In February 2022, Marathon Ventures closed its first fund at $26 million, aimed at investing in approximately 20 fintech, B2B software, and marketplace startups. This fund closing was covered by TechCrunch, highlighting its significance in injecting more capital into Colombia's startup ecosystem.
As of March 2023, Marathon Ventures continues to actively build its portfolio, which currently includes ten technology-driven companies addressing various sectors in Latin America. The firm remains committed to supporting early-stage founders through targeted investments and comprehensive support.
What are Marathon Ventures' investment criteria?
Marathon Ventures focuses on early-stage investments in B2B sectors, particularly in fintech, SaaS, commerce, and healthcare. They seek product builders who are redesigning industries in Latin America.
How can founders apply or pitch to Marathon Ventures?
Founders can pitch their ideas by visiting the firm's website at marathonvc.com. They encourage submissions that clearly outline the business model, market opportunity, and team capabilities.
What makes Marathon Ventures different from other VC firms?
Marathon Ventures emphasizes a 360-degree support approach for its portfolio companies, providing not only capital but also operational support, talent development, and strategic guidance tailored to the unique needs of each startup.
What is the geographic scope of Marathon Ventures?
The firm primarily invests in Latin America, focusing on early-stage companies that are addressing local market needs and opportunities.
What is the typical fund size and check size for Marathon Ventures?
Marathon Ventures has a fund size of $26 million, with check sizes ranging from $250,000 to $1 million for their investments.
What is the post-investment involvement of Marathon Ventures?
Marathon Ventures actively engages with its portfolio companies, providing ongoing support in areas such as talent development, operational strategy, and market positioning to help them navigate early-stage growth challenges.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.