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ON Ventures is a venture capital fund founded in Mexico, focusing on investing in private companies that provide viable and innovative products and services. Established by experienced serial entrepreneurs, the fund aims to contribute to Mexico's economic and social development by targeting small and medium-sized enterprises (SMEs) and early-stage projects. The firm emphasizes generating value through capital appreciation over an appropriate maturation period.
Currently, ON Ventures operates with a focus on the Information Technology and Communications (ITC) sector and multi-industry enterprises. The fund has a commitment to supporting family-owned companies that seek to institutionalize and enhance their management practices. The firm is based in Mexico, with an additional office in Montreal, Canada, and maintains a team of dedicated professionals to guide its investments.
ON Ventures primarily invests in the early and expansion stages of small and medium-sized enterprises in Mexico. The fund's investment strategy encompasses pre-seed, seed, and Series A stages, with a particular emphasis on innovative companies that demonstrate high growth potential. The sectors of interest include Information Technology and Communications (ITC) and multi-industry ventures.
The firm specifically targets family-owned businesses that are looking to improve their management practices and institutionalize their operations. ON Ventures seeks companies with clear competitive advantages, aiming to generate long-term capital appreciation while contributing positively to Mexico's economic and social landscape.
ON Ventures has a notable portfolio company, TiZKKA, which is a Mexican social network and fashion app. In 2016, ON Ventures co-invested $800K in TiZKKA alongside Capital Invent and a group of angel investors. This investment highlights the firm's interest in consumer-oriented technology platforms.
Currently, TiZKKA remains the sole company listed in ON Ventures' portfolio, indicating a focused investment strategy. The firm’s commitment to supporting innovative startups in the ITC sector is evident through its investment in TiZKKA, which aims to enhance social connectivity and fashion engagement among users.
Alejandro Villalón - Managing Partner. Alejandro has extensive experience as a serial entrepreneur and is responsible for leading investment decisions at ON Ventures. He has a strong background in supporting early-stage companies in Mexico.
Jorge González Casque - Partner. Jorge brings a wealth of knowledge in venture capital and has been involved in various successful investments in the ITC sector.
Luis Antonio Ascencio - Partner. Luis has a background in finance and entrepreneurship, focusing on identifying high-growth potential companies.
Enrique Vera - Partner. Enrique specializes in operational support for portfolio companies, helping them scale effectively.
Samuel García - Partner. Samuel has experience in management consulting and works closely with founders to enhance their business strategies.
Modesto Gutiérrez - Partner. Modesto focuses on market analysis and investment strategy development.
Hugo Nieto - Partner. Hugo has a background in technology and innovation, contributing to the firm's focus on ITC investments.
To pitch ON Ventures, founders should send an email to Alejandro Villalón at avillalon@onventures.mx. It is recommended to include a comprehensive pitch deck that outlines the business model, market opportunity, and competitive landscape. Founders should expect a response within a few weeks, depending on the volume of inquiries.
Warm introductions are preferred, but not mandatory. The firm values clarity and detail in pitches, particularly regarding how the startup aligns with their investment focus on innovative companies in Mexico.
As of 2016, ON Ventures co-invested $800K in TiZKKA, a Mexican social network and fashion app, alongside Capital Invent and other angel investors. This investment highlights the firm's interest in consumer-oriented technology platforms.
No recent deal activity has been reported since 2016, indicating a potential gap in public visibility or activity. The firm may still be operational but lacks recent press coverage.
What are ON Ventures' investment criteria?
ON Ventures focuses on investing in early-stage companies, particularly in the ITC sector and multi-industry enterprises. They look for businesses with clear competitive advantages and a strong potential for growth, especially family-owned companies seeking to improve their management practices.
How can I apply or pitch to ON Ventures?
Founders interested in pitching to ON Ventures can reach out via email to Alejandro Villalón at avillalon@onventures.mx. It is advisable to include a detailed pitch deck that outlines the business model, market opportunity, and competitive landscape.
What makes ON Ventures different from other VC firms?
ON Ventures distinguishes itself by its focus on contributing to Mexico's economic and social development through investments in small and medium-sized enterprises. The firm emphasizes support for family-owned businesses looking to institutionalize their operations, which is a unique aspect of their investment strategy.
What is the geographic scope of ON Ventures?
The firm primarily invests in companies based in Mexico, targeting innovative startups that have the potential to drive economic growth within the country.
What is the typical check size for investments?
ON Ventures typically invests in the range of pre-seed to Series A stages, with specific check sizes varying based on the company's needs and growth potential. For example, they co-invested $800K in TiZKKA.
What kind of support does ON Ventures provide to portfolio companies?
ON Ventures adds value to its portfolio companies by offering strategic guidance, management improvement support, and access to a network of resources that can help drive growth and institutionalization.
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