About Incutex
Incutex, an accelerator and incubator program founded in 2012, is based in Cordoba, Argentina. With a presence in 2 countries, it has supported around 18 startups in sectors like Enterprise Applications, Consumer. As of May 2026, Incutex has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Rapiboy, TinyBytes and Filadd. The program is backed by a team of 20 people who primarily support Seed startups based in Argentina. Its latest investment was a Undisclosed Seed round in Tiendoo on Jul 06, 2021.
Incutex's List of Top Investments
Incutex has a portfolio of 18 companies. Their most notable investments are in Wilab and Rapiboy.Their portfolio spans across Argentina and Chile. They have invested in Enterprise Applications, Consumer, FinTech and 17 other sectors, across stages such as Seed stage. Here is the list of top investments by Incutex:1. Rapiboy
Rapiboy provides an online platform for requesting on-demand delivery businesses. It provides an online platform through which customers can request delivery services. Customers can also select multiple destinations for pickup and drop and can also track the delivery in real-time.
Key facts about Rapiboy
2. TinyBytes
Developer of casual mobile games. The studio focuses on action and strategy games, which include Massive Warfare, and Gunship War. The games are available for iOS and Android platforms.
Key facts about TinyBytes
- Founded Year: 2014
- Location: Santiago (Chile)
- Stage: Seed
- Employee Count: 40 as on Mar 31, 2026
- Investors: Initial Capital, Lvp and 3 Others
- Latest Funding Round: Seed, Sep 15, 2015, $*****
3. Filadd
Online platform providing college discovery solutions. The platform enables preparing for exams and searching for colleges. The platform offers documents and connects with university students.
Key facts about Filadd
- Founded Year: 2016
- Location: Cordoba (Argentina)
- Stage: Seed
- Total Funding till date: $125K
- Employee Count: 76 as on Jul 01, 2024
- Investors: Zentani Capital, First Serve Partners and 3 Others
- Latest Funding Round: Seed, 2021, $*****
4. Wibond
Online platform for point of sale financing. It enables individuals to purchase products and pay in monthly installments within the partnered network. Users must add the required products to the cart and select the platform as the payment method. Once approved, the funds are transferred to the seller and the product is delivered to the user. It also features a merchant portal enabling businesses to sell products with buy now pay later options.
Key facts about Wibond
- Founded Year: 2018
- Location: Cordoba (Argentina)
- Stage: Seed
- Total Funding till date: $8.5M
- Employee Count: 23 as on Mar 31, 2026
- Investors: CE Innovation Capital, Dragon Capital and 33 Others
- Latest Funding Round: Seed, Jun 22, 2022, $*****
5. Wilab
Wilab provides IoT enabled solutions in industries. The company provides an IoT platform for real-time data analytics smart KPI´s alarm management, predictive maintenance, asset management, and protocol compatibility. It provides Wilab Site Manager which is an integrated solution that enables secure management of the production process from a single platform.
Key facts about Wilab
- Founded Year: 2018
- Location: Cordoba (Argentina)
- Stage: Seed
- Employee Count: 13 as on Mar 31, 2026
- Investors: 5G Open Innovation Lab, Alchemist Accelerator and 1 Other
- Latest Funding Round: Seed, Jan 25, 2022, $*****
Incutex's Year-on-Year Investment Trends
Incutex has invested in 18 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Tiendoo.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 2 | 0 | 2 |
Incutex's Investments by Stage
Incutex has made 6 investments in Seed stage with an average round size of $615K.Incutex's Investments by Sector
Incutex has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Transportation and Logistics Tech, Auto Tech and Business Services. Notably, it has invested in 15 Tech companies, 10 Enterprise (B2B) companies, 10 Software companies and at least 6 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Consumer | 2 |
Transportation and Logistics Tech | 2 |
Auto Tech | 1 |
Business Services | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Incutex's Investments by Geography
Incutex has made most investments in Argentina (6).Incutex's recent investments
Incutex has not made any investment in 2026 so far.Here are the most recent investments by Incutex:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 06, 2021 | Argentina | Seed | 8832 | - | |
Jun 10, 2020 | Argentina | Seed | 5724 | - | |
Apr 05, 2018 | Argentina | Seed | 3840 | [+3] | |
Apr 03, 2018 | Argentina | Seed | 7241 | - | |
Mar 19, 2015 | Argentina | Seed | 7769 | - |
Acquired companies in Incutex's Portfolio
1 company from Incutex's portfolio has been acquired. The most recent acquisition were Clickypass in Mar 2020 by ClassPass.Here are Incutex's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 02, 2020 | - | - | 5472 |
Team profile of Incutex
Incutex has a team of 20 members including 3 Partners, 1 Venture Partner and 3 Principals located in Argentina and United States. Incutex's team does not sit on the board of any company as of now.Here is a list of top team members in Incutex:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Diego | - | - | |
Partner | Argentina | - | ||
Partner | Argentina | - | - | |
Venture Partner | Argentina | - | - | |
Principal | Argentina | - | - | |
Principal | Argentina | - | - | |
Principal | United States | - | - |
Co-investors of Incutex
Over the past 13 years, 6 investors have co-invested in Incutex's portfolio companies. This includes funds and angels.
- Top Co-investors of Incutex: 4 investors entered a company along with Incutex. These include investors like Alaya Capital Partners (1 company).
- Invested after Incutex: Alchemist Accelerator (1 company) and Ark Invest ETFs (1 company) are the investors which have invested in Incutex's portfolio after their investments.
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