Where is Pygma's headquarters located?

Pygma's headquarters is located in Bogota (Colombia).

Pygma - 2026 Investor Profile, Portfolio, Team & Investment Trends

Pygma, an accelerator and incubator program founded in 2020, is based in Bogota, Colombia. With a presence in 2 countries, it has supported around 2 startups in sectors like Consumer, Retail. Most notable companies in its portfolio are Refurbi and PayMon. The program is backed by a team of 6 people who primarily support Seed startups based in Colombia. Its latest investment was a $600K Seed round in PayMon on Jan 20, 2025, which also saw participation from Magma Partners and BuenTrip Ventures.

Key Metrics

Founded Year

2020

Location

Bogota, Colombia

Portfolio Companies

Refurbi & PayMon

Sectors of Investment

Consumer, Retail & 1 more

Stages of Investment

Seed

Locations of Investment

Colombia & Ecuador

View Pygma's full profile

Pygma has a portfolio of 2 companies. Their most notable investments are in Refurbi and PayMon.Their portfolio spans across Colombia and Ecuador. They have invested in Consumer, Retail, FinTech, across Seed stage. Here is the list of all investments by Pygma:

1. Refurbi

Online platform offering refurbished electronic products. It offers refurbished electronic products such as mobile phones, tablets, laptops, speakers, and more.

Key facts about Refurbi

Founded Year: 2018
Location: Bogota (Colombia)
Stage: Seed
Total Funding till date: $8.4M
Employee Count: 40 as on Jul 31, 2026
Investors: Inter-American Development Bank, Orbit Ventures and 9 Others
Latest Funding Round: Seed, Jan 26, 2026, $*****
Highlight: Editors' Pick

2. PayMon

Key facts about PayMon

Founded Year: 2021
Location: Cuenca (Ecuador)
Stage: Seed
Total Funding till date: $600K
Employee Count: 16 as on Jul 31, 2026
Investors: Magma Partners, The Explorer Fund and 5 Others
Latest Funding Round: Seed, Jan 20, 2025, $*****

Pygma has invested in 3 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in PayMon.

View all investments by Pygma

Pygma has made 2 investments in Seed stage with an average round size of $2.5M.

View all investments by Pygma

Pygma has a diverse portfolio, with companies operating in the Consumer, FinTech and Retail. Notably, it has invested in 2 Consumer (B2C) companies, 2 Tech companies, 1 Enterprise (B2B) company and 1 company focusing on Marketplace.

Here are Pygma's investments by sector:

Sector	No. of Investments
Consumer	1
FinTech	1
Retail	1

Note: We have considered here, only first round of investments

View all investments by Pygma

Pygma has made most investments in Colombia (1), followed by Ecuador where it has made 1 investment.

View all investments by Pygma

Pygma has not made any investment in 2026 so far.

Here are the most recent investments by Pygma:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Jan 20, 2025	PayMon	Ecuador	Seed	2316	Magma Partners [+3]
Oct 10, 2022	Refurbi	Colombia	Seed	7568	Bridge Latam [+3]

See more recent investments made by Pygma

Pygma has a team of 6 members including 1 Partner and 2 Venture Partners located in United States. Pygma's team does not sit on the board of any company as of now.

Here is a list of all team members in Pygma:

Name	Designation	Location	Board Memberships	Contact Details
Andres Cano	Partner	New York City	-	-
Diego Szteinhendler	Venture Partner	New York City	-	-
Neil Shah	Venture Partner	San Francisco	-	-

View team details of Pygma

Over the past 4 years, 13 investors have co-invested in Pygma's portfolio companies. This includes funds and angels.

Top Co-investors of Pygma: 8 investors entered a company along with Pygma. These include investors like Bridge Latam (1 company).
Invested after Pygma: A total of 5 investors have invested in Pygma's portfolio after their investments. Top Investors include Epic Angels (1 company) and Latin Leap (1 company).