About Dalus Capital
Dalus Capital is a venture capital firm founded in 2015. It is primarily based out of Monterrey, Mexico. As of Apr 2026, Dalus Capital is an active investor, having invested in 52 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in Mexico based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Retail. Most recently it participated in the $***** Series A round of Pulpos Overall, Dalus Capital portfolio has seen 3 unicorns and 7 acquisitions including key companies like Clip, Mural and Avathon. A lot of funds co-invest with Dalus Capital, with names like IDB Lab sharing a substantial percentage of its portfolio. Dalus Capital has team of 9 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Seed & 2 more
Portfolio Soonicorns
Deals in last 12 months
Dalus Capital's List of Top Investments
Dalus Capital has a portfolio of 52 companies, including 3 unicorns. Their most notable investments are in Qualified and Sirena.Their portfolio spans across United States, Mexico, Argentina and 5 more locations. They have invested in Enterprise Applications, Consumer, Retail and 24 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Dalus Capital:1. Clip
Provider of point-of-sale terminals and digital payment solutions for businesses. The company offers various terminals and tools for managing transactions. These include inventory management, digital catalogs, payment links, and online payment processing. Additionally, the company provides options for business loans and customer support.
Key facts about Clip
- Founded Year: 2012
- Location: Mexico City (Mexico)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $997M
- Employee Count: 1,414 as on Jul 31, 2026
- Investors: Goldman Sachs, SoftBank Group and 28 Others
- Latest Funding Round: Series E, Jun 12, 2026, $*****
- Highlight: Editors' Pick
2. Mural
Cloud-based whiteboarding platform provider. It offers an interface where users can provide all their ideas, provides features for comments, live conversation, voting for streamlining the decision-making process. Provides user access on a yearly subscription plan for enterprises.
Key facts about Mural
- Founded Year: 2011
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $199M
- Employee Count: 558 as on Jul 31, 2026
- Investors: Salesforce Ventures, World Innovation Lab and 19 Others
- Latest Funding Round: Series C, Jul 20, 2021, $*****
- Highlight: Editors' Pick
3. Avathon
Provider of AI-enabled data analytics solutions for businesses. The company offers AI data platform for businesses, digital twin, AI modelling and application development solutions. It caters to energy, warehouse, government, defense, manufacturing, transport and retail.
Key facts about Avathon
- Founded Year: 2013
- Location: Pleasanton (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $300M
- Employee Count: 158 as on Aug 31, 2025
- Investors: B. Riley Financial, Gen 1 Capital and 35 Others
- Latest Funding Round: Series D, Jan 25, 2022, $*****
- Highlight: Editors' Pick
4. Calii
Online marketplace for grocery products. It provides an online platform connecting consumers with producers to buy grains, fruits, vegetables, dry fruits, nuts, meat, dairy, bulk, snacks, household items, and other staples. The company offers mobile applications for Android and iOS platforms.
Key facts about Calii
- Founded Year: 2018
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $35M
- Employee Count: 116 as on Jul 31, 2026
- Investors: Forerunner Ventures, Broadhaven Ventures and 11 Others
- Latest Funding Round: Series A, Jan 21, 2022, $*****
- Highlight: Editors' Pick
5. Ayenda
Online platform for booking hotels. The platform enables users to book their hotels by providing location, date, etc. It offers various services like Wi-Fi access, basic cleaning kit, water bottle, free cancellation chargers, etc. It franchises local hotels which claim to provide services. The mobile application is available for Android and iOS platforms.
Key facts about Ayenda
- Founded Year: 2015
- Location: Medellin (Colombia)
- Stage: Series B
- Total Funding till date: $20M
- Employee Count: 82 as on Jul 31, 2026
- Investors: Kairos, Meyer Keith Ventures and 12 Others
- Latest Funding Round: Series B, Oct 04, 2021, $*****
- Highlight: Editors' Pick
Dalus Capital's Year-on-Year Investment Trends
Dalus Capital has invested in 52 companies over the last 9 years, with an average of 4 new investments annually in the last 5 years. In 2025, it made 3 investments, while as of Apr 2026, it has made 4 investments in this year. Its most recent first time investment was in Pulpos and most recent follow-on round was in Bankingly.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 3 | 0 | 3 |
2024 | 3 | 0 | 3 |
2023 | 3 | 1 | 4 |
2022 | 3 | 1 | 4 |
2021 | 3 | 0 | 3 |
2020 | 0 | 0 | 0 |
2019 | 3 | 0 | 3 |
2018 | 3 | 0 | 3 |
2017 | 2 | 0 | 2 |
Dalus Capital's Investments by Stage
Dalus Capital has made 12 investments in Series A stage with an average round size of $9.04M, 8 investments in Seed stage with an average round size of $3.61M, 5 investments in Series B stage with an average round size of $32.6M and 2 investments in Series C stage with an average round size of $70M.Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Seed | 8 |
Series B | 5 |
Series C | 2 |
Note: We have considered here, only first round of investments
Dalus Capital's Investments by Sector
Dalus Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, FinTech and Retail. Notably, it has invested in 46 Tech companies, 31 Enterprise (B2B) companies, 29 Software companies and at least 23 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
Consumer | 7 |
Vertical SaaS | 4 |
FinTech | 3 |
Retail | 3 |
Others | 26 |
Note: We have considered here, only first round of investments
Dalus Capital's Investments by Geography
Dalus Capital has made most investments in Mexico (7), followed by United States where it has made 6 investments.Country | No. of Investments |
|---|---|
Mexico | 7 |
United States | 6 |
Chile | 4 |
Argentina | 3 |
Brazil | 3 |
Others | 4 |
Note: We have considered here, only first round of investments
Dalus Capital's recent investments
Dalus Capital has made 4 investments in 2026 so far. Pulpos and Satellites On Fire are the latest among them.Here are the most recent investments by Dalus Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 27, 2026 | Mexico | Series A | 9864 | [+2] | |
Apr 06, 2026 | Argentina | Seed | 7466 | [+11] | |
Mar 13, 2026 | Uruguay | Seed | 1511 | [+4] | |
Jan 15, 2026 | Chile | Seed | 1253 | [+1] | |
Oct 30, 2025 | Brazil | Series B | 4581 | [+2] |
Unicorns in Dalus Capital's Portfolio
Dalus Capital has 3 unicorns in its portfolio - Avathon, Mural and Clip. The most recent unicorn in their portfolio is Avathon. It became a unicorn in 2022, 2 years after Dalus Capital first invested in it.Here is a list of unicorns in Dalus Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Provider of AI-enabled data analytics solutions for businesses | 2013 | Pleasanton | Series D | gafaa{a | ||
63 | Cloud-based whiteboarding platform provider | 2011 | San Francisco | Series C | fflpywx | ||
70 | Provider of point-of-sale terminals and digital payment solutions for businesses | 2012 | Mexico City | Series E | iovhf{v |
Acquired companies in Dalus Capital's Portfolio
7 companies from Dalus Capital's portfolio have been acquired. The most recent acquisition was Qualified in Mar 2023 by Andela for $*****.Here are Dalus Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 09, 2023 | 2017 | Seed | 8705 | |
Feb 22, 2022 | - | - | 4483 | |
Jul 28, 2020 | Jun 27, 2018 | Series A | 1957 | |
Jun 01, 2018 | - | - | 5648 | |
Sep 10, 2014 | - | - | 4900 |
Team profile of Dalus Capital
Dalus Capital has a team of 9 members including 3 Partners and 1 Venture Partner located in Mexico and United States. Dalus Capital's team does not sit on the board of any company as of now.Here is a list of all team members in Dalus Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mexico City | - | ||
Partner | Mexico City | - | ||
Partner | Monterrey | - | - | |
Venture Partner | Salt Lake City | - |
Co-investors of Dalus Capital
Over the past 9 years, 216 investors have co-invested in Dalus Capital's portfolio companies. This includes funds and angels.
- Invested before Dalus Capital: 500 Global, Kayyak Ventures and 81 others have invested in rounds before Dalus Capital. There are 2 companies where 500 Global has invested before Dalus Capital and 2 companies where Kayyak Ventures has invested before Dalus Capital.
- Top Co-investors of Dalus Capital: 118 investors entered a company along with Dalus Capital. These include investors like IDB Lab (3 companies).
- Invested after Dalus Capital: A total of 15 investors have invested in Dalus Capital's portfolio after their investments. Top Investors include Doha Venture Capital (1 company), B. Riley Financial (1 company) and Alan Howard (1 company).
Recent News related to Dalus Capital
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Dalus Capital invests in Argentine AI startup for forest fire monitoringIt-Boltwise•May 05, 2026•Satellites On Fire, Dalus Capital, Draper, Vitamin°C and 1 other
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Argentine startup Alkemio is revolutionizing rare earth processingIt-Boltwise•May 03, 2026•Alkemio, Dalus Capital, VU Venture Partners, Amplifica Capital and 1 other
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Argentinian startup Alkemio closes pre-seed round to localize rare earth refiningImpactAlpha•May 03, 2026•Alkemio, Dalus Capital, VU Venture Partners, Amplifica Capital and 1 other
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ISA Saúde raises $30M Series B round led by IFCLatamList•Oct 30, 2025•IFC, IDB Lab, Endeavor, Dalus Capital and 1 other
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Eden secures $10M to invest in AI for clinical diagnosticsLatamList•Jul 16, 2024•Eden, Sierra Ventures, Dalus Capital, Ali Capital and 9 others
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Clip bags USD 100 mln in fundingThe Paypers•Jun 19, 2024•, Morgan Stanley, General Atlantic, Ribbit Capital and 10 others
