About iThink VC
iThink VC is a venture capital firm founded in 2021. It is primarily based out of Asuncion, Paraguay. As of Oct 2025, iThink VC is an active investor, having invested in 10 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in Argentina based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Food and Agriculture Tech. Most recently it participated in the $***** Seed round of [Reforest Latam] A lot of funds co-invest with iThink VC, with names like BuenTrip Ventures sharing a substantial percentage of its portfolio. iThink VC has team of 7 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed & Series A
Deals in last 12 months
iThink VC's List of Top Investments
iThink VC has a portfolio of 10 companies. Their most notable investments are in Price Lab and [Reforest Latam].Their portfolio spans across Argentina, Uruguay, Peru and 2 more locations. They have invested in Enterprise Applications, FinTech, Food and Agriculture Tech and 7 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by iThink VC:1. Moova
Online last-mile delivery services for e-commerce enterprises. The company offers an API that can be integrated with the online store/marketplace to offer multiple delivery options to end consumers. Enterprises can then book and manage on-demand/schedule last-mile deliveries. It also offers functionalities such as real-time tracking and electronic POD.
Key facts about Moova
- Founded Year: 2018
- Location: Buenos Aires (Argentina)
- Stage: Series A
- Total Funding till date: $15M
- Employee Count: 119 as on Jul 01, 2024
- Investors: FJ Labs, Toyota Tsusho and 13 Others
- Latest Funding Round: Series A, Jun 27, 2023, $*****
- Highlight: Editors' Pick
2. Bankingly
Provider of cloud-based omnichannel banking solutions. It provides white-labelled digital banking solutions to banks, credit unions, and microfinance institutions. It features Android and iOS testing, and support for multiple browsers, currencies, and languages. Security features include end-to-end communication encryption and multiple authentications.
Key facts about Bankingly
- Founded Year: 2015
- Location: Montevideo (Uruguay)
- Stage: Series A
- Total Funding till date: $18.7M
- Employee Count: 38 as on Jul 01, 2024
- Investors: IDC Ventures, The Rise Fund and 14 Others
- Latest Funding Round: Series A, Jun 29, 2023, $*****
- Highlight: Editors' Pick
3. Xeptiva
Developer of therapeutics for animal health. The company has developed a pipeline of first-in-class immunotherapies to treat chronic pain and other inflammatory conditions. It has developed a pipeline for chronic refractory pain, Atopic dermatitis, Feline interstitial, Cystitis feline asthma, and more.
Key facts about Xeptiva
4. Kilimo
Provider of water management solutions for agriculture. It develops and implements sustainable irrigation technologies to improve water efficiency and crop yields. The company works with businesses, farmers, and NGOs to address water scarcity and enhance community resilience. Solutions include data-driven irrigation optimization and educational programs for farmers. The aim is to create a positive water future for communities and ecosystems.
Key facts about Kilimo
- Founded Year: 2014
- Location: Cordoba (Argentina)
- Stage: Series A
- Total Funding till date: $7.9M
- Investors: Emerald Technology Ventures, NXTP Ventures and 17 Others
- Latest Funding Round: Series A, Jun 21, 2024, $*****
- Highlight: Editors' Pick
5. Bucks App
Provider of AI and saas-based data analysis software for banking industry. It provides users with a platform cleans and categorizes customers transactional data in real time. It generates data reports to understand the customers behaviour. The platform offers a tool that integrates with the banking app to provide visibility into the customers personal finances.
Key facts about Bucks App
- Founded Year: 2018
- Location: Miami (United States)
- Stage: Seed
- Total Funding till date: $3M
- Employee Count: 6 as on Mar 31, 2026
- Investors: Goldtruck, iThink VC and 2 Others
- Latest Funding Round: Seed, Jul 09, 2024, $*****
iThink VC's Year-on-Year Investment Trends
iThink VC has invested in 10 companies over the last 4 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 2 investments. Its most recent first time investment was in [Reforest Latam].Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 0 | 2 |
2024 | 5 | 0 | 5 |
2023 | 0 | 0 | 0 |
2022 | 3 | 0 | 3 |
iThink VC's Investments by Stage
iThink VC has made 7 investments in Seed stage with an average round size of $1.23M and 3 investments in Series A stage with an average round size of $9.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 3 |
Note: We have considered here, only first round of investments
iThink VC's Investments by Sector
iThink VC has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, FinTech, Retail and Food and Agriculture Tech. Notably, it has invested in 10 Tech companies, 8 Enterprise (B2B) companies, 7 Software companies and at least 5 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 7 |
Vertical SaaS | 5 |
FinTech | 3 |
Retail | 3 |
Food and Agriculture Tech | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
iThink VC's Investments by Geography
iThink VC has made most investments in Argentina (3), followed by Uruguay where it has made 3 investments.Country | No. of Investments |
|---|---|
Argentina | 3 |
Uruguay | 3 |
Peru | 2 |
Bolivia | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
iThink VC's recent investments
iThink VC has not made any investment in 2026 so far.Here are the most recent investments by iThink VC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 31, 2025 | Argentina | Seed | 5718 | [+3] | |
Feb 27, 2025 | Peru | Seed | 1940 | [+1] | |
Oct 02, 2024 | Uruguay | Seed | 9586 | [+4] | |
Sep 27, 2024 | Uruguay | Seed | 4109 | [+1] | |
Jul 09, 2024 | United States | Seed | 1771 | [+1] |
Team profile of iThink VC
iThink VC has a team of 7 members including 2 Partners and 1 Principal located in Brazil, Ecuador and 1 more location. iThink VC's team does not sit on the board of any company as of now.Here is a list of all team members in iThink VC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Paraguay | - | - | |
Partner | Quito | - | - | |
Principal | Brazil | - | - |
Co-investors of iThink VC
Over the past 4 years, 56 investors have co-invested in iThink VC's portfolio companies. This includes funds and angels.
- Invested before iThink VC: Movile, MatterScale and 11 others have invested in rounds before iThink VC. There is 1 company where Movile has invested before iThink VC and 1 company where MatterScale has invested before iThink VC.
- Top Co-investors of iThink VC: 40 investors entered a company along with iThink VC. These include investors like BuenTrip Ventures (2 companies).
- Invested after iThink VC: A total of 3 investors have invested in iThink VC's portfolio after their investments. Top Investors include Toyota Tsusho (1 company), Banco Galicia (1 company) and Puerto Asis Investments (1 company).
Recent News related to iThink VC
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ReForest Latam raises $1M pre-seed roundLatamList•Oct 31, 2025•iThink VC, [Reforest Latam], Innventure, Antom and 2 others
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Yavendió raises $850K pre-seed roundLatamList•Feb 28, 2025•Magma Partners, iThink VC, Semilla Ventures, Yavendió
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Biotech Xeptiva raises $2.5M to develop veterinary vaccinesLatamList•Oct 02, 2024•Xeptiva, Zentynel, iThink VC, Fen Ventures and 1 other
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Uruguayan startup flipping ai captures investment of US $ 600,000 and expands operationsAmérica Retail•Sep 27, 2024•flipando, Worthit, Nido Ventures, iThink VC
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Seedstars Capital and iThink VC Partner for Latin American Tech StartupsContxto•Aug 20, 2024•Seedstars, iThink VC
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Startup Kilimo raised US$7.5 million in Series A to boost water efficiency in agricultureamericaeconomia.com•Jun 22, 2024•Kilimo, The Yield Lab, Salkantay Ventures, Kamay Ventures and 2 others
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PRICE LAB receives $ 360,000 in a pre-semilla investment round to expand by LatamEl Referente•Jan 30, 2024•iThink VC, Price Lab, Venture Do, PriceLabs
