About Kaszek
Kaszek is a venture capital firm founded in 2011. It is primarily based out of Buenos Aires, Argentina. As of Sep 2026, Kaszek is an active investor, having invested in 136 companies, with 8 new investments in the last 12 months. It primarily invests in Series A round in Brazil based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Series D round of A5X Overall, Kaszek portfolio has seen 14 unicorns, 2 IPOs and 24 acquisitions including key companies like Nubank, Bitso and QuintoAndar. A lot of funds co-invest with Kaszek, with names like Monashees sharing a substantial percentage of its portfolio. Kaszek has team of 11 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Series A, Seed & 4 more
Portfolio Soonicorns
Deals in last 12 months
Kaszek's List of Top Investments
Kaszek has a portfolio of 136 companies, including 14 unicorns. Their most notable investments are in Tienda Pago and Creditas.Their portfolio spans across Brazil, Mexico, Argentina and 8 more locations. They have invested in Enterprise Applications, FinTech, Consumer, FinTech and 29 other sectors, across stages such as Series A, Seed and 4 more. Here is the list of top investments by Kaszek:
1. Nubank
Provider of digital banking services, including credit cards and accounts. It offers various financial solutions through its application. These solutions include tools for managing money and protecting finances. The company focuses on providing accessible and straightforward banking experiences.
Key facts about Nubank
- Founded Year: 2013
- Location: Sao Paulo (Brazil)
- Annual Revenue: €1B+ as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $2.27B
- Employee Count: 12,692 as on Jul 31, 2026
- Investors: Berkshire Hathaway, Harvest Growth Capital and 39 Others
- Latest Funding Round: Series G, Jun 08, 2021, $*****
- Highlight: Public
2. Bitso
Online trading and exchange platform for cryptocurrency. The platform enables users to buy and sell digital currencies through app-based and web platforms. It supports a wide range of digital currencies including Ripple, Bitcoin, Ether, XRP, Litecoin among others. It also provides market analysis charts and insights as a reference to the trader. The app is available on iOS and Android devices.
Key facts about Bitso
- Founded Year: 2014
- Location: Mexico City (Mexico)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $331M
- Employee Count: 933 as on Aug 31, 2026
- Investors: Bond Capital, RAA Capital and 38 Others
- Latest Funding Round: Series C, May 05, 2021, $*****
- Highlight: Editors' Pick
3. QuintoAndar
Online brokerage firm for rental properties. The platform enables property seekers to specify a location and obtain a list of registered properties. Once a property is shortlisted users can schedule visits and book it via the platform. For the property owners, the company provides assistance in renting the property from taking professional photographs to closing the deal.
Key facts about QuintoAndar
- Founded Year: 2012
- Location: Sao Paulo (Brazil)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $755M
- Employee Count: 4,929 as on May 31, 2026
- Investors: Qualcomm Ventures, Dragoneer Investment Group and 24 Others
- Latest Funding Round: Series E, Dec 02, 2022, $*****
4. Kavak
Online retailer of certified pre-owned vehicles with financing and services. The business provides a platform for buying, selling, and managing pre-owned cars. It offers certified vehicles and aims to formalize the used car market. The company provides after-sales services and financing options to customers.
Key facts about Kavak
- Founded Year: 2016
- Location: Lerma de Villada (Mexico)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.85B
- Employee Count: 2,500 as on Apr 30, 2021
- Investors: Allen & Company, Goldman Sachs and 32 Others
- Latest Funding Round: Series F, Feb 17, 2026, $*****
- Highlight: Editors' Pick
5. Creditas
Online platform for asset-backed consumer loans. It offers various loans including such as vehicle-backed loans, property-backed loans, personal loans, payroll loans, salary advances, and more. The asset-backed loans are provided on the basis of collateral evaluation. The platform is integrated into the company's existing payroll software in order to provide payroll loans to employees. It also enables users to exchange debts for a secured loan. It provides an app-based platform that is available on iOS and Android devices.
Key facts about Creditas
- Founded Year: 2012
- Location: Itaim Bibi (Brazil)
- Valuation: $*****
- Stage: Series G
- Total Funding till date: $981M
- Employee Count: 2,127 as on Mar 31, 2026
- Investors: Fidelity Investments, Redpoint Ventures and 33 Others
- Latest Funding Round: Series G, Dec 01, 2025, $*****
- Highlight: Editors' Pick
Kaszek's Year-on-Year Investment Trends
Kaszek has invested in 136 companies over the last 15 years, with an average of 9 new investments annually in the last 10 years. In 2025, it made 11 investments, while as of Sep 2026, it has made 13 investments in this year. Its most recent first time investment was in A5X and most recent follow-on round was in Yuno.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 6 | 13 |
2025 | 3 | 8 | 11 |
2024 | 8 | 5 | 13 |
2023 | 8 | 3 | 11 |
2022 | 10 | 9 | 19 |
2021 | 19 | 25 | 44 |
2020 | 16 | 7 | 23 |
2019 | 11 | 6 | 17 |
2018 | 6 | 4 | 10 |
2017 | 1 | 6 | 7 |
Kaszek's Investments by Stage
Kaszek is primarily an Early Stage Investor investor majorly investing in Series A (62) rounds where average round size is $892M, Seed (41) rounds where average round size is $167M and Series B (16) rounds where average round size is $676M.Stage of entry | No. of Investments |
|---|---|
Series A | 62 |
Seed | 41 |
Series B | 16 |
Series C | 2 |
PE | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Kaszek's Investments by Sector
Kaszek has a diverse portfolio, with companies operating in the FinTech, Consumer, Enterprise Applications, Retail and Financial Services. Notably, it has invested in 119 Tech companies, 69 Consumer (B2C) companies, 65 Enterprise (B2B) companies and at least 56 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 49 |
Consumer | 42 |
Enterprise Applications | 33 |
Retail | 21 |
Financial Services | 12 |
Others | 107 |
Note: We have considered here, only first round of investments
Kaszek's Investments by Geography
Kaszek has made most investments in Brazil (67), followed by Mexico where it has made 15 investments.Country | No. of Investments |
|---|---|
Brazil | 67 |
Mexico | 15 |
Argentina | 10 |
Colombia | 10 |
United States | 9 |
Others | 12 |
Note: We have considered here, only first round of investments
Kaszek's recent investments
Kaszek has made 13 investments in 2026 so far. A5X and Primero AI are the latest among them.Here are the most recent investments by Kaszek:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 15, 2026 | Brazil | Series D | 7411 | [+7] | |
Aug 26, 2026 | Mexico | Seed | 2235 | [+3] | |
Aug 20, 2026 | United States | Series A | 2417 | ||
Aug 12, 2026 | United States | Series B | 1556 | [+9] | |
Aug 12, 2026 | Sweden | Series C | 4179 | [+12] |
Unicorns in Kaszek's Portfolio
Kaszek has 14 unicorns in its portfolio - Lovable, Clara, JOKR and others. The most recent unicorn in their portfolio is Lovable. It became a unicorn in 2025, 1 years before Kaszek first invested in it.Here is a list of unicorns in Kaszek's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | Developer of an AI platform for building applications and websites | 2023 | Stockholm | Series C | {esqftv | ||
71 | Provider of corporate spend management software and business credit cards | 2020 | Sao Paulo | Series B | zpzbkqr | ||
56 | Online platform offering multi-category grocery products | 2021 | Luxembourg | Series D | cjrigav | ||
67 | Financial solutions platform provider | 2014 | Miguel Hidalgo | Series E | opryxue | ||
69 | Nuvemshop (also known as Tiendanube in Spanish-speaking countries) is a SaaS-based e-commerce platform provider for businesses of all sizes across Latin America | 2011 | Sao Paulo | Series E | pusbjcb |
IPOs and Publicly Listed companies in Kaszek's Portfolio
2 of Kaszek's portfolio companies have become public. Nubank got listed on the New York Stock Exchange (NYSE), in Dec 2021 at marketcap of $41.5B and GetNinjas got listed on the Brazil Stock Exchange (B3) at marketcap of undefined.Here are Kaszek's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2021 | Jul 17, 2013 | Seed | 2756 | |
May 17, 2021 | Oct 2011 | Seed | 3108 |
Acquired companies in Kaszek's Portfolio
24 companies from Kaszek's portfolio have been acquired. The most recent acquisition was Gringo in Feb 2025 by Corpay for $*****.Here are Kaszek's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 03, 2025 | 2020 | Seed | 4831 | |
Jun 17, 2024 | Jan 29, 2022 | Series A | 5878 | |
Mar 04, 2024 | Oct 14, 2020 | Series A | 7461 | |
Sep 13, 2023 | Aug 29, 2019 | Series A | 3805 | |
Apr 20, 2023 | Oct 14, 2012 | Series A | 7487 |
Team profile of Kaszek
Kaszek has a team of 11 members including 4 Partners located in Uruguay, France and 1 more location. Kaszek's team does not sit on the board of any company as of now.Here is a list of top team members in Kaszek:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Uruguay | - | ||
Partner | Montevideo | - | ||
Partner | Sao Paulo | - | ||
Partner | Paris | - | - |
Co-investors of Kaszek
Over the past 15 years, 692 investors have co-invested in Kaszek's portfolio companies. This includes funds and angels.
- Invested before Kaszek: Y Combinator, Canary and 188 others have invested in rounds before Kaszek. There are 8 companies where Y Combinator has invested before Kaszek and 6 companies where Canary has invested before Kaszek.
- Top Co-investors of Kaszek: 207 investors entered a company along with Kaszek. These include investors like Monashees (9 companies).
- Invested after Kaszek: A total of 295 investors have invested in Kaszek's portfolio after their investments. Top Investors include Endeavor (18 companies), QED Investors (9 companies) and Tiger Global Management (9 companies).
Recent News related to Kaszek
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Latin America Startup Funding Led by Erco Closes $129M Series C for Renewable Energy ExpansionTechloy•Aug 21, 2026•Erco, Endeavor, Augment Infrastructure, Norfund and 3 others
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Cityblock Acquires Homeward, Secures $116M to Unify Urban-Rural CareHIT Consultant•Aug 21, 2026•Homeward, Cityblock, Homeward, General Catalyst and 1 other
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Kaszek Invests in TravelX, Boosting AI Aviation Revenue ManagementWebDisclosure•Aug 20, 2026•Kaszek, TravelX, Thayer Ventures, General Catalyst
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Yuno Raises $45 Million Series B to Scale AI-Native Operating System of Global PaymentsGlobal Fintech Series•Aug 12, 2026•Global Paytech Ventures, Yuno, Rasmal, Kaszek and 4 others
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Humand Raises $66M Series A for AI Operating System for Deskless WorkersThe SaaS News•Jun 04, 2026•Humand, Goodwater Capital, Kaszek
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Segura Secures R$45 Million to Modernize Insurance with AIRevista Aplice•Apr 27, 2026•Andreessen Horowitz, Kaszek, Segura, Segura and 2 others
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Cicada Raises US$13.5 Million Series A to Modernize Local-Currency Latin American Bond TradingBusiness Wire•Feb 25, 2026•Cicada, Citi, L4 Venture Builder, Crestone Venture Capital and 3 others
