About Nazca
Nazca is a venture capital firm founded in 2014. It is primarily based out of Coral Gables, United States. As of Jul 2026, Nazca is an active investor, having invested in 51 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in Mexico 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 $***** Series A round of Duppla Overall, Nazca portfolio has seen 1 unicorn and 3 acquisitions including key companies like Kavak, minu and Urbvan. A lot of funds co-invest with Nazca, with names like Monashees sharing a substantial percentage of its portfolio. Nazca has team of 23 people including 10 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Nazca's List of Top Investments
Nazca has a portfolio of 51 companies, one of which is a Unicorn. Their most notable investments are in Getpulpo.com and Creze.Their portfolio spans across Mexico, United States, Chile and 6 more locations. They have invested in Enterprise Applications, FinTech, Food and Agriculture Tech and 22 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Nazca:1. 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
2. minu
Online on demand pay solutions for employees. It allows employees of affiliated companies to withdraw part of their already earned salary. Employees receive the funds in the salary account. It is available to download from google play and the apple store.
Key facts about minu
- Founded Year: 2019
- Location: Miguel Hidalgo (Mexico)
- Stage: Acquired
- Total Funding till date: $58M
- Employee Count: 155 as on Aug 31, 2026
- Investors: VEF, QED Investors and 29 Others
- Latest Funding Round: Series B, Nov 19, 2024, $*****
- Highlight: Acquired
3. Xepelin
Online platform for business loans. It allows businesses with invoice financing for their accounts receivables, direct financing, working capital loans through an online credit assessment, and more. Offers a flexible repayment option with multiple payment methods. Its AI-based risk model evaluates an operation, which allows the financing of any SMEs.
Key facts about Xepelin
- Founded Year: 2019
- Location: Las Condes (Chile)
- Stage: Series B
- Total Funding till date: $164M
- Employee Count: 573 as on May 31, 2026
- Investors: Goldman Sachs, Summit Partners and 36 Others
- Latest Funding Round: Series B, Jan 03, 2026, $*****
- Highlight: Editors' Pick
4. Yuno
Payment routing APIs for businesses. Offers hyper-customizable routing with no code, access comprehensive dashboards for instant insights into holistic payment health, transaction details, conversion rate, costs, payment sources, trends and revenue streams, compare the true performance of different providers, benefit from real-time analytics, live updates, custom alerts, predictive insights, and more.
Key facts about Yuno
- Founded Year: 2022
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $80M
- Employee Count: 1,476 as on Aug 31, 2026
- Investors: DST Global, Qatar Investment Authority and 25 Others
- Latest Funding Round: Series B, Aug 12, 2026, $*****
- Highlight: Editors' Pick
5. albo
Internet first bank offering retail and business banking. It offers financial services like personal accounts, business accounts, debit cards, payments, credit cards, loans, and more. It also offers solutions for buying and selling cryptocurrency. Its app is available for Android and iOS users.
Key facts about albo
- Founded Year: 2016
- Location: Cuauhtemoc (Mexico)
- Stage: Series C
- Total Funding till date: $111M
- Employee Count: 209 as on May 31, 2026
- Investors: Valar Ventures, Greyhound Capital and 16 Others
- Latest Funding Round: Conventional Debt, Oct 22, 2024, $*****
- Highlight: Editors' Pick
Nazca's Year-on-Year Investment Trends
Nazca has invested in 52 companies over the last 12 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 1 investment, while as of Jul 2026, it has made 3 investments in this year. Its most recent first time investment was in Duppla and most recent follow-on round was in minu.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 0 | 3 |
2025 | 1 | 0 | 1 |
2024 | 3 | 2 | 5 |
2023 | 7 | 2 | 9 |
2022 | 7 | 1 | 8 |
2021 | 2 | 2 | 4 |
2020 | 1 | 2 | 3 |
2019 | 3 | 1 | 4 |
2018 | 1 | 1 | 2 |
2017 | 2 | 0 | 2 |
Nazca's Investments by Stage
Nazca has made 20 investments in Seed stage with an average round size of $7.96M, 12 investments in Series A stage with an average round size of $15.5M, 1 investment in Series B stage with an average round size of $20M and 1 investment in Series C stage with an average round size of $40M.Stage of entry | No. of Investments |
|---|---|
Seed | 20 |
Series A | 12 |
Series B | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Nazca's Investments by Sector
Nazca has a diverse portfolio, with companies operating in the Enterprise Applications, FinTech, Consumer, Financial Services and Retail. Notably, it has invested in 43 Tech companies, 29 Enterprise (B2B) companies, 18 Consumer (B2C) companies and at least 16 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 13 |
FinTech | 12 |
Consumer | 7 |
Financial Services | 7 |
Retail | 5 |
Others | 32 |
Note: We have considered here, only first round of investments
Nazca's Investments by Geography
Nazca has made most investments in Mexico (14), followed by Chile where it has made 5 investments.Country | No. of Investments |
|---|---|
Mexico | 14 |
Chile | 5 |
Colombia | 5 |
United States | 5 |
Canada | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Nazca's recent investments
Nazca has made 3 investments in 2026 so far. Duppla and Abaco are the latest among them.Here are the most recent investments by Nazca:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 31, 2026 | Colombia | Series A | 5430 | [+3] | |
Jul 23, 2026 | El Salvador | Seed | 8821 | ||
Jan 03, 2026 | Chile | Series B | 9883 | - | |
May 12, 2025 | Chile | Seed | 9436 | ||
Dec 12, 2024 | Chile | Seed | 7374 | [+1] |
Unicorns in Nazca's Portfolio
Nazca has 1 unicorn in its portfolio - Kavak. The most recent unicorn in their portfolio is Kavak which became a unicorn in 2020, 3 years after Nazca first invested in it.Here is a list of unicorns in Nazca's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Online retailer of certified pre-owned vehicles with financing and services | 2016 | Lerma de Villada | Series F | czztump |
Acquired companies in Nazca's Portfolio
3 companies from Nazca's portfolio have been acquired. The most recent acquisition was minu in Jun 2026 by Betterfly for $*****.Here are Nazca's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2026 | Sep 04, 2019 | Seed | 7579 | |
Sep 13, 2023 | Aug 29, 2019 | Series A | 3628 | |
Mar 16, 2023 | 2014 | Seed | 6615 |
Team profile of Nazca
Nazca has a team of 23 members including 10 Partners and 5 Principals located in Mexico, Chile and 2 more locations. Nazca's team does not sit on the board of any company as of now.Here is a list of top team members in Nazca:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mexico City | - | - | |
Partner | Chile | - | - | |
Partner | Chile | - | ||
Partner | Germany | - | ||
Partner | Mexico City | - | - | |
Partner | Mexico City | - | ||
Partner | - | - | - | |
Partner | Mexico City | - | ||
Partner | Mexico City | - | ||
Partner | Mexico | - | ||
Principal | Washington | - |
Co-investors of Nazca
Over the past 12 years, 273 investors have co-invested in Nazca's portfolio companies. This includes funds and angels.
- Invested before Nazca: Mountain Nazca, Y Combinator and 65 others have invested in rounds before Nazca. There are 3 companies where Mountain Nazca has invested before Nazca and 3 companies where Y Combinator has invested before Nazca.
- Top Co-investors of Nazca: 100 investors entered a company along with Nazca. These include investors like Monashees (4 companies).
- Invested after Nazca: A total of 106 investors have invested in Nazca's portfolio after their investments. Top Investors include Ribbit Capital (3 companies), Endeavor (3 companies) and DST Global (2 companies).
Recent News related to Nazca
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Patria Investments Reports Second Quarter 2026 Earnings ResultsGlobeNewswire•Jul 31, 2026•Patria Investments, Grupo Pegasus, COMETA, Nazca and 2 others
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Vambe closes $14 million Series A funding round with Monashees, Cathay Pacific, and the founder of RappiDf•Dec 03, 2025•Vambe, Monashees, Cathay Pacific, Nazca and 6 others
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Pinsent Masons advises Nazca on Ravenloop acquisitionIberianlawyer•Nov 19, 2025•Nazca, Pinsent Masons
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Nazca Agricultura Enters Hydroponic Crops with Purchase of SanSanExpansion•Oct 29, 2025•Nazca, Sansan, Sansan
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Nazca Tecnología Acquires Clustag, a Technology Company Specializing in LogisticsExpansion•Oct 13, 2025•Clustag, Nazca, PSI Software
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Deloitte advises Nazca Capital on the acquisition of Laberit SistemasIberianlawyer•Oct 06, 2025•Nazca, LBERIT
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Nazca Tecnología takes 35.7% of Lãberit, which will grow with acquisitionsExpansion•Sep 25, 2025•Nazca, LBERIT
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Zunibal and Nazca Capital Acquire Echoview SoftwareGlobal Legal Chronicle•Sep 22, 2025•Nazca, Zunibal, Echoview
