About Veronorte
Veronorte is a venture capital firm founded in 2012. It is primarily based out of Medellin, Colombia. As of Mar 2024, Veronorte has invested in 24 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Auto Tech to Enterprise Applications and FinTech. Most recently it participated in the $***** Series C round of Jumbotail Overall, Veronorte portfolio has seen 2 unicorns, 2 IPOs and 8 acquisitions including key companies like Moneylion, Bird and Clover Health. A lot of funds co-invest with Veronorte, with names like Cleveland Avenue sharing a substantial percentage of its portfolio. Veronorte has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series B
Portfolio Unicorns
Veronorte's List of Top Investments
Veronorte has a portfolio of 24 companies, including 2 unicorns. Their most notable investments include Moneylion and Bird.Their portfolio spans across United States, Colombia, India and 2 more locations. They have invested in Auto Tech, Enterprise Applications, FinTech and 19 other sectors, across stages such as Series A, Series B stages. Here is the list of top investments by Veronorte:1. Moneylion
Online platform for instant consumer loans and mobile banking. Its product offerings include installment loans, line of credit, pre-paid debit cards, and point-of-sale financing. It also offers loan comparison, savings, investments, and more.
Key facts about Moneylion
- Founded Year: 2013
- Location: Sandy (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $268M
- Employee Count: 471 as on Sep 30, 2026
- Investors: Greenspring Associates, DHVC and 20 Others
- Latest Funding Round: Series C, Jul 23, 2019, $*****
- Highlight: Acquired
2. Bird
App-based rental platform providing self-drive electric kick-scooters. Users can locate, and reserve electric kick-scooters through the app. They can unlock vehicles by scanning the QR codes, ride the scooters, and park in legal parking spaces at the end of the ride. The kick-scooters include self-reporting damage sensors, self-sealing tires, dual anti-tipping kickstands, and anti-theft encryption. App is available for both Android and iOS devices.
Key facts about Bird
- Founded Year: 2017
- Location: Miami (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2022
- Stage: Public
- Total Funding till date: $765M
- Employee Count: 953 as on Aug 31, 2026
- Investors: Glynn Capital, Fidelity Investments and 61 Others
- Latest Funding Round: Series D, Aug 04, 2021, $*****
- Highlight: Public
3. Viome
Provider of machine learning-based bioinformatics solutions. It uses bioinformatics and machine learning to provide deep insights into users' or customers' health and well-being. It helps in providing meaningful insights from this data to inform users on how to change their behavior and diet to live healthier lives. It also offers a kit "Gut Intelligence" for providing gut microbiome tests.
Key facts about Viome
- Founded Year: 2016
- Location: Bellevue (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $292M
- Employee Count: 99 as on Sep 30, 2026
- Investors: Ocgrow Group of Companies, CerraCap Ventures and 16 Others
- Latest Funding Round: Series D, Sep 09, 2024, $*****
- Highlight: Editors' Pick
Provider of medicare advantage plans and related services. It offers various plans, including PPO and HMO options, providing coverage for prescription drugs, doctor visits, and supplemental benefits such as dental, vision, and hearing care. Members have access to online tools to manage their plans, search for in-network providers, and check drug coverage. The company also offers resources and support for providers and agents involved in the medicare advantage market. Services include a provider portal, agent tools, and educational materials about medicare.
Key facts about Clover Health
- Founded Year: 2014
- Location: Jersey City (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $938M
- Employee Count: 764 as on Sep 30, 2026
- Investors: Western Technology Investment, Goldman Sachs and 38 Others
- Latest Funding Round: Series E, Jan 29, 2019, $*****
- Highlight: Editors' Pick
5. Stem
Provider of AI and cloud-driven energy solutions. It offers a cloud-based energy solution and system that leverages real-time data, predictive analytics, energy storage, and value-added services to optimize energy use and stabilize the grid. Additionally, it offers a coordinated fleet of power monitor sub-meters, power storage devices, and monitors that give real-time visibility of grid and demand response.
Key facts about Stem
- Founded Year: 2009
- Location: Millbrae (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $229M
- Employee Count: 439 as on Sep 30, 2026
- Investors: Mithril, BNP Paribas and 23 Others
- Latest Funding Round: Series D, Jul 24, 2018, $*****
- Highlight: Public
Veronorte's Year-on-Year Investment Trends
Veronorte has invested in 24 companies over the last 10 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Nuritas and most recent follow-on round was in Jumbotail.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 1 | 1 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
2019 | 0 | 0 | 0 |
2018 | 1 | 0 | 1 |
Veronorte's Investments by Stage
Veronorte has made 3 investments in Series A stage with an average round size of $14.3M and 2 investments in Series B stage with an average round size of $35.1M.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Series B | 2 |
Note: We have considered here, only first round of investments
Veronorte's Investments by Sector
Veronorte has a diverse portfolio, with companies operating in the FinTech, Food and Agriculture Tech, High Tech, Artificial Intelligence - Industry Applications and Auto. Notably, it has invested in 22 Tech companies, 18 Enterprise (B2B) companies, 10 Consumer (B2C) companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 2 |
Food and Agriculture Tech | 2 |
High Tech | 2 |
Artificial Intelligence - Industry Applications | 1 |
Auto | 1 |
Others | 7 |
Note: We have considered here, only first round of investments
Veronorte's Investments by Geography
Veronorte has made most investments in United States (3), followed by India where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 3 |
India | 1 |
Ireland | 1 |
Note: We have considered here, only first round of investments
Veronorte's recent investments
Veronorte has not made any investment in 2026 so far.Here are the most recent investments by Veronorte:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 18, 2024 | India | Series C | 7526 | [+25] | |
Nov 04, 2021 | Ireland | Series B | 1162 | [+21] | |
Oct 27, 2021 | United States | Series A | 4964 | [+9] | |
Oct 20, 2020 | India | Series B | 8339 | ||
Sep 26, 2018 | United States | Series A | 5957 | [+6] |
Unicorns in Veronorte's Portfolio
Veronorte has 2 unicorns in its portfolio - Jumbotail and Clover Health. The most recent unicorn in their portfolio is Jumbotail. It became a unicorn in 2025, 4 years after Veronorte first invested in it.Here is a list of unicorns in Veronorte's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
61 | Operator of B2B marketplace and retail platform for food and grocery | 2015 | Bengaluru | Series D | w{fjchy | ||
73 | Provider of medicare advantage plans and related services | 2014 | Jersey City | Series E | izafttx |
IPOs and Publicly Listed companies in Veronorte's Portfolio
2 of Veronorte's portfolio companies have become public. Bird got listed on the New York Stock Exchange (NYSE), in Nov 2021 and Stem got listed on the New York Stock Exchange (NYSE) at marketcap of $2.31M.Here are Veronorte's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 05, 2021 | - | - | 6890 | |
Oct 09, 2020 | - | - | 7794 |
Acquired companies in Veronorte's Portfolio
8 companies from Veronorte's portfolio have been acquired. The most recent acquisition was Kiavi in Jun 2026 by Figure for $*****.Here are Veronorte's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2026 | - | - | 3230 | |
Sep 02, 2025 | - | - | 9415 | |
Dec 10, 2024 | - | - | 8699 | |
Jun 13, 2024 | - | - | 6966 | |
Apr 15, 2022 | - | - | 3263 |
Team profile of Veronorte
Veronorte has a team of 2 members including 1 Partner and 1 Principal located in Mexico and Colombia. Veronorte's team does not sit on the board of any company as of now.Co-investors of Veronorte
Over the past 10 years, 132 investors have co-invested in Veronorte's portfolio companies. This includes funds and angels.
- Invested before Veronorte: EIC Fund, European Investment Bank and 43 others have invested in rounds before Veronorte. There is 1 company where EIC Fund has invested before Veronorte and 1 company where European Investment Bank has invested before Veronorte.
- Top Co-investors of Veronorte: 59 investors entered a company along with Veronorte. These include investors like Cleveland Avenue (1 company).
- Invested after Veronorte: A total of 28 investors have invested in Veronorte's portfolio after their investments. Top Investors include M&G (1 company), McWin (1 company) and Artal Asia (1 company).
Recent News related to Veronorte
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Jumbotail Technologies Pvt Ltd has raised USD 9.1 Million in a debt funding roundEnablers•Mar 14, 2023•Jumbotail, Alteria Capital, Innoven Capital, Invus and 7 others
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Nuritas™ Raises USD 45 Million to Expand Its Peptide Discovery Platform and Expand GloballyBusiness Wire•Nov 12, 2021•Nuritas, Cleveland Avenue, Wheatsheaf Group, ECBF and 6 others
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Shiru uses machine learning to identify food-friendly proteinsBiofuels Digest•Nov 02, 2021•Shiru, S2G Ventures, Lux Capital, CPT Capital and 8 others
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B2B grocer Jumbotail gets $14.2 million to close Series B funding roundIndiatimes•Jan 08, 2021•Jumbotail, vii.ventures, Grupo Nutresa, Veronorte and 3 others
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Slice Labs Raises $20M in Extended Series A to Globalize its On-Demand Insurance Cloud PlatformBusiness Wire•Sep 26, 2018•Slice, Co-operators, XL Innovate, Horizons Ventures and 4 others
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Horizon Healthcare Services Inc. and Pager announce close of strategic round of financingPR Newswire•Jan 11, 2018•Pager, Horizon Healthcare Services, Lux Capital, Goodwater Capital and 2 others
