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MatterScale Ventures

North America, New York, United States, New York

Description

MatterScale Ventures is a New York City-based early-stage venture capital firm with a distinctive focus on empowering Latin founders. Established with the mission to back companies that not only achieve significant scale but also create meaningful impact, the firm strategically positions itself at the intersection of the U.S. and Latin American startup ecosystems. Their investment thesis centers on identifying and supporting innovative businesses led by entrepreneurs with deep ties to Latin America, aiming to bridge the geographical and cultural gaps often encountered by these founders.

The firm primarily targets companies in their early growth phases, specifically from Pre-Seed to Series A rounds. MatterScale Ventures is known for its initial check sizes, which typically range from $250,000 to $1,000,000. This flexible approach allows them to engage with promising startups at various critical junctures of their development. Their operational base in New York provides a strategic advantage, offering portfolio companies access to U.S. market insights, networks, and follow-on funding opportunities, while their profound understanding of the Latin American market ensures culturally attuned support.

Co-founded by experienced venture capitalists Carolina Huaranca Mendoza and Antonio Osio, MatterScale Ventures leverages their extensive backgrounds in technology, finance, and entrepreneurship. Mendoza brings a wealth of experience from her previous roles in venture capital and tech, while Osio contributes deep insights from his entrepreneurial journey and investment activities in Latin America. Their combined expertise provides a robust foundation for the firm's investment decisions and its ability to offer strategic guidance to portfolio companies, fostering their growth and market penetration.

MatterScale's portfolio reflects its commitment to high-potential ventures across diverse sectors, including fintech, logistics, and enterprise software, all driven by Latin founders. Notable investments include companies like Clara, Flink, and Nowports, which exemplify the firm's successful strategy in identifying and nurturing businesses poised for significant regional and global expansion. By focusing on "companies that matter and that scale," MatterScale Ventures not only provides crucial capital but also acts as a strategic partner, helping founders navigate the complexities of scaling operations and achieving sustainable impact in their respective industries.

Investor Profile

MatterScale Ventures has backed more than 41 startups, with 2 new investments in the last 12 months alone. The firm has led 5 rounds, about 12% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Colombia, Argentina.
  • Strong thematic focus on Software, FinTech, EdTech.
  • Typical check size: $250K – $1M.

Stage Focus

  • Seed (44%)
  • Pre Seed (39%)
  • Series A (10%)
  • Corporate Round (2%)
  • Convertible Note (2%)
  • Undisclosed (2%)

Country Focus

  • United States (27%)
  • Colombia (24%)
  • Argentina (20%)
  • Mexico (7%)
  • Chile (5%)
  • Brazil (5%)
  • United Kingdom (2%)
  • Canada (2%)
  • Singapore (2%)
  • Peru (2%)

Industry Focus

  • Software
  • Fintech
  • Edtech
  • Information Technology
  • Cryptocurrency
  • E-commerce
  • Human Resources
  • Saas
  • Financial Services
  • Artificial Intelligence (Ai)
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does MatterScale Ventures frequently co-invest with?

Reach Capital
North America, California, United States, San Francisco
Co-Investments: 4
Newtopia VC
South America, Distrito Federal, Argentina, Buenos Aires
Co-Investments: 8
Canary
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 3
FJ Labs
North America, New York, United States, New York
Co-Investments: 4
Salkantay Ventures
South America, Lima, Peru, Miraflores
Co-Investments: 4
Kalei Ventures
South America, Distrito Federal, Argentina, Velez Sarsfield
Co-Investments: 3
Norte Ventures
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 3
Latitud
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 4
Wayra
Europe, Madrid, Spain, Madrid
Co-Investments: 5
Valor Capital Group
North America, New York, United States, New York
Co-Investments: 3

Which angels does MatterScale Ventures often collaborate with?

Simon Borrero
North America, Distrito Federal, Mexico, Mexico City
Shared Deals: 2
Jose Jair Bonilla
South America, Distrito Especial, Colombia, Bogotá
Shared Deals: 1
BR
North America, California, United States
Shared Deals: 2
Juan David Jaramillo
South America, Distrito Especial, Colombia, Bogotá
Shared Deals: 1
Fabian Gomez Gutierrez
South America, Distrito Especial, Colombia, Bogotá
Shared Deals: 1
JC
North America, Massachusetts, United States, Boston
Shared Deals: 2
JH
North America, California, United States, Palo Alto
Shared Deals: 1
Felipe Villamarin
South America, Colombia
Shared Deals: 2
Enrique Villamarin Lafaurie
South America, Distrito Especial, Colombia, Bogotá
Shared Deals: 1
SM
North America, New York, United States, New York
Shared Deals: 2

What are some of recent deals done by MatterScale Ventures?

Glim

Bogotá, Distrito Especial, Colombia

Glim is Salary reinvented

CryptocurrencyEmployee BenefitsFinTechHuman Resources
Pre SeedFeb 13, 2025
Amount Raised: $3,470,000

numia is a B2B SaaS integrating online and offline customer journeys with AI and human interaction to boost sales, efficiency and CSAT.

B2BSaaS
SeedDec 11, 2024
Amount Raised: $3,500,000
Novel Capital

Overland Park, Kansas, United States

Novel Capital is a fintech growth platform providing non-dilutive financing to B2B companies.

FinanceFinancial ServicesFinTechImpact InvestingVenture Capital
SeedMay 29, 2024
Amount Raised: $15,000,000
Celes

Barranquilla, Atlantico, Colombia

Celes helps medium size retailers prevent stockouts, retain customers and optimize pricing, using pre-trained AI and analytics.

Machine LearningRetail TechnologySmall and Medium Businesses
SeedMay 14, 2024
Amount Raised: $3,000,000
Agrotoken

Buenos Aires, Distrito Federal, Argentina

Agrotoken is a grain-backed, transactional digital asset used to save or exchange for supplies, services, and other assets.

AgricultureAgTechCryptocurrencyFinTechTrading Platform
SeedNov 8, 2023
Amount Raised: $12,500,000
VMind AI

Cambridge, Massachusetts, United States

Technology company in stealth mode.

Artificial Intelligence (AI)Machine LearningTraining
Pre SeedOct 29, 2023
Amount Raised: $1,400,000
Celes

Barranquilla, Atlantico, Colombia

Celes helps medium size retailers prevent stockouts, retain customers and optimize pricing, using pre-trained AI and analytics.

Machine LearningRetail TechnologySmall and Medium Businesses
SeedJul 4, 2023
Amount Raised: $1,100,000
Hackmetrix

Santiago, Region Metropolitana, Chile

Hackmetrix helps startups improve their security complying with industry standars like ISO27k or PCI.

Cloud SecurityComplianceCyber SecuritySecurity
Convertible NoteJun 8, 2023
Amount Raised: $1,300,000
Yumari

Mexico City, Distrito Federal, Mexico

The first B2B Cross-Border Platform in Latin America

B2BE-Commerce PlatformsSupply Chain ManagementWholesale
Pre SeedMay 15, 2023
Amount Raised: $2,000,000
Glim

Bogotá, Distrito Especial, Colombia

Glim is Salary reinvented

CryptocurrencyEmployee BenefitsFinTechHuman Resources
Pre SeedApr 1, 2023