Latitud Secures $11.5 Million In Seed Funding To Scale Next Generation Of Tech Startups In Latin America
Latitud Secures $11.5 Million In Seed Funding To Scale Next Generation Of Tech Startups In Latin America
03/28/22, 11:05 AM
Location
Money raised
$11.5 million
Round Type
seed
Latitud, the fastest growing tech entrepreneurship platform in Latin America, today announced a $11.5 million seed round co-led by Andreessen Horowitz (a16z) and NFX with participation from Endeavor, Canary, FJ Labs, Ganas Ventures and top startup leaders across Latin America like David Vélez (founder of Nubank), Sebastian Mejia (founder of Rappi) and others. The new funding will enable Latitud to help tackle the highest friction points for early-stage entrepreneurs starting companies in Latin America which include company formation, cross-border capital, cap table management and access to world-class advice from accomplished operators and tech leaders.
Company Info
Location
san francisco, california, united states
Additional Info
The company has also seen tremendous success with Latitud Fellowships, a world-class educational programme and curriculum taught by accomplished operators at top tech companies around the world. The company also has a venture arm, the Latitud Ventures, led by Tomas Roggio, which has invested in over 80 companies including Pomelo, BHub and Alinea. The company is creating a suite of solutions to help tackle the highest friction points for early-stage entrepreneurs starting companies in Latin America: company formation, cross-border capital and cap table management. As one of the largest seed rounds in the region, Latitud will use the funding to scale its tech platform and educational programs that have already helped 800 founders raise $250 million at a collective value of $1.5 billion SAN FRANCISCO, March 28, 2022 /PRNewswire/ -- The new funding will enable Latitud to help tackle the highest friction points for early-stage entrepreneurs starting companies in Latin America which include company formation, cross-border capital, cap table management and access to world-class advice from accomplished operators and tech leaders. Through its platform and suite of software products, Latitud provides founders with the tools they need to avoid these mistakes and thrive. About Latitud is the fastest growing tech entrepreneurship platform in Latin America. Latitud is a fully distributed company born at the beginning of the COVID pandemic and has no physical headquarters.