El socio director y cofundador de IGNIA es el primer MBA mexicano de Harvard en recibir el Alumni Achievement Award, máximo reconocimiento de la Harvard Business School para aquellos egresados que han logrado distinguirse por sus contribuciones económicas y sociales.

Boston, Massachusetts, 28 de mayo de 2019. Álvaro Rodríguez Arregui, socio director y cofundador de IGNIA, se convirtió en el primer MBA mexicano de la Harvard Business School (HBS) en recibir el Alumni Achievement Award, el máximo reconocimiento que otorga esta institución educativa a sus egresados. En su edición 2019, Rodríguez Arregui recibió este galardón junto al empresario y político Michael Bloomberg, así como el almirante Michael Mullen.

El Alumni Achievement Award reconoce a los miembros más destacados de la comunidad de ex alumnos de la HBS, quienes han logrado distinguirse por sus contribuciones a las empresas e instituciones en las que colaboran, sin dejar de lado la ayuda a sus comunidades, convirtiéndose en modelos ejemplares de los que Harvard busca formar en términos de sociedad y negocios. Esta distinción se entrega cada año a un pequeño número de graduados que representan las mejores tradiciones y aspiraciones de la HBS y es la primera vez que un egresado mexicano del MBA de esta institución recibe este reconocimiento.

El Alumni Achievement Award es entregado durante la ceremonia de “Class Day”, que es parte de las ceremonias de graduación de los alumnos de MBA de la Universidad de Harvard, en Boston, Massachusetts.

“Tu visión empresarial inspiradora, tu compromiso para apalancar el poder del emprendedurismo para cambiar vidas y tu reconocida reputación como un líder de gran integridad, son logros profesionales extraordinarios. Además, tu dedicación y promoción al gran número de causas y organizaciones que apoyas, incluyendo tus roles como voluntario en Harvard, son ejemplo claro de tu profunda conexión con tu comunidad” indicó Nitin Nohria, decano de la Harvard Business School, en una carta dirigida al galardonado en donde indica los mayores méritos por los que se otorga el reconocimiento 2019 a Rodríguez Arregui.

Michael Chu, cofundador y socio de IGNIA, menciona que esta distinción es un logro para el ecosistema emprendedor en México, el cual atraviesa un momento de grandes oportunidades. “Es destacable que Harvard, una de las más grandes instituciones académicas a nivel mundial, esté volteando a ver a México y reconozca el trabajo que se está haciendo en términos de apoyo a emprendedores, innovación tecnológica e impulso de startups, las cuales son las principales acciones que impulsamos desde IGNIA”.

Christine Kenna, socia de IGNIA: “Estamos muy felices por el reconocimiento para Álvaro, además es una muestra del panorama favorable que vivimos para los emprendimientos en México, el talento mexicano y sus innovaciones tecnológicas han sido bien recibidas en el

mercado global, despertando el interés de inversionistas nacionales e internacionales. Desde el venture capital se debe seguir trabajando para apoyar estos proyectos ambiciosos, ya que sin un apoyo adecuado muchos de estos emprendimientos no lograrán expandirse con todo su potencial” explica.

Rodríguez Arregui menciona que recibir este galardón es un reconocimiento al apoyo que ha recibido durante su carrera. “Me siento muy agradecido y honrado, y este premio es realmente para mi familia, por su amor y apoyo incondicional; para mis socios y equipo por su sabiduría y compromiso; para los inversionistas que han confiado en la propuesta de IGNIA, y los emprendedores con los que trabajamos, quienes son los que están cambiando sus comunidades, industrias y trayendo nuevos beneficios a la sociedad”, indica.

Para más información sobre el Alumni Achievement Award de Harvard Business School del 2019 y años anteriores consultar https://www.hbs.edu/news/releases/Pages/alumni- achievement-awards-2019.aspx

IGNIA es un fondo de inversión de venture capital fundado por Álvaro Rodríguez y Michael Chu en 2007, con el objetivo de apoyar el crecimiento de la clase media emergente en México a través del financiamiento de emprendimientos que buscan cambiar la forma en que se hacen los negocios en su industria, y que brindan una propuesta de valor para el fortalecimiento de este sector.

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Acerca de IGNIA:

Es el fondo de inversión de venture capital más importante de México, enfocado en el apoyo a emprendimientos en cualquier industria y etapa de desarrollo, que cuenten con una propuesta de valor que cambie su forma de hacer negocios. Fue fundado por Álvaro Rodríguez y Michael Chu en 2007, y han invertido en más de 20 empresas de industrias como fintech, real estate, mascotas, retail, educación y e-commerce. Para más información, visite  www.ignia.mx

Mexico City, April 9, 2019 –Takeoff, the technology company that allows supermarkets to sell their products online (e-Groceries) in a profitable and efficient way, receives investment from IGNIA, which is added to the list of investors of the company as the only venture capital fund. This is the result of IGNIA´s ability to attract extraordinary global opportunities.

Takeoff offers supermarkets an alternative to compete profitably in the online market, through the construction of hyper local micro fulfillment centers operated by robots, which allows supermarkets to satisfy the demand of online orders, and deliver them quickly and economically.

Takeoff offers a complete end-to-end solution that encompasses the e-commerce platform, the management of the supply chain, the logistics, and the automated fulfillment solution, and it is ready to be implemented with existing grocery retailers. Thanks to Takeoff, different supermarket chains can adapt to the new consumption habits of their customers, without having to make massive investments and achieving profitability.

Takeoff was co-founded by José Vicente Aguerrevere; veteran in the supermarket sector, founder of DiaDia Practimercados, a disruptive supermarket chain in Latin America, and a former consultant at Booz Allen and Hamilton; and Max Pedro, who was vice president of Walmart International and former consultant at McKinsey. Together they lead a team of approximately 100 people, based in Boston, Massachusetts and Kiev, Ukraine.

Takeoff currently operates in the US, and the capital raised will allow them to continue with the accelerated pace that demands the current market. Takeoff’s vision is to expand its international presence in 2020, with Mexico, Australia, Chile and Canada among potential markets.

“The number of people who buy their groceries online has grown at an accelerated pace in recent years, and it is expected that, in a period of 5 to 7 years, 70% of consumers will buy their groceries through the Internet, according to the Food Marketing Institute (FMI) and Nielsen. With these trends, Takeoff has a unique opportunity to position itself as the provider of the most cost-effective solution for supermarkets that want to compete in the e-Groceries sector”, commented Fabrice Serfati, Partner at IGNIA.

“We are proud to have IGNIA as Takeoff´s investor. Both IGNIA and Takeoff align on the broader mission of reinventing the way we do business to achieve significantly higher performance, in this case reinventing e-Groceries”, said Jose Vicente Aguerrevere, Co-Founder and CEO of Takeoff Technologies.

About IGNIA

IGNIA is a venture capital firm that invests in high growth enterprises targeting the emerging middle class of Mexico. Founded in 2007, IGNIA has two funds with $200 million dollars under management. IGNIA invests in sectors such as healthcare, fintech, financial services, education and basic services. For more information please visit: http://www.ignia.mx and @IGNIA_Fund.

About Takeoff

Takeoff offers an e-Grocery solution (online shopping) that allows food retailers to achieve profitable online growth by using automation on a “hyper-local” scale. Buyers place their orders online through established retailers (whether they use their own existing e-commerce platform or Takeoff’s customized UI solution) and Takeoff’s automated technology arms orders using robots in micro stores or “Micro Fulfillment Centers”. The company was founded by José V. Aguerrevere and Max Pedro in 2016, and recently closed its Series B investment round, bringing the total capital raised to $62 million dollars.

The company’s robotic infrastructure is proven and ready to be implemented on a large scale thanks to Takeoff’s exclusive partnership with Knapp – the leading global provider of warehouse automation. The innovative Takeoff model of automated micro-warehouses or “Micro Fulfillment Centers”, operates with a much lower service cost than other e-commerce platforms, solving both the cost of putting together the order and the last mile. This translates into savings for both buyers and retailers. For more information, visit www.takeoff.com

 

 

Contact IGNIA

Jimena Garcia Cuellar

Investor and Institutional Relations

Tel: +52 (55) 8000 7295

Email: jgc@ignia.mx

Contact Takeoff

Jose Vicente Arreguevere, Co- FounderTakeoff

Lucia Brower, Chief of Staff

Email: jose@takeoff.com

Email: lucia@takeoff.com

Mexico City, April 2, 2019 – IGNIA (http://www.ignia.mx), completed the repayment of its debt with the Inter-American Development Bank (“IDB”) after the partial exit of IGNIA Fund I from its investment in Provive.

IGNIA´s partial exit and the subsequent repayment of its debt to the IDB took place after Provive closed a major debt transaction with a fund from an important international bank. Provive will use the funding to accelerate its growth and to substantially improve its capital structure by refinancing its existing debt.

IGNIA was Provive´s first investor, and has supported the company since 2011. To date, Provive has generated nearly $5,000 million pesos in value with the recovery of more than 8,500 homes, supporting 50,000 Mexican families in the cities from Tijuana, Mexicali, Ciudad Juárez and Hermosillo. Its program operates through the collaboration of Provive and Fundación Tu+Yo; the first is in charge of acquiring, rehabilitating and selling abandoned homes, while the Fundación Tu+Yo implements programs that promote education, organization and participation of community members to meet and solve their needs. Together, they have achieved the development of more prosperous, strong and active communities through improved access to housing and a better quality of life.

“Provive has proven to be a highly successful company in the field of urban regeneration of low-income communities. This is reflected, in part, in the excellent return that the Company has generated for investors like IGNIA, and confirms our investment thesis of supporting companies focused on the emerging middle class. We are confident that Provive will continue to grow and generate value for its shareholders, we continue to have an important equity stake in this venture. Additionally, we are excited that a world-class bank has joined us in this endeavor”, said Fabrice Serfati, Partner of IGNIA.

About IGNIA

IGNIAis a venture capital firm that invests in high growth enterprises targeting the emerging middle class of Mexico. Founded in 2007, IGNIA has two funds with $200 million dollars under management. IGNIA invests in sectors such as fintech, financial services, e-commerce, software services, education and basic services. For more information please visit: http://www.ignia.mx and @IGNIA_Fund.

About PROVIVE

Provive is an organization founded in 2009 by José Antonio Diaz, an entrepreneur who detected the problems generated by the abandonment of housing in Tijuana, such as insecurity, delinquency and social backwardness. The organization is responsible for rehabilitating low-income housing that are under a high rate of abandonment and a marked social decomposition. For more information, please visit http://www.provive.mx.

Contact IGNIA

Jimena García-Cuéllar

Investor and Institutional Relations Manager

Tel: +52 (55) 8000 7295

Email: jgc@ignia.mx

 

 

 

March 19, 2019 Sao Paulo; Brazil – DogHero (www.doghero.com.br), the Brazilian pet care marketplace that provides personalized dog boarding and walking services throughout Latin America, announced today it has closed a US$7 million Series B financing round led by Rover.com, the world´s largest pet care company. Prior investor IGNIA Partners, a Mexican venture capital firm, also participated. The investment will allow DogHero to continue executing on its mission of making dog parenting easier, accelerating growth throughout LatAm, home to 100+ dogs.

Both DogHero and Rover.com have played a role on reshaping the global pet care industry, building trusted networks of five-star dog sitters to simplify the way pet owners find and book pet care. Based in Sao Paulo, DogHero has 800,000 registered pets and a community of 16,000 dog hosts and walkers in 750 cities across Brazil, Argentina and Mexico. The Company continues to post solid growth rates, strengthening DogHero´s position as the undisputed leader in the region. The investment gives Rover exposure to the important Latin American market, consolidating its global footprint after it made forays in Europe, with the acquisition of DogBuddy. Founded in 2011 in Seattle, Rover is already active in the US, Canada, UK, France, Germany, Italy, Sweden, Norway, Spain, and the Netherlands.

“It is a big day for DogHero: we know that we are in the right trajectory when the team that built the world´s largest pet sitter network decides to back our plans for Latin America”, said DogHero´s co-founder Eduardo Baer. “DogHero and Rover both share the mission of making dog parenting easier throughout the world. With this investment we are one step closer to fulfilling this mission, enabling us to bring our services to even more dog owners”.

“Our pets are family, and we´re dedicated to providing the best pet care for owners worldwide”, said Megan Teepe, Vice President GM of International. “As we continue to grow as the global leader, we´re pleased to develop a better understanding of the Latin American market. DogHero has proven record of success, as we look forward to joining them in their journey.”

In 2019, DogHero plans to roll out the new dog walking service in more cities throughout LatAm while also accelerating growth in the core dog boarding business. “We are glad to double down our support DogHero, a protagonist in the LatAm sharing economy with an outstanding team”, said Alvaro Rodriguez Arregui, co-founder and Managing Partner of IGNIA.  Customers love the product: 98% of them recommended DogHero to friends and family. “Our goal is to provide more solutions for dog owners while continuing to work on enhancing the current experience. That´s what drives us” said DogHero´s co-founder Fernando Gadotti.  In its four years since launching, DogHero received more than US$12 M in investments. Prior investors include leading LAtAm VC´s Kaszek Ventures (Argentina) and Monashees (Brazil) and Global Founders Capital from Germany.

About DogHero

Founded in 2014 in Sao Paolo, DogHero is a peer-to-peer services marketplace that connects pet owners to trusted sitters and walkers. With over 800,000 registered dogs, it´s backed by VCs Global Founders Capital (Geermany), IGNIA partners (México), Monashees (Brazil), Kaszek Ventures (Argentina) and Rover.com, world’s largest pet care company. DogHero offers veterinary guarantee in case of any incident during the stay, a dedicated team of training and support of hosts, and other safety measures that make the pet experience the best possible. Anyone who is crazy for dogs and has a suitable and comfortable physical structure can apply to become a host. To learn more about DogHero, please visit http://www.doghero.com.br  

Contact IGNIA

Jimena García-Cuéllar

Investor and Institutional Relations

Tel: +52 (55) 8000 7295

Email: jgc@ignia.mx

The companies are leaders in Mexico, Colombia and Spain, with more than 8 million users.

Mexico City, March 25, 2019: GoTrendier (https://www.gotrendier.mx/) announces its merger with Chicfy (https://www.chicfy.com/), the largest merger of second-hand fashion startups in the Spanish-speaking market. Driven by the same mission, to create an alternative to fast fashion and to build the largest second-hand fashion platform in the countries which they operate, the group will focus on continuing to accelerate its growth and to expand into new countries.

This merger is a great step that will allow both companies strengthen and boost their growth, as well as creating synergies in strategic areas such as technology, finance and marketing, which will allow the development of functionalities to generate a better experience for the user and to continue to scale in current markets. The objective is to create a large marketplace for buying and selling second-hand clothing in the Spanish-speaking market with the opening of new business subsidiaries in Latin America.

There is great potential in the second-hand fashion market, both companies already have more than 8 million users, with a catalog of garments that exceeds 12 million active products. In this last year, the combined activity has generated one million transactions with a transaction volume of €25 million, consolidating the business model in Europe and Latin America. Both business models are transactional, C2C (consumer to consumer), logistically integrated to provide users the best services by guaranteeing the quality of the products through the validation by the style team.

“The great beneficiaries of this merger will be the users, as the teams are strengthened with top-level professionals, with the main objective of improving the quality of service and experience. However, the operations will continue independently in each country”, expresed Belén Cabido, founder and CEO of GoTrendier.

“The success of a company is based on an exhaustive analysis of the business and how to correctly interpret the numbers, therefore, this union allows us to obtain business intelligence to help both companies to scale more quickly”, commented Jesús Monleón, CEO of Chicfy.

“Both GoTrendier and Chicfy have managed to be highly successful in the markets in which they operate, so this merger represents a great opportunity for growth, lowering costs, improving technologies, always with the focus of offering a quality experience for users” , said Christine Kenna, Partner at IGNIA.

“The purchase and sale of second-hand clothing among individuals is a model of success worldwide, and the second-hand clothing market is expected to move US$400 billion in 2022. With the merger of the two companies, we become the largest player in the Spanish-speaking countries”, says Luis Martín Cabiedes, Partner at Cabiedes & Partners

About Chicfy

Founded in Spain in 2013. Chicfy is the leading second-hand fashion marketplace in Spain for men, women and children. The main differentiating factor of Chicfy is the creation of a community based on second-hand fashion. The company has shareholders such as Luis Martín Cabiedes, business angels of seedrocket and for a few months, with GoTrendier. The consolidated team reaches 45 people who make this company a very efficient company in capital and that hopes to reach break even by the end of the year.

About GoTrendier

Founded in Mexico in 2016. GoTrendier has the largest second-hand fashion community in Latin America. The startup has a team of 20 people operating in Mexico, Colombia and Spain. Partners like Bonsai, Antai, Pedralbes from the beginning, later joining in a second round IGNIA, Banco Sabadell and Ataria Ventures. GoTrendier has raised more than €5 million, this last round aims to open new countries in Latin America.

Contact GoTrendier

Belén Cabido Aresti

Fundadora / CEO

Email: belen@gotrendier.mx

Contact Chicfy

Jesús Monleón

CEO

Email: jesus@chicfy.com

Mexico City – February 13, 2019 – Rapyd, a global fintech-as-a-service platform that enables businesses and consumers to pay or be paid however they choose, using any payment method or cash for local and cross-border e-commerce, today announced a $40 million series B financing round led by General Catalyst and Stripe, with participation from Target Global, IGNIA and other strategic payments and fintech companies.

With this investment, Rapyd will expand its technology platform that supports any local or cross-border commerce use case requiring local payments, such as bank transfers, e-wallets, and cash for local acceptance and payouts. Rapyd addresses a significant and growing market opportunity as more than half of all transactions worldwide are facilitated via bank transfer, but merchants find it increasingly difficult to digitally enable local payment methods and process cross-border sales that are critical for international expansion.

“We’re excited to work with our new partners General Catalyst, Stripe, Target Global, IGNIA, and others, who today join our earlier investors including seed and series A lead TaL Capital. This marks a critical inflection point in our evolution as a company and at a time when market demand for our fintech-as-a-service platform approach is accelerating,” said Arik Shtilman, Co-founder and CEO of Rapyd.

“Rapyd’s product offering helps merchants, banks, telcos and fintech companies expand the scope of the products they offer, increase the number of customers they reach, and improve the overall customer experience, said Adam Valkin, Partner of General Catalyst. “Rapyd does this by helping drive the ubiquity of payment and payout options beyond debit and credit cards, towards cash, bank transfers, instant payments, e-wallets, and mobile money.”

“As global commerce continues to grow, the market opportunity for online merchants, the gig economy, online lenders and banks looking to provide access to funds instantly, is constrained due to the challenges of accepting and making local payment methods and cash transactions,” added Shtilman. “Rapyd helps businesses and their customers pay and be paid however they choose by seamlessly integrating any local payment method or cash to run any digital application from a single API.”

“Rapyd is a rare example of a unique solution allowing merchants and banks that work globally to be able to access hundreds of payment methods with one integration around the world. This ensures access to services for those who are most in need so that they can pay the way they are used to rather than being obliged to use the existing rails of card schemes,” noted Mike Lobanov, General Partner of Target Global. “We see the future in seamless payments with more and more transactions happening inside closed ecosystems through e-wallets. The global economy needs a modernized infrastructure which Rapyd is building.”

“Early on we saw and backed Rapyd’s vision to fundamentally re-think how financial management, money movement, and payment services could be delivered through a cloud computing model through a single technology stack. By removing the complexity and difficulty of managing geographic expansion, regulations, and new features businesses can focus on building the best fintech applications without worrying about backend systems that work on a global scale”, noted Eyal Dior, co-Managing Partner at TaL Capital. “We were pleased to lead Rapyd’s seed round and to co-lead their Series A funding. It is great to see market and investor acceptance of their Fintech-as-a-service vision.”

In addition to enabling local payments Rapyd also provides (1) Single Point of Reconciliation and Settlement of all funds across 65 currencies and the ability to payout in over 170 countries, (2) Advanced real-time foreign exchange services, that on average, provide a lower cost to clients and their consumers, and are more profitable, due to advanced FX hedging technology, and (3) Comprehensive global Know Your Customer (KYC), Anti-Money Laundering (AML)/Counter Financing Terrorism (CFT) services.

About General Catalyst

General Catalyst is a venture capital firm with approximately $5B raised to date that makes early-stage and transformational investments. We back fearless entrepreneurs who have the potential to build market-leading technology companies like Airbnb, BigCommerce, ClassPass, Datalogix, Datto, Demandware, Gusto, HubSpot, KAYAK, Oscar, Snap, Stripe, and Warby Parker. With offices in San Francisco, Palo Alto, New York City and Boston, our portfolio companies benefit from a bicoastal network of talent, customers, and opportunity. For more: http://www.generalcatalyst.com.

About Target Global

Target Global is an international Venture Capital firm headquartered in Berlin, with €700m in assets under management. Connecting the key European startup ecosystems we leverage the unique DNA of each of our target geographies, across our global network. Building on our experienced team with substantial operational and investment experience, we help exceptional entrepreneurs to build market leaders. Target Global follows a lifecycle approach, investing in fast-growing online platforms, targeting trillion $ markets. Our partners have been investing for more than 15 years in the digital technology space, backing some of the European success stories. The Target Global portfolio includes companies such as Auto1, Delivery Hero, GoEuro, Dreamlines, Rapyd, and WeFox. For more: http://www.targetglobal.vc

About TaL Capital

TaL Capital is a Private Investment Fund investing in promising early-stage high-tech companies with a focus on Healthcare and Fintech. Comprised of seasoned professionals and business leaders, our group has extensive connections and expertise ranging from technical know-how to operations and marketing, to strategic proficiency. At each stage of the business life cycle, our team supports the Fund’s array of portfolio companies by providing them with valuable input into strategy-building, networking, strategic alliances, and funding. TaL Capital seeks companies that offer unique technology, strong commercial potential, and outstanding leadership teams. For more information contact at eyal@tal-capital.com.

About IGNIA

IGNIA is a venture capital fund that invests in high growth companies aimed at the emerging middle class in Mexico. IGNIA invests in sectors such as fintech, financial services, payments, saas, marketplaces and gig economy, among others. For more: http://www.ignia.mx and @IGNIA Fund.

About Rapyd

Rapyd provides a fintech-as-a-service platform that helps businesses and their customers pay and be paid however they choose. The Rapyd platform supports any payment method for in-country or cross-border commerce use cases. Businesses can seamlessly integrate payment methods like bank transfers, e-wallets, or cash into any digital application from a single API and scale them globally across multiple payments networks. Rapyd operates the world’s largest local payments network that connects to over 2B+ consumers transacting around the corner and across the globe. For more information visit http://www.rapyd.net.

Media contact:

Lumina Communications for Rapyd

Marshall Hampson / Danielle Scotto

408-680-0561 / 646-775-6303

Rapyd@Luminapr.com

• This injection of capital will allow GoTrendier to scale in its current geographies, and open a new market in Chile
• Ataria joins existing investors IGNIA, Banco Sabadell, Antai Venture Builder, Bonsai Venture Capital and Pedralbes Partners to support GoTrendier
• With more than 1.3 million users, the platform solidifies its position as a market leader in Latin America

GoTrendier, the leading application to buy and sell fashion among women in Latin America, continues its growth strategy with a new round of financing of USD $3.5 million.

This is the second round in just over a year, which gives entry to a new shareholder, Ataria, a Peruvian fund that invests in technology companies with high potential in early stages.  Existing investors Banco Sabadell and IGNIA reinforced their position, along with Antai Venture Builder, Bonsai Venture Capital, Pedralbes Partners and several business angels.

As explained by Sergio Pérez, Investment Director of Sabadell Venture Capital: “The volume of the market for buying and selling second-hand clothes in the world was 360,000 million transactions in 2017 and is expected to reach 400,000 million in 2022. For us, the combination of the huge market that GoTrendier is targeting, which today is the leading marketplace in Mexico and Colombia, and the team that leads the Company, has made us decide to accompany them in their growth to be leaders in this segment in all Spanish-speaking countries.”

The capital injection will allow the company to accelerate its growth rate in Mexico and Colombia, open in Chile, and strengthen the technical team to incorporate new features that will allow the company to scale.

This is the third round of investment in the history of the company, founded in 2016. GoTrendier is a pioneer in the category of buying and selling used clothing online among individuals in Latin America and its growth has been exponential since its launch, with more than 1.3M users. It currently has a catalog of 1.5M of garments valued at USD  $47.8 million. Buying on GoTrendier, women have been able to save USD $12 million and have avoided more than 1,000 tons of CO2 emissions.

“The online retail resale business has been very successful in Brazil, the US and Europe. The recent performance of GoTrendier reaffirms the great opportunity that Latin America represents. With our investment we reiterate our commitment to the prosperous future of GoTrendier”, said Christine Kenna, partner at IGNIA.

Executive Director, Belén Cabido stated, “this investment round is important to strengthen our position in the markets in which we operate and reinforces our commitment to a more responsible way of consuming fashion”.

About GoTrendier

GoTrendier is the largest e-commerce platform in Latin America for women who buy and sell used clothes through the app via mobile phones. It is currently present in Mexico and Colombia, and has 1.3 million users, who buy in the main markets of the region and sell what is no longer used through this platform, building a new more responsible and sustainable model of consumption.

About IGNIA

IGNIA is a venture capital fund that invests in high growth companies aimed at the emerging middle class in Mexico. Founded in 2007, IGNIA has two funds and USD 200 million in capital raised. IGNIA invests in sectors such as health, fintech, financial services, education and basic services. For more information please see: www.ignia.mx and @IGNIA_Fund.

About Antai

Antai Venture Builder is a digital business group, founded by Gerard Olivé and Miguel Vicente, who has created some of the most powerful online and mobile models in Europe and Latin America. Its main objective is to create and co-found products and services that have an impact on society, changing the way people consume and interact. The mission of Antai and its projects is to disrupt traditional industries and offer new consumer solutions, leveraging new technologies. Wallapop, Cornerjob, Deliberry, Glovo or BePretty are just some examples of some businesses created from Antai.

About Bonsai Venture Capital

Spanish venture capital with 18 years of experience investing in internet with one of the strongest track records in Spain with successes such as Infojobs, Softonic, Idealista, Tuenti, Wuaki, Bodas.net, Wallapop or Glovo.

About Banco Sabadell

Banco Sabadell is currently the fourth Spanish bank, with its more than 2,500 offices and approximately 26,000 employees. Its total assets now exceed 211,000 million euros. It operates in the Spanish financial market since 1881 and is a leading franchise for companies and entrepreneurs with international activity in 20 countries.

On January 4, 2016, the Bank obtained its license to operate as a financial entity in Mexico. Since then, in terms of portfolio growth related to corporate banking and corporate loans, it has significantly exceeded its volume growth forecast. In addition, together with SabCapital, they have placed loans for more than MXN $70,300 million to companies in the main industrial zones of the country. Likewise, it already has a prominent presence in the market, with branches in more than 13 key cities, such as Mexico City, Monterrey, Guadalajara, León, Querétaro, Puebla, Mérida and Cancún, Naucalpan, Tijuana, Hermosillo, Culiacán and Chihuahua. For more information: http://www.bancosabadell.mx

About Ataria

Ataria Ventures offers a select group of qualified Latin American investors diversified access to technology companies with high potential in early stages of development around the world.