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500 LatAm Welcomes Batch 17 Startups to its Somos Lucha Program

We selected 10 companies from Mexico, Ecuador, Colombia, Argentina and Peru out of 2,011 candidates.

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Rene Lomeli

Rene Lomeli

Venture Partner

PUBLISHED

2023.09.25

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Last month, the LatAm team had the opportunity to meet face-to-face with our vibrant community of founders, investors, mentors and allies at our very first 500 LatAm Founder Summit in Valle de Bravo, Mexico. 

Over a period of three days, more than 160 attendees showed us how amazing and powerful the 500 LatAm family is. We had a full program of activities for founders, which included sessions on fundraising, scaling, leadership, and even work-life balance. It was a great opportunity for our portfolio companies to get together and share experiences.

The 500 LatAm team at their first founder summit.

Our first summit reaffirms our commitment to build more avenues for the Latin American startup ecosystem to network and exchange ideas. It also marked our 10-year anniversary in the region. Since 2011, our LatAm team has invested a total of more than $38 million in 250+ early stage companies in Latin America, including 99 minutos (Batch 3) and Konfio (Batch 4).

Our mission is to help the most talented Spanish-speaking entrepreneurs in Latin America build successful companies that leverage technology to scale through capital and know-how. That’s why we’re thrilled to announce our newest batch of companies in the Somos Lucha Program, which represents a 0.5% acceptance rate. The startups hail from Mexico, Ecuador, Colombia, Argentina and Peru.

Along with our investment comes a commitment from our team to support each founder in multiple areas, including legal, product, sales, growth, corporate culture, fundraising, and more. During four months, we tailor mentorship sessions based on the company’s needs. The program culminates on January 26, 2023 with Somos Lucha’s Demo Day.

Here are Batch 17 companies:

AlquiláTuCancha (Argentina): Sports Tech platform that promotes group sports practice and creates the ecosystem that connects sportsmen and sports centers.

Blau Corp (México): Platform that digitizes waste management companies to make them smarter and more profitable.

DataInt (México): Data-driven intelligence platform helping organizations to mitigate the security risks that their personnel and physical assets face in their operations.

Gigstack (México): Management and automation software for electronic invoicing for Mexican startups and companies, which reduces up to 90% the time spent on administrative tasks.

Mekan (Colombia): One-stop shop for the automotive aftermarket.

MIDAS (México): Digital payment solutions for cash users in Latin America.

Revie (México): Drives sales by easily collecting user feedback and User Generated Content for eCommerce platforms via WhatsApp.

TAXO (Ecuador): A tax automation platform for accountants and professionals.

TEDI (Perú): Edtech platform that enhances the talent of professionals in the construction sector, providing them with access to quality technological knowledge through live training by experts.

Wannabe (Colombia): Matchmaker platform for a company’s hiring needs and skills-verified tech talent.

Bienvenidos to the 500 LatAm family LatAm Batch 17! Todos Somos Lucha! 

 

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Rene Lomeli

Rene Lomeli

Venture Partner

René is a Partner at 500 Global LatAm. He has helped over 100 startups scale and solve problems as part of the 500 Startups family and keeps things running smoothly at the accelerator in México City. Prior to joining 500 he facilitated 15+ Startup Weekends throughout Mexico. He loves to help others make things happen and always carries a kit of screwdrivers to repair any gadget that needs a little love and care. When not in the office he is training for his next marathon.