3 min read

Full Speed Ahead with 500 Startups LatAm’s Batch 12

The pandemic has challenged companies and whole industries, so it is truly encouraging to see thousands of entrepreneurs--real hustlers--rise up to the challenge.
LatAm Batch 12

Founders from Argentina, Chile and Mexico are joining the accelerator program remotely.

Rene Lomeli

Venture Partner

Published

23.07.20

At the beginning of 2020, 500 Startups’ LatAm team had everything planned for the entire year: our goals, deadlines, and investments we wished to make in our region. We had mapped out everything to the last detail. Come March, it became obvious to us and everyone else around the world that COVID-19 was going to make any plan challenging to achieve. 

But from our homes in Mexico City, the whole LatAm team decided to stay on track with our plans and work as hard as possible to keep our pace and the start date of our accelerator program.

For five weeks starting at the end of March, we launched Batch 12 applications for Spanish-speaking Latin America. The results amazed us: nearly 15% more companies applied, compared to Batch 11, or 1,957 companies. This was Latin American entrepreneurship at its best. 

The pandemic has challenged companies and whole industries, so it is truly encouraging to see thousands of entrepreneurs–real hustlers–rise up to the challenge. This is exactly what drives us to do what we do. 

Ten companies from Mexico, Argentina and Chile join us this month for our 16-week program, this time 100% remote. We will offer them the best of our mentor network, and most importantly we will focus on weekly metrics to make sure we are helping our companies to grow their business.

Please welcome to the 500Strong family our Batch 12 in LatAm.

Agrapp, Chile: Helps farmers manage their business in a fast and easy way.

Chipax, Chile: Cash flow control for SMEs.

Circulo de Belleza, Mexico: Community and e-commerce exclusive for beauty professionals in Mexico.

Como Quiero, Chile: Daily meal-planning in a couple of clicks.

Güeno, Argentina: Automates sign-up requests when companies onboard new customers.

Pagaris, Mexico: Financing for online purchases in Mexico.

Puramente, Argentina: Meditation and mindfulness app in Spanish.

SeeMexico, Mexico: Online travel agency with subscription model and payment installments.

Vech, Mexico: Financial services for gig workers in Mexico.

YoFio, Mexico: Microcredit app to facilitate purchases at informal corner stores in Latin America.

 

THIS POST IS INTENDED SOLELY TO PROVIDE INFORMATION REGARDING 500 STARTUPS.  ALL CONTENT PROVIDED IN THIS POST IS PROVIDED FOR GENERAL INFORMATIONAL OR EDUCATIONAL PURPOSES ONLY. 500 STARTUPS MAKES NO REPRESENTATIONS AS TO THE ACCURACY OR INFORMATION CONTAINED IN THIS POST AND WHILE 500 STARTUPS HAS TAKEN REASONABLE STEPS TO ENSURE THAT THE INFORMATION CONTAINED IN THIS POST IS ACCURATE AND UP-TO-DATE, NO LIABILITY CAN BE ACCEPTED FOR ANY ERROR OR OMISSIONS. ALL THIRD PARTY LINKS IN THIS POST HAVE NOT BEEN INDEPENDENTLY VERIFIED BY 500 STARTUPS AND THE INCLUSION OF SUCH LINKS SHOULD NOT BE INTERPRETED AS AN ENDORSEMENT OR CONFIRMATION OF THE CONTENT WITHIN.

ALL LOGOS AND TRADEMARKS OF THIRD PARTIES REFERENCED HEREIN ARE THE TRADEMARKS AND LOGOS OF THEIR RESPECTIVE OWNERS. ANY INCLUSION OF SUCH TRADEMARKS OR LOGOS DOES NOT IMPLY OR CONSTITUTE ANY APPROVAL, ENDORSEMENT OR SPONSORSHIP OF 500 STARTUPS BY SUCH OWNERS.

UNDER NO CIRCUMSTANCES SHOULD ANY INFORMATION OR CONTENT IN THIS POST, BE CONSIDERED AS AN OFFER TO SELL OR SOLICITATION OF INTEREST TO PURCHASE ANY SECURITIES ADVISED BY 500 STARTUPS OR ANY OF ITS AFFILIATES OR REPRESENTATIVES. FURTHER, NO CONTENT OR INFORMATION CONTAINED IN THIS POST IS OR IS INTENDED AS AN OFFER TO PROVIDE ANY INVESTMENT ADVISORY SERVICE OR FINANCIAL ADVICE BY 500 STARTUPS. UNDER NO CIRCUMSTANCES SHOULD ANYTHING HEREIN BE CONSTRUED AS FUND MARKETING MATERIALS BY PROSPECTIVE INVESTORS CONSIDERING AN INVESTMENT INTO ANY 500 STARTUPS INVESTMENT FUND.

THE FUNDS ADVISED BY 500 STARTUPS MANAGEMENT COMPANY, L.L.C. DO NOT PARTICIPATE IN ANY REVENUE GENERATED BY 500 STARTUPS PROGRAMS, INVESTOR EDUCATION SERVICES, STRATEGIC PARTNERSHIP CONSULTING SERVICES AND EVENTS. SUCH PROGRAMS AND SERVICES ARE PROVIDED FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY AND UNDER NO CIRCUMSTANCES SHOULD ANY CONTENT PROVIDED AS PART OF ANY SUCH PROGRAMS, SERVICES OR EVENTS BE CONSTRUED AS INVESTMENT, LEGAL, TAX OR ACCOUNTING ADVICE BY 500 STARTUPS OR ANY OF ITS AFFILIATES.

 

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.

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