Marathon Ventures

Marathon Ventures is a venture capital firm specializing in early-stage B2B platforms, including marketplaces, SaaS, and embedded fintech solutions in Latin America. Founded in 2020 and headquartered in Bogotá, Colombia, the firm manages a $26 million fund dedicated to accelerating startup growth in emerging markets. Marathon Ventures aims to build and back impactful B2B solutions with the region's top talent, driving innovation, social mobility, and economic growth in Latin America.

The firm's investment strategy focuses on seed and pre-seed stages, investing between $500,000 and $1 million into seed rounds ranging from $1 million to $3 million. Marathon Ventures primarily invests in Colombia, Mexico, Brazil, Argentina, and Chile, targeting sectors such as fintech, SaaS, marketplaces, e-commerce, proptech, and logistics. The firm emphasizes a comprehensive support approach, connecting portfolio companies with a global network of enterprise partners to enhance their chances of success.

Marathon Ventures has a track record of supporting portfolio founders by helping them connect with the greater Latin American business community. Notable investments include Tul, a B2B e-commerce marketplace optimizing the construction-material supply chain for hardware stores across Latin America, and Meru, a B2B marketplace for auto parts serving the automotive aftermarket in the region. The firm's mission is to maximize the potential of talent in emerging markets by investing in promising operators and providing them with the resources and mentorship needed to succeed in the competitive startup ecosystem.