Top 17 Ecommerce Fashion Investors in Latin America
Top 17 Ecommerce Fashion Investors in Latin America
The ecommerce fashion industry in Latin America has seen remarkable growth driven by mobile internet penetration and a burgeoning middle class. Companies range from dedicated online retailers to multi-brand platforms, offering everything from luxury apparel to sustainable fashion options. Major players exploit local trends and preferences, catering to a style-conscious demographic. Digital resale and thrift markets are emerging, reflecting a shift towards sustainability in shopping habits. This sector is poised for further expansion as innovations in logistics, digital payments, and social commerce reshape consumer experiences and access.
This list highlights a variety of investors in Latin America's ecommerce fashion sector. Notably, venture capital firms such as Bossa Invest and Kaszek are based in São Paulo, while corporate investors like Mercado Libre hail from Buenos Aires. The firms vary in size, with many employing 11-50 team members. Founders established these firms between 2005 and 2020, with notable activity in 2024 as these investors made over 150 funding deals. Each of these investors is pivotal in shaping the fashion ecommerce landscape in this vibrant region.
Top 17 Ecommerce Fashion Investors in Latin America
1. bossa invest
- Website: bossainvest.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2011
- Headcount: 11-50
- Number of deals in 2024: 56
- LinkedIn: bossainvest
Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in the technology sector, and provides capital, strategic guidance, and access to a network of co-investors. Notably, Bossa Invest has participated in several transactions within the ecommerce fashion space, including Curtsy, a clothing resale app for Gen Z women, which raised $11 million in Series A funding, and Repassa, a platform focused on the resale of clothing. These investments highlight Bossa Invest's commitment to supporting startups that are transforming the fashion industry through technology and sustainability.
2. Monashees
- Website: monashees.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2005
- Headcount: 11-50
- Number of deals in 2024: 18
- LinkedIn: monashees-capital
Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. Among their notable investments, Monashees has backed enjoei, a popular online marketplace for second-hand fashion, which raised significant funding in both Series A and subsequent rounds. Additionally, they invested in Elo7, a platform for handmade and custom products, which also includes a variety of fashion items. These transactions highlight Monashees' active role in the ecommerce fashion industry, showcasing their commitment to supporting innovative businesses in this space.
3. Kaszek
- Website: kaszek.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2011
- Headcount: 11-50
- Number of deals in 2024: 17
- LinkedIn: kaszek-ventures
Kaszek is a venture capital firm founded in 2011, based in Sao Paulo, Brazil, that focuses on investing in and supporting entrepreneurs across Latin America. The firm provides capital and strategic guidance to startups, helping them navigate growth challenges and achieve their business goals. Kaszek has a strong emphasis on long-term partnerships and aims to foster a vibrant technology ecosystem in the region. Among their notable transactions in the ecommerce fashion sector are OQVestir, which raised funds in a Series A round in 2011, and Grupo Netshoes, which raised $170 million in a private equity round in 2014. Other relevant investments include Dress & Go, eÓtica, and MadeiraMadeira, showcasing their active role in the ecommerce fashion landscape.
4. Mercadolibre.com
- Website: mercadolibre.com
- Type: Corporate
- Headquarters: Buenos Aires, Buenos Aires, Argentina
- Founded year: 1999
- Headcount: 1001-5000
- Number of deals in 2024: 3
- LinkedIn: mercadolibre-com
Mercado Libre, founded in 1999 and based in Buenos Aires, Argentina, is a leading e-commerce platform that enables online buying and selling across multiple product categories, including electronics, clothing, and home goods. With a workforce of 1001-5000 employees, Mercado Libre has made several strategic acquisitions to bolster its market position. Notably, they acquired DeRemate.com, a competitor in the Latin American market, which enhances their reach in the online marketplace. Additionally, their acquisition of AXADO Informação e Tecnologia and Machinalis demonstrates their commitment to integrating technology into their operations, potentially improving their e-commerce offerings, including fashion. Although they have not made direct investments specifically in fashion startups, their platform supports a wide range of clothing sales, making them a relevant player in the e-commerce fashion industry.
5. Canary
- Website: canary.com.br
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2017
- Headcount: 11-50
- Number of deals in 2024: 23
- LinkedIn: canary-venture-capital
Canary is a venture capital firm based in Sao Paulo, Brazil, founded in 2017. They specialize in early-stage investments across Latin America, providing capital, co-founding assistance, and fostering a strong community of builders. Canary has been involved in various transactions, including a significant investment in Bendo, a Mexican social commerce startup that raised $1.1 million in a seed round led by Canary. This investment highlights their interest in ecommerce platforms that leverage social interactions for sales, which is a growing trend in the fashion industry. Additionally, their participation in funding rounds for companies like ZAX, a B2B trade platform, showcases their engagement in the broader ecommerce landscape, which could encompass fashion-related ventures as well.
6. NXTP Ventures
- Website: nxtp.vc
- Type: Venture Capital
- Headquarters: Buenos Aires, Buenos Aires, Argentina
- Founded year: 2011
- Headcount: 11-50
- Number of deals in 2024: 4
- LinkedIn: nxtp-ventures
NXTP Ventures is a venture capital firm based in Buenos Aires, Argentina, founded in 2011. The firm specializes in investing in early-stage B2B startups in Latin America, focusing on sectors such as Cloud & SaaS, E-commerce, Fintech, and AI. NXTP Ventures has been involved in several notable transactions in the ecommerce space, including their investment in AMARO, a fashion brand that raised funds in a seed round in 2013. Additionally, they participated in the funding rounds for Nuvemshop (Tienda Nube), an omnichannel ecommerce platform for small and medium-sized businesses in Latin America, showcasing their commitment to supporting ecommerce initiatives. Their strategic support and capital provision aim to help these businesses grow and succeed in the competitive ecommerce landscape.
7. Latitud
- Website: latitud.com
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2020
- Headcount: 11-50
- Number of deals in 2024: 24
- LinkedIn: latitude4
Latitud is a venture capital firm and startup accelerator based in Sao Paulo, Brazil, founded in 2020. It focuses on supporting tech founders in Latin America by providing funding, mentorship, and community resources to help startups scale and succeed. Latitud has been involved in various investment rounds, including notable transactions such as Elevva, which raised $30 million to enhance its portfolio and technology development. While Elevva's specific focus is not solely on fashion, its aim to incorporate brands and products could include fashion-related ventures. Other investments, like Unbox, also indicate Latitud's engagement in the startup ecosystem, which may encompass ecommerce fashion in the broader context of tech-driven solutions.
8. Simma Capital
- Website: simmacapital.com
- Type: Venture Capital
- Headquarters: Bogota, Bogota, Colombia
- Founded year: 2019
- Headcount: 1-10
- Number of deals in 2024: 4
- LinkedIn: simma-capital
SIMMA Capital is a venture capital firm based in Bogota, Colombia, founded in 2019. The firm specializes in investing in early-stage startups across Latin America, providing not only capital but also business connections and knowledge support to empower entrepreneurs. Their investment strategy spans various sectors, including technology and sustainability. Notably, they have participated in funding rounds for smartBeemo, a CommerceTech platform that raised $6 million in a pre-Series A funding round in December 2023, and $1.5 million in a seed round in August 2022. This involvement in a commerce-focused startup highlights their interest in the ecommerce sector, which is relevant to the fashion industry. Additionally, they have invested in other startups like Morado and Yummy, although these do not specifically relate to ecommerce fashion. Overall, their engagement in the commerce technology space positions them as a potential investor in the ecommerce fashion sector.
9. Kptl
- Website: kptl.com.br
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2020
- Headcount: 11-50
- Number of deals in 2024: 5
- LinkedIn: inseed-investimentos
KPTL is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With over 15 years of experience in the investment landscape, KPTL has made more than 124 investments, focusing on innovative startups across various sectors. Notably, KPTL has invested in Dress & Go, which received R$ 3.75 million to expand its circular fashion business, highlighting KPTL's commitment to the ecommerce fashion industry. This investment aims to help Dress & Go recover from pandemic losses and significantly increase its inventory, showcasing KPTL's strategic guidance and support for growth in the fashion ecommerce market. Additionally, KPTL has participated in other funding rounds, but the focus on Dress & Go solidifies its relevance in the ecommerce fashion sector.
10. Redwood Ventures
- Website: redwood.ventures
- Type: Venture Capital
- Headquarters: Guadalajara, Jalisco, Mexico
- Founded year: 2017
- Headcount: 11-50
- Number of deals in 2024: 5
- LinkedIn: redwoodventuresmx
Redwood Ventures is a venture capital firm founded in 2017, based in Guadalajara, Jalisco, Mexico. The firm specializes in investing in technology-driven startups across various sectors, including fintech, e-commerce, and healthtech. They provide financial backing and strategic support to entrepreneurs, helping them navigate the challenges of scaling their businesses. Notably, Redwood Ventures has invested in Troquer, a leading startup for second-hand fashionwear in Latin America, which raised $600,000 to enhance its commercial strategy and technological development. Additionally, they have participated in funding rounds for smartBeemo, a CommerceTech platform, and Elevva, which focuses on incorporating brands and products into its portfolio, further showcasing their engagement in the ecommerce space.
11. Grupo Axo
- Website: grupoaxo.com
- Type: Corporate
- Headquarters: Mexico
- Founded year: 1994
- Headcount: 5001-10000
- Number of deals in 2024: 1
- LinkedIn: grupo-axo
Grupo Axo is a corporate investor based in Mexico, founded in 1994, that operates a multi-brand ecosystem in apparel, beauty, and personal care. They distribute over 60 international brands across physical and digital stores in Mexico, Chile, Peru, and Uruguay, catering primarily to consumers seeking diverse product offerings. Notably, Grupo Axo has been involved in significant transactions within the ecommerce fashion context, including their investment in Vopero, a resale marketplace that raised $7.5 million to scale operations across Mexico and Latin America, with Grupo Axo leading the funding round. Additionally, they have acquired companies like Komax and Grupo Promoda, further expanding their portfolio in the fashion retail sector. These activities highlight Grupo Axo's strategic focus on enhancing their ecommerce capabilities and presence in the fashion industry.
12. Caravela Capital
- Website: caravela.capital
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2019
- Headcount: 11-50
- Number of deals in 2024: 5
- LinkedIn: caravelacapital
Caravela Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm focuses on backing entrepreneurs and early-stage companies, providing funding and mentorship to help startups grow and succeed in various industries, particularly in technology and innovation. Caravela Capital has been involved in several notable transactions, including investments in ZAX, a B2B trade platform, and nocnoc, a company that raised significant funding to enhance fulfillment solutions for retailers. While ZAX is more focused on trade, nocnoc's emphasis on retail solutions aligns with the ecommerce sector, indicating Caravela's potential interest in the ecommerce fashion space. Their business model revolves around investing in promising startups and offering expertise to navigate the challenges of entrepreneurship, making them a versatile investor in the broader ecommerce landscape.
13. Verve Capital
- Website: vervecapital.us
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2019
- Headcount: 1-10
- Number of deals in 2024: 3
- LinkedIn: verve-capital
Verve Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2019. The firm specializes in early-stage investments in technology-driven startups across Latin America, providing not only funding but also strategic support to help entrepreneurs achieve significant growth. Verve Capital has invested in various sectors, including FinTech, HealthTech, and EdTech. Notably, they have also made investments in ecommerce-related startups, such as Já Vendeu, which focuses on online sales of used furniture and appliances, receiving R$ 2.5 million in funding. This investment highlights their engagement in the ecommerce space, which is relevant to the fashion industry. Other transactions include investments in Carryt, Compra Rapida, Treggo, and Malga, showcasing their active role in supporting innovative startups across different sectors.
14. Maya Capital
- Website: maya.capital
- Type: Venture Capital
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2018
- Headcount: 1-10
- Number of deals in 2024: 8
- LinkedIn: mayacapital
MAYA Capital is a venture capital firm based in Sao Paulo, Brazil, founded in 2018. The firm specializes in seed stage investments in startups across Latin America, providing not only financial backing but also strategic support in areas such as hiring, market entry, and fundraising. In 2021, Maya Capital was involved in significant transactions with Merama, a Latin American e-commerce startup, which raised a total of $160 million in its Series B funding round, alongside earlier rounds of $100 million in debt financing and $60 million in Series A funding. Additionally, they participated in the seed funding rounds for Unbox, which raised over $1.4 million in 2022 and $643,796 in 2020. These transactions highlight Maya Capital's engagement in the ecommerce sector, particularly with startups that could potentially intersect with the fashion industry.
15. boostLAB Powered by BTG Pactual
- Website: boostlab.com.br
- Type: Corporate
- Headquarters: Sao Paulo, Sao Paulo, Brazil
- Founded year: 2018
- Headcount: 1-10
- Number of deals in 2024: 4
- LinkedIn: boostlab-btgpactual
boostLAB Powered by BTG Pactual is a corporate investor based in Sao Paulo, Brazil, founded in 2018. The firm specializes in providing mentorship and financial services to startups, helping them navigate growth challenges and access credit lines. In 2021, boostLAB participated in the debt financing of Insider Store, which raised over $2.2 million, indicating their support for ecommerce ventures. In 2022, they were involved in the Series A funding of Pagaleve, which raised nearly $2 million, further showcasing their commitment to supporting innovative startups. In 2023, boostLAB also participated in seed rounds for Stream Shop Technologies and Lastlink, both of which could potentially align with ecommerce initiatives. Overall, boostLAB's investment activities reflect a strategic interest in the ecommerce sector, including fashion-related startups.
16. Wollef
- Website: wollefvc.com
- Type: Venture Capital
- Headquarters: Mexico City, Mexico City, Mexico
- Founded year: 2013
- Headcount: 1-10
- Number of deals in 2024: 2
- LinkedIn: jaguar-ventures
Wollef is a venture capital firm based in Mexico City, Mexico, founded in 2013. The firm specializes in financing technology startups across various sectors in Latin America, including fintech and e-commerce. Wollef aims to support early-stage companies by providing capital and advisory services to help them overcome funding challenges and achieve growth. Notably, Wollef has invested in Vopero, a resale marketplace that raised $7.5 million to expand its operations in Mexico and Latin America, highlighting their engagement in the ecommerce fashion industry. Additionally, they participated in the Series A funding for Ben & Frank, a fashion eyewear brand, further solidifying their involvement in the fashion ecommerce space. Their investment in Melonn, a Colombian ecommerce startup, also indicates their commitment to supporting technology-driven businesses in the ecommerce sector.
17. Bridge Latam
- Website: bridgelat.com
- Type: Corporate
- Headquarters: Mexico City, Mexico City, Mexico
- Founded year: 2021
- Headcount: 1-10
- Number of deals in 2024: 5
- LinkedIn: bridge-partners-latam
Bridge Latam is a corporate investment firm based in Mexico City, founded in 2021. The firm focuses on supporting entrepreneurs and startups within the Latin American tech ecosystem by providing investment, networking opportunities, and operational support. They emphasize long-term partnerships with founders who are passionate about solving regional problems. Notably, Bridge Latam has participated in several significant transactions, including Elenas, which raised $6 million in a Series A round and operates in the social commerce space, potentially related to fashion. They also invested in Refurbi, which raised $4.4 million in a Seed Round, and Quinio, which raised $20 million in a Seed Round. These investments reflect their commitment to fostering growth in the ecommerce sector, making them a relevant player in the ecommerce fashion industry.
Ecommerce Fashion Insights: Key Investors in Latin America
| Investor | Headquarter | Size | Founded | Deals 2024 |
|---|---|---|---|---|
| bossa invest | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2011 | 56 |
| Monashees | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2005 | 18 |
| Kaszek | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2011 | 17 |
| Mercadolibre.com | Buenos Aires, Buenos Aires, Argentina | 1001-5000 | 1999 | 3 |
| Canary | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2017 | 23 |
| NXTP Ventures | Buenos Aires, Buenos Aires, Argentina | 11-50 | 2011 | 4 |
| Latitud | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2020 | 24 |
| Simma Capital | Bogota, Bogota, Colombia | 1-10 | 2019 | 4 |
| Kptl | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2020 | 5 |
| Redwood Ventures | Guadalajara, Jalisco, Mexico | 11-50 | 2017 | 5 |
| Grupo Axo | Mexico | 5001-10000 | 1994 | 1 |
| Caravela Capital | Sao Paulo, Sao Paulo, Brazil | 11-50 | 2019 | 5 |
| Verve Capital | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2019 | 3 |
| Maya Capital | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2018 | 8 |
| boostLAB Powered by BTG Pactual | Sao Paulo, Sao Paulo, Brazil | 1-10 | 2018 | 4 |
| Wollef | Mexico City, Mexico City, Mexico | 1-10 | 2013 | 2 |
| Bridge Latam | Mexico City, Mexico City, Mexico | 1-10 | 2021 | 5 |
Want to find more investors focusing on the ecommerce fashion industry?
If you want to find more investors that are active in the ecommerce fashionindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and there are a lot more private equity, venturecapital, and corporate investors like these globally.With Inven, you'll also get to know:
- Deal History: Number of deals and their sizes.
- Portfolio: Companies they've invested in.
- Contact data: Key dealmakers, including their emails and phonenumbers.
- ...and much more!
.jpg)
Trusted by 700+ companies
