The IT consulting industry in Latin America is a dynamic sector, catering to growing demands for technology services that enhance business efficiency. Companies involved range from small startups to established firms, offering solutions such as software development, cybersecurity, and data analytics. As more businesses seek digital transformation, the industry is witnessing innovative growth fueled by the rise of remote work and cloud services. Tech adoption is accelerating, creating an increasing appetite for IT consulting expertise. With nearly half of corporations implementing AI initiatives, consultants are essential to guide strategic and compliant use of these emerging technologies in operations.


The investor landscape features a mix of corporate, private equity, and venture capital firms, primarily based in Brazil, Argentina, and Colombia. Most investors range from small teams of 1-10 members to larger teams of over 200, collectively entering significant deals throughout 2024. Founded from 2004 to 2021, these investors have been proactive, with noteworthy contributions in funding the IT consulting sector, including those made by Thomson Reuters Costa Rica and Crescera Capital. Their varied investment strategies reveal growing confidence in technology's future and its pivotal role in business evolution across Latin America.


Top 18 IT Consulting 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 within the technology sector. Bossa Invest supports these startups by providing capital, strategic guidance, and access to a network of co-investors, while also offering educational resources to empower entrepreneurs. Among their notable transactions, Bossa Invest invested in Axity, a company that provides IT consulting services, in a Series A round in November 2017. They have also invested in Gauge, which has raised funds in multiple rounds, and Sentio Solutions, which focuses on technology-driven solutions. Their investment in Pliant.io, which raised $2.6 million in a Pre-Seed round, further illustrates their commitment to technology startups. This diverse portfolio highlights Bossa Invest's active role in the technology and IT consulting sectors.


2. Thomson Reuters Costa Rica


Thomson Reuters Costa Rica is a corporate investor based in Heredia, Costa Rica, and is part of the larger Thomson Reuters organization, which was founded in 1977. The company specializes in providing legal services and information technology solutions, offering a diverse range of products including legal research tools, tax compliance software, and media solutions. Their clientele includes legal professionals, accountants, and businesses across various sectors, who rely on their services to enhance efficiency and ensure compliance. Notably, Thomson Reuters has made several strategic acquisitions to bolster its IT consulting capabilities, including the acquisition of Pangea3, one of India's largest legal process outsourcing companies, which enhances their portfolio in legal outsourcing. Additionally, their acquisition of KnowledgeNet, a leader in live e-learning, and RedGear Technologies, further illustrates their commitment to expanding their IT service offerings. These transactions highlight their active role in the IT consulting landscape, particularly in areas that support legal and tax professionals.


3. Mindset Ventures

  • Website: mindset.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2016
  • Headcount: 1-10
  • Number of deals in 2024: 7
  • LinkedIn: mindset-ventures

Mindset Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in early-stage technology investments and provides capital and strategic support to startups across various sectors, including financial services and healthcare. Mindset Ventures focuses on helping companies grow by offering business development assistance, mentorship, and access to valuable networks. Notably, they have invested in Turing, which raised $32 million in Series B and $14 million in a Seed Round, both of which are relevant to the IT consulting space as Turing connects companies with remote software developers. Additionally, their investment in Tamnoon, which raised $12 million in Series A, further demonstrates their active role in technology investments. These transactions highlight Mindset Ventures' commitment to supporting innovative technology companies, including those in the IT consulting sector.


4. Norte Ventures

  • Website: norte.ventures
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2020
  • Headcount: 1-10
  • Number of deals in 2024: 11
  • LinkedIn: norteventures

Norte Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. The firm focuses on empowering startups in the technology sector by providing resources, consulting services, educational materials, and investment management. They aim to foster innovation within the Brazilian market. Notable transactions include investments in Katapult Studios, which raised $6 million in a Seed Round, and Comp, which secured $4 million in a Seed Round. These investments indicate a commitment to supporting technology-driven companies, which may include those in the IT consulting domain. Additionally, their involvement with startups like HENRY, which raised $10 million in a Series A round, further demonstrates their active role in the tech industry.


5. 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. Notable transactions include investments in companies like Laqus, which raised over $2 million in a Series A round, and BluePex, which secured $850,220 in a Series A round. These investments indicate Kptl's commitment to supporting technology-driven businesses, which may encompass IT consulting firms among their portfolio, as they seek to provide capital and strategic guidance to help companies grow and succeed in their respective markets.


6. Crescera Capital

  • Website: crescera.com
  • Type: Private Equity
  • Headquarters: Rio De Janeiro, Rio De Janeiro, Brazil
  • Founded year: 2008
  • Headcount: 11-50
  • Number of deals in 2024: 7
  • LinkedIn: bozano-investimentos

Crescera Capital is a private equity and venture capital investment firm based in Rio de Janeiro, Brazil, founded in 2008. The firm specializes in providing growth capital and strategic guidance to mid-sized companies across various sectors, including technology, education, and health. Crescera aims to enhance operational performance and prepare companies for market opportunities. Notably, they have been involved in significant transactions within the technology sector, such as their investment in Semantix, which raised $94 million in Post-IPO Equity in August 2022 and an undisclosed amount in a Series B round in June 2019. These transactions highlight Crescera's commitment to supporting technology companies, making them a relevant player in the IT consulting space.


7. 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 across Latin America, with a focus on sectors such as Cloud & SaaS, E-commerce, Fintech, and AI. NXTP Ventures has been involved in several transactions, including investments in Glamit and Workana, which, while not strictly IT consulting firms, operate in technology-driven environments that could intersect with IT consulting services. For instance, Glamit, which raised multiple rounds of funding, operates in the e-commerce space, and Workana is a freelance platform that connects businesses with IT professionals, indicating a potential overlap with IT consulting needs.


8. 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. The firm specializes in early-stage investments across Latin America, focusing on supporting entrepreneurs with capital, co-founding assistance, and building a strong community of builders. In 2024, they have made 23 investments, showcasing their active role in the startup ecosystem. Notable transactions include investments in Trybe, which raised $10 million in a Series A round and focuses on tech education, and Tuna, which operates in the payments space in Latin America. These investments highlight Canary's commitment to fostering technology-driven companies, which are often integral to the IT consulting industry.


9. Angel Ventures


Angel Ventures is a venture capital firm founded in 2008, based in Mexico, that specializes in investing in early-stage technology companies throughout Latin America. The firm provides funding, mentorship, and resources to help startups grow and succeed in various sectors, including FinTech and E-Commerce. Notably, Angel Ventures has participated in several transactions that highlight their engagement with technology-driven companies. For instance, they invested in Occosoft LLC, which raised $185,000 in a Series A round in November 2023, indicating their support for technology solutions that could relate to IT consulting. Additionally, their investment in Katapult Studios, which raised $6 million in a Seed Round in May 2022, further demonstrates their commitment to fostering innovative technology ventures. Through educational programs for new investors and support for market entry into Mexico, Angel Ventures plays a significant role in the Latin American tech ecosystem, making them a noteworthy player in the broader technology investment landscape.


10. Dgf

  • Website: dgf.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2001
  • Headcount: 11-50
  • Number of deals in 2024: 3
  • LinkedIn: dgf-investimentos

DGF is a venture capital firm based in Sao Paulo, Brazil, founded in 2001. The firm specializes in investing in high-growth technology companies, providing not only capital but also strategic support and networking opportunities to help these companies accelerate their growth. DGF has been involved in several notable transactions in the IT consulting space, including investments in Daitan Group, a company focused on software development and IT consulting, and ADTsys Cloud Computing, which operates in the cloud computing sector. Additionally, they invested in Axur, a company specializing in digital security, and WebRadar, which focuses on big data analytics and IoT. These investments highlight DGF's commitment to supporting technology-driven businesses, particularly in the IT consulting domain.


11. Invest Tech Brazil

  • Website: investtech.com.br
  • Type: Venture Capital
  • Headquarters: Sao Paulo, Sao Paulo, Brazil
  • Founded year: 2004
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: invest-tech-brazil

Invest Tech Brazil is an investment management firm specializing in venture capital and private equity, founded in 2004 and based in Sao Paulo, Brazil. The firm focuses on supporting innovative companies in Brazil by providing funding and enhancing their operational and governance structures. Their investment strategy targets technology-driven businesses across various sectors, contributing to the growth and development of the Brazilian market. Notably, Invest Tech Brazil has been involved in significant transactions such as Quality Software, which raised over $16 million in 2023 and has received multiple rounds of funding since 2016. This indicates a strong commitment to investing in technology firms, which may include IT consulting services. Additionally, their earlier investments in Bertini do Brasil further demonstrate their engagement in the technology sector, reinforcing their relevance in the IT consulting landscape.


12. Oria Capital


Oria Capital is a private equity firm based in Sao Paulo, Brazil, founded in 2009. The firm specializes in growth equity investments in B2B technology companies, providing both capital and strategic guidance to help these firms scale and innovate. Oria Capital actively manages a portfolio of investments aimed at driving growth and enhancing market presence in the software sector. Notable transactions include investments in Knewin, which raised over $7.7 million in Series A funding for its software solutions, and Zenvia, where Oria Capital led a $54 million follow-on investment in a company focused on digital customer communications. Other investments include Mandic, Cipher, and WebRadar, all of which are involved in technology and software, further solidifying Oria Capital's commitment to the tech industry.


13. Alaya Capital


Alaya Capital is a venture capital firm based in Córdoba, Argentina, founded in 2010. The firm focuses on investing in the next generation of digital entrepreneurs in Latin America, providing both funding and strategic support to help startups scale their operations. Alaya Capital has been involved in several seed funding rounds, including notable investments in companies like Backstartup, which is a corporate software platform aimed at improving efficiency through automation. This investment highlights Alaya Capital's commitment to technology-driven businesses, making them a relevant player in the IT consulting space. Other investments include INITECH and Winclap, which further showcase their focus on innovative technology solutions.


14. Ventura Family Office


Ventura Family Office is a corporate investor based in Cajicá, Bogota, Colombia, founded in 2010. The firm specializes in supporting entrepreneurs and startups through capital investment and strategic guidance across various sectors, including private equity and real estate. In recent years, they have participated in several funding rounds for startups, such as Movo, which raised $1 million in a venture round in June 2023 and $3 million in a seed round in August 2021. They also invested in Truora, a company focused on fraud prevention in Latin America, which indicates their interest in technology-driven solutions. Although their investments span multiple industries, their engagement with tech-oriented companies suggests a potential relevance to the IT consulting space, particularly in supporting businesses that may require IT consulting services to enhance their operations.


15. 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 across Latin America, providing not only financial backing but also strategic support in areas such as hiring, market entry, and fundraising. Their primary customers are early-stage entrepreneurs seeking to grow their businesses in various sectors, including technology and healthcare. Notably, Maya Capital has been involved in several significant transactions, including investments in Trybe, a technology education platform that raised $10 million in Series A funding, and Truora, which raised funds in its seed round. Additionally, they participated in the seed round for Avra, a company that could potentially align with IT consulting services. Their investment strategy indicates a strong interest in the technology sector, which is closely related to IT consulting.


16. Nexxus Capital


Nexxus Capital is a private equity investment firm based in Mexico City, Mexico, founded in 1995. The firm specializes in providing private equity and mezzanine debt to mid-sized companies in Mexico and Spain, managing multiple funds aimed at helping businesses grow and expand. Among their notable transactions, Nexxus Capital invested in AgileThought in January 2015, a company that specializes in IT consulting and software development, indicating their engagement in the IT consulting sector. Additionally, they participated in a private equity round for OFG in January 2018, although the specific industry focus of OFG is not detailed. Overall, Nexxus Capital's investment in AgileThought highlights their capability and willingness to invest in the IT consulting industry, alongside their broader investment strategy targeting mid-sized companies.


17. Magma Partners

  • Website: magmapartners.com
  • Type: Venture Capital
  • Headquarters: Providencia, Santiago, Chile
  • Founded year: 2014
  • Headcount: 11-50
  • Number of deals in 2024: 6
  • LinkedIn: magma-partners

Magma Partners is a venture capital firm based in Providencia, Santiago, Chile, founded in 2014. The firm specializes in investing in early-stage startups across Latin America, providing both funding and advisory services to entrepreneurs. With a focus on solving significant regional challenges, Magma Partners has backed over 125 companies, primarily in sectors like fintech and insurtech. Notably, they have participated in various funding rounds, including Base Operations, which raised $2.2 million in seed funding to enhance its enterprise security operations platform. Additionally, they have invested in companies like Ontop, which raised $4.5 million, and Truora, indicating their commitment to supporting scalable technology businesses. While their primary focus may not be explicitly on IT consulting, their investments in technology-driven startups suggest a relevant interest in the sector.


18. 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 is an e-commerce platform based in Buenos Aires, Argentina, founded in 1999. It facilitates online buying and selling across various product categories, including electronics, clothing, and home goods. The company has made several notable investments in the technology sector, particularly in education and digital training. For instance, in 2021, Mercado Libre invested in Digital House, an edtech company that raised over $50 million to enhance its digital training platforms and launch a tech training program in collaboration with Mercado Libre and Globant. This investment highlights Mercado Libre's commitment to developing IT skills and consulting capabilities. Additionally, they participated in the funding of Aleph Holding, which raised $25 million in 2021, further indicating their interest in technology-driven businesses. These transactions reflect Mercado Libre's strategic positioning within the technology landscape, making them a relevant player in the IT consulting space.



IT Consulting Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
bossa investSao Paulo, Sao Paulo, Brazil11-50201156
Thomson Reuters Costa RicaHeredia, Heredia, Costa Rica51-20019774
Mindset VenturesSao Paulo, Sao Paulo, Brazil1-1020167
Norte VenturesSao Paulo, Sao Paulo, Brazil1-10202011
KptlSao Paulo, Sao Paulo, Brazil11-5020205
Crescera CapitalRio De Janeiro, Rio De Janeiro, Brazil11-5020087
NXTP VenturesBuenos Aires, Buenos Aires, Argentina11-5020114
CanarySao Paulo, Sao Paulo, Brazil11-50201723
Angel VenturesMexico11-5020082
DgfSao Paulo, Sao Paulo, Brazil11-5020013
Invest Tech BrazilSao Paulo, Sao Paulo, Brazil11-5020041
Oria CapitalSao Paulo, Sao Paulo, Brazil11-5020090
Alaya CapitalCórdoba, Cordoba, Argentina1-1020105
Ventura Family OfficeCajicá, Bogota, Colombia1-1020100
Maya CapitalSao Paulo, Sao Paulo, Brazil1-1020188
Nexxus CapitalMexico City, Mexico City, Mexico11-5019950
Magma PartnersProvidencia, Santiago, Chile11-5020146
Mercadolibre.comBuenos Aires, Buenos Aires, Argentina1001-500019993


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