The travel and tourism industry in Latin America thrives on a rich tapestry of cultures and breathtaking landscapes. Companies range from established travel agencies and hotels to innovative tech startups offering unique travel experiences, facilitating everything from accommodation bookings to transport solutions. The sector stands at a transformative juncture, increasingly integrating technology to enhance customer experiences while focusing on sustainability. Insights indicate a growing interest in responsible travel, where travelers seek authentic, local experiences. This shift presents both challenges and opportunities, as the industry adapts to meet evolving consumer expectations and embrace digital innovation.


The list includes a variety of investors such as venture capital firms and private equity firms, primarily located in Brazil and Mexico. Featuring 19 investors from diverse backgrounds, each operating within a size range of 1-50 employees, these firms were founded between 1995 and 2021. In 2024, they executed numerous deals across the travel and tourism sector, showcasing their commitment to fostering innovation in this dynamic industry.


Top 19 Travel and Tourism 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. Bossa Invest is also dedicated to empowering entrepreneurs through educational resources. Among their notable transactions, they have invested in travel-related startups such as Just Travel, which raised $247,356 in a Pre-Seed round in May 2022, and GlampingHub, which raised an undisclosed amount in a Series B round in May 2018. Additionally, they were involved with Instaviagem, a surprise travel startup in Brazil, which raised approximately $500,000 in a recent funding round. These investments highlight Bossa Invest's active role in the travel and tourism sector, alongside their broader focus on technology startups.


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 funding and support to entrepreneurs to help them navigate the challenges of building and scaling their businesses. Their services include talent acquisition, fundraising assistance, and access to a network of industry experts. Notably, Monashees has made significant investments in the travel and tourism sector, including a $48 million Series A investment in Casai, a Mexican hospitality startup, and a substantial investment in Buser, a platform for shared charter and bus services, which received R$700 million in a Series C funding round. These transactions highlight Monashees' commitment to supporting innovative companies that enhance the travel and tourism experience.


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 based in Sao Paulo, Brazil, founded in 2011. The firm is dedicated to investing in and supporting entrepreneurs across Latin America, particularly in technology-driven industries. With a strong emphasis on long-term partnerships, Kaszek aims to foster a vibrant technology ecosystem in the region. Among its notable transactions, Kaszek invested in Casai, a Mexican hospitality startup that raised $48 million in a Series A round, marking one of the largest Series A rounds in Latin America. This investment highlights Kaszek's engagement in the travel and tourism sector. Additionally, Kaszek has invested in Urbvan, a startup providing private transportation shuttles in Mexico, further demonstrating its involvement in travel-related services. These transactions reflect Kaszek's commitment to supporting innovative solutions within the travel and tourism industry, alongside its broader investment strategy.


4. Angel Ventures


Angel Ventures is a venture capital firm founded in 2008, based in Mexico, that specializes in investing in early-stage technology companies across various sectors in Latin America. The firm provides funding, mentorship, and resources to help startups grow and succeed. Notably, Angel Ventures has made significant investments in the travel and tourism sector, including multiple rounds of funding for Outlet de Viajes, a travel agency platform, from seed funding in 2013 to Series A rounds in 2014 and 2016. Additionally, they participated in a funding round for BYHOURS, a platform that allows users to book hotel rooms by the hour, which aims to expand its presence in Europe and Latin America. These transactions highlight Angel Ventures' active role in supporting innovative solutions within the travel and tourism industry.


5. 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 specializes in providing resources and support for startups in the technology sector, offering consulting services, educational materials, and investment management to help entrepreneurs navigate the challenges of building and scaling their businesses. Norte Ventures has been active in the travel and tourism context, having invested in companies such as Buser, which raised funds in a Series A round and operates in the transportation sector, and Nomad, which raised over $19 million in a Series A round and focuses on travel solutions for digital nomads. These investments highlight Norte Ventures' commitment to fostering innovation not only in technology but also in the travel and tourism industry, particularly in Brazil.


6. IGneous

  • Website: igneous.cl
  • Type: Corporate
  • Headquarters: Chile
  • Headcount: 1-10

IGneous is a corporate investment firm based in Chile that specializes in managing and investing in early-stage companies across various innovative sectors. They focus on long-term value creation and provide strategic and operational support to help these companies grow and succeed. Notably, IGneous has been involved in transactions such as Busbud, a Montreal-based online marketplace for intercity bus tickets, which raised $11 million in financing. This investment highlights their engagement in the travel and tourism sector. Additionally, they have participated in funding rounds for Recorrido, a platform that may also relate to travel services, although the specifics of those transactions are less clear. Overall, IGneous's investment strategy and their involvement in travel-related companies position them as a relevant player in the travel and tourism investment landscape.


7. DILA Capital

  • Website: dilacapital.com
  • Type: Venture Capital
  • Headquarters: Mexico City, Mexico City, Mexico
  • Founded year: 2005
  • Headcount: 11-50
  • Number of deals in 2024: 1
  • LinkedIn: dila-capital

DILA Capital is a venture capital firm based in Mexico City, founded in 2005. The firm specializes in investing in entrepreneurs and companies within the Spanish-speaking world and the Hispanic market in the U.S. DILA Capital provides capital, strategic support, and operational insights to help its portfolio companies grow and succeed. They focus on building strong partnerships with visionary leaders to catalyze economic development in their regions. Among their notable transactions, DILA Capital invested in Outlet de Viajes, a travel agency, and BYHOURS, a platform for booking hotel rooms by the hour, which aims to expand its presence in Europe, Latin America, and the U.S. Additionally, they have invested in Urbvan, a startup providing private transportation shuttles in Mexico, which also aligns with travel and tourism. These investments highlight DILA Capital's engagement in the travel and tourism sector, despite their broader investment strategy.


8. G2 Momentum Capital


G2 Momentum Capital is a venture capital firm based in Mexico City, founded in 2011. The firm specializes in investing in early-stage startups across Latin America, with a focus on disruptive and scalable technology-based business models. They partner with passionate entrepreneurs to provide both capital and consulting services, helping startups navigate the competitive market. Among their notable transactions, G2 Momentum Capital invested in Kukun, a Mexican neo-hospitality proptech that raised $4.5 million to foster emotional connections between travelers and destinations through interactive technologies. This investment highlights their engagement in the travel and tourism sector. Additionally, they have participated in other seed rounds, such as Shuttle Central and Ancana, further demonstrating their active role in supporting innovative startups, including those that may impact the travel and tourism industry.


9. Liil Ventures

  • Website: liil.city
  • Type: Venture Capital
  • Headquarters: Mexico City, Mexico City, Mexico
  • Founded year: 2017
  • Headcount: 1-10
  • Number of deals in 2024: 1
  • LinkedIn: liil-ventures

Liil Ventures is a venture capital firm based in Mexico City, founded in 2017, that focuses on enhancing urban living through smart city and mobility solutions. They invest in early-stage companies and provide strategic support, leveraging their extensive network to help entrepreneurs succeed in addressing urban challenges. Notably, Liil Ventures has participated in significant transactions such as BusUp, a Barcelona-based corporate bus commuter management solution that raised $14.1 million in 2024, and Urbvan, a startup providing private transportation shuttles in Mexico that raised $9 million in 2019. These investments highlight their commitment to improving transportation, which is a critical component of the travel and tourism sector.


10. 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 early-stage investments across Latin America, focusing on sectors such as fintech and insurtech. With a portfolio of over 125 companies, Magma Partners aims to address significant regional challenges and support scalable technology businesses. Notably, they have invested in Keteka, a platform that connects travelers with local experiences, highlighting their engagement in the travel and tourism sector. Additionally, they have participated in funding rounds for The Intern Group, which offers international internship programs, further showcasing their interest in travel-related ventures. While their primary focus remains on technology-driven sectors, their involvement in these travel-related transactions indicates a willingness to diversify their investment portfolio.


11. 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 PriceTravel, a travel agency that raised funds in May 2012, and Grupo Turistore, which raised capital in October 2018. These investments highlight Nexxus Capital's engagement in the travel and tourism sector, demonstrating their capability and interest in supporting companies within this industry.


12. Beta Ventures LLC


Beta Ventures LLC is a corporate venture capital firm based in Sao Paulo, Brazil, founded in 2016. The firm specializes in providing angel investments and mentoring to startups across Brazil and Latin America, with a focus on innovative founders in various sectors, including FinTech and Health Tech. Among their notable transactions, they invested in Worldpackers, a platform that facilitates travel and cultural exchange, which is directly relevant to the travel and tourism industry. Additionally, they participated in the funding of Kocomo and Wonder Brands, although these companies do not appear to be directly related to travel and tourism. This diverse investment strategy highlights their commitment to supporting a range of innovative startups, but their primary focus remains outside the travel sector.


13. Smart Money Ventures


Smart Money Ventures is a venture capital firm based in Sao Paulo, Brazil, founded in 2014. The firm specializes in investing in startups and providing strategic advisory services, particularly in technology and education sectors. Notably, they have invested in Worldpackers, a platform that facilitates cultural exchange through travel, and Pertoo, which also raised funding in the past. These transactions highlight their engagement in the travel and tourism context, although their primary focus remains on technology and education.


14. Thomson Reuters Costa Rica


Thomson Reuters Costa Rica is a corporate investor based in Heredia, Costa Rica, with a focus on providing legal services and information technology solutions. Founded in 1977, the company offers a wide range of products, including legal research tools, tax compliance software, and media solutions, primarily serving legal professionals, accountants, and various businesses. In addition to its core offerings, Thomson Reuters Costa Rica has made strategic investments in the travel and tourism sector, notably acquiring Simply Travel in April 2000. This acquisition led to Simply Travel's resignation from the Association of Independent Tour Operators (AITO), indicating a significant shift in its operational independence. Furthermore, Thomson Reuters Costa Rica participated in a seed round investment in Airside in December 2015, which, while not directly a travel company, is related to travel technology. These transactions highlight the company's engagement in the travel and tourism industry, alongside its primary business focus.


15. ChileGlobal Ventures


ChileGlobal Ventures is a not-for-profit venture capital organization based in Vitacura, Santiago, Chile, founded in 2008. The organization focuses on supporting innovative startups in Chile and Latin America through funding, mentorship, and consulting services. They aim to foster a vibrant entrepreneurial ecosystem by connecting investors with promising startups. Notably, ChileGlobal Ventures has invested in Wheel the World, which raised $2,000,000 in a seed round in August 2021 and $1,800,000 in another seed round in November 2020. Wheel the World is dedicated to making travel more accessible for people with disabilities, highlighting the organization's involvement in the travel and tourism sector. Additionally, they have invested in ZeroQ, although its relevance to travel and tourism is less clear. Overall, ChileGlobal Ventures demonstrates a commitment to supporting startups that can impact the travel and tourism industry positively.


16. WeBoost

  • Website: weboost.vc
  • Type: Corporate
  • Headquarters: Santiago, Santiago, Chile
  • Founded year: 2019
  • Headcount: 1-10
  • Number of deals in 2024: 2
  • LinkedIn: weboostvc

WeBoost is a venture capital firm based in Santiago, Chile, founded in 2019. The firm focuses on investing in and supporting startups in Latin America, providing both capital and strategic support to help these companies scale in a fragmented market. WeBoost targets technology-driven companies looking to expand their reach and improve their market presence. Notably, WeBoost has participated in funding rounds for Wheel the World, a startup that raised $6 million in a pre-Series A funding round in March 2023, and previously raised $2 million in a seed round in August 2021. Wheel the World aims to enhance travel accessibility for individuals with disabilities, showcasing WeBoost's engagement in the travel and tourism sector. Additionally, WeBoost invested in Legria, which raised $4.3 million in a pre-seed round, although the specific focus of Legria in relation to travel and tourism is less clear.


17. ArkFund


ArkFund is a venture capital firm based in San Francisco Tecoxpa, Ciudad De México, founded in 2016. The firm specializes in investing in early-stage startups across a variety of industries, including Fintech, Health, and Education. ArkFund is dedicated to supporting founders by providing capital, mentorship, and access to a community of experienced investors. Notably, they have invested in GuruHotel, which raised $240,000 in a Pre-Seed round on March 1, 2021, indicating their involvement in the travel and tourism sector. Additionally, they participated in the Seed round for Ancana, although the specifics of that investment are undisclosed. Through initiatives like their Angel School program and various workshops, ArkFund aims to enhance the skills and networks of both founders and investors, further solidifying their role in fostering innovation across multiple sectors, including travel and tourism.


18. Barn Investimentos


Barn Investimentos, officially known as Barn Consultoria e Gestão de Recursos LTDA, is a venture capital firm based in Sao Paulo, Brazil, founded in 2012. The firm specializes in Greentech investments across Latin America, focusing on sustainable technologies in various sectors, including agriculture, transport, and renewable energy. Barn Investimentos partners with businesses to develop investment strategies that promote environmental sustainability while achieving financial returns. Notably, they participated in a significant transaction in the travel and tourism sector by investing $1,600,000 in Worldpackers during its Seed Round in October 2016. Worldpackers is a platform that facilitates cultural exchange and travel opportunities, showcasing Barn Investimentos' engagement in the travel industry alongside their primary focus on sustainability.


19. 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. It specializes in early-stage investments across Latin America, focusing on supporting entrepreneurs with capital, co-founding assistance, and fostering a strong community of builders. Notably, Canary has participated in several transactions relevant to the travel and tourism industry, including a significant investment in Buser, a platform for shared charter and bus services. In a Series C funding round announced in June 2021, Buser raised R$700 million, with plans to invest R$1 billion in Brazil to enhance its services and cater to the domestic tourism market. This involvement highlights Canary's interest in the travel sector, alongside its broader investment strategy.



Travel and Tourism Insights: Key Investors in Latin America


InvestorHeadquarterSizeFoundedDeals 2024
bossa investSao Paulo, Sao Paulo, Brazil11-50201156
MonasheesSao Paulo, Sao Paulo, Brazil11-50200518
KaszekSao Paulo, Sao Paulo, Brazil11-50201117
Angel VenturesMexico11-5020082
Norte VenturesSao Paulo, Sao Paulo, Brazil1-10202011
IGneousChile1-100
DILA CapitalMexico City, Mexico City, Mexico11-5020051
G2 Momentum CapitalMexico City, Mexico City, Mexico1-1020112
Liil VenturesMexico City, Mexico City, Mexico1-1020171
Magma PartnersProvidencia, Santiago, Chile11-5020146
Nexxus CapitalMexico City, Mexico City, Mexico11-5019950
Beta Ventures LLCSao Paulo, Sao Paulo, Brazil1-1020160
Smart Money VenturesSao Paulo, Sao Paulo, Brazil11-5020141
Thomson Reuters Costa RicaHeredia, Heredia, Costa Rica51-20019774
ChileGlobal VenturesVitacura, Santiago, Chile11-5020080
WeBoostSantiago, Santiago, Chile1-1020192
ArkFundSan Francisco Tecoxpa, Ciudad De México, Mexico1-1020160
Barn InvestimentosSao Paulo, Sao Paulo, Brazil1-1020125
CanarySao Paulo, Sao Paulo, Brazil11-50201723


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