Kaszek Ventures
UnclaimedAt a Glance
- Check Size
- $500K – $50M
- Stage
- Seed, Series A, Series B+
- AUM
- $3B
- Sectors
- Fintech, Consumer, Enterprise +1
- Founded
- 2011
- HQ
- Buenos Aires, Argentina
About Kaszek Ventures
Kaszek Ventures was founded in 2011 by Hernan Kazah and Nicolas Szekasy, co-founders of MercadoLibre, Latin America's largest e-commerce platform. Drawing from their experience building one of the region's most successful tech companies, the partners established Kaszek as the premier venture capital firm focused exclusively on Latin America. The firm has become synonymous with backing category-defining companies across the region, with a particular strength in fintech and marketplaces.
Their investment approach combines deep regional expertise with operational experience, providing hands-on support to entrepreneurs navigating the unique challenges of building technology companies in Latin America. Kaszek has backed some of the region's most valuable startups, including Nubank (Brazil's digital banking giant), QuintoAndar (proptech platform), and Gympass (corporate wellness platform). The firm's success stems from its founders' credibility in the ecosystem and their ability to spot entrepreneurs who can execute on large market opportunities across multiple Latin American countries.
Investment Thesis
“Backs technology entrepreneurs building transformative companies across Latin America, leveraging deep regional operating expertise.”
Sector Focus
Investment Stage
Notable Portfolio Companies
Key Team (2)
Hernan Kazah
Co-Founder & Managing Partner
Nicolas Szekasy
Co-Founder & Managing Partner
Fund History
- Kaszek's fund history is unusually clean in the SEC record because every vehicle sold out at its offering amount.
- Kaszek Ventures I, LP took $56.375 million with a first sale on September 19, 2011.
- Fund II arrived in January 2014 across three parallel partnerships, II, II-A and II-B, at $47.725 million, $44.5 million and $42.775 million, roughly $135 million combined.
- Fund III closed $200 million in May 2017.
- In August 2019 the firm raised two vehicles at once, Fund IV at $375 million and Opportunity I at $225 million, a $600 million pairing.
- It repeated the structure at larger scale in May 2021, Fund V at $475 million and Opportunity II at $525 million for a $1 billion raise, and again in March 2023 with Fund VI at $540 million and Opportunity III at $435 million.
- Cumulative disclosed commitments across these partnerships come to roughly $3 billion.
- Hernan Kazah and Nicolas Szekasy are the directors named on every filing.
Frequently Asked Questions
What stage does Kaszek Ventures invest at?
Kaszek Ventures primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
Where is Kaszek Ventures located?
Kaszek Ventures is headquartered in Buenos Aires, Argentina. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Kaszek Ventures focus on?
Kaszek Ventures focuses on investments in Fintech, Consumer, Enterprise, Marketplace. Their portfolio reflects deep expertise and networks within these sectors.
What is Kaszek Ventures's typical check size?
Kaszek Ventures's typical investment check size ranges from $500K to $50M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Kaszek Ventures have under management?
Kaszek Ventures manages approximately $3B in assets under management (AUM) across their funds.
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