MatterScale Ventures: Company Profile
Background
Overview
MatterScale Ventures is a New York-based venture capital firm established in 2019, dedicated to investing in early-stage startups that leverage technology to provide high-quality, affordable, and accessible services. The firm primarily focuses on sectors such as education, healthcare, financial services, security, and employability, aiming to democratize essential services through innovation.
Mission and Vision
MatterScale Ventures is committed to supporting entrepreneurs who are redefining the future of various industries by offering services that cater to the majority. The firm's mission is to empower startups that utilize technology to enhance people's quality of life by providing accessible and affordable services.
Industry Significance
By focusing on sectors critical to societal well-being, MatterScale Ventures plays a pivotal role in fostering innovation that addresses significant challenges in education, healthcare, and financial services. The firm's investments contribute to the growth of startups that aim to make essential services more accessible and affordable, thereby impacting a broad demographic.
Key Strategic Focus
Core Objectives
MatterScale Ventures aims to identify and support early-stage startups that are leveraging technology to provide high-quality, affordable, and accessible services. The firm focuses on sectors such as education, healthcare, financial services, security, and employability, with a particular emphasis on startups with a clear mission to improve people's quality of life.
Areas of Specialization
The firm's strategic focus includes:
- Education: Investing in startups that enhance learning experiences and accessibility.
- Healthcare: Supporting companies that provide affordable and quality healthcare services.
- Financial Services: Backing ventures that democratize financial services for a broader audience.
- Security: Investing in technologies that enhance personal and data security.
- Employability: Supporting platforms that improve job opportunities and workforce development.
Key Technologies Utilized
MatterScale Ventures invests in startups that apply various technologies, including artificial intelligence, data analytics, and digital platforms, to deliver innovative solutions in the aforementioned sectors.
Primary Markets Targeted
The firm primarily targets startups located in the Americas, particularly those with a Latin American focus or founders, aiming to improve services for the majority.
Financials and Funding
Funding History
MatterScale Ventures has raised an undisclosed amount of capital to date. The firm typically invests between $150,000 and $750,000 in pre-seed to Series A funding rounds, with the capacity to build syndicates for larger investments.
Recent Funding Rounds
Specific details about recent funding rounds are not publicly disclosed.
Notable Investors
The firm's investments are supported by a diverse group of investors, including individuals and entities with backgrounds in supporting entrepreneurs across the Americas.
Utilization of Capital
The capital raised is utilized to support early-stage startups in their growth and development, focusing on sectors that aim to democratize essential services through technology.
Pipeline Development
Key Pipeline Candidates
MatterScale Ventures has invested in several startups, including:
- Nilo Labs: Developing a B2B SaaS ecosystem to empower sellers in their digitalization journey.
- Celes: Building a SaaS platform that uses AI to help retailers improve procurement, inventory, customer loyalty, and pricing.
- Glim: Aiming to reinvent salaries by providing formal full-time employees with digital salary services.
- Quaddro: Offering productivity tools to small, self-employed service providers in Latin America.
- Bia Energy: Focusing on optimizing and reducing energy consumption for SMEs in Latin America.
- Pulppo: Providing a platform to dignify the work of independent home brokers and enhance their productivity.
- Immigo: Helping immigrants learn English through small, personalized cohorts.
- 1Mentor: Offering better job opportunities for undergraduate students in the Americas.
- Hunty: Providing high-quality jobs to individuals in Latin America.
- Isa: Delivering high-quality and affordable healthcare services to Brazilians.
- Elevva: Assisting small e-commerce merchants in scaling their businesses.
- Manzana Verde: Offering healthy and delicious food plans to everyone in Latin America.
- Moova: Addressing last-mile delivery challenges in Latin America.
- 1DOC3: Providing affordable and accessible primary healthcare to every person in Latin America.
Stages of Development
The portfolio companies are at various stages, from pre-seed to Series A, reflecting MatterScale Ventures' commitment to supporting startups at different growth phases.
Target Conditions
The startups aim to address challenges in sectors such as education, healthcare, financial services, and employability, with a focus on improving accessibility and affordability.
Anticipated Milestones
Specific timelines for anticipated milestones are not publicly disclosed.
Technological Platform and Innovation
Proprietary Technologies
MatterScale Ventures invests in startups that develop proprietary technologies, including AI-driven platforms, digital service solutions, and data analytics tools, to address challenges in their respective sectors.
Significant Scientific Methods
The firm supports startups employing various scientific methodologies, such as machine learning algorithms, data-driven decision-making, and digital transformation strategies, to innovate and improve service delivery.
Leadership Team
Executive Profiles
- Fernando Fabre: Managing Partner, based in Mexico City, Mexico. Former President of Endeavor Global for 8 years and director at Endeavor Catalyst Fund I & Fund II. Co-founded Collective Academy and serves as an Adjunct Professor of Scaling Up at Columbia University.
- Gabriela Macagni: Managing Partner, based in Buenos Aires, Argentina. Former Managing Director of Endeavor Argentina for 6 years and Supervielle Director, responsible for its $10M CVC. Over $3B in investment banking and M&A transactions at Citi.
- Adriana Suarez: Former Managing Director of Endeavor Colombia for 7 years, with experience in investment promotion, angel investing, and coaching top entrepreneurs.
- Antonio Lück: Former Managing Director of Endeavor Detroit for 5 years, with experience managing over $140M AUM in startup investments for the Michigan Economic Development Corporation.
- Roberto Charvel: Former GP and Managing Partner with expertise managing 300+ transactions and $2.5B AUM in PE, real estate, and venture funds.
Key Contributions
The leadership team brings extensive experience from organizations like Endeavor, contributing to the firm's strategic direction and support for entrepreneurs across the Americas.
Competitor Profile
Market Insights and Dynamics
The venture capital landscape in Latin America is evolving, with increasing interest in startups that address societal challenges through technology. The market is characterized by a growing number of early-stage investments and a focus on sectors that aim to democratize essential services.
Competitor Analysis
Key competitors include other venture capital firms focusing on early-stage investments in Latin American startups, such as Cometa Ventures and Amador Holding. These firms also target sectors like technology, healthcare, and education, aiming to support startups that address significant societal challenges.
Strategic Collaborations and Partnerships
MatterScale Ventures collaborates with various investors and partners to support its portfolio companies, including Cometa Ventures, Amador Holding, and Rallycap Ventures. These partnerships enhance the firm's ability to provide comprehensive support to startups in its portfolio.
Operational Insights
MatterScale Ventures differentiates itself through its focus on sectors critical to societal well-being and its commitment to supporting startups that aim to democratize essential services. The firm's leadership team, with backgrounds in organizations like Endeavor, provides a strong network and expertise to its portfolio companies.
Strategic Opportunities and Future Directions
Strategic Roadmap
MatterScale Ventures plans to continue identifying and supporting early-stage startups that leverage technology to provide high-quality, affordable, and accessible services. The firm aims to expand its portfolio in sectors such as education, healthcare, and financial services, with a focus on startups that address significant societal challenges.
Future Business Directions
The firm intends to deepen its presence in Latin America and the U.S., leveraging its regional connections to support startups with a global mindset. MatterScale Ventures plans to enhance its support for portfolio companies through strategic partnerships and by providing resources that facilitate growth and scalability.
