First believers
forever

We invest in founders who are
unraveling the challenges of Latin America.

We invest $50K in pre-seed and seed stage companies in Latin America.

We are UTEC's investment program . We are the only peruvian-based organization recognized by the Global Accelerator Network and one of the most active investors in Peru. 

We believe in founders. The founders are the key to Latin America's future development; we will have your back.

We start our investment with a program designed only for you, from 2 to 6 months, depending on your challenges. But our support is forever, offline, and remote.  

We help the best founders and their startups go to the next level and achieve their goals through this intensive hands-on personalized program based on knowledge, online and offline benefits, global connections, and our exceptional life-long UV community. If you want to know more, go to the frequently asked questions.

We believe in investing in the growth of founders who are willing to put in the work to solve real problems.

UV companies have been invested by YCombinator, Monashees, AVP, FJ Labs, Salkantay, GSV Ventures, and other leading funds. 

We believe in equity. Female founders lead 45% of our portfolio startups. We also launched one of the first programs for female founders in Latin America; if you want to know more about why and how we did it, go here.

65

Companies

150

Founders

$40M

Raised by the UV companies

$400M

Combined valuation

How do we
invest in you?

Step one: Apply!

It's important to us to have all available information to get you a quicker answer. With this information, we start the due diligence process.

Step two: Wait two days!

We will give you an answer if we continue the process within an ETA of 2 days. We will provide feedback if we decide not to continue the evaluation process. (We have an acceptance rate of 3%)

Step three:

If we continue with the due diligence process, it will be an intense four weeks that should end in the investment and the start of the personalized program.

How do we
invest in you?

First step: Apply!

It's important to us to have all available information to get you a quicker answer. With this information, we start the due diligence process.

Second step: Wait two days!

We will give you an answer if we continue the process within an ETA of 2 days. We will provide feedback if we decide not to continue the evaluation process. (We have an acceptance rate of 3%)

Third step:

If we continue with the due diligence process, it will be an intense four weeks that should end in the investment and the start of the personalized program.

FAQs

How is your personalized program?

Personalized support and knowledge: We generate a diagnostic with you, help you decide on the next goal post, and personalize our support to help you get there weekly. This support means everything from sourcing experts for you to talk to, to masterclasses and follow-up sessions about local expertise, industry and market insights, and the best practices about product, growth, operations, and fundraising. Always just a WhatsApp message away. 

Benefits: We also give you access to benefits like $1M in perks as services like AWS, Zendesk, and Stripe. We also have selected key providers (Legal, tech, design, growth) with special deals, soft-landing support, and many more.  

Global connections: Being in the right place at the right time can lead to many opportunities. We connect you with regional and international networks (Investors, corporations, mentors, startups, and other ecosystem partners) and endorse you for opportunities in the worldwide startup ecosystem. From introductions to follow-ups, closings, and negotiations, our network has allowed our companies to form some of their most valuable partners. 

Founder-driven community: More than 150 founders in our community from all backgrounds are ready to jump on a call to help each other. You don’t have to accomplish one of the most hardcore things to do alone.

What is the weekly schedule?

Expect to commit 8 hours a week to this program.

What founders can or should apply for investment? In what type of industries do you focus?

Founders of pre-seed and seed startups from Latin America, or as we say, you can come from the very beginning of your journey and lead the way.

PS: We are agnostic of the industry, so don’t worry if you think your sector is too atypical; we love atypical.

Is it ever too early to approach UTEC Ventures about investing?

It’s never too early to reach out and apply. Even if you are not selected, we will give you feedback. If you can’t answer one of the questions on our form, don’t worry; just answer, “It doesn’t apply to us right now.”

Is it ever too late to approach UTEC Ventures about investing?

It’s never too late to reach out and apply. Several of our UV companies had product scaling when we started working together. Even if you are not selected, we will give you feedback.

When is the best time to contact UTEC Ventures about investing?

As soon as possible. We invest in founders; the more we know about you over time, the better.

Do I have to be from Perú to apply?

Not at all; we have received startups from Mexico, Colombia, Argentina, Chile, Bolivia, Spain, the US, the UK, and Finland. We firmly believe that the talent to build great companies comes from anywhere, so we are always looking for the best founders that will bring huge change to our region.

Do the investment and program have to be in person?

Not at all, everything is remotely, but we would love to see you in our coworking space!

Can I apply if I’ve already raised funding?

Yes. While we’re usually the first money in, we’ve worked with a number of teams that raised friends and family round before coming to us.

What are you looking for in founders and their startups?

First, we look for ambitious founders committed to the vision that makes them unstoppable, self-aware of their strengths and weaknesses, and focused on execution.  Also, they are open, transparent, trusting in working with others, and resilient because they know that building a startup is no easy task.   

These founders are ready to scale their companies, are passionate, are obsessed with the problem they are addressing, and understand their complexity and relevance profoundly. 

Second, we look for founders who know which market they are aiming for, how big it is, the timing, and how the growth dynamics work for a comprehensive go-to-market strategy. You have to build your startup with a solid foundation. Let’s say you win the whole thing. Is it worth winning? Some markets are more rewarding than others.

Thirdly, for the startup as a company, we evaluate it under the following parameters: market, vision, problem, traction, and product; if you want to know more, enter here.

How can I make a great application?

Be honest and straightforward about the team and the company's vision. We know you are an early-stage startup with challenges, but we are excited to listen to what you already have and where you want to be. We want to back founders that know this and still go forward. Don't hesitate to put all the information you have; everything helps to understand better what you are building. We don’t expect you to have it all figured out. We’ll build everything else together.

How is the due diligence process, and how much time does it take?

The process starts with the completion of the application form. After that, we will give you an answer with an ETA of two days; if it is positive, we will continue the process for four weeks, during which we will analyze every detail with our committee; if it is not, we will give you feedback. Finally, after four weeks, we decided if we invest and start the personalized program.

What is the application deadline?

Applications are reviewed on a rolling basis. Rolling admissions means that you can apply to UV anytime. There is no cutoff date; if accepted, you will start asap.

How many founders are accepted into the program?

We don’t have a number to share, but we have an acceptance rate of 3%. We don't just invest, we are your first believers forever. That means we build not for the next months but the next years and dedicate sweat and time to supporting you. Because of our selectivity with whom we believe, we make fewer investments than a typical early-stage investor. 

Disclaimer: We can be wrong, and in that case would love to know how you are doing.

What happens after the personalized program?

The program is just the beginning of the relationship between us as partners. We will support you forever (We have been helping startups since six years ago).

Can I apply if I am a solo founder?

Yes.

I have more questions that are not answered here; where can I ask them?

Don't hesitate to schedule a 5-minute call with Rodrigo Fajardo, manager of the investment program, here.

Hey! If you are here,
you are a founder.

Tell us what you’re working on; we always want to
meet and partner with founders and exceptional startups.