100 Fundadores

100 Fundadores

100 Fundadores was launched in 2017 by Alexander Sjögren and João Melo with a thesis that Latin America's top technical founders were underserved by local venture capital and overlooked by Silicon Valley. The firm established dual headquarters in Miami and São Paulo, positioning itself at the intersection of Latin American deal flow and US limited partners. Its name — Spanish for '100 Founders' — signals the original ambition to back precisely that many founding teams, a milestone the firm has since approached through systematic, high-conviction investing. The firm runs a sector-agnostic early-stage strategy, targeting seed through Series A rounds with initial checks typically ranging from $500,000 to $3 million. Core sectors across the portfolio include enterprise software, fintech, digital health, proptech, agritech, and mobility. Publicly confirmed positions include Colombian delivery unicorn Rappi, Brazilian logistics platform Loggi, corporate wellness company Gympass, and proptech marketplace Loft. The firm also participates in follow-on rounds for breakout portfolio companies, often alongside US crossover investors who enter the region after 100 Fundadores has established the position. 100 Fundadores operates with a lean partnership structure from offices in Miami and São Paulo. Its limited partner base draws from US-based family offices, funds of funds, and institutional allocators seeking curated access to Latin American venture. In September 2023, the firm marked a portfolio milestone with Rappi's continued expansion into adjacent verticals, reflecting the maturation of the cohort the firm backed at seed stage (per Bloomberg, September 2023). The firm does not publicly disclose AUM, though its deployment pace and portfolio count imply a managed capital base consistent with a first- or second-vintage venture firm actively deploying from a committed fund vehicle. The structural differentiator is geographic arbitrage executed through operator DNA. Unlike US generalist funds that allocate a small percentage of capital to Latin America, 100 Fundadores was purpose-built for the region's founder networks, regulatory environments, and exit pathways. Both co-founders operate bilingually and split time between markets, giving the firm a sourcing advantage that generalist competitors cannot replicate without dedicated regional partners. This model mirrors the early playbooks of Southeast Asia-focused venture firms that later produced outsized returns relative to US-only benchmarks.