Chile Ventures

Eduardo Errázuriz, a member of the Chilean Errázuriz family, serves as Founder and Managing Partner and leads the investment team. The firm does not publicly disclose a CIO or separate investment committee structure beyond his role (public record).

The firm leverages the Errázuriz family's network in Latin American business and finance, particularly in Chile, Brazil, Colombia, and Mexico. Chile Ventures also runs a co-investor program with several wealthy families, expanding their sourcing reach through those families' connections. They have appeared as a co-investor alongside local VCs such as Kaszek Ventures and monashees on select rounds (per public reports).

Chile Ventures operates as a hybrid — it functions as a single-family office for the Errázuriz family but also acts as a multi-family office for a small group of other Latin American families. From a strategic standpoint, it deploys capital in a venture-like manner through direct equity stakes in early- to growth-stage companies, but it does not manage external limited-partner capital beyond these co-investors.

The firm primarily does direct co-investments and lead investments alongside its network families. There is no public record of it committing capital to external venture funds as an LP, though it has co-invested on deals with local VCs. Its vehicle structure may include both proprietary SPVs and fund vehicles (e.g., a climate-tech fund reported in early 2024).

Chile Ventures focuses on Series A and B rounds, occasionally participating in early growth-stage rounds. Its average check size is $1 million to $5 million, per known deals and public reports. The firm generally leads or co-leads if it brings a co-investor network into the round.

Chile Ventures has not publicly disclosed sectors it avoids. However, its portfolio concentrates on FinTech, enterprise software, and climate-tech, with publicly known investments in financial infrastructure and carbon offset platforms. It does not appear to invest in life sciences, hardware-intensive manufacturing, or consumer goods beyond what is adjacent to its core technology focus.

Chile Ventures was founded by Eduardo Errázuriz, a member of one of Chile's most established business families. The Errázuriz family historically held control of Banco de Chile and significant real estate assets. The firm manages capital that originated from those holdings but now also accommodates other families. The family maintains a separate philanthropic foundation focused on education and social development.