# Falabella Ventures

Falabella Ventures is a Venture Capital based in Santiago, Chile.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Santiago, Chile
- **Region:** Latin America
- **Address:** Santiago, Chile
- **Assets under management:** Undisclosed
- **Website:** investors.falabella.com

## Regulatory record

- **Reports private funds:** No

## About

Falabella is a company with a presence in 9 countries, including Chile, Peru, Colombia, and others. The company has reported a 22% growth in utility in the first trimester of 2026, reaching US$253 million. Falabella has also been rated by Feller Rate, which improved its solvency classification from AA- to AA.

## People

- Solari Family — Founder
- Del Rio Family — Business Partner
- Cuneo Family — Business Partner

## Questions

### Who runs investment decisions at Falabella Ventures?

The firm does not publicly name an independent CIO or managing partner for the venture arm. Governance flows from the Falabella S.A. board, which represents the controlling Solari, Del Rio, and Cuneo families. In 2024 the parent company restructured subsidiary boards to include external directors with global operating experience, signaling a formalization of investment oversight.

### How does Falabella Ventures source proprietary deal flow?

Sourcing exploits Grupo Falabella's physical-digital ecosystem — 35 million customers, over 500 stores and shopping centers, and financial-services data across Chile, Peru, and Colombia. The venture arm can observe consumer behavior, pilot technologies in retail or logistics, and get early visibility into startups that serve or disrupt the group's core operations. Membership in ACVC and LAVCA provides additional regional deal flow.

## Related profiles

- [Fajr Capital](https://altss.com/profile/fajr-capital)
- [Falak Startups](https://altss.com/profile/falak-startups)

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Last updated: 2026-07-10T23:16:21.000Z

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