Gilgamesh Ventures

Miguel Armaza and Andrew Endicott serve as Co-Founders and Managing Partners. Armaza is the most externally visible principal due to his role as host of the widely followed Wharton FinTech Podcast, which he uses to build founder relationships from Manhattan to São Paulo.

Armaza's podcast is effectively a content-driven origination engine. By recording hundreds of long-form interviews with fintech founders globally, the firm builds relationships with operators before they formally enter a fundraising cycle, often getting a first look at pre-Seed and Seed rounds that bypasses the usual advisor-and-banker networks.

Gilgamesh writes direct checks into startups, almost exclusively at the Seed and pre-Seed stages. The firm does not publicly operate a fund-of-funds program or act as a feeder into other venture managers. Its capital goes directly to founder equity.

Pre-Seed and Seed stage. The firm positions itself for first-check and earliest institutional round dynamics, typically entering before a Series A lead is in place. It focuses on capital-efficient B2B models that can demonstrate product-market fit with modest initial spend.

The firm publicly avoids consumer-facing neobanks and direct-to-consumer lending apps. Instead, it concentrates on the compliance, data, payments, and infrastructure layers — the 'picks and shovels' of financial services — where customer acquisition costs are lower and regulatory moats are deeper.

Yes, the firm selectively invests in Latin America, particularly fintech infrastructure startups in Mexico, Colombia, and Brazil. This follows Armaza's personal network and the maturation of LatAm's real-time payments rails, which have created new opportunities for B2B financial software.

Gilgamesh more commonly participates or co-leads rather than leading outright. The firm prefers dense, low-check-size portfolios and relies on syndicate partners for valuation leadership and board governance, keeping its own operational footprint lean.