# Kaszek Ventures Kaszek Ventures is a Venture Capital based in São Paulo, Brazil. ## Overview - **Organization type:** Venture Capital - **Headquarters:** São Paulo, Brazil - **Region:** Latin America - **Address:** São Paulo, Brazil - **Founded:** 2011 - **Assets under management:** Undisclosed - **Website:** www.kaszek.com - **LinkedIn:** https://br.linkedin.com/company/kaszek-ventures ## Regulatory record - **Reports private funds:** No ## About Kaszek is a firm of tech entrepreneurs partnering with founders in Latin America. Beyond capital, they provide first-hand expertise in strategy, operational execution, team-building, growth, technology, product development, networking, and fundraising. They work alongside entrepreneurs to help build the next generation of Latin American iconic companies. Their core is technology, investing where innovation can drive disruption and value creation across the region. ## Sectors - Enterprise Software - FinTech - Digital Health - AI/ML - PropTech - AgriTech & FoodTech - Education ## People - Hernán Kazah — Co-Founder & Managing Partner - Nicolás Szekasy — Co-Founder & Managing Partner ## Questions ### How did Kaszek's founders' experience at MercadoLibre shape the firm's investment strategy? Hernán Kazah and Nicolás Szekasy spent over a decade building MercadoLibre from a Buenos Aires startup into a publicly traded company now worth more than $50B. They lived through the operational challenges of scaling a technology business in Latin America — logistics fragmentation, payment infrastructure gaps, and limited local venture capital. This experience informs Kaszek's preference for founders tackling structural inefficiencies in the region, particularly in fintech, logistics, and digital commerce. The firm's pattern-recognition advantage is concentrated in marketplace and platform models. ### What investment stages does Kaszek Ventures target? Kaszek invests from seed through pre-IPO. The firm's flagship vehicles are early-stage-oriented, with heavy concentration at seed and Series A. Parallel growth-stage funds allow Kaszek to lead or co-lead larger rounds for its highest-conviction portfolio companies, often investing $20M to $60M in single growth rounds. The firm does not operate a separate late-stage fund brand — all capital is managed under the Kaszek umbrella. ### How does Kaszek source proprietary deal flow in Latin America? The firm's co-founders are among the most networked operators in Latin American technology. Kazah and Szekasy's MercadoLibre tenure gives them direct relationships with many of the region's most successful founders and early employees, who in turn refer emerging entrepreneurs to Kaszek. The firm maintains a reputation for being a first-call investor for serial founders spinning out of Nubank, MercadoLibre, Rappi, and other regional unicorns. ### Which countries does Kaszek Venture cover? Brazil is Kaszek's largest and most active market by deal count and capital deployed. Mexico is the second most significant geography, followed by Argentina and Colombia. The firm evaluates select opportunities in Chile, Peru, and Uruguay. Kaszek does not invest outside Latin America — its mandate is deliberately constrained to Spanish-speaking and Portuguese-speaking markets. ### Does Kaszek participate in fund commitments or only direct deals? Kaszek deploys nearly all its capital through direct equity investments in operating companies. The firm is not a fund-of-funds and does not invest as a limited partner in other venture firms. It occasionally co-invests alongside global multi-stage managers in large growth rounds, particularly when a portfolio company requires follow-on capital exceeding Kaszek's pro-rata capacity. ### Who runs investment decisions at Kaszek? All investment committee decisions are made by the co-founder managing partners, Hernán Kazah and Nicolás Szekasy. The firm has a flat partnership structure with no publicly disclosed junior partners authorized to approve investments independently. ### Is Kaszek a corporate venture arm of MercadoLibre? No. Kaszek Ventures is an independent venture capital firm. MercadoLibre does not hold an ownership stake in Kaszek, and Kaszek does not invest MercadoLibre's balance-sheet capital. The connection is purely historical — both founders are former MercadoLibre executives who built the company before launching their own firm. ## Related profiles - [Kassabov Santos Ventures](https://altss.com/profile/kassabov-santos-ventures) - [Katalista Ventures](https://altss.com/profile/katalista-ventures) --- Last updated: 2026-08-11T15:07:12.582Z Canonical page: https://altss.com/profile/kaszek-ventures Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology