Marathon Ventures

Marathon Ventures focuses on early-stage investments, specifically seed and pre-seed rounds. The firm positions itself as a first-check investor, providing initial institutional capital to technology startups in Colombia. This stage specificity suggests the firm engages at the point of product development and early market testing.

The firm's investment activity is concentrated in Colombia, with a particular focus on the Andean region. Unlike larger Latin American funds that allocate across Mexico, Brazil, and the Southern Cone, Marathon Ventures applies a single-country mandate. This geographic concentration reflects a strategy built on local market knowledge and Bogotá-based networks.

As of mid-2026, no public filings or press releases confirm the vintage year, size, or close of a specific Marathon Ventures fund. The firm's website offers minimal detail on its capital structure. This absence of public fundraising data is not unusual for emerging managers at the micro-VC level in Latin America, many of whom raise on a deal-by-deal basis or via undisclosed special-purpose vehicles.

Marathon Ventures operates alongside a modest but growing set of early-stage managers in Colombia. The firm differentiates implicitly through its singular geographic focus and narrow stage mandate. Larger regional peers often dilute their attention across multiple Andean countries, whereas Marathon Ventures' Bogotá-centric model may allow deeper sourcing within Colombia's startup ecosystem.

Specific principals and investment committee members for Marathon Ventures are not publicly documented as of mid-2026. The firm has not disclosed its partnership structure through standard channels such as LinkedIn profiles, Crunchbase contributor records, or domestic Colombian corporate registries. This staffing opacity is a noted gap in the firm's public narrative.