# Marathon Ventures

Marathon Ventures is a Venture Capital based in Bogota, Colombia.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Bogota, Colombia
- **Region:** Latin America
- **Address:** Bogota, Colombia
- **Founded:** 2004
- **Assets under management:** Undisclosed
- **Website:** marathonvc.com
- **LinkedIn:** https://www.linkedin.com/company/marathonvc

## Regulatory record

- **Reports private funds:** No

## About

Marathon Ventures is a revenue-focused venture firm that invests in founders at the earliest stage. Its mission is to build and back the most impactful B2B solutions with the region's top talent and drive innovation, social mobility and economic growth in Latin America. The firm catalyzes companies through a 360 support approach and helps portfolio founders connect with the greater LatAm business community.

## Sectors

- B2B solutions in Latin America / emerging markets

## People

- Alejandro Echavarria — Managing Partner
- Leon Papu — Managing Partner
- Angelica Berrocal — Senior Talent Partner
- Cesar Figueredo — Investment Analyst

## Questions

### Where does Marathon Ventures primarily invest?

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.

### Is Marathon Ventures currently deploying from an active fund?

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.

### Who makes investment decisions at Marathon Ventures?

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.

## Related profiles

- [Marathon Venture Capital](https://altss.com/profile/marathon-venture-capital)
- [Marbruck Investments](https://altss.com/profile/marbruck-investments)

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Last updated: 2026-08-11T15:07:19.634Z

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