Updated:
Opera Ventures
Juan Pablo Ortega and Rappi alumni run Opera Ventures, writing $100k-$1M into LatAm's earliest startups with a 15-day close. Miami-based operator-led fund.
Opera Ventures
We are an early stage venture capital fund investing in Tech Startups in Latin America.
General information
Firm type
Venture Capital
Year founded
2021
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Miami
Corporate office
Miami, FL, United States
Principals
Juan Pablo Ortega
Founding team at Rappi & General Manager RappiBank
Guillermo Plaza
Founding team at Rappi & CPO RappiBank
Diego Alonso
Early employee & Head of Legal, Rappi
Jairo Escobar
Seed investor, Rappi
Sebastian Ruales
Early Employee & Commercial Director, Rappi
Sector focus
Frequently asked questions
Who runs investment decisions at Opera Ventures?
The founding partners make decisions collectively. The public-facing team consists of five Rappi alumni: Juan Pablo Ortega, Guillermo Plaza, Diego Alonso, Sebastian Ruales, and Jairo Escobar. All were early employees or investors at Rappi and helped scale the company before launching Opera Ventures.
How does Opera Ventures source proprietary deal flow?
Proprietary flow comes from the Rappi diaspora. The team spent over six years inside one of Latin America's highest-growth startups, building ties to founders, engineers, and early-stage operators across Colombia, Mexico, Brazil, and Argentina. That network surfaces deals before they reach institutional seed funds.
Is Opera Ventures structured as a single family office or does it operate like a venture firm?
Opera Ventures operates as an early-stage venture capital firm, not a family office. The partners invest external capital into technology startups across Latin America. Their structure pairs operator expertise with a streamlined fund vehicle rather than a multi-generational wealth-preservation mandate.
Does Opera Ventures participate in fund commitments or only direct deals?
Opera Ventures makes direct equity investments into early-stage startups. There is no public evidence the firm participates in fund-of-funds commitments or co-invests alongside institutional GPs. The website specifies check sizes between $100,000 and $1 million per startup.
How is Opera Ventures related to Rappi?
Opera Ventures is independent from Rappi. However, all five named principals are former Rappi operators or early investors. They cite Rappi CEO Simón Borrero as a reference, but no formal corporate venture affiliation exists between the fund and the company.
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