Outbound Ventures

The firm's website identifies Luis Gonzalez and Jimmy Thermiotis as the team, listing no other investment professionals and no formal titles or external investment committee. Allocation decisions appear to sit with them directly, typical of an early-stage partnership where principals source and approve deals personally.

Outbound does not publicly detail its sourcing process. The portfolio's concentration in Latin America — payments startup Fortú, retail platform Treinta, ISP Siglo — combined with a New York headquarters suggests grassroots networks in both markets, likely built through founder referrals and regional ecosystem relationships rather than a formal scouting program.

Outbound operates as an asset manager, not a single-family office. It self-describes as a private equity firm making early-stage investments and does not reference managing a single family's wealth. Its website presents an institutional, thesis-driven mandate rather than a family-office stewardship structure.

Available information only confirms direct investments into portfolio companies. Outbound's website lists individual company names — Dandy, Cann, Laika — without reference to fund-of-funds commitments or LP positions in external vehicles. Its operational pattern aligns with a direct, check-writing model.

The portfolio reflects seed and early-stage bets: consumer brands (Better Booch kombucha, Junzi Kitchen fast-casual food) launching in their home markets, and B2B platforms (Butter food wholesale, Fitco fitness management) building initial user bases in Latin America. Some holdings, like Moonshot Brands, indicate participation in growth-stage e-commerce consolidation, but the center of gravity is early, often pre-Series A.

The firm does not publish a negative screening list, but its stated manifesto — consumer brands with a "grew up digital" mindset and technology enhancing brand-consumer interactions — effectively excludes hard tech, deep science, and heavy industry. No biotech, semiconductor, or enterprise infrastructure plays appear in the disclosed portfolio.

Outbound has not publicly commented on co-investment practices, and its site does not list external investment partners or syndicate structures. Given the early-stage nature of the portfolio, most rounds likely involve other venture firms and angel investors, but no specific co-investor relationships are disclosed.