Created in 2013, through the Mercado Libre Corporate Venture Capital Fund we invest in technology companies that drive the growth of the digital ecosystem in Latin America. We continually look for opportunities in the main countries in which we operate, with the aim of adding value to companies in different phases of their development.

In Argentina, Brazil, Chile and Mexico, we have invested in 27 companies that have a current estimated valuation of more than 9 billion dollars. We focus on technological solutions that improve the user experience in online processes (Artificial Intelligence, blockchain, anti-fraud, insurance, etc.), as well as in associated businesses (example: logistics) and digital finance.

We have two investment strategies according to the stage of the company and the existing synergies with a Mercado Libre business unit:

• Business Development: it is an investment focused on companies at an early stage, with a clear synergy with MELI - our investment varies between USD 50,000 and 300,000.
• Opportunities: we invest in more advanced stages, in companies that generate innovative solutions for digital commerce. This strategy is focused on companies that are in a pre Series A / Series A and the average investment is between USD 300,000 and 1,000,000.

The investment we make is not only in money. We are a corporate investment fund, this means that we seek to add value from the Mercado Libre business. When we invest, we seek to improve the synergies between the invested company and Mercado Libre.

For this, a person from the MELI team is assigned to each company so that they can accompany them in their growth and support them in whatever they need. In parallel, we organize events and meetings with our teams so that there is a transfer of knowledge and experiences to entrepreneurs.

Our goal is to support the entrepreneurial ecosystem, promote scalable technologies and be able to add value to large teams of people. We are strongly committed to the growth of the digital ecosystem in the region: economic development is essential for the sustainability of our business and to advance our purpose of democratizing trade and financial services in Latin America.

More information on the Meli Fund website.