Introduction

LatAm Seed Fund,

B2B Focused, Sector specific. Auth0 is an enterprise identity & authentication platform Developer-centric and product-led, they exemplify what we find so attractive in B2B SaaS startups They were acquired by Okta in May 2021 for $6 5bn We are proud to have been their first check back in 2014

Cobli is a fleet management and telematics platform offering vehicle monitoring and analytics 91% of LatAm’s 27m commercial fleets are still offline and Cobli intends to change that They announced their Series B led by Softbank in July 2021

When is the best time to approach NXTP for a potential investment?

What types of businesses do you typically invest in?

We predominately invest in B2B companies in pre-seed stage and seed-stage companies, usually becoming the first institutional check into the business We also invest at the Series A stage, although a little less frequently

Do you focus on specific sectors?

description

Yes We are a sector-specific and thesis-driven fund (vs agnostic) and focus on the following domains:

AI and Data-Driven Businesses We believe that in order to be great partners, we need to thoroughly understand what you are building By exclusively focusing on B2B businesses in certain domains, we have accumulated strong institutional knowledge after having evaluated thousands and worked with 50+ businesses in our core domains

Furthermore, at NXTP, we have developed a wide network of sector-specific experts we put at your disposal to help you sort through the toughest challenges your business faces Oftentimes, the experts in our network are retained by founding teams to take on more formal roles as advisors, board members, or angel investors They include people at companies such as Hubspot, Coupa, Stripe, Auth0, Twilio, and Zendesk, to name a few

What do you look for in founders?

As early-stage investors, the quality of the founding team is hands-down the most important selection criteria If you are a founder and are wondering how we evaluate founding teams, here are a couple of pointers:

Obsession and unwavering commitment to your company’s mission
Strong leadership qualities and ability to inspire and effectively communicate your company’s vision to new hires and investors
Clear founder-market fit and domain expertise
Intellectual curiosity and hunger to learn and improve
Excellence in prior business and non-business-related experiences
Data-driven approach to company with a good understanding of key drivers of your business

What is your investment process and how long does it take?

We have written a longer piece answering this question Please follow this link to read the full article

How do you evaluate investment opportunities?

You can find a more detailed answer on what we look for in a start-up here, but most of our analysis focuses on evaluating:

The market you are operating in
The product you are building, and
The business model you are applying

Firing Your Staff: A Guide to Doing it Right

Given the extreme markets of today, which are swinging violently between rewarding growth at all costs to demanding profitability, restructuring of the workforce and massive layoffs are becoming widespread

Cash is King: LatAm’s top-funded startups go shopping

It is no news that in the past 4 months Latin American startups have increasingly struggled to raise additional capital from VC funds

Our Investment in Inventa

When we met Marcos, Fernando, and Laura in mid-2021, Inventa was only a Powerpoint presentation The team’s energy and passion for the business were infectious and as mission-driven founders with exceptional track records, it did not take long for us to get excited about their ambitious vision to become the leading B2B marketplace for wholesale retail in Latin America

Ten years ago, after selling my startup to theFox International Channels, a division of NewsCorp ( NWS), I wrote my first book, Entrepreneurial Learning (‘Aprender a Emprender’)