IMPAQTO Capital is a mission-driven investment firm focused on closing the capital gap for early-stage impact ventures in Latin America. Launched as a spin-off from the IMPAQTO social enterprise ecosystem, the firm targets companies in Ecuador, Peru, Colombia, and Bolivia working in sectors like education, health, sustainable food systems, and climate resilience.
Portfolio Focus
Asset class
Growth-Stage Venture Capital (Series B or C)
Private Credit
Revenue-Based Financing
Impact theme
Climate & Environmental Sustainability
Climate Adaptation & Resilience
Regenerative & Sustainable Agriculture
Food Systems
Economic Opportunity & Inclusion
Investment geographies
Latin America and the Caribbean
Key people
Justin Schwartz
Executive
Michelle Arévalo-Carpenter
Co-Founder & General Partner
Rick Kellett
Strategy Lead
LinkedIn
Amazon Andes Fund
Ecuador
Asset class:Growth-Stage Venture Capital (Series B or C)
Investment geographies:Latin America and the Caribbean
About the fund
IMPAQTO Capital's Amazon Andes Fund is the firm's third vehicle, deploying growth equity, private credit, and revenue-based financing to mid-market processors, exporters, and ingredient companies specializing in cacao, specialty coffee, and natural products across the Andean Amazon region. The fund pursues a value-chain strengthening strategy designed to redirect capital from extractive agricultural and mining models toward sustainable farming systems that increase smallholder farmer participation and economic value capture. Operating across Latin America and the Caribbean, it targets climate and environmental sustainability alongside economic inclusion and SME development as core impact objectives. The fund is incubated by the Global Innovation Lab for Climate Finance and seeks capital from development finance institutions and institutional investors. It is currently in fundraising.
Investment geographies:Latin America and the Caribbean
About the fund
IMPAQTO Capital's Fund II is a private credit vehicle deploying larger-sized investments across Latin America and the Caribbean, with a focus on impact companies delivering essential services, advancing agricultural development, and strengthening climate resilience. The fund targets small and medium-sized enterprises and growth-stage companies, combining economic opportunity and inclusion with climate adaptation objectives. By emphasizing basic services and agricultural sectors, the fund addresses foundational development needs while building climate-adaptive capacity in underserved markets. The fund is currently in its fundraising phase.
Investment geographies:Latin America and the Caribbean
About the fund
IMPAQTO Capital's Fund I is a revenue-based financing vehicle that deploys flexible loans of up to $200,000 to support working and growth capital needs among small and medium enterprises in the Andean region. The fund targets companies operating in basic services, agricultural development, and climate resilience sectors across Colombia, Ecuador, Peru, and Bolivia. With a capitalization of $2.1 million, the fund employs a non-dilutive financing structure designed to balance financial returns with measurable social and environmental impact. The investment strategy prioritizes economic inclusion and climate adaptation, serving underbanked entrepreneurs in emerging markets where traditional financing mechanisms are limited.
Investment geographies:Latin America and the Caribbean
About the fund
IMPAQTO Capital's first fund supports early-stage impact startups in Ecuador, Peru, Bolivia, and Colombia through flexible loans of up to $200,000 for working and growth capital. The fund targets companies rooted in the Andean Amazon that deliver basic services, strengthen agricultural systems, and build climate resilience in underserved communities, while partnering with Indigenous producers and cooperatives. These ventures have extraordinary potential driven by strong Indigenous governance and regenerative markets, focusing on areas such as guayusa sourcing, reforestation, premium market connections, and services including internet access, recycling, and fair trade food. Portfolio companies include Fibrazo (internet access in Colombia), Sinba (recycling in Peru), and Cusi (fair trade food in Ecuador).
The fund's investors include Sorenson Impact Foundation, Full Spectrum Capital Partners, CREAS Ecuador, DF Impact Capital, Boosting Opportunities, WCCN, and UnTours Foundation. To date, the fund has invested in six companies that support over 175,000 people, with four of the ventures led by women.