Dealflow | September 27, 2017

Mesoamerica and Polymath partner to build Latin American impact startups

ImpactAlpha
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ImpactAlpha

Polymath conceives and develops Latin America-based startups then brings on entrepreneurial teams to take them to scale.

Private equity firm Mesoamerica has come on board with a $40 million investment fund to back Polymath Ventures’ Series A and B funding rounds.

Since 2012, Polymath has launched seven companies, including Táximo, a taxi administration company; Aflore, a financial services firm serving Colombia’s unbanked; and KIDU, a network of early-education centers.

Together the companies have raised more than $20 million in investment capital.