LAVCA featured Andreessen Horowitz leading a USD87m equity round for Félix, a US-based WhatsApp-native remittance platform serving Latin American immigrants, with follow-on participation from QED Investors, Castle Island Ventures, Switch Ventures, Contour Venture Partners, and Endeavor Catalyst.
Published
Signal category
Capital & Finance
Quote
“Andreessen Horowitz led a USD87m equity round for Félix, a US-based WhatsApp-native remittance platform serving Latin American immigrants, with follow-on from QED Investors, Castle Island Ventures and Switch Ventures, and participation from Contour Venture Partners and Endeavor Catalyst.”
— LAVCA team
Company
LAVCA
The Association for Private Capital Investment in Latin America
- Industry
- Venture Capital and Private Equity Principals
- Location
- New York, US
- Company size
- 38 employees
The Association for Private Capital Investment in Latin America (LAVCA) is a not-for-profit membership organization dedicated to supporting the growth of the private equity and venture capital industry in Latin America and the Caribbean. LAVCA’s membership is comprised of over 180 firms, from leading global investment firms active in the region to local fund managers from Mexico to Argentina. Member firms control assets in excess of US$65 billion, directed at capitalizing and growing Latin American businesses. LAVCA also collaborates with a range of partner organizations dedicated to entrepreneurship, venture philanthropy and social enterprise.
Founded 2002