
Ideas & Capital
Naucalpan de Juárez, Méx., Mexico
Overview
Ideas & Capital actively looks for companies in which its participation goes beyond investing capital. The firm helps its companies to institutionalize, improve their strategy, open new markets and above all make decisions that create extraordinary value. Multisectoral approach with an emphasis in technology, services, agribusiness, education and health. Ideas & Capital favors direct equity investments that pursue regional presence in Latin America. Invested companies must have the potential to generate superior economic returns and must have a positive impact on society, supporting community development without affecting the environment.
- Total investments
- 3
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 5
Sector focus
- Venture Capital
Investment portfolio
- Turing
Participated · Series B · Dec 2020
Turing supplies engineering talent and generated code to AI companies and enterprises, contributing to LLM training and building generative AI applications. It works with armies of engineers to contribute code to AI projects, including building LLMs for OpenAI and others. The company plans to use the new funding to double down on expanding its business to more customers and more use cases. Originally an HR tech startup, Turing's early platform vetted and hired remote coders and grew during the COVID-19 pandemic. Turing reports about $167 million in ARR and is already profitable, per CEO Jonathan Siddharth. The company is Palo Alto–based, has become a key partner to foundational AI firms, and still generates substantial revenue from its original talent-sourcing business, though Siddharth would not disclose how much. Turing.com operates an automated, data‑driven platform that sources, vets, matches and manages remote software developers worldwide. The platform offers tools for remote communication, timezone management, onboarding, productivity tracking and performance management to control quality after matching. The company reports 180,000 developers on the platform from 10,000 cities and serves customers including VillageMD, Plume, Lambda School, Ohi Tech, Proxy and Carta Healthcare. Turing is led by CEO and co‑founder Jonathan Siddharth and co‑founder & CTO Vijay Krishnan and is based in Palo Alto, California. The company intends to use recent funding to continue developing its platform, enhance automated matching, monitoring and management tools, and increase headcount in engineering, sales and marketing. Turing.com operates an automated platform that sources, vets and manages software engineers from a global talent pool using data science and artificial intelligence. The platform offers a two-week trial period for customers to validate engineering matches and provides tools for remote team monitoring and management. Turing taps 160,000 developers across 140 countries and serves customers ranging from startups to Fortune 1000 firms, including Lambda School, VillageMD, Ohi Technologies, and Nexus Events. Leadership is headed by CEO Jonathan Siddharth and CTO Vijay Krishnan. The company plans to continue developing its automated matching, monitoring, and management tools and to expand headcount in sales, engineering, and marketing.
- Dvdendo
Participated · Series A · Oct 2018
Dvdendo is a Miami, FL–based bilingual micro-investing platform servicing the Latino/Hispanic market. Its product rounds up users' purchases and adds extra dollars and cents to an investment account built around financial goals and values. Launched in 2017 and led by CEO Gabriel Montoya, the company gained more than 95,000 users in its first year. Dvdendo intends to use new funding to expand sales and marketing to continue serving the US Hispanic market, roll out the investment platform in Latin America and launch a financial education platform in fall 2018. The company raised capital to accelerate those growth and product initiatives. Current operating metrics reported in the article include the 95,000+ user milestone.
- Crowdfunder
Participated · Series A · Oct 2014
Crowdfunder.com is an equity crowdfunding platform that lets technology, digital media, and entertainment startups and small businesses raise capital from institutional and individual accredited investors. Led by CEO Chance Barnett and based in Los Angeles, the platform aggregates a community of investors including angels and institutional backers. The company's core product is an online marketplace facilitating equity investments and features high-profile investors such as Barbara Corcoran, Mark Cuban, Tim Draper, Sequoia Capital and TechStars. Crowdfunder completed a $3.5M Series A financing. The company intends to use the funds to expand operations. Operationally, the platform has closed 32 rounds in the last three quarters at an average size of $1.6M.