Participated · Series A · Feb 2026

Founded in 2021 and headquartered in Bengaluru, Xflow offers a payments infrastructure platform that lets exporters, SaaS firms, freelancers, and other businesses embed cross-border money movement into their own products through APIs. The startup allows customers to collect payments from more than 100 countries in over 25 currencies, manage FX conversion, and settle funds in India with greater transparency than traditional banks. In 2023, Xflow processed nearly $1 billion in annualized cross-border payment volume, a roughly 10-fold increase from the prior year. Its customer base has grown to about 15,000 businesses, ranging from global capability centers handling $1–2 million transactions to freelancers averaging $3,000. The company has introduced an AI-driven foreign-exchange tool that lets finance teams set limit-order–style targets and claims 92 % forecasting confidence over a three-day window. Xflow has received final RBI authorization for a Payment Aggregator–Cross Border license and already holds a payments license in Canada, with plans to secure further regulatory approvals in markets such as Singapore. The 65-person team intends to add import capabilities and build additional products on top of its core infrastructure.

Participated · Series B · Jun 2025

Simetrik offers a no-code, agentic-AI reconciliation platform that matches transactions from any source, standardizes data for reporting and AI use, and provides real-time oversight and exception alerts. The platform processes more than one billion records per day across 40+ countries and automates 100% of reconciliation workflows. Simetrik’s product is designed to shorten monthly closes, export AI-ready data for forecasting and risk modeling, and keep customers audit-ready without writing code. The company says its customer base includes Santander Group, Sephora, Mercado Libre, Nubank, Stax Payments, and others, and it partners with firms such as Deloitte. Simetrik reports 100% year-over-year revenue growth, which the company attributes to adoption in highly regulated, high-volume payments markets. Management plans to accelerate expansion in the U.S. and other fast-growing markets with the new funding. Simetrik develops financial automation software for CFOs centered on record centralization, reconciliations, controls, reporting and accounting. The company differentiates via Simetrik Building Blocks (SBBs), scalable no-code concepts that leverage generative AI. It moved away from an orchestration platform to focus exclusively on software for finance teams. Simetrik counts customers including Rappi, Mercado Libre, Nubank, Oxxo and PayU, and partners with firms such as Deloitte, while expanding into India and Singapore. Operational metrics improved materially: it now has clients in more than 35 countries, monitors over 200 million records daily (up from 70 million) and has seen revenue grow fourfold since its Series A. The company plans to use new funding to further develop SBBs, enhance AI capabilities and continue international expansion. Simetrik provides a no-code infrastructure that automates reconciliation for finance teams, delivering real-time visibility, traceability and cleaned financial data. The platform is offered as a service and lets finance teams configure a big-data backend via a spreadsheet-like interface without relying on engineering. Simetrik recently added a payment methods orchestrator to let payment services connect directly to multiple payment rails, shortening integration time and cost. The company says it has reconciled $75 billion of TPV per year over the past two years, serves 45 clients across 10 countries and processes transactions in 25 countries, including customers such as Rappi, Mercado Libre, Bancolombia, Clip, Ualá, DLocal, Nubank, Oxxo and PayU. It has been growing ~20% month-over-month over the past year and expects to finish the year with about $10 million in annual recurring revenue. Simetrik is investing heavily in product (over 45% of revenue and funding) and has scaled headcount from 72 employees a year ago to nearly 200, with plans to hire 100 more and expand into EMEA and APAC.

Participated · Series B · Nov 2024

SIGA’s core product, SigaGuard, is a machine‑learning based operational monitoring solution that analyzes electrical signals at Level 0 to detect cyberattacks and operational faults in utilities, industrial plants, and critical facilities. Unlike network‑focused OT tools, SigaGuard monitors raw sensor and equipment electrical signals that the company says cannot be manipulated by attackers. SIGA offers the solution as a cloud SaaS with a monthly subscription fee and counts customers including New York Power Authority, Singapore’s water company, Israel Electric Corporation, large chemical firms, Israel’s water operator, government ministries and defense organizations. SigaGuard was selected by the Israel Water Authority as the core cybersecurity platform in its Security Operations Center for protecting national water infrastructure. The company plans to use new funding to accelerate sales and strategic collaborations abroad, with a focus on North America, Europe, the Far East and the United Arab Emirates. To date SIGA has raised $15 million, including grants from the EC and IIA and prior investments by SIBF and AWZ Ventures.

Led · Series C · Sep 2024

O Gringo is an app that simplifies the driver experience by centralizing previously fragmented services for vehicle owners. The platform offers credit products and protections such as assistance and insurance, and helps with tasks like document management. The company plans to launch new solutions this year focused on the vehicle purchase and sale journey. With the recent funding, O Gringo intends to expand into adjacent services including maintenance, fuel (abastecimento), toll (pedágio) and other driver-related offerings. Financially, the startup has accumulated nearly R$500 million in total funding over its five years of market presence. Gringo is a super app for Brazilian drivers that centralizes vehicle documentation, payments (fines, taxes, licensing), insurance contracting and loans using the vehicle as collateral. The app lets drivers manage renewals and documents in one place and compare insurance and bank offers. Gringo plans to expand its automotive credit and insurance products, add new features, and enter the used‑car buy-and-sell market to help drivers choose the best offers. The company intends not to act as a dealership but to use its customer vehicle data to match buyers and sellers. Gringo has grown to 10 million customers and aims to double its revenue over last year by the end of this year; it has raised $80 million in total. Gringo is a startup founded in 2020 that started by offering free monitoring of driver licenses and vehicle debts. The company has grown its user base to five million drivers in under two years, doubling its count since its Series A. In 2021 Gringo expanded into credit and insurance sales, driving a 20x increase in GMV and a 25x increase in revenue versus 2020. Management says the product roadmap focuses on building a "super app" that centralizes services for drivers, with ongoing tests of additional products and services. The company has already closed partnerships to simplify how drivers buy and monitor insurance and credit. Gringo has expanded beyond its São Paulo launch into the South and Southeast regions and plans national rollout and tests in other Latin American markets in 2022. O Gringo is a Brazilian startup that assists drivers across their journey via an app, WhatsApp and social channels, offering vehicle monitoring, document support and automotive content. The company emphasizes a close, personalized relationship with drivers and disruptive features to simplify everyday driving tasks. In one year it has acquired more than 2.5 million users, representing over 10% market share in the state of São Paulo, and reports 94% of users saying they will remain loyal; it also earned the RA1000 badge with a 9.8 rating. The app is currently live in São Paulo, Paraná and Santa Catarina, and the company is expanding to the rest of Brazil. O Gringo was recently selected for Endeavor’s scale-up program and plans to use new capital to develop additional services, strengthen its team and support national expansion.

Participated · Series E · Nov 2023

Blockchain.com launched in 2011 as a blockchain explorer and later expanded into a cryptocurrency wallet and exchange that lets users hold, buy, sell and trade tokens. The platform has onboarded more than 90 million wallets for over 40 million verified users and has facilitated in excess of $1 trillion in crypto transactions. The company reported a $270 million loan exposure to Three Arrows Capital and was materially affected by the 2022 crypto market downturn. In July 2022 Blockchain.com cut roughly 25% of its staff (about 150 people) and closed its Argentinian office to reduce costs. Recent financing and board changes accompany the company’s efforts to address the fallout from the market stress. Blockchain.com began as a blockchain explorer and is best known for its open-source noncustodial wallet that leaves users in control of private keys. The company also operates a cryptocurrency exchange and offers services to institutional investors, including custody and large over-the-counter transactions. It reports 31 million users who have verified their identities and says active users have tripled over the past 12 months. CEO Peter Smith wrote that the company is highly profitable across each of its business lines. The new funding is intended to support rapid growth with late-stage investors and the company expects to pursue acquisitions in the future. Blockchain.com began as a blockchain explorer (originally named Blockchain.info) and later built an open-source bitcoin wallet that now supports additional cryptocurrencies and stablecoins. Its wallet is noncustodial, meaning users control their private keys, and the company has added features to mitigate loss of access. More recently the firm launched its own exchange to let wallet users trade more easily and expanded services for institutional investors, including order execution, custody, lending and OTC transactions. The company reports that 65 million wallets have been created via its website and mobile apps. Since 2012, 28% of bitcoin transactions have been sent or received by a Blockchain.com-managed wallet. Overall fundraising totals and specific revenue figures were not disclosed in the article.