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The Venture Codex

SIMMA Capital

Calle 67 # 8 – 32/44, 4th Floor, Bogotá, Distrito Especial, Colombia

Overview

We invest in early and growth-stage companies that are cofounded by outstanding teams, are scalable, have solid unit economics, and are connected with Colombia and the rest of Latin America.

Total investments
5
Lead investments
0
Investments · 12mo
3
Active investors
2

Sector focus

  • Venture Capital
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Investment portfolio

  • Vixtra

    Participated · Series A · Jun 2026

    Vixtra offers financial services for importers, focusing on modernizing an analog foreign-trade ecosystem by providing credit, FX and related products. The company uses stablecoins in its FX transactions and lending processes, which it says enables greater speed and competitive pricing. Vixtra already manages a credit portfolio of R$250 million and reports an ARR of US$12 million. Leadership, led by CEO Leonardo Baltieri, positions the business as a complementary alternative to traditional banks rather than a replacement. The firm intends to accelerate customer acquisition—seeking to increase monthly new clients from about 10 to 20–30—and to introduce new offerings including loans and currency insurance. These plans are cited as core uses for the fresh capital from the Series A round.

  • Gangkhar

    Participated · Seed · Mar 2026

    Gangkhar offers an AI-native embedded protection infrastructure platform delivering modular, scalable solutions across onboarding, pricing, underwriting and claims. Its platform includes real-time AI optimization, advanced analytics and access to global reinsurance capacity, and it exposes functionality via a single API to enable partners to integrate and scale embedded protection offerings across multiple markets. The company positions its product to help partners create new revenue streams, accelerate growth, improve customer loyalty and increase operational efficiency. Gangkhar is led by CEO Federico Spagnoli and is based in Dover, DE. Following its $4.25M Seed raise, the company intends to use proceeds to accelerate product development, deepen AI-driven processes and optimization capabilities, and support continued international expansion. The article does not disclose revenue, users, or other operating metrics.

  • Akua

    Participated · Seed · Oct 2025

    Akua develops cloud-based payment infrastructure that leverages more than twenty AI agents to automate and optimize high-volume transaction processing for financial institutions. After formally entering production in March 2025, the platform scaled to roughly 200,000 daily payments and delivered operational improvements of 60-80% for clients. The company expanded beyond its initial market into Colombia and Uruguay during 2025, supporting rapid regional adoption. Partnerships with major cloud providers, most notably a long-term strategic alliance with Amazon Web Services (alongside firms such as Sony), give Akua early access to upcoming technology roadmaps and help it maintain regulatory compliance. Team size grew from 20 to nearly 60 employees as product, technical, and operations groups were reinforced. Financially, Akua secured a US$13 million round in 2025 to bolster its infrastructure and scale operations. Management plans to use the fresh capital to continue geographic expansion and further standardize its AI-driven payments model across Latin America.

  • Kravata

    Participated · Seed · Mar 2024

    Kravata provides developer-facing APIs that enable products to connect to Web3 while preserving a Web2 user experience. The platform is described as user-friendly and secure. It allows customers to adopt Web3 advantages without undertaking internal technical development. Kravata emphasizes compliance and ongoing support at each step of integration. The company originates from the Web3 accelerator Alliance Dao and has announced seed-stage funding of $3.6 million.

  • 1DOC3

    Participated · Series A · Apr 2021

    1Doc3 offers a telemedicine platform optimized for Latin America that uses text and chat (rather than video) and AI to do symptom assessment, triage and pre-diagnosis before connecting patients to doctors. The service connects patients to doctors within minutes in 97% of consultations and can arrange prescription delivery to patients' homes. The company reaches customers directly and via corporate partnerships where employers pay for employees' care, charging corporates about $3–4 per month per employee. 1Doc3 experienced rapid growth in 2020, rising from 2,500 to 35,000 consultations per month between February and December, became cashflow positive last year, and reported $120,000 in MRR in March 2021. It currently operates in Colombia and Mexico and plans to use new funding to expand further in the region and to build out a marketing and sales team. The company was founded in 2013 and was a finalist in TechCrunch’s Latin American Battlefield in 2018.

Team

  • Carlos Felipe Gutierrez

    Co-Founder & Managing Partner

    LinkedIn
  • Daniel Blandon

    Co-founder & Managing Partner

    LinkedIn