UDD Ventures
Av. Las Condes 12461, Santiago, Region Metropolitana, 7500000, Chile
Overview
Accelerator, business catalyst and innovation consultant and Entrepreneurship of the Universidad del Desarrollo based in Santiago and Concepción. Powers startups, ventures, and SMEs through support continuum, support tools, support and access to financing. Training, mentoring, consulting and link with relevant networks for value creation, in such a way that each of them materialize your idea successfully. On the other hand, they seek to become the bridge between startups, startups, SMEs and large companies, so that, through their experience can incorporate innovative processes that otherwise would not have the option to develop. Acceleration: UDD Ventures' acceleration method aims to develop the strategic roadmap or roadmap of the company through the definition of ambition of the area where to play and how to win. Always focused on improving sales, which Allows you to transform an idea or project in development into an attractive and high business impact. This work methodology is typical of UDD Ventures and is called I + V Lab. From this point of view, they also have a program that is aimed at SMEs and entrepreneurs without funds, which is UDD Ventures Transforma, detecting and knowing its potential. This is a program that is focused on strategy and B2B sales, the which allows to accelerate and scale the business combining the experience of UDD Ventures in startup acceleration, with the “Methodological Framework” of the University of Developing. Building bridges between the business world and the academy.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Finance
Investment portfolio
- Vendly
Led · Seed · Jan 2013
Vendly is a mobile-first social marketplace that lets users quickly list items by snapping a photo, sell to friends or strangers, and 'revend' (share) listings to their followers. The app launched on the App Store two months prior and has grown to 5,000 users and 3,000 published products, with user growth reportedly doubling each month. Currently payments are handled off-app via an IM chat between buyer and seller, but the next version will bake in payments so Vendly can track transactions and pay commissions to revendors. The company offers free listings and is testing social features like profiles, follower counts, and proximity filters; it plans multiple monetization options including premium retailer accounts, affiliate commissions, and a CPC injection model to promote vends. Vendly was backed by a $200,000 seed from UDD Ventures and has relocated from Chile to San Francisco while preparing to raise a Series A this spring. The founding team includes CEO Alan Strauss, CMO Alan Nudman, and CTO Andres Gottlieb, and the product is iterated frequently with new releases every two weeks.
Team
No current team members are available.