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The Venture Codex

Overview

Strategic investment firm focused on venture capital and asset management.

Founded

2007

Deals · 12mo

1

Stage focus

Seed
Series B

Geographic focus

Bermuda
Colombia
Mexico
Spain
...

Sector focus

—

Investment portfolio

13rounds
NAMEDATESIZE
SPAKIO
Jun 2026Participated
$1 MSeed
1Money
Jan 2025Participated
$20 MSeed
SPAKIO
Jun 2023Participated
$2 MSeed
BEWE (formerly miora)
Dec 2018Participated
$2 MOther Equity
MPOWER
Dec 2018Participated
$110 MOther Equity
Yogome
Mar 2018Participated
$27 MSeries B
Yogome
May 2017Participated
$7 MSeries A
CornerJob
Jul 2016Participated
$25 MSeries B
Kueski
Apr 2016Led
$35 MDebt
CornerJob
Apr 2016Participated
$3 MOther Equity
GAIA
Jan 2016Participated
$3 MOther Equity
Miora
Oct 2015Participated
$4 MOther Equity
SPAKIO
Jun 2026Participated
$1 MSeed
1Money
Jan 2025Participated
$20 MSeed
SPAKIO
Jun 2023Participated
$2 MSeed
BEWE (formerly miora)
Dec 2018Participated
$2 MOther Equity
MPOWER
Dec 2018Participated
$110 MOther Equity
Yogome
Mar 2018Participated
$27 MSeries B
Yogome
May 2017Participated
$7 MSeries A
CornerJob
Jul 2016Participated
$25 MSeries B
Kueski
Apr 2016Led
$35 MDebt
CornerJob
Apr 2016Participated
$3 MOther Equity
GAIA
Jan 2016Participated
$3 MOther Equity
Miora
Oct 2015Participated
$4 MOther Equity
13
Items
...
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Variv Capital: 13 funding rounds are recorded in the selected participation categories.All available history.
Variv Capital: 13 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed04
Series A01
Series B02
Other Equity05
Debt10

Monthly Deal Activity

Variv Capital: 13 deals are recorded across 138 months.All available history.
Variv Capital: 13 deals are recorded across 138 months. All available history
MonthDeals
May '151
Jun '150
Jul '150
Aug '150
Sep '150
Oct '151
Nov '150
Dec '150
Jan '161
Feb '160
Mar '160
Apr '162
May '160
Jun '160
Jul '161
Aug '160
Sep '160
Oct '160
Nov '160
Dec '160
Jan '170
Feb '170
Mar '170
Apr '170
May '171
Jun '170
Jul '170
Aug '170
Sep '170
Oct '170
Nov '170
Dec '170
Jan '180
Feb '180
Mar '181
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '182
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Variv Capital: E-Commerce & Retail is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Variv Capital: E-Commerce & Retail is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
E-Commerce & Retail6
Real Estate & Construction3
Clean Energy & Sustainability2
Consumer & Lifestyle2
Networks, Cloud & Communication2
Fintech2
Food & Agriculture2
Gaming & eSports2
Professional Services2
Developer Tools2
Travel & Hospitality1
Enterprise Software1
Transportation & Logistics1
Hardware & Robotics1
Crypto & Blockchain1
Manufacturing1
Health & Life Sciences1
Social & Community Platforms1

Deal Size Distribution

Variv Capital: 13 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Variv Capital: 13 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M1
$10M-$25M1
$25M-$50M3
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Variv Capital: Mexico has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Variv Capital: Mexico has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
Mexico6
Europe3
United States2
Colombia1
Bermuda1
Variv Capital: 20 co-investors are shown, with Seaya Ventures sharing 4 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Investment Strategy

Variv Capital: Led accounts for 8% and participating for 92% of round participation.All available history.
Variv Capital: Led accounts for 8% and participating for 92% of round participation. All available history
CategoryDeals (count)Share (%)
Led18%
Participating1292%
Variv Capital: Single-lead accounts for 0% and co-led for 100% of lead dynamics.All available history.
Variv Capital: Single-lead accounts for 0% and co-led for 100% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led1100%

Team

Diego Vargas

Co-Founder and Managing Partner

Ernesto Vargas Rivero

Co-Founder and Managing Partner