# Mercado Libre Fund: portfolio, investments and team

> Mercado Libre Fund is a corporate vc based in Argentina. 6 investments on record, latest Oct 2024. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mercado-libre-fund (Millionrounds; every figure on the page links to its filing or article)

Argentina · [Investor](https://millionrounds.com/investors)

# Mercado Libre Fund

Last cheque observed Oct 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet Corporate VC

Pre-seed Seed Series A Employment Mobile E-commerce

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **733** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **0 of 6** Mostly in **Argentina, 60%**

Pitch Mercado Libre Fund

## Mercado Libre Fund highlights

- 01 6 rounds on record
- 02 Mostly Venture and Seed: 60% of its rounds

## What they do

- **Type:** Corporate VC (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Employment Mobile E-commerce
- **Based in:** Buenos Aires, Argentina
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2024** 1 round
- **Oct** **[CXC](https://millionrounds.com/company/cxc)** Series A · LatamList **$33M** With 5 others
- **2018** 1 round
- **May** **[Mandaê](https://millionrounds.com/company/mandae)** Series B · BR · FinSMEs **$7.1M** With 11 others
- **2017** 1 round
- **Nov** **[Trocafone](https://millionrounds.com/company/trocafone)** BR · TechCrunch **$15M** With 4 others
- **2014** 2 rounds
- **Feb** **[MR Presta](https://millionrounds.com/company/mr-presta)** Seed · AR **$600K** With 1 other
- **Jan** **[Glamit](https://millionrounds.com/company/glamit)** Venture · AR **$435K** With 3 others
- **2013** 1 round
- **Jan** **[Glamit](https://millionrounds.com/company/glamit)** Venture · AR **$500K** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## The cheque

Pre-seed Seed Series A

Median round joined **$15M** the round, not its cheque

Led 0 of 6 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2024

Rounds by stage said on their site

- Venture *2*
- Seed said *1*
- Series A said *1*
- Series B said *1*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [FJ Labs](https://millionrounds.com/fund/fj-labs) 2
- [NXTP Labs](https://millionrounds.com/fund/nxtp-labs) 2
- [Nazca Ventures](https://millionrounds.com/fund/nazca) 2
- [Start-Up Chile](https://millionrounds.com/fund/start-up-chile) 2

**Pitching Mercado Libre Fund?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Mercado Libre Fund. A count of rooms they were both in, not a relationship either has claimed.

[**FJ Labs** VC firm **2** rounds together](https://millionrounds.com/fund/fj-labs)[**NXTP Labs** VC firm **2** rounds together](https://millionrounds.com/fund/nxtp-labs)[**Nazca Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/nazca)[**Start-Up Chile** Accelerator **2** rounds together](https://millionrounds.com/fund/start-up-chile)

## Recently backed

The latest companies Mercado Libre Fund put money into.

[**CXC** $33M · Oct 2024](https://millionrounds.com/company/cxc)[**Mandaê** $7.1M · May 2018](https://millionrounds.com/company/mandae)[**Trocafone** $15M · Nov 2017](https://millionrounds.com/company/trocafone)

## Quick answers about Mercado Libre Fund

### What does Mercado Libre Fund invest in?

Mercado Libre Fund invests most often at Venture and Seed (60% of the rounds on record), in sectors such as Employment, Mobile and E-commerce.

### How active is Mercado Libre Fund?

6 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2024.

### What has Mercado Libre Fund invested in recently?

Its most recent investments on record: CXC (Series A, Oct 2024), Mandaê (Series B, May 2018) and Trocafone (Undisclosed round, Nov 2017).

### How big are Mercado Libre Fund's cheques?

The median round it joins is $15M.

### Does Mercado Libre Fund lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does Mercado Libre Fund invest?

Most of the companies it backs are in Argentina (60%) and Brazil (40%).

### Is Mercado Libre Fund investing now?

No investments in the last 12 months; the latest was in Oct 2024.

### Who does Mercado Libre Fund invest alongside?

Most often FJ Labs (2 rounds together), NXTP Labs (2 rounds together) and Nazca Ventures (2 rounds together).

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