# Quona Capital: portfolio, investments and team

> Quona Capital is a vc firm based in United States. 79 investments on record, 14 in the last 12 months, latest Oct 2026.

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

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

# Quona Capital

Last cheque observed Oct 2026; 79 cheques on record.

Email

Deploying now New fund $90M, Dec 2025 VC firm

Pre-seed Seed Series A Social Good Sustainability Lending

Follow Quona Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fquona-capital)

Deploying now

**58%** of best year **14** **cheques in 12 months**, 79 on record

Since the last cheque **26** days **00** hrs **00** min **00** sec

Median round **$16M** Rounds led **10 of 79** Sole investor **4 rounds** Mostly in **Brazil, 31%**

Pitch Quona Capital

## Quona Capital highlights

- 01 14 cheques in the last 12 months
- 02 Mostly Series A and Series B: 57% of its rounds
- 03 Sole investor in 4 rounds, median $16M

## What they do

> We back bold fintech innovators expanding financial access globally, from Latin America to India and Southeast Asia to the EMEA region. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Up to $5.0M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth Pre-IPO
- **Sectors:** Social Good Sustainability Lending
- **Based in:** Washington, United States
- **Cold pitches:** Not accepted

## The record

Every round we can evidence, newest first **79 appearances**

- **2026** 14 rounds
- **Oct** **[IPID](https://millionrounds.com/company/ipid)** Series A · SG · Firms' own news pages **$16M** With 5 others
- **Sept** **[International Payments Identity](https://millionrounds.com/company/international-payments-identity)** Series A · SG **$16M** With 4 others
- **Aug** **[Jem](https://millionrounds.com/company/jem)** Series A · ZA · Disrupt Africa **$8.4M** *Led*
- **Aug** **[Jusfy](https://millionrounds.com/company/jusfy)** Series A · BR · LatamList **$15M** *Led*
- **Jul** **[Cordant](https://millionrounds.com/company/cordant)** Seed · US **$8.0M** With 1 other
- **Jun** **[Twinco Capital](https://millionrounds.com/company/twinco-capital)** Series B · ES · Ventureburn **$192M** With 4 others
- **Jun** **[Twinco Capital](https://millionrounds.com/company/twinco-capital)** Debt · ES **$175M** With 2 others
- **May** **[Franq](https://millionrounds.com/company/franq)** Series B · BR · LatamList **$12M** *Led*
- **Mar** **[Franq](https://millionrounds.com/company/franq)** Series B · BR **$9.1M** With 3 others
- **Feb** **[Solvento](https://millionrounds.com/company/solvento)** Debt · MX · LatamList **$25M** With 3 others
- **Feb** **[Avenia](https://millionrounds.com/company/avenia)** Series A · BR · LatamList **$17M** With 7 others
- **Feb** **[Bluprynt](https://millionrounds.com/company/bluprynt)** Seed · US **$4.3M** With 3 others
- **Feb** **[Turno](https://millionrounds.com/company/turno)** Venture **$4.7M** With 2 others
- **Feb** **[Lulalend](https://millionrounds.com/company/lulalend)** Debt **$21M** With 4 others
- **2025** 13 rounds
- **Oct** **[Pave Bank](https://millionrounds.com/company/pave-bank)** Series A · GE · TechStartups **$39M** With 5 others
- **Oct** **[Kanastra](https://millionrounds.com/company/kanastra)** Series B · BR · LatamList **$30M** With 10 others
- **Sept** **[Kamino](https://millionrounds.com/company/kamino)** Series A · BR · LatamList **$10M** *Led*
- **Jul** **[Klar](https://millionrounds.com/company/klar)** Series C · MX · LatamList **$190M** With 9 others
- **Jun** **[Contabilizei](https://millionrounds.com/company/contabilizei)** Venture · BR **Undisclosed** With 4 others
- **Jun** **[Octa](https://millionrounds.com/company/octa)** Debt · BR **$20M** With 2 others
- **Apr** **[Belvo](https://millionrounds.com/company/belvo)** MX · LatamList **$15M** With 8 others
- **Apr** **[Ideem](https://millionrounds.com/company/ideem)** Seed · US **$2.4M** With 3 others
- **Mar** **[enza](https://millionrounds.com/company/enza)** Seed · EG · Disrupt Africa **$6.8M** *Led*
- **Feb** **[Neofin](https://millionrounds.com/company/neofin)** Seed · BR · LatamList **$6.0M** *Led*
- **Feb** **[Khazna](https://millionrounds.com/company/khazna)** Series B · EG · Disrupt Africa **$16M** With 11 others
- **Feb** **[Finmo](https://millionrounds.com/company/finmo)** Series A · SG **$19M** With 4 others
- **Jan** **[nocnoc](https://millionrounds.com/company/nocnoc)** Venture · UY **Undisclosed** With 3 others
- **2024** 18 rounds
- **Dec** **[Bureau](https://millionrounds.com/company/bureau)** Series B · IN · TechStartups **$30M** With 9 others
- **Dec** **[Prima](https://millionrounds.com/company/prima)** Series A · MX · LatamList **$23M** With 6 others
- **Dec** **[Konfio](https://millionrounds.com/company/konfio)** Debt · MX **$370M** With 5 others
- **Dec** **[Shubham Housing Development Finance Company](https://millionrounds.com/company/shubham-housing-development-finance-company)** Series F **$118M** Sole investor
- **Nov** **[Solvento](https://millionrounds.com/company/solvento)** Series A · MX · LatamList **$13M** With 8 others
- **Nov** **[Equal Identity](https://millionrounds.com/company/equal-identity)** Series A **$10M** With 3 others
- **Oct** **[CXC](https://millionrounds.com/company/cxc)** Series A · LatamList **$33M** With 5 others
- **Oct** **[HamsaPay](https://millionrounds.com/company/hamsapay)** Venture · US **Undisclosed** With 5 others
- **Oct** **[Verto](https://millionrounds.com/company/verto)** Grant · GB **$100K** With 2 others
- **Oct** **[Broom](https://millionrounds.com/company/broom)** Series A **$25M** Sole investor
- **Oct** **[Zinc Money](https://millionrounds.com/company/zinc-money)** Seed **$26M** With 4 others
- **Sept** **[Onsurity](https://millionrounds.com/company/onsurity)** Series B **$26M** With 4 others
- **Aug** **[Franq](https://millionrounds.com/company/franq)** BR **$3.0M** 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

Named by the firm itself, on a filing, its Form ADV or its company registration **9 named**

DL **David Lyle Mathewson** Member, COO, and CCO i Form ADV

GV **Ganesh Venkateshwaran Rengaswamy** Director of the Managing Member of the Managing Member i Filing they signed

JV **Johan Venkateshwaran Bosini** Executive Officer i Filing they signed

JH **Jonathan Harold Whittle** Managing Member of the Managing Member i Filing they signed

LP **Livingston Parsons III** Executive Officer i Filing they signed

MD **Miguel Darcy Herrera** Executive Officer i Filing they signed

MB **Monica Brand Engel** Managing Member of the Managing Member i Filing they signed

ME **Monica Engel Brand** Executive Officer i Filing they signed

VG **Venkateshwaran Ganesh Rengaswamy** Managing Member i Form ADV

We also hold **32** 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.0B** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Quona Capital Management LLC
- **SEC number:** CRD 277131

Funds on its Form ADV

**8** private funds, **$1.1B** in gross assets · filed Sept 2024

- Accion Frontier Inclusion Fund, L.P. *Venture* 30 investors $394M
- Accion Quona Inclusion Fund, L.P. *Venture* 47 investors $317M
- Quona Accion Inclusion Fund III, L.P. *Venture* 75 investors $311M
- Quona Opportunity Fund, L.P. *Venture* 19 investors $68M
- Quona Blue Earth Special Opportunity LLC *Venture* 4 investors $19M
- Quona PIPO Special Opportunity I, LLC *Venture* 45 investors $4.8M
- Quona PIPO Special Opportunity II, LLC *Venture* 13 investors $967K
- Quona Actyus Special Opportunity LLC *Venture* 1 investor $605K

New fund on file

**$90M**

raised in Dec 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$16M** the round, not its cheque Alone, median **$16M**

Led 10 of 79 rounds **13%**

- **Said size:** Up to $5.0M
- **Sole investor:** 4 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Series A said *25*
- Series B said *13*
- Debt *12*
- Seed said *10*
- Venture *7*
- Pre-seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [QED Investors](https://millionrounds.com/fund/qed-investors) 11
- [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) 8
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 8
- [Endeavor](https://millionrounds.com/fund/endeavor) 6
- [Valor Capital Group](https://millionrounds.com/fund/valor-capital) 6
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst) 5

**Pitching Quona Capital?** 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 Quona Capital. A count of rooms they were both in, not a relationship either has claimed.

[**QED Investors** VC firm **11** rounds together](https://millionrounds.com/fund/qed-investors)[**International Finance Corporation** Government **8** rounds together](https://millionrounds.com/fund/international-finance-corporation-ifc)[**Y Combinator** Accelerator **8** rounds together](https://millionrounds.com/fund/y-combinator)[**Endeavor** Corporate VC **6** rounds together](https://millionrounds.com/fund/endeavor)[**Valor Capital Group** VC firm **6** rounds together](https://millionrounds.com/fund/valor-capital)[**Endeavor Catalyst** Corporate VC **5** rounds together](https://millionrounds.com/fund/endeavor-catalyst)[**FJ Labs** VC firm **5** rounds together](https://millionrounds.com/fund/fj-labs)[**Caravela Capital** VC firm **4** rounds together](https://millionrounds.com/fund/caravela-capital)[**Citibank** Growth equity **4** rounds together](https://millionrounds.com/fund/citi)[**Kaszek Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/kaszek)[**Monashees** VC firm **4** rounds together](https://millionrounds.com/fund/monashees)[**Norte Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/norte-ventures-2)

## Recently backed

The latest companies Quona Capital put money into.

[**IPID** $16M · Oct 2026](https://millionrounds.com/company/ipid)[**Jem** $8.4M · Aug 2026](https://millionrounds.com/company/jem)[**Jusfy** $15M · Aug 2026](https://millionrounds.com/company/jusfy)[**Twinco Capital** $192M · Jun 2026](https://millionrounds.com/company/twinco-capital)[**Franq** $12M · May 2026](https://millionrounds.com/company/franq)[**Avenia** $17M · Feb 2026](https://millionrounds.com/company/avenia)

## On podcasts

1 episode naming Quona Capital in the title, and 4 more that mention it.

- [The Neon Show](https://millionrounds.com/podcasts/neon-show) 14 Jun 2020 · 44 min Ganesh Rengaswamy, Quona Capital, on the growth of Digital Lending and Neo Banking in India With [Ganesh Rengaswamy](https://millionrounds.com/person/ganesh-rengaswamy) Mentions [Quona Capital](https://millionrounds.com/fund/quona-capital)[Greylock](https://millionrounds.com/fund/greylock-partners) Apple Podcasts

### Mentioned in

- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 14 Nov 2022 · 59 min 680. News: Apple and PayPal call a truce – but who wins? Apple PodcastsShow page
- [Fintech Insider](https://millionrounds.com/podcasts/fintech-insider) 11 Apr 2022 · 60 min 618. News: Qonto looks to builds a community, while Fast runs out of steam Apple PodcastsShow page
- [Latitud Podcast](https://millionrounds.com/podcasts/latitud) 7 Apr 2022 · 9 min #88 - Altitud | Tackling the trade finance gap in LatAm: Santiago Molina, Finkargo Apple Podcasts
- [BRAVE Southeast Asia Tech](https://millionrounds.com/podcasts/brave-southeast-asia) 2 Aug 2021 · 1h 14m Chia Jeng Yang on Local vs. Foreign VCs in SE Asia, Transactional vs. Relational, Winners vs. Losers - E81 Apple PodcastsShow page

## Quick answers about Quona Capital

### What does Quona Capital invest in?

Quona Capital invests most often at Series A and Series B (57% of the rounds on record), in sectors such as Social Good, Sustainability and Lending.

### How active is Quona Capital?

79 investments on record, 14 of them in the last 12 months, and it led 10. The most recent was in Oct 2026.

### What has Quona Capital invested in recently?

Its most recent investments on record: IPID (Series A, Oct 2026), International Payments Identity (Series A, Sept 2026) and Jem (Series A, Aug 2026).

### How big are Quona Capital's cheques?

The median round it joins is $16M.

### Does Quona Capital lead rounds?

Sometimes: it led 10 of its 79 investments on record (13%).

### Where does Quona Capital invest?

Most of the companies it backs are in Brazil (31%), Mexico (19%) and the United States (13%).

### Is Quona Capital investing now?

Yes: it is actively investing, with 14 investments in the last 12 months.

### Who does Quona Capital invest alongside?

Most often QED Investors (11 rounds together), International Finance Corporation (8 rounds together) and Y Combinator (8 rounds together).

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