# VARIV: portfolio, investments and team

> VARIV is a venture studio based in Mexico. 9 investments on record, 1 in the last 12 months, latest Jun 2026. Portfolio, stages, co-investors and team.

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

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

# VARIV

Last cheque observed Jun 2026; 9 cheques on record.

Email

Deploying now Venture studio

Seed Series A Growth Venture Capital & Private Equity

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 9 on record

Since the last cheque **144** days **00** hrs **00** min **00** sec

Median round **$25M** Rounds led **0 of 9** Mostly in **Mexico, 33%**

Pitch VARIV

## VARIV highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series B: 75% of its rounds

## What they do

> VARIV is a strategic investment firm that stands at the forefront of company building and venture capital in LATAM. From their own website

- **Type:** Venture studio
- **Cheque size:** Not stated
- **Stages:** Seed Series A Growth Buyout
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Mexico City, Mexico
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **9 appearances**

- **2026** 1 round
- **Jun** **[SPAKIO](https://millionrounds.com/company/spakio)** Seed · MX · LatamList **$1.3M** With 3 others
- **2018** 3 rounds
- **Dec** **[Bewe](https://millionrounds.com/company/bewe)** Series A · ES · Novobrief **$2.3M** With 5 others
- **Nov** **[MPower Financing](https://millionrounds.com/company/mpower-financing)** US · FinSMEs **$110M** With 8 others
- **Mar** **[Yogome](https://millionrounds.com/company/yogome)** Series B · US · FinSMEs **$27M** With 6 others
- **2016** 1 round
- **Jul** **[CornerJob](https://millionrounds.com/company/cornerjob)** Series B · ES · TechCrunch **$25M** With 14 others
- **2015** 2 rounds
- **Oct** **[Miora](https://millionrounds.com/company/miora)** Venture · MX **$4.0M** With 2 others
- **May** **[Aliada](https://millionrounds.com/company/aliada)** Seed · MX **$800K** With 2 others
- **2013** 2 rounds
- **Oct** **[FancyBox](https://millionrounds.com/company/fancybox)** Seed · CL **$676K** With 4 others
- **Apr** **[Itaro](https://millionrounds.com/company/itaro)** Seed · BR **Undisclosed** With 6 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 **1** person 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 they claim to have backed

From their own portfolio page (on their website)

**20** of 38 we have independently watched raise

[Bewe](https://millionrounds.com/company/bewe)[Bnext](https://millionrounds.com/company/bnext)[Cabify](https://millionrounds.com/company/cabify)[Conekta](https://millionrounds.com/company/conekta)[Consubanco](https://millionrounds.com/company/consubanco)[Faceit](https://millionrounds.com/company/faceit)[Gaiadesign](https://millionrounds.com/company/gaia-design)[Glovoapp](https://millionrounds.com/company/glovo)[Ioogo](https://millionrounds.com/company/ioogo)[Jokr](https://millionrounds.com/company/jokr)[Kueski](https://millionrounds.com/company/kueski)[Mpowerfinancing](https://millionrounds.com/company/mpower-financing)[Ocho](https://millionrounds.com/company/ocho)[Payjoy](https://millionrounds.com/company/payjoy)[Rankmi](https://millionrounds.com/company/rankmi)[Spakio](https://millionrounds.com/company/spakio)[Takecareof](https://millionrounds.com/company/care-of)[Wallapop](https://millionrounds.com/company/wallapop)[Welcome](https://millionrounds.com/company/welcome-tech)[Yotepresto](https://millionrounds.com/company/yotepresto-com) 500 Aguamagica Ancana Aplik Bankaya Bitso Cometa Creze Daystore Fpop Gpf-capital Heroguest Instafit Ivoy Juxtapose Nomipay Omniprinter Volana

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Seed Series A Growth

Median round joined **$25M** the round, not its cheque

Led 0 of 9 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Jun 2026

Rounds by stage said on their site

- Seed said *4*
- Series B *2*
- Series A said *1*
- Venture *1*
- Growth said *-*
- Buyout said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies VARIV put money into.

[**SPAKIO** $1.3M · Jun 2026](https://millionrounds.com/company/spakio)[**MPower Financing** $110M · Nov 2018](https://millionrounds.com/company/mpower-financing)[**CornerJob** $25M · Jul 2016](https://millionrounds.com/company/cornerjob)

## Quick answers about VARIV

### What does VARIV invest in?

VARIV invests most often at Seed and Series B (75% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is VARIV?

9 investments on record, 1 of them in the last 12 months. The most recent was in Jun 2026.

### What has VARIV invested in recently?

Its most recent investments on record: SPAKIO (Seed, Jun 2026), Bewe (Series A, Dec 2018) and MPower Financing (Undisclosed round, Nov 2018).

### How big are VARIV's cheques?

The median round it joins is $25M.

### Does VARIV lead rounds?

Rarely, if at all: none of its 9 investments on record names it as the lead.

### Where does VARIV invest?

Most of the companies it backs are in Mexico (33%), Spain (22%) and the United States (22%).

### Is VARIV investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is VARIV?

VARIV is a venture studio based in Mexico City, Mexico.

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