# Marathon Ventures

> Marathon Ventures is a VC fund in Bogotá backing Software and SaaS. See 46 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Bogotá, Colombia
- Total investments: 46
- Last investment: Aug 2025
- Lead investor: 9%
- Fund size: $26M
- Last fund: Feb 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/marathonvc/
- Website: https://www.marathonvc.com/

Marathon Ventures is a VC fund in Bogotá focused on Software and SaaS. Marathon is an early-stage B2B focused fund that invests in Latin American startups. Our mission is to maximize the potential of top talent in the region.We back startup alumni or proven executors, solving problems across emerging markets. More than a fund, we also operate as a talent hub helping entrepreneurs and companies across various stageswith strategic talent acquisition.We complement our portfolio with a team of operators and world-class advisors like Joe Lonsdale (Palantir/8VC), and Felipe Villamarin (Rappi).

## Contacts

5 contacts available for Marathon Ventures. Shizune tracks 3 team members at Marathon Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/marathon-ventures-b527?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$8.2M |
| Pre-Seed | $500k–$6M |
| Series A | $7M–$20M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 10 | 22% |
| SaaS | 6 | 13% |
| E-Commerce | 6 | 13% |
| Financial Services | 4 | 9% |
| Information Technology | 3 | 7% |

40 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 13 | 28% |
| Pre-Seed | 12 | 26% |
| Series A | 3 | 7% |
| Funding Round | 3 | 7% |
| Series B | 1 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Mexico | 7 | 15% |
| United States | 6 | 13% |
| Colombia | 4 | 9% |
| Brazil | 1 | 2% |
| Argentina | 1 | 2% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alejandro Echavarria | Managing Partner | 0 | https://shizune.co/investors/profile/alejandro-echavarria |
| Cesar Figueredo | Investment Analyst | 0 | https://shizune.co/investors/profile/cesar-figueredo-61e5 |
| Leon Papu | Managing Partner | 0 | https://shizune.co/investors/profile/leon-papu |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pitz | PITZ is building the infrastructure layer for the $1T global auto repair industry — starting with Latin America, expanding to the US in Q4 2026. The platform combines voice-driven AI diagnostics, automated parts procurement, and embedded financing into a single system of record for independent repair shops. In 9 months: $1.78M ARR, 1,462 activeworkshops across Mexico and Brazil, 83% gross margin, 70% subscription revenue, and NRR above 100%. Founded in 2025. Delaware C-Corp. Seed stage. | $2.1M | Pre-Seed | Aug 21, 2025 |  |
| Prima | Prima consolidates and solves the metal-mechanical manufacturing needs of industrial and commercial companies. We specialize in supplying materials, designing and manufacturing finished parts, components, and structures, and executing high-tonnage projects that require specialized engineering. Our processes, engineering, technology, and networkallow our clients to achieve better prices, quality, and OTIF rates. | $23M | Venture - Series Unknown | Dec 06, 2024 |  |
| Karrot | Karrot is a cloud-based software suite solutions that provides omnichannel retail solutions. | $1M |  | Sep 14, 2024 |  |
| Karrot | Karrot is a cloud-based software suite solutions that provides omnichannel retail solutions. | $1M | Seed | Sep 14, 2024 |  |
| Yolo Bank | Yolo Bank is a fintech company that uses artificial intelligence to help universities minimize tuition defaults. This approach increases revenue for educational institutions and benefits students. We offer a SaaS for bad debt management and a dedicated digital account for students to manage their monthly payments. | $533.1K | Pre-Seed | Sep 12, 2024 |  |
| Bacu | Bacu provides restaurant technology and offer a comfort food concept. | $8.2M | Seed | Jul 15, 2024 |  |
| Welbe Care | We're transforming access to primary health care in Mexico by providing companies access to prevention and information on the health and well-being of their employees while providing quality primary care at an affordable cost to their employees and their families.We leverage technology with an innovative business model to provide laboratorystudies, physical examination checkups, medical consultations with our medical team composed of preventive general medicine and nutrition, we also give them access to our network of specialist doctors, clinics, and laboratories. | $7M | Series A | May 22, 2024 |  |
| Seeri | Our B2B marketplace is changing how businesses buy and sell goods and services by offering financing options to both buyers and sellers. We provide a one-stop-shop for streamlined purchasing and financing processes, connecting buyers with sellers. Our financing options ensure fast and efficient transactions. The user-friendly and customizableplatform tailors experiences to unique needs. We're dedicated to empowering businesses with the tools they need to succeed in today's competitive marketplace. |  | Seed | Apr 15, 2024 |  |
| Extendeal | Extendeal is a healthtech vertical SaaS that enables intelligent purchases for the pharmaceutical industry having become the one stop shop for pharmacies. | $2M | Seed | Feb 16, 2024 |  |
| C4c7us | Platform that helps startup founders and IT professionals to get IT infrastructure faster and save money by automating operation processes. |  | Seed | Jan 01, 2024 |  |

10 of 46 investments shown.

## Co-investors
- [Nazca Ventures](https://shizune.co/investors/profile/nazca-ventures-3) — VC Fund, 12 deals together
- [H20 Capital](https://shizune.co/investors/profile/h20-capital) — VC Fund, 9 deals together
- [H20 Capital Innovation](https://shizune.co/investors/profile/h20-capital-innovation) — VC Fund, 8 deals together
- [Canary](https://shizune.co/investors/profile/canary-5) — VC Fund, 7 deals together
- [8VC](https://shizune.co/investors/profile/8vc) — VC Fund, 5 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 5 deals together

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## FAQ

### What does Marathon Ventures invest in?

Marathon Ventures invests primarily in Software, SaaS and E-Commerce startups, most often at Seed and Pre-Seed stage. Most of the 46 investments tracked by Shizune back companies in Mexico. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Marathon Ventures's check size?

Marathon Ventures typically joins rounds of $1M–$8.2M at Seed, $500k–$6M at Pre-Seed and $7M–$20M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Marathon Ventures participates in.

### How do I contact Marathon Ventures?

Public channels for Marathon Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Marathon Ventures?

The team at Marathon Ventures includes Alejandro Echavarria (Managing Partner), Cesar Figueredo (Investment Analyst) and Leon Papu (Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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