# Mercado Libre Fund

> Mercado Libre Fund is a VC fund backing E-Commerce and Software. See 51 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Buenos Aires, Argentina
- Total investments: 51
- Last investment: Oct 2024
- Lead investor: 8%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/mercadolibre/
- Website: https://www.mercadolibre.com/fund

Mercado Libre Fund is a VC fund in Buenos Aires focused on E-Commerce and Software. Mercado Libre Fund is the Corporate Venture Capital Fund of Mercado Libre.They support innovation and the development of companies that boost the e-commerce and tech ecosystem in Latin America: Investing smart money in seed, early and growth stage companies with great teams Accompanying entrepreneurs in the scaling process of their businessAdding value as strategic partner: fostering synergies between their portfolio companies and MELIWhat they invest on They differentiate their investments into two funds which differ in scope, stage and investment criteriaTheir Business Development Fund invests in seed stage companies that provide a great product and have a clear potential impact on MELI´s ecosystem Their Opportunities Fund invests in early and growth stage companies that have developed innovative solutions through the use of technology. They seek tech companies with great teams and outstanding execution capabilities.

## Contacts

5 contacts available for Mercado Libre Fund. Shizune tracks 9 team members at Mercado Libre Fund. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/mercado-libre-s-fund?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $600k–$7.8M |
| Series A | $3M–$50M |
| Convertible Note | $75k–$300k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| E-Commerce | 21 | 41% |
| Software | 12 | 24% |
| Information Technology | 12 | 24% |
| Internet | 10 | 20% |
| SaaS | 8 | 16% |

72 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Convertible Note | 14 | 27% |
| Seed | 7 | 14% |
| Series A | 7 | 14% |
| Series B | 7 | 14% |
| Funding Round | 5 | 10% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Brazil | 18 | 35% |
| Argentina | 13 | 25% |
| United States | 4 | 8% |
| Colombia | 3 | 6% |
| Mexico | 2 | 4% |

6 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Agustina Palmai | Corporate Development Supervisor | 0 | https://shizune.co/investors/profile/agustina-palmai |
| Constanza Yáñez Calderón | Analista | 0 | https://shizune.co/investors/profile/constanza-y%C3%A1%C3%B1ez-calder%C3%B3n |
| Enrique Horcasitas | Director of Longtail & SMBs | 0 | https://shizune.co/investors/profile/enrique-horcasitas |
| Esteban Tundidor | Director of Software Development | 0 | https://shizune.co/investors/profile/esteban-tundidor |
| Ignacio Estivariz | Head of Corporate Development | 0 | https://shizune.co/investors/profile/ignacio-estivariz |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| CXC | CXC enables private debt transaction in Latin America. | $32.6M | Series A | Oct 22, 2024 |  |
| Mevo | Mevo is a healthcare platform that makes people's life simpler by providing everything from a digital prescription with an online purchase option for medicines to be delivered to their homes. Mevo is headquartered in São Paulo, Brazil and was founded in 2017. | $20.1M | Series B | Sep 18, 2024 |  |
| Simetrik | Simetrik offer big data solutions for financial control and automation services for corporate companies. | $55M | Series B | Feb 22, 2024 |  |
| Simetrik | Simetrik is a no-code solution that offers the right balance between flexibility and robustness for the reconciliation process automation. The company's approach allows us to offer a unique solution that provides efficiency and productivity, empowering finance and operations teams, in both tech and traditional companies, to customize andmaintain end-to-end automations for a great diversity of use cases and geographies. On the other hand, our secure big data infrastructure guarantees control of operational, compliance, and reputational risks, supporting high volumes of data, which, combined with a world-class team, allows customers to implement and trust Simetrik at scale. The company is reconciling $75 Bn of TPV per year in over 28 countries and serving well-known names across the industry, including Mercado Pago, Rappi Bank, NuBank, Bancolombia, Addi, DLocal, Clara, Clip, and Banco Falabella. | $55M | Series B | Feb 21, 2024 |  |
| Cilia | Cilia is a software firm that designs and develops budgeting, workshop regulation and claims management software. | $21.8M |  | Apr 25, 2023 |  |
| BrandLovrs | BrandLovrs provides a one-of-a-kind model for gamifying influencer marketing campaigns Brands may use the BrandLovrs platform to collaborate with a large number of producers for scalable and gamified influencer marketing. | $2M | Pre-Seed | Apr 19, 2023 |  |
| Arrow Mobility | Arrow Mobility is an automotive manufacturing firm that designs and delivers electric vans for commercial purpose. |  | Seed | Jan 01, 2023 |  |
| Elenas | Elenas is Latin America's top social commerce platform. Our platform has empowered tens of thousands of women across Colombia to launch online businesses and earn extra income by selling products on WhatsApp, Facebook and other social media sites. Currently, 11 million women across Latin America sell consumer good products through direct salescatalogs and door-to-door sales. Elenas provides a digital solution for them to start an online store, manage clients, and grow their business from home, without having to worry about product sourcing, delivery, or payment collection. | $20M | Series B | Oct 11, 2022 |  |
| Simetrik | Simetrik is a no-code solution that offers the right balance between flexibility and robustness for the reconciliation process automation. The company's approach allows us to offer a unique solution that provides efficiency and productivity, empowering finance and operations teams, in both tech and traditional companies, to customize andmaintain end-to-end automations for a great diversity of use cases and geographies. On the other hand, our secure big data infrastructure guarantees control of operational, compliance, and reputational risks, supporting high volumes of data, which, combined with a world-class team, allows customers to implement and trust Simetrik at scale. The company is reconciling $75 Bn of TPV per year in over 28 countries and serving well-known names across the industry, including Mercado Pago, Rappi Bank, NuBank, Bancolombia, Addi, DLocal, Clara, Clip, and Banco Falabella. | $20M | Series A | Mar 24, 2022 |  |
| Intuitivo AI | Intuitivo uses computer vision to deliver the best one-on-one shopping experience. Founded in 2020 and is based in Miami, Florida, United States. | $7.8M | Seed | Mar 14, 2022 |  |

10 of 51 investments shown.

## Co-investors
- [MONASHEES](https://shizune.co/investors/profile/monashees-capital) — VC Fund, 8 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 7 deals together
- [NXTP Ventures](https://shizune.co/investors/profile/NXTP-Ventures) — VC Fund, 5 deals together
- [Canary](https://shizune.co/investors/profile/canary-5) — VC Fund, 4 deals together
- [Chromo Invest](https://shizune.co/investors/profile/chromo-invest) — VC Fund, 4 deals together
- [Cometa](https://shizune.co/investors/profile/cometa-vc) — VC Fund, 4 deals together

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## FAQ

### What does Mercado Libre Fund invest in?

Mercado Libre Fund invests primarily in E-Commerce, Software and Information Technology startups, most often at Convertible Note and Seed stage. Most of the 51 investments tracked by Shizune back companies in Brazil. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Mercado Libre Fund's check size?

Mercado Libre Fund typically joins rounds of $600k–$7.8M at Seed, $3M–$50M at Series A and $75k–$300k at Convertible Note. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Mercado Libre Fund participates in.

### How do I contact Mercado Libre Fund?

Public channels for Mercado Libre Fund 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 Mercado Libre Fund?

The team at Mercado Libre Fund includes Agustina Palmai (Corporate Development Supervisor), Constanza Yáñez Calderón (Analista) and Enrique Horcasitas (Director of Longtail & SMBs), among 9 team members tracked by Shizune. 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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