# Sergio Fogel

> Sergio Fogel is a seed investor at AstroPay (Montevideo) backing Software and Financial Services. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [AstroPay](https://shizune.co/investors/profile/astropay)
- Location: Montevideo, Uruguay
- Total investments: 9
- Last investment: Sep 2024
- Lead investor: 11%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/sergiofogel
- X (Twitter): http://twitter.com/sfogel
- Website: http://www.astropay.com

Sergio Fogel is a seed investor at AstroPay in Montevideo focused on Software and Financial Services. Experienced Latin American internet entrepreneur. Co-founder and CEO, Astropay LLP. Organizer, Punta Tech Meetup. Sergio Fogel is one of the most recognized internet entrepreneurs in Uruguay and in Latin America in general. He founded several companies, among them Astropay (the leading alternative payments processor in Latam), Uniotel (LongDistance Carrier in Uruguay) and JetNumbers.com. Sergio is also the original founder and organizer of Punta Tech Meetup, a gathering of tech entrepreneurs held every January in Punta del Este, Uruguay. Sergio holds an MBA from INSEAD and a master's degree in computer science from the Technion. He previously worked as reseracher in IBM's Haifa Research Labs, as well as in sales for Oracle Corp.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$12M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 22% |
| Financial Services | 2 | 22% |
| CRM | 1 | 11% |
| Pet | 1 | 11% |
| SaaS | 1 | 11% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 67% |
| Pre-Seed | 1 | 11% |
| Venture - Series Unknown | 1 | 11% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Uruguay | 3 | 33% |
| Israel | 2 | 22% |
| Brazil | 1 | 11% |
| Argentina | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Xeptiva Therapeutics | Xeptiva Therapeutics is a veterinary biotechnology company that focuses on developing therapies for chronic inflammation conditions in companion animals. Its main products target chronic pain associated with osteoarthritis and atopic dermatitis in dogs. In addition, the company is developing therapies for the treatment of pain in horses and asthmain cats. Xeptiva's goal is to allow pets to live longer and healthier by targeting the underlying source of many chronic diseases. | $2.5M | Seed | Sep 23, 2024 |  |
| Data4Sales | We help eCommerce stores to understand their most valuable customers. Our A.I. recommends actionable insights that help you treat customers differently on every channel, improving retention, acquisition and developing customer value.Create a passionate, committed customer base that will spread the word of your eCommerce store attributes topotential new customers. As a result, we help you make far more money from your most valuable customers, who will buy from you more often and spend more when purchasing from you. | $2.3M | Seed | Apr 10, 2024 |  |
| Latitud | Latitud is a venture capital platform that supports early-stage startups. Latitud is both an infrastructure for tech startups and a venture fund. Its core focus is on providing pre-seed investments and offering hands-on support to founders to help them build and scale their startups from the ground up. | $1.5M | Seed | Jul 12, 2022 |  |
| Strike | Strike delivers continuous hybrid validation by combining AI-led threat emulation with human expert oversight to proactively identify and remediate security vulnerabilities at scale. Founded in 2021, the platform enables organizations to continuously test deeply their attack surface — including web applications, APIs, mobile apps, cloudinfrastructure, and internal networks — through AI-led threat emulations validated by world-class security experts known as Strikers.At the core of Strike's approach is the belief that neither AI nor humans alone are enough. Its proprietary engine, Strike360, automates the full testing lifecycle — from discovery and exploitation through retesting and remediation — while certified security experts provide contextual oversight for critical assets, ensuring depth and accuracy that automation alone cannot achieve.Every engagement is fully transparent: human tester activity is recorded through a proprietary VPN and merged with AI-led testing logs, producing an auditable trail that sets a new standard for visibility in offensive security. Organizations can launch threat emulations autonomously (triggering them from Git) or on demand, receive real-time vulnerability alerts with actionable remediation guidance, and validate fixes through automated retesting — reducing detection cycles from months to seconds.Seamless integrations with Jira, Slack, Teams, and API bridge the gap between security and development teams, while built-in compliance automation streamlines certifications including SOC 2, ISO 27001, HIPAA, and PCI DSS. Strike's Phishing Monitor also detects impersonation domains targeting client brands.Trusted by over 100 enterprises across finance, technology, healthcare, and insurance — including Santander, Mercado Libre, Okta, Globant, DeliveryHero, and Naranja X — Strike serves clients across Latin America, the U.S., and Europe. The company raised a $13.5M Series A in March 2025 led by FinTech Collective, with participation from Galicia Ventures, Greyhound Capital, FJ Labs, Canary, and others.Headquartered in New York with a remote-first global team. Recognized as a Challenger and Fast Mover in the GigaOm Radar 2025. | $5.4M | Seed | Apr 20, 2022 |  |
| Fudo | Fudo is a web-based management system for restaurants, bars and cafes, which allows operation from anywhere, at any time. It is present in Mexico, Chile, Colombia and Argentina serving more than 8.000 customers. | $7.5M | Seed | Mar 21, 2022 |  |
| Latitud | Latitud is a venture capital platform that supports early-stage startups. Latitud is both an infrastructure for tech startups and a venture fund. Its core focus is on providing pre-seed investments and offering hands-on support to founders to help them build and scale their startups from the ground up. | $11.5M | Seed | Feb 28, 2022 |  |
| Tuvis | Whatslly is the first comprehensive platform connecting individual and business WhatsApp with Salesforce, enabling the messaging service to play a critical role in engaging customers. It leverages AI-based routing technology to enable customers to start 1:1 WhatsApp chats with real agents based on their interests, language and history.Foragents, it provides an Agent UI which shows the contact's​ data and enables them to instantly create new leads and copy chats into Salesforce directly from WhatsApp.Provided as a SaaS solution with zero-touch onboarding and operating processes. | $11M | Seed | Nov 23, 2021 |  |
| Data4Sales | We help eCommerce stores to understand their most valuable customers. Our A.I. recommends actionable insights that help you treat customers differently on every channel, improving retention, acquisition and developing customer value.Create a passionate, committed customer base that will spread the word of your eCommerce store attributes topotential new customers. As a result, we help you make far more money from your most valuable customers, who will buy from you more often and spend more when purchasing from you. | $350K | Pre-Seed | Nov 01, 2021 |  |
| Futora | Futora, formerly called Modelity Marketplace, aims to enable financial institutions, retail banks in particular, to provide clients from all market segments with a vast selection of tailor-made, on-the-fly financial products with notional amounts as low as 5,000 USD. With its fully digitized solution, a buy-side organization can issue its ownproducts as deposits, notes, savings plans, or other financial instrument wrappers, while automatically hedging the exposure with third-party investment banks.In order to fulfill this vision, Futora utilizes its award-winning AI-based technology, which manages the full lifecycle of the financial product, from pre-trade ideation to maturity, along with automatic connectivity to the investment banks. | $6M | Venture - Series Unknown | Oct 10, 2021 |  |

9 of 9 investments shown.

## Co-investors
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund, 2 deals together
- [Canary](https://shizune.co/investors/profile/canary-5) — VC Fund, 2 deals together
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund, 2 deals together
- [GTMfund](https://shizune.co/investors/profile/gtmfund) — VC Fund, 2 deals together
- [Latitud](https://shizune.co/investors/profile/latitud) — VC Fund, 2 deals together
- [Atlantico](https://shizune.co/investors/profile/atlantico) — VC Fund, 1 deal together

## About AstroPay

VC Fund



1 contacts available at AstroPay.

| Name | Title | Profile |
| --- | --- | --- |
| Sergio Fogel | Co-founder and CEO | https://shizune.co/investors/profile/sergio-fogel-2 |

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## FAQ

### What does Sergio Fogel invest in?

Sergio Fogel invests primarily in Software, Financial Services and CRM startups, most often at Seed and Pre-Seed stage. Most of the 9 investments tracked by Shizune back companies in Uruguay. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Sergio Fogel's check size?

Sergio Fogel typically joins rounds of $1.5M–$12M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Sergio Fogel participates in.

### When did Sergio Fogel last invest?

The most recent investment recorded for Sergio Fogel closed in Sep 2024. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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