Matterscale Ventures

ActiveVenture Capital

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Updated: Jan 22, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Sep 1, 2025	Pointsville	$10.0M Series A	—	Accel, Alumni Ventures, Jenny Fielding, Scott Hartley, monashees, Mundi Ventures, Demetrios Christofidis Jr
Apr 1, 2025	Coalize	$570K Seed	—	Igah Ventures
Dec 1, 2024	Sami	$10.0M Series B	—	Accel, AIX Ventures, Alumni Ventures, Luisa Sucre, CVS Health, Jenny Fielding, Scott Hartley, monashees, Mundi Ventures, Nazca Ventures, SJF Ventures, Surface Ventures, Akhil Paul, Akshay Sriprasad, Austin Walters, Demetrios Christofidis Jr, Joanne Bradford, Marc Benioff, Ricardo Marino
Dec 1, 2024	Zest AI	$200.0M Series G	—	CMFG Ventures, Flybridge Capital Partners, Insight Partners, Lightspeed Venture Partners, Matrix, Venrock
Oct 1, 2024	Submer	$55.0M Series C	—	Accel, Alumni Ventures, Jenny Fielding, Scott Hartley, monashees, Mundi Ventures, Demetrios Christofidis Jr, Ricardo Marino
Jan 1, 2024	Granata Bio	$14.0M Series A	—	Accel, Alumni Ventures, Jenny Fielding, Scott Hartley, monashees, Mundi Ventures, Demetrios Christofidis Jr, Ricardo Marino
Jun 1, 2023	Outdid	$3.0M Seed	—	AirAngels, Andreessen Horowitz, Archetype, Audacity, Awesome People Ventures, Bankless Ventures, Battery Ventures, Chapter One Ventures, CoinFund, Divergence Ventures, Divergent Capital, Electric Ant, Electric Capital, Ethereal Ventures, Jenny Fielding, Scott Hartley, Far Out Ventures, Future Perfect Ventures, Ganas Ventures, Hack VC, Hashed, Iluminar Ventures, Infinity Ventures Crypto, Kearny Jackson, Kleiner Perkins, M34 Capital, Makers Fund, Nascent, NFX, Not Boring Capital, Picus Capital, Redpoint eventures, Robot Ventures, Seed Club Ventures, Sequoia Capital, Seven Seven Six, SID Venture Partners, Solana Ventures, Sound Ventures, TBD Angels, Todd and Rahul's Angel Fund, Urbanist Ventures, Version One Ventures, Ryan Zurrer, Weekend Fund, WPP Ventures, Xochi Ventures, Adam Jackson, Alex Pack, Aliaksandr Hudzilin, Alice Lloyd George, Anastasia Andrianova, Andrew Steinwold, Balaji Srinivasan, Biz Stone, Bo Shao, Brad Holden, Charlie Songhurst, Claire Diaz-Ortiz, David Nage, David Vélez, Dileep Thazhmon, Do Kwon, Eric Wu, Immad Akhund, Imran Khan, Jeff Morris, Jess Sloss, Loreanne Garcia, Luis Cuende, Martin Varsavsky, Matias Woloski, Mike Krieger, Nathaniel Whittemore, Regan Bozman, Rene Reinsberg, Ricardo Weder, Scott Belsky, Sergio Fogel, Sergio Furio, Simon Borrero, Sina Habibi, Stani Kulechov, Stefan George, Stelleo Tolda, Steve Weinstein, Tegan Kline, Trevor McFedries, Tyler Scott Ward
Apr 1, 2023	Clerkie	$33.0M Series A	—	1984 Ventures, Andreessen Horowitz, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Flourish Ventures, Ganas Ventures, Iluminar Ventures, Left Lane Capital, NFX, Picus Capital, Redpoint eventures, Urbanist Ventures, Xochi Ventures, Y Combinator, Claire Diaz-Ortiz, Dileep Thazhmon, Eric Futoran, Immad Akhund, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda, Tom Blomfield
Mar 1, 2023	LeanLaw	$4.0M Series A	—	FINTOP Capital, Trajectory Ventures
Feb 1, 2023	Betterhalf	$9.0M Series A	—	Andreessen Horowitz, BigSpring, Commerce Ventures, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Pareto Holdings, Picus Capital, Quiet Capital, Redpoint eventures, Urbanist Ventures, Xochi Ventures, Arash Ferdowsi, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Gabriel Jarrosson, Immad Akhund, Kunal Shah, Loreanne Garcia, Matias Woloski, Mike Krieger, Nate Matherson, Ricardo Weder, Rodrigo Teijeiro, Samvit Ramadurgam, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda, Tom Blomfield
Jan 1, 2023	CYGNVS	$55.0M Series A	—	Andreessen Horowitz, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Picus Capital, Redpoint eventures, Urbanist Ventures, Xochi Ventures, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Immad Akhund, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Jan 1, 2023	Portão 3	$4.0M Seed	—	Andreessen Horowitz, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Picus Capital, Redpoint eventures, Urbanist Ventures, Xochi Ventures, David Vélez, Dileep Thazhmon, Immad Akhund, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Jan 1, 2023	Bamboo Debt Capital Markets Platform	$4.0M Seed	—	Alex, Atman Capital, Cathay Innovation, Global Founders Capital, Latitud, Norte Ventures, Pareto Holdings, Scale-Up Ventures, Alex Anton, Benjamin Gleason, Guilherme Bonifacio, Julian Shapiro, Parker Treacy, Sergio Furio
Dec 1, 2022	WOODEA	$1.0M Seed	—	Andreessen Horowitz, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Picus Capital, Redpoint eventures, Urbanist Ventures, Xochi Ventures, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Eneko Knorr, Immad Akhund, Loreanne Garcia, Luis Martin Cabiedes, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Simon Borrero, Stelleo Tolda
Dec 1, 2022	Klubi	$6.0M Venture Round	—	Andreessen Horowitz, Canary Ventures, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Picus Capital, Redpoint eventures, Urbanist Ventures, Xochi Ventures, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Igor Marchesini, Immad Akhund, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Nov 1, 2022	Zest AI	$51.0M Series F	—	CMFG Ventures, Flybridge Capital Partners, Insight Partners, Lightspeed Venture Partners, Matrix, Venrock
Oct 1, 2022	REWORTH	$3.0M Seed	—	83North, Andreessen Horowitz, Balderton Capital, Adeyemi Ajao, Broadhaven Capital Partners, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, Marathon Venture Capital, monashees, Mouro Capital, NFX, Pareto Holdings, Picus Capital, Redpoint eventures, Sarona Ventures, Softbank Latin America Fund, Urbanist Ventures, Xochi Ventures, Y Combinator, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Edvard Engesæth, Gokul Rajaram, Immad Akhund, Justin Mateen, Liam Casey, Lluís Cañadell, Loreanne Garcia, Matias Woloski, Mike Krieger, Pablo Viguera, Ricardo Weder, Roger Laughlin Carvallo, Sean Behr, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Oct 1, 2022	Leadsales	$400K Seed	—	Andreessen Horowitz, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Picus Capital, Redpoint eventures, Ulu Ventures, Urbanist Ventures, Xochi Ventures, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Immad Akhund, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Aug 1, 2022	Plerk	$12.0M Series A	—	KFund, Nilla Capital, Redpoint eventures, Upload Ventures, Laércio Albuquerque
Aug 1, 2022	Latú Seguros	$7.0M Seed	—	Andreessen Horowitz, Canary Ventures, CRV, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, Lightspeed Venture Partners, NFX, Hans Tung, Picus Capital, Redpoint eventures, Urbanist Ventures, Valar Ventures, Xochi Ventures, Chase Gilbert, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Fabian Gomez Gutierrez, Immad Akhund, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Aug 1, 2022	AiPrise	$2.0M Seed	—	1984 Ventures, Andreessen Horowitz, Divergent Capital, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, Iluminar Ventures, NFX, Picus Capital, Redpoint eventures, Urbanist Ventures, Verified Capital, Xochi Ventures, Y Combinator, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Loreanne Garcia, Matias Woloski, Mike Krieger, Ricardo Weder, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
May 1, 2022	Nowports	$150.0M Series C	—	Accel, Andreessen Horowitz, Avanta Ventures, Adeyemi Ajao, Better Tomorrow Ventures, Broadhaven Capital Partners, DGF Investimentos, Divergent Capital, DST Global, Jenny Fielding, Scott Hartley, Far Out Ventures, Ganas Ventures, General Catalyst, Goodwater Capital, Greenlight Re, Iluminar Ventures, Latitud, Lead Edge Capital, LGF, monashees, Mouro Capital, Mucker Capital, Next47, NFX, Picus Capital, Redpoint eventures, Sapphire Ventures, Sarona Ventures, Softbank Latin America Fund, Soma Capital, Tekton Ventures, Urbanist Ventures, Xochi Ventures, Y Combinator, Claire Diaz-Ortiz, David Vélez, Dileep Thazhmon, Harry Hurst, Immad Akhund, Justin Mateen, Karim Atiyeh, Loreanne Garcia, Matias Woloski, Mike Krieger, Parker Treacy, Ricardo Weder, Roger Laughlin Carvallo, Sean Behr, Sergio Fogel, Sergio Furio, Simon Borrero, Stelleo Tolda
Apr 1, 2022	AMORA	$3.0M Seed	—	20VC, 7wire Ventures, Browder Capital, Kindred Ventures, Latitud, LAUNCH, Norte Ventures, Pareto Holdings, Picus Capital, Sequoia Capital, SRB Ventures, Balaji Srinivasan, Benjamin Gleason, Harry Hurst, Jeremy Cai, Matteo Franceschetti, Parker Treacy, Sergio Furio, Tom Blomfield
Mar 1, 2022	Galgo	$29.0M Series A	—	Kayyak Ventures, Norte Ventures, Benjamin Gleason, Guilherme Bonifacio, Parker Treacy
Feb 1, 2022	Digibee	$25.0M Series A	—	Jenny Fielding, Scott Hartley, KFund, Nilla Capital, Redpoint eventures, Upload Ventures, Alex Anton, Guilherme Bonifacio, Laércio Albuquerque

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Matterscale Ventures.

Leadership Team

Key people at Matterscale Ventures.

Deep Dive

# MatterScale Ventures: Democratizing Technology Across the Americas

High-Level Overview

MatterScale Ventures is a New York-based venture capital firm founded in 2019 that invests in early-stage technology startups across Latin America and the United States.[2] The firm's core mission centers on empowering founders who leverage technology to democratize essential services—making high-quality, affordable, and accessible solutions available to underserved populations across the Americas.[1][3]

The firm's investment philosophy emphasizes backing companies that address significant societal challenges while maintaining strong team dynamics and inclusive cultures. MatterScale typically deploys capital in pre-seed to Series A funding rounds, writing checks between $150,000 and $750,000, with the capacity to syndicate larger investments alongside their limited partners.[2] Their sector focus spans education, healthcare, financial services, security, and employability—essentially any vertical where technology can democratize services traditionally unavailable to the majority.[3]

Origin Story

MatterScale Ventures emerged from the collective experience of its founding team, which includes co-founders and managing partners Adriana Suarez and Gabriela Macagni, alongside co-founder and partner Antonio Lück and general partner Fernando Fabre.[5] The team's pedigree traces directly to Endeavor, the world's leading entrepreneur organization in emerging markets, where the general partners spent years identifying, selecting, and supporting founders across emerging regions.[4] This background proved formative—the founders recognized a structural gap in venture capital: while emerging markets contained massive untapped opportunities and exceptional founders, capital and support mechanisms remained concentrated in developed economies.

The firm's 2019 founding coincided with growing recognition that Latin America's startup ecosystem was maturing rapidly, with founders building globally competitive companies addressing local pain points. Rather than simply importing Silicon Valley playbooks, MatterScale's founders chose to build a fund deeply embedded in the regions it serves, establishing physical presence and networks across ten major metropolitan areas in the Americas.[4]

Core Differentiators

Geographic Embeddedness and Network Density

Unlike traditional venture firms that operate from a single headquarters, MatterScale's general partners are physically distributed across São Paulo, Mexico City, New York, Buenos Aires, Los Angeles, Bogotá, Santiago, Miami, San Francisco, Detroit, and Quito.[2][4] This geographic strategy isn't merely symbolic—it enables the firm to identify deal flow early, conduct deeper due diligence on founder teams and market dynamics, and provide hands-on support to portfolio companies navigating region-specific regulatory and operational challenges.

Culture-First Investment Thesis

MatterScale developed Culture Rank, a proprietary tool that anonymously surveys employee culture and diversity, equity, and inclusion (DEI) indicators across portfolio companies.[2][4] This reflects a core belief that execution ability—driven by extraordinary leadership and strong team culture—separates successful startups from failures. By measuring eNPS, DEI indicators, wellbeing, feedback loops, OKRs, and expectations, the firm provides founders with actionable intelligence on organizational health, embedding this assessment into their standard diligence process.

Mission-Driven Capital Allocation

MatterScale explicitly targets founders with a clear mission to improve quality of life through technology-driven solutions for underserved populations.[3] This isn't impact investing as an afterthought; it's the primary filter. The firm seeks "Latin startups with a global mindset"—companies where either the founder or target market is Latin American, but with ambitions to scale across borders and address universal human needs.

Syndication Capacity

While individual check sizes range from $150,000 to $750,000, the firm's ability to build syndicates with limited partners enables participation in larger rounds, providing portfolio companies with flexible capital structures and expanded networks.[2]

Role in the Broader Tech Landscape

MatterScale operates at the intersection of three powerful macro trends. First, the geographic arbitrage of talent and opportunity: Latin America produces exceptional founders and engineers at a fraction of Silicon Valley costs, yet historically received disproportionately little venture capital relative to market size and founder quality. Second, the democratization imperative: billions of people in emerging markets demand and can afford high-quality services if priced appropriately—a market opportunity orders of magnitude larger than wealthy-country markets, yet largely unaddressed by legacy incumbents. Third, the venture capital decentralization: limited partners increasingly recognize that returns and impact concentrate where founders and problems actually exist, not where venture firms maintain prestigious offices.

By establishing deep roots in Latin America while maintaining connectivity to U.S. capital and markets, MatterScale positions itself as a bridge institution. The firm influences the broader ecosystem by demonstrating that emerging-market venture capital can generate competitive returns while maintaining founder-friendly terms and genuine impact orientation. Their portfolio—including companies like Nilo Labs, Celes, Glim, Quaddro, and Bia Energy—showcases founders tackling energy efficiency, food accessibility, and other infrastructure-level problems.[2]

Quick Take & Future Outlook

MatterScale Ventures represents a maturing thesis: that venture capital's future involves geographic distribution, founder-centric support mechanisms, and explicit alignment between financial returns and societal impact. As Latin American startups continue producing globally competitive companies and as limited partners demand both returns and measurable impact, firms like MatterScale that combine deep regional expertise with institutional rigor will likely attract increasing capital and influence.

The firm's trajectory will likely depend on portfolio company exits and the ability to raise larger follow-on funds. Success here would validate their model and potentially inspire similar regionally-embedded venture structures in other emerging markets. Conversely, the firm faces the perennial challenge facing emerging-market VCs: demonstrating that regional focus doesn't constrain returns, and that founders with local roots can build billion-dollar companies. If MatterScale's portfolio produces several successful exits and demonstrates superior founder retention and company culture metrics relative to peers, the firm could become a template for how venture capital operates in an increasingly multipolar world.

Matterscale Ventures

Financial History

Investments Made

Financial History

Leadership Team

Leadership Team

Deep Dive

High-Level Overview

Origin Story

Core Differentiators

Geographic Embeddedness and Network Density

Culture-First Investment Thesis

Mission-Driven Capital Allocation

Syndication Capacity

Role in the Broader Tech Landscape

Quick Take & Future Outlook

Sources

Deep Dive

High-Level Overview

Origin Story

Core Differentiators

Geographic Embeddedness and Network Density

Culture-First Investment Thesis

Mission-Driven Capital Allocation

Syndication Capacity

Role in the Broader Tech Landscape

Quick Take & Future Outlook

Sources

Leadership Team

Financial History

Investments Made