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Zenda Capital operates as a thesis-driven venture capital firm, strategically investing in early-stage B2B technology companies. The firm backs founders who are building the software layer for the new economy, with a particular focus on leveraging vertical AI and modern software to transform established industries such as financial services, supply chain, and healthcare. Its investment strategy centers on identifying opportunities where technology can significantly enhance traditional sectors.
Esteban Reyes, a General Partner, co-founded the firm, drawing on two decades of experience building and exiting four B2B companies with a combined value of $1.1 billion. His entrepreneurial background, rooted in a family of coalminers turned entrepreneurs, instilled an insight into the potential for technological innovation within traditional industries, leading him to establish Zenda Capital to support the next generation of founders.
The firm's customers are, in essence, the innovative B2B tech startups it funds, primarily across the US and Latin America. Zenda Capital's long-term vision is to foster the development of impactful technology that reshapes how money and goods flow through the global economy, aiming to be a pivotal partner for companies at the forefront of this transformation.
Zenda Capital has 3 tracked investments across 3 companies. The latest tracked deal is $5.0M Seed in Superpanel in September 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2025 | Superpanel | $5.0M Seed | Field Ventures, Outlander VC | Jonathan Axelrod, Equal Ventures, Fika Ventures, Gutter Capital, Version ONE Ventures, 8 BIT Capital, Behind Genius Ventures, LOI Venture |
| Jul 1, 2025 | Parter | $6.0M Seed | — | Brighton Park Capital, NFX, Sequoia Capital Israel, StageOne Ventures, TAU Ventures, Thylacine Capital, Aaron Rosenson, DAN Adika, GUY Podjarny, Kobi Marenko, Moshe Lichtman, NIR Greenberg, Omer Kaplan, Yossi Matias, ZIV KOP, Ariel Maislos, Shmil Levy, Mercer |
| Jul 15, 2022 | Assistiv Labs | $1.0M Pre-Seed | Zenda Capital | George Zamfir, Randall Kent, Picks And Shovels |