99 Startups is a venture capital firm dedicated to identifying and investing in early-stage companies with high growth potential, primarily across Latin America.
The firm focuses on startups in emerging sectors, leveraging a combination of strategic support and capital to help them scale effectively.
“At 99 Startups, we don’t just write checks; we actively partner with founders to help them unlock their full potential. The idea is to provide resources, guidance, and networks that help startups achieve long-term success.” - Alejandro Galvez (Managing Partner, 99 Startups)
Origins of 99 Startups
It's hard to think of 99 Startups, the VC fund, without also thinking of Alejandro's Fundadores Podcast. With nearly 200 episodes over five years and an impressive 4.9-star rating from 288 reviews on Spotify, the podcast has redefined how venture capital and storytelling intersect in Latin America.
"When I started my podcast, it wasn’t about becoming an influencer—it was about creating content in Spanish to help grow the ecosystem and connect with founders and investors in a meaningful way." Alejandro noted.
While 99 Startups provides early-stage companies with the funding and support to grow, Fundadores Podcast amplifies their journeys, offering practical insights and inspiration to entrepreneurs across the region. Together, they create a unique platform that blends investment and narrative, fostering a more connected and vibrant startup ecosystem
Fundadores (Podcast) has given me the opportunity to gain valuable insight into great, fast-growing companies while also building strong connections to support outstanding entrepreneurs in their next companies.
The foundation of 99 Startups stemmed from Alejandro’s vision of filling a critical gap in the Latin American startup ecosystem. At first, Alejandro started Angel investing in early 2016 in companies like Clara, Fintual and Baubap.
Over the years, Alejandro built a diversified angel portfolio, of over 60 companies learning from seasoned investors like Jonathan Lewy (GP at investo) and founders like Roberto Salcedo. This experience laid the foundation for the launch of his venture capital fund, 99 Startups.
He shared how his journey into venture capital shaped the firm:
“Before starting 99 Startups, I spent years observing the challenges faced by early-stage companies. Many had incredible ideas but struggled to find the right resources or mentorship to scale. That’s where we saw an opportunity to step in.”
