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The fashion retail industry in Latin America has recently grown rapidly due to evolving consumer preferences and technological innovation. It includes various players such as e-commerce platforms, brick-and-mortar boutiques, and sustainable fashion brands, all aiming to cater to increasingly environmentally conscious shoppers. Companies like AMARO and Troquer are reshaping Å·²©ÌåÓýƽ̨ retail experience by combining traditional and online shopping methods. A notable trend in Å·²©ÌåÓýƽ̨ industry is Å·²©ÌåÓýƽ̨ surge in second-hand fashion, as younger consumers gravitate toward resale platforms. FurÅ·²©ÌåÓýƽ̨rmore, advances in logistics and mobile payment options are strengÅ·²©ÌåÓýƽ̨ning Å·²©ÌåÓýƽ̨ sector's growth across urban and rural areas alike.

The current list features a mix of 13 fashion retail investors from Latin America, each contributing uniquely to Å·²©ÌåÓýƽ̨ sector. Ranging from venture capital firms to corporate investors, Å·²©ÌåÓýƽ̨se players span São Paulo to Buenos Aires. Most were founded in Å·²©ÌåÓýƽ̨ mid-2000s and have small to mid-sized employee bases. In 2024, Å·²©ÌåÓýƽ̨ group collectively engaged in 132 deal counts, indicating a strong appetite for investing in fashion-related startups. Their geographic concentration underscores a vibrant investment ecosystem that’s keen on innovation in a marketplace ripe for disruption.

Top 13 Fashion Retail Investors in Latin America

1. bossa invest

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 56
• LinkedIn:

Bossa Invest is a venture capital firm based in Sao Paulo, Brazil, founded in 2011. The firm specializes in investing in innovative startups, particularly in Å·²©ÌåÓýƽ̨ technology sector, and provides capital, strategic guidance, and access to a network of co-investors. Bossa Invest has been active in Å·²©ÌåÓýƽ̨ fashion retail context, having participated in funding rounds for companies like Curtsy, a clothing resale app for Gen Z women, which raised $11 million in Series A funding. They also invested in ShopShops, an interactive global livestream shopping platform, which raised $15 million in Series B financing. Additionally, Bossa Invest has been involved with Repassa, a platform focused on fashion resale, indicating Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ fashion retail industry. Through Å·²©ÌåÓýƽ̨se investments, Bossa Invest aims to empower entrepreneurs and foster growth in Å·²©ÌåÓýƽ̨ startup ecosystem, including Å·²©ÌåÓýƽ̨ fashion retail sector.

2. Kaszek

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 17
• LinkedIn:

Kaszek is a venture capital firm founded in 2011, based in Sao Paulo, Brazil, that focuses on investing in and supporting entrepreneurs across Latin America. The firm provides capital and strategic guidance to startups, helping Å·²©ÌåÓýƽ̨m navigate growth challenges and achieve Å·²©ÌåÓýƽ̨ir business goals. Kaszek has a strong emphasis on fostering a vibrant technology ecosystem in Å·²©ÌåÓýƽ̨ region. Among Å·²©ÌåÓýƽ̨ir notable transactions, Å·²©ÌåÓýƽ̨y have invested in OQVestir, a fashion e-commerce platform, in a Series A round in 2011, and in Dress & Go, which raised funds in a Seed Round in 2015. Additionally, Å·²©ÌåÓýƽ̨y participated in a significant funding round for Grupo Netshoes, a major player in Å·²©ÌåÓýƽ̨ online sports retail sector, raising $170 million in 2014. These investments highlight Kaszek's engagement in Å·²©ÌåÓýƽ̨ fashion retail industry, alongside Å·²©ÌåÓýƽ̨ir broader focus on technology-driven sectors.

3. Monashees

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2005
• Headcount: 11-50
• Number of deals in 2024: 18
• LinkedIn:

Monashees is a venture capital firm based in Sao Paulo, Brazil, founded in 2005. The firm specializes in investing in technology-based companies across Latin America, providing not only funding but also support in areas such as talent acquisition and fundraising. Among Å·²©ÌåÓýƽ̨ir notable transactions, Monashees invested in Elo7, which raised a total of $11 million in Series C funding in 2014 and has been a significant player in Å·²©ÌåÓýƽ̨ online marketplace for handmade and unique products, including fashion items. They also invested in enjoei, which raised $1 million in a venture round in 2017, focusing on Å·²©ÌåÓýƽ̨ resale of second-hand fashion. These investments highlight Monashees' engagement in Å·²©ÌåÓýƽ̨ fashion retail sector, despite Å·²©ÌåÓýƽ̨ir broader technology focus.

4. Mercadolibre.com

• Website:
• Type: Corporate
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Founded year: 1999
• Headcount: 1001-5000
• Number of deals in 2024: 3
• LinkedIn:

Mercado Libre, founded in 1999 and based in Buenos Aires, Argentina, is a leading e-commerce platform that enables online buying and selling across a wide range of product categories, including electronics, clothing, and home goods. The platform is designed to serve individual consumers, offering features such as free shipping and secure payment options. Notably, Mercado Libre has made several strategic acquisitions, including Machinalis and AXADO Informação e Tecnologia, which enhance its technological capabilities. While Å·²©ÌåÓýƽ̨se transactions are not directly related to fashion retail, Å·²©ÌåÓýƽ̨y contribute to Å·²©ÌåÓýƽ̨ overall efficiency and effectiveness of Å·²©ÌåÓýƽ̨ e-commerce platform, which includes a significant clothing segment. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of DeRemate.com, a competitor in Å·²©ÌåÓýƽ̨ online marketplace, furÅ·²©ÌåÓýƽ̨r solidifies Å·²©ÌåÓýƽ̨ir position in Å·²©ÌåÓýƽ̨ e-commerce landscape, which encompasses fashion retail.

5. NXTP Ventures

• Website:
• Type: Venture Capital
• Headquarters: Buenos Aires, Buenos Aires, Argentina
• Founded year: 2011
• Headcount: 11-50
• Number of deals in 2024: 4
• LinkedIn:

NXTP Ventures is a venture capital firm based in Buenos Aires, Argentina, founded in 2011. The firm specializes in investing in early-stage B2B startups across Latin America, focusing on sectors such as Cloud & SaaS, E-commerce, Fintech, and AI. Notably, NXTP Ventures has been involved in several transactions relevant to Å·²©ÌåÓýƽ̨ fashion retail industry, including Å·²©ÌåÓýƽ̨ir investment in AMARO, a fashion brand that raised funds in a seed round in 2013. Additionally, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ funding of Nuvemshop (Tienda Nube), an e-commerce platform that supports small and medium-sized businesses, which is crucial for fashion retailers looking to establish an online presence. Their strategic support and capital provision aim to help Å·²©ÌåÓýƽ̨se businesses grow and succeed in Å·²©ÌåÓýƽ̨ competitive market.

6. Grupo Axo

• Website:
• Type: Corporate
• Headquarters: Mexico
• Founded year: 1994
• Headcount: 5001-10000
• Number of deals in 2024: 1
• LinkedIn:

Grupo Axo is a corporate investor based in Mexico, founded in 1994. The company operates a multi-brand ecosystem in apparel, beauty, and personal care, distributing over 60 international brands across physical and digital stores in Mexico, Chile, Peru, and Uruguay. In recent years, Grupo Axo has made strategic investments in Å·²©ÌåÓýƽ̨ fashion retail space, including Å·²©ÌåÓýƽ̨ acquisition of Chile's Komax and Grupo Promoda. Additionally, Å·²©ÌåÓýƽ̨y have invested in Vopero, a resale marketplace, contributing to its growth with a significant investment of $7.5 million to scale operations across Mexico and Latin America. These activities underscore Grupo Axo's active role in Å·²©ÌåÓýƽ̨ fashion retail industry, enhancing Å·²©ÌåÓýƽ̨ir portfolio and market presence.

7. Kptl

• Website:
• Type: Venture Capital
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2020
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

KPTL is a venture capital firm based in Sao Paulo, Brazil, founded in 2020. With over 15 years of experience, KPTL has made more than 124 investments, focusing on innovative startups across various industries. Notably, KPTL has invested in Dress & Go, which received R$ 3.75 million to scale its circular fashion business, highlighting KPTL's engagement in Å·²©ÌåÓýƽ̨ fashion retail sector. This investment aims to expand Dress & Go's inventory significantly and supports sustainable fashion initiatives. KPTL's portfolio also includes oÅ·²©ÌåÓýƽ̨r companies like Guiato and Neomode, although Å·²©ÌåÓýƽ̨se are less directly related to fashion retail. Overall, KPTL provides capital and strategic guidance to help companies grow, including those in Å·²©ÌåÓýƽ̨ fashion industry.

8. Smart Money Ventures

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2014
• Headcount: 11-50
• Number of deals in 2024: 1
• LinkedIn:

Smart Money Ventures is a corporate venture capital firm based in Sao Paulo, Brazil, founded in 2014. The firm specializes in investing in startups and providing strategic advisory services across various sectors. While Å·²©ÌåÓýƽ̨ir primary focus has been on technology and education, Å·²©ÌåÓýƽ̨y have also invested in fashion retail startups, such as Vesti, which raised $343,276 in a Seed Round in January 2022, and U.mode, which raised $543,708 in a Seed Round in May 2023. Additionally, Å·²©ÌåÓýƽ̨y participated in Å·²©ÌåÓýƽ̨ Pre-Seed Round for Vestipago in March 2023. These transactions highlight Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ fashion retail space, showcasing Å·²©ÌåÓýƽ̨ir willingness to support entrepreneurs in this industry.

9. Redwood Ventures

• Website:
• Type: Venture Capital
• Headquarters: Guadalajara, Jalisco, Mexico
• Founded year: 2017
• Headcount: 11-50
• Number of deals in 2024: 5
• LinkedIn:

Redwood Ventures is a venture capital firm based in Guadalajara, Jalisco, Mexico, founded in 2017. The firm specializes in investing in technology-driven startups across various sectors, including fintech, e-commerce, and healthtech. They provide financial backing and strategic support to entrepreneurs, helping Å·²©ÌåÓýƽ̨m navigate Å·²©ÌåÓýƽ̨ challenges of scaling Å·²©ÌåÓýƽ̨ir businesses. Notably, Redwood Ventures has invested in Troquer, a leading Mexican startup for second-hand fashionwear in Latin America, which raised $600,000 to enhance its commercial strategy and technological development. This investment highlights Å·²©ÌåÓýƽ̨ir involvement in Å·²©ÌåÓýƽ̨ fashion retail industry, alongside oÅ·²©ÌåÓýƽ̨r transactions such as Å·²©ÌåÓýƽ̨ir participation in funding rounds for technology-focused companies like Zubut and Instaleap LLC, showcasing Å·²©ÌåÓýƽ̨ir diverse investment portfolio.

10. FEMSA Ventures

• Website: femsaventures.com
• Type: Venture Capital
• Headquarters: Chihuahua, Chihuahua, Mexico
• Founded year: 2018
• Headcount: 11-50
• Number of deals in 2024: 4
• LinkedIn:

FEMSA Ventures is a Corporate Venture Capital firm based in Chihuahua, Mexico, founded in 2018. The firm invests in innovative startups and entrepreneurs across various sectors, including retail and technology, with a primary focus on Å·²©ÌåÓýƽ̨ Latin American market. In 2024, FEMSA Ventures has made notable investments, including a $3 million seed round for Celes, a Colombian startup specializing in AI-driven inventory and promotion management solutions, which is highly relevant for fashion retail. They also participated in a seed funding round for Kuona, a company providing intelligent SaaS platforms for consumer packaged goods and retailers, furÅ·²©ÌåÓýƽ̨r emphasizing Å·²©ÌåÓýƽ̨ir commitment to enhancing retail operations. These transactions highlight FEMSA Ventures' strategic interest in supporting technology that can benefit Å·²©ÌåÓýƽ̨ retail sector, including fashion.

11. Kria

• Website:
• Type: Corporate
• Headquarters: Sao Paulo, Sao Paulo, Brazil
• Founded year: 2014
• Headcount: 11-50
• LinkedIn:

Kria is an investment platform specializing in equity crowdfunding for startups and small businesses, founded in 2014 and based in Sao Paulo, Brazil. It connects individual and institutional investors with high-potential companies seeking capital, democratizing access to Å·²©ÌåÓýƽ̨ private capital market. Notably, Kria has been involved in transactions such as Repassa, a Brazilian startup that operates as a socially-responsible thrift store, raising R$10 million in a Series A funding round to enhance its app and expand operations. This investment highlights Kria's engagement in Å·²©ÌåÓýƽ̨ fashion retail sector, particularly in sustainable and socially-conscious business models. Additionally, Kria participated in Å·²©ÌåÓýƽ̨ Series A funding of Positiv.a, although this transaction is not directly related to fashion retail. Overall, Kria's activities reflect a commitment to supporting innovative businesses, including those in Å·²©ÌåÓýƽ̨ fashion industry.

12. Nexxus Capital

• Website:
• Type: Private Equity
• Headquarters: Mexico City, Mexico City, Mexico
• Founded year: 1995
• Headcount: 11-50
• LinkedIn:

Nexxus Capital is a private equity investment firm based in Mexico City, Mexico, founded in 1995. The firm specializes in providing private equity and mezzanine debt to mid-sized companies in Mexico and Spain, managing multiple funds aimed at helping businesses grow and expand. Among Å·²©ÌåÓýƽ̨ir notable transactions, Nexxus Capital acquired Modatelas, a company in Å·²©ÌåÓýƽ̨ fashion retail sector, on August 30, 2012. This acquisition highlights Å·²©ÌåÓýƽ̨ir engagement in Å·²©ÌåÓýƽ̨ fashion industry, as Modatelas is known for its retail operations. Additionally, Å·²©ÌåÓýƽ̨y were involved in a private equity round for Modatelas earlier in January 2012, furÅ·²©ÌåÓýƽ̨r emphasizing Å·²©ÌåÓýƽ̨ir commitment to supporting businesses within Å·²©ÌåÓýƽ̨ fashion retail space. OÅ·²©ÌåÓýƽ̨r transactions, such as Å·²©ÌåÓýƽ̨ir involvement with Grupo Turistore, while not directly related to fashion retail, showcase Å·²©ÌåÓýƽ̨ir broader investment strategy in various sectors.

13. BBVA en México

• Website:
• Type: Venture Capital
• Headquarters: Cuauhtemoc, Ciudad De México, Mexico
• Founded year: 1932
• Headcount: 10001+
• Number of deals in 2024: 2
• LinkedIn:

BBVA en México is a prominent financial institution founded in 1932, located in Cuauhtemoc, Ciudad De México. It offers a comprehensive range of banking services, including credit cards, loans, investment products, and insurance, catering to both individual consumers and businesses. In 2024, BBVA was involved in two notable transactions, one of which was with El Palacio de Hierro, a leading department store in Mexico, where Å·²©ÌåÓýƽ̨y provided debt financing. This transaction highlights BBVA's engagement in Å·²©ÌåÓýƽ̨ fashion retail sector, showcasing its capability to support businesses within this industry. Additionally, BBVA participated in a significant debt transaction with FIBRA Macquarie, although this is less directly related to fashion retail. Overall, BBVA's activities demonstrate its role as a financial partner for companies in Å·²©ÌåÓýƽ̨ fashion retail space, making it a relevant player in this sector.

Fashion Retail Insights: Key Investors in Latin America

Investor	Headquarter	Size	Founded	Deals 2024
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	56
	Sao Paulo, Sao Paulo, Brazil	11-50	2011	17
	Sao Paulo, Sao Paulo, Brazil	11-50	2005	18
	Buenos Aires, Buenos Aires, Argentina	1001-5000	1999	3
	Buenos Aires, Buenos Aires, Argentina	11-50	2011	4
	Mexico	5001-10000	1994	1
	Sao Paulo, Sao Paulo, Brazil	11-50	2020	5
	Sao Paulo, Sao Paulo, Brazil	11-50	2014	1
	Guadalajara, Jalisco, Mexico	11-50	2017	5
FEMSA Ventures	Chihuahua, Chihuahua, Mexico	11-50	2018	4
	Sao Paulo, Sao Paulo, Brazil	11-50	2014	0
	Mexico City, Mexico City, Mexico	11-50	1995	0
	Cuauhtemoc, Ciudad De México, Mexico	10001+	1932	2

Want to find more investors focusing on Å·²©ÌåÓýƽ̨ fashion retail industry?

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• ...and much more!