PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/PRIVATE BETA — FOUNDER ACCESS ONLY/INVESTORS PERMANENTLY EXCLUDED/VERIFIED FOUNDERS ONLY/
← Fund Intelligence
DOSSIER // VERIFIED INTEL

ALLVP

Mexico CityALLVP
0
Truth Cards
0
Partners Rated
Avg Score
Get Access
Access Level
◈ Truth Cards
0 VERIFIED

No verified intel yet.
Be the first founder to leave a truth card.

Request Founder Access →
Dossier Summary

Mexico's leading early-stage venture firm investing in technology companies across Latin America.

Classification
Slugallvp
HQMexico City
Stage FocusPrimarily Series A and B rounds ($1-5M checks) in B2B Saa…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

ALLVP is the establishment LatAm fund that actually delivers on operational support, unlike some of their flashier competitors. They have real market knowledge in Mexico and aren't just Silicon Valley tourists. The partners genuinely roll up their sleeves post-investment, though they can be pretty intense about hitting numbers. They're particularly strong if you need help navigating Mexican regulations or enterprise sales. The downside is they can be slow to make decisions and conservative on valuations compared to US funds writing bigger checks in the region.

KEY TAKEAWAYS
  • Best for: Mexican B2B startups needing operational support and local connections
  • Watch out for: Conservative valuations and slower decision-making process
  • Known for: Actually understanding LatAm markets beyond just speaking Spanish
Investment Thesis

ALLVP focuses on early-stage technology startups across Latin America, with particular emphasis on Mexico and Spanish-speaking markets. They invest in B2B software, fintech, marketplace, and digital health companies that can scale regionally.

Stage & Sector Focus

Primarily Series A and B rounds ($1-5M checks) in B2B SaaS, fintech, marketplaces, and healthtech. Strong focus on Mexican market with some broader LatAm exposure. Portfolio skews heavily toward enterprise software and financial services.

Notable Portfolio
KonfioClipCreditasJüstoTruoraFondeadoraConektaAlphaCredit
Key Partners
Fernando Lelo de Larrea
Managing Partner

Former McKinsey consultant turned VC with deep Mexico connections. Known for strong operational support and network introductions. Founders appreciate his hands-on approach but can be demanding on metrics.

Rodrigo Baer
Managing Partner

Ex-Goldman Sachs investment banker who moved into tech investing. Strong financial background and deal structuring skills. More reserved than Lelo de Larrea but solid on strategic guidance.

Adriana Tortajada
Partner

Former startup operator who joined from the ecosystem. Brings practical scaling experience and is particularly strong on go-to-market strategy for B2B companies.

Have a specific question about ALLVP?

Ask Bernie →
INVESTOR ACCESS PERMANENTLY DENIEDBERNBOOK // DOSSIER v1