99 Tartups Capital

99 Startups (listed in the original data as '99 Tartups Capital,' which is a typographical error) is a Latin America-focused venture capital firm founded in 2016, formerly known as Xylo Capital. The firm operates from Mexico City and invests at pre-seed and seed stage in fintech, SaaS, and infrastructure startups across Latin America, with typical check sizes between $50,000 and $150,000. The firm manages a seed fund of approximately $5 million and targets founders building scalable financial services, enterprise software, and technology infrastructure for the Latin American market. With a portfolio of approximately 80 investments across Mexico, Argentina, Colombia, Peru, and other LatAm markets, the firm has established itself as an active early-stage backer of regional founders. According to the team's own reporting, 55% of portfolio companies have operations in Mexico, 15% in Argentina, 10% in Colombia, and 10% in Peru, reflecting a distributed pan-LatAm strategy. The firm meets with approximately 380 startups per year and invests in roughly 3.5% of those reviewed, a selectivity rate the team describes as high relative to the sector. Data note: the original directory entry contains several discrepancies. The firm name contains a typographical error ('Tartups' rather than 'Startups'). The city listed (São Paulo, Brazil) appears incorrect as the firm is Mexico City-based. The URL in the original entry (99startups.com.br) also appears to be incorrect; the firm's actual website is 99startups.com. Verified portfolio companies include Altis, WiseCricket, and Cashea.