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Marathon Ventures

Marathon Ventures is an early-stage venture firm investing in Latin American B2B startups across marketplaces, software and embedded fintech, with support for founders beyond capital.

Marathon Ventures is an early-stage venture capital firm investing in Latin American B2B startups. Its stated focus spans marketplaces, software and embedded financial technology - software-based financial services delivered through non-financial products - with the firm backing teams building B2B products at the earliest stages. Cheque size, fund structure and founding date are not disclosed in available materials.

Portfolio composition suggests a sector-agnostic approach within the B2B thesis: holdings cover solutions in construction, healthcare, logistics, agriculture, retail and payments. The firm describes its investment stance as conviction-led, oriented towards ambitious founders and strong B2B products, with an explicit interest in regional talent turning product ideas into durable companies.

Support beyond capital is a defined part of the model. Marathon Ventures operates what it terms a 360-degree support platform, connecting portfolio founders with the Latin American business community and a global enterprise network. Specific offerings described by the firm include talent placement for portfolio companies, matching founders with advisors, and access to what it calls "smart capital" for follow-on needs.

The firm frames its mandate around B2B solutions contributing to innovation, social mobility and economic growth across Latin America, where it maintains its geographic focus.

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