We invest in AI-first companies.
B2B software and infrastructure that automates critical work, goes deep in every vertical and accelerates the expansion of Latin America's companies — headquartered in Chile with reach into Mexico, Brazil and global markets.
How we invest
We lead and co-lead Late Seed and Series A rounds with checks of US$1M to US$3M, with the capacity to keep backing the best teams in later rounds. We reserve “Pay to See” checks of US$100K to US$500K for promising companies at earlier stages.
We look for companies with ARR between US$1M and US$4M, recurring or highly repeatable revenue models, a product embedded in critical workflows, real use of AI to automate execution or improve margins, and a clear regional expansion roadmap — with Mexico and Brazil as the first markets to scale, followed by the United States and Europe.
The macro conviction
Latin America is no longer a market for digital experimentation. It is a mature, fragmented corporate economy with systemic efficiency gaps in traditional industries such as manufacturing, logistics, healthcare, legal, construction and financial services. Those gaps don't close with imported horizontal tools. They close with vertical software that understands the local workflow, local regulation and local buying behavior.
Artificial intelligence rewrites the equation: it makes it possible to automate knowledge-intensive processes end-to-end, expand margins without scaling headcount, and monetize outcomes instead of licenses. The winners won't add AI as a feature. They'll use it to redesign entire workflows and capture labor and outsourcing budgets, not just software budgets.
The differentiating insight
Across Latin America there are exceptional founders building vertical B2B platforms with real product-market fit: ARR between US$1M and US$4M, healthy gross margins and reference corporate clients. Many reach that stage with remarkable capital efficiency.
The problem isn't the product. It's the next frontier.
Expanding into Mexico or Brazil without the right networks is slow, costly and full of mistakes others have already made. Mexico is the natural entry market for anyone coming from the Spanish-speaking world: a dense corporate base, access to the corridor between the United States and the region, and enterprise buyers with budget. Brazil is the region's largest economy, but it demands a different localization on every dimension: language, taxation, regulatory framework and enterprise sales dynamics. It's not an extension, it's a new market.
Capital alone solves neither. What accelerates expansion is direct access to decision-makers, operators who have already lived through that process, and founders who made the mistakes before you.
That access is exactly what Taram brings. Our network of more than 50 founders, operators and investors across Chile, Peru, Mexico, Brazil, the United States and Europe puts every company in front of the right decision-makers from day one. It's not a promise: it's the edge we bring to the table.
Exit strategy
The primary path to liquidity is strategic acquisition by global category leaders. Vertical depth, localization and AI-powered workflows turn our companies into natural targets: data assets, teams and market position that a global player can't build organically at the speed it needs.
When a strategic buyer doesn't appear, a sale to a financial buyer is a valid alternative. Secondary sales offer partial liquidity in later-stage companies, without being a priority. An IPO is not part of our base case.
Four advantages that compound.
In markets that are still fragmenting, being first to reach the reference corporate clients in Mexico or Brazil defines the category winner. The window is now.
The best companies aren't peripheral tools. They become the daily system where work happens, with real switching costs and proprietary operational data.
Every interaction improves automation, pricing and decision intelligence within that specific vertical. That asset isn't copied, it compounds.
Tax regulation, enterprise procurement processes and each country's culture are a complexity that builds advantages global players can't replicate quickly. That's why localization isn't a feature: it's a moat.
What does Taram Capital look for in a company?
Taram Capital looks for companies with ARR between US$1M and US$4M, recurring or highly repeatable revenue, a product embedded in critical workflows, real use of artificial intelligence and a clear regional expansion roadmap.
What is Taram Capital's exit strategy?
Taram Capital's primary path to liquidity is strategic acquisition by global category leaders. Sales to financial buyers and secondary sales are alternative routes.
What sets Taram Capital apart from other funds?
Taram Capital backs companies with access through the Taram Venture Partner Network (TVPN): more than 50 founders, operators and investors across Chile, Peru, Mexico, Brazil, the United States and Europe who connect the portfolio with clients, talent and capital.
Why does Taram Capital invest in AI-first B2B software in Latin America?
Taram Capital sees Latin America as a mature corporate economy with efficiency gaps that close with vertical software. Artificial intelligence makes it possible to automate knowledge-intensive processes and capture labor and outsourcing budgets, not just software.
We back you with access.
Taram doesn't back you with capital alone: we back you with access.
Our active network of more than 50 founders, operators, investors and corporate executives — each one invested in the fund — spans Chile, Peru, Mexico, Brazil, the United States and Europe. It's the concrete mechanism through which a company from the region lands its first corporate client in Mexico, its first meeting with a strategic acquirer in the United States, or its first operator who has already scaled in Brazil.
Founders of companies already established in the region sit on our investment committee and evaluate product, market and expansion potential with first-hand experience.
