MELI Fund
Profile, fund size and portfolio
MELI Fund is the corporate venture arm of MercadoLibre, Inc. (E-commerce and fintech). It was founded in 2013 and is based in Buenos Aires, Argentina. It invests from Seed to Series B in commerce, financial services and fintech, logistics.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series B |
| Sectors | Commerce, Financial services and fintech, Logistics, Artificial intelligence, Blockchain, Fraud prevention |
| Geography | Latin America: Argentina, Brazil, Chile and Mexico ; fund page counter says 5 countries |
| Offices | Buenos Aires, Argentina |
Sources: S1 MELI Fund landing page (counters, 28 portfolio names, news headlines); S2 Mercado Libre newsroom (Portuguese): MELI Fund page (created 2013, 27 companies, strategies, cheque bands).
Data behind this graphic
The firm has not published a portfolio breakdown.
Sources: .
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | USD 60M+ | Cumulative invested | Stated by the firm or its parent | S1 |
| Companies backed | 28 | companies | Stated by the firm | S1 |
| Companies on the firm's portfolio page | 28 | companies | Counted from the firm's own list | S1 |
Sources: S1 MELI Fund landing page (counters, 28 portfolio names, news headlines).
Where it invests and who leads it
Geography
- Headquarters
- Buenos Aires, Argentina
- Offices
- Buenos Aires, Argentina
Investment regionsS1S2
- Latin America: Argentina, Brazil, Chile and Mexico ; fund page counter says 5 countries
LeadersS4S13S12
- Sandra Velasco LopezCountry Lead, MELI Fund (Mexico and Colombia)Find on LinkedInFirm page
- Jose OrtizDirector of Corporate Development, Mercado Libre (title as of May 2021; ran M&A, alliances and the fund)Find on LinkedInFirm page
- Renato PereiraSenior Director of Corporate Development, Mercado Libre Brasil (title per LAVCA Week and Exame 2021)Find on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | MercadoLibre, Inc. | Single source | S2 |
| Parent industry | E-commerce and fintech (Mercado Libre marketplace and Mercado Pago) | Single source | S1 |
| Founded | 2013 | Single source | S2 |
| Headquarters | Buenos Aires, Argentina | Single source | S2 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | USD 60M+ (Cumulative invested) | Single source | S1 |
| Companies backed | 28 | Single source | S1 |
| Stages | Seed, Series A, Series B | Single source | S1 |
For founders
| Item | What the firm says | Source |
|---|---|---|
| Stages | Seed, Series A, Series B | S1 |
| Check size, Seed | USD 50,000 to USD 300,000 | S2 |
| Check size, Series A | USD 300,000 to USD 1M | S2 |
| Leads rounds | No. "normalmente investe ao lado de fundos" | S3 |
| Beyond capital | Access to Mercado Libre products, solutions, expert teams and distribution channels, and as a client | S1 |
Portfolio
The firm's portfolio page lists 28 companies: 28 active.S1
Every company on the MELI Fund list
28 companies, as listed on the firm's own website.S1 Read the firm's list.
- 123 Seguro
- AdVentures
- Alephee
- Arrow
- Brandlovrs
- Carflix
- Cilia
- CXC
- Digital House
- Elenas
- EmCasa
- Felix Pago
- idwall
- IMS (Aleph)
- Ingresse
- Intuitivo
- Lift It
- Mercado Bitcoin
- Mevo
- Nubimetrics
- OpenCo
- Paxos
- Pier
- Producteca
- Real Trends
- Tapi
- Trocafone
- Warren
Notable outcomes
IPOs and acquisitions of portfolio companies. Price shown only where published.
Recent rounds
Fund vehicles
| Vehicle | Size | Year | Note | Source |
|---|---|---|---|---|
| MercadoLibre Commerce Fund | USD 10M | 2013 | Announced 11 April 2013 as a USD 10M mandate | S8 |
History
Where sources disagree
Official pages
Read the firm's own pages for current information.
- Website www.mercadolibre.com/fund
Sources
- S1MELI Fund landing page (counters, 28 portfolio names, news headlines)Firm
- S2Mercado Libre newsroom (Portuguese): MELI Fund page (created 2013, 27 companies, strategies, cheque bands)Parent company
- S3Exame (Portuguese): Mercado Livre fund increases bets on Brazilian startups (2021-01-28)Press
- S4LAVCA profile: Sandra Velasco Lopez, MELI Fund Country Lead Mexico and ColombiaThird-party report
- S5TechCrunch: Felix Pago raises USD 15.5M (2024-05-28)Press
- S6Contxto: Mexico's CXC secures USD 32.6M Series A (2024-10-22)Press
- S7Paxos newsroom: Mercado Libre announces investments in Mercado Bitcoin and Paxos (2022-01-20)Portfolio company
- S82001online (Spanish): MercadoLibre launches fund, USD 10M (2013-04-11)Press
- S9Bolsamania/PR Newswire: Zenvia acquires Sirena (2020-07-28)Press
- S10Bloomberg Linea (Portuguese): Kangu acquired by Mercado Livre (2021-08-27)Press
- S11Search result listing Sandra Velasco Lopez LinkedIn (Mercado Libre role listed to February 2025)Third-party report
- S12LAVCA Week speaker bio: Renato Pereira, Senior Director of Corporate Development, Mercado Libre BrasilThird-party report
- S13Startupeable: Ep. 20 show notes, Jose Ortiz, Director of Corporate Development, Mercado Libre (2021-05-26)Third-party report
- S14Existing fact-checked profile (internal): profiles/mercado-libre-meli-fund.md (roster read 2026-09-30)Firm
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by MELI Fund or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.
Spotted a mistake? Report a correction.