Investor Type | Firm |
Industries | FinTech (& Financials services) • IoT (& Wearables) • A.I. (& Big Data) • Blockchain (& Cryptos) • Autonomous vehicles (& Cars) • Insurance (& InsurTech) • Logistics (& Distribution) |
Stages | Seed, Latin America, Series A, Series B |
Investing | United States • Brazil |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $2,500,000 |
Randon Ventures is an investment initiative by Empresas Randon aimed at funding innovative startups. They have a strong focus on technologies and markets that align with their expertise and strategic interests. Specifically, they look for companies operating in FinTech and Financial Services, IoT and Wearables, A.I. and Big Data, Blockchain and Cryptos, Autonomous Vehicles and Cars, Insurance and InsurTech, and Logistics and Distribution. Their investment strategy spans from seed to Series A and Series B rounds, with a preference for Latin American markets. Randon Ventures targets investments ranging from a minimum of $100,000 to a maximum of $5,000,000, with a sweet spot of around $2,500,000 for the deals they pursue. They bring value to their portfolio companies by offering mentorship from high-level executives, strategic networking opportunities, a startup-friendly structure for dialogue, and environments suitable for testing and developing pilot projects. Moreover, the firm provides startups the chance to leverage Empresas Randon's solid reputation in national and international markets along with access to a leading tech innovation ecosystem, which includes partnerships with prominent accelerators such as ACE, Ventiur, and Baita. Empresas Randon has over 75 years of history, a global presence across more than 120 countries, and leadership in the manufacture of trailers and semi-trailers, auto parts, and in providing financial and digital services. The organization headquartered in Caxias do Sul (RS), Brazil also operates the largest automotive technology center in Latin America, known as CTR, actively contributes to the innovation ecosystem through initiatives like Conexao and Randon Ventures, supports scientific research through the Herclio Randon Institute, and pursues social transformation via the Elisabetha Randon Institute. Randon Ventures seeks to invest in and accelerate startups that can deliver real market solutions with synergies to Randon's corporate business areas.