Polymath Ventures has announced it is planning its largest investment fund, called the “Horizon Fund”, to develop and invest $100M in high-impact companies across Latin America.
The fund marks the next stage in growth for the company, combining follow-on investments in its successful company-building initiatives with investments in other promising Latin America startups.
Polymath’s aim is to drive a digital revolution in service sectors for the underserved Latin America’s middle class.
Craig Edelman, Polymath’s founding partner, said: “the Horizon Fund principally aims to fill the Series A and B funding gap that curbs many promising Latin American ventures and to create a virtuous cycle of impact in LatAm.”
The Horizon Fund anticipates its first close in June 2019.