Redwood Ventures

Redwood Ventures is a Guadalajara, Mexico-based venture capital firm founded in 2017 to back early-stage, high-impact technology startups in Latin America. The firm is led by Managing Partners Ian Paul Otero and Alejandro Gonzalez Aleman and operates under a dual mandate: serving as a Mexico-anchored VC for Latin American dealflow and as a broader global investor in frontier technology. Redwood launched Fund I at $7 million and has since raised Fund II, with 58 total investments and 25 active portfolio companies. The firm also maintains a strategic partnership with Seedstars Capital targeting up to $200 million of combined deployment across Latin America. Redwood leads rounds and invests at Seed through Series A stages across fintech, insurtech, healthtech, edtech, agritech, AI, IoT, cybersecurity, e-commerce, and mobility — with an explicit impact investing lens favoring businesses that address underserved needs across the region. Notable portfolio companies include MiSalud Health (telehealth for the Latino diaspora), Remitee (cross-border financial software), Crabi (digital auto insurance, which closed a $13.6 million round in June 2025 with Redwood following on), Minu (HR and salary-on-demand), Boletomovil (ticketing platform), and Parco (parking-lot operating system). Redwood's Guadalajara base is a deliberate choice: the city is Mexico's technology capital and sits outside the Mexico City gravity well, giving the firm early access to founders building for regional markets where US coastal investors have little visibility. The combination of local knowledge, an active operator network, and the Seedstars partnership provides portfolio companies with both financial backing and the cross-border distribution infrastructure needed to scale across Latin America's diverse and fast-growing markets.