Capital raising services in Peru

Peru's VC market is smaller than Brazil, Mexico or Colombia in absolute terms but is attracting increasing cross-border attention as Lima-based fintech, edtech and commerce businesses reach regional scale.

Yape's rapid growth as BCP's mobile wallet, Crehana's expansion into corporate L&D, and Kambista's traction in FX have put Peruvian founders on the radar of Salkantay Ventures, Angel Ventures and US growth funds operating across the Pacific Alliance.

Flow runs end-to-end VC fundraising mandates for Peruvian companies targeting mid- to late-stage growth capital: pitch deck and operating model, investor targeting across our VC network, process management and term-sheet negotiation to secure the best available terms.

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VC rounds raised in the last 12 months in Peru

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Median VC valuation (across all stages) in Peru

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Median VC revenue multiple (across all stages) in Peru

$31M

Largest VC round raised in Peru in the last 12 months

Raising venture capital in Peru

Peru's VC market is small by Latin American standards, with Lima as the centre. Most material rounds at Series A and later involve an offshore holding structure (Delaware) for international investor familiarity and Pacific Alliance-related capital flows.

Documentation conventions

Most venture-backed Peruvian rounds use offshore-parent (Delaware) NVCA-aligned documentation. Pure-Peruvian rounds adapt to S.A. or S.A.C. (Sociedad Anónima Cerrada) mechanics.

SAFEs and Peruvian convertibles

Y Combinator SAFEs are widely used in Peruvian seed and Series A rounds with a Delaware parent. Peruvian-law convertible instruments are used in pure-Peruvian structures.

Holding structure choice

Most venture-backed Peruvian companies operate via a Delaware holding parent over Peruvian operating subsidiaries - preserves international investor familiarity and exit mechanics while keeping ProInnóvate eligibility at the local subsidiary.

Round structure norms

Priced rounds use 1x non-participating liquidation preference with broad-based weighted average anti-dilution. Founder vesting (4-year, 1-year cliff) is increasingly standard.

Foreign investment registration

Foreign investment in Peruvian entities requires registration with ProInversión for certain regulatory purposes. Most pure-tech rounds operate without sector-specific approval.

Closing mechanics

Closings vary by structure - offshore-parent closings follow international conventions. Peruvian-domestic closings involve SUNARP (commercial registry) filings and notarial procedures.

Startups who recently raised money in Peru

Largest VC round raised recently in Peru was a $31M Undisclosed stage of LEASY in December 2025.

See all VC rounds in Peru
LogoHQDescriptionInvestors
Dec-25
LEASY
LEASY is a Latin American FinTech platform founded in 2018 specializing in vehicle financing for ride-hailing drivers. Through algorithmic profile analysis, it matches users to cars and structures subscription plans leading to ownership. The service streamlines access to reliable transportation for gig economy workers.
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$31M
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Undisclosed stage
Mar-26
Prestamype
Prestamype is a Peruvian fintech providing secured working capital loans to micro and small businesses, backed by real estate collateral. Launched in 2017 in Lima, the company has disbursed over $24 million to 750 entrepreneurs as of October 2021 and introduced Cambio Seguro online FX platform in 2019 plus digital factoring in 2020. Prestamype secured investments from INCA Ventures and Angel Ventures Peru in 2021.
Alive VenturesOikocredit International+1
$2.0M
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Undisclosed stage

Top VCs and strategic investors in Peru

Salkantay Ventures, Oikocredit International, Alaya Capital and Alive Ventures funded the most startups in Peru in the last 12 months.

See all VCs in Peru
LogoHQDescriptionKey portfolio
Salkantay Ventures
Salkantay Ventures is a Lima-headquartered venture capital firm investing in early-stage technology companies across Latin America. It backs scalable startups addressing regional challenges in fintech, edtech, healthtech, and logistics, partnering with founders to achieve high financial returns and market impact.
PrestamypeEQUIPWelli
3
Seed
Oikocredit International
-
PrestamypeSindhuja MicrocreditDjamo+1
2
Seed
Alaya Capital
Alaya Capital is a Mexico City-based venture capital fund investing in technology startups across Latin America. The firm backs fintech, edtech, and healthtech ventures in Mexico, Brazil, and Colombia, aiming to scale regional innovators with follow-on funding rounds.
EQUIPMegaBite FoodXimple+1
2
Seed
Terraflos
Terraflos is a Latin America-based consumer science company producing wellness supplements, functional foods, and cosmetics from bioactives via plant cell culture and synthetic biology. Its portfolio features Vitalis supplements, NutriCo beverages, and botanical extracts from Blueberries division. Operating R&D labs in Colombia and manufacturing in Mexico, Terraflos employs AI system JEN for product formulation. The vertically integrated model spans Kromberg CDMO and Caliz.bio biotech arms. Established in 2021, it distributes through D2C channels and B2B partnerships.
Nutri Co
2
Seed
Alive Ventures
Alive Ventures is a startup studio focused on building ventures that support aging populations in living, working, and socializing independently. Originating from the SCAN Foundation in 2020, the San Francisco-based studio de-risks product development by pairing design talent with entrepreneurs. It has launched companies addressing senior mobility, telehealth access, and community engagement tools. Alive Ventures provides seed funding, prototyping, and go-to-market strategies while leveraging partnerships with healthcare providers and tech accelerators across California.
PrestamypeGoodSAMSocialize+1
1
Undisclosed stage
Venture Do
Venture Do is a startup accelerator and venture builder serving digital SMEs and entrepreneurs in the Dominican Republic. Based in Santo Domingo, the firm runs programs like Venture Do Academy and Scale Up to provide mentorship, funding access, and co-working spaces. Venture Do collaborates with corporations such as Banco Popular and Claro for corporate venturing initiatives.
Price LabQuixAlterEstate+1
1
Pre-seed
Artfo Holdings
Artfo Holdings is a Hong Kong-based venture capital and private equity firm investing in technology, consumer goods, and healthcare startups across Asia. The firm manages funds targeting early-stage and growth companies, with portfolio investments in fintech platforms and e-commerce ventures in China and Southeast Asia. Artfo provides operational support, strategic partnerships, and follow-on funding to scale businesses regionally.
Nutri Co
1
Seed
Katapult
Katapult is an Oslo-headquartered impact venture capital firm that funds early-stage tech startups addressing UN Sustainable Development Goals. Investments target ocean health, climate solutions, and African markets via accelerators and a dedicated fund. Katapult hosts the annual Future Fest conference and operates a foundation to channel high-net-worth capital into regenerative technologies.
CirkulaBrineworksBedrock Ocean Exploration+2
1
Pre-seed
DeBa Ventures
DeBa Ventures is a Tel Aviv-based investment firm focusing on early-stage technology startups in cybersecurity, fintech, and software sectors. It provides capital and strategic support to portfolio companies operating in Israel and Europe.
LEASYMundiNovus Technologies+2
1
Series A
NOA Capital
NOA Capital is a Tel Aviv-headquartered investment advisory firm supporting technology-focused businesses with capital deployment, extensive networks, and trust-building mechanisms. The firm targets growth-stage companies in sectors like fintech and software through strategic advisory and funding facilitation.
LEASYPetwealthMonato+1
1
Series A

What if not VC? Non-equity funding in Peru

Peru's non-dilutive funding stack is moderate but accessible - between ProInnóvate, COFIDE and the R&D tax incentive, Peruvian startups have multiple paths to extend runway.

ProInnóvate grants

ProInnóvate Perú provides federal innovation grants and acceleration support across multiple programmes. The main public-sector non-dilutive capital source for Peruvian startups.

COFIDE lending

COFIDE provides subsidised lending and guarantees for Peruvian SMEs. Often used alongside private VC for working capital and growth.

Peruvian R&D tax incentive

Up to 240% deduction on qualifying R&D expenditure for SMEs (175% for larger companies), subject to CONCYTEC pre-approval. Generous on paper but administratively heavy.

Peruvian angel ecosystem

Crehana, Rappi-Peru, Yape and other Peruvian tech alumni anchor a growing angel scene. UTEC Ventures and Endeavor Peru coordinate structured investment.

Pacific Alliance access

Peru's membership in the Pacific Alliance (with Chile, Colombia, Mexico) provides regulatory and tax-treaty benefits for cross-border investment within the bloc. Useful for Latin American expansion strategies.

Cross-border venture debt

Cross-border providers (Sympatico Capital, Partners for Growth) operate in Peru alongside COFIDE-backed lending. Typically deployed against ARR or contracted revenue from Series A onwards.

Why Flow Partners as your capital raising advisor?

We operate across four key principles that continuously allow us to deliver successful capital raising advice to winning founders in Peru.

Kraft KPI-driven narrative

High-growth companies require thorough understanding to accurately capture their value potential. We build compelling, data-driven equity stories that resonate with investors and minimize due diligence intensity.

Move fast and cut the BS

We have a strong appreciation for the power of speed and efficiency when fundraising. Expect a rigorously efficient deal process with minimized management distraction. Founders run the business, we pick up the heavy lifting.

Access relevant investors

Our close relationships with leading late-stage VC and growth equity investors as well as non-traditional capital providers, like family offices and sovereign wealth funds, enable us to find best-fit partners for a given scenario.

Valuation is only one part of the equation

When it comes to growth capital, valuation is only one side of the medal. We help to bridge incentive gaps between founders and investors and make sure you raise money on best possible terms.

Selected case studies

We've advised companies from series A to series D and beyond.

Our capital raising experience spans across various tech sectors and geographies.

Client logo

We advised Elysian Fields on its investment into Orka, a Reykjavik-based portfolio of online consumer lending platforms, supporting deal structuring and growth-capital deployment in the Icelandic fintech market.

Client
Client
Client
Client
Client
Client

Recently completed VC fundraising projects

Selected capital-raising mandates and prior investment experience.

Volocopter logo

Investment

Volocopter logo

€50m investment from Geely. All-electric air taxis with vertical takeoff and landing.

AU10TIX logo

Investment

AU10TIX logo

$60m investment from TPG. ID authentication and digital record conversion software.

FlixBus logo

Investment

FlixBus logo

Investment from Silver Lake. Online intercity bus service across Europe, North America and Brazil.

Pipedrive logo

Investment

Pipedrive logo

Growth investment. Cloud-based sales CRM and pipeline management software.

ALOHA logo

Investment

ALOHA logo

$30m growth investment. Food and beverage brand with plant-based protein products.

BIScience logo

Investment

BIScience logo

Investment from WPP / Kantar. Digital and behavioral data intelligence provider.

Work4 logo

Investment

Work4 logo

Growth investment. Recruitment app for employer-candidate social media engagement.

RankAbove logo

Investment

RankAbove logo

Growth investment. End-to-end search engine optimization platform.

Yatego logo

Investment

Yatego logo

Investment from Acton. Virtual shopping mall and online marketplace platform.

XING logo

IPO Advisory

XING logo

€68m IPO. Career-oriented social networking site for the DACH region.

CRA logo

IPO Advisory

CRA logo

€1.2bn IPO. Czech digital infrastructure platform (telecom and ICT).

Delticom logo

IPO Advisory

Delticom logo

€41m IPO. Europe's largest online car and motorcycle tire platform.

Got questions?

Schedule a call ordrop us an email to learn more about our CFO-as-a-service, capital raising and M&A advisory offering.

Unlike traditional fundraising advisors, we truly understand tech businesses and the unique challenges they face. Our investment banking background combined with deep sector expertise allows us to build compelling equity stories and reach the right investors with conviction.

More services

We're with you before and after raising VC money: we help you organise your FP&A as fractional CFOs, and coordinate your M&A process.

Fractional CFO in Peru

We integrate into your workflows to help with financial modelling, build out FP&A tech stack, and ultimately provide guidance towards an M&A or raising venture capital.

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M&A in Peru

We advise winning tech companies on M&A exits, and over the years successfully executed numerous transactions with both financial and strategic buyers.

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