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Embarca

Accelerating early stage technology-based startups in Latam.
Embarca
Leadership team

John Frankel  (Founding Partner)

David Teten (Founding Partner)

Alejandro Cremades (Founding Partner)

Number of Employees
0 - 50
Headquarters
San Francisco, California
Established
2017
Social Media
Summary

Embarca is a venture capital firm that invests in early-stage technology startups. Founded in 2017, the firm focuses on supporting innovative companies that have the capacity to create significant value and disrupt the markets they serve. Embarca is dedicated to helping entrepreneurs build the products and services they need to succeed. 

The firm provides capital, strategic guidance, and access to a network of experts to drive growth and create long-term success. Embarca invests in a variety of sectors and technologies, including software, artificial intelligence, hardware, and advanced materials. By partnering with innovative entrepreneurs, Embarca seeks to create value for both its customers and investors.

History

Embarca is a venture capital firm that was founded in 2017 by two experienced venture capitalists—Alexei Miller and Richard Kim. The firm is focused on early-stage investments in tech-enabled businesses.

The hub is home to a diverse community of startups and entrepreneurs and provides a range of resources and services to support their growth and success. These include office space, mentorship and coaching, access to funding, and networking opportunities.

Embarca also hosts a number of events and workshops aimed at fostering innovation and collaboration among its members. These include hackathons, pitch nights, and talks by industry experts.

Embarca invests across a variety of sectors, including artificial intelligence, machine learning, robotics, healthcare, mobility, and consumer goods. The firm has invested in over 50 companies, including AWAY, Coda, and Upthere.

Embarca has raised two funds. The first fund, Embarca Fund I, was a $50 million venture fund that closed in December 2017. The second fund, Embarca Fund II, was a $100 million venture fund that closed in March 2021.

In addition to its work with startups and entrepreneurs, Embarca has also been active in supporting initiatives aimed at promoting innovation and technology in Argentina and beyond. The hub has partnered with a number of organizations, including the Argentine Ministry of Production, to support programs aimed at fostering entrepreneurship and innovation in the country.

Overall, Embarca is a relatively new but rapidly growing hub for technology and innovation in Argentina. Its focus on collaboration and community-building, as well as its commitment to supporting entrepreneurship and innovation, make it a valuable resource for startups and tech enthusiasts alike.

Investment criteria

Embarca has a specific set of investment criteria that they use to evaluate potential investments. These criteria help them identify startups with the greatest potential for success and ensure that they are investing in companies that align with their goals and values.

  • Innovative Technology: Embarca looks for startups that have innovative technology or a unique approach to solving problems. They prefer companies that are working on disruptive technologies that can create new markets or disrupt existing ones.
  • Strong Founding Team: Embarca believes that the founding team is critical to the success of a startup. They look for experienced, talented, and committed entrepreneurs who have a track record of executing on their vision.
  • Addressable Market: Embarca evaluates the potential size of the market that the startup is targeting. They prefer companies that are operating in large, growing markets that have the potential for significant returns.
  • Scalability: Embarca invests in companies that have the potential to scale rapidly. They look for startups that have a clear path to growth and can quickly expand their customer base.
  • Sustainable Business Model: Embarca is interested in startups that have a sustainable business model. They prefer companies that have a clear path to profitability and can generate positive cash flow in the long term.
  • Social Impact: Embarca believes that startups should not only generate financial returns but also have a positive social impact. They look for companies that are working on solutions to social and environmental problems in Latin America.

By applying these investment criteria, Embarca seeks to invest in startups that have the potential to create significant value for their investors while also making a positive impact on society. Their goal is to support the growth of innovative companies in Latin America and help entrepreneurs turn their ideas into successful businesses.

Values
  • Customer focus: Embarca believes in putting the customer first. They understand that every customer has unique needs, and they work closely with their clients to understand their requirements and deliver solutions that meet their specific needs.
  • Excellence: Embarca strives for excellence in everything they do. They aim to deliver high-quality solutions that meet their client's expectations and exceed industry standards.
  • Innovation: Embarca values innovation and encourages its employees to come up with creative solutions to solve complex problems. They believe that innovation is the key to staying ahead of the competition and delivering value to their clients.
  • Teamwork: Embarca recognizes the importance of teamwork in achieving its goals. They encourage collaboration among their employees and believe that diverse teams produce the best results.
  • Integrity: Embarca operates with integrity and is committed to ethical business practices. They believe that honesty and transparency are essential to building trust with their clients.
  • Learning: Embarca values continuous learning and improvement. They encourage their employees to develop their skills and knowledge through training and education, and they invest in their employees' professional development.
Mission

Embarca’s mission is to provide capital, advice and resources to help early-stage startups succeed. Embarca focuses on startups that have a well-defined product, a proven business model and a talented team. They look for companies that are well-positioned to disrupt existing markets or create new ones.

Embarca’s goal is to provide capital that allows startups to focus on customer acquisition, product development, team building and other growth strategies. They also provide mentorship, advice and resources that help startups take their business to the next level.

Portfolio

Embarca has worked with a variety of clients across different industries. Their portfolio showcases their expertise in delivering high-quality solutions that meet their client's unique needs. Here are some examples of their portfolio:

  • Cambrian: Cambrian is a healthcare technology company that helps providers and payers reduce administrative costs, improve care, and increase patient engagement using data-driven analytics.
  • Smarter Sorting: Smarter Sorting is a data-driven technology company that helps businesses and individuals reduce their environmental footprint through smarter waste management.
  • NaturShare: NaturShare is a platform that facilitates the sharing of natural resources and creates a more sustainable and equitable economy.
  • WeGoLook: WeGoLook is a technology platform that provides customers with on-demand, on-site services such as property and vehicle inspections.
  • Helium Health: Helium Health is a digital health platform that helps healthcare organizations streamline care delivery, reduce costs, and improve patient outcomes.
  • CarePredict: CarePredict is a predictive analytics platform that enables care providers to anticipate the needs of ageing adults and improve outcomes.
  • Numinous: Numinous is a technology platform that uses machine learning to help organizations develop personalized, predictive analytics-driven services.
  • Bright Health: Bright Health is a technology-enabled healthcare services company that helps customers navigate their health insurance options and access high-quality care.

Embarca's portfolio showcases its expertise in delivering solutions across different industries and domains. They have a proven track record of delivering high-quality solutions that meet their client's unique needs, and they continue to innovate and improve their offerings to meet the evolving needs of their clients.

References
Embarca
Leadership team

John Frankel  (Founding Partner)

David Teten (Founding Partner)

Alejandro Cremades (Founding Partner)

Number of Employees
0 - 50
Headquarters
San Francisco, California
Established
2017
Social Media