What we've built
We build bold companies with a focus on:
Financial Inclusion | Regenerative Agriculture | Circular Economy
What we've achieved so far
Results reported by Fundamental across our portfolio. Our May 2024 Impact Report has the measured results and method.
Read the Impact Report- Users reached
- 42,000+
- Average annual income increase
- +34%
- Direct jobs created
- 600+
- Seed rounds raised
- 2
- Social Return on Investment
- 6.4x
- Catalytic factor of funds raised
- 15.4x
We don’t just invest in startups. We build them.
We find proven entrepreneurs and build companies with them from the ground up, designing the product, winning the first customers, proving the business model, and staying hands-on until product-market fit.
Every venture we build has one purpose: help Latin America’s small businesses grow in ways that weren’t possible before.
Why small businesses?
Micro and small businesses remain underserved by today’s markets. Our ventures change that, giving small businesses access to the products, financing, technology, and markets they need to grow.
We look for a balanced portfolio: asset light and asset heavy, tech driven and operations driven, proven concepts and breakthrough innovations. This allows us to tackle different market failures, create impact at scale, and diversify returns.
Our 2030 goals
Targets we're working toward, not results achieved.
- Ventures built
- 10
- Micro and small businesses doubling their income
- 10,000
- Jobs created
- 5,000
- People thriving
- 100,000+
Fundamental in brief
Short answers about who we are, what we build and how to reach us.
What is Fundamental?
Fundamental is an impact venture studio based in Mexico. We build startups from scratch with proven entrepreneurs to help Latin America's micro and small businesses grow. Fundamental started within FUNDES in 2021 and became independent in 2024.
How does Fundamental build startups?
We don't just invest in startups, we build them. We find proven entrepreneurs and build companies with them from the ground up, designing the product, winning the first customers, proving the business model, and staying hands-on until product-market fit.
Who do Fundamental's startups serve?
Micro and small businesses that today's markets underserve, including informal workers and small producers. Our ventures give them access to the products, financing, technology and markets they need to grow.
Which startups has Fundamental built?
Our portfolio has five startups: Trófica (Circular Economy), Andamio (Financial Inclusion), Simón (Financial Inclusion), Ékole (Regenerative Agriculture) and Voalá (Financial Inclusion). We focus on financial inclusion, regenerative agriculture and the circular economy.
What impact have Fundamental's startups had?
Our May 2024 Impact Report measured four of our startups with guidance from 60 Decibels: 20.4k users reached, 64.3% of users surveyed increased their income and 208 new jobs were created. The figures under “What we've achieved so far” are portfolio results reported by Fundamental, separate from that study.
What are Fundamental's 2030 goals?
These are targets we are working toward, not results achieved.
2030 targets, not results
- 10 ventures built
- 10,000 micro and small businesses doubling their income
- 5,000 jobs created
- 100,000+ people thriving
How can I contact Fundamental?
Email hola@fundamental.lat or use the contact form. We're looking for investors, philanthropic partners and entrepreneurial people who want to build with us.