Honest builders.
Patient capital.
Work that lasts.
We back founders who can't stop building — across technology, traditional businesses, and funds. And we build the companies we wish existed.
Four strategies.
One discipline.
We deploy capital across four parallel strategies. Each treated as a peer — equal weight, equal rigor, equal honesty.
Super Scalers
Direct equity in scalable technology companies, from Series A to pre-IPO. Same thesis, every stage.
Founder-first
Traditional categories where the founder is anything but. Patient capital, operating support.
Funds
LP positions in thesis-driven managers with strong governance.
Incubator
Companies we build ourselves when we see a gap we believe in.
We don't back ideas.
We back people.
Five traits we look for. We've never made a great investment without them — and never recovered from one made despite their absence.
Honest.
Radical transparency about what's working, what's broken, and what they don't know yet. The first quality we test for — and the last we forgive the absence of.
Driven.
Relentless internal motor. Not the founder who wants to be seen building — the founder who can't stop building.
High agency.
When something is broken, they fix it. They don't wait for permission, perfect information, or someone else to step up. Constraints are inputs, not excuses.
First principles.
They reason from the ground up — not from analogies, playbooks, or what their competitors are doing. The hardest problems are often hidden in unchallenged assumptions.
They build to create.
They build companies that employ people, lift communities, and compound value beyond their cap table. Wealth as a byproduct, not the goal.
Companies & funds.
Frontier AI lab building Claude. Backed at Series B.
LPU inference chips for sub-second LLM serving. Backed at MVP.
Autonomous spacecraft for space domain awareness and orbital security.
Alternative data infrastructure for credit underwriting. Backed at Seed.
Latin America's largest used-car marketplace.
Latin America's super-app for delivery, finance, and commerce.
We backed Letter at an early stage. The company wound down. We keep it on this page because honest track records include the misses.
Premium purified water for Mexican households and businesses.
One of the world's leading technology-focused crossover funds. Founded by Philippe and Thomas Laffont.
Early-stage venture fund focused on Latin American technology founders.
Mexico-focused venture capital fund backing technology and consumer category leaders.
Pre-IPO secondary fund focused on category-defining tech leaders.
Pioneer venture capital fund dedicated exclusively to cybersecurity.
Mexican financial platform for entrepreneurs. ACCESA (IFPE), SOFOM, SOFIPO in process. 6,000+ active clients.
Bank-as-a-Service for the U.S. Hispanic market — built on a chartered bank we acquired, San Diego Bank of Texas.
Enterprise software firm — McKinsey-style consulting with Globant-scale engineering. Custom platforms for Bank of America, BBVA, HSBC, Rappi, Pfizer, Chubb. Sold 2021.
We don't just
invest. We build.
Three companies built from zero. Two operating, one exited.
Mexican financial platform for entrepreneurs. ACCESA (IFPE), Metafinanciera SOFOM, SOFIPO in process. 6,000+ active clients.
Bank-as-a-Service for the U.S. Hispanic market — built on a chartered bank we acquired, San Diego Bank of Texas.
Enterprise software firm. McKinsey-style consulting meets Globant-scale engineering and the Spotify Squads model. Built custom platforms for Bank of America, BBVA, HSBC, Rappi, Pfizer, and Chubb.
Family capital.
Institutional discipline.
M·Square is a family-backed investment firm. We deploy across four strategies with the patience family capital allows — and the rigor long-term outcomes demand.
“We don't have a fund cycle. We have a thesis, and we have time.”
Operators first.
Investors second.
A small team that has built, scaled, and sold companies. We invest the way we'd want to be invested in.
Operator-first leader with multiple build-and-exit cycles across financial services and enterprise software.
Investor and operator focused on direct technology equity and fund manager selection.
Underwriting, diligence, and portfolio support across the four strategies.