We built companies, scaled them, acquired others, and backed founders across Latin America through one of the most extraordinary decades of the region.
We heard hundreds of pitches, made great deals, wired the capital, and genuinely believed in what was being built. Nearly US$50 billion flowed into more than 6,000 startups in a single decade.
And then we watched, up close, what it left behind.
The picture no one talks about.
Founders who spent a decade building something durable and profitable, but without the right partner and patient capital to support them.
These founders are arriving at the most interesting chapter, yet the capital markets weren’t designed for what they built.
This is not bad luck – it’s structural.
A Gap, Not a Failure
Venture capital was designed for companies expected to go big or go home, and to return capital through a liquidity event on a fixed clock.
Strategic buyers and search funds want the company without the founder.
For founders who want to keep building, none of these sources truly fit.
Show me the money.
So we built 5X.
We are operators first. We work on how to build a team that lasts, how to bring in and retain new customers, how to apply AI across product and operations.
5X is built for Latin American founders who are the advantage, and can turn years of domain expertise, embedded workflows, and earned customer trust into a defensible value proposition in the AI era.
Our proprietary playbook — 5X Operating System — brings exactly this to every company we work with, and how to balance profits and growth.
We’d rather own an asset getting stronger every year, than a forced sale. This is our definition of partnership.
El fundador que es la ventaja.
Expertise de dominio
Tienen las relaciones, los instintos de producto y el juicio sobre lo que funciona en su mercado.
Crecimiento equilibrado
Balancean crecimiento y rentabilidad — y ven espacio para seguir escalando de forma sostenible.
IA como upside
Ven la IA como la palanca para hacer un negocio ya sólido aún más fuerte. Por eso creen en el compounding.
Our Team
One of LATAM’s most experienced tech executives and investors. At Microsoft, he led product management for Office and SQL Server, served as Business & Marketing Officer across LATAM, and CEO of Microsoft Peru. At Scotiabank, he built and scaled digital banks across Peru, Mexico, Colombia, and Chile. As an investor, he acquired Peru’s largest IT services company and founded AVP Ventures, the first VC firm in Peru. Board experience spans technology, banking, mining, and digital media. Systems Engineer, Universidad de Lima. MBA, Harvard Business School.
One of Peru’s most promising venture capital investors and dealmakers. At COFIDE, he structured the country’s first VC fund-of-funds and led its inaugural investment in Salkantay Ventures. At Salkantay, he evaluated 100+ startups, led fund operations and impact investing, and represented the fund across the regional VC ecosystem. He now leads M&A, fund management, and portfolio growth at 5X Capital. He teaches Business Planning and Finance at PUCP, holds a VC specialization from Berkeley Law, and completed entrepreneurship studies at IE University, Madrid.