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Last Update
Feb 28, 2018
The InvertUP Fund aggregates the best startups from our Latin American Accelerators Network.
Our core mission is to democratize venture investments and reshape the traditional Venture Capital industry for startups and investors.
In order transfer the value fromt he fund to investors, we’ve developed a simple bonus distribution mechanism as well as a token buyback process.
Here’s how it works:
If a startup in the portfolio generates outstanding profits, then Mango Startups consents to distribute this “bonus” to all token holders through a prorated coin airdrop. This will immediately transfer value to all investors.
Moreover, if a startup in the portfolio experiences a liquidity event (i.e an exit or an M&A), then Mango Startups will spend the net profit to purchase out Mango tokens from investors through secondary exchanges, in a token buyback process.
InvertUP Fund is formed
Oct 2014
October 2014
InvertUP to lead the LATAM Accelerators Network (R
Oct 2015
October 2015
Batch 1 Selected
Dec 2015
December 2015
Batch 1 Selected
InvertUP enlisted in National Stock Exchange
Jun 2016
June 2016
First Exit - M&A Kiboo/ADC Mobile - $6M
Nov 2016
November 2016
Alliance with Fintech Accelerator Aldesa
Jul 2017
July 2017
Batch 2 Selected
Nov 2017
November 2017
ICO - Crowdfunding Starts
Mar 2018
March 2018 - ICO - Crowdfunding Starts
After the ICO
2018
Verified 17%
Attention. There is a risk that unverified members are not actually members of the team
It’s the first ICO which is backed by a VC Fund in Latin America. The fund will make use of blockchain for early stage investments in promising tech companies, The fund will invest in a diversified portfolio of up to 24 tech startups in Latin America region. This will be done to offer liquidity, transparency and clear exit strategy for the investors. The tokens will be sold to the interested investors through secondary exchanges where these will be made available to the investors after ICO. The platform developers have set a goal of $3M to raise through the ICO. Mango StartUp has the option to purchase up to 35% membership interest in the InvertUP. Fund batch 2 portfolio of $ 1M. Remaining funds will be used to increase the size of the portfolio to 24 companies.
