We are thrilled to share that we have successfully closed a significant $9 million funding round, led by Mouro Capital, a $400 million venture capital fund specialized in the intersection of financial services and technology. The round also included investment from Endeavor’s Forward Fund, Full Spectrum Capital, Anteris, and angel investors who trust in our potential to impact over 30 million people by 2025.
This funding represents a key step in our mission to transform the collections industry in Latin America. The resources will be allocated to advancing artificial intelligence, strengthening the digitalization of collections processes for financial institutions, expanding through mergers and acquisitions across the region, and acquiring new credit portfolios.
We recognize that debt recovery in Latin America faces significant challenges, including complex regulatory environments and economic instability, which lead to costly and manual processes for creditors. At Colektia, we are convinced that through our technological solutions, we can help financial institutions overcome these obstacles, enhance operational efficiency, and improve customer experience.
Our operations currently include Mexico, Chile, Peru, and Colombia, and we aim to establish ourselves as a key player in a $3.5 billion market.
Thanks to our AI-powered technology, we have transformed debt collections into a more strategic, automated, and customer-centric process. This has allowed financial institutions to increase recovery rates and reduce collection costs by up to 30%.
Gabriel Monroy, our CEO and co-founder, highlights:
“Our mission is to lead a new era in debt recovery by building AI-driven customer experiences for financial institutions. This funding will enable us to deepen our AI and automation capabilities and expand our reach in Latin America, offering smarter, highly efficient, ethical, and customer-focused collection processes. This is just the beginning.”
Before this round, we had raised $6.3 million from investors such as Fen Ventures, Angel Ventures, Nazca, Kayyak Ventures, Devlabs, and Wayra Chile, among others. This backing has enabled us to manage over 15 million individuals and $1.6 billion in debt across four countries. Additionally, we achieved a compounded annual growth rate (CAGR) of more than 170% between 2018 and 2023, achieving positive net profitability last year.
“This investment will allow Colektia to enhance its technology, expand into new markets, and seize acquisition opportunities to drive its growth,” said Manuel Silva Martínez, General Partner at Mouro Capital, who will soon join our board of directors. “We are delighted to support Colektia in revolutionizing debt collections across Latin America. We are confident that this company has the power to redefine the industry with AI solutions that enhance collections and prioritize customer experience,” he concluded.
This achievement is the result of the efforts of everyone at Colektia. Thank you for being part of this transformation!
