HTwenty is thrilled to announce our investment in Fudo, uniting with A16Z, Atlantico, and Latitud to fuel the growth and innovation of this dynamic venture. Having meticulously tracked Fudo’s growth over the past two years, H2O Capital witnessed explosive growth, uncovering strong fintech adjacencies, and capital efficiency. This comprehensive evaluation solidified our conviction to join forces with this exceptional team and support their journey to reshape the LatAm restaurant tech landscape.
Our strategic decision to invest in Fudo is deeply rooted in our commitment to fostering the success of groundbreaking companies. The formidable leadership team, led by CEO Justo José Ferraro and Founder and CTO Juan Manuel Cuello, showcases a wealth of experience and success in navigating the complexities of the LatAm restaurant tech landscape.
Fudo’s innovative approach to offering a next-generation cloud POS and restaurant management system, aptly dubbed the “Toast” for the region, aligns seamlessly with our investment philosophy around vertical SaaS. The company’s hyperlocal strategy, spanning operations in Chile, Argentina, Mexico, Colombia, and Brazil, positions Fudo as a significant player in the industry.
Together with A16Z, Atlantico, and Latitud, HTwenty eagerly anticipates actively supporting Fudo’s journey. Our investment reflects confidence in Fudo’s exceptional team, innovative product, and strategic growth plans. We look forward to playing a pivotal role in reshaping the LatAm restaurant tech landscape and contributing to Fudo’s continued success.