What is Somos?
Founded in 2018 and based in Medellín, Colombia, Somos is at the forefront of challenging existing paradigms in basic infrastructure. The company's core objective is to ensure equitable access to fundamental services for everyone, with an initial focus on the internet. Leveraging its proprietary FiberWave technology, Somos aims to deliver internet connections that are not only faster and more stable but also more affordable. This innovative approach seeks to redefine the relationship individuals have with connectivity, providing enhanced internet services to a broader population across Latin America and paving the way for a more connected future.
How much funding has Somos raised?
Somos has raised a total of $13.4M across 1 funding round:
Angel/Seed
$13.4M
Angel/Seed (2023): $13.4M with participation from K50 Ventures, Kazsek Ventures, and Nazca Ventures
Key Investors in Somos
K50 Ventures
K50 Ventures is an early-stage venture capital firm that partners with founders from the inception of their companies. They specialize in sectors such as healthcare, financial services, and industrials, investing in innovative solutions that leverage technology. With a significant portfolio value and a focus on both the United States and Latin America, K50 Ventures provides strategic insights and support to accelerate founder growth.
Kazsek Ventures
Kazsek Ventures is an investment firm that has participated in this funding round for Somos. Further details on their specific investment focus or past portfolio are not publicly available, but their involvement suggests a strategic interest in the technology and infrastructure sectors within Latin America.
Nazca Ventures
Nazca Ventures is an investor in Somos's recent funding round. While specific details about Nazca Ventures' investment thesis are not provided, their participation indicates a commitment to supporting companies that are developing essential infrastructure and technology solutions in the Latin American market.
What's next for Somos?
The recent major strategic investment signals a pivotal growth phase for Somos. This capital is expected to accelerate the company's expansion efforts, likely focusing on scaling its FiberWave technology infrastructure and broadening its market reach within Latin America. The company's commitment to providing accessible and high-quality internet suggests a strategic direction towards becoming a dominant player in the region's digital infrastructure landscape. Future developments may include further technological enhancements, strategic partnerships, and expanded service offerings to solidify its position and continue its mission of equitable access.
See full Somos company page
