EWA Capital

EWA Capital, formerly Mountain Nazca Colombia, is a Bogota-based gender-lens venture firm focused on tech-driven consumer platforms, writing Seed and Series A checks in the $250k to $1M range. The fund’s positioning is gender-conscious and consumer-and-platform-oriented, with relevant healthcare surfaces including women’s and reproductive health, mental and consumer wellness, telemedicine, and B2B SaaS targeting Colombian and broader Andean providers. Founders pursuing biotech, devices, or care delivery brick-and-mortar should look elsewhere. The right founder is a Colombian or LatAm technical or commercial operator building a consumer or prosumer platform with real engagement metrics, ideally with a gender-balanced founding team or an authentic gender-impact thesis. EWA is most useful when a founder is building toward Spanish-speaking LatAm consumer scale and values a fund with both gender lens and consumer platform experience. Geographic advantage is the Bogota operator network, the gender-lens LP base, and connectivity into broader LatAm Tier-1 funds for follow-on rounds. Best entry is a warm intro from a portfolio founder, a Colombian operator in the ecosystem, or a regional co-investor. Lead the pitch with engagement metrics, real consumer revenue or strong willingness-to-pay evidence, and a credible regional expansion plan into Mexico, Peru, Chile, and beyond. Be explicit about EPS payment dynamics where relevant and how the product handles Spanish-language consumer needs across regional cultural variation. Caveats: the Mountain Nazca rebrand to EWA implies a strategic shift, and founders should diligence the fund’s continuity through rebrand carefully, including LP base, deployment pace, and team continuity. Colombian payer fragmentation and EPS payment risk shape healthcare unit economics and savvy investors model that explicitly. Ask EWA about reserves, prorata behavior, and which Series A and B leads it has brought into portfolio companies. Confirm fund vintage and remaining deployment. Reference checks with current portfolio CEOs on operating support, regional introductions, and behavior in hard rounds are particularly worth the time given the rebrand context. Used appropriately, EWA is a credible Colombian gender-lens consumer partner for healthcare and wellness founders; for enterprise B2B health IT founders, the fit is narrower.