Quona Capital

Quona Capital is a global venture firm with a sharp thesis on financial inclusion and the technology infrastructure that enables it, with offices in Singapore, Bangalore, Mexico City, and Washington DC. Healthcare exposure is real but indirect, primarily expressed through health-financing, insurance distribution, and tech enablers that sit at the intersection of fintech and care access. Stage focus spans seed through Series B with checks ranging up to $25M, and the firm is not a generalist healthcare investor. AI is not flagged as a primary focus area for Quona, though its portfolio increasingly touches AI-enabled fintech infrastructure. The right founder for Quona is a fintech-adjacent healthcare entrepreneur, including health-financing platforms, microinsurance distributors, employer benefit fintechs, claims-processing infrastructure, or pharmacy financing networks, operating in emerging markets across Southeast Asia, India, Latin America, or Africa with credible scale potential. The wrong founder is a clinical care-delivery business, a medtech or therapeutics team, or a digital health business with no fintech or financial-rails wedge. Intro paths run through Quona’s deep network of fintech operators across emerging markets, including alumni of Kaszek and QED in LatAm and of major Southeast Asian fintechs such as Akulaku, Funding Societies, and KoinWorks, as well as through development finance institutions including IFC and Accion International, which have historic ties to the firm. In the pitch, lead with the financial-inclusion thesis explicitly: who is being served, how they were served before, and what unlocks because of your platform. Show clear unit economics including default rates, contribution margin, and CAC payback in local currency, and be specific about regulatory posture under the central bank or insurance regulator in each market. Healthcare-specific framing should be subordinate to the fintech wedge in early conversations. Caveats are clarity-of-fit issues. Quona’s brand, network, and follow-on capacity are strong, but the firm is selective about pure healthcare exposure, so founders without a clean fintech wedge should focus their time on dedicated digital health funds rather than trying to fit a healthcare narrative into Quona’s investment committee. For founders who do fit, the partnership is high-quality and globally networked.