Winnipeg Capital

Winnipeg Capital is a Lima-based boutique venture firm investing in startups with regional Latin American potential, deploying $250k-$1M cheques at Seed and Series A across digital health, consumer wellness, and adjacent technology. For founders, Winnipeg is best understood as a Peruvian anchor with regional ambition that can help validate a round and bridge to Lima-based family offices and regional VCs. The right founder profile is a Peruvian or Andean-region operator building a digital health or consumer wellness platform with early traction and a credible plan to expand across the Andean and Pacific Alliance markets (Colombia, Chile, Mexico). Founders running deep biotech, hospital networks, or US-only plays should not approach. Entry path is via the Lima founder community, warm introductions from co-investing accelerators and angels, or direct outreach to the partner team. In the pitch, lead with concrete unit economics in PEN with FX-aware forecasting, hospital or insurance partnerships in Peru, and a credible regional expansion narrative. Caveats: Peru’s domestic venture ecosystem is small, follow-on capital depth is limited, and founders should plan international syndicates early to fund Series A and beyond. The firm is not AI-thesis driven, so AI-heavy founders should expect commercial rather than technical diligence and should bring external technical advisors. Public deal disclosures are uneven and the firm’s footprint is modest by regional standards, so founders should request a recent deal sheet during initial diligence to confirm activity level, fund vintage, cheque pacing, and reserves policy. Treat Winnipeg as a useful local partner in a syndicate rather than a primary lead at scale, and pair with larger Mexican or Brazilian funds (Angel Ventures, Bridge LATAM, Newtopia) to deepen regional presence.