We imagine it. We build it.
We build companies and back entrepreneurs. Connecting talent and capital, from Mexico to the world.
Built with VARIV
- Bankaya — financial access. Co-build.
- Nomipay — payroll infrastructure. Co-build.
- Osmos — people & payroll. Build · merged with Rankmi.
- Zylus — mobile infrastructure. Co-build.
- Sttega — business finance. Co-build.
- Volana — microbusiness credit. Build.
- COMETA — venture capital. Historical build · distinct firm today.
Investment history
Selected investments, including historical relationships and exits.
- 1Money — payments infrastructure. Seed · 2025.
- SPAKIO — storage & logistics. Early stage · 2023.
- PayJoy — financial access. Early stage · 2017.
- Glovo — local commerce. Early stage · 2015 · exited.
- Wallapop — circular commerce. VARIV I · 2014 · exited.
- iVoy — last-mile logistics. VARIV II · 2015 · exited.
The original funds
VARIV Capital became COMETA in 2019. COMETA is a distinct firm today. COMETA history
Full relationship index
- 1Money · 2025 · Seed financing
- 500 LATAM · 2013 · Early stage
- Agua Mágica · 2019 · Early stage
- Ancana · 2019 · Early stage
- APLI.K · 2012 · Growth
- BEWE · 2015 · Historical · VARIV II
- Bitso · 2016 · Historical · VARIV II
- Bnext · 2019 · Historical · VARIV II
- Cabify · 2015 · Historical · VARIV II
- Care/of · 2017 · Early stage · exited
- Conekta · 2015 · Historical · VARIV II
- Consubanco · 2022 · Growth
- Creze · 2019 · Buyout
- DayStore · 2021 · Early stage
- FACEIT · 2012 · Early stage · exited
- GAIA · 2015 · Historical · VARIV II
- Glovo · 2015 · Early stage · exited
- GPF Capital III · 2022 · Growth
- HeroGuest · 2022 · Early stage
- InstaFit · 2013 · Historical · VARIV I
- iOOGO · 2022 · Early stage
- iVoy · 2015 · Historical · VARIV II · exited
- JOKR · 2021 · Early stage
- Juxtapose · 2016 · Early stage
- Kueski · 2016 · Historical · VARIV II
- MPOWER · 2017 · Historical · VARIV II
- Ocho · 2021 · Early stage
- Omniprinter · 2014 · Growth
- PayJoy · 2017 · Early stage
- Skydropx · 2018 · Historical · VARIV II
- SPAKIO · 2023 · Early stage
- Wallapop · 2014 · Historical · VARIV I · exited
- Welcome Tech · 2018 · Historical · VARIV II
- Yotepresto · 2018 · Historical · VARIV II
Our people
Diego Vargas
Co-founder & Managing Partner. Company building across financial access, software and infrastructure. Co-founded Bankaya, Osmos and the firm that became COMETA. Biography
Neto Vargas
Co-founder & Managing Partner. Entrepreneurial experience across Nomipay, iVoy and COMETA, alongside creative and environmental projects. Biography
Lea Díaz
Head of Venture Capital. Investment experience across venture capital, corporate finance and fintech. Biography
Mimoun Cadosch
Associate. Experience in corporate finance and mergers and acquisitions. Biography
Andrés Ollivier
Analyst. Experience across financial services and corporate acquisitions. Biography
Our history
2012 · A venture practice begins.
VARIV Capital is founded—the firm later known as COMETA. Source
2019 · Two distinct paths.
COMETA takes its name. Diego and Neto leave operational roles to focus on VARIV. Source
2023 · A company’s next stage.
Osmos merges with Rankmi, connecting payroll with a broader people platform. Source
2026 · Backing the next stage.
SPAKIO announces a seed extension with VARIV and Liverpool, as reported by TechLA. Source
The ecosystem
BAHÍA · OUR HOME BASE
A shared home for our teams and collaborators.
CRANIA · SAN JOSÉ DEL CABO
Art, music and encounters in San José del Cabo.
THE RANCH · THE VARIV ECOSYSTEM
Crania programmeFrom the field
JUN 2026 · SPAKIO expands its seed round.
A reported extension with participation from VARIV and Liverpool. TechLA
DEC 2025 · 1Money opens its business platform.
Stablecoin infrastructure moves into a platform for business payments. 1Money
MAR 2023 · Osmos and Rankmi come together.
A new chapter for a company built with VARIV. Rankmi