Cometa VC

COMETA is a venture capital firm that invests in early-stage technology companies targeting Spanish-speaking markets globally. Founded in 2012 as VARIV Capital by Diego and Ernesto Vargas, the firm rebranded to COMETA in 2019. Headquartered in Mexico City, COMETA has deployed three funds — VARIV I (e-commerce, payments, logistics), VARIV II (fintech, marketplaces, enterprise), and COMETA III (2021, category-defining companies across the Spanish-speaking world). The firm's investment thesis focuses on the intersection of significant human interaction, potentially proprietary data, and high data criticality — targeting AI-readiness enablers. The Spanish-speaking world represents 21 countries with a combined GDP of $8T USD and 600M+ people, which COMETA views as a single-language economic bloc ripe for digital transformation.