Daniel Porras Reyes

Associate

2023

AI focused Seed-stage venture capital firm based in NYC. With over $1 billion under management across seven funds, portfolio companies include: MongoDB (NASDAQ: MDB), Noetica, Arcee.ai, BetterCloud, Chief, FalconX, Firebase (acq: GOOG), Habi, and Splice. Sourced the investment in Arcee.ai (Seed+), and co-led diligence for Cohesive (Pre-Seed) and Arcade.dev (Seed). Lead person for Flybridge’s Growth Stage Opportunity Fund. Featured investments including Finkargo ($20M round), Zest AI ($200M round), and a unannounced Vertical AI SaaS ($38M round) Led the analysis of follow-on opportunities for Cruisebound (Series A), Noetica (Series A), AllSpice (Seed+), Forcemetrics (Series A), Agtonomy (Series A+), and Intramotev (Series A).

Associate

2022 - 2022

Sourced and co-led the investment in Mecanizou (Series B).

Senior Analyst

2021 - 2022

Venture capital fund focused in supporting the best entrepreneurs creating innovative businesses in Mexico and Latin America (formerly called Alta Ventures Mexico). Investing three funds with AUM of $175M+ in Series Seed, A & B in Latam and US.

Investment Manager

2021 - 2021

Leading venture capital firm in Colombia with 16 active investments across two portfolios. • Developed the processes and criteria to pick and monitor the investments for the second fund. • Prepared investment memorandums for the investment committee which led to 3 investment approvals. • Assisted portfolio companies, which included being placed as temporary financial controller in one company, in which I managed to define the viability to achieve returns and created a roadmap to achieve a turnaround.

Investment Analyst

2020 - 2021

Financial Consultant

2020 - 2020

YC W17, venture-backed startup transforming how small businesses and homes are cleaned in Colombia. Hogaru performs over 40,000 cleaning services per month, operates in 5 cities, and directly employs more than 850 professional cleaners. • Developed a direct cash flow model with sensitivity analysis of the main variables. • Assed cash associate risk regarding Corona Virus, information used to make significant strategic decisions by de CEO.

Co-founder

2018 - 2019

Failed to find PMF. Learned painful lessons about the importance of having a problem-first mindset rather than over-indexing on the solution. Fintech savings startup in Colombia that allow users to digitize the change when making cash purchases • App with 2600 users and 44 partner stores, reaching the top 30 finance applications in the App Store. • Participated in a Google acceleration program, being selected among the top 10 most promising fintech startups.

Investments Intern

2019 - 2019

Privately-owned international business group active in 35 countries across six continents. The Group is focused on six core sectors: aviation, energy, finance and diversified, hospitality, real estate, and shipping. • Performed the valuation of Convergen Energy using DCF and multiples, and pitched the results to the senior management. • Conducted financial and legal real state market research for the COO of Elandis. Research was included in the final pitch deck presented to potential investors. • Conducted research and prepared presentations about the renewable energy market in the United States for the new CEO of Greenwood Energy.