MGV Capital - Mariano Gonzalez x Frictionless Match Report
FRICTIONLESS INTELLIGENCE
Profile Summary
Get a clear snapshot of MGV Capital’s thesis, check size, sectors, geo focus, and the specific value we bring to founders.
Startup Matches
Review startups that align with our thesis, see match scores, and why/what’s needed to engage.
Fund Profile Summary
Headquarters
San Antonio, TX (invests US + LATAM)
Fund Size
Not Available
Average Ticket
$25K–$50K (equity or SAFE)
Primary Verticals
AI & Automation, B2B SaaS, Data Infrastructure, FinTech, Climate/Industrial Software
Investment Philosophy
Back AI + automation and B2B SaaS that turn complex operations into scalable software; hands-on help with data strategy and GTM clarity.
Portfolio Examples
Not Available
Geographic Bias
United States + LATAM, with a focus on Texas-based founders and cross-border scalability.
Overall Frictionless Insights
Strongest fits now: Alt-Bionics (83%), Openlane (69%), Tu TeleDoc (72%), New Dominion Enterprises (67%).
Prosperas (62%), EarthLive (65%) fit thesis but need clearer pilots/metrics; RentBamboo (61%), Athlete Constellation (61%), Berry Bank (60%) benefit more from angel/accelerator rounds first.
We add most value where there’s a clear automation backbone and a near-term data moat (pipelines, labeling, model performance, compliance workflows).
.
Your Startup Matches
Profile
#
Startup
Neuro-prosthetics platform; affordable myoelectric hands with embedded ML.
1
Alt-Bionics
Match %
83%
-
Sector: MedTech / AI Robotics
Stage: Seed (hardware + ML stack)
HQ: San Antonio, TX
Match %: 83% (Strong)
Readiness Score: Score:78% (Strong)
Fit Type: ✅ Excellent Fit
Why It Fits
Clear automation + ML edge; cost-disruptive prosthetics with software upsell path.
Risks / Friction
Pre-revenue; needs pilots + defensibility.
Frictionless View
• Sector Fit: 9 / 10
• Stage Fit: 8 / 10
• Geography: 10 / 10
• Founder-Market Fit: 9 / 10
• Traction: 7 / 10
• Impact & Thesis Fit: 9 / 10
B2B compliance automation / workflow SaaS.
2
Openlane
69%
-
Sector: B2B SaaS / Compliance Automation
Stage: Pre-seed → Bridge
HQ: San Antonio, TX
Match %: 69%
Readiness Score: 74 % (Advancing)
Fit Type: Strong Thematic Fit
Why It Fits
“Compliance into code” matches MGV’s automation focus.
Risks / Friction
Pre-revenue; needs pilots + defensibility.
Frictionless View
• Sector Fit: 9 / 10
• Stage Fit: 7 / 10
• Geography: 10 / 10
• Founder-Market Fit: 8 / 10
• Traction: 5 / 10
• Impact & Thesis Fit: 8 / 10
Primary care tele health for LATAM diaspora + employer channels..
3
Tu TeleDoc
72%
-
Sector: HealthTech / Virtual Care
Stage: Seed
HQ: San Antonio, TX
Match: 72%
Readiness Score: 73 % (Advancing)
Fit Type: Strong Fit
Why It Fits
Workflow automation and LATAM expansion fit MGV’s portfolio focus.
Risks / Friction
Healthcare reg burden; margins validation
Frictionless View
• Sector Fit: 9 / 10
• Stage Fit: 8 / 10
• Geography: 10 / 10
• Founder-Market Fit: 8 / 10
• Traction: 7 / 10
• Impact & Thesis Fit: 8 / 10
Inorganic liquid electrolyte (Phospholyte®) with safety/performance gains.
4
New Dominion Enterprises (NDE)
67%
-
Sector: ClimateTech / Advanced Materials + Data Layer
Stage: Bridge → Series A
HQ: San Antonio, TX
Match : 67%
Readiness Score: 76%
Fit Type: Strategic Fit (software angle)
Why It Fits
Potential to layer analytics and manufacturing automation software.
Risks / Friction
Cap-intensive hardware; software vision not yet formalized.
Frictionless View
• Sector Fit: 8 / 10
• Stage Fit: 8 / 10
• Geography: 10 / 10
• Founder-Market Fit: 9 / 10
• Traction: 7 / 10
• Impact & Thesis Fit: 8 / 10
Satellite-enabled emergency response & location ID wearables.
5
EarthLive
65%
-
Sector: IoT Safety Platform
Stage: Pre-seed
HQ: San Antonio, TX
Match : 65%
Readiness Score: 61 % (Early)
Fit Type: Good Fit (needs pilots)
Why It Fits
Automation for B2G/B2B alerts + strong engineering founders
Risks / Friction
Hardware dependency and capital cycles.
Frictionless View
• Sector Fit: 7 / 10
• Stage Fit: 6 / 10
• Geography: 10 / 10
• Founder-Market Fit: 8 / 10
• Traction: 5 / 10
• Impact & Thesis Fit: 7 / 10
Fintech infrastructure for cross-border micro-SMEs..
6
Prosperas
62%
-
Sector: FinTech Infrastructure / SME Finance
Stage: Seed
HQ: U.S. + LATAM
Match: 62%
Readiness Score: 78 %
Fit Type: Thematic Fit (needs traction)
Why It Fits
Cross-border payments + automation for underwriting/KYC aligns with thesis.
Risks / Friction
Regulatory complexity; multi-currency execution.
Frictionless View
• Sector Fit: 8 / 10
• Stage Fit: 7 / 10
• Geography: 9 / 10
• Founder-Market Fit: 7 / 10
• Traction: 6 / 10
• Impact & Thesis Fit: 9 / 10
Proptech B2B2C leasing automation for apartments..
7
RentBamboo
61%
-
Sector:PropTech / Leasing Automation
Stage: Pre-seed
HQ: San Antonio, TX
Match: 61%
Readiness Score: 71%
Fit Type: Watch (needs first wins)
Why It Fits
Leasing workflow automation with clear KPIs and B2B efficiency story.
Risks / Friction
Pre-revenue; crowded space; sales cycle risk.
Frictionless View
• Sector Fit: 7 / 10
• Stage Fit: 6 / 10
• Geography: 10 / 10
• Founder-Market Fit: 7 / 10
• Traction: 4 / 10
• Impact & Thesis Fit: 7 / 10
“Green” digital banking for LATAM with sustainability rewards.
8
Athlete Constellation
61%
-
Sector: SportsTech / AI Analytics
Stage: Pre-seed
HQ: San Antonio, TX
Match: 61%
Readiness Score: 63%(Early)
Fit Type: Watch (build data proof)
Why It Fits
AI analytics for athlete visibility mirrors existing data SaaS thesis.
Risks / Friction
Needs pilots + pricing clarity.
Frictionless View
• Sector Fit: 7 / 10
• Stage Fit: 6 / 10
• Geography: 10 / 10
• Founder-Market Fit: 8 / 10
• Traction: 4 / 10
• Impact & Thesis Fit: 7 / 10
Youth sports performance analytics & talent discovery (AI).
9
Berry Bank
60%
-
Sector: FinTech / Sustainability Banking
Stage: Pre-revenue
HQ: San Antonio, TX + LATAM
Readiness Score: 69 % (Forming)
Fit Type: Impact Aligned (very early)
Why It Fits
Green credit scoring automation fits impact verticals.
Risks / Friction
Heavy reg requirements and partnership dependencies.
Frictionless View
• Sector Fit: 7 / 10
• Stage Fit: 5 / 10
• Geography: 10 / 10
• Founder-Market Fit: 8 / 10
• Traction: 3 / 10
• Impact & Thesis Fit: 7 / 10