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Lattice
3 of 5 stages complete
Checklist
Judge each checklist item against the evidence
3 found4 partial3 missing2 not assessed· 12 total
2 items· 1 found· 1 missing
Marisol Vega (CEO) confirmed ex-McKinsey Bogotá agribusiness (2018–2022) via alumni directory and a former manager; Wharton MBA 2020. Tomás Aguirre (CTO) ex-Globant.
↳ Exceptional founder-market fit — raised on a Colombian coffee co-op that became the first pilot customer. · you
Two-person team; no go-to-market or sales hire identified yet for a relationship-driven sales motion.
2 items· 1 found· 1 partial
Tens of thousands of LatAm co-ops, but no bottoms-up SAM for the two beachhead countries provided.
Incumbent Cropsifter (~150 co-ops, on-premise, pre-mobile) is the primary competitor; AgriTech Pro is adjacent (single-farm).
2 items· 1 found
Mobile-first workflow tool covering member registry, harvest intake, and payments.
Not yet reviewed — request architecture overview from the CTO.
2 items· 2 partial
$480K ARR at 18% MoM, but reported in USD while billed in MXN/COP — treat as approximate pending the local-currency book.
Top-3 co-ops are 62% of ARR.
↳ Confirm contract length and switching costs for the three anchors before committing. · you
2 items· 1 partial· 1 missing
No financial model in the data room — unit economics and runway cannot be assessed.
↳ Gating item — request before IC. · you
Bills in local currency, reports USD, unhedged, re-prices annually. Material sensitivity to currency moves.
2 items· 1 missing
No cap table provided — existing dilution unknown ahead of pricing the round.
Cross-border structure (Mexico/Colombia operating entities) not yet reviewed with counsel.