MIAMI–(BUSINESS WIRE)–Connexa Capital, a Miami-based venture capital firm, today announced the final closing of its debut venture capital fund, Connexa Capital Fund I, L.P., with over $20 million in commitments, exceeding its initial target.
The Fund invests in early-stage technology and software companies with strong fundamentals led by exceptional entrepreneurs. The fund already has five portfolio companies with its investments in FirmPilot, Proxima, Kickfin, Voila, and Integrated Projects.
Connexa is led by Managing Partner Jonathan Beda, an experienced venture capital investor and former CEO & Co-Founder of Zumbini, a spin-off of Zumba Fitness. Concurrent with his tenure at Zumbini, Beda ran AB Investment Group, an independent sponsor and predecessor to Connexa. AB raised special purposed vehicles to invest in high growth companies such as Home Chef (acquired by Kroger), Halo Cars (acquired by Lyft), Material Bank, and Terra Kaffe, among others.
“We believe the optimal balance of risk and reward lies at the inflection point beyond product-market fit and before meaningful scale,” said Beda. “Our process is designed to identify early-stage companies with clear signs of customer traction, compelling unit economics, and capital-efficient business models. As former operators ourselves, we obsess over the sustainability of a startup’s growth strategy and put a premium on profitability and cash flow potential.”
Connexa actively supports entrepreneurs through its extensive Executive Partner network, which consists of accomplished founders, operators, and investors hailing from leading global enterprises and startups including Apple, Blumberg Capital, Goldman Sachs, Google, GoPuff, Home Chef, Noom, Self Esteem Brands, SoftBank, Tiffany & Co., and Zumba Fitness among others.
Pat Vihtelic, Founder and former CEO of Home Chef, and Executive Partner at Connexa, said: “Our company’s success can be traced in large part from introductions made by Connexa including the lead investor for our Series B round, as well as various business development opportunities. After Kroger acquired Home Chef, I wanted to be a part of what Connexa was building and join a platform where I could re-invest my time and capital in the venture ecosystem. I’m thrilled to be both an Executive Partner and an investor in the Fund.”
Alberto Perlman, Founder & CEO of Zumba Fitness, and Executive Partner at Connexa, said: “Connexa’s back-to-basics investment approach is remarkably refreshing. They really roll up their sleeves alongside their portfolio companies and the team leverages its extensive collective network to help them achieve profitability and scale. I am excited to be a part of this firm.”
About Connexa Capital:
Founded in 2022, Connexa Capital is a Miami-based venture capital firm investing in technology and software companies led by exceptional entrepreneurs. Connexa’s mission is to partner with early-stage companies that possess strong economic fundamentals and support founding teams with its extensive strategic network to help drive long-term growth and profitability.
For more information, please visit www.connexacapital.com.
