Class 5 Global

About Class 5 Global

Class 5 Global is a venture capital firm founded in 2018 and based in San Francisco, California. It invests in early-stage technology startups led by the next generation of entrepreneurs, with a particular focus on emerging markets rather than traditional Silicon Valley hubs. The firm describes itself as being "in the people business," prioritizing founder quality above all else. It provides hands-on operational support, helping local entrepreneurs connect with broader international networks, capital sources, and go-to-market opportunities beyond their home regions. Its focus spans consumer products, e-commerce, SaaS, and technology-driven platforms across MENA, Latin America, Southeast Asia, and Africa. Recent investments include Invygo, Caliza, and Penny, with TrueHome among its past portfolio exits. The firm has made roughly 40 investments to date. Class 5 typically backs companies from pre-seed through Series A, occasionally participating in later rounds; specific check sizes are not publicly disclosed. Their investment approach centers on identifying visionary founders solving unique, large-scale problems rooted in local markets with global scaling potential.
People
  • Joel Enrique Ayala, Co-Founder & Managing Partner